Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Thu, Nov 23, 2017 - Mon, Nov 27, 2017
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Nov 23, 2017
IPO Close
Mon, Nov 27, 2017
Issue Price
₹35 per share
Market Cap (Pre-IPO)
₹17.83 Cr
| IPO Date | 23 to 27 Nov, 2017 |
| Listed on | Tue, Dec 5, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 13,68,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 72,000 shares Monarch Networth Capital Ltd. (agg. up to ₹0.2520 Cr) |
| Fresh Issue (Ex Market Maker) | 12,96,000 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 12,96,000 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 37,25,000 shares |
| Share Holding Post Issue | 50,93,000 shares |
| NSE Symbol | FELIX |
| ISIN | INE901X01013 |
Felix Industries IPO comprises a total issue size of 13,68,000 shares. The net offer to the public is 12,96,000 shares, after excluding 72,000 shares allotted on a firm basis. Of the Net offer 6,48,000 (50.00%) allocated to NII 6,48,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,48,000 | 50.00% | 47.37% |
| Retail Shares Offered | 6,48,000 | 50.00% | 47.37% |
| Firm Reservations | |||
| Market Maker Shares Offered | 72,000 | 5.26% | |
| Total Shares Offered | 13,68,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| 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.
| 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 | 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 |
The Felix Industries IPO is subscribed [.] times on November 27, 2017 5:00:00 PM (Day 2). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| Total | [.] | 13,68,000 | 69,40,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages | 0.31 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.02 |
| 3 | Advertisement & Marketing Expenses | 0.02 |
| 4 | Regulatory expenses and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.05 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹35.50 |
| Low | ₹33.75 |
| High | ₹36.05 |
| Last Trade | ₹35.80 |
Lead Manager Reports
Felix Industries IPO is a SME IPO of 13,68,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The IPO opens on Thu, Nov 23, 2017, and closes on Mon, Nov 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 Thu, Nov 23, 2017 and closes on Mon, Nov 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 Tue, Dec 5, 2017.
