Bookbuilding IPO | ₹25 Cr | Listed at NSE SME | Thu, Mar 23, 2017 - Mon, Mar 27, 2017
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 per share. The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,10,000 (2000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Mar 23, 2017
IPO Close
Mon, Mar 27, 2017
Issue Price
₹55 per share
Market Cap (Pre-IPO)
₹83.83 Cr
| IPO Date | 23 to 27 Mar, 2017 |
| Listed on | Wed, Apr 5, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹51 to ₹55 |
| Issue Price | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 45,72,000 shares (agg. up to ₹25 Cr) |
| Reserved for Market Maker | 2,36,000 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 43,36,000 shares (agg. up to ₹24 Cr) |
| Net Offered to Public | 43,36,000 shares (agg. up to ₹24 Cr) |
| Share Holding Pre Issue | 1,06,69,013 shares |
| Share Holding Post Issue | 1,52,41,013 shares |
| NSE Symbol | BOHRA |
| ISIN | INE802W01015 |
Bohra Industries IPO comprises a total issue size of 45,72,000 shares. The net offer to the public is 43,36,000 shares, after excluding 2,36,000 shares allotted on a firm basis. Of the Net offer 21,68,000 (50.00%) allocated to NII 21,68,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 21,68,000 | 50.00% | 47.42% |
| Retail Shares Offered | 21,68,000 | 50.00% | 47.42% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,36,000 | 5.16% | |
| Total Shares Offered | 45,72,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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)
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
The Bohra Industries IPO is subscribed 3.40 times on March 27, 2017 5:45:00 PM (Day 3). The public issue subscribed 4.20 times in the retail category, [.] times in the QIB category, and 2.60 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.60 | 21,68,000 | 56,36,000 |
| Retail | 4.20 | 21,68,000 | 91,14,000 |
| Total | 3.40 | 43,36,000 | 1,47,50,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 1.60 |
| 2 | Regulatory fees | 0.10 |
| 3 | Marketing and Other Expenses | 0.30 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹56.20 |
| Low | ₹55.50 |
| High | ₹58.40 |
| Last Trade | ₹57.85 |
Lead Manager Reports
Bohra Industries IPO is a SME IPO of 45,72,000 equity shares of the face value of ₹10 aggregating up to ₹25 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Mar 23, 2017, and closes on Mon, Mar 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 Thu, Mar 23, 2017 and closes on Mon, Mar 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 Wed, Apr 5, 2017.
