Fixed Price IPO | ₹20 Cr | Listed at NSE SME | Fri, Sep 28, 2018 - Fri, Oct 5, 2018
B&B Triplewall Containers IPO is a fixed price issue of ₹19.99 crores. The issue is entirely a fresh issue of 0.56 crore shares of ₹19.99 crore.
B&B Triplewall Containers IPO bidding started from Sep 28, 2018 and ended on Oct 5, 2018. The shares got listed on NSE SME on Oct 15, 2018.
B&B Triplewall Containers IPO price is ₹36 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,16,000.
Gretex Corporate Services Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company areMoneylicious Securities Pvt.Ltd., NNM Securities Pvt.Ltd..
Refer to B&B Triplewall Containers IPO RHP for detailed Information.
IPO Open
Fri, Sep 28, 2018
IPO Close
Fri, Oct 5, 2018
Issue Price
₹36 per share
Market Cap (Pre-IPO)
₹73.84 Cr
| IPO Date | 28 Sep to 5 Oct, 2018 |
| Listed on | Mon, Oct 15, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹36 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 55,53,000 shares (agg. up to ₹20 Cr) |
| Reserved for Market Maker | 2,79,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹1 Cr) Moneylicious Securities Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 52,74,000 shares (agg. up to ₹19 Cr) |
| Net Offered to Public | 52,74,000 shares (agg. up to ₹19 Cr) |
| Share Holding Pre Issue | 1,49,58,240 shares |
| Share Holding Post Issue | 2,05,11,240 shares |
| NSE Symbol | BBTCL |
| ISIN | INE01EE01011 |
B&B Triplewall Containers IPO comprises a total issue size of 55,53,000 shares. The net offer to the public is 52,74,000 shares, after excluding 2,79,000 shares allotted on a firm basis. Of the Net offer 26,37,000 (50.00%) allocated to NII 26,37,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 26,37,000 | 50.00% | 47.49% |
| Retail Shares Offered | 26,37,000 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,79,000 | 5.02% | |
| Total Shares Offered | 55,53,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,08,000 |
| Retail (Max) | 1 | 3,000 | ₹1,08,000 |
| HNI (Min) | 2 | 6,000 | ₹2,16,000 |
Incorporated in 2011, Bengaluru based B&B Triplewall Containers Limited is a company engaged in the business of manufacturing corrugated boxes and corrugated sheets.
It mainly caters to the packaging industry and has various packaging companies and MNC's as its clients. The company operates in domestic markets with its products being supplied on a PAN India basis.
The company's manufacturing facilities are situated at Bangalore and Tamil Nadu. Divided into 2 units, the fully automated units are engaged in the manufacturing of corrugated sheets and boxes.
From FY 2013-14 to FY 2017-18-
1. The total revenue of the company has grown from Rs 3,162.48 Lakh to Rs 16,697.19 Lakh, at a CAGR of 39.48%
2. The EBITDA has grown from Rs 344.42 Lakh to Rs 1,826.14 Lakh, at a CAGR of 39.60%
3. The PAT grew from Rs 67.23 Lakh to a profit of Rs 457.01 Lakh at a CAGR of
46.71%.
The company has 172 employees on the payroll.
| 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 | Funding of Working Capital Requirement | 6.00 |
| 2 | Repayment of Intercorporate Loans | 8.30 |
| 3 | General Corporate Purpose | 4.00 |
The B&B Triplewall IPO is subscribed 1.09 times on October 5, 2018 5:00:00 PM (Day 5). The public issue subscribed 0.28 times in the retail category, [.] times in the QIB category, and 1.88 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.88 | 26,37,000 | 49,59,000 |
| Retail | 0.28 | 26,37,000 | 7,26,000 |
| Total | 1.09 | 52,74,000 | 57,57,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fee and reimbursement of payment to other intermediaries such as Listing, Depository Fees, Legal Advisors, Statutory, Registrars, Marketing & Advertisement, Printing & Distribution, Selling Commission & Brokerage, other Miscellaneous expense, Market Making Fees (1 year) and out of pocket expenses etc | 1.69 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹36.00 |
| Open | ₹37.80 |
| Low | ₹36.20 |
| High | ₹39.50 |
| Last Trade | ₹39.50 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
B&B Triplewall Containers IPO is a SME IPO of 55,53,000 equity shares of the face value of ₹10 aggregating up to ₹20 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000.
The IPO opens on Fri, Sep 28, 2018, and closes on Fri, Oct 5, 2018.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in B&B Triplewall Containers IPO using UPI as a payment gateway. Zerodha customers can apply in B&B Triplewall Containers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in B&B Triplewall Containers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The B&B Triplewall Containers IPO opens on Fri, Sep 28, 2018 and closes on Fri, Oct 5, 2018.
B&B Triplewall Containers IPO lot size is 3000, and the minimum amount required for application is ₹1,08,000.
You can apply in B&B Triplewall Containers 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 B&B Triplewall Containers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the B&B Triplewall Containers IPO allotment status.
The B&B Triplewall Containers IPO listing date is on Mon, Oct 15, 2018.
