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Fiem Industries IPO is a book build issue .
Fiem Industries IPO bidding started from Sep 21, 2006 and ended on Sep 27, 2006. The shares got listed on BSE, NSE on Oct 19, 2006.
Fiem Industries IPO price band is set at ₹137.00 per share .
IL&FS Investsmart Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Fiem Industries IPO RHP for detailed Information.
| IPO Date | September 21, 2006 to September 27, 2006 |
| Listing Date | October 19, 2006 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹125 to ₹145 per share |
| Issue Price Final | ₹137 per share |
| Lot Size | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 77,58,160 shares |
| Share Holding Post Issue | 1,18,58,160 shares |
Fiem Industries IPO opens on September 21, 2006, and closes on September 27, 2006.
| IPO Open Date | Thu, Sep 21, 2006 |
| IPO Close Date | Wed, Sep 27, 2006 |
| Tentative Listing Date | Thu, Oct 19, 2006 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Sep 27, 2006 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Fiem Industries Limited was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989 in New Delhi. The name of the Company was changed to FIEM Industries Private Limited in May 1992.
FIEM is manufacturer of automotive lighting, signaling equipments and rear view mirrors. The Company has a range of two-wheeler lighting systems and rear view mirrors. Its products portfolio ranging from rear view mirrors, head lamps, tail lamps, roof lamps, wheel covers, warning triangle, complete rear fender assembly, frame assembly, mudguards and various sheet metal and plastic parts caters to the needs of almost all segments of automobile industry. The Company's customer base includes TVS Motor Co. Ltd., Honda Motorcycle & Scooter India P. Ltd., Suzuki Motorcycle P. Ltd., General Motors India Ltd., Aspock Systems (Austria) and Piaggio (Italy). The Company had entered into a Memorandum of Understanding, on September 16, 2005, with Aspock Holding Gmbh, Austria for entering into a joint venture agreement to manufacture, assemble and sell wiring harness and automotive lighting equipments and components.
| KPI | Values |
|---|---|
| RoNW | 27.05% |
The Company Fiem 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 | New projects / expansion plans | 40.68 |
| 2 | Repayment of Term loan from Standard Chartered Bank to the extent availed for the purposes of the new projects / expansion plans | 8.42 |
| 3 | Margin Money for working capital | 5.00 |
| 4 | General Corporate purposes | 7.74 |
| 5 | Issue expenses | 4.80 |
| Listing Date | October 19, 2006 |
| BSE Script Code | 532768 |
| NSE Symbol | FIEMIND |
| ISIN | INE737H01014 |
| Final Issue Price | ₹137 per share |
Fiem Industries Ltd.
Fiem Industries Limited,
D-34, DSIDC Packaging Complex,
Kirti Nagar, New Delhi – 110 015, India.
Delhi, New Delhi
Phone: +91 11 2592 7919 / 7820
Email: investor@fiemindustries.com
Website: http://www.fiemauto.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email:
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Fiem Industries IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at ₹137 per share. The minimum order quantity is .
The IPO opens on September 21, 2006, and closes on September 27, 2006.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Fiem Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Fiem Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Fiem Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Fiem Industries IPO opens on September 21, 2006 and closes on September 27, 2006.
Fiem Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Fiem 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 Fiem Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Fiem Industries IPO allotment status.
The Fiem Industries IPO listing date is on Thursday, October 19, 2006.
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