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Aurangabad Distillery IPO is a fixed price issue of ₹7.70 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹7.70 crore.
Aurangabad Distillery IPO bidding started from Sep 30, 2016 and ended on Oct 6, 2016. The shares got listed on NSE SME on Oct 17, 2016.
Aurangabad Distillery IPO price is ₹35.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,80,000.
Hem Securities 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 Hem Finlease Pvt.Ltd..
Refer to Aurangabad Distillery IPO RHP for detailed Information.
| IPO Date | September 30, 2016 to October 6, 2016 |
| Listing Date | October 17, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 22,00,000 shares (aggregating up to ₹7.70 Cr) |
| Reserved for Market Maker | 1,12,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹0.3920 Cr) |
| Net Offered to Public | 20,88,000 shares (aggregating up to ₹7.31 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 60,00,000 shares |
| Share Holding Post Issue | 82,00,000 shares |
Aurangabad Distillery IPO offers total 22,00,000 shares. Out of which 10,44,000 (47.45%) allocated to NII, 10,44,000 (47.45%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,12,000 (5.09%) |
| NII (HNI) Shares Offered | 10,44,000 (47.45%) |
| Retail Shares Offered | 10,44,000 (47.45%) |
| Total Shares Offered | 22,00,000 (100.00%) |
Aurangabad Distillery IPO opens on September 30, 2016, and closes on October 6, 2016.
| IPO Open Date | Fri, Sep 30, 2016 |
| IPO Close Date | Thu, Oct 6, 2016 |
| Tentative Listing Date | Mon, Oct 17, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Oct 6, 2016 |
Investors can bid for a minimum of 4,000 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 | 4,000 | ₹1,40,000 |
| Retail (Max) | 1 | 4,000 | ₹1,40,000 |
| HNI (Min) | 2 | 8,000 | ₹2,80,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2000, Aurangabad Distillery Limited (ADL) is engaged in the business of manufacturing and selling rectified spirit, denatured spirit, and extra-neutral alcohol. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.They also offer extra neutral alcohol, absolute alcohol, or fuel alcohol from molasses.
The manufacturing process of Rectified Spirit, Denatured Spirit and Extra Neutral Alcohol is based on the modern technology of Continuous Fermentation and multi pressure vacuum distillation and molasses from sugar factory is used as raw material for manufacture of Spirit. Visit chittorgarh.com for more detail.Company also sells carbon dioxide (CO2) and fusel oil which are produced as by-products during distillation process of Spirit. Additionally their company produces electricity through turbine which is captive consumed in distillation process and reduces the dependency on purchased electricity. The majority of the spirit which contains 95% alcohol by nature and also used to manufacture alcohol by the process of rectification is used by chemical and pharmaceutical industries.
The Company Aurangabad Distillery 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 | Repayment/prepayment of secured and unsecured loan | 5.90 |
| 2 | Public Issue Expenses | 0.40 |
| 3 | General Corporate Purposes | 1.40 |
[Dilip Davda] Investors may consider this IPO for medium to long term investment. Read detail review...
| Listing Date | October 17, 2016 |
| BSE Script Code | |
| NSE Symbol | AURDIS |
| ISIN | INE448V01019 |
| Final Issue Price | ₹35 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹42.00 |
| Low | ₹42.00 |
| High | ₹42.00 |
| Last Trade | ₹42.00 |
Aurangabad Distillery Ltd.
560 Preeti Apartment,
1st Floor, 18th Road,
Khar West, Mumbai - 400052
Mumbai, Maharashtra
Email: info@aurangabaddistillery.com
Website: http://www.aurangabaddistillery.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Aurangabad Distillery IPO is a SME IPO of 22,00,000 equity shares of the face value of ₹10 aggregating up to ₹7.70 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The IPO opens on September 30, 2016, and closes on October 6, 2016.
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 Aurangabad Distillery IPO using UPI as a payment gateway. Zerodha customers can apply in Aurangabad Distillery IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aurangabad Distillery IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aurangabad Distillery IPO opens on September 30, 2016 and closes on October 6, 2016.
Aurangabad Distillery IPO lot size is 4000, and the minimum amount required for application is ₹1,40,000.
You can apply in Aurangabad Distillery 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 Aurangabad Distillery IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Aurangabad Distillery IPO allotment status.
The Aurangabad Distillery IPO listing date is on Monday, October 17, 2016.
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