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Omnipotent Industries IPO is a fixed price issue of ₹18.90 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹18.90 crore.
Omnipotent Industries IPO bidding started from Nov 16, 2021 and ended on Nov 22, 2021. The allotment for Omnipotent Industries IPO was finalized on Nov 25, 2021. The shares got listed on BSE SME on Nov 29, 2021.
Omnipotent Industries IPO price is ₹63.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,26,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,52,000.
Inventure Merchant Banker Services Pvt.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 Sernet Financial Services Pvt.Ltd..
Refer to Omnipotent Industries IPO RHP for detailed Information.
| IPO Date | November 16, 2021 to November 22, 2021 |
| Listing Date | November 29, 2021 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹63 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹18.90 Cr) |
| Reserved for Market Maker | 1,52,000 shares Sernet Financial Services Pvt.Ltd. (aggregating up to ₹0.9576 Cr) |
| Net Offered to Public | 28,48,000 shares (aggregating up to ₹17.94 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 30,50,000 shares |
| Share Holding Post Issue | 60,50,000 shares |
Omnipotent Industries IPO offers total 30,00,000 shares. Out of which 14,24,000 (47.47%) allocated to NII, 14,24,000 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,52,000 (5.07%) |
| NII (HNI) Shares Offered | 14,24,000 (47.47%) |
| Retail Shares Offered | 14,24,000 (47.47%) |
| Total Shares Offered | 30,00,000 (100.00%) |
Omnipotent Industries IPO opens on November 16, 2021, and closes on November 22, 2021.
| IPO Open Date | Tue, Nov 16, 2021 |
| IPO Close Date | Mon, Nov 22, 2021 |
| Tentative Allotment | Thu, Nov 25, 2021 |
| Initiation of Refunds | Fri, Nov 26, 2021 |
| Credit of Shares to Demat | Mon, Nov 29, 2021 |
| Tentative Listing Date | Mon, Nov 29, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Nov 22, 2021 |
Investors can bid for a minimum of 2,000 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 | 2,000 | ₹1,26,000 |
| Retail (Max) | 1 | 2,000 | ₹1,26,000 |
| HNI (Min) | 2 | 4,000 | ₹2,52,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Omnipotent Industries are primarily engaged in the business of supplying bulk and packed bitumen as well as other bituminous products. The company either directly imports these products or buys from third-party importers and sells them to their various distributors as well as corporates. The company's products include bitumen 60/70 & 80/100, bitumen VG10, VG30, VG 40; bitumen emulsion, blown bitumen, micro surfacing bitumen, and modified bitumen CRMB, PMB, NRMB.
The company is also engaged in consultancy services of setting up of plants for Bitumen & Bituminous products. The company provides end-to-end solutions from identification of land, plant & machinery to imparting training & making policy with staff on marketing & quality testing. The company has relationships with various importers, manufacturers, transporters, warehousing & bulk storage entities which gives them a cost advantage due to bulk purchase as well as sharing of logistics costs.
The company is in the process of shifting its plant at Gandhidham, Kutch, Gujarat, which will be managed by a third-party operator.
Competitive Strengths:
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 31-Jul-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 235.14 | 188.90 | 97.74 | 108.40 | |
| Total Revenue | 658.29 | 1,008.54 | 501.79 | 309.77 | |
| Profit After Tax | 10.30 | 13.95 | 3.75 | 0.14 | |
The net proceed from the IPO will be utilized towards the following purposes;
[Dilip Davda] Though the issue appears reasonably priced following its super earnings for the last 16 months (pre-IPO periods). OIL is in a highly competitive field with a fragmented segment. Major concerns are sustainability of such performance going forward, third party management of its own plant operations. It is also in the process of relocation of its plant which may impact its business. Nearly 50% equity dilution also remains a worry. Considering all these, there is no harm in giving this issue a miss. Read detail review...
| Listing Date | November 29, 2021 |
| BSE Script Code | 543400 |
| NSE Symbol | |
| ISIN | INE0JFE01012 |
| Final Issue Price | ₹63 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹63.00 |
| Open | ₹99.00 |
| Low | ₹94.05 |
| High | ₹99.00 |
| Last Trade | ₹94.05 |
Omnipotent Industries Ltd.
1/11, Damji Nenshi Wadi,
Station Road,
Bhandup West,
Mumbai, Maharashtra, 400078
Phone: +91 22 2167 0184
Email: cs@omnipotent.co.in
Website: https://www.omnipotent.co.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Omnipotent Industries IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹18.90 Crores. The issue is priced at ₹63 per share. The minimum order quantity is 2000.
The IPO opens on November 16, 2021, and closes on November 22, 2021.
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 Omnipotent Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Omnipotent Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Omnipotent Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Omnipotent Industries IPO opens on November 16, 2021 and closes on November 22, 2021.
Omnipotent Industries IPO lot size is 2000, and the minimum amount required for application is ₹1,26,000.
You can apply in Omnipotent 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 Omnipotent Industries IPO will be done on Thursday, November 25, 2021, and the allotted shares will be credited to your demat account by Monday, November 29, 2021. Check the Omnipotent Industries IPO allotment status.
The Omnipotent Industries IPO listing date is on Monday, November 29, 2021.
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