Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Thu, Jun 26, 2014 - Mon, Jun 30, 2014
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Jun 26, 2014
IPO Close
Mon, Jun 30, 2014
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹6.59 Cr
| IPO Date | 26 to 30 Jun, 2014 |
| Listed on | Mon, Jul 14, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 6,80,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 36,000 shares Hem Securities Ltd. (agg. up to ₹0.1080 Cr) |
| Fresh Issue (Ex Market Maker) | 6,44,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 6,44,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 15,17,200 shares |
| Share Holding Post Issue | 21,97,200 shares |
| BSE Script Code | 538546 |
| ISIN | INE319Q01012 |
Bansal Roofing Products IPO comprises a total issue size of 6,80,000 shares. The net offer to the public is 6,44,000 shares, after excluding 36,000 shares allotted on a firm basis. Of the Net offer 3,22,000 (50.00%) allocated to NII 3,22,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 3,22,000 | 50.00% | 47.35% |
| Retail Shares Offered | 3,22,000 | 50.00% | 47.35% |
| Firm Reservations | |||
| Market Maker Shares Offered | 36,000 | 5.29% | |
| Total Shares Offered | 6,80,000 | 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 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
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.
| 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 | To meet Long Term Working Capital Requirement | 1.54 |
| 2 | General Corporate Purposes | 0.10 |
| KPI | |
|---|---|
| RoNW | 39.81% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 97.34% | 67.22% |
| Market Cap | ₹6.59 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 commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses | 0.32 |
| 2 | Printing and Stationery and postage expenses | 0.03 |
| 3 | Advertising and Marketing expense | 0.02 |
| 4 | Regulatory fees and expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹31.00 |
| Low | ₹30.00 |
| High | ₹32.00 |
| Last Trade | ₹30.50 |
Lead Manager Reports
Bansal Roofing Products IPO is a SME IPO of 6,80,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Thu, Jun 26, 2014, and closes on Mon, Jun 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 Thu, Jun 26, 2014 and closes on Mon, Jun 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 Mon, Jul 14, 2014.
