Fixed Price IPO | ₹16 Cr | Listed at BSE SME | Mon, Jul 27, 2015 - Thu, Jul 30, 2015
Emkay Taps IPO is a fixed price issue of ₹15.55 crores. The issue is entirely an offer for sale of 0.05 crore shares of ₹15.55 crore.
Emkay Taps IPO bidding started from Jul 27, 2015 and ended on Jul 30, 2015. The shares got listed on BSE SME on Aug 31, 2015.
Emkay Taps IPO price is ₹330 per share. The lot size for an application is 400. The minimum amount of investment required by an individual investor (retail) is ₹1,32,000 (400 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (800 shares), amounting to ₹2,64,000.
Hem Securities 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 Hem Finlease Pvt.Ltd..
Refer to Emkay Taps IPO RHP for detailed Information.
IPO Open
Mon, Jul 27, 2015
IPO Close
Thu, Jul 30, 2015
Issue Price
₹330 per share
Market Cap (Pre-IPO)
₹58.69 Cr
| IPO Date | 27 to 30 Jul, 2015 |
| Listed on | Mon, Aug 31, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹330 per share |
| Lot Size | 400 Shares |
| Sale Type | OFS only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 4,71,200 shares (agg. up to ₹16 Cr) |
| Reserved for Market Maker | 24,000 shares Hem Finlease Pvt.Ltd. (agg. up to ₹0.7920 Cr) |
| Offer for Sale | 4,47,200 shares of ₹10 (agg. up to ₹15 Cr) |
| Net Offered to Public | 4,47,200 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 17,78,550 shares |
| Share Holding Post Issue | 17,78,550 shares |
| BSE Script Code | EMKAYTOOLS |
| ISIN | INE332S01011 |
Emkay Taps IPO comprises a total issue size of 4,71,200 shares. The net offer to the public is 4,47,200 shares, after excluding 24,000 shares allotted on a firm basis. Of the Net offer 2,23,600 (50.00%) allocated to NII 2,23,600 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 2,23,600 | 50.00% | 47.45% |
| Retail Shares Offered | 2,23,600 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 24,000 | 5.09% | |
| Total Shares Offered | 4,71,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 400 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹1,32,000 |
| Retail (Max) | 1 | 400 | ₹1,32,000 |
| HNI (Min) | 2 | 800 | ₹2,64,000 |
Incorporated in 1995, Emkay Taps and Cutting Tools Limited is Nagpur based manufacturer of machine tools, auto component and cutting tools. Emkay Taps also involve in power generation through its wind mills in Rajasthan and Karnataka.
Company is specialized in cutting tool designs and production and have clients from India as well as US.
| Period Ended |
|---|
| Amount in ₹ Crore |
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, underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses | 0.35 |
| 2 | Printing & Stationery, Distribution, Postage etc | 0.03 |
| 3 | Advertising and Marketing Expenses | 0.02 |
| 4 | Listing Fees | 0.01 |
| 5 | Advisory Fee | 0.05 |
| 6 | Regulatory Fees and expenses | 0.02 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹330.00 |
| Open | ₹334.00 |
| Low | ₹332.00 |
| High | ₹335.50 |
| Last Trade | ₹333.05 |
Lead Manager Reports
Emkay Taps IPO is a SME IPO of 4,71,200 equity shares of the face value of ₹10 aggregating up to ₹16 Crores. The issue is priced at ₹330 per share. The minimum order quantity is 400.
The IPO opens on Mon, Jul 27, 2015, and closes on Thu, Jul 30, 2015.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Emkay Taps IPO using UPI as a payment gateway. Zerodha customers can apply in Emkay Taps IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Emkay Taps IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Emkay Taps IPO opens on Mon, Jul 27, 2015 and closes on Thu, Jul 30, 2015.
Emkay Taps IPO lot size is 400, and the minimum amount required for application is ₹1,32,000.
You can apply in Emkay Taps 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 Emkay Taps IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Emkay Taps IPO allotment status.
The Emkay Taps IPO listing date is on Mon, Aug 31, 2015.
