Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Mon, Nov 28, 2016 - Mon, Dec 5, 2016
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Nov 28, 2016
IPO Close
Mon, Dec 5, 2016
Issue Price
₹15 per share
Market Cap (Pre-IPO)
₹21.17 Cr
| IPO Date | 28 Nov to 5 Dec, 2016 |
| Listed on | Mon, Dec 12, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 38,40,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 2,08,000 shares Guiness Securities Ltd. (agg. up to ₹0.3120 Cr) |
| Fresh Issue (Ex Market Maker) | 36,32,000 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 36,32,000 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 1,02,70,500 shares |
| Share Holding Post Issue | 1,41,10,500 shares |
| BSE Script Code | 540205 |
| ISIN | INE679V01019 |
Aditya Vision IPO comprises a total issue size of 38,40,000 shares. The net offer to the public is 36,32,000 shares, after excluding 2,08,000 shares allotted on a firm basis. Of the Net offer 18,16,000 (50.00%) allocated to NII 18,16,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 18,16,000 | 50.00% | 47.29% |
| Retail Shares Offered | 18,16,000 | 50.00% | 47.29% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,08,000 | 5.42% | |
| Total Shares Offered | 38,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| 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”.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements of the Company | 4.82 |
| 2 | General Corporate Expenses | 0.59 |
| 3 | Issue Expenses | 0.35 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and reimbursements of underwriting fees, brokerages, and payment to other intermediaries such as legal advisors, registrar to the issue, peer review auditor etc. and other out of pocket expenses. | 0.29 |
| 2 | Regulatory Fees | 0.02 |
| 3 | Other Expenses (printing, stationery, advertisement, postage etc.) | 0.04 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹15.50 |
| Low | ₹15.00 |
| High | ₹15.99 |
| Last Trade | ₹15.27 |
Lead Manager Reports
Aditya Vision IPO is a SME IPO of 38,40,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on Mon, Nov 28, 2016, and closes on Mon, Dec 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 Mon, Nov 28, 2016 and closes on Mon, Dec 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 Mon, Dec 12, 2016.
