FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Endurance Technologies IPO is a book built issue of Rs 1,161.73 crores. The issue is entirely an offer for sale of 2.46 crore shares.
Endurance Technologies IPO bidding started from October 5, 2016 and ended on October 7, 2016. The allotment for Endurance Technologies IPO was finalized on Monday, October 17, 2016. The shares got listed on BSE, NSE on October 19, 2016.
Endurance Technologies IPO price band is set at ₹467 to ₹472 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹14,160.
Axis Capital Limited and Citigroup Global Markets India Private Limited are the book running lead managers of the Endurance Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Endurance Technologies IPO RHP for detailed information.
IPO Date | October 5, 2016 to October 7, 2016 |
Listing Date | October 19, 2016 |
Face Value | ₹10 per share |
Price Band | ₹467 to ₹472 per share |
Lot Size | 30 Shares |
Total Issue Size | 24,613,024 shares (aggregating up to ₹1,161.73 Cr) |
Offer for Sale | 24,613,024 shares of ₹10 (aggregating up to ₹1,161.73 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 140,662,848 |
Share holding post issue | 140,662,848 |
Endurance Technologies IPO offers 17,229,118 shares. 4,922,605 (28.57%) to QIB, 3,691,954 (21.43%) to NII, 8,614,559 (50.00%) to RII. 287,151 RIIs will receive minimum 30 shares and (sNII) and (bNII) will receive minimum 450 shares. (in case of oversubscription)
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | - | NA |
QIB Shares Offered | 4,922,605 (28.57%) | NA |
NII (HNI) Shares Offered | 3,691,954 (21.43%) | |
Retail Shares Offered | 8,614,559 (50.00%) | 287,151 |
Total Shares Offered | 17,229,118 (100%) |
Endurance Technologies IPO opens on October 5, 2016, and closes on October 7, 2016.
IPO Open Date | Wednesday, October 5, 2016 |
IPO Close Date | Friday, October 7, 2016 |
Basis of Allotment | Monday, October 17, 2016 |
Initiation of Refunds | Tuesday, October 18, 2016 |
Credit of Shares to Demat | Tuesday, October 18, 2016 |
Listing Date | Wednesday, October 19, 2016 |
Cut-off time for UPI mandate confirmation | 5 PM on October 7, 2016 |
Investors can bid for a minimum of 30 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 | 30 | ₹14,160 |
Retail (Max) | 14 | 420 | ₹198,240 |
Lot Size Calculator |
Incorporated in year 2000, Endurance Technologies Ltd is in the business of manufacturing two-wheeler and three-wheeler automotive component. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Endurance Tech also manufacture specified components for four-wheeler passenger vehicles, light commercial vehicles and heavy commercial vehicles.
Endurance Tech is the complete solutions provider, providing end-to-end services by engaging its customers from conception to end-user delivery. Visit chittorgarh.com for more detail.Company's development process includes design, development, validation, testing, manufacturing, delivery and aftermarket sale service for a wide range of technology-intensive auto component products.
Endurance Tech have 25 plants across India, Italy and Germany. Company have 18 manufacturing plants in India, located in the major automotive manufacturing belts of the country, comprising 8 in Aurangabad (Maharashtra), 5 in Pune (Maharashtra), 2 in Pantnagar (Uttarakhand) and 1 each in Manesar (Haryana), Chennai (Tamil Nadu) and Sanand (Gujarat).
Endurance also have 2 manufacturing facilities in Germany and 5 in Italy. In Europe, company predominantly cater to four-wheeler OEMs (original equipment manufacturer), focusing on engine and transmission components.
Key Highlights:
1. Company is largest two-wheeler and three-wheeler automotive component manufacturer in India in terms of aggregate revenue.
2. Company is largest aluminum die-casting company in India in terms of actual output and installed capacity.
3. Total revenue contribution from India is over 70% and 30% from Europe.
4. Company's long-term bank facilities are rated CRISIL AA-/Stable and short-term bank facilities are rated CRISIL A1+.
Particulars | For the year/period ended (in Rs. Million) | |||||
---|---|---|---|---|---|---|
As at 30-Jun-16 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
Total Assets | 21,805.34 | 19,917.30 | 18,796.98 | 19,442.64 | 19,072.74 | 19,139.43 |
Total Revenue | 9,705.22 | 36,958.85 | 35,400.09 | 31,450.63 | 27,377.65 | 27,855.36 |
Profit After Tax (PAT) | 538.81 | 2,055.96 | 1,813.99 | 1,500.31 | 1,009.79 | 1,060.48 |
The objects of the Offer are :
1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges and
2. To carry out the Offer for Sale.
[Dilip Davda] Company has been reporting consistent growth in top and bottom line. Based on future prospects for automobile sector, investors may consider investment for short to long term. Read detail review...
The Endurance Technologies IPO is subscribed 43.84 times on October 7, 2016 5:50:00 PM. The public issue subscribed 2.69 times in the retail category, 53.43 times in the QIB category, and 127.07 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 53.43 |
NII | 127.07 |
Retail | 2.69 |
Total | 43.84 |
Listing Date | October 19, 2016 |
BSE Script Code | 540153 |
NSE Symbol | ENDURANCE |
ISIN | INE913H01037 |
Final Issue Price | ₹472 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹472.00 |
₹570.00 |
₹570.00 |
₹655.00 |
₹647.70 |
NSE |
---|
₹472.00 |
₹572.00 |
₹572.00 |
₹654.40 |
₹646.90 |
Endurance Technologies Ltd
K-228, MIDC Industrial Area,
Waluj, Aurangabad 431 136,
Maharashtra, India
Phone: +91 240 256 6686
Email: investors@endurance.co.in
Website: http://www.endurancegroup.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: etl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Endurance Technologies IPO is a main-board IPO of 24,613,024 equity shares of the face value of ₹10 aggregating up to ₹1,161.73 Crores. The issue is priced at ₹467 to ₹472 per share. The minimum order quantity is 30 Shares.
The IPO opens on October 5, 2016, and closes on October 7, 2016.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Endurance Technologies IPO opens on October 5, 2016 and closes on October 7, 2016.
Endurance Technologies IPO lot size is 30 Shares, and the minimum amount required is ₹14,160.
You can apply in Endurance Technologies 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 Endurance Technologies IPO will be done on Monday, October 17, 2016, and the allotted shares will be credited to your demat account by Tuesday, October 18, 2016. Check the Endurance Technologies 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
|