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Aditya Vision IPO is a fixed price issue of ₹5.76 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹5.76 crore.
Aditya Vision IPO bidding started from Nov 28, 2016 and ended on Dec 5, 2016. The shares got listed on BSE SME on Dec 12, 2016.
Aditya Vision IPO price is ₹15.00 per share . The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (8000 shares). The minimum lot size investment for HNI is 2 lots (16,000 shares), amounting to ₹2,40,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Aditya Vision IPO RHP for detailed Information.
| IPO Date | November 28, 2016 to December 5, 2016 |
| Listing Date | December 12, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 38,40,000 shares (aggregating up to ₹5.76 Cr) |
| Reserved for Market Maker | 2,08,000 shares Guiness Securities Ltd. (aggregating up to ₹0.3120 Cr) |
| Net Offered to Public | 36,32,000 shares (aggregating up to ₹5.45 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,02,70,500 shares |
| Share Holding Post Issue | 1,41,10,500 shares |
Aditya Vision IPO offers total 38,40,000 shares. Out of which 18,16,000 (47.29%) allocated to NII, 18,16,000 (47.29%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,08,000 (5.42%) |
| NII (HNI) Shares Offered | 18,16,000 (47.29%) |
| Retail Shares Offered | 18,16,000 (47.29%) |
| Total Shares Offered | 38,40,000 (100.00%) |
Aditya Vision IPO opens on November 28, 2016, and closes on December 5, 2016.
| IPO Open Date | Mon, Nov 28, 2016 |
| IPO Close Date | Mon, Dec 5, 2016 |
| Tentative Listing Date | Mon, Dec 12, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 5, 2016 |
Investors can bid for a minimum of 8,000 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 | 8,000 | ₹1,20,000 |
| Retail (Max) | 1 | 8,000 | ₹1,20,000 |
| HNI (Min) | 2 | 16,000 | ₹2,40,000 |
Incorporated in 1999, Aditya Vision Ltd (AVL) is engaged into retail business of consumer electronics, home appliances, camera, cam recorders, and mobile phones. AVL is a multi-brand, multi-product retail chain which stocks an entire range of consumer durables, right from Air conditioners, TVs, Washing Machines, Refrigerators, Microwaves, Home Theatre Systems, Mobile Phones, small home appliances and many more.
They offers some of the popular brands such as LG, Samsung, Sony, Daikin, Videocon, Panasonic, Onida, Nikon etc. Having started its business with a small store in Patna, Bihar, now it has evolved into one of Patna’s leading chain of consumer durables and electronic goods stores. At present it has 19 stores/outlets across Bihar, India under the brand name of “Aditya Vision”.
The Company Aditya Vision IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To meet the working capital requirements of the Company | 4.82 |
| 2 | General Corporate Expenses | 0.59 |
| 3 | Issue Expenses | 0.35 |
[Dilip Davda] Cash surplus investors may park funds for long term. Read detail review...
| Listing Date | December 12, 2016 |
| BSE Script Code | 540205 |
| NSE Symbol | |
| ISIN | INE679V01019 |
| Final Issue Price | ₹15 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹15.50 |
| Low | ₹15.00 |
| High | ₹15.99 |
| Last Trade | ₹15.27 |
Aditya Vision Ltd.
M-15, S. K. Nagar,
Main Road, Patna 800001
Patna, Bihar
Phone: +91-612-2520874
Email: cs@adityavision.in
Website: http://www.adityavision.in
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email:
Website: https://ipo.cameoindia.com/
Aditya Vision IPO is a SME IPO of 38,40,000 equity shares of the face value of ₹10 aggregating up to ₹5.76 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on November 28, 2016, and closes on December 5, 2016.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Aditya Vision IPO using UPI as a payment gateway. Zerodha customers can apply in Aditya Vision IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aditya Vision IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aditya Vision IPO opens on November 28, 2016 and closes on December 5, 2016.
Aditya Vision IPO lot size is 8000, and the minimum amount required for application is ₹1,20,000.
You can apply in Aditya Vision 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 Aditya Vision IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Aditya Vision IPO allotment status.
The Aditya Vision IPO listing date is on Monday, December 12, 2016.
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