IPO

Artemis Electricals Limited IPO

BSE SME

Offer Date: Apr 24, 2019 - Apr 30, 2019

₹ 220000 /4000 Shares
*Min Investment

24 Apr, 2019

Open Date

30 Apr, 2019

Close Date

06 May, 2019

Allotment Date

08 May, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 55/- to Rs 60/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 70,00,000 Equity Shares of Rs 10/- at a price of Rs 55/- to Rs 60/- per share aggregating to Rs 42 Cr
  • Listing at BSE SME
  • Lead Manager Fedex Securities Limited
  • Registrar Cameo Corporate Services Limited
IPO Details
  • Retail Portion N/A
IPO Details


Artemis Electricals Limited IPO is an SME IPO, priced at Rs 55/- to Rs 60/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Apr 24, 2019 to Apr 30, 2019. The allotment is expected to be finalized on May 6, 2019, and the tentative listing date is May 8, 2019.


The registrar of the IPO is Cameo Corporate Services Limited, and

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IPO Subscription Analysis And Details
Retail
15.00x
Total
70.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved33,22,00033,22,00066,44,000
Day 1 - 24-04-19
0 0.00 x8,000 0.00 x8,000 0.00 x
Day 2 - 25-04-19
0 0.00 x26,000 0.01 x26,000 0.00 x
Day 3 - 26-04-19
1,72,000 0.05 x42,000 0.01 x2,14,000 0.03 x
Day 4 - 30-04-19
27,92,000 0.84 x3,76,000 0.11 x31,68,000 0.48 x
Day 4 - 06-05-19
55,56,000 1.67 x15,02,000 0.45 x70,58,000 1.06 x
Valuations
Earnings Per Share (EPS) 3.86/-
P/E Ratio 15.55
RoNW 53.20%
Net Asset Value ( As on 31.10.18 ) Rs 13.50/-
IPO - Issue Objectives
1

Long term Working Capital Requirements.

2

Purchase of machinery /equipment.

3

General corporate Purpose 

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Jinaam's Dress Limited1.5416.8025.37%154.25
TCNS Clothing Co. Limited  4.1547.4611.69%838.49