Fixed Price IPO | ₹12 Cr | Listed at BSE SME | Tue, Mar 12, 2013 - Thu, Mar 14, 2013
Bothra Metals IPO is a fixed price issue of ₹12.23 crores. The issue is a combination of fresh issue of 0.26 crore shares aggregating to ₹6.50 crores and offer for sale of 0.23 crore shares aggregating to ₹5.73 crores.
Bothra Metals IPO bidding started from Mar 12, 2013 and ended on Mar 14, 2013. The shares got listed on BSE SME on Mar 25, 2013.
Bothra Metals IPO price is ₹25 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹3,00,000.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Sharex Dynamic (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to Bothra Metals IPO RHP for detailed Information.
IPO Open
Tue, Mar 12, 2013
IPO Close
Thu, Mar 14, 2013
Issue Price
₹25 per share
Market Cap (Pre-IPO)
₹46.28 Cr
| IPO Date | 12 to 14 Mar, 2013 |
| Listed on | Mon, Mar 25, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 48,90,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 2,52,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.6300 Cr) |
| Fresh Issue (Ex Market Maker) | 23,46,000 shares (agg. up to ₹6 Cr) |
| Offer for Sale | 22,92,000 shares of ₹10 (agg. up to ₹6 Cr) |
| Net Offered to Public | 46,38,000 shares (agg. up to ₹12 Cr) |
| Share Holding Pre Issue | 1,59,18,640 shares |
| Share Holding Post Issue | 1,85,10,640 shares |
| BSE Script Code | 535279 |
| ISIN | INE583M01012 |
Bothra Metals IPO comprises a total issue size of 48,84,000 shares. The net offer to the public is 46,32,000 shares, after excluding 2,52,000 shares allotted on a firm basis. Of the Net offer 23,16,000 (50.00%) allocated to NII 23,16,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 23,16,000 | 50.00% | 47.42% |
| Retail Shares Offered | 23,16,000 | 50.00% | 47.42% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,52,000 | 5.16% | |
| Total Shares Offered | 48,84,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,50,000 |
| Retail (Max) | 1 | 6,000 | ₹1,50,000 |
| HNI (Min) | 2 | 12,000 | ₹3,00,000 |
Incorporated in 2001, Bothra Metals and Alloys Ltd is engaged in the business of manufacturing aluminium extrusions, aluminium profiles and aluminium billets for commercial, industrial and domestic applications.
Company offers a wide range of aluminum products including aluminium ingots, aluminium billets, aluminium shots and aluminum extrusion products like aluminium channels, aluminium sections, aluminium flat bars, aluminium tubes, etc. Company is also engaged in trading of aluminium scrap.
Company currently operates from three plants; viz. Kala-amb (Himachal Pradesh), Bhavnagar (Gujarat) and Sangli (Maharashtra). The main raw material for the products is aluminium ingots and aluminum scrap, which is sourced from India and abroad.
Aluminium extrusions manufactured by the Company are used in several applications, including heat sinks, heat exchangers, aluminium doors and window frames. Products provided by the Company is used in growing sectors of Indian economy, viz. Transport, Building and construction, Electrical & mechanical engineering, Packaging, Automobile, Beverage, and Marine. Poducts are also used in window and door frame systems, pre fabricated building structures, shop fronts, exterior and roofing claddings, curtain walling, etc.
| 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 | 6.00 |
| 2 | General Corporate Purpose | 0.31 |
| KPI | |
|---|---|
| RoNW | 18.5% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 53.16% | 61.82% |
| Market Cap | ₹46.28 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses | 0.28 |
| 2 | Regulatory Fees and other expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹25.50 |
| Low | ₹24.85 |
| High | ₹25.55 |
| Last Trade | ₹25.00 |
Sharex Dynamic (India) Pvt.Ltd.
Lead Manager Reports
Bothra Metals IPO is a SME IPO of 48,90,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on Tue, Mar 12, 2013, and closes on Thu, Mar 14, 2013.
Sharex Dynamic (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Bothra Metals IPO using UPI as a payment gateway. Zerodha customers can apply in Bothra Metals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bothra Metals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bothra Metals IPO opens on Tue, Mar 12, 2013 and closes on Thu, Mar 14, 2013.
Bothra Metals IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.
You can apply in Bothra Metals 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 Bothra Metals IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Bothra Metals IPO allotment status.
The Bothra Metals IPO listing date is on Mon, Mar 25, 2013.
