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Bansal Roofing Products IPO is a fixed price issue of ₹2.04 crores. The issue is entirely a fresh issue of 0.07 crore shares of ₹2.04 crore.
Bansal Roofing Products IPO bidding started from Jun 26, 2014 and ended on Jun 30, 2014. The shares got listed on BSE SME on Jul 14, 2014.
Bansal Roofing Products IPO price is ₹30.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Hem Securities Ltd. is the book running lead manager and Sharex Dynamic (India) Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Securities Ltd..
Refer to Bansal Roofing Products IPO RHP for detailed Information.
| IPO Date | June 26, 2014 to June 30, 2014 |
| Listing Date | July 14, 2014 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 6,80,000 shares (aggregating up to ₹2.04 Cr) |
| Reserved for Market Maker | 36,000 shares Hem Securities Ltd. (aggregating up to ₹0.1080 Cr) |
| Net Offered to Public | 6,44,000 shares (aggregating up to ₹1.93 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 15,17,200 shares |
| Share Holding Post Issue | 21,97,200 shares |
Bansal Roofing Products IPO offers total 6,80,000 shares. Out of which 3,22,000 (47.35%) allocated to NII, 3,22,000 (47.35%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 36,000 (5.29%) |
| NII (HNI) Shares Offered | 3,22,000 (47.35%) |
| Retail Shares Offered | 3,22,000 (47.35%) |
| Total Shares Offered | 6,80,000 (100.00%) |
Bansal Roofing Products IPO opens on June 26, 2014, and closes on June 30, 2014.
| IPO Open Date | Thu, Jun 26, 2014 |
| IPO Close Date | Mon, Jun 30, 2014 |
| Tentative Listing Date | Mon, Jul 14, 2014 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jun 30, 2014 |
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 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2008, Bansal Roofing Products Ltd (BRPL) is engaged in manufacturing of roofing sheets and roofing accessories such as Colour Coated Roof Sheets, FRP Roof Sheets, Polycarbonate Sheets. They also manufacture Eco Ventilators and other miscellaneous Roofing Accessories and provide all roofing solutions to customers, under one roof.
Company's products includes accessories like NLC, Ridge Cap, Barge Board, Water Channel, Drain Pipe etc. The products manufactured by the Company are made on automatic and semi automatic Roll forming machine, Crimping Machine, Shearing Machine and folding machine.
| KPI | Values |
|---|---|
| RoNW | 39.81% |
The Company Bansal Roofing Products 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 | To meet Long Term Working Capital Requirement | 1.54 |
| 2 | General Corporate Purposes | 0.10 |
| 3 | Public Issue Expenses | 0.40 |
[Dilip Davda] <p style="margin: 0in 0in 0pt; text-align: justify;"><strong><span style="font-family: Calibri; font-size: medium;">Avoid this issue that also has entry barrier.</span></strong></p> Read detail review...
| Listing Date | July 14, 2014 |
| BSE Script Code | 538546 |
| NSE Symbol | |
| ISIN | INE319Q01012 |
| Final Issue Price | ₹30 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹31.00 |
| Low | ₹30.00 |
| High | ₹32.00 |
| Last Trade | ₹30.50 |
Bansal Roofing Products Ltd.
3/2, Labdhi Industrial Estate,
Acid Mill Compound, Ranmukteshwar Road,
Pratapnagar, Vadodara – 390004, Gujarat
Vadodara, Gujarat
Phone: +91-265-2580178
Email: cs@bansalroofing.com
Website: http://www.bansalroofing.com
Sharex Dynamic (India) Pvt.Ltd.
Phone: +91- 22 - 2851 5606
Email: info@sharexindia.com
Website:
Bansal Roofing Products IPO is a SME IPO of 6,80,000 equity shares of the face value of ₹10 aggregating up to ₹2.04 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on June 26, 2014, and closes on June 30, 2014.
Sharex Dynamic (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Bansal Roofing Products IPO using UPI as a payment gateway. Zerodha customers can apply in Bansal Roofing Products IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bansal Roofing Products IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bansal Roofing Products IPO opens on June 26, 2014 and closes on June 30, 2014.
Bansal Roofing Products IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Bansal Roofing Products 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 Bansal Roofing Products IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bansal Roofing Products IPO allotment status.
The Bansal Roofing Products IPO listing date is on Monday, July 14, 2014.
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