IPO

Bhatia Communications & Retail (India) Limited IPO

BSE SME

Offer Date: Feb 8, 2018 - Feb 12, 2018

₹ 300000 /2000 Shares
*Min Investment

08 Feb, 2018

Open Date

12 Feb, 2018

Close Date

20 Feb, 2018

Allotment Date

22 Feb, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 150 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 16,50,000 Equity Shares of Rs 10/- each at a price of 150/- per share aggregating to 24.75 Cr> Fresh Issue of 14,00,000 Equity Shares of Rs 10/- each at a price of 150/- per share aggregating to 21 Cr> Offer for Sale of 2,50,000 Equity Shares of Rs 10/- each at a price of 150/- per share aggregating to 3.75 Cr
  • Listing at BSE SME
  • Lead Manager Guiness Corporate Advisors Pvt Ltd
  • Registrar Purva Sharegistry India Pvt Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Bhatia Communications & Retail (India) Limited IPO is an SME IPO, priced at Rs 150 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 Feb 8, 2018 to Feb 12, 2018. The allotment is expected to be finalized on Feb 20, 2018, and the tentative listing date is Feb 22, 2018.


The registrar of the IPO is Purva Sharegistry India Pvt Ltd , and

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IPO Subscription Analysis And Details
Retail
5.00x
Total
21.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved7,83,0007,83,00015,66,000
Day 1 08-02-18
6,56,000 0.84 x27,000 0.03 x6,83,000 0.44 x
Day 2 09-02-18
11,67,000 1.49 x50,000 0.06 x12,17,000 0.77 x
Day 3 12-02-18
15,55,000 1.99 x5,73,000 0.73 x21,28,000 1.36 x
Valuations
Earnings Per Share (EPS) Rs 0.76
P/E Ratio 197
RoNW 13.46%
Net Asset Value (NAV) - After Issue Rs 41.33
IPO - Issue Objectives
1

Offer for SaleCompany will not receive any proceeds from the Offer for Sale.

2

Fresh Issue(a) Long term Working capital requirement(b) General Corporate Purposes(c) Meeting Public Issue Expenses