Bookbuilding IPO | ₹18 Cr | Listed at NSE SME | Tue, Mar 26, 2024 - Thu, Mar 28, 2024
Blue Pebble IPO is a book build issue of ₹18.14 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹18.14 crore.
Blue Pebble IPO bidding started from Mar 26, 2024 and ended on Mar 28, 2024. The allotment for Blue Pebble IPO was finalized on Apr 1, 2024. The shares got listed on NSE SME on Apr 3, 2024.
Blue Pebble IPO price band is set at ₹168 per share. The lot size for an application is 800. The minimum amount of investment required by an retail is ₹1,34,400 (800 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (1,600 shares), amounting to ₹2,68,800.
Hem Securities 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 Hem Finlease Pvt.Ltd..
Refer to Blue Pebble IPO RHP for detailed Information.
IPO Open
Tue, Mar 26, 2024
IPO Close
Thu, Mar 28, 2024
Issue Price
₹168 per share
Market Cap (Pre-IPO)
₹68.54 Cr
| IPO Date | 26 to 28 Mar, 2024 |
| Listed on | Wed, Apr 3, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹159 to ₹168 |
| Issue Price | ₹168 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 10,80,000 shares (agg. up to ₹18 Cr) |
| Reserved for Market Maker | 56,000 shares Hem Finlease Pvt.Ltd. (agg. up to ₹0.9408 Cr) |
| Fresh Issue (Ex Market Maker) | 10,24,000 shares (agg. up to ₹17 Cr) |
| Net Offered to Public | 10,24,000 shares (agg. up to ₹17 Cr) |
| Share Holding Pre Issue | 30,00,000 shares |
| Share Holding Post Issue | 40,80,000 shares |
| NSE Symbol | BLUEPEBBLE |
| ISIN | INE0SAK01011 |
Blue Pebble IPO comprises a total issue size of 10,80,000 shares. The net offer to the public is 10,24,000 shares, after excluding 56,000 shares allotted on a firm basis. Of the Net offer 5,10,400 (49.84%) are allocated to QIB, 1,54,400 (15.08%) allocated to NII 3,59,200 (35.08%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 5,10,400 | 49.84% | 47.26% |
| − Anchor Investor Shares Offered | 3,05,600 | 28.30% | |
| − QIB (Ex. Anchor) Shares Offered | 2,04,800 | 18.96% | |
| NII (HNI) Shares Offered | 1,54,400 | 15.08% | 14.30% |
| Retail Shares Offered | 3,59,200 | 35.08% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 56,000 | 5.19% | |
| Total Shares Offered | 10,80,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 800 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,34,400 |
| Retail (Max) | 1 | 800 | ₹1,34,400 |
| HNI (Min) | 2 | 1,600 | ₹2,68,800 |
Blue Pebble IPO raises ₹5.13 crore from anchor investors. Blue Pebble IPO Anchor bid date is March 22, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Mar 22, 2024 |
| Shares Offered | 3,05,600 |
| Anchor Portion (₹ Cr.) | 5.13 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, May 1, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Jun 30, 2024 |
Founded in 2017, Blue Pebble Limited provides interior design and environmental branding solutions.
The company provides conceptualization, design, printing, furnishing and installation of vinyl graphics, signage, and various furnishing products, including but not limited to 3D walls, frost/clear glass films, artefacts, wall panels, murals and sculptures for corporate interiors and external workplace environments. The company's printing and design services include themed designs, large format printing, vinyl printing, fabric printing, canvas printing, signage fabrication and 3D art installation.
The company's clients include companies from the banking sector, MNCs and IT sectors, including Infosys Limited, HDFC Bank Limited, American Express, Bank of America, Nestle, British Petroleum, Moody's, etc. The company is headquartered in Mumbai and has a presence in Delhi, Maharashtra, Gujarat, Utter Pradesh, Telangana, Odisha, Madhya Pradesh, Punjab, Tamilnadu, etc.
Blue Pebble won an architecture and interior design award presented by Beginup Research Intelligence Pvt Ltd. in 2022. It was awarded "Most Creative & Innovative Design Agency" by Design Awards India in 2022 and "India's Best Design Studio" by IBDA in 2023.
As of September 30, 2023, Blue Pebble has 34 full-time employees in various departments.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 9.34 | 8.76 | 3.43 | 3.00 |
| Total Income | 13.23 | 15.95 | 5.48 | 4.21 |
| Profit After Tax | 2.92 | 2.00 | 0.38 | 0.20 |
| NET Worth | 6.06 | 3.14 | 1.14 | 0.76 |
| Reserves and Surplus | 3.06 | 3.13 | 1.13 | 0.75 |
| Total Borrowing | 0.27 | 0.37 | 0.37 | |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of additional machinery | 4.93 |
| 2 | To meet working capital requirements | 6.55 |
| 3 | General Corporate Purpose | 4.28 |
| KPI | Sep 30, 2023 |
|---|---|
| ROE | 63.39% |
| ROCE | 64.12% |
| RoNW | 48.14% |
| PAT Margin | 22.14% |
| Price to Book Value | 8.31 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.68 | 14.30 |
| P/E (x) | 25.16 | 11.75 |
| Promoter Holding | 100.00% | 73.52% |
| Market Cap | ₹68.54 Cr. |
The Blue Pebble IPO is subscribed 56.32 times on March 28, 2024 7:30:30 PM (Day 3). The public issue subscribed 58.4 times in the retail category, 21.77 times in the QIB category, and 97.31 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 21.77 | 2,04,800 | 44,57,600 |
| NII* | 97.31 | 1,54,400 | 1,50,24,800 |
| Retail | 58.4 | 3,59,200 | 2,09,76,800 |
| Total | 56.32 | 7,18,400 | 4,04,59,200 |
Total Application : 26,221
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees and Underwriting Commission | 0.53 |
| 2 | Brokerage and selling commission including Commission/processing fee for SCSBs, Sponsor Bank and Banker(s) to the Issue and brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs and Miscellaneous Expenses) | 1.63 |
| 3 | Fees Payable to Registrar to the Issue | 0.03 |
| 4 | Fees Payable for Advertising, Publishing, Printing & Stationery, Postage, etc. Expenses | 0.07 |
| 5 | Fees Payable to Regulators including Stock Exchanges, NSDL & CDSL | 0.08 |
| 6 | Fees Payable to Statutory Auditor, Legal Advisors and other Professionals | 0.05 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹168.00 |
| Open | ₹199.00 |
| Low | ₹189.05 |
| High | ₹208.95 |
| Last Trade | ₹208.95 |
Lead Manager Reports
Blue Pebble IPO is a SME IPO of 10,80,000 equity shares of the face value of ₹10 aggregating up to ₹18 Crores. The issue is priced at ₹168 per share. The minimum order quantity is 800.
The IPO opens on Tue, Mar 26, 2024, and closes on Thu, Mar 28, 2024.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Blue Pebble IPO using UPI as a payment gateway. Zerodha customers can apply in Blue Pebble IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Blue Pebble IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Blue Pebble IPO opens on Tue, Mar 26, 2024 and closes on Thu, Mar 28, 2024.
Blue Pebble IPO lot size is 800, and the minimum amount required for application is ₹1,34,400.
You can apply in Blue Pebble 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 Blue Pebble IPO will be done on Monday, April 1, 2024, and the allotted shares will be credited to your demat account by Tue, Apr 2, 2024. Check the Blue Pebble IPO allotment status.
The Blue Pebble IPO listing date is on Wed, Apr 3, 2024.
