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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 ₹93.00 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). The minimum lot size investment for 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 Date | September 30, 2021 to October 4, 2021 |
| Listing Date | October 12, 2021 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹93 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 4,60,800 shares (aggregating up to ₹4.29 Cr) |
| Reserved for Market Maker | 24,000 shares Rikhav Securities Ltd. (aggregating up to ₹0.2232 Cr) |
| Net Offered to Public | 4,36,800 shares (aggregating up to ₹4.06 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 36,11,440 shares |
| Share Holding Post Issue | 15,39,240 shares |
Bombay Metrics Supply Chain IPO offers total 4,60,800 shares. Out of which 2,18,400 (47.40%) allocated to NII, 2,18,400 (47.40%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 24,000 (5.21%) |
| NII (HNI) Shares Offered | 2,18,400 (47.40%) |
| Retail Shares Offered | 2,18,400 (47.40%) |
| Total Shares Offered | 4,60,800 (100.00%) |
Bombay Metrics Supply Chain IPO opens on September 30, 2021, and closes on October 4, 2021.
| IPO Open Date | Thu, Sep 30, 2021 |
| IPO Close Date | Mon, Oct 4, 2021 |
| Tentative Allotment | Thu, Oct 7, 2021 |
| Initiation of Refunds | Fri, Oct 8, 2021 |
| Credit of Shares to Demat | Mon, Oct 11, 2021 |
| Tentative Listing Date | Tue, Oct 12, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Oct 4, 2021 |
Investors can bid for a minimum of 1,200 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 | 1,200 | ₹1,11,600 |
| Retail (Max) | 1 | 1,200 | ₹1,11,600 |
| HNI (Min) | 2 | 2,400 | ₹2,23,200 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | 31-Mar-19 | ||
| Total Assets | 155.79 | 90.84 | 77.87 | 37.72 | |
| Total Revenue | 324.12 | 299.34 | 200.27 | 76.40 | |
| Profit After Tax | 13.02 | 13.94 | 9.34 | 4.40 | |
The Company Bombay Metrics Supply Chain 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 | Working Capital Requirements | 3.44 |
| 2 | General corporate purposes | 0.43 |
| 3 | Issue Expenses | 0.42 |
[Dilip Davda] Based on the financial parameters, the issue appears reasonably priced. The only major concern is the lion share of orders from only one customer. If anything goes wrong with this customer, the company will be in the doldrums. Its future prospects hinge on the addition of new customers. Considering this, only cash surplus/risk seekers may consider moderate investment for the medium term. Read detail review...
| Listing Date | October 12, 2021 |
| BSE Script Code | |
| NSE Symbol | BMETRICS |
| ISIN | INE0I3Y01014 |
| Final Issue Price | ₹93 per share |
| BSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹93.00 |
| Open | ₹98.30 |
| Low | ₹98.30 |
| High | ₹103.20 |
| Last Trade | ₹103.20 |
Bombay Metrics Supply Chain Ltd.
201/Quantum Towers,
Ram Baug lane, Near Chincholi Petrol Pump,
S.V.Road, Malad (West),
Mumbai, Maharashtra, 400064
Phone: +(91)-(22)- 40120561
Email: cs@bombaymetrics.com
Website: https://bombaymetrics.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Bombay Metrics Supply Chain IPO is a SME IPO of 4,60,800 equity shares of the face value of ₹10 aggregating up to ₹4.29 Crores. The issue is priced at ₹93 per share. The minimum order quantity is 1200.
The IPO opens on September 30, 2021, and closes on October 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 September 30, 2021 and closes on October 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 Monday, October 11, 2021. Check the Bombay Metrics Supply Chain IPO allotment status.
The Bombay Metrics Supply Chain IPO listing date is on Tuesday, October 12, 2021.
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