Fixed Price IPO | ₹11 Cr | Listed at BSE SME | Mon, Aug 22, 2022 - Wed, Aug 24, 2022
Naturo Indiabull IPO is a fixed price issue of ₹10.92 crores. The issue is entirely a fresh issue of 0.36 crore shares of ₹10.92 crore.
Naturo Indiabull IPO bidding started from Aug 22, 2022 and ended on Aug 24, 2022. The allotment for Naturo Indiabull IPO was finalized on Aug 29, 2022. The shares got listed on BSE SME on Sep 2, 2022.
Naturo Indiabull IPO price is ₹30 per share. The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Finshore Management Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to Naturo Indiabull IPO RHP for detailed Information.
IPO Open
Mon, Aug 22, 2022
IPO Close
Wed, Aug 24, 2022
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹30.59 Cr
| IPO Date | 22 to 24 Aug, 2022 |
| Listed on | Fri, Sep 2, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 36,40,000 shares (agg. up to ₹11 Cr) |
| Reserved for Market Maker | 1,84,000 shares Nikunj Stock Brokers Ltd. (agg. up to ₹0.5520 Cr) |
| Fresh Issue (Ex Market Maker) | 34,56,000 shares (agg. up to ₹10 Cr) |
| Net Offered to Public | 34,56,000 shares (agg. up to ₹10 Cr) |
| Share Holding Pre Issue | 65,58,048 shares |
| Share Holding Post Issue | 1,01,98,048 shares |
| BSE Script Code | 543579 |
| ISIN | INE0JNB01012 |
Naturo Indiabull IPO comprises a total issue size of 36,40,000 shares. The net offer to the public is 34,56,000 shares, after excluding 1,84,000 shares allotted on a firm basis. Of the Net offer 17,28,000 (50.00%) allocated to NII 17,28,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 17,28,000 | 50.00% | 47.47% |
| Retail Shares Offered | 17,28,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,84,000 | 5.05% | |
| Total Shares Offered | 36,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Incorporated in 2016, Naturo Indiabull is in the business of the Fast-Moving Consumer Goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents.
It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits. Currently, it is diversifying its product portfolio to health and herbal products i.e., soaps, shampoos, medicines, juices, tablets, etc.
Competitive strengths
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 13.44 | 13.12 | 9.51 |
| Total Income | 11.45 | 7.01 | 8.03 |
| Profit After Tax | 1.09 | 0.75 | 0.79 |
| NET Worth | 12.42 | 6.97 | 0.77 |
| Reserves and Surplus | 5.86 | 6.71 | 0.72 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital Requirement | 9.57 |
| 2 | General Corporate Expenses | 1.00 |
| KPI | |
|---|---|
| ROE | 11.27 |
| ROCE | 11.78 |
| Debt/Equity | 0.02 |
| RoNW | 8.8 |
| PAT Margin | 9.69% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 1.70 | |
| P/E (x) | 28.03 | |
| Promoter Holding | 42.17% | 27.12% |
| Market Cap | ₹30.59 Cr. |
The Naturo Indiabull IPO is subscribed 20.26 times on August 24, 2022 5:31:00 PM (Day 3). The public issue subscribed 32.08 times in the retail category, [.] times in the QIB category, and 8.44 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 8.44 | 17,28,000 | 1,45,84,000 |
| Retail | 32.08 | 17,28,000 | 5,54,36,000 |
| Total | 20.26 | 34,56,000 | 7,00,20,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including other intermediaries’ fees | 0.20 |
| 2 | Regulators Including Stock Exchanges | 0.07 |
| 3 | Advertising and Marketing Expenses | 0.05 |
| 4 | Printing and distribution of Issue Stationary | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹25.00 |
| Low | ₹25.00 |
| High | ₹26.25 |
| Last Trade | ₹26.25 |
Lead Manager Reports
Naturo Indiabull IPO is a SME IPO of 36,40,000 equity shares of the face value of ₹10 aggregating up to ₹11 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Mon, Aug 22, 2022, and closes on Wed, Aug 24, 2022.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Naturo Indiabull IPO using UPI as a payment gateway. Zerodha customers can apply in Naturo Indiabull IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Naturo Indiabull IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Naturo Indiabull IPO opens on Mon, Aug 22, 2022 and closes on Wed, Aug 24, 2022.
Naturo Indiabull IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Naturo Indiabull 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 Naturo Indiabull IPO will be done on Monday, August 29, 2022, and the allotted shares will be credited to your demat account by Thu, Sep 1, 2022. Check the Naturo Indiabull IPO allotment status.
The Naturo Indiabull IPO listing date is on Fri, Sep 2, 2022.
