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Carewell Industries IPO is a fixed price issue of ₹4.97 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹4.97 crore.
Carewell Industries IPO bidding started from Jul 25, 2014 and ended on Jul 30, 2014. The shares got listed on BSE SME on Aug 12, 2014.
Carewell Industries IPO price is ₹15.00 per share . The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (8000 shares). The minimum lot size investment for HNI is 2 lots (16,000 shares), amounting to ₹2,40,000.
Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Carewell Industries IPO RHP for detailed Information.
| IPO Date | July 25, 2014 to July 30, 2014 |
| Listing Date | August 12, 2014 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 33,12,000 shares (aggregating up to ₹4.97 Cr) |
| Reserved for Market Maker | 1,68,000 shares Guiness Securities Ltd. (aggregating up to ₹0.2520 Cr) |
| Net Offered to Public | 31,44,000 shares (aggregating up to ₹4.72 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 38,02,500 shares |
| Share Holding Post Issue | 71,06,500 shares |
Carewell Industries IPO offers total 33,04,000 shares. Out of which 15,68,000 (47.46%) allocated to NII, 15,68,000 (47.46%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,68,000 (5.08%) |
| NII (HNI) Shares Offered | 15,68,000 (47.46%) |
| Retail Shares Offered | 15,68,000 (47.46%) |
| Total Shares Offered | 33,04,000 (100.00%) |
Carewell Industries IPO opens on July 25, 2014, and closes on July 30, 2014.
| IPO Open Date | Fri, Jul 25, 2014 |
| IPO Close Date | Wed, Jul 30, 2014 |
| Tentative Listing Date | Tue, Aug 12, 2014 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jul 30, 2014 |
Investors can bid for a minimum of 8,000 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 | 8,000 | ₹1,20,000 |
| Retail (Max) | 1 | 8,000 | ₹1,20,000 |
| HNI (Min) | 2 | 16,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Carewell Industries Ltd is engaged in marketing the mosquito repellent coils under the brand "ROOSTER". It is also engaged in the marketing of incense sticks (agarbattis) in the brand name "Deo" and "Samraj".
CIL gets products manufactured from third party manufacturers under its own brand and market it through the network of dealers and distributors. Currently, its products are sold in South India. They provide value for money coils primarily focusing on Household Insecticides Products.
| KPI | Values |
|---|---|
| RoNW | 0.02% |
The Company Carewell 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 | Brand Building | 2.08 |
| 2 | Additional Working Capital Requirements | 2.40 |
| 3 | Public Issue Expenses | 0.47 |
[Dilip Davda] <p> </p> <p style="margin: 1em 0in; text-align: justify; line-height: 15pt;"><strong><span style="color: black; font-family: 'Verdana','sans-serif'; font-size: 9pt;">Remark: Avoid this costly bet that also has entry barriers.</span></strong></p> Read detail review...
| Listing Date | August 12, 2014 |
| BSE Script Code | 538579 |
| NSE Symbol | |
| ISIN | INE641Q01019 |
| Final Issue Price | ₹15 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹14.40 |
| Low | ₹13.65 |
| High | ₹14.40 |
| Last Trade | ₹13.65 |
Carewell Industries Ltd.
F2, Sindur Pantheon Plaza,
4th Floor, 346 Pantheon Rd,
Egmore, Chennai – 600 008
Chennai, Tamil Nadu
Phone: +91 44 4355 5227
Email: carewellindustrieslimited@gmail.com
Website: http://www.carewellindustriesltd.com
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query
Carewell Industries IPO is a SME IPO of 33,12,000 equity shares of the face value of ₹10 aggregating up to ₹4.97 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on July 25, 2014, and closes on July 30, 2014.
Purva Sharegistry (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 Carewell Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Carewell Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Carewell Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Carewell Industries IPO opens on July 25, 2014 and closes on July 30, 2014.
Carewell Industries IPO lot size is 8000, and the minimum amount required for application is ₹1,20,000.
You can apply in Carewell 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 Carewell Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Carewell Industries IPO allotment status.
The Carewell Industries IPO listing date is on Tuesday, August 12, 2014.
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