Fixed Price IPO | ₹11 Cr | Listed at BSE SME | Fri, Jan 18, 2013 - Tue, Jan 22, 2013
Esteem Bio Organic IPO is a fixed price issue of ₹11.30 crores. The issue is entirely a fresh issue of 0.45 crore shares of ₹11.30 crore.
Esteem Bio Organic IPO bidding started from Jan 18, 2013 and ended on Jan 22, 2013. The shares got listed on BSE SME on Feb 7, 2013.
Esteem Bio Organic 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.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Guiness Securities Ltd..
Refer to Esteem Bio Organic IPO RHP for detailed Information.
IPO Open
Fri, Jan 18, 2013
IPO Close
Tue, Jan 22, 2013
Issue Price
₹25 per share
Market Cap (Pre-IPO)
₹37.25 Cr
| IPO Date | 18 to 22 Jan, 2013 |
| Listed on | Thu, Feb 7, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 45,18,000 shares (agg. up to ₹11 Cr) |
| Reserved for Market Maker | 7,50,000 shares Guiness Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 37,68,000 shares (agg. up to ₹9 Cr) |
| Net Offered to Public | 37,68,000 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 1,04,00,000 shares |
| Share Holding Post Issue | 1,49,00,000 shares |
| BSE Script Code | 534927 |
| ISIN | INE209O01028 |
Esteem Bio Organic IPO comprises a total issue size of 45,00,000 shares. The net offer to the public is 37,50,000 shares, after excluding 7,50,000 shares allotted on a firm basis. Of the Net offer 18,75,000 (50.00%) allocated to NII 18,75,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 18,75,000 | 50.00% | 41.67% |
| Retail Shares Offered | 18,75,000 | 50.00% | 41.67% |
| Firm Reservations | |||
| Market Maker Shares Offered | 7,50,000 | 16.67% | |
| Total Shares Offered | 45,00,000 | 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 1995, Esteem Bio Organic Food Processing Ltd is engaged in to agriculture operations. Company cultivates wheat, paddy, sugar cane, fruits, vegetables, flowers and also engaged in wood plantation. Esteem Bio have an integrated facility of cultivation, processing and distribution of agriculture commodities.
Company has especial focus on organic farming for its horticulture segment of farming, wherein it use bio-agri inputs such as Bio-Pesticides and Bio-Fertilizers.
Esteem Bio has farms spread over 295.80 Acres in Uttarakhand where company cultivates wheat, paddy, pulses, sugar cane and vegetables. They are also equipped with orchard of Mango, Guava, Pomegranate and various kinds of flowers predominantly Roses. Company also engage in wood plantation viz. Poplar, Eucalyptus, Kadam, Mentha and Bamboos.
| 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 | Setting up of Shade Net Cultivation facility | 3.80 |
| 2 | Development of Farm land for transition to Organic Farming | 5.65 |
| 3 | Procurement of farm tools and equipments | 0.30 |
| 4 | Brand Building and General Corporate purposes | 0.80 |
| 5 | Issue Expenses | 0.70 |
| KPI | |
|---|---|
| RoNW | 34.38% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 29.51% | 20.6% |
| Market Cap | ₹37.25 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 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.45 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.10 |
| 3 | Advertisement & Marketing Expenses | 0.10 |
| 4 | Regulatory & other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹25.25 |
| Low | ₹25.25 |
| High | ₹26.50 |
| Last Trade | ₹26.50 |
Lead Manager Reports
Esteem Bio Organic IPO is a SME IPO of 45,18,000 equity shares of the face value of ₹10 aggregating up to ₹11 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on Fri, Jan 18, 2013, and closes on Tue, Jan 22, 2013.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Esteem Bio Organic IPO using UPI as a payment gateway. Zerodha customers can apply in Esteem Bio Organic IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Esteem Bio Organic IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Esteem Bio Organic IPO opens on Fri, Jan 18, 2013 and closes on Tue, Jan 22, 2013.
Esteem Bio Organic IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.
You can apply in Esteem Bio Organic 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 Esteem Bio Organic IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Esteem Bio Organic IPO allotment status.
The Esteem Bio Organic IPO listing date is on Thu, Feb 7, 2013.
