Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Thu, Jun 29, 2017 - Mon, Jul 3, 2017
Gautam Exim IPO is a fixed price issue of ₹3.32 crores. The issue is entirely a fresh issue of 0.08 crore shares of ₹3.32 crore.
Gautam Exim IPO bidding started from Jun 29, 2017 and ended on Jul 3, 2017. The shares got listed on BSE SME on Jul 11, 2017.
Gautam Exim IPO price is ₹40 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
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 Pantomath Stock Brokers Pvt.Ltd..
Refer to Gautam Exim IPO RHP for detailed Information.
IPO Open
Thu, Jun 29, 2017
IPO Close
Mon, Jul 3, 2017
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹12.32 Cr
| IPO Date | 29 Jun to 3 Jul, 2017 |
| Listed on | Tue, Jul 11, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 8,31,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 45,000 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹0.1800 Cr) |
| Fresh Issue (Ex Market Maker) | 7,86,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 7,86,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 22,50,000 shares |
| Share Holding Post Issue | 30,81,000 shares |
| BSE Script Code | 540613 |
| ISIN | INE721X01015 |
Gautam Exim IPO comprises a total issue size of 8,31,000 shares. The net offer to the public is 7,86,000 shares, after excluding 45,000 shares allotted on a firm basis. Of the Net offer 3,93,000 (50.00%) allocated to NII 3,93,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 3,93,000 | 50.00% | 47.29% |
| Retail Shares Offered | 3,93,000 | 50.00% | 47.29% |
| Firm Reservations | |||
| Market Maker Shares Offered | 45,000 | 5.42% | |
| Total Shares Offered | 8,31,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Incorporated in 2005, Gautam Exim Limited imports and trades in industrial raw materials in India. The company offers recyclable waste paper, pulp, chemicals, metal scrap, etc. Those products are used by paper mills to manufacture Kraft papers, duplex boards, writing and printing papers, news prints, etc.; and chemical units to manufacture bulk drug intermediates, printing inks, etc.
Orders for these raw materials are procured from the paper mills and chemical manufacturing units and are placed through the Indenting agents of the foreign shippers/bailers as per the conditions/specification as detailed in these indents. Orders for chemical raw material from chemical manufactures are taken from these chemical units and placed directly on the shippers abroad. The shippers, as soon as they load the shipments, against GEL’s indents send the original documents on collection basis. Based on the Non-negotiable copies of Import documents received through mail from the shippers, the company enters into High Seas sale agreements for transfer of shipment document on high seas basis to its customers. The Company doesn't have any export obligation as currently it is not exporting any of its products. Import of these goods is majorly done from USA, UK, Europe, Middle East and Australia.
Competitive Strengths
1. Leveraging the experience and knowledge of Promoters
2. Relations with the Clients and Suppliers
3. Economies of Scale
| 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 | Working Capital Requirement | 2.42 |
| 2 | General corporate purposes | 0.35 |
The Gautam Exim IPO is subscribed [.] times on July 3, 2017 5:00:00 PM (Day 3). 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 |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.50 |
| 2 | Regulatory fees | 0.03 |
| 3 | Marketing and Other Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹40.00 |
| Low | ₹34.00 |
| High | ₹44.70 |
| Last Trade | ₹43.85 |
Lead Manager Reports
Gautam Exim IPO is a SME IPO of 8,31,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Thu, Jun 29, 2017, and closes on Mon, Jul 3, 2017.
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 Gautam Exim IPO using UPI as a payment gateway. Zerodha customers can apply in Gautam Exim IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Gautam Exim IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Gautam Exim IPO opens on Thu, Jun 29, 2017 and closes on Mon, Jul 3, 2017.
Gautam Exim IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Gautam Exim 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 Gautam Exim IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Gautam Exim IPO allotment status.
The Gautam Exim IPO listing date is on Tue, Jul 11, 2017.
