Bookbuilding IPO | ₹200 Cr | Listed at BSE, NSE | Mon, Feb 20, 2006 - Thu, Feb 23, 2006
B.L.Kashyap & Sons IPO is a book build issue of ₹200.02 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹200.02 crore.
B.L.Kashyap & Sons IPO bidding started from Feb 20, 2006 and ended on Feb 23, 2006. The shares got listed on the NSE and the BSE on Mar 17, 2006.
B.L.Kashyap & Sons IPO is set final issue price at ₹685 per share.
Edelweiss Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to B.L.Kashyap & Sons IPO RHP for detailed Information.
IPO Open
Mon, Feb 20, 2006
IPO Close
Thu, Feb 23, 2006
Issue Price
₹685 per share
Market Cap (Pre-IPO)
₹703.63 Cr
| IPO Date | 20 to 23 Feb, 2006 |
| Listed on | Fri, Mar 17, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹625 to ₹700 |
| Issue Price | ₹685 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 29,20,000 shares (agg. up to ₹200 Cr) |
| Fresh Issue | 29,20,000 shares (agg. up to ₹200 Cr) |
| Share Holding Pre Issue | 73,52,000 shares |
| Share Holding Post Issue | 1,02,72,000 shares |
| BSE Script Code / NSE Symbol | 532719 / BLKASHYAP |
| ISIN | INE350H01032 |
B.L.Kashyap & Sons IPO comprises a total issue size of 29,20,000 shares. Out of which, 14,60,000 (50.00%) are allocated to QIB, 4,38,000 (15.00%) allocated to NII 10,22,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 14,60,000 | 50.00% |
| NII (HNI) Shares Offered | 4,38,000 | 15.00% |
| Retail Shares Offered | 10,22,000 | 35.00% |
| Total Shares Offered | 29,20,000 | 100.00% |
Incorporated in 1989, B.L.Kashyap & Sons Ltd. is engaged in providing a comprehensive range of construction and related services to corporate and institutional clients across India. Its expertise spans multiple sectors, enabling us to address varied infrastructure requirements, including hospitals and hospitality projects, industrial facilities, IT/ITES developments, as well as malls and multiplexes. The company also undertake construction and turnkey assignments for residential developments and corporate office spaces.
Its core operations focus on end-to-end construction solutions, covering civil works along with associated services such as electrical installations, plumbing, fire-fighting systems, air conditioning, and other allied activities. In addition, the company also offers integrated furnishing and interior fit-out solutions through wholly owned subsidiary, BLK Furnishers.
The company's business activities are broadly classified into four key segments: commercial construction, corporate construction, residential construction, and industrial construction.
| Period Ended | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 178.83 | 133.47 | 66.71 | 48.98 |
| Total Income | 207.86 | 313.77 | 157.95 | 95.14 |
| Profit After Tax | 13.49 | 12.17 | 3.25 | 2.05 |
| EBITDA | 23.12 | 25.45 | 9.16 | 5.55 |
| NET Worth | 29.67 | 16.32 | 15.32 | 12.64 |
| Reserves and Surplus | 22.54 | 11.47 | 10.48 | 7.80 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Plants and machinery | 64.76 |
| 2 | Investments in subsidiary, BLK Furnishers. | 20.00 |
| 3 | Land and building | 15.00 |
| 4 | Long term working capital | 83.03 |
| 5 | Issue expenses | 11.18 |
| Total | 193.97 |
| KPI | Sep 30, 2005 | Mar 31, 2005 |
|---|---|---|
| RoNW | 45.47% | 79.45% |
| Price to Book Value | 20.36 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 16.55 | 26.27 |
| P/E (x) | 41.38 | 26.08 |
| Promoter Holding | 98.91% | 70.25% |
| Market Cap | ₹703.63 Cr. |
The B.L.Kashyap & Sons IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 14.29 | 29,20,000 | 4,17,36,860 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees of BRLM, Registrar, Legal Advisors, Auditors and other advisors, Underwriting commission, brokerage and selling commission | 5.78 |
| 2 | Printing and stationery, distribution, postage, etc. | 2.00 |
| 3 | Advertisement and marketing expenses | 1.40 |
| 4 | Other expenses | 1.00 |
| 5 | Contingencies | 1.00 |
| Total | 11.18 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹685.00 | ₹685.00 |
| Open | ₹749.90 | ₹800.50 |
| Low | ₹749.90 | ₹800.50 |
| High | ₹1,036.90 | ₹1,036.80 |
| Last Trade | ₹972.70 | ₹973.30 |
Lead Manager Reports
B.L.Kashyap & Sons IPO is a main-board IPO of 29,20,000 equity shares of the face value of ₹10 aggregating up to ₹200 Crores. The issue is priced at ₹685 per share. The minimum order quantity is .
The IPO opens on Mon, Feb 20, 2006, and closes on Thu, Feb 23, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in B.L.Kashyap & Sons IPO using UPI as a payment gateway. Zerodha customers can apply in B.L.Kashyap & Sons IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in B.L.Kashyap & Sons IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The B.L.Kashyap & Sons IPO opens on Mon, Feb 20, 2006 and closes on Thu, Feb 23, 2006.
B.L.Kashyap & Sons IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in B.L.Kashyap & Sons 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 B.L.Kashyap & Sons IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the B.L.Kashyap & Sons IPO allotment status.
The B.L.Kashyap & Sons IPO listing date is on Fri, Mar 17, 2006.
