Benara Bearings & Pistons Ltd IPO
BSE SME₹ 240000 /4000 Shares
*Min Investment
20 Mar, 2018
Open Date22 Mar, 2018
Close Date28 Mar, 2018
Allotment Date03 Apr, 2018
Listing DateIPO Issue Details
- Issue Price Rs 60 - Rs 63 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 53,16,000 Equity Shares of Rs 10/- each at a price of Rs 60 - Rs 63 per share aggregating to 33.49 Cr
- Listing at BSE SME
- Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
- Registrar Bigshare Services Pvt. Ltd
IPO Details
- Retail Portion N/A
IPO Details
Benara Bearings & Pistons Ltd IPO is an SME IPO, priced at Rs 60 - Rs 63 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 Mar 20, 2018 to Mar 22, 2018. The allotment is expected to be finalized on Mar 28, 2018, and the tentative listing date is Apr 3, 2018.
The registrar of the IPO is Bigshare Services Pvt. Ltd , and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 24,84,000 | 24,84,000 | 50,44,000 |
Day 1 20-03-18 | 4,76,000 0.19 x | 23,68,000 0.95 x | 28,68,000 0.57 x |
Day 2 21-03-18 | 8,50,000 0.34 x | 29,82,000 1.20 x | 38,82,000 0.77 x |
Day 3 22-03-18 | 26,44,000 1.06 x | 68,84,000 2.77 x | 96,18,000 1.91 x |
Day 4 15-03-18 | N/A x | N/A x | N/A x |
Valuations
IPO - Issue Objectives
Expansion of the Company by way of opening retail stores for automobile parts across the country
Funding the working capital requirements of the Subsidiary Company-Benara Solar Private Limited (BSPL)
Funding the working capital requirements of the Company
General Corporate Purposes
IPO - FAQs
Ans. Benara Bearings & Pistons Ltd IPO is a SME IPO. The issue is priced at Rs 60 - Rs 63 Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Mar 20, 2018, and closes on Mar 22, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Benara Bearings & Pistons Ltd IPO opens on Mar 20, 2018 and closes on Mar 22, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Benara Bearings & Pistons Ltd IPO is 53,16,000 Equity Shares of Rs 10/- each at a price of Rs 60 - Rs 63 per share aggregating to 33.49 Cr.
Ans. The Benara Bearings & Pistons Ltd IPO price band is set between Rs 60 - Rs 63 Per Equity Share .
Ans. To apply for Benara Bearings & Pistons Ltd IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Benara Bearings & Pistons Ltd IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Benara Bearings & Pistons Ltd IPO is Mar 28, 2018.
Ans. The Benara Bearings & Pistons Ltd IPO will be listed on Apr 3, 2018.
Ans. Follow the steps to check the Benara Bearings & Pistons Ltd IPO allotment status online.
