Bookbuilding IPO | ₹69 Cr | Listed at BSE, NSE | Mon, Jun 9, 2008 - Tue, Jun 17, 2008
First Winner Industries IPO is a book build issue of ₹68.75 crores. The issue is entirely a fresh issue of 0.55 crore shares of ₹68.75 crore.
First Winner Industries IPO bidding started from Jun 9, 2008 and ended on Jun 17, 2008. The shares got listed on BSE, NSE on Jul 8, 2008.
First Winner Industries IPO price band is set at ₹125 per share. The lot size for an application is 50. The minimum amount of investment required by an retail is ₹6,250 (50 shares) (based on upper price). The lot size investment for sNII is 33 lots (1,650 shares), amounting to ₹2,06,250, and for bNII, it is 161 lots (8,050 shares), amounting to ₹10,06,250.
The issue includes a reservation of up to 1,00,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Almondz Global Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to First Winner Industries IPO RHP for detailed Information.
IPO Open
Mon, Jun 9, 2008
IPO Close
Tue, Jun 17, 2008
Issue Price
₹125 per share
Market Cap (Pre-IPO)
₹221.66 Cr
| IPO Date | 9 to 17 Jun, 2008 |
| Listed on | Tue, Jul 8, 2008 |
| Face Value | ₹10 per share |
| Price Band | ₹115 to ₹125 |
| Issue Price | ₹125 per share |
| Lot Size | 50 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 55,00,043 shares (agg. up to ₹69 Cr) |
| Fresh Issue | 55,00,043 shares (agg. up to ₹69 Cr) |
| Share Holding Pre Issue | 1,22,32,750 shares |
| Share Holding Post Issue | 1,77,32,750 shares |
| BSE Script Code / NSE Symbol | 532996 / FIRSTWIN |
| ISIN | INE315J01015 |
First Winner Industries IPO comprises a total issue size of 55,00,000 shares. The net offer to the public is 54,00,000 shares, after excluding 1,00,000 shares under a preferential allotment. Of the Net offer 27,00,000 (50.00%) are allocated to QIB, 8,10,000 (15.00%) allocated to NII 18,90,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 27,00,000 | 50.00% | 49.09% | NA |
| NII (HNI) Shares Offered | 8,10,000 | 15.00% | 14.73% | NA |
| Retail Shares Offered | 18,90,000 | 35.00% | 34.36% | 37,800 |
| Preferential Reservations | ||||
| Employee Shares Offered | 1,00,000 | 1.82% | NA | |
| Total Shares Offered | 55,00,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 50 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹6,250 |
| Retail (Max) | 32 | 1,600 | ₹2,00,000 |
| S-HNI (Min) | 33 | 1,650 | ₹2,06,250 |
| S-HNI (Max) | 160 | 8,000 | ₹10,00,000 |
| B-HNI (Min) | 161 | 8,050 | ₹10,06,250 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 2003 First Winner Industries Ltd is engaged in the business of manufacturing & trading textile fabrics for wholesalers and apparel & garment manufacturers. Companies manufacturing facilities are located at MIDC, Tarapur, District Thane, Maharashtra and have around 100 installed looms.
Company has two subsidiaries as Ramshyam Textile Industries Limited and Realgold Exports Private Limited which are engaged in the same business. Both the subsidiaries are having manufacturing facilities at MIDC Tarapur, District Thane, Maharashtra.
| 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 an apparel manufacturing facility | 12.04 |
| 2 | Setting up of new Weaving Unit | 21.63 |
| 3 | Prepayment of Term Loan | 18.00 |
| 4 | General Corporate Purposes | 11.66 |
| 5 | Issue Expenses | 5.42 |
| Total | 68.75 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 59.96% | 41.36% |
| Market Cap | ₹221.66 Cr. |
The First Winner IPO is subscribed 1.26 times on June 17, 2008 5:00:00 PM (Day 7). The public issue subscribed 1.32 times in the retail category, 1.05 times in the QIB category, and 1.84 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management Fee | 1.03 |
| 2 | Registrars fees | 0.20 |
| 3 | Fees payable to Grading Agency for grading the Issue | 0.06 |
| 4 | Fee for Legal Counsel | 0.03 |
| 5 | Printing and Distribution of Issue Stationery | 0.90 |
| 6 | Advertising and Marketing expenses | 2.45 |
| 7 | Other expenses (stamp duty, initial listing fees, depository fees, charges for using the book building software of the exchanges and other related expenses) | 0.75 |
First Winner Industries Ltd IPO - Revised the price band
Date posted: 12 June 2008
Book Running Lead Manager to the issue has informed the Exchange that the Book Building issue of First Winner Industries Limited will close on Jun 17, 2008 instead of the earlier closing day on Jun 12, 2008. Further price band has revised from Rs.120 /- to Rs 130 /- per share to Rs 115 /- to Rs 125 /- per share.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹125.00 | ₹125.00 |
| Open | ₹125.00 | ₹110.00 |
| Low | ₹80.50 | ₹81.00 |
| High | ₹125.00 | ₹129.90 |
| Last Trade | ₹89.50 | ₹89.20 |
Lead Manager Reports
First Winner Industries IPO is a main-board IPO of 55,00,043 equity shares of the face value of ₹10 aggregating up to ₹69 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 50.
The IPO opens on Mon, Jun 9, 2008, and closes on Tue, Jun 17, 2008.
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 First Winner Industries IPO using UPI as a payment gateway. Zerodha customers can apply in First Winner Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in First Winner Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The First Winner Industries IPO opens on Mon, Jun 9, 2008 and closes on Tue, Jun 17, 2008.
First Winner Industries IPO lot size is 50, and the minimum amount required for application is ₹6,250.
You can apply in First Winner 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 First Winner Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the First Winner Industries IPO allotment status.
The First Winner Industries IPO listing date is on Tue, Jul 8, 2008.
