Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Tue, Mar 18, 2014 - Thu, Mar 20, 2014
Oceanaa Biotek Industries IPO is a fixed price issue of ₹2.10 crores. The issue is entirely a fresh issue of 0.21 crore shares of ₹2.10 crore.
Oceanaa Biotek Industries IPO bidding started from Mar 18, 2014 and ended on Mar 20, 2014. The shares got listed on BSE SME on Apr 3, 2014.
Oceanaa Biotek Industries IPO price is ₹10 per share.
V.B.Desai Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Kunvarji Finstock Pvt.Ltd..
Refer to Oceanaa Biotek Industries IPO RHP for detailed Information.
IPO Open
Tue, Mar 18, 2014
IPO Close
Thu, Mar 20, 2014
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹5.22 Cr
| IPO Date | 18 to 20 Mar, 2014 |
| Listed on | Thu, Apr 3, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 21,00,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 1,10,000 shares Kunvarji Finstock Pvt.Ltd. (agg. up to ₹0.1100 Cr) |
| Fresh Issue (Ex Market Maker) | 19,90,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 19,90,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 31,18,150 shares |
| Share Holding Post Issue | 52,18,150 shares |
| BSE Script Code | 538019 |
| ISIN | INE732P01018 |
Oceanaa Biotek Industries IPO comprises a total issue size of 21,00,000 shares. The net offer to the public is 19,90,000 shares, after excluding 1,10,000 shares allotted on a firm basis. Of the Net offer 9,90,000 (49.75%) allocated to NII 10,00,000 (50.25%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,90,000 | 49.75% | 47.14% |
| Retail Shares Offered | 10,00,000 | 50.25% | 47.62% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,10,000 | 5.24% | |
| Total Shares Offered | 21,00,000 | 100.00% | 100.00% |
Incorporated in 2005, Oceanaa Biotek Industries Ltd (OBIL) is a specialized food testing laboratory and engaged in the business of food analysis. They are setting up a specialized food analysis laboratory to perform consumer food testing for food producers worldwide. OBIL is an independent entity of the Oceanaa group of companies with interests in processing of marine products, vegetables and fruits - both for export sector and domestic retail sector.
OBIL's core business will revolve around offering complete testing solutions to customers on contract basis. Testing includes the following:
1. Food Quality Analysis
2. Food Safety Analysis
Company's customers includes Food & Feed Industry, Government regulatory bodies (Health, Agriculture, Food Processing), Hotels & Restaurants, Other local food testing laboratories etc. Company has tied up with M/s Food Tech International, a consulting firm, active in the food sector in India as a consultant for the purpose of setup and operational assistance and product delivery assistance.
| 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 | To set up food testing analysis lab | 1.82 |
| KPI | |
|---|---|
| RoNW | 0.92% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.99% | 59.75% |
| Market Cap | ₹5.22 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker, selling commissions, Underwriting, SCSB commissions, brokerages, payment to other intermediaries such as Legal Advisors | 0.29 |
| 2 | Printing and Stationery and postage expenses | 0.03 |
| 3 | Advertising and Marketing Expense | 0.03 |
| 4 | Other Expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹9.75 |
| Low | ₹9.30 |
| High | ₹10.20 |
| Last Trade | ₹10.10 |
Lead Manager Reports
Oceanaa Biotek Industries IPO is a SME IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹10 per share. The minimum order quantity is .
The IPO opens on Tue, Mar 18, 2014, and closes on Thu, Mar 20, 2014.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Oceanaa Biotek Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Oceanaa Biotek Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Oceanaa Biotek Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Oceanaa Biotek Industries IPO opens on Tue, Mar 18, 2014 and closes on Thu, Mar 20, 2014.
Oceanaa Biotek Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Oceanaa Biotek Industries 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 Oceanaa Biotek Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Oceanaa Biotek Industries IPO allotment status.
The Oceanaa Biotek Industries IPO listing date is on Thu, Apr 3, 2014.
