Fixed Price IPO | ₹16 Cr | Listed at BSE SME | Fri, Mar 1, 2013 - Tue, Mar 5, 2013
HPC Biosciences IPO is a fixed price issue of ₹15.96 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹15.96 crore.
HPC Biosciences IPO bidding started from Mar 1, 2013 and ended on Mar 5, 2013. The shares got listed on BSE SME on Mar 19, 2013.
HPC Biosciences IPO price is ₹35 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,80,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Narayan Securities Ltd..
Refer to HPC Biosciences IPO RHP for detailed Information.
IPO Open
Fri, Mar 1, 2013
IPO Close
Tue, Mar 5, 2013
Issue Price
₹35 per share
Market Cap (Pre-IPO)
₹55.65 Cr
| IPO Date | 1 to 5 Mar, 2013 |
| Listed on | Tue, Mar 19, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 45,60,000 shares (agg. up to ₹16 Cr) |
| Reserved for Market Maker | 2,32,000 shares Narayan Securities Ltd. (agg. up to ₹0.8120 Cr) |
| Fresh Issue (Ex Market Maker) | 43,28,000 shares (agg. up to ₹15 Cr) |
| Net Offered to Public | 43,28,000 shares (agg. up to ₹15 Cr) |
| Share Holding Pre Issue | 1,14,00,000 shares |
| Share Holding Post Issue | 1,59,00,000 shares |
| BSE Script Code | 535217 |
| ISIN | INE507O01025 |
HPC Biosciences IPO comprises a total issue size of 45,00,000 shares. The net offer to the public is 42,68,000 shares, after excluding 2,32,000 shares allotted on a firm basis. Of the Net offer 21,34,000 (50.00%) allocated to NII 21,34,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 21,34,000 | 50.00% | 47.42% |
| Retail Shares Offered | 21,34,000 | 50.00% | 47.42% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,32,000 | 5.16% | |
| Total Shares Offered | 45,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,40,000 |
| Retail (Max) | 1 | 4,000 | ₹1,40,000 |
| HNI (Min) | 2 | 8,000 | ₹2,80,000 |
Incorporated in 2002, HPC Biosciences Ltd is engaged in the business of agriculture industry which includes cultivation, processing and distribution of agriculture commodities like wheat, paddy, sugar cane, fruits, vegetables and flowers. Also they are planting Bamboos, Kadam, Poplar, Eucalyptus and Kadam.
HPC Biosciences Ltd is India's leading manufacturing of wheat, rice, pulses and vegetables. Company's agriculture unit which is one of the largest agriculture unit in India is located in Pantnagar(Kichha), District Udham Singh Nagar in Uttarakhand.
Company's agricultural produce is sold in the open markets and some of our major customers are:
1. Saral Trading Company
2. Kartikey Enterprises
3. Shiv Traders
4. Inntal Trading
5. K S Enterprises
| 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 | Development of Green House cultivation | 3.27 |
| 2 | Development of Farm land for transition to Organic Farming | 7.90 |
| 3 | Strengthen Supply Chain Management | 2.50 |
| 4 | Procurement of farm tools and equipments | 0.38 |
| 5 | General Corporate purposes | 1.00 |
| 6 | Issue Expenses | 0.80 |
| KPI | |
|---|---|
| RoNW | 63.53% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 30.69% | 22.01% |
| Market Cap | ₹55.65 Cr. |
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.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.45 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.15 |
| 3 | Advertisement & Marketing Expenses | 0.15 |
| 4 | Regulatory & other expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹37.25 |
| Low | ₹37.25 |
| High | ₹39.10 |
| Last Trade | ₹39.10 |
Lead Manager Reports
HPC Biosciences IPO is a SME IPO of 45,60,000 equity shares of the face value of ₹10 aggregating up to ₹16 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000.
The IPO opens on Fri, Mar 1, 2013, and closes on Tue, Mar 5, 2013.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in HPC Biosciences IPO using UPI as a payment gateway. Zerodha customers can apply in HPC Biosciences IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in HPC Biosciences IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The HPC Biosciences IPO opens on Fri, Mar 1, 2013 and closes on Tue, Mar 5, 2013.
HPC Biosciences IPO lot size is 4000, and the minimum amount required for application is ₹1,40,000.
You can apply in HPC Biosciences 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 HPC Biosciences IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the HPC Biosciences IPO allotment status.
The HPC Biosciences IPO listing date is on Tue, Mar 19, 2013.
