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Billwin Industries IPO is a fixed price issue of ₹2.46 crores. The issue is entirely a fresh issue of 0.07 crore shares of ₹2.46 crore.
Billwin Industries IPO bidding started from Jun 18, 2020 and ended on Jun 22, 2020. The shares got listed on BSE SME on Jun 30, 2020.
Billwin Industries IPO price is ₹37.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,11,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,22,000.
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 is Gretex Share Broking Pvt.Ltd..
Refer to Billwin Industries IPO RHP for detailed Information.
| IPO Date | June 18, 2020 to June 22, 2020 |
| Listing Date | June 30, 2020 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹37 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 6,66,000 shares (aggregating up to ₹2.46 Cr) |
| Reserved for Market Maker | 36,000 shares Gretex Share Broking Pvt.Ltd. (aggregating up to ₹0.1332 Cr) |
| Net Offered to Public | 6,30,000 shares (aggregating up to ₹2.33 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 14,64,724 shares |
| Share Holding Post Issue | 21,30,724 shares |
Billwin Industries IPO offers total 6,66,000 shares. Out of which 3,15,000 (47.30%) allocated to NII, 3,15,000 (47.30%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 36,000 (5.41%) |
| NII (HNI) Shares Offered | 3,15,000 (47.30%) |
| Retail Shares Offered | 3,15,000 (47.30%) |
| Total Shares Offered | 6,66,000 (100.00%) |
Billwin Industries IPO opens on June 18, 2020, and closes on June 22, 2020.
| IPO Open Date | Thu, Jun 18, 2020 |
| IPO Close Date | Mon, Jun 22, 2020 |
| Tentative Listing Date | Tue, Jun 30, 2020 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jun 22, 2020 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,11,000 |
| Retail (Max) | 1 | 3,000 | ₹1,11,000 |
| HNI (Min) | 2 | 6,000 | ₹2,22,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Mumbai based Billwin Industries Ltd is engaged in the manufacturing of protective gear which are life jackets, inflatable boats, and rainwear. The raw material for manufacturing protective gear (called Coated Fabric) is purchased by the company from domestic and international markets.
The product range of the company includes rainwear coat, rucksack, life jackets, winter jacket, inflatable boats dinghys, river raft boat, sleeping bags, facial mask, and pulsar jacket.
The manufacturing unit of the company is located at Bhandup West Mumbai Maharashtra with approximately 5190 sq. ft area. This facility is equipped with semi-automatic and automated equipment. The company sells products through tenders and distributors & retailers. The distribution channel of the company covers Maharashtra, Kerala, Gujrat, Chattisgarh, Tamilnadu, Assam, Haryana, and Trivandrum Tripura.
The company also sells products through e-commerce platforms such as Amazon, Flipkart, Shopcules Xerve, and Buy Hatke.
Competitive Strengths
1. Quality services
2. Semi-automated units
3. Diversified product portfolio
4. Existing distribution network
| Particulars | For the year/period ended (Rs in Lakh) | ||||
|---|---|---|---|---|---|
| 05-March-20 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | ||
| Total Assets | 733.16 | 33.78 | 217.10 | 12.33 | |
| Total Revenue | 38.42 | 60.72 | 184.61 | 46.37 | |
| Profit After Tax | 3.47 | 10.78 | 11.47 | 0.29 | |
The market capitalization of Billwin Industries IPO is ₹7.88 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 264 |
The Company Billwin Industries 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 | Funding the working capital requirements of our Company | 1.92 |
[Dilip Davda] BIL has shown miniscule top line so far compared to its post issue equity base. Issue is exorbitantly priced. Investors may stay away from this fully structured highly priced IPO. Read detail review...
| Listing Date | June 30, 2020 |
| BSE Script Code | 543209 |
| NSE Symbol | |
| ISIN | INE0CRS01012 |
| Final Issue Price | ₹37 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹37.00 |
| Open | ₹36.90 |
| Low | ₹36.90 |
| High | ₹38.20 |
| Last Trade | ₹37.10 |
Billwin Industries Ltd.
79,
Vishal Industrial Estate Village Road,
Bhandup West,
Mumbai, Maharashtra, 400078
Phone: +91 22 2566 8112
Email: info@billwinindustries.com
Website: http://www.billwinindustries.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Billwin Industries IPO is a SME IPO of 6,66,000 equity shares of the face value of ₹10 aggregating up to ₹2.46 Crores. The issue is priced at ₹37 per share. The minimum order quantity is 3000.
The IPO opens on June 18, 2020, and closes on June 22, 2020.
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 Billwin Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Billwin Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Billwin Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Billwin Industries IPO opens on June 18, 2020 and closes on June 22, 2020.
Billwin Industries IPO lot size is 3000, and the minimum amount required for application is ₹1,11,000.
You can apply in Billwin Industries 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 Billwin Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Billwin Industries IPO allotment status.
The Billwin Industries IPO listing date is on Tuesday, June 30, 2020.
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