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20 Microns IPO is a book build issue of ₹23.93 crores. The issue is a combination of fresh issue of 0.17 crore shares aggregating to ₹9.22 crores and offer for sale of 0.27 crore shares aggregating to ₹14.72 crores.
20 Microns IPO bidding started from Sep 8, 2008 and ended on Sep 11, 2008. The shares got listed on BSE, NSE on Sep 6, 2008.
20 Microns IPO price band is set at ₹55.00 per share . The lot size for an application is 100. The minimum amount of investment required by an retail is ₹5,000 (100 shares). The lot size investment for sNII is 37 lots (3,700 shares), amounting to ₹2,03,500, and for bNII, it is 182 lots (18,200 shares), amounting to ₹10,01,000.
The issue includes a reservation of up to 2,17,532 shares for employees offered at a discount of ₹0.00 to the issue price.
Keynote Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to 20 Microns IPO RHP for detailed Information.
| IPO Date | September 8, 2008 to September 11, 2008 |
| Listing Date | September 6, 2008 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹50 to ₹55 per share |
| Issue Price Final | ₹55 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 43,51,251 shares (aggregating up to ₹23.93 Cr) |
| Fresh Issue | 16,75,619 shares (aggregating up to ₹9.22 Cr) |
| Offer for Sale | 26,75,632 shares of ₹10 (aggregating up to ₹14.72 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,24,44,800 shares |
| Share Holding Post Issue | 1,41,19,800 shares |
20 Microns IPO offers total 43,50,632 shares. Out of which 20,66,550 (47.50%) allocated to QIB, 6,19,965 (14.25%) allocated to NII, 14,46,585 (33.25%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 20,66,550 (47.50%) | NA |
| NII (HNI) Shares Offered | 6,19,965 (14.25%) | NA |
| Retail Shares Offered | 14,46,585 (33.25%) | 14,465 |
| Employee Shares Offered | 2,17,532 (5.00%) | NA |
| Total Shares Offered | 43,50,632 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
20 Microns IPO opens on September 8, 2008, and closes on September 11, 2008.
| IPO Open Date | Mon, Sep 8, 2008 |
| IPO Close Date | Thu, Sep 11, 2008 |
| Tentative Listing Date | Sat, Sep 6, 2008 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Sep 11, 2008 |
Investors can bid for a minimum of 100 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹5,500 |
| Retail (Max) | 36 | 3,600 | ₹1,98,000 |
| S-HNI (Min) | 37 | 3,700 | ₹2,03,500 |
| S-HNI (Max) | 181 | 18,100 | ₹9,95,500 |
| B-HNI (Min) | 182 | 18,200 | ₹10,01,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1987, 20 Microns Limited is India's largest manufacturer of White minerals with an annual output of over 180000 tons from plants spanning four different regions of India.
20 Microns Limited supplies the entire world with innovative products in the fields of Functional Filler and Extenders. The main fields of application for 20 MICRONS's products can be found, for instance, in Paints, Coatings and Printing Ink , Plastics, Paper, Ceramic, Rubber, Adhesives and Sealants. 20 MICRONS also manufactures specialised products for the Cosmetics, Cement and Concrete, Household Products, Detergent, Textile industries.
20 Microns Limited is an ISO 9001:2000 certified Company. Company's operations are divided into five geographical regions West, South, North, East and International. Each regional division has its own production, commercial distribution and technical facilities. 20 Microns Limited available in Chalk, Calcite, Marble and Dolomite. Chalk is formed by shells of NANOFOSSILS. This is fine microcrystalline material. Chalk quarries are located at Gujarat, India. 20ML marketing and other activities are mainly operating through two major segments in Minerals namely VAD (Value Added Products) and C&C (Commodity and Consumers). The segments are mainly to have a focus on the specific market. Both the segments have separate marketing teams to take care of the customer’s requirements.
| Particulars | For the year/period ended (Rs. in Lacs) | ||||
| 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | |
| Total Income | 10792.51 | 8784.07 | 6786.78 | 5693.57 | 5210.85 |
| Profit After Tax (PAT) | 459.08 | 357.22 | 180.10 | (631.25) | (531.16) |
| KPI | Values |
|---|---|
| RoNW | 16% |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. To augment the resources for the current ongoing expansion of its manufacturing capacity at various locations and invest in the sub micron particle sizes required by end market;
2. To enable listing the Equity Shares of Company on the Stock Exchanges;
3. General Corporate Purposes.
| Listing Date | September 6, 2008 |
| BSE Script Code | 533022 |
| NSE Symbol | 20MICRONS |
| ISIN | INE144J01027 |
| Final Issue Price | ₹55 per share |
| BSE Listing Group | B |
20 Microns Ltd.
20 Microns Limited,
9/10, GIDC Industrial Estate,
Waghodia – 391760, Vadodara, Gujarat.
Vadodara, Gujarat
Phone: + 91-2668-262001
Email: co_secretary@20microns.com
Website: http://www.20microns.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: 20microns.ipo@intimespectrum.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
20 Microns IPO is a main-board IPO of 43,51,251 equity shares of the face value of ₹10 aggregating up to ₹23.93 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 100.
The IPO opens on September 8, 2008, and closes on September 11, 2008.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in 20 Microns IPO using UPI as a payment gateway. Zerodha customers can apply in 20 Microns IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in 20 Microns IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The 20 Microns IPO opens on September 8, 2008 and closes on September 11, 2008.
20 Microns IPO lot size is 100, and the minimum amount required for application is ₹5,500.
You can apply in 20 Microns IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for 20 Microns IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the 20 Microns IPO allotment status.
The 20 Microns IPO listing date is on Saturday, September 6, 2008.
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