FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
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.
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 Size | 1,584,000 shares (aggregating up to ₹15.84 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 4,159,500 |
Share holding post issue | 5,743,500 |
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 |
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.
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.
[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...Listing Date | March 30, 2016 |
BSE Script Code | 539788 |
NSE Symbol | |
ISIN | INE030U01017 |
Final Issue Price | ₹100 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹100.00 |
₹105.00 |
₹101.00 |
₹105.00 |
₹101.00 |
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/
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
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.
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
|
We will talk about next IPO. what is coming next and when? any news?