Fixed Price IPO | ₹19 Cr | Listed at BSE SME | Tue, Nov 16, 2021 - Mon, Nov 22, 2021
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Tue, Nov 16, 2021
IPO Close
Mon, Nov 22, 2021
Issue Price
₹63 per share
Market Cap (Pre-IPO)
₹38.12 Cr
| IPO Date | 16 to 22 Nov, 2021 |
| Listed on | Mon, Nov 29, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹63 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 30,00,000 shares (agg. up to ₹19 Cr) |
| Reserved for Market Maker | 1,52,000 shares Sernet Financial Services Pvt.Ltd. (agg. up to ₹0.9576 Cr) |
| Fresh Issue (Ex Market Maker) | 28,48,000 shares (agg. up to ₹18 Cr) |
| Net Offered to Public | 28,48,000 shares (agg. up to ₹18 Cr) |
| Share Holding Pre Issue | 30,50,000 shares |
| Share Holding Post Issue | 60,50,000 shares |
| BSE Script Code | 543400 |
| ISIN | INE0JFE01012 |
Omnipotent Industries IPO comprises a total issue size of 30,00,000 shares. The net offer to the public is 28,48,000 shares, after excluding 1,52,000 shares allotted on a firm basis. Of the Net offer 14,24,000 (50.00%) allocated to NII 14,24,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 14,24,000 | 50.00% | 47.47% |
| Retail Shares Offered | 14,24,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,52,000 | 5.07% | |
| Total Shares Offered | 30,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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 |
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:
| 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 | Repayment of Loans | 8.00 |
| 2 | Augmenting additional working capital requirements | 6.67 |
| 3 | General Corporate Purposes | 3.48 |
The Omnipotent Industries IPO is subscribed 1.17 times on November 22, 2021 7:19:00 AM (Day 6). The public issue subscribed 1.34 times in the retail category, [.] times in the QIB category, and 1 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1 | 14,24,000 | 14,22,000 |
| Retail | 1.34 | 14,24,000 | 19,10,000 |
| Total | 1.17 | 28,48,000 | 33,32,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting, and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses | 0.61 |
| 2 | Advertising and marketing expenses | 0.05 |
| 3 | Printing and stationery expenses, distribution, and postage | 0.03 |
| 4 | ROC, Regulatory and other expenses including Listing Fee | 0.06 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹63.00 |
| Open | ₹99.00 |
| Low | ₹94.05 |
| High | ₹99.00 |
| Last Trade | ₹94.05 |
Lead Manager Reports
Omnipotent Industries IPO is a SME IPO of 30,00,000 equity shares of the face value of ₹10 aggregating up to ₹19 Crores. The issue is priced at ₹63 per share. The minimum order quantity is 2000.
The IPO opens on Tue, Nov 16, 2021, and closes on Mon, Nov 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 Tue, Nov 16, 2021 and closes on Mon, Nov 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 Mon, Nov 29, 2021. Check the Omnipotent Industries IPO allotment status.
The Omnipotent Industries IPO listing date is on Mon, Nov 29, 2021.
