Fixed Price IPO | ₹6 Cr | Listed at BSE SME | Mon, Sep 4, 2017 - Thu, Sep 7, 2017
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 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.
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 Open
Mon, Sep 4, 2017
IPO Close
Thu, Sep 7, 2017
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹18.29 Cr
| IPO Date | 4 to 7 Sep, 2017 |
| Listed on | Fri, Sep 15, 2017 |
| 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 | 20,40,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 1,04,000 shares Guiness Securities Ltd. (agg. up to ₹0.3120 Cr) |
| Fresh Issue (Ex Market Maker) | 19,36,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 19,36,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 40,56,114 shares |
| Share Holding Post Issue | 60,96,114 shares |
| BSE Script Code | 540698 |
| ISIN | INE555X01017 |
Nouritrans Exim IPO comprises a total issue size of 20,40,000 shares. The net offer to the public is 19,36,000 shares, after excluding 1,04,000 shares allotted on a firm basis. Of the Net offer 9,68,000 (50.00%) allocated to NII 9,68,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,68,000 | 50.00% | 47.45% |
| Retail Shares Offered | 9,68,000 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,04,000 | 5.10% | |
| Total Shares Offered | 20,40,000 | 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 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
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital | 5.78 |
| 2 | General Corporate Expenses | 0.09 |
| 3 | Issue Expenses | 0.25 |
The Nouritrans Exim IPO is subscribed [.] times on September 7, 2017 5:00:00 PM (Day 4). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | [.] | 10,20,000 | 5,68,000 |
| Retail | [.] | 10,20,000 | 22,28,000 |
| Total | [.] | 20,40,000 | 27,96,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.20 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.03 |
| 3 | Listing Fees, Market Regulatory & other expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹26.05 |
| Low | ₹24.00 |
| High | ₹29.20 |
| Last Trade | ₹24.30 |
Lead Manager Reports
Nouritrans Exim IPO is a SME IPO of 20,40,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Mon, Sep 4, 2017, and closes on Thu, Sep 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 Mon, Sep 4, 2017 and closes on Thu, Sep 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 Fri, Sep 15, 2017.
