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Bohra Industries IPO is a book build issue of ₹25.15 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹25.15 crore.
Bohra Industries IPO bidding started from Mar 23, 2017 and ended on Mar 27, 2017. The shares got listed on NSE SME on Apr 5, 2017.
Bohra Industries IPO price band is set at ₹55.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,02,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,20,000.
Pantomath Capital Advisors Pvt.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 Pantomath Stock Brokers Pvt.Ltd..
Refer to Bohra Industries IPO RHP for detailed Information.
| IPO Date | March 23, 2017 to March 27, 2017 |
| Listing Date | April 5, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹51 to ₹55 per share |
| Issue Price Final | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 45,72,000 shares (aggregating up to ₹25.15 Cr) |
| Reserved for Market Maker | 2,36,000 shares Pantomath Stock Brokers Pvt.Ltd. (aggregating up to ₹1.30 Cr) |
| Net Offered to Public | 43,36,000 shares (aggregating up to ₹23.85 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,06,69,013 shares |
| Share Holding Post Issue | 1,52,41,013 shares |
Bohra Industries IPO offers total 45,72,000 shares. Out of which 21,68,000 (47.42%) allocated to NII, 21,68,000 (47.42%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,36,000 (5.16%) |
| NII (HNI) Shares Offered | 21,68,000 (47.42%) |
| Retail Shares Offered | 21,68,000 (47.42%) |
| Total Shares Offered | 45,72,000 (100.00%) |
Bohra Industries IPO opens on March 23, 2017, and closes on March 27, 2017.
| IPO Open Date | Thu, Mar 23, 2017 |
| IPO Close Date | Mon, Mar 27, 2017 |
| Tentative Listing Date | Wed, Apr 5, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Mar 27, 2017 |
Investors can bid for a minimum of 2,000 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 | 2,000 | ₹1,10,000 |
| Retail (Max) | 1 | 2,000 | ₹1,10,000 |
| HNI (Min) | 2 | 4,000 | ₹2,20,000 |
Incorporated in 1996, Bohra Industries Limited manufactures and markets phosphatic fertilizers. Comapny's products include single super, granualated single super, and triple super phosphate. The company markets its products through dealers, retailers, and marketers in India.
BIL has also entered into marketing tie up with some of the leading fertilizer manufacturing companies in India. Some of the fertilizer companies with whom they have a marketing tie up are:
1. Rashtriya Chemicals and Fertilizers Ltd (RCF)
2. Nagarjuna Fertilizers and Chemicals Ltd (NFCL)
3. Chambal Fertilizers and Chemicals Ltd (CFCL)
The Company Bohra 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 | To Purchase of Machinery and Equipment for SSP Expansion | 7.00 |
| 2 | To meet working capital requirements | 12.00 |
| 3 | To meet general corporate purpose | 4.15 |
[Dilip Davda] Issue appears to be fully priced hence investors may invest at their own discretion with a long term outlook. Read detail review...
| Listing Date | April 5, 2017 |
| BSE Script Code | |
| NSE Symbol | BOHRA |
| ISIN | INE802W01015 |
| Final Issue Price | ₹55 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹56.20 |
| Low | ₹55.50 |
| High | ₹58.40 |
| Last Trade | ₹57.85 |
Bohra Industries Ltd.
301,
Anand Plaza,
University Road,
Udaipur, Rajasthan, 313001
Phone: +91 294 2342226
Email: investors@bohraindustries.com
Website: http://www.bohraindustries.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Bohra Industries IPO is a SME IPO of 45,72,000 equity shares of the face value of ₹10 aggregating up to ₹25.15 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on March 23, 2017, and closes on March 27, 2017.
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 Bohra Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Bohra Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bohra Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bohra Industries IPO opens on March 23, 2017 and closes on March 27, 2017.
Bohra Industries IPO lot size is 2000, and the minimum amount required for application is ₹1,10,000.
You can apply in Bohra 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 Bohra Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bohra Industries IPO allotment status.
The Bohra Industries IPO listing date is on Wednesday, April 5, 2017.
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