Bookbuilding FPO | ₹357 Cr | Listed at NSE, BSE | Mon, Feb 23, 2004 - Mon, Mar 1, 2004
IBP IPO is a book build issue of ₹357.01 crores. The issue is entirely an offer for sale of 0.58 crore shares of ₹357.01 crore.
IBP IPO bidding started from Feb 23, 2004 and ended on Mar 1, 2004.
IBP IPO is set final issue price at ₹620 per share.
ICICI Securities Ltd. is the book running lead manager and MCS Share Transfer Agent Ltd. is the registrar of the issue.
Refer to for detailed Information.
FPO Open
Mon, Feb 23, 2004
FPO Close
Mon, Mar 1, 2004
Issue Price
₹620 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 23 Feb to 1 Mar, 2004 |
| Listed on | Wed, Mar 17, 2004 |
| Face Value | ₹10 per share |
| Price Band | ₹620 to ₹620 |
| Issue Price | ₹620 per share |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding FPO |
| Listing At | NSE, BSE |
| Total Issue Size | 57,58,290 shares (agg. up to ₹357 Cr) |
| Offer for Sale | 57,58,290 shares of ₹10 (agg. up to ₹357 Cr) |
| Share Holding Pre Issue | 2,21,47,369 shares |
| Share Holding Post Issue | 2,21,47,369 shares |
| BSE Script Code / NSE Symbol | 500198 / IBP |
| ISIN | INE261A01010 |
IBP IPO comprises a total issue size of 57,58,290 shares. Out of which, 28,79,130 (50.00%) are allocated to QIB, 14,39,580 (25.00%) allocated to NII 14,39,580 (25.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| QIB Shares Offered | 28,79,130 | 50.00% |
| NII (HNI) Shares Offered | 14,39,580 | 25.00% |
| Retail Shares Offered | 14,39,580 | 25.00% |
| Total Shares Offered | 57,58,290 | 100.00% |
Incorporated in 1909, IBP Co. Ltd. is engaged in the marketing and distribution of petroleum products across India. The company offers products including motor spirit (MS), high speed diesel (HSD), superior kerosene oil (SKO), lubricants, LPG, light diesel oil (LDO), naphtha, low sulphur heavy stock (LSHS), and furnace oil through an extensive retail and distribution network.
The company operates through three business segments: Petroleum, Explosives, and Cryogenics. Its petroleum business contributes the majority of total revenue, while the company also manufactures and sells industrial explosives and cryogenic containers.
As of December 31, 2003, IBP Co. Ltd. operated 2,524 retail outlets, 378 SKO and LDO dealerships, and 69 LPG distributorships across India. The company’s registered office is located at IBP House, Kolkata.
| Period Ended | 31 Dec 2003 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|
| Assets | 1,507.30 | 1,045.40 | 636.80 |
| Total Income | 7,508.00 | 9,138.10 | 8,028.70 |
| Profit After Tax | 121.10 | 87.80 | 195.80 |
| NET Worth | 580.80 | 484.80 | 431.60 |
| Reserves and Surplus | 558.60 | 462.60 | 409.40 |
| Amount in ₹ Crore | |||
| KPI | Dec 31, 2003 | Mar 31, 2003 |
|---|---|---|
| RoNW | 18.17% | |
| Price to Book Value | 2.36 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 53.6% | 53.6% |
The IBP IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 2.66 | 57,58,290 | 1,53,43,500 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Brokerage, underwriting commission, fees payable to the BRLM, Syndicate Members, other advisors to the Offer, fees of Legal Advisors to the Offer and Auditors, stamp duty, printing, publication, advertising and distribution expenses, bank charges, depositories charges, fees payable to the Registrar to the Offer and other miscellaneous expenses | |
| Total | 0.00 |
| Price Details |
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| Final Issue Price |
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Lead Manager Reports
IBP IPO is a main-board FPO of 57,58,290 equity shares of the face value of ₹10 aggregating up to ₹357 Crores. The issue is priced at ₹620 per share. The minimum order quantity is .
The FPO opens on Mon, Feb 23, 2004, and closes on Mon, Mar 1, 2004.
MCS Share Transfer Agent Ltd. is the registrar for the FPO. The shares are proposed to be listed on NSE, BSE.
Zerodha customers can apply online in IBP IPO using UPI as a payment gateway. Zerodha customers can apply in IBP IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in IBP IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The IBP IPO opens on Mon, Feb 23, 2004 and closes on Mon, Mar 1, 2004.
IBP IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in IBP 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 IBP IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the IBP IPO allotment status.
The IBP IPO listing date is on .
