Filtra Consultants & Engineers IPO Details

Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Tue, Mar 24, 2015 - Mon, Mar 30, 2015

Filtra Consultants IPO Logo

Filtra Consultants IPO is a fixed price issue of ₹3.11 crores. The issue is entirely a fresh issue of 0.07 crore shares of ₹3.11 crore.

Filtra Consultants IPO bidding started from Mar 24, 2015 and ended on Mar 30, 2015. The shares got listed on BSE SME on Apr 15, 2015.

Filtra Consultants IPO price is ₹42 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,26,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,52,000.

Pantomath Capital Advisors Pvt.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 Choice Equity Broking Pvt.Ltd..

Refer to Filtra Consultants IPO RHP for detailed Information.

IPO Open

Tue, Mar 24, 2015

IPO Close

Mon, Mar 30, 2015

Issue Price

₹42 per share

Market Cap (Pre-IPO)

₹11.51 Cr

IPO Details

IPO Date24 to 30 Mar, 2015
Listed onWed, Apr 15, 2015
Face Value10 per share
Issue Price₹42 per share
Lot Size3,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size7,41,000 shares
(agg. up to ₹3 Cr)
Reserved for Market Maker
39,000 shares
(agg. up to ₹0.1638 Cr)
Choice Equity Broking Pvt.Ltd.
Fresh Issue
(Ex Market Maker)
7,02,000 shares
(agg. up to ₹3 Cr)
Net Offered to Public7,02,000 shares
(agg. up to ₹3 Cr)
Share Holding Pre Issue20,00,000 shares
Share Holding Post Issue27,41,000 shares
BSE Script Code 539098
ISININE541R01019

IPO Timetable

Issue Reservation

Filtra Consultants IPO comprises a total issue size of 7,41,000 shares. The net offer to the public is 7,02,000 shares, after excluding 39,000 shares allotted on a firm basis. Of the Net offer 3,51,000 (50.00%) allocated to NII 3,51,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 3,51,00050.00%47.37%
Retail Shares Offered 3,51,00050.00%47.37%
Firm Reservations
Market Maker Shares Offered 39,0005.26%
Total Shares Offered 7,41,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 3,000 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 3,000 ₹1,26,000
Retail (Max) 1 3,000 ₹1,26,000
HNI (Min) 2 6,000 ₹2,52,000
IPO Subscription Details

About Filtra Consultants & Engineers Ltd.

Filtra Consultants and Engineers Ltd (FCEL) is engaged in water treatment segment and provides strategic and technical support to OEMs for water treatment plants, RO plants and user of this plants. It also exports its products and does consultancy.

FCEL also acts as authorized distributors of manufacturers of components used in water treatment industry. The company is set to introduce new initiatives like Automatic water dispensers, Instruments with Data logging and SMS features, LED underwater lights etc.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Marketing activities like E-Commerce Platform and Digital Marketing by setting up of Kiosk 0.25
2 Working Capital Requirement 1.76
3 General Corporate Purpose 0.60
4 Issue Expenses 0.50

Key Performance Indicator (KPI)

KPI
RoNW33.28%
Pre IPOPost IPO
Promoter Holding100%72.97%
Market Cap11.51 Cr.
The promoters of the company are:1. Mr Ketan Khant
2. Mrs Anjali Khant
3. Mr Ashfak Mulla

IPO Review

[Dilip Davda]
Although pricing looks aggressive, considering rising importance of water treatments and bright prospects ahead for this industry, this IPO may be considered for long term investment.
Read detail review...

Filtra Consultants IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members0000

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.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Maker, Bankers etc 0.38
2 Regulatory fees 0.05
3 Marketing and Other Expenses 0.07

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price42.00
Open42.80
Low42.80
High44.90
Last Trade44.90

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Filtra Consultants & Engineers Ltd. Address
1501, Synergy Business Park,
Sahkar Wadi,
Goregaon East, Mumbai - 400063
Goregaon, Maharashtra
Open an Instant Account with Zerodha

IPO FAQs

Filtra Consultants IPO is a SME IPO of 7,41,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹42 per share. The minimum order quantity is 3000.

The IPO opens on Tue, Mar 24, 2015, and closes on Mon, Mar 30, 2015.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Filtra Consultants IPO using UPI as a payment gateway. Zerodha customers can apply in Filtra Consultants IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Filtra Consultants IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Filtra Consultants IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Filtra Consultants IPO opens on Tue, Mar 24, 2015 and closes on Mon, Mar 30, 2015.

Filtra Consultants IPO lot size is 3000, and the minimum amount required for application is ₹1,26,000.

You can apply in Filtra Consultants 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 Filtra Consultants IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Filtra Consultants IPO allotment status.

The Filtra Consultants IPO listing date is on Wed, Apr 15, 2015.

Compare: