Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Mon, Aug 31, 2015 - Thu, Sep 3, 2015
H.K.Trade International IPO is a fixed issue price of ₹2.29 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹2.29 crore.
H.K.Trade International IPO bidding started from Aug 31, 2015 and ended on Sep 3, 2015. The shares got listed on the BSE SME on Sep 14, 2015.
H.K.Trade International IPO is set final issue price at ₹18 per share. The lot size for an application is 8,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,44,000 (8000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (16,000 shares), amounting to ₹2,88,000.
Intensive Fiscal Services Pvt.Ltd. is the book running lead manager and Sharex Dynamic (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is K.M.Jain Stock Brokers Pvt.Ltd.
Refer to H.K.Trade International IPO RHP for detailed Information.
IPO Open
Mon, Aug 31, 2015
IPO Close
Thu, Sep 3, 2015
Issue Price
₹18 per share
Market Cap*
₹4.82 Cr
* on Listing Day Closing Price| IPO Date | 31 Aug to 3 Sep, 2015 |
| Listed on | Mon, Sep 14, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹18 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 12,72,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 1,36,000 shares K.M.Jain Stock Brokers Pvt.Ltd. (agg. up to ₹0.2448 Cr) |
| Fresh Issue (Ex Market Maker) | 11,36,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 11,36,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 13,60,000 shares |
| Share Holding Post Issue | 26,32,000 shares |
| BSE Script Code | 539337 |
| ISIN | INE725P01012 |
H.K.Trade International IPO comprises a total issue size of 12,72,000 shares. The net offer to the public is 11,36,000 shares, after excluding 1,36,000 shares allotted on a firm basis. Of the Net offer 5,68,000 (50.00%) allocated to NII 5,68,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,68,000 | 50.00% | 44.65% |
| Retail Shares Offered | 5,68,000 | 50.00% | 44.65% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,36,000 | 10.69% | |
| Total Shares Offered | 12,72,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹1,44,000 |
| Retail (Max) | 1 | 8,000 | ₹1,44,000 |
| HNI (Min) | 2 | 16,000 | ₹2,88,000 |
H K Trade International Ltd (HKTIL) is into the business of manufacturing and supplying of adhesive tapes and synthetic paper (teslin papers) from jumbo rolls of adhesive tapes and synthetic paper (teslin) respectively. It operates as an important intermediary in the packing material supply chain, whereby the company purchases materials such as tapes, labels, papers, etc., in the roll form which is further cut and repacked into smaller rolls.
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Emkay Taps & Cutting Tools Ltd. | SME | ₹15.55 Cr | ₹330 | null | ₹333.05 | +0.92% | ₹93.50 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Long term working capital requirement. | 1.56 |
| 2 | General Corporate Expenses. | 0.50 |
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 100% | 51.67% |
| Public | 48.33% | |
| Total | 100% | 100% |
Company Promoter: Mahesh Mehta
The H.K.Trade International IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | 1.46 | 11,36,000 | 16,56,000 | 117 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Bankers, market making fees, selling commissions, underwriting commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers, etc and other out of pocket expenses | 0.13 |
| 2 | Printing and Stationery and postage expenses | 0.02 |
| 3 | Advertising and Marketing expenses | 0.04 |
| 4 | Regulatory fees and expenses | 0.03 |
| 5 | Other Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹18.00 |
| Open | ₹18.45 |
| Low | ₹18.00 |
| High | ₹18.45 |
| Last Trade | ₹18.30 |
Lead Manager Reports
H.K.Trade International IPO is a SME IPO of 12,72,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹18 per share. The minimum order quantity is 8000.
The IPO opens on Mon, Aug 31, 2015, and closes on Thu, Sep 3, 2015.
Sharex Dynamic (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in H.K.Trade International IPO using UPI as a payment gateway. Zerodha customers can apply in H.K.Trade International IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in H.K.Trade International IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The H.K.Trade International IPO opens on Mon, Aug 31, 2015 and closes on Thu, Sep 3, 2015.
H.K.Trade International IPO lot size is 8000, and the minimum amount required for application is ₹1,44,000.
You can apply in H.K.Trade International 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 H.K.Trade International IPO will be done on Tuesday, September 8, 2015, and the allotted shares will be credited to your demat account by . Check the H.K.Trade International IPO allotment status.
The H.K.Trade International IPO listing date is on Mon, Sep 14, 2015.
