Fixed Price IPO | ₹21 Cr | Listed at BSE | Mon, Aug 28, 2006 - Fri, Sep 1, 2006
KEW Industries Limted IPO is a fixed issue price of ₹21.00 crores. The issue is entirely a fresh issue of 0.70 crore shares of ₹21.00 crore.
KEW Industries Limted IPO bidding started from Aug 28, 2006 and ended on Sep 1, 2006. The shares got listed on the BSE on Sep 25, 2006.
KEW Industries Limted IPO is set final issue price at ₹30 per share. The lot size for an application is 170 shares. The minimum amount of investment required by an individual investor (retail) is ₹5,100 (170 shares) (based on upper price). The lot size investment for sNII is 40 lots (6,800 shares), amounting to ₹2,04,000, and for bNII, it is 197 lots (33,490 shares), amounting to ₹10,04,700.
Chartered Capital & Investment Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to KEW Industries Limted IPO RHP for detailed Information.
IPO Open
Mon, Aug 28, 2006
IPO Close
Fri, Sep 1, 2006
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹38.65 Cr
| IPO Date | 28 Aug to 1 Sep, 2006 |
| Listed on | Mon, Sep 25, 2006 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 170 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Total Issue Size | 70,00,000 shares (agg. up to ₹21 Cr) |
| Fresh Issue | 70,00,000 shares (agg. up to ₹21 Cr) |
| Share Holding Pre Issue | 58,83,631 shares |
| Share Holding Post Issue | 1,28,83,631 shares |
| BSE Script Code | 532758 |
| ISIN | INE700H01012 |
KEW Industries Limted IPO comprises a total issue size of 70,00,000 shares. The net offer to the public is 32,50,000 shares, after excluding 37,50,000 shares under a preferential allotment. Of the Net offer 16,25,000 (50.00%) allocated to NII 16,25,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| NII (HNI) Shares Offered | 16,25,000 | 50.00% | 23.21% | NA |
| Retail Shares Offered | 16,25,000 | 50.00% | 23.21% | 9,558 |
| Preferential Reservations | ||||
| Other Shares Offered | 37,50,000 | 53.57% | NA | |
| Total Shares Offered | 70,00,000 | 100.00% | 100.00% | |
Investors can bid for a minimum of 170 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 170 | ₹5,100 |
| Retail (Max) | 39 | 6,630 | ₹1,98,900 |
| S-HNI (Min) | 40 | 6,800 | ₹2,04,000 |
K E W Industries Limted (KIL) is manufacturer and supplier of defence stores and automobile components.
KIL's client portfolio includes Ashok Leyland Limited, Tata Motors, Punjab Tractors Limited, Indian Ordinance Factories under Ministry of Defence of India, Rail Coach Factory, Kapurthala.
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 42.41 | 38.56 | 34.46 |
| Total Income | 39.65 | 38.28 | 31.64 |
| Profit After Tax | 2.99 | 2.70 | 1.74 |
| NET Worth | 19.20 | 12.99 | 10.43 |
| Reserves and Surplus | 12.54 | 9.56 | 6.86 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Plant & Machinery & civil structure | 9.51 |
| 2 | Testing Equipments for R&D | 0.59 |
| 3 | Working Capital requirement | 9.16 |
| 4 | Public Issue Expenses | 1.75 |
| KPI | Mar 31, 2006 |
|---|---|
| RoNW | 15.56 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 54.61% | 24.94% |
| Market Cap | ₹38.65 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 | Lead managers selling and other expenses | 0.65 |
| 2 | Advertising and Marketing Expenses | 0.35 |
| 3 | Printing and Stationery | 0.25 |
| 4 | Others (Registrar’s fee, Listing fee, fee toLegal Advisor, etc.) | 0.25 |
| 5 | Miscellaneous | 0.25 |
| Price Details |
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| Final Issue Price |
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Lead Manager Reports
KEW Industries Limted IPO is a main-board IPO of 70,00,000 equity shares of the face value of ₹10 aggregating up to ₹21 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 170.
The IPO opens on Mon, Aug 28, 2006, and closes on Fri, Sep 1, 2006.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in KEW Industries Limted IPO using UPI as a payment gateway. Zerodha customers can apply in KEW Industries Limted IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in KEW Industries Limted IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The KEW Industries Limted IPO opens on Mon, Aug 28, 2006 and closes on Fri, Sep 1, 2006.
KEW Industries Limted IPO lot size is 170, and the minimum amount required for application is ₹5,100.
You can apply in KEW Industries Limted 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 KEW Industries Limted IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the KEW Industries Limted IPO allotment status.
The KEW Industries Limted IPO listing date is on Mon, Sep 25, 2006.
