Fixed Price IPO | ₹17 Cr | Listed at BSE SME | Fri, Oct 5, 2018 - Fri, Oct 19, 2018
BCPL Railway Infrastructure IPO is a fixed price issue of ₹17.01 crores. The issue is a combination of fresh issue of 0.42 crore shares aggregating to ₹14.70 crores and offer for sale of 0.07 crore shares aggregating to ₹2.31 crores.
BCPL Railway Infrastructure IPO bidding started from Oct 5, 2018 and ended on Oct 19, 2018. The shares got listed on BSE SME on Oct 29, 2018.
BCPL Railway Infrastructure IPO price is ₹35 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,80,000.
Gretex Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company areGretex Share Broking Pvt.Ltd., NNM Securities Pvt.Ltd..
Refer to BCPL Railway Infrastructure IPO RHP for detailed Information.
IPO Open
Fri, Oct 5, 2018
IPO Close
Fri, Oct 19, 2018
Issue Price
₹35 per share
Market Cap (Pre-IPO)
₹58.53 Cr
| IPO Date | 5 to 19 Oct, 2018 |
| Listed on | Mon, Oct 29, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 48,60,000 shares (agg. up to ₹17 Cr) |
| Reserved for Market Maker | 2,52,000 shares Gretex Share Broking Pvt.Ltd. (agg. up to ₹0.8820 Cr) NNM Securities Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 39,48,000 shares (agg. up to ₹14 Cr) |
| Offer for Sale | 6,60,000 shares of ₹10 (agg. up to ₹2 Cr) |
| Net Offered to Public | 46,08,000 shares (agg. up to ₹16 Cr) |
| Share Holding Pre Issue | 1,25,23,638 shares |
| Share Holding Post Issue | 1,67,23,638 shares |
| BSE Script Code | 542057 BCPL |
| ISIN | INE00SW01015 |
BCPL Railway Infrastructure IPO comprises a total issue size of 48,60,000 shares. The net offer to the public is 46,08,000 shares, after excluding 2,52,000 shares allotted on a firm basis. Of the Net offer 23,04,000 (50.00%) allocated to NII 23,04,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 23,04,000 | 50.00% | 47.41% |
| Retail Shares Offered | 23,04,000 | 50.00% | 47.41% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,52,000 | 5.19% | |
| Total Shares Offered | 48,60,000 | 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 | ₹1,40,000 |
| Retail (Max) | 1 | 4,000 | ₹1,40,000 |
| HNI (Min) | 2 | 8,000 | ₹2,80,000 |
Incorporated in 1995, Kolkata based BCPL Railway Infrastructure Limited (BRIL) is a company engaged in the business of Railway Infrastructure Development involving design, drawing, supply, Erection and Commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.
Some of the major clients of the company are various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) as well as large Public and Private Sector Undertakings like RITES Ltd., Durgapur Projects Ltd., Adhunik Group, Usha Martin Industries Ltd, Essel Mining Industries Ltd., Jindal Steel and Power Ltd., Haldia Energy Limited, Rungta Mines and Electrosteel etc.
The total revenues of the company stood at Rs 5,063.59 Lakhs, Rs 3,498.76 lakhs and Rs 2,573.92 Lakhs for the fiscal year 2018, 2017 and 2016 respectively.
The PAT was Rs 404.55 Lakhs, Rs 127.20 Lakhs and Rs 96.11 Lakhs for the fiscal year 2018, 2017 and 2016 respectively.
Competitive Strengths-
1. Highly experienced in a niche market
2. Strong roaster of clients
3. Good track record of growth
| Period Ended |
|---|
| Amount in ₹ Crore |
The BCPL Railway Infrastructure BRIL IPO is subscribed 1.32 times on October 19, 2018 6:49:03 PM (Day 10). The public issue subscribed 0.48 times in the retail category, [.] times in the QIB category, and 2.16 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.16 | 23,04,000 | 49,76,000 |
| Retail | 0.48 | 23,04,000 | 11,16,000 |
| Total | 1.32 | 46,08,000 | 60,92,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Merchant Banker, Underwriter, Registrar Fees, Legal Fees & Market Maker | 0.40 |
| 2 | Printing and Stationery Expenses, Advertising and Marketing Expenses, Statutory Expenses etc | 0.15 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹37.00 |
| Low | ₹36.30 |
| High | ₹37.80 |
| Last Trade | ₹36.30 |
Lead Manager Reports
BCPL Railway Infrastructure IPO is a SME IPO of 48,60,000 equity shares of the face value of ₹10 aggregating up to ₹17 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The IPO opens on Fri, Oct 5, 2018, and closes on Fri, Oct 19, 2018.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in BCPL Railway Infrastructure IPO using UPI as a payment gateway. Zerodha customers can apply in BCPL Railway Infrastructure IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in BCPL Railway Infrastructure IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The BCPL Railway Infrastructure IPO opens on Fri, Oct 5, 2018 and closes on Fri, Oct 19, 2018.
BCPL Railway Infrastructure IPO lot size is 4000, and the minimum amount required for application is ₹1,40,000.
You can apply in BCPL Railway Infrastructure 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 BCPL Railway Infrastructure IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the BCPL Railway Infrastructure IPO allotment status.
The BCPL Railway Infrastructure IPO listing date is on Mon, Oct 29, 2018.
