Fixed Price IPO | ₹33 Cr | Listed at BSE | Fri, Oct 14, 2005 - Wed, Oct 19, 2005
KMSugar Mills IPO is a fixed issue price of ₹33.28 crores. The issue is entirely a fresh issue of 0.64 crore shares of ₹33.28 crore.
KMSugar Mills IPO bidding started from Oct 14, 2005 and ended on Oct 19, 2005. KMSugar Mills IPO will list on the BSE with a tentative listing date fixed as Nov 14, 2005.
KMSugar Mills IPO is set final issue price at ₹52 per share.
UTI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to KMSugar Mills IPO DRHP for detailed Information.
IPO Open
Fri, Oct 14, 2005
IPO Close
Wed, Oct 19, 2005
Issue Price
₹52 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 14 to 19 Oct, 2005 |
| Listed on | Mon, Nov 14, 2005 |
| Face Value | ₹10 per share |
| Issue Price | ₹52 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Total Issue Size | 64,00,034 shares (agg. up to ₹33 Cr) |
| Fresh Issue | 64,00,034 shares (agg. up to ₹33 Cr) |
| Share Holding Pre Issue | 1,20,00,000 shares |
| Share Holding Post Issue | 1,84,00,034 shares |
| BSE Script Code | 532673 KMSUGAR |
| ISIN | INE157H01023 |
KMSugar Mills IPO comprises a total issue size of 64,00,000 shares. The net offer to the public is 58,00,000 shares, after excluding 6,00,000 shares under a preferential allotment. Of the Net offer 29,00,000 (50.00%) allocated to NII 29,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 29,00,000 | 50.00% | 45.31% |
| Retail Shares Offered | 29,00,000 | 50.00% | 45.31% |
| Preferential Reservations | |||
| Employee Shares Offered | 6,00,000 | 9.38% | |
| Total Shares Offered | 64,00,000 | 100.00% | 100.00% |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII 'OR' NII limits | Yes (EMP/RII) |
K.M. Sugar Mills Ltd. (KMSML) is an Indian enterprise dedicated to sustainability, situated in Motinagar, Ayodhya, Uttar Pradesh.
The company specialises in sugar production, distillation, and cogeneration. It operates a 9,000 TCD sugar processing facility, a 45 KLPD distillery producing ethanol and rectified spirits, and a 25 MW power generation plant, thereby constituting a notable entity within Uttar Pradesh's agro-industrial sector.
The company produces sugar, white crystal sugar, raw sugar, rectified spirit, extra neutral alcohol (ENA), and ethanol.
The company operates a 25 MW bagasse-based cogeneration power plant in Ayodhya.
It also manufactures bio-fertiliser marketed under the brand name of "Moti".
The company's products are supplied to local wholesalers in India, and power is supplied to UPPCL.
| Period Ended | 30 Jun 2005 | 30 Sep 2004 |
|---|---|---|
| Assets | 107.55 | 66.53 |
| Total Income | 119.50 | 86.01 |
| Profit After Tax | 2.46 | 5.14 |
| NET Worth | 27.34 | 22.27 |
| Reserves and Surplus | 16.48 | 20.49 |
| 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 and Machineries | 27.57 |
| 2 | Civil Works | 2.43 |
| 3 | Contingencies | 1.00 |
| 4 | Additional Margin Money for Working Capital | 1.50 |
| 5 | Public issue expenses | 2.50 |
| 6 | General Corporate Purposes | 2.56 |
| Total | 37.56 |
| KPI | Jun 30, 2005 |
|---|---|
| RoNW | 57.28% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100.0% | 65.22% |
The KMSugar Mills IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 15.16 | 64,00,000 | 9,70,22,000 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Managers Fees | 0.33 |
| 2 | Registrars fees | 0.40 |
| 3 | Underwriters commission | 0.50 |
| 4 | Legal Advisors fees | 0.04 |
| 5 | Advertising & Marketing expenses | 0.75 |
| 6 | Brokerage & Selling expenses | 0.33 |
| 7 | Other Miscellaneous expenses | 0.15 |
| Total | 2.50 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹52.00 |
| Open | ₹65.00 |
| Low | ₹50.65 |
| High | ₹69.50 |
| Last Trade | ₹52.25 |
Lead Manager Reports
KMSugar Mills IPO is a main-board IPO of 64,00,034 equity shares of the face value of ₹10 aggregating up to ₹33 Crores. The issue is priced at ₹52 per share. The minimum order quantity is .
The IPO opens on Fri, Oct 14, 2005, and closes on Wed, Oct 19, 2005.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in KMSugar Mills IPO using UPI as a payment gateway. Zerodha customers can apply in KMSugar Mills IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in KMSugar Mills IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The KMSugar Mills IPO opens on Fri, Oct 14, 2005 and closes on Wed, Oct 19, 2005.
KMSugar Mills IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in KMSugar Mills 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 KMSugar Mills IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the KMSugar Mills IPO allotment status.
The KMSugar Mills IPO listing date is on Mon, Nov 14, 2005.
