Northern Spirits Limited IPO
Northern Spirits Limited is a BSE SME IPO is priced at ₹43 per share with an issue size of Fresh issue of 43,02,000 Equity Shares of Rs 10/- at a price of Rs 43/- per share aggregating to Rs 18.50 Cr. The IPO opens on Mar 22, 2019 and closes on Mar 27, 2019, with a lot size of 3000 shares and a minimum investment of ₹1,29,000.
Northern Spirits Limited IPO
- IPO Dates
- Mar 22, 2019 – Mar 27, 2019
- Price band
- ₹43 per equity share
- Minimum Investment
- ₹1,29,000
- Issue size
- Fresh issue of 43,02,000 Equity Shares of Rs 10/- at a price of Rs 43/- per share aggregating to Rs 18.50 Cr
- Lot size
- 3000
- Allotment Date
- Apr 2, 2019
- Listing
- Apr 4, 2019
- Listing At
- BSE SME
IPO timeline
-
Mar 22, 2019
Open Date
Completed
-
Mar 27, 2019
Close Date
Completed
-
Apr 2, 2019
Allotment Date
Completed
-
Apr 4, 2019
Listing Date
Completed
Northern Spirits Limited IPO Essentials
Northern Spirits Limited IPO Details
Northern Spirits Limited IPO is priced at ₹43 per share with a total issue size of Fresh issue of 43,02,000 Equity Shares of Rs 10/- at a price of Rs 43/- per share aggregating to Rs 18.50 Cr. The IPO has a lot size of 3000 shares and will be listed on BSE SME.
- Issue price
- Rs 43/- Per Equity Share
- Lot size
- 3000 shares
- Face value
- Rs 10/- Per Equity Share
- Issue size
- Fresh issue of 43,02,000 Equity Shares of Rs 10/- at a price of Rs 43/- per share aggregating to Rs 18.50 Cr
- Listing at
- BSE SME
- List price
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Finshore Managment Services Limited
Northern Spirits Limited IPO Details
- Retail Portion N/A
Northern Spirits Limited IPO Analytics
Northern Spirits Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Northern Spirits Limited IPO Subscription Status
Northern Spirits Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 20,43,000 | 20,43,000 | 40,86,000 |
|
Day 1 - 22-03-19
|
10,80,000 (0.53) x | 0.04 x | 0.28 x |
|
Day 2 - 25-02-19
|
20,64,000 (1.01) x | 0.14 x | 0.57 x |
|
Day 3 - 26-03-19
|
27,27,000 (1.33) x | 0.38 x | 0.86 x |
|
Day 4 - 27-03-19
|
37,29,000 (1.83) x | 0.78 x | 1.30 x |
Northern Spirits Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 0.63/-
- P/E Ratio
- 68.58
Returns
- RoNW
- 16.30%
Northern Spirits Limited Company & Offer Insights
Northern Spirits Limited IPO Issue Objectives
- •
- To Meet The Working Capital Requirements Of the company. ( Rs 15.65 Cr )
- •
- To Meet the Issue Expanses. ( Rs 1.35 Cr )
- •
- General Corporate Purpose. ( Rs 1.50 Cr )
Northern Spirits Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Roopshri Resorts Limited | 2.71 | 1.94 | 9.33 | 1.83% |
| The Byke Hospitality Limited | 0.76 | 6.46 | 11.77% | 177.41 |
| Aruna Hotel Limited | 2.72 | 0.00 | 3.09% | 0.00 |
| Woodsvilla Limited | 1.08 | 20.96 | 1.83% | 0.94 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Northern Spirits Limited IPO is a Fixed Priced IPO worth ₹Fresh issue of 43,02,000 Equity Shares of Rs 10/- at a price of Rs 43/- per share aggregating to Rs 18.50 Cr. The issue price is ₹43 per share (fixed price). The IPO opens on Mar 22, 2019 and closes on Mar 27, 2019. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of Northern Spirits Limited IPO is ₹43 per share (fixed price).
The lot size of Northern Spirits Limited IPO is 3000 shares.
The minimum investment for Northern Spirits Limited IPO is approximately ₹1,29,000 based on the issue price .
Northern Spirits Limited IPO opens on Mar 22, 2019 and closes on Mar 27, 2019.
The allotment date of Northern Spirits Limited IPO is Apr 2, 2019.
Northern Spirits Limited IPO is expected to be listed on Apr 4, 2019, on BSE SME Platform.
Northern Spirits Limited IPO valuation snapshot: P/E 68.58, EPS Rs 0.63/-, P/B N/A, RoNW 16.30%, and market cap N/A.
To apply for Northern Spirits Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Northern Spirits Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Northern Spirits Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Northern Spirits Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Northern Spirits Limited IPO allotment status on IPO Ji for quick and easy access.