Fixed Price IPO | ₹8 Cr | Listed at NSE SME | Fri, Sep 30, 2016 - Thu, Oct 6, 2016
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Fri, Sep 30, 2016
IPO Close
Thu, Oct 6, 2016
Issue Price
₹35 per share
Market Cap (Pre-IPO)
₹28.70 Cr
| IPO Date | 30 Sep to 6 Oct, 2016 |
| Listed on | Mon, Oct 17, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 22,00,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 1,12,000 shares Hem Finlease Pvt.Ltd. (agg. up to ₹0.3920 Cr) |
| Fresh Issue (Ex Market Maker) | 20,88,000 shares (agg. up to ₹7 Cr) |
| Net Offered to Public | 20,88,000 shares (agg. up to ₹7 Cr) |
| Share Holding Pre Issue | 60,00,000 shares |
| Share Holding Post Issue | 82,00,000 shares |
| NSE Symbol | ALCODIS |
| ISIN | INE448V01019 |
Aurangabad Distillery IPO comprises a total issue size of 22,00,000 shares. The net offer to the public is 20,88,000 shares, after excluding 1,12,000 shares allotted on a firm basis. Of the Net offer 10,44,000 (50.00%) allocated to NII 10,44,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,44,000 | 50.00% | 47.45% |
| Retail Shares Offered | 10,44,000 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,12,000 | 5.09% | |
| Total Shares Offered | 22,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| 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 |
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.
| 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 | Repayment/prepayment of secured and unsecured loan | 5.90 |
| 2 | Public Issue Expenses | 0.40 |
| 3 | General Corporate Purposes | 1.40 |
| KPI | |
|---|---|
| RoNW | 37.6% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 73.17% |
| Market Cap | ₹28.70 Cr. |
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 underwriting and selling other intermediaries such as Legal Advisors, Registrars, etc | 0.33 |
| 2 | Printing and Stationery and postage expenses | 0.02 |
| 3 | Advertising and Marketing expenses | 0.02 |
| 4 | Statutory expenses | 0.03 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹42.00 |
| Low | ₹42.00 |
| High | ₹42.00 |
| Last Trade | ₹42.00 |
Lead Manager Reports
Aurangabad Distillery IPO is a SME IPO of 22,00,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The IPO opens on Fri, Sep 30, 2016, and closes on Thu, Oct 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 Fri, Sep 30, 2016 and closes on Thu, Oct 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 Mon, Oct 17, 2016.
