Fine Organic Industries Limited IPO
Mainboard
₹ 14877 /19 Shares
20 Jun, 2018
Open Date22 Jun, 2018
Close Date28 Jun, 2018
Allotment Date02 Jul, 2018
Listing DateIPO Issue Details
- Issue Price Rs 780 - Rs 783 per Equity Share
- Face Value Rs 5 Per Equity Share
- Issue Price Offer for Sale of 76,64,994 Equity Shares of Rs 5 each at prince of Rs 780 - Rs 783 aggregating up to Rs 600.17 Cr
- Listing at NSE, BSE ( B - Group )
- Lead Manager JM Financial Limited and Edelweiss Financial Services Limited
- Registrar Karvy Computershare Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹780 - 783 per equity share, which has a face value of Rs 5 Per Equity Share each, IPO bidding starts from Jun 20, 2018 and ends on Jun 22, 2018. The allotment for IPO will be finalized on Jun 28, 2018. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 2, 2018. The company shall list its equity shares on the NSE, BSE ( B - Group ). Karvy Computershare Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are JM Financial Limited and Edelweiss Financial Services Limited.
The IPO sets its price band at 780 - 783 for each share. A single application for Fine Organic Industries Limited IPO must contain at least 19 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 15,32,999 | 11,49,750 | 26,82,748 | 53,65,497 |
|
Day 1
20-06-18
|
2,55,417 0.17 x | 7524 0.01 | 3,57,371 0.13 x | 6,20,312 0.12 x |
|
Day 2
21-06-18
|
9,81,483 0.64 x | 51,490 0.04 | 10,77,718 0.40 x | 21,10,691 0.39 x |
|
Day 3
22-06-18
|
1,97,06,705 12.85 x | 2,41,54,092 21.00 | 36,67,475 1.37 x | 4,75,28,272 8.85 x |
Valuations
IPO - Issue Objectives
To carry out the disinvestment of 76,64,994 Equity Shares by the Selling Shareholder in the company.
To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Fine Organic Industries Ltd (IPO) | 6.63 | 30.64 | 24.65% | 819.35 |
| Galaxy Surfactants Ltd | 8.26 | 31.31 | 19.77% | 1502.64 |
IPO - FAQs
Ans. Fine Organic Industries Limited IPO is a Mainboard IPO. The issue is priced at Rs 780 - Rs 783 per Equity Share. The minimum order quantity is 19 Shares. The IPO opens on Jun 20, 2018, and closes on Jun 22, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE ( B - Group ).
Ans. The Fine Organic Industries Limited IPO opens on Jun 20, 2018 and closes on Jun 22, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Fine Organic Industries Limited IPO is Offer for Sale of 76,64,994 Equity Shares of Rs 5 each at prince of Rs 780 - Rs 783 aggregating up to Rs 600.17 Cr.
Ans. The Fine Organic Industries Limited IPO price band is set between Rs 780 - Rs 783 per Equity Share.
Ans. To apply for Fine Organic Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Fine Organic Industries Limited 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 Fine Organic Industries Limited IPO is Jun 28, 2018.
Ans. The Fine Organic Industries Limited IPO will be listed on Jul 2, 2018.
Ans. Follow the steps to check the Fine Organic Industries Limited IPO allotment status online.
