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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 ₹168.00 per share . The lot size for an application is 800. The minimum amount of investment required by an retail is ₹1,27,200 (800 shares). The minimum lot size investment for 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 Date | March 26, 2024 to March 28, 2024 |
| Listing Date | April 3, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹159 to ₹168 per share |
| Issue Price Final | ₹168 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 10,80,000 shares (aggregating up to ₹18.14 Cr) |
| Reserved for Market Maker | 56,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹0.9408 Cr) |
| Net Offered to Public | 10,24,000 shares (aggregating up to ₹17.20 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 30,00,000 shares |
| Share Holding Post Issue | 40,80,000 shares |
Blue Pebble IPO offers total 10,80,000 shares. Out of which 5,10,400 (47.26%) allocated to QIB, 2,04,800 (18.96%) allocated to QIB, 1,54,400 (14.30%) allocated to NII, 3,59,200 (33.26%) allocated to RII and 3,05,600 (28.30%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 56,000 (5.19%) |
| QIB Shares Offered | 5,10,400 (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 (14.30%) |
| Retail Shares Offered | 3,59,200 (33.26%) |
| Total Shares Offered | 10,80,000 (100.00%) |
Blue Pebble IPO raises ₹5.13 crore from anchor investors. Blue Pebble IPO Anchor bid date is March 22, 2024. Blue Pebble IPO Anchor Investors list
| Bid Date | March 22, 2024 |
| Shares Offered | 3,05,600 |
| Anchor Portion Size (In Cr.) | 5.13 |
| Anchor lock-in period end date for 50% shares (30 Days) | May 1, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 30, 2024 |
Blue Pebble IPO opens on March 26, 2024, and closes on March 28, 2024.
| IPO Open Date | Tue, Mar 26, 2024 |
| IPO Close Date | Thu, Mar 28, 2024 |
| Tentative Allotment | Mon, Apr 1, 2024 |
| Initiation of Refunds | Tue, Apr 2, 2024 |
| Credit of Shares to Demat | Tue, Apr 2, 2024 |
| Tentative Listing Date | Wed, Apr 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Mar 28, 2024 |
Investors can bid for a minimum of 800 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 | 800 | ₹1,34,400 |
| Retail (Max) | 1 | 800 | ₹1,34,400 |
| HNI (Min) | 2 | 1,600 | ₹2,68,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
Blue Pebble Limited's revenue increased by 190.98% and profit after tax (PAT) rose by 426.49% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 934.35 | 876.36 | 342.62 | 299.88 |
| Total Income | 1,322.68 | 1,594.96 | 548.14 | 421.04 |
| Profit After Tax | 291.78 | 200.33 | 38.05 | 20.06 |
| Net Worth | 606.17 | 314.39 | 114.06 | 76.01 |
| Reserves and Surplus | 306.17 | 313.39 | 113.06 | 75.01 |
| Total Borrowing | 27.28 | 37.20 | 37.20 | |
| Amount in ₹ Lakhs | ||||
The market capitalization of Blue Pebble IPO is ₹68.54 Cr.
KPI as of Sat, Sep 30, 2023.
| KPI | Values |
|---|---|
| ROE | 63.39% |
| ROCE | 64.12% |
| RoNW | 48.14% |
| PAT Margin | 22.14% |
| Price to Book Value | 8.31 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.68 | 14.30 |
| P/E (x) | 25.16 | 11.75 |
The company intends to utilize the proceeds of the Issue to meet the following objects:
[Dilip Davda] The company is operating in a highly competitive and fragmented segment. After static performance for FY21 and FY22, it marked high jump in its top and bottom lines. Based on its super annualized earnings for FY24, the issue appears fully priced. Small equity base post IPO indicates longer gestation period for migration. Well-informed investors may park moderate funds for the medium term rewards. Read detail review...
| Listing Date | April 3, 2024 |
| BSE Script Code | |
| NSE Symbol | BLUEPEBBLE |
| ISIN | INE0SAK01011 |
| Final Issue Price | ₹168 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹168.00 |
| Open | ₹199.00 |
| Low | ₹189.05 |
| High | ₹208.95 |
| Last Trade | ₹208.95 |
Blue Pebble Ltd.
B-1201, Titanium Towers, Opp. Star Bazar,
Nr. D N Nagar Metro Station,
Andheri West
Mumbai, Maharashtra, 400053
Phone: +91- 9820132955
Email: info@bluepebble.in
Website: http://www.bluepebble.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Blue Pebble IPO is a SME IPO of 10,80,000 equity shares of the face value of ₹10 aggregating up to ₹18.14 Crores. The issue is priced at ₹168 per share. The minimum order quantity is 800.
The IPO opens on March 26, 2024, and closes on March 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 March 26, 2024 and closes on March 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 Tuesday, April 2, 2024. Check the Blue Pebble IPO allotment status.
The Blue Pebble IPO listing date is on Wednesday, April 3, 2024.
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