Bookbuilding IPO | ₹49 Cr | Listed at BSE, NSE | Tue, Dec 20, 2005 - Sat, Dec 24, 2005
Bartronics India IPO is a book build issue of ₹48.75 crores. The issue is entirely a fresh issue of 0.65 crore shares of ₹48.75 crore.
Bartronics India IPO bidding started from Dec 20, 2005 and ended on Dec 24, 2005. The shares got listed on NSE and BSE on Jan 12, 2006.
Bartronics India IPO is set final issue price at ₹75 per share.
Karvy Investor Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Bartronics India IPO DRHP for detailed Information.
IPO Open
Tue, Dec 20, 2005
IPO Close
Sat, Dec 24, 2005
Issue Price
₹75 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 20 to 24 Dec, 2005 |
| Listed on | Thu, Jan 12, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹63 to ₹75 |
| Issue Price | ₹75 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 65,00,089 shares (agg. up to ₹49 Cr) |
| Reserved for Private Promoter | 5,00,000 shares (agg. up to ₹4 Cr) |
| Fresh Issue | 60,00,089 shares (agg. up to ₹45 Cr) |
| Net Offered to Public | 60,00,089 shares (agg. up to ₹45 Cr) |
| Share Holding Pre Issue | 80,68,950 shares |
| Share Holding Post Issue | 1,45,69,039 shares |
| BSE Script Code / NSE Symbol | 532694 / ASMS |
| ISIN | INE855F01042 |
Bartronics India IPO comprises a total issue size of 60,00,000 shares. The net offer to the public is 49,00,000 shares, after excluding 5,00,000 shares allotted on a firm basis and 6,00,000 shares under a preferential allotment. Of the Net offer 27,00,000 (50.00%) are allocated to QIB, 8,10,000 (15.00%) allocated to NII 18,90,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 27,00,000 | 50.00% | 45.00% |
| NII (HNI) Shares Offered | 8,10,000 | 15.00% | 13.50% |
| Retail Shares Offered | 18,90,000 | 35.00% | 31.50% |
| Preferential Reservations | |||
| Employee Shares Offered | 6,00,000 | 10.00% | |
| Firm Reservations | |||
| Private Promoter Shares Offered | 5,00,000 | 8.33% | |
| Total Shares Offered | 60,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
Incorporated in 1990, Bartronics India Limited is engaged in providing Automatic Identification and Data Capture (AIDC) solutions, including barcoding, biometrics, and radio frequency identification (RFID) technologies. The company commenced operations with a focus on barcode solutions and has since expanded into a range of AIDC technologies, offering system integration and end-to-end solutions.
The company provides solutions for applications such as inventory management, attendance tracking, and dispatch management. It also offers consulting and implementation services across technologies including barcode, biometrics, RFID, radio frequency data communication (RFDC), and electronic article surveillance (EAS).
Bartronics has diversified into RFID technology, which is used in applications such as electronic article surveillance, container tracking, and vehicle identification systems. The company operates through a network of offices and regional centers across India, including Hyderabad, Chennai, Coimbatore, Bangalore, Delhi, Jamshedpur, and Pune.
As of October 31, 2005, the company had an employee strength of approximately 121 personnel.
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 30.19 | 21.07 | 15.82 |
| Total Income | 12.82 | 18.17 | 12.58 |
| Profit After Tax | 2.68 | 2.40 | 1.35 |
| NET Worth | 20.60 | 10.42 | 7.83 |
| Reserves and Surplus | 12.56 | 6.07 | 3.46 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of R&D Technology Center at Hyderabad | 7.44 |
| 2 | Establishing branches in India and abroad | 4.07 |
| 3 | Branches in India | 3.78 |
| 4 | Meeting the issue expenses | 3.50 |
| 5 | Working Capital Requirement | 4.00 |
| 6 | Marketing Expenses | 1.87 |
| 7 | IDBI Loan Repayment | 4.14 |
| 8 | Acquisitions | 4.50 |
| Total | 33.30 |
| KPI | Mar 31, 2005 |
|---|---|
| RoNW | 25.03% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 58.82% |
The Bartronics India IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 27.45 | 60,00,000 | 16,46,88,570 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers Fees | 0.68 |
| 2 | Registrar to the Issue Fees including mailing expenses | 0.50 |
| 3 | Offer Stationery | 0.75 |
| 4 | Advertising Expenses | 0.45 |
| 5 | Brokerage and Selling Commission | 0.85 |
| 6 | Legal Fees | 0.04 |
| 7 | Other Expenses (incl. Filing Fees, Listing Fees, Depository charges, etc.) | 0.23 |
| Total | 3.50 |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹75.00 | ₹75.00 |
| Open | ₹106.00 | ₹130.00 |
| Low | ₹106.00 | ₹109.25 |
| High | ₹135.00 | ₹135.00 |
| Last Trade | ₹110.75 | ₹110.60 |
Lead Manager Reports
Bartronics India IPO is a main-board IPO of 65,00,089 equity shares of the face value of ₹10 aggregating up to ₹49 Crores. The issue is priced at ₹75 per share. The minimum order quantity is .
The IPO opens on Tue, Dec 20, 2005, and closes on Sat, Dec 24, 2005.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Bartronics India IPO using UPI as a payment gateway. Zerodha customers can apply in Bartronics India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bartronics India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bartronics India IPO opens on Tue, Dec 20, 2005 and closes on Sat, Dec 24, 2005.
Bartronics India IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Bartronics India 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 Bartronics India IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Bartronics India IPO allotment status.
The Bartronics India IPO listing date is on .
