Kovilpatti Lakshmi Roller Flour Mills FPO Details

Fixed Price FPO | ₹14 Cr | Listed at BSE | Mon, Nov 27, 2006 - Fri, Dec 1, 2006

KLRF FPO Logo

KLRF FPO is a fixed issue price of ₹14.30 crores. The issue is entirely a fresh issue of 0.26 crore shares of ₹14.30 crore.

KLRF FPO bidding started from Nov 27, 2006 and ended on Dec 1, 2006. The shares got listed on the BSE on Dec 26, 2006.

KLRF FPO is set final issue price at ₹55 per share.

Keynote Financial Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to KLRF FPO RHP for detailed Information.

FPO Open

Mon, Nov 27, 2006

FPO Close

Fri, Dec 1, 2006

Issue Price

₹55 per share

Market Cap (Pre-IPO)

₹27.51 Cr

FPO Details

IPO Date27 Nov to 1 Dec, 2006
Listed onTue, Dec 26, 2006
Face Value10 per share
Issue Price₹55 per share
Lot Size
Sale TypeFresh capital only
Issue TypeFixed Price FPO
Listing AtBSE

Total Issue Size26,00,000 shares
(agg. up to ₹14 Cr)
Fresh Issue 26,00,000 shares
(agg. up to ₹14 Cr)
Share Holding Pre Issue24,01,046 shares
Share Holding Post Issue50,01,046 shares
BSE Script Code 507598 KLRF
ISININE014E01015

FPO Timetable

FPO Issue Reservation

KLRF FPO comprises a total issue size of 26,00,000 shares. The net offer to the public is 10,40,000 shares, after excluding 15,60,000 shares under a preferential allotment. Of the Net offer 5,20,000 (50.00%) allocated to NII 5,20,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 5,20,00050.00%20.00%
Retail Shares Offered 5,20,00050.00%20.00%
Preferential Reservations
Employee Shares Offered 2,60,00010.00%
Shareholders Shares Offered 2,60,00010.00%
Other Shares Offered 10,40,00040.00%
Total Shares Offered 26,00,000100.00%100.00%

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only shareholder Allowed only if bidding amount is upto Rs 2 lakhs
Only employee Yes
Employee + Shareholder
  1. Shareholder limit:
  2. Employee limit: . (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
Yes
Employee + Shareholder + RII/NII
  1. Shareholder limit:
  2. Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  3. If applying as RII: Upto Rs. 2 lakhs
  4. If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for shareholder/employee/RII
Shareholder + RII/NII
  • Shareholder limit: Upto Rs. 2 lakhs
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for shareholder/RII
Employee + RII/NII
  • Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for shareholder/RII

About Kovilpatti Lakshmi Roller Flour Mills Ltd.

Incorporated on 16th December 1961, Kovilpatti Lakshmi Roller Flour Mills, as KLRF is popular for its "Kuthuvilakku" Brand Maida, Sooji, Atta and Wheat Bran products.

KLRF is part of Eltex Group. Eltex Groupalso involve in manufacture of cotton yarn, engineering and wind power generation for captive use.

Company Financials (Restated)

Period Ended30 Sep 200631 Mar 200631 Mar 200531 Mar 2004
Assets81.9872.0151.4242.78
Total Income0.843.111.820.92
Profit After Tax26.5693.8495.6592.49
NET Worth18.0717.2313.7712.31
Reserves and Surplus15.6714.8311.6810.22
Amount in ₹ Crore

FPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Investment in Eltex 17.00
2 Establishment of two wind mills of 1.25 MW each 12.30
3 Issue Expenses 1.30

Key Performance Indicator (KPI)

Pre IPOPost IPO
Promoter Holding60.39%28.99%
Market Cap27.51 Cr.
S. Govindan, N. V. Srinivasan, and Suresh Jagannathan are the company promoters.

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.

Company name has been changed from Kovilpatti Lakshmi Roller Flour Mills Ltd to KLRF Limited.

FPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees to intermediaries 0.51
2 Advertising and marketing expenses 0.46
3 Printing and Stationary expenses 0.28
4 Others 0.05

Listing Day Trading Information

Price DetailsBSE
Final Issue Price55.00
Open55.50
Low50.30
High55.50
Last Trade52.80

Check IPO Performance…

FPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Kovilpatti Lakshmi Roller Flour Mills Ltd. Address
Kovilpatti Lakshmi Roller Flour Mills Limited,
75/8,
Benares Cape Road
Gangaikondan, Tamil Nadu, 627352
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FPO FAQs

KLRF FPO is a main-board FPO of 26,00,000 equity shares of the face value of ₹10 aggregating up to ₹14 Crores. The issue is priced at ₹55 per share. The minimum order quantity is .

The FPO opens on Mon, Nov 27, 2006, and closes on Fri, Dec 1, 2006.

MUFG Intime India Pvt.Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in KLRF FPO using UPI as a payment gateway. Zerodha customers can apply in KLRF FPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in KLRF FPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'KLRF FPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The KLRF FPO opens on Mon, Nov 27, 2006 and closes on Fri, Dec 1, 2006.

KLRF FPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in KLRF FPO 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 KLRF FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the KLRF FPO allotment status.

The KLRF FPO listing date is on Tue, Dec 26, 2006.

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