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Oriental Trimex IPO is a book build issue of ₹44.70 crores. The issue is entirely a fresh issue of 0.93 crore shares of ₹44.70 crore.
Oriental Trimex IPO bidding started from Feb 8, 2007 and ended on Feb 14, 2007. The shares got listed on BSE, NSE on Mar 7, 2007.
Oriental Trimex IPO price band is set at ₹48.00 per share . The lot size for an application is 125. The minimum amount of investment required by an retail is ₹5,000 (125 shares). The lot size investment for sNII is 34 lots (4,250 shares), amounting to ₹2,04,000, and for bNII, it is 167 lots (20,875 shares), amounting to ₹10,02,000.
Almondz Global Securities Ltd. is the book running lead manager and Beetal Financial & Computer Services Pvt.Ltd. is the registrar of the issue.
Refer to Oriental Trimex IPO RHP for detailed Information.
| IPO Date | February 8, 2007 to February 14, 2007 |
| Listing Date | March 7, 2007 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹40 to ₹48 per share |
| Issue Price Final | ₹48 per share |
| Lot Size | 125 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 93,11,875 shares (aggregating up to ₹44.70 Cr) |
| Reserved for Private Promoter | 6,00,000 shares (aggregating up to ₹3 Cr) |
| Net Offered to Public | 87,11,875 shares (aggregating up to ₹41.82 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 55,03,333 shares |
| Share Holding Post Issue | 1,55,03,333 shares |
Oriental Trimex IPO offers total 94,00,000 shares. Out of which 47,00,000 (50.00%) allocated to QIB, 14,10,000 (15.00%) allocated to NII, 32,90,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 47,00,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 14,10,000 (15.00%) | NA |
| Retail Shares Offered | 32,90,000 (35.00%) | 26,320 |
| Total Shares Offered | 94,00,000 (100.00%) |
Oriental Trimex IPO opens on February 8, 2007, and closes on February 14, 2007.
| IPO Open Date | Thu, Feb 8, 2007 |
| IPO Close Date | Wed, Feb 14, 2007 |
| Tentative Listing Date | Wed, Mar 7, 2007 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Feb 14, 2007 |
Investors can bid for a minimum of 125 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 | 125 | ₹6,000 |
| Retail (Max) | 33 | 4,125 | ₹1,98,000 |
| S-HNI (Min) | 34 | 4,250 | ₹2,04,000 |
| S-HNI (Max) | 166 | 20,750 | ₹9,96,000 |
| B-HNI (Min) | 167 | 20,875 | ₹10,02,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1996, Oriental Trimex Limited is in the business of cutting, polishing and processing of imported marble as well as indigenous marble and trading of granite. The Company has marble processing unit at Greater Noida with a licensed and installed capacity of 12,600 MT per annum.
Oriental Trimex imports rough marble blocks from Middle East, South East Asian Countries, Greece, Egypt, Spain, Turkey, Italy and sells it after processing in the domestic market to institutional as well as retail customers.
India being third largest exporter of stones in the world with Indian stone exports amounting to Rs. 34 billion in 2003-04, with granite alone accounting for Rs 26 billion. Oriental Trimex has plans to tap this export market by acquiring its own granite quarries and setting up granite processing unit. It has already secured mining rights for two quarries for extracting granites at Rairangpur and Behrampur in Orissa measuring 6.90 acres and 38.14 acres respectively.
| KPI | Values |
|---|---|
| RoNW | 40.89% |
The Company Oriental Trimex IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Expansion of capacity of marble processing at its Greater Noida processing unit | 30.00 |
| 2 | Setting up of a new marble processing unit at Kolkatta | 44.83 |
| 3 | Setting up of a new marble-processing unit at Bangalore | 69.97 |
| 4 | Setting up of a new granite/decorative stones processing unit at Balasore (Orissa) | 96.57 |
| 5 | Acquiring additional mining equipments for granite quarries in Orissa | 28.32 |
| 6 | Setting up of retail marketing outlet at Delhi and installation of equipments at Chennai outlet | 58.35 |
| 7 | Long term working capital requirement | 102.00 |
| 8 | Public Issue expenses | 25.00 |
| 9 | Pre-operative and Preliminary Expenses | 7.97 |
| 10 | Contingency provision | 9.03 |
| Listing Date | March 7, 2007 |
| BSE Script Code | 532817 |
| NSE Symbol | ORIENTALTL |
| ISIN | INE998H01012 |
| Final Issue Price | ₹48 per share |
| BSE Listing Group | B1 |
Oriental Trimex Ltd.
Oriental Trimex Limited,
708, 7th Floor, Padma Tower-I,
5 Rajindra Place, New Delhi – 110008
Delhi, New Delhi
Phone: +91 11 41536970
Email: ipo@orientaltrimex.com
Website: http://www.orientaltrimex.com/
Beetal Financial & Computer Services Pvt.Ltd.
Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo
Oriental Trimex IPO is a main-board IPO of 93,11,875 equity shares of the face value of ₹10 aggregating up to ₹44.70 Crores. The issue is priced at ₹48 per share. The minimum order quantity is 125.
The IPO opens on February 8, 2007, and closes on February 14, 2007.
Beetal Financial & Computer Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Oriental Trimex IPO using UPI as a payment gateway. Zerodha customers can apply in Oriental Trimex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Oriental Trimex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Oriental Trimex IPO opens on February 8, 2007 and closes on February 14, 2007.
Oriental Trimex IPO lot size is 125, and the minimum amount required for application is ₹6,000.
You can apply in Oriental Trimex 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 Oriental Trimex IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Oriental Trimex IPO allotment status.
The Oriental Trimex IPO listing date is on Wednesday, March 7, 2007.
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