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Felix Industries IPO is a fixed price issue of ₹4.79 crores. The issue is entirely a fresh issue of 0.14 crore shares of ₹4.79 crore.
Felix Industries IPO bidding started from Nov 23, 2017 and ended on Nov 27, 2017. The shares got listed on NSE SME on Dec 5, 2017.
Felix Industries IPO price is ₹35.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,80,000.
Monarch Networth Capital 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 Monarch Networth Capital Ltd..
Refer to Felix Industries IPO RHP for detailed Information.
| IPO Date | November 23, 2017 to November 27, 2017 |
| Listing Date | December 5, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 13,68,000 shares (aggregating up to ₹4.79 Cr) |
| Reserved for Market Maker | 72,000 shares Monarch Networth Capital Ltd. (aggregating up to ₹0.2520 Cr) |
| Net Offered to Public | 12,96,000 shares (aggregating up to ₹4.54 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 37,25,000 shares |
| Share Holding Post Issue | 50,93,000 shares |
Felix Industries IPO offers total 13,68,000 shares. Out of which 6,48,000 (47.37%) allocated to NII, 6,48,000 (47.37%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 72,000 (5.26%) |
| NII (HNI) Shares Offered | 6,48,000 (47.37%) |
| Retail Shares Offered | 6,48,000 (47.37%) |
| Total Shares Offered | 13,68,000 (100.00%) |
Felix Industries IPO opens on November 23, 2017, and closes on November 27, 2017.
| IPO Open Date | Thu, Nov 23, 2017 |
| IPO Close Date | Mon, Nov 27, 2017 |
| Tentative Listing Date | Tue, Dec 5, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Nov 27, 2017 |
Investors can bid for a minimum of 4,000 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 | 4,000 | ₹1,40,000 |
| Retail (Max) | 1 | 4,000 | ₹1,40,000 |
| HNI (Min) | 2 | 8,000 | ₹2,80,000 |
Incorporated in 2012, Felix Industries Ltd is Ahmedabad Gujrat based environmental conservation company with a vision of ‘Recycle-Reuse-Recover-Reduce’. The business segments of the company include Water and Waste Water Recycling, Industrial Piping, Nano Products (Membrane Technologies) and E-waste Recycling.
Felix through its water treatment division provides its services to industries such as steel, chemical, pharmaceutical, plastic, paper & pulp, leather, automotive, textile & dyes, food and dairy etc.
Felix is a government approved e-waste recycling company with a processing capacity of 6000 MT per year and it also has one of the largest recycling capacities in India. The E-Waste collected from pan India is processed at the company‘s plant located at Electronic Estate, Gandhinagar where activities like e-waste collection, storage, dismantling and segregation takes place.
The Go-Green concept of Felix Industries magnifies the basic idea of recycling the industrial effluent and reusing it, which provides maximum recovery and thus reduces the discharge of the waste water.
The Company Felix 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 | Building & Construction cost | 0.92 |
| 2 | Procurement of Machineries | 0.66 |
| 3 | Furniture and Fixtures | 0.36 |
| 4 | Working capital Requirements | 1.98 |
| 5 | General Corporate Purpose | 0.51 |
| 6 | Issue Expenses | 0.37 |
[Dilip Davda] Considering aggressive pricing of the issue and non-encouraging performance so far, there is no harm in giving this issue a miss. (Avoid). Read detail review...
| Listing Date | December 5, 2017 |
| BSE Script Code | |
| NSE Symbol | FELIX |
| ISIN | INE901X01013 |
| Final Issue Price | ₹35 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹35.50 |
| Low | ₹33.75 |
| High | ₹36.05 |
| Last Trade | ₹35.80 |
Felix Industries Ltd.
208, Devshruti Complex, Opp. Medisurge Hospital,
Nr. Mithakhali Cross Road,
Ellisbridge,
Ahmedabad, Gujarat, 380006
Phone: +91 79 26463658 / 59
Email: hena.shah@felixindustries.co
Website: http://www.felixindustries.co/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: hena.shah@felixindustries.co
Website: https://ipo.bigshareonline.com/IPO_Status.html
Felix Industries IPO is a SME IPO of 13,68,000 equity shares of the face value of ₹10 aggregating up to ₹4.79 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The IPO opens on November 23, 2017, and closes on November 27, 2017.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Felix Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Felix Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Felix Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Felix Industries IPO opens on November 23, 2017 and closes on November 27, 2017.
Felix Industries IPO lot size is 4000, and the minimum amount required for application is ₹1,40,000.
You can apply in Felix 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 Felix Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Felix Industries IPO allotment status.
The Felix Industries IPO listing date is on Tuesday, December 5, 2017.
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