Fixed Price IPO | ₹12 Cr | Listed at BSE | Thu, May 12, 2005 - Fri, May 20, 2005
Nandan Exim IPO is a fixed issue price of ₹12.00 crores. The issue is entirely a fresh issue of 0.60 crore shares of ₹12.00 crore.
Nandan Exim IPO bidding started from May 12, 2005 and ended on May 20, 2005.
Nandan Exim IPO is set final issue price at ₹20 per share.
Centrum Capital Ltd. is the book running lead manager and Datamatics Business Soultions Ltd. is the registrar of the issue.
Refer to Nandan Exim IPO DRHP for detailed Information.
IPO Open
Thu, May 12, 2005
IPO Close
Fri, May 20, 2005
Issue Price
₹20 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 12 to 20 May, 2005 |
| Listed on | Mon, Jun 13, 2005 |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE |
| Total Issue Size | 60,00,000 shares (agg. up to ₹12 Cr) |
| Fresh Issue | 60,00,000 shares (agg. up to ₹12 Cr) |
| Share Holding Pre Issue | 79,00,000 shares |
| Share Holding Post Issue | 1,39,00,000 shares |
| BSE Script Code | 532641 NDL |
| ISIN | INE875G01048 |
Nandan Exim IPO comprises a total issue size of 60,00,000 shares. Out of which, 30,00,000 (50.00%) allocated to NII 30,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue |
|---|---|---|
| NII (HNI) Shares Offered | 30,00,000 | 50.00% |
| Retail Shares Offered | 30,00,000 | 50.00% |
| Total Shares Offered | 60,00,000 | 100.00% |
Nandan Exim Limited is a textile company promoted by the Chiripal Group. The company is primarily engaged in the manufacturing, trading, and export of textile products, especially cotton fabrics and denim.
Over time, the company developed integrated manufacturing capabilities, including spinning, weaving, and processing units. It produced a wide range of products such as grey cotton fabrics, khakis, and denim, catering to garment manufacturers, exporters, and global clients across regions like Europe, the USA, and Southeast Asia.
The company focused on quality production and export-oriented growth, positioning itself as a strong player in the textile industry. As part of its expansion and transformation strategy, Nandan Exim diversified beyond export activities into large-scale denim manufacturing and garments.
| Period Ended | 31 Dec 2004 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Total Income | 45.11 | 9.17 | 7.05 |
| Profit After Tax | 0.95 | 0.91 | 2.42 |
| NET Worth | 15.83 | 13.76 | 10.75 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | New plant being set up for manufacture of Grey fabrics and Denim fabrics | 11.00 |
| 2 | Expenses of the Issue | 0.98 |
| 3 | Listing the equity shares of the Company on the Stock Exchange | 0.02 |
| Total | 12.00 |
| KPI | Mar 31, 2004 |
|---|---|
| RoNW | 4.77% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 56.83% |
The Nandan Exim IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 31.00 | 60,00,000 | 18,59,84,000 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager to the Issue, Registrar to the Issue, Legal Advisors & Tax Consultants, Underwriting Commission, stamp duty, printing, publication, advertising and distribution expenses, bank charges, listing fees and other miscellaneous expenses | 0.98 |
| Total | 0.98 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹48.00 |
| Low | ₹48.00 |
| High | ₹64.90 |
| Last Trade | ₹50.20 |
Lead Manager Reports
Nandan Exim IPO is a main-board IPO of 60,00,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹20 per share. The minimum order quantity is .
The IPO opens on Thu, May 12, 2005, and closes on Fri, May 20, 2005.
Datamatics Business Soultions Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Nandan Exim IPO using UPI as a payment gateway. Zerodha customers can apply in Nandan Exim IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Nandan Exim IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Nandan Exim IPO opens on Thu, May 12, 2005 and closes on Fri, May 20, 2005.
Nandan Exim IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Nandan Exim 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 Nandan Exim IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Nandan Exim IPO allotment status.
The Nandan Exim IPO listing date is on .
