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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 ₹30.00 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). The minimum lot size investment for 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 Date | August 22, 2022 to August 24, 2022 |
| Listing Date | September 2, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 36,40,000 shares (aggregating up to ₹10.92 Cr) |
| Reserved for Market Maker | 1,84,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.5520 Cr) |
| Net Offered to Public | 34,56,000 shares (aggregating up to ₹10.37 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 65,58,048 shares |
| Share Holding Post Issue | 1,01,98,048 shares |
Naturo Indiabull IPO offers total 36,40,000 shares. Out of which 17,28,000 (47.47%) allocated to NII, 17,28,000 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,84,000 (5.05%) |
| NII (HNI) Shares Offered | 17,28,000 (47.47%) |
| Retail Shares Offered | 17,28,000 (47.47%) |
| Total Shares Offered | 36,40,000 (100.00%) |
Naturo Indiabull IPO opens on August 22, 2022, and closes on August 24, 2022.
| IPO Open Date | Mon, Aug 22, 2022 |
| IPO Close Date | Wed, Aug 24, 2022 |
| Tentative Allotment | Mon, Aug 29, 2022 |
| Initiation of Refunds | Tue, Aug 30, 2022 |
| Credit of Shares to Demat | Thu, Sep 1, 2022 |
| Tentative Listing Date | Fri, Sep 2, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Aug 24, 2022 |
Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 951.17 | 802.76 | 78.8 | 77.04 | 72.04 |
| 31-Mar-21 | 1312.04 | 700.72 | 74.57 | 697.29 | 671.31 |
| 31-Mar-22 | 1343.94 | 1144.63 | 109.22 | 1241.51 | 585.71 |
| Amount in ₹ Lakhs | |||||
The market capitalization of Naturo Indiabull IPO is ₹30.59 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 28.03 |
The company aims to raise funds for the following purposes;/p>
[Dilip Davda] The company has fared averagely in the last three fiscals after changing its business line. However, it has nothing to do with the Indiabull group. Even with the boosted profits for FY22, its IPO is greedily priced. There is no harm in ignoring this high-priced bet. Read detail review...
| Listing Date | September 2, 2022 |
| BSE Script Code | 543579 |
| NSE Symbol | |
| ISIN | INE0JNB01012 |
| Final Issue Price | ₹30 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹25.00 |
| Low | ₹25.00 |
| High | ₹26.25 |
| Last Trade | ₹26.25 |
Naturo Indiabull Ltd.
1st Floor, 51, Lohiya Colony, 2
200 Ft. Bye-Pass,
Vaishali Nagar,
Jaipur, Rajasthan, 302021
Phone: +91 99282 34076
Email: cs@naturoindiabull.com
Website: http://www.naturoindiabull.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: nil.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Naturo Indiabull IPO is a SME IPO of 36,40,000 equity shares of the face value of ₹10 aggregating up to ₹10.92 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on August 22, 2022, and closes on August 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 August 22, 2022 and closes on August 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 Thursday, September 1, 2022. Check the Naturo Indiabull IPO allotment status.
The Naturo Indiabull IPO listing date is on Friday, September 2, 2022.
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