Bookbuilding IPO | ₹157 Cr | Listed at BSE, NSE | Mon, Dec 4, 2006 - Fri, Dec 8, 2006
Ess Dee Aluminium IPO is a book build issue of ₹156.73 crores. The issue is entirely a fresh issue of 0.70 crore shares of ₹156.73 crore.
Ess Dee Aluminium IPO bidding started from Dec 4, 2006 and ended on Dec 8, 2006. The shares got listed on the NSE and the BSE on Dec 28, 2006.
Ess Dee Aluminium IPO is set final issue price at ₹225 per share. The lot size for an application is 25 shares. The minimum amount of investment required by an individual investor (retail) is ₹5,625 (25 shares) (based on upper price). The lot size investment for sNII is 36 lots (900 shares), amounting to ₹2,02,500, and for bNII, it is 178 lots (4,450 shares), amounting to ₹10,01,250.
UTI Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Ess Dee Aluminium IPO RHP for detailed Information.
IPO Open
Mon, Dec 4, 2006
IPO Close
Fri, Dec 8, 2006
Issue Price
₹225 per share
Market Cap (Pre-IPO)
₹594.20 Cr
| IPO Date | 4 to 8 Dec, 2006 |
| Listed on | Thu, Dec 28, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹200 to ₹225 |
| Issue Price | ₹225 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 69,65,878 shares (agg. up to ₹157 Cr) |
| Fresh Issue | 69,65,878 shares (agg. up to ₹157 Cr) |
| Share Holding Pre Issue | 1,94,48,887 shares |
| Share Holding Post Issue | 2,64,08,887 shares |
| BSE Script Code / NSE Symbol | 532787 / ESSDEE |
| ISIN | INE825H01017 |
Ess Dee Aluminium IPO comprises a total issue size of 69,60,000 shares. The net offer to the public is 68,10,000 shares, after excluding 1,50,000 shares under a preferential allotment. Of the Net offer 34,05,000 (50.00%) are allocated to QIB, 10,21,500 (15.00%) allocated to NII 23,83,500 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 34,05,000 | 50.00% | 48.92% | NA |
| NII (HNI) Shares Offered | 10,21,500 | 15.00% | 14.68% | NA |
| Retail Shares Offered | 23,83,500 | 35.00% | 34.25% | 95,340 |
| Preferential Reservations | ||||
| Employee Shares Offered | 1,50,000 | 2.16% | NA | |
| Total Shares Offered | 69,60,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 25 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹5,625 |
| Retail (Max) | 35 | 875 | ₹1,96,875 |
| S-HNI (Min) | 36 | 900 | ₹2,02,500 |
| S-HNI (Max) | 177 | 4,425 | ₹9,95,625 |
| B-HNI (Min) | 178 | 4,450 | ₹10,01,250 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Ess Dee Aluminium is in the business of cold rolling of aluminium "foil stock" to aluminium foil, which is further converted into "printers stock" through the process of lamination for strip pack or coating for blister pack. Ess Dee Aluminium also manufacture thermoforming poly vinyl chloride films (Rigid PVC films) as well as PVdC coated PVC barrier thermoforming films for blister packaging. Ess Dee Aluminium provide end-to-end packaging solutions to the pharmaceutical sector.
Plants:
1. Ess Dee Aluminium at Bhimpore, Daman;
2. Ess Dee Aluminium at Kundaim at Goa;
3. Ess Dee Aluminium also have a subsidiary company namely Flex Art Foil Private Limited (FAFPL), which is in the business of printing aluminum foil based packaging products. FAFPL has four units across the country located in proximity to the pharmaceutical manufacturing hubs.
| Period Ended | 30 Sep 2006 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Assets | 67.30 | 35.56 | 7.50 |
| Total Income | 48.00 | 63.54 | 8.20 |
| Profit After Tax | 8.96 | 9.78 | -0.31 |
| NET Worth | 47.14 | 17.38 | 1.20 |
| Reserves and Surplus | 8.88 | 9.47 | -0.31 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting-up of additional manufacturing facilities for aluminium foil based packaging products at Daman | 1,147.91 |
| 2 | General Corporate Purposes | |
| 3 | Meeting the Public Issue Expenses | |
| Total | 1,147.91 |
| KPI | Mar 31, 2006 |
|---|---|
| RoNW | 56.28% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 87.75% | 64.62% |
| Market Cap | ₹594.20 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.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹225.00 | ₹225.00 |
| Open | ₹260.00 | ₹265.00 |
| Low | ₹235.25 | ₹235.10 |
| High | ₹261.90 | ₹265.00 |
| Last Trade | ₹238.45 | ₹238.30 |
Lead Manager Reports
Ess Dee Aluminium IPO is a main-board IPO of 69,65,878 equity shares of the face value of ₹10 aggregating up to ₹157 Crores. The issue is priced at ₹225 per share. The minimum order quantity is 25.
The IPO opens on Mon, Dec 4, 2006, and closes on Fri, Dec 8, 2006.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Ess Dee Aluminium IPO using UPI as a payment gateway. Zerodha customers can apply in Ess Dee Aluminium IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ess Dee Aluminium IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ess Dee Aluminium IPO opens on Mon, Dec 4, 2006 and closes on Fri, Dec 8, 2006.
Ess Dee Aluminium IPO lot size is 25, and the minimum amount required for application is ₹5,625.
You can apply in Ess Dee Aluminium 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 Ess Dee Aluminium IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ess Dee Aluminium IPO allotment status.
The Ess Dee Aluminium IPO listing date is on Thu, Dec 28, 2006.
