Bookbuilding IPO | ₹55 Cr | Listed at BSE, NSE | Mon, Jul 11, 2011 - Thu, Jul 14, 2011
Bharatiya Global Infomedia IPO is a book build issue of ₹55.10 crores. The issue is entirely a fresh issue of 0.67 crore shares of ₹55.10 crore.
Bharatiya Global Infomedia IPO bidding started from Jul 11, 2011 and ended on Jul 14, 2011. The shares got listed on BSE, NSE on Jul 28, 2011.
Bharatiya Global Infomedia IPO price band is set at ₹82 per share. The lot size for an application is 75. The minimum amount of investment required by an retail is ₹6,150 (75 shares) (based on upper price). The lot size investment for sNII is 33 lots (2,475 shares), amounting to ₹2,02,950, and for bNII, it is 163 lots (12,225 shares), amounting to ₹10,02,450.
Almondz Global Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Bharatiya Global Infomedia IPO RHP for detailed Information.
IPO Open
Mon, Jul 11, 2011
IPO Close
Thu, Jul 14, 2011
Issue Price
₹82 per share
Market Cap (Pre-IPO)
₹129.91 Cr
| IPO Date | 11 to 14 Jul, 2011 |
| Listed on | Thu, Jul 28, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹75 to ₹82 |
| Issue Price | ₹82 per share |
| Lot Size | 75 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 67,20,000 shares (agg. up to ₹55 Cr) |
| Fresh Issue | 67,20,000 shares (agg. up to ₹55 Cr) |
| Share Holding Pre Issue | 91,23,110 shares |
| Share Holding Post Issue | 1,58,43,110 shares |
| BSE Script Code / NSE Symbol | 533499 / BGLOBAL |
| ISIN | INE224M01013 |
Bharatiya Global Infomedia IPO comprises a total issue size of 67,20,000 shares. Out of which, 33,60,000 (50.00%) are allocated to QIB, 10,08,000 (15.00%) allocated to NII 23,52,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 33,60,000 | 50.00% | NA |
| NII (HNI) Shares Offered | 10,08,000 | 15.00% | NA |
| Retail Shares Offered | 23,52,000 | 35.00% | 31,360 |
| Total Shares Offered | 67,20,000 | 100.00% |
Investors can bid for a minimum of 75 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹6,150 |
| Retail (Max) | 32 | 2,400 | ₹1,96,800 |
| S-HNI (Min) | 33 | 2,475 | ₹2,02,950 |
| S-HNI (Max) | 162 | 12,150 | ₹9,96,300 |
| B-HNI (Min) | 163 | 12,225 | ₹10,02,450 |
Incorporated in 1994, Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.
BGIL provides visibility across the IT infrastructure, intelligently identifies security threats and compliance breaches, and automates security and compliance processes to reduce risk. They have total of 32 Radio Frequency Identification solutions, out of which they got registration for 8 solutions from Government of India. The IT division of the Company has developed products in house in its R& D centre in Noida using Radio Frequency Identification (RFID) technology. RFID is the key technology of BGIL and used for identification and tracking of the identity, location and conditions of assets, tools, inventory, people using radio waves.
| 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 | Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (a) Purchase of owned Corporate Office & relocation of Branch Office | 9.90 |
| 2 | Setting up of our Corporate Office at Noida & Branch Office at Mumbai – (b) Upgradation of Digital Post Production Studio and Investment in IT division | 22.05 |
| 3 | Expansion of R&D technology centre | 6.57 |
| 4 | Repayment of bank borrowings | 2.70 |
| 5 | Meeting long term working capital requirements | 5.05 |
| 6 | General Corporate Purpose | 6.50 |
| KPI | |
|---|---|
| RoNW | 14.24% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 88.66% | 51.06% |
| Market Cap | ₹129.91 Cr. |
The Bharatiya Global Infomedia IPO is subscribed 2.06 times on July 14, 2011 5:00:00 PM (Day 4). The public issue subscribed 5.06 times in the retail category, 0 times in the QIB category, and 1.94 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 0 | 33,60,000 | |
| NII | 1.94 | 10,08,000 | |
| Retail | 5.06 | 23,52,000 | |
| Total | 2.06 | 67,20,000 |
CARE has assigned an IPO Grade 2 to Bharatiya Global Infomedia IPO. This means as per CARE, company has 'Below Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Bharatiya Global Infomedia IPO Grading Report
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees | 0.83 |
| 2 | Underwriting, selling commission and brokerage | 0.91 |
| 3 | Processing fee to the SCSBs for processing ASBA Bid cum Application Forms procured by members of the Syndicate and submitted to SCSBs under the Syndicate ASBA process | 0.00 |
| 4 | Fees to the Escrow Collection Banks, Public Issue Account Banks and Refund Banks | |
| 5 | Registrars fees | 0.02 |
| 6 | Advertising and marketing expenses, printing and stationery, distribution, postage etc. | 0.46 |
| 7 | Other expenses (IPO Grading Agency, Monitoring Agency, Legal Advisors, Auditors and other Advisors etc.) | 0.57 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹82.00 | ₹82.00 |
| Open | ₹84.00 | ₹81.90 |
| Low | ₹27.15 | ₹26.10 |
| High | ₹84.00 | ₹83.00 |
| Last Trade | ₹30.95 | ₹29.90 |
Lead Manager Reports
Bharatiya Global Infomedia IPO is a main-board IPO of 67,20,000 equity shares of the face value of ₹10 aggregating up to ₹55 Crores. The issue is priced at ₹82 per share. The minimum order quantity is 75.
The IPO opens on Mon, Jul 11, 2011, and closes on Thu, Jul 14, 2011.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Bharatiya Global Infomedia IPO using UPI as a payment gateway. Zerodha customers can apply in Bharatiya Global Infomedia IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bharatiya Global Infomedia IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bharatiya Global Infomedia IPO opens on Mon, Jul 11, 2011 and closes on Thu, Jul 14, 2011.
Bharatiya Global Infomedia IPO lot size is 75, and the minimum amount required for application is ₹6,150.
You can apply in Bharatiya Global Infomedia 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 Bharatiya Global Infomedia IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Bharatiya Global Infomedia IPO allotment status.
The Bharatiya Global Infomedia IPO listing date is on Thu, Jul 28, 2011.
