FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Bindal Exports IPO is a fixed price issue of Rs 2.00 crores.
Bindal Exports IPO bidding started from September 30, 2016 and ended on October 6, 2016. The shares got listed on BSE SME on October 17, 2016.
Bindal Exports IPO price is ₹16 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹128,000.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Bindal Exports IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Bindal Exports IPO is Pantomath Stock Brokers.
Refer to Bindal Exports IPO RHP for detailed information.
IPO Date | September 30, 2016 to October 6, 2016 |
Listing Date | October 17, 2016 |
Face Value | ₹10 per share |
Price | ₹16 per share |
Lot Size | 8000 Shares |
Total Issue Size | 1,248,000 shares (aggregating up to ₹2.00 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 3,352,400 |
Share holding post issue | 4,600,400 |
Market Maker portion | 64,000 shares Pantomath Stock Brokers |
Investors can bid for a minimum of 8000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 8000 | ₹128,000 |
Retail (Max) | 1 | 8000 | ₹128,000 |
Lot Size Calculator |
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 72.87% |
Incorporated in 1997, Bindal Exports Ltd is a Surat, Gujarat based company involved in supplying fabrics, trading of grey cloth and finished fabrics and job work of fabrics. The products company produce includes dyed and printed fabrics of polyester, cotton and viscose base; Indian ethnic wear like saree and salwar-kurta-dupatta, embellished stoles and Scarves and flags.
Company has sticking and cutting facility with requisite machineries and facilities at Surat. The products produces cater both domestic and international markets.
Competitive Strengths:
1. Experienced Management Team
2. Quality Assurance
3. Co-relation with its group company
4. Established Marketing Setup
5. Locational Advantage
6. Scalable Business Model
KPI | Values |
---|---|
RoNW | 0.94% |
The objects of the issue are:
1. Working Capital Requirement;
2. General Corporate Purpose.
[Dilip Davda] Considering high pricing of the issue, Investors may ignore it. Read detail review...
Listing Date | October 17, 2016 |
BSE Script Code | 540148 |
NSE Symbol | |
ISIN | INE564V01013 |
Final Issue Price | ₹16 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹16.00 |
₹17.00 |
₹16.20 |
₹17.00 |
₹16.20 |
Bindal Exports Ltd
Bindal House, Kumbharia,
Surat Kadodara Road,
Surat 394210, Gujarat, India
Phone: +91-261-2640700
Email:
Website: http://www.bindalexports.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide
Bindal Exports IPO is a SME IPO of 1,248,000 equity shares of the face value of ₹10 aggregating up to ₹2.00 Crores. The issue is priced at ₹16 per share. The minimum order quantity is 8000 Shares.
The IPO opens on September 30, 2016, and closes on October 6, 2016.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Bindal Exports IPO opens on September 30, 2016 and closes on October 6, 2016.
Bindal Exports IPO lot size is 8000 Shares, and the minimum amount required is ₹128,000.
You can apply in Bindal Exports IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Bindal Exports IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bindal Exports IPO allotment status.
Useful Articles
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|