Ahimsa Industries IPO Details

Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Thu, Sep 24, 2015 - Thu, Oct 1, 2015

Ahimsa Industries IPO Logo

Ahimsa Industries IPO is a fixed price issue of ₹3.80 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹3.80 crore.

Ahimsa Industries IPO bidding started from Sep 24, 2015 and ended on Oct 1, 2015. The shares got listed on NSE SME on Oct 15, 2015.

Ahimsa Industries IPO price is ₹25 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹3,00,000.

Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..

Refer to Ahimsa Industries IPO RHP for detailed Information.

IPO Open

Thu, Sep 24, 2015

IPO Close

Thu, Oct 1, 2015

Issue Price

₹25 per share

Market Cap (Pre-IPO)

₹13.68 Cr

IPO Details

IPO Date24 Sep to 1 Oct, 2015
Listed onThu, Oct 15, 2015
Face Value10 per share
Issue Price₹25 per share
Lot Size6,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtNSE SME

Total Issue Size15,18,000 shares
(agg. up to ₹4 Cr)
Reserved for Market Maker
78,000 shares
(agg. up to ₹0.1950 Cr)
Choice Equity Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
14,40,000 shares
(agg. up to ₹4 Cr)
Net Offered to Public14,40,000 shares
(agg. up to ₹4 Cr)
Share Holding Pre Issue39,55,990 shares
Share Holding Post Issue54,73,990 shares
NSE Symbol AHIMSA
ISININE136T01014

IPO Timetable

Issue Reservation

Ahimsa Industries IPO comprises a total issue size of 15,18,000 shares. The net offer to the public is 14,40,000 shares, after excluding 78,000 shares allotted on a firm basis. Of the Net offer 7,20,000 (50.00%) allocated to NII 7,20,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 7,20,00050.00%47.43%
Retail Shares Offered 7,20,00050.00%47.43%
Firm Reservations
Market Maker Shares Offered 78,0005.14%
Total Shares Offered 15,18,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 6,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 6,000 ₹1,50,000
Retail (Max) 1 6,000 ₹1,50,000
HNI (Min) 2 12,000 ₹3,00,000
IPO Subscription Details

About Ahimsa Industries Ltd.

Incorporated in 1996, Ahimsa Industries is an Ahmedabad-based company engaged in the business of merchant exports. The company exports sugar confectionery machinery, moulds & plastic processing machinery.

The company is also involved in PET Preforms manufacturing. PET preforms are produced on World Class - Husky H-PET Injection Molding machines & on brand-new Husky Molds. This results in a smooth finish, flash-free, tailless and uniform wall thickness Preforms with high clarity, dust-free, superior quality and near zero 'A' level.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Working Capital Requirements 3.10
2 General Corporate Purposes 0.25
3 Issue Expenses 0.45

IPO Review

[Dilip Davda]
If we consider negative EPS for FY15 and RONW, this aggressively priced offer may be given a miss.
Read detail review...

Ahimsa Industries IPO Recommendations

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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.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc. 0.40
2 Regulatory fees & Other Expenses 0.05

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price25.00
Open26.00
Low26.00
High26.00
Last Trade26.00

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IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Ahimsa Industries Ltd. Address
102, Iscon Elegance, Near Shapath-5,
Prahalad Nagar Junction,
S.G. Highway
Ahmedabad, Gujarat, 380051
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IPO FAQs

Ahimsa Industries IPO is a SME IPO of 15,18,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.

The IPO opens on Thu, Sep 24, 2015, and closes on Thu, Oct 1, 2015.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Ahimsa Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Ahimsa Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Ahimsa Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Ahimsa Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Ahimsa Industries IPO opens on Thu, Sep 24, 2015 and closes on Thu, Oct 1, 2015.

Ahimsa Industries IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.

You can apply in Ahimsa Industries 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 Ahimsa Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ahimsa Industries IPO allotment status.

The Ahimsa Industries IPO listing date is on Thu, Oct 15, 2015.

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