Bookbuilding IPO | ₹400 Cr | Listed at BSE, NSE | Wed, Jun 24, 2015 - Fri, Jun 26, 2015
Manpasand Beverages IPO is a book build issue of ₹400.00 crores. The issue is entirely a fresh issue of 1.25 crore shares of ₹400.00 crore.
Manpasand Beverages IPO bidding started from Jun 24, 2015 and ended on Jun 26, 2015. The shares got listed on BSE, NSE on Jul 9, 2015.
Manpasand Beverages IPO price band is set at ₹320 per share. The lot size for an application is 45. The minimum amount of investment required by an retail is ₹14,400 (45 shares) (based on upper price). The lot size investment for sNII is 14 lots (630 shares), amounting to ₹2,01,600, and for bNII, it is 70 lots (3,150 shares), amounting to ₹10,08,000.
ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Manpasand Beverages IPO RHP for detailed Information.
IPO Open
Wed, Jun 24, 2015
IPO Close
Fri, Jun 26, 2015
Issue Price
₹320 per share
Market Cap (Pre-IPO)
₹1,601.73 Cr
| IPO Date | 24 to 26 Jun, 2015 |
| Listed on | Thu, Jul 9, 2015 |
| Face Value | ₹10 per share |
| Price Band | ₹290 to ₹320 |
| Issue Price | ₹320 per share |
| Lot Size | 45 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,25,00,000 shares (agg. up to ₹400 Cr) |
| Fresh Issue | 1,25,00,000 shares (agg. up to ₹400 Cr) |
| Share Holding Pre Issue | 3,75,54,000 shares |
| Share Holding Post Issue | 5,00,54,000 shares |
| BSE Script Code / NSE Symbol | 539207 / MANPASAND |
| ISIN | INE122R01018 |
Manpasand Beverages IPO comprises a total issue size of 1,25,00,000 shares. Out of which, 93,75,000 (75.00%) are allocated to QIB, 18,75,000 (15.00%) allocated to NII 12,50,000 (10.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 93,75,000 | 75.00% | NA |
| − Anchor Investor Shares Offered | 56,25,000 | 45.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 37,50,000 | 30.00% | NA |
| NII (HNI) Shares Offered | 18,75,000 | 15.00% | NA |
| Retail Shares Offered | 12,50,000 | 10.00% | 27,777 |
| Total Shares Offered | 1,25,00,000 | 100.00% |
Investors can bid for a minimum of 45 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,400 |
| Retail (Max) | 13 | 585 | ₹1,87,200 |
| S-HNI (Min) | 14 | 630 | ₹2,01,600 |
| S-HNI (Max) | 69 | 3,105 | ₹9,93,600 |
| B-HNI (Min) | 70 | 3,150 | ₹10,08,000 |
Incorporated in 1997, Manpasand Beverages Ltd is a Gujrat based fruit drink manufacturing company primary focus on mango fruit, which is the leading flavor for juice drinks in India.
Company's mango based fruit drink, 'Mango Sip', is their flagship brand, which is focused towards customers based in semi urban and rural markets. They have also launched two new brands, 'Fruits Up' and 'Manpasand ORS'. Under the 'Fruits Up' brand, they offer fruit drinks and carbonated fruit drinks in different flavors like mango, apple, guava, litchi, orange and mixed fruit flavors, and under the 'Manpasand ORS' brand, they offer fruit drinks with energy replenishing qualities with a primary focus on North East India available in apple and orange flavors.
They have also commenced marketing in July 2014 the 'Pure Sip' brand of bottled water. Processed at a third party facility, they currently selectively distribute free bottles of 'Pure Sip' along with 'Mango Sip'. Company's manufacturing facilities located at Manjusar industrial estate of Gujarat Industrial Development Corporation, Vadodara, Gujarat ("Vadodara 1 Facility"), Karkhiyaon, Pindra estate of Uttar Pradesh State Industrial Development Corporation, Varanasi, Uttar Pradesh ("Varanasi Facility") and new facility located at Manjusar village, Savli, Vadodara, Gujarat ("Vadodara 2 Facility"), where they commenced commercial production from April 2015.
Manpasand Beverages have a wide distribution network that as on March 31, 2015, includes 73 consignee agents and 654 distributors spread across 24 states in India to whom they sell directly. They also sell directly to Indian Railway Catering and Tourism Organization ("IRCTC") approved vendors.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 21.73% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 67.21% | |
| Market Cap | ₹1,601.73 Cr. |
The Manpasand Beverages IPO is subscribed 1.4 times on June 26, 2015 7:50:00 PM (Day 3). The public issue subscribed 1.16 times in the retail category, 1.98 times in the QIB category, and 0.38 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1.98 | 41,37,931 | |
| NII | 0.38 | 20,68,966 | |
| Retail | 1.16 | 13,79,310 | |
| Total | 1.4 | 75,86,207 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹320.00 | ₹320.00 |
| Open | ₹291.00 | ₹300.00 |
| Low | ₹286.00 | ₹285.70 |
| High | ₹341.90 | ₹342.60 |
| Last Trade | ₹326.85 | ₹327.75 |
Manpasand Beverages IPO is a main-board IPO of 1,25,00,000 equity shares of the face value of ₹10 aggregating up to ₹400 Crores. The issue is priced at ₹320 per share. The minimum order quantity is 45.
The IPO opens on Wed, Jun 24, 2015, and closes on Fri, Jun 26, 2015.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Manpasand Beverages IPO using UPI as a payment gateway. Zerodha customers can apply in Manpasand Beverages IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Manpasand Beverages IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Manpasand Beverages IPO opens on Wed, Jun 24, 2015 and closes on Fri, Jun 26, 2015.
Manpasand Beverages IPO lot size is 45, and the minimum amount required for application is ₹14,400.
You can apply in Manpasand Beverages 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 Manpasand Beverages IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Manpasand Beverages IPO allotment status.
The Manpasand Beverages IPO listing date is on Thu, Jul 9, 2015.
