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Carewell Industries Ltd IPO (Carewell Industries IPO) Detail

July 25, 2014 - July 30, 2014

Carewell Industries IPO is a fixed price issue of Rs 4.96 crores.

Carewell Industries IPO bidding started from July 25, 2014 and ended on July 30, 2014. The shares got listed on BSE SME on August 12, 2014.

Carewell Industries IPO price is ₹15 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Inventure Merchant Banker Services Pvt Ltd is the book running lead manager of the Carewell Industries IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue. The market maker for Carewell Industries IPO is Guiness Securities.

Refer to Carewell Industries IPO RHP for detailed information.

Carewell Industries IPO Details

IPO Date July 25, 2014 to July 30, 2014
Listing Date August 12, 2014
Face Value ₹10 per share
Price ₹15 per share
Lot Size 8000 Shares
Total Issue Size3,304,000 shares
(aggregating up to ₹4.96 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue3,802,500
Share holding post issue7,106,500
Market Maker portion168,000 shares
Guiness Securities

Carewell Industries IPO Lot Size

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 ₹120,000
Retail (Max) 1 8000 ₹120,000
Lot Size Calculator

Carewell Industries IPO Promoter Holding

The promoters of the company are:

1. Mrs. R. Rathinam
2. Saraa Mediaworks Private Ltd

Share Holding Pre Issue 39.05%
Share Holding Post Issue 20.89%

About Carewell Industries Ltd

Carewell Industries Ltd is engaged in marketing the mosquito repellent coils under the brand "ROOSTER". It is also engaged in the marketing of incense sticks (agarbattis) in the brand name "Deo" and "Samraj".

CIL gets products manufactured from third party manufacturers under its own brand and market it through the network of dealers and distributors. Currently, its products are sold in South India. They provide value for money coils primarily focusing on Household Insecticides Products.

Key Performance Indicator

Objects of the Issue (Carewell Industries IPO Objectives)

The object of the issue are to:

1. Brand Building;
2. Meeting Additional Working Capital Requirements;
3. Meeting Public Issue Expenses.

Carewell Industries IPO Review (Avoid)

[Dilip Davda]  

 

Remark: Avoid this costly bet that also has entry barriers.

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Carewell Industries IPO Prospectus

Carewell Industries IPO Rating

8
2.5
Rating:Rated 2.5 stars
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Carewell Industries IPO Listing Details

Listing Date August 12, 2014
BSE Script Code 538579
NSE Symbol
ISIN INE641Q01019
Final Issue Price ₹15 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹15.00
₹14.40
₹13.65
₹14.40
₹13.65

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Carewell Industries Ltd Contact Details

Carewell Industries Ltd
F2, Sindur Pantheon Plaza,
4th Floor, 346 Pantheon Rd,
Egmore, Chennai – 600 008
Phone: +91 44 4355 5227
Email: carewellindustrieslimited@gmail.com
Website: http://www.carewellindustriesltd.com

Carewell Industries IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query

Carewell Industries IPO - Buy or Not

Carewell Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Carewell Industries IPO FAQs

Carewell Industries IPO is a SME IPO of 3,304,000 equity shares of the face value of ₹10 aggregating up to ₹4.96 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.

The IPO opens on July 25, 2014, and closes on July 30, 2014.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Carewell Industries IPO opens on July 25, 2014 and closes on July 30, 2014.

Carewell Industries IPO lot size is 8000 Shares, and the minimum amount required is ₹120,000.

You can apply in Carewell Industries 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 Carewell Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Carewell Industries IPO allotment status.

The Carewell Industries IPO listing date is on August 12, 2014.
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Carewell Industries IPO Message Board

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2 Comments

2. Ghasanfar |   Link |  Bookmark |July 30, 2014 6:29:10 PM
Just go a sms issue is over subscribed....
1. Ghasanfar |   Link |  Bookmark |July 25, 2014 3:43:48 PM
premium is not very high .. I guess should do well... As all SME IPOs have done well