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Nouritrans Exim IPO is a fixed price issue of ₹6.12 crores. The issue is entirely a fresh issue of 0.20 crore shares of ₹6.12 crore.
Nouritrans Exim IPO bidding started from Sep 4, 2017 and ended on Sep 7, 2017. The shares got listed on BSE SME on Sep 15, 2017.
Nouritrans Exim 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.
First Overseas Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Nouritrans Exim IPO RHP for detailed Information.
| IPO Date | September 4, 2017 to September 7, 2017 |
| Listing Date | September 15, 2017 |
| 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 | 20,40,000 shares (aggregating up to ₹6.12 Cr) |
| Reserved for Market Maker | 1,04,000 shares Guiness Securities Ltd. (aggregating up to ₹0.3120 Cr) |
| Net Offered to Public | 19,36,000 shares (aggregating up to ₹5.81 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 40,56,114 shares |
| Share Holding Post Issue | 60,96,114 shares |
Nouritrans Exim IPO offers total 20,40,000 shares. Out of which 9,68,000 (47.45%) allocated to NII, 9,68,000 (47.45%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,04,000 (5.10%) |
| NII (HNI) Shares Offered | 9,68,000 (47.45%) |
| Retail Shares Offered | 9,68,000 (47.45%) |
| Total Shares Offered | 20,40,000 (100.00%) |
Nouritrans Exim IPO opens on September 4, 2017, and closes on September 7, 2017.
| IPO Open Date | Mon, Sep 4, 2017 |
| IPO Close Date | Thu, Sep 7, 2017 |
| Tentative Listing Date | Fri, Sep 15, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Sep 7, 2017 |
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 |
Incorporated in 1995, Nouritrans Exim Ltd (NEL) is in the business of exports, imports and trading of commodity.
They have global presence which covers various markets in USA, UK, Europe, South Africa and Middle East. The company has been accredited as an International Commodity Export-Import & trading company and having APEDA certificate. Its product portfolio covers various Agro based products and Scraps. Over the decades, NEL has emerged as a leading Import-Export & Trading Company with wide portfolio of International and Domestic customers. They have introduced "Al-Ayman" brand in the year 2009. Company's product portfolio covers various Agro based products and Scraps which is as follows:
1. AL-AYMAN Basmati Rice
2. AL-AYMAN Wheat Flour
3. AL-AYMAN Sunflower Oil
4. AL-AYMAN Mango Pulp
5. AL-AYMAN Canned Vegetables
The Company Nouritrans Exim IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Working Capital | 5.78 |
| 2 | General Corporate Expenses | 0.09 |
| 3 | Issue Expenses | 0.25 |
[Dilip Davda] Considering aggressive pricing there is no harm in giving this issue a miss. Read detail review...
| Listing Date | September 15, 2017 |
| BSE Script Code | 540698 |
| NSE Symbol | |
| ISIN | INE555X01017 |
| Final Issue Price | ₹30 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹26.05 |
| Low | ₹24.00 |
| High | ₹29.20 |
| Last Trade | ₹24.30 |
Nouritrans Exim Ltd.
101/17
Premier Shopping Centre,
Mirzapur Road,
Ahmedabad, Gujarat, 380001
Phone: +91 79 25622811
Email: cs@neplexport.com
Website: http://www.neplexport.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: nouritrans.ipo@karvy.com
Website: https://ipostatus.kfintech.com/
Nouritrans Exim IPO is a SME IPO of 20,40,000 equity shares of the face value of ₹10 aggregating up to ₹6.12 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on September 4, 2017, and closes on September 7, 2017.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Nouritrans Exim IPO using UPI as a payment gateway. Zerodha customers can apply in Nouritrans Exim IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Nouritrans Exim IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Nouritrans Exim IPO opens on September 4, 2017 and closes on September 7, 2017.
Nouritrans Exim IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Nouritrans 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 Nouritrans Exim IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Nouritrans Exim IPO allotment status.
The Nouritrans Exim IPO listing date is on Friday, September 15, 2017.
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