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

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
| IPO Date | 27 Nov to 1 Dec, 2006 |
| Listed on | Tue, Dec 26, 2006 |
| Face Value | ₹10 per share |
| Issue Price | ₹55 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price FPO |
| Listing At | BSE |
| Total Issue Size | 26,00,000 shares (agg. up to ₹14 Cr) |
| Fresh Issue | 26,00,000 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 24,01,046 shares |
| Share Holding Post Issue | 50,01,046 shares |
| BSE Script Code | 507598 KLRF |
| ISIN | INE014E01015 |
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 | 5,20,000 | 50.00% | 20.00% |
| Retail Shares Offered | 5,20,000 | 50.00% | 20.00% |
| Preferential Reservations | |||
| Employee Shares Offered | 2,60,000 | 10.00% | |
| Shareholders Shares Offered | 2,60,000 | 10.00% | |
| Other Shares Offered | 10,40,000 | 40.00% | |
| Total Shares Offered | 26,00,000 | 100.00% | 100.00% |
| Application Category | Maximum Bidding Limits | Bidding 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 |
|
Yes |
| Employee + Shareholder + RII/NII |
|
Yes for shareholder/employee/RII |
| Shareholder + RII/NII |
|
Yes for shareholder/RII |
| Employee + RII/NII |
|
Yes for shareholder/RII |
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.
| Period Ended | 30 Sep 2006 | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|---|
| Assets | 81.98 | 72.01 | 51.42 | 42.78 |
| Total Income | 0.84 | 3.11 | 1.82 | 0.92 |
| Profit After Tax | 26.56 | 93.84 | 95.65 | 92.49 |
| NET Worth | 18.07 | 17.23 | 13.77 | 12.31 |
| Reserves and Surplus | 15.67 | 14.83 | 11.68 | 10.22 |
| Amount in ₹ Crore | ||||
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 |
| KPI | Mar 31, 2006 |
|---|---|
| RoNW | 18.04% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 60.39% | 28.99% |
| Market Cap | ₹27.51 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 | Fees to intermediaries | 0.51 |
| 2 | Advertising and marketing expenses | 0.46 |
| 3 | Printing and Stationary expenses | 0.28 |
| 4 | Others | 0.05 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹55.50 |
| Low | ₹50.30 |
| High | ₹55.50 |
| Last Trade | ₹52.80 |
Lead Manager Reports
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
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.