IPO

ICL Multitrading India Limited IPO

NSE SME

Offer Date: Nov 19, 2018 - Dec 3, 2018

₹ 272000 /3200 Shares
*Min Investment

19 Nov, 2018

Open Date

03 Dec, 2018

Close Date

07 Dec, 2018

Allotment Date

11 Dec, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 85/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Offer for Sale of 21,00,800 Equity Shares of Rs 10/- at a price of Rs 85/- per share aggregating to Rs 17.86 Cr
  • Listing at NSE SME
  • Lead Manager Corporate Capital Ventures Private Limited
  • Registrar Bigshare Services Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


ICL Multitrading India Limited IPO is an SME IPO, priced at Rs 85/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Nov 19, 2018 to Dec 3, 2018. The allotment is expected to be finalized on Dec 7, 2018, and the tentative listing date is Dec 11, 2018.


The registrar of the IPO is Bigshare Services Private Limited, and

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IPO Subscription Analysis And Details
Retail
96.00x
Total
2.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved9,96,8009,96,80019,93,600
Day 1 - 19-11-18
1,07,200 0.11 x4,800 0.00 x1,12,000 0.06 x
Day 2 - 20-11-18
1,07,200 0.11 x9,600 0.01 x1,16,800 0.06 x
Day 3 - 21-11-18
1,07,200 0.11 x9,600 0.01 x1,16,800 0.06 x
Day 4 - 22-11-18
1,07,200 0.11 x65,600 0.07 x1,72,800 0.09 x
Day 5 - 26-11-18
1,13,600 0.11 x73,600 0.07 x1,87,200 0.09 x
Day 6 - 27-11-18
1,13,600 0.11 x76,800 0.08 x1,90,400 0.10 x
Day 7 - 28-11-18
1,13,600 0.11 x76,800 0.08 x1,90,400 0.10 x
Day 8 - 29-11-18
1,13,600 0.11 x80,000 0.08 x1,93,600 0.10 x
Day 9 - 30-11-18
1,13,600 0.11 x80,000 0.08 x1,93,600 0.10 x
Day 10 - 03-12-18
1,13,600 0.11 x96,000 0.10 x2,09,600 0.11 x
Valuations
Earnings Per Share (EPS) Rs 4.39/-
P/E Ratio 19.35
RoNW 39.75%
Net Asset Value (NAV post issue) Rs 34.29/-
IPO - Issue Objectives
1

Working Capital requirements. ( Rs 10.50 Cr )

2

Branding Advertising Expenses. ( Rs 2.75 Cr )

3

General corporate purposes. ( Rs 2.61 Cr )

4

Issue Expenses. ( Rs 2.00 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Salebhai Internet Limited5.56NA- (172.01)%0.46
Infibeam Incorporation Limited4.25129.693.27%836.72