Fixed Price IPO | ₹4 Cr | Listed at NSE SME | Tue, Dec 27, 2016 - Fri, Dec 30, 2016
Prolife Industries IPO is a fixed price issue of ₹4.22 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹4.22 crore.
Prolife Industries IPO bidding started from Dec 27, 2016 and ended on Dec 30, 2016. The shares got listed on NSE SME on Jan 9, 2017.
Prolife Industries IPO price is ₹38 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,14,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,28,000.
Swastika Investmart Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Beeline Broking Ltd..
Refer to Prolife Industries IPO RHP for detailed Information.
IPO Open
Tue, Dec 27, 2016
IPO Close
Fri, Dec 30, 2016
Issue Price
₹38 per share
Market Cap (Pre-IPO)
₹15.56 Cr
| IPO Date | 27 to 30 Dec, 2016 |
| Listed on | Mon, Jan 9, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹38 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 11,10,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 60,000 shares Beeline Broking Ltd. (agg. up to ₹0.2280 Cr) |
| Fresh Issue (Ex Market Maker) | 10,50,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 10,50,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 29,84,080 shares |
| Share Holding Post Issue | 40,94,080 shares |
| NSE Symbol | PROLIFE |
| ISIN | INE994V01012 |
Prolife Industries IPO comprises a total issue size of 11,10,000 shares. The net offer to the public is 10,50,000 shares, after excluding 60,000 shares allotted on a firm basis. Of the Net offer 5,25,000 (50.00%) allocated to NII 5,25,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,25,000 | 50.00% | 47.30% |
| Retail Shares Offered | 5,25,000 | 50.00% | 47.30% |
| Firm Reservations | |||
| Market Maker Shares Offered | 60,000 | 5.41% | |
| Total Shares Offered | 11,10,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,14,000 |
| Retail (Max) | 1 | 3,000 | ₹1,14,000 |
| HNI (Min) | 2 | 6,000 | ₹2,28,000 |
Prolife Industries Ltd (PIL) is engaged in the business of manufacturing special and exclusive range of intermediates for dyes, pigments, pharmaceuticals, agrochemicals and others. The company originally founded in the year 1994 in the name of Mamta Dyes & Intermediates Private Ltd and has been in this Industry from the very inception. Company has established even its own Research & Development Department within few years of incorporation of the company. It has already succeeded in developing very high quality Specialty Chemicals as result of thorough knowledge and R & D efforts. The company has established its presence in domestic as well export market and are regularly catering to the needs of their customers in many countries including U.S.A, Spain, Switzerland, Germany, France, Taiwan, Japan, Germany, Brazil etc.
| 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 | Expansion of the existing manufacturing operations | 4.07 |
| 2 | General Corporate Purpose | 1.00 |
| 3 | Public Issue Expenses | 0.35 |
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 including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.26 |
| 2 | Printing & Stationery and Postage Expenses | 0.02 |
| 3 | Marketing and Advertisement Expenses | 0.03 |
| 4 | Regulatory fees and other expenses | 0.03 |
| 5 | Other Miscellaneous expenses | 0.03 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹38.00 |
| Open | ₹42.00 |
| Low | ₹35.50 |
| High | ₹42.00 |
| Last Trade | ₹37.10 |
Lead Manager Reports
Prolife Industries IPO is a SME IPO of 11,10,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹38 per share. The minimum order quantity is 3000.
The IPO opens on Tue, Dec 27, 2016, and closes on Fri, Dec 30, 2016.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Prolife Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Prolife Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Prolife Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Prolife Industries IPO opens on Tue, Dec 27, 2016 and closes on Fri, Dec 30, 2016.
Prolife Industries IPO lot size is 3000, and the minimum amount required for application is ₹1,14,000.
You can apply in Prolife 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 Prolife Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Prolife Industries IPO allotment status.
The Prolife Industries IPO listing date is on Mon, Jan 9, 2017.
