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BCB Finance IPO is a fixed price issue of ₹8.85 crores. The issue is entirely a fresh issue of 0.35 crore shares of ₹8.85 crore.
BCB Finance IPO bidding started from Feb 23, 2012 and ended on Feb 27, 2012. The shares got listed on BSE SME on Mar 13, 2012.
BCB Finance IPO price is ₹25.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (4000 shares). The minimum lot size investment for HNI is 3 lots (12,000 shares), amounting to ₹3,00,000.
Aryaman Financial 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 is IKAB Securities & Investment Ltd..
Refer to BCB Finance IPO RHP for detailed Information.
| IPO Date | February 23, 2012 to February 27, 2012 |
| Listing Date | March 13, 2012 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹25 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 35,40,000 shares (aggregating up to ₹8.85 Cr) |
| Reserved for Market Maker | 6,40,000 shares IKAB Securities & Investment Ltd. (aggregating up to ₹1.60 Cr) |
| Net Offered to Public | 29,00,000 shares (aggregating up to ₹7.25 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 79,62,585 shares |
| Share Holding Post Issue | 1,15,02,585 shares |
BCB Finance IPO offers total 35,40,000 shares. Out of which 14,50,000 (40.96%) allocated to NII, 14,50,000 (40.96%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 6,40,000 (18.08%) |
| NII (HNI) Shares Offered | 14,50,000 (40.96%) |
| Retail Shares Offered | 14,50,000 (40.96%) |
| Total Shares Offered | 35,40,000 (100.00%) |
BCB Finance IPO opens on February 23, 2012, and closes on February 27, 2012.
| IPO Open Date | Thu, Feb 23, 2012 |
| IPO Close Date | Mon, Feb 27, 2012 |
| Tentative Listing Date | Tue, Mar 13, 2012 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Feb 27, 2012 |
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 | ₹1,00,000 |
| Retail (Max) | 2 | 8,000 | ₹2,00,000 |
| HNI (Min) | 3 | 12,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2005, BCB Finance Ltd is engaged in the business of advancing loans and investing/trading in securities. BCB Finance provides its shareholders to participate in a diverse portfolio of investments and gain access to a defined investment process and the investment experience of the management team.
Company operate as a Non Deposit taking Non-systemically Important Non Banking Finance Company. BCB Finance offer a variety of products and services which includes:
1. Loan against securities where in customers seeking for loan can pledge the share that they hold in dematerialized or physical form against the loan taken. Once the loan is repaid, the pledged securities are released.
2. IPO funding to investors who wish to apply / subscribe in an IPO by granting them loan against shares they to be allotted to them in the IPO.
3. Unsecured loans/ bridge loans to various clients.
Please Note: This Issue is being made in terms of Regulation 106(M)(2) of Chapter XB of SEBI (ICDR) Regulations, 2009, as amended from time to time, whereby, an issuer whose post issue paid up capital is more than 10 crores and upto 25 crores, may issue shares to the public and propose to list the same on the Small and Medium Enterprise Exchange (“SME Exchange”, in this case being the SME Platform of BSE).
| KPI | Values |
|---|---|
| RoNW | 2.06% |
The Company BCB Finance 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 augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities | 7.50 |
| 2 | To Meet the Issue Expenses | 0.70 |
| 3 | To Meet General Corporate Expenses | 0.65 |
| Listing Date | March 13, 2012 |
| BSE Script Code | 534109 |
| NSE Symbol | |
| ISIN | INE883L01018 |
| Final Issue Price | ₹25 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹27.00 |
| Low | ₹25.70 |
| High | ₹27.00 |
| Last Trade | ₹25.70 |
BCB Finance Ltd.
1204, P. J Towers,
Dalal Street,
Mumbai - 400001, Maharashtra
Mumbai, Maharashtra
Phone: 91-22-22722414
Email: manish@bcbfinance.com
Website: http://www.bcbfinance.com
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query
BCB Finance IPO is a SME IPO of 35,40,000 equity shares of the face value of ₹10 aggregating up to ₹8.85 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 4000.
The IPO opens on February 23, 2012, and closes on February 27, 2012.
Purva Sharegistry (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 BCB Finance IPO using UPI as a payment gateway. Zerodha customers can apply in BCB Finance IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in BCB Finance IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The BCB Finance IPO opens on February 23, 2012 and closes on February 27, 2012.
BCB Finance IPO lot size is 4000, and the minimum amount required for application is ₹1,00,000.
You can apply in BCB Finance 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 BCB Finance IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the BCB Finance IPO allotment status.
The BCB Finance IPO listing date is on Tuesday, March 13, 2012.
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