IPO

NOVATEOR RESEARCH LABORATORIES LIMITED IPO

BSE SME

Offer Date: Aug 30, 2019 - Sep 4, 2019

₹ 288000 /12000 Shares
*Min Investment

30 Aug, 2019

Open Date

04 Sep, 2019

Close Date

10 Sep, 2019

Allotment Date

13 Sep, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 24/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 18,72,000 Equity Shares of Rs 10/- at a price of Rs 24/- per share aggregating to Rs 4.49 Cr
  • Listing at BSE SME
  • Lead Manager First Overseas Capital Limited
  • Registrar Karvy Fintech Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


NOVATEOR RESEARCH LABORATORIES LIMITED IPO is an SME IPO, priced at Rs 24/- 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 Aug 30, 2019 to Sep 4, 2019. The allotment is expected to be finalized on Sep 10, 2019, and the tentative listing date is Sep 13, 2019.


The registrar of the IPO is Karvy Fintech Private Limited, and

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved8,88,0008,88,00017,76,000
Day 1 - 30-08-19
4,92,000 0.55 x12,000 0.01 x5,04,000 0.28 x
Day 2 - 03-09-19
9,00,000 1.01 x96,000 0.11 x9,96,000 0.56 x
Day 3 - 04-09-19
16,02,000 1.8 x5,94,000 0.67 x21,96,000 1.24 x
Day 5 - 03-07-19
N/A xN/A xN/A x
Valuations
Earnings Per Share (EPS) Rs 0.45/-
P/E Ratio 53
RoNW 5.36%
Net Asset Value ( post issue ) Rs 17.73/-
IPO - Issue Objectives
1

Additional Working Capital ( Rs 4.24 Cr )

2

To meet the Issue Expenses ( Rs 0.25 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Novateor Research Laboratories Limited1.35535.36%0.51
  Procter & Gamble Health Limited 9.358.16114.61%849.00