Fixed Price IPO | ₹42 Cr | Listed at BSE SME | Mon, Jul 20, 2015 - Wed, Jul 22, 2015
Amrapali Fincap IPO is a fixed price issue of ₹42.48 crores. The issue is entirely a fresh issue of 0.35 crore shares of ₹42.48 crore.
Amrapali Fincap IPO bidding started from Jul 20, 2015 and ended on Jul 22, 2015. The shares got listed on BSE SME on Aug 5, 2015.
Amrapali Fincap IPO price is ₹120 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,44,000 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,88,000.
Corporate Strategic Allianz Ltd. is the book running lead manager and Satellite Corporate Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Khajanchi & Gandhi Stock Broking Pvt.Ltd..
Refer to Amrapali Fincap IPO RHP for detailed Information.
IPO Open
Mon, Jul 20, 2015
IPO Close
Wed, Jul 22, 2015
Issue Price
₹120 per share
Market Cap (Pre-IPO)
₹161.28 Cr
| IPO Date | 20 to 22 Jul, 2015 |
| Listed on | Wed, Aug 5, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹120 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 35,40,000 shares (agg. up to ₹42 Cr) |
| Reserved for Market Maker | 1,77,600 shares Khajanchi & Gandhi Stock Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 33,62,400 shares (agg. up to ₹40 Cr) |
| Net Offered to Public | 33,62,400 shares (agg. up to ₹40 Cr) |
| Share Holding Pre Issue | 99,00,000 shares |
| Share Holding Post Issue | 1,34,40,000 shares |
| BSE Script Code | 539265 |
| ISIN | INE990S01016 |
Amrapali Fincap IPO comprises a total issue size of 35,40,000 shares. The net offer to the public is 33,62,400 shares, after excluding 1,77,600 shares allotted on a firm basis. Of the Net offer 16,81,200 (50.00%) allocated to NII 16,81,200 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 16,81,200 | 50.00% | 47.49% |
| Retail Shares Offered | 16,81,200 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,77,600 | 5.02% | |
| Total Shares Offered | 35,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,44,000 |
| Retail (Max) | 1 | 1,200 | ₹1,44,000 |
| HNI (Min) | 2 | 2,400 | ₹2,88,000 |
Incorporated in 2010, Amrapali Fincap Ltd (AFL) is engaged in the business of providing loan and advances and in to the business of trading in commodity and Shares. Mainly they are trading in shares of listed entities, silver, gold and agriculture products.
AFL provides unsecured short term loans to their customers. Majority of the loan and advances are provided to parties which are related to the promoter or associate concern of promoters. They provide these loans to select customers and conduct credit checks for these loans as they are unsecured. They are also in the business of trading in commodity and Shares. The majority turnover is from trading in shares.
They also provides operational and marketing services at Naginwadi, Kankaria Ahmedabad with promoter company for the operational and other services for supply, construction, installation and commissioning of an ultra fast action, musical dancing fountain, laser projection system and four number of floating fountains, water screen at kankaria, Maninagar, Ahmadabad.
| 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 | Purchase and set up of the office space in Ahmedabad | 14.96 |
| 2 | Investment in NBFC company | 23.00 |
| 3 | General corporate purpose | 4.12 |
| 4 | Meet the issue expenses | 0.40 |
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 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses | 0.21 |
| 2 | Printing and distribution of issue stationery | 0.03 |
| 3 | Advertising and marketing expenses | 0.03 |
| 4 | Regulatory fees and expenses | 0.03 |
| 5 | Other Expenses | 0.10 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹120.00 |
| Open | ₹122.30 |
| Low | ₹120.10 |
| High | ₹122.30 |
| Last Trade | ₹121.00 |
Satellite Corporate Services Pvt.Ltd.
Lead Manager Reports
Amrapali Fincap IPO is a SME IPO of 35,40,000 equity shares of the face value of ₹10 aggregating up to ₹42 Crores. The issue is priced at ₹120 per share. The minimum order quantity is 1200.
The IPO opens on Mon, Jul 20, 2015, and closes on Wed, Jul 22, 2015.
Satellite Corporate Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Amrapali Fincap IPO using UPI as a payment gateway. Zerodha customers can apply in Amrapali Fincap IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Amrapali Fincap IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Amrapali Fincap IPO opens on Mon, Jul 20, 2015 and closes on Wed, Jul 22, 2015.
Amrapali Fincap IPO lot size is 1200, and the minimum amount required for application is ₹1,44,000.
You can apply in Amrapali Fincap 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 Amrapali Fincap IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Amrapali Fincap IPO allotment status.
The Amrapali Fincap IPO listing date is on Wed, Aug 5, 2015.
