Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Thu, Sep 30, 2021 - Mon, Oct 4, 2021
Bombay Metrics Supply Chain IPO is a fixed price issue of ₹4.29 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹4.29 crore.
Bombay Metrics Supply Chain IPO bidding started from Sep 30, 2021 and ended on Oct 4, 2021. The allotment for Bombay Metrics Supply Chain IPO was finalized on Oct 7, 2021. The shares got listed on NSE SME on Oct 12, 2021.
Bombay Metrics Supply Chain IPO price is ₹93 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,11,600 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,23,200.
Unistone Capital 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 Rikhav Securities Ltd..
Refer to Bombay Metrics Supply Chain IPO RHP for detailed Information.
IPO Open
Thu, Sep 30, 2021
IPO Close
Mon, Oct 4, 2021
Issue Price
₹93 per share
Market Cap (Pre-IPO)
₹14.31 Cr
| IPO Date | 30 Sep to 4 Oct, 2021 |
| Listed on | Tue, Oct 12, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹93 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 4,60,800 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 24,000 shares Rikhav Securities Ltd. (agg. up to ₹0.2232 Cr) |
| Fresh Issue (Ex Market Maker) | 4,36,800 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 4,36,800 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 36,11,440 shares |
| Share Holding Post Issue | 15,39,240 shares |
| NSE Symbol | BMETRICS |
| ISIN | INE0I3Y01014 |
Bombay Metrics Supply Chain IPO comprises a total issue size of 4,60,800 shares. The net offer to the public is 4,36,800 shares, after excluding 24,000 shares allotted on a firm basis. Of the Net offer 2,18,400 (50.00%) allocated to NII 2,18,400 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 2,18,400 | 50.00% | 47.40% |
| Retail Shares Offered | 2,18,400 | 50.00% | 47.40% |
| Firm Reservations | |||
| Market Maker Shares Offered | 24,000 | 5.21% | |
| Total Shares Offered | 4,60,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,11,600 |
| Retail (Max) | 1 | 1,200 | ₹1,11,600 |
| HNI (Min) | 2 | 2,400 | ₹2,23,200 |
Incorporated in 2015, Bombay Metrics is engaged in the manufacturing of engineered goods and supply chain management services. The company also offers efficient services in advanced engineering, 3D scanning, rapid prototyping, flow simulation, project management, and quality management. The company is primarily focused on benefiting from the “Make in India” initiative by the GoI by aiding in developing supplier capabilities in India. The company helps its customers in the process of selecting the right manufacturing source and choose the right logistics partners for their operations.
The company has recently been awarded “Best Exporter of the Year” in the Small Business Awards 2021, “Most Trusted Exporter in Western India” by Topgallant Media for International Service Pride Awards 2021, and declared “Winner” at the India 5000 BEST MSME Awards 2021.
Competitive strengths
| 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 | Working Capital Requirements | 3.44 |
| 2 | General corporate purposes | 0.43 |
| 3 | Issue Expenses | 0.42 |
The Bombay Metrics Supply Chain IPO is subscribed 18.5 times on October 4, 2021 5:00:00 PM (Day 3). The public issue subscribed 20.69 times in the retail category, [.] times in the QIB category, and 16.3 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 16.3 | 2,18,400 | 35,60,400 |
| Retail | 20.69 | 2,18,400 | 45,19,200 |
| Total | 18.5 | 4,36,800 | 80,79,600 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs, etc) | 0.01 |
| 2 | Issue relating expenses such as fees to Lead manager Fixed Fee, Registrar to the Issue Legal Advisors, Auditors, Paper Advertisements and other expenses incurred/ to be incurred including promotional expenses | 0.30 |
| 3 | Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees, other regulatory expenses and sundry expenses | 0.11 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹93.00 |
| Open | ₹98.30 |
| Low | ₹98.30 |
| High | ₹103.20 |
| Last Trade | ₹103.20 |
Lead Manager Reports
Bombay Metrics Supply Chain IPO is a SME IPO of 4,60,800 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹93 per share. The minimum order quantity is 1200.
The IPO opens on Thu, Sep 30, 2021, and closes on Mon, Oct 4, 2021.
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 Bombay Metrics Supply Chain IPO using UPI as a payment gateway. Zerodha customers can apply in Bombay Metrics Supply Chain IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bombay Metrics Supply Chain IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bombay Metrics Supply Chain IPO opens on Thu, Sep 30, 2021 and closes on Mon, Oct 4, 2021.
Bombay Metrics Supply Chain IPO lot size is 1200, and the minimum amount required for application is ₹1,11,600.
You can apply in Bombay Metrics Supply Chain 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 Bombay Metrics Supply Chain IPO will be done on Thursday, October 7, 2021, and the allotted shares will be credited to your demat account by Mon, Oct 11, 2021. Check the Bombay Metrics Supply Chain IPO allotment status.
The Bombay Metrics Supply Chain IPO listing date is on Tue, Oct 12, 2021.
