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Khemani Distributors & Marketing Ltd IPO (Khemani Distributors IPO) Detail

March 16, 2016 - March 18, 2016

Khemani Distributors IPO is a fixed price issue of Rs 15.84 crores.

Khemani Distributors IPO bidding started from March 16, 2016 and ended on March 18, 2016. The shares got listed on BSE SME on March 30, 2016.

Khemani Distributors IPO price is ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000.

Choice Capital Advisors Pvt Ltd is the book running lead manager of the Khemani Distributors IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Khemani Distributors IPO RHP for detailed information.

Khemani Distributors IPO Details

IPO Date March 16, 2016 to March 18, 2016
Listing Date March 30, 2016
Face Value ₹10 per share
Price ₹100 per share
Lot Size 1200 Shares
Total Issue Size1,584,000 shares
(aggregating up to ₹15.84 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue4,159,500
Share holding post issue5,743,500

Khemani Distributors IPO Lot Size

Investors can bid for a minimum of 1200 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 1200 ₹120,000
Retail (Max) 1 1200 ₹120,000
Lot Size Calculator

About Khemani Distributors & Marketing Ltd

Khemani Distributors & Marketing Ltd (KDM) is engaged in the business of trading in FMCG products of Hindustan Unilever Limited ('HUL') as a 'Redistribution Stockist' in Surat, Gujarat. Its product portfolio includes (a) personal care products; (b) home care products; and (c) food and drinks products. KDM primarily caters to the retailers and wholesalers of Surat wherein it supply the above range of HUL FMCG products. Currently, it is catering to approximately 3,500 retailers and wholesalers located in Surat. KDM also keeps investing and dealing in securities, in such manner, as it deems fit for the attainment of its main objects.

Initially, in the year 2011 the Company was involved in the business of distributorship of mobile handsets with one of the mobile manufacturers for the territories of Surat district, Tapi district, Navsari district, Silvassa, Daman, Umargaon, Pardi, Dharampur and Valsad town. However, it discontinued the said business in the year 2012.

Objects of the Issue (Khemani Distributors IPO Objectives)

The Objects of the Issue are:
1. Repayment of unsecured loans;
2. To meet the working capital requirements;
3. General corporate purposes; and
4. To meet the Issue expenses.

Khemani Distributors IPO Review (Avoid)

[Dilip Davda]  

Performance of the company does not match the asking price. Exorbitant pricing makes this issue a high risk, no reward bet. Investors may give it a miss.

Read detail review...

Khemani Distributors IPO Prospectus

Khemani Distributors IPO Rating

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3.5
Rating:Rated 3.5 stars
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Khemani Distributors IPO Listing Details

Listing Date March 30, 2016
BSE Script Code 539788
NSE Symbol
ISIN INE030U01017
Final Issue Price ₹100 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹100.00
₹105.00
₹101.00
₹105.00
₹101.00

Check IPO Performance…

Khemani Distributors & Marketing Ltd Contact Details

Khemani Distributors & Marketing Ltd
Survey No. 187, Plot No. 1 to 4,
Opposite Saiffee Complex, Near Baroda Rayon Corp,
Udhana, Bhestan, Surat 394 210, Gujarat, India
Phone: +91-261-2905031
Email: investors@khemanigroup.net
Website: http://www.khemanigroup.net/

Khemani Distributors IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Khemani Distributors IPO - Buy or Not

Khemani Distributors IPO Recommendation Summary

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

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Khemani Distributors IPO FAQs

Khemani Distributors IPO is a SME IPO of 1,584,000 equity shares of the face value of ₹10 aggregating up to ₹15.84 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200 Shares.

The IPO opens on March 16, 2016, and closes on March 18, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Khemani Distributors IPO opens on March 16, 2016 and closes on March 18, 2016.

Khemani Distributors IPO lot size is 1200 Shares, and the minimum amount required is ₹120,000.

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

The Khemani Distributors IPO listing date is on March 30, 2016.
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Khemani Distributors IPO Message Board

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1 Comments

1. Shivajee |   Link |  Bookmark |April 7, 2016 9:46:46 PM (700+ Posts, 100+ Likes)
Okay people, the matter is now finished for this IPO.

We will talk about next IPO. what is coming next and when? any news?