Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Fri, Jul 25, 2014 - Wed, Jul 30, 2014
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Fri, Jul 25, 2014
IPO Close
Wed, Jul 30, 2014
Issue Price
₹15 per share
Market Cap (Pre-IPO)
₹10.66 Cr
| IPO Date | 25 to 30 Jul, 2014 |
| Listed on | Tue, Aug 12, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 33,12,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 1,68,000 shares Guiness Securities Ltd. (agg. up to ₹0.2520 Cr) |
| Fresh Issue (Ex Market Maker) | 31,44,000 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 31,44,000 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 38,02,500 shares |
| Share Holding Post Issue | 71,06,500 shares |
| BSE Script Code | 538579 |
| ISIN | INE641Q01019 |
Carewell Industries IPO comprises a total issue size of 33,04,000 shares. The net offer to the public is 31,36,000 shares, after excluding 1,68,000 shares allotted on a firm basis. Of the Net offer 15,68,000 (50.00%) allocated to NII 15,68,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 15,68,000 | 50.00% | 47.46% |
| Retail Shares Offered | 15,68,000 | 50.00% | 47.46% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,68,000 | 5.08% | |
| Total Shares Offered | 33,04,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| 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 |
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.
| 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 | Brand Building | 2.08 |
| 2 | Additional Working Capital Requirements | 2.40 |
| KPI | |
|---|---|
| RoNW | 0.02% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 39.05% | 20.89% |
| Market Cap | ₹10.66 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 fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.36 |
| 2 | Printing & Stationery, Postage Expenses and Marketing & Advertisement Expenses | 0.06 |
| 3 | Regulatory fees and other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹14.40 |
| Low | ₹13.65 |
| High | ₹14.40 |
| Last Trade | ₹13.65 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Carewell Industries IPO is a SME IPO of 33,12,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on Fri, Jul 25, 2014, and closes on Wed, Jul 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 Fri, Jul 25, 2014 and closes on Wed, Jul 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 Tue, Aug 12, 2014.
