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R J Bio-Tech IPO is a fixed price issue of ₹5.00 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹5.00 crore.
R J Bio-Tech IPO bidding started from Sep 10, 2013 and ended on Sep 12, 2013. The allotment for R J Bio-Tech IPO was finalized on Sep 13, 2013. The shares got listed on BSE SME on Sep 25, 2013.
R J Bio-Tech IPO price is ₹20.00 per share . The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (6000 shares). The minimum lot size investment for HNI is 2 lots (12,000 shares), amounting to ₹2,40,000.
Sarthi Capital Advisors 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 Choice Equity Broking Pvt.Ltd..
Refer to R J Bio-Tech IPO DRHP for detailed Information.
| IPO Date | September 10, 2013 to September 12, 2013 |
| Listing Date | September 25, 2013 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 25,02,000 shares (aggregating up to ₹5.00 Cr) |
| Reserved for Market Maker | 1,26,000 shares Choice Equity Broking Pvt.Ltd. (aggregating up to ₹0.2520 Cr) |
| Net Offered to Public | 23,76,000 shares (aggregating up to ₹4.75 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 69,65,600 shares |
| Share Holding Post Issue | 94,67,600 shares |
R J Bio-Tech IPO offers total 25,02,000 shares. Out of which 11,88,000 (47.48%) allocated to NII, 11,88,000 (47.48%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,26,000 (5.04%) |
| NII (HNI) Shares Offered | 11,88,000 (47.48%) |
| Retail Shares Offered | 11,88,000 (47.48%) |
| Total Shares Offered | 25,02,000 (100.00%) |
R J Bio-Tech IPO opens on September 10, 2013, and closes on September 12, 2013.
| IPO Open Date | Tue, Sep 10, 2013 |
| IPO Close Date | Thu, Sep 12, 2013 |
| Tentative Allotment | Fri, Sep 13, 2013 |
| Initiation of Refunds | Mon, Sep 16, 2013 |
| Credit of Shares to Demat | Mon, Sep 16, 2013 |
| Tentative Listing Date | Wed, Sep 25, 2013 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Sep 12, 2013 |
Investors can bid for a minimum of 6,000 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 | 6,000 | ₹1,20,000 |
| Retail (Max) | 1 | 6,000 | ₹1,20,000 |
| HNI (Min) | 2 | 12,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in December 2005, R J Biotech Ltd. is an agri-biotechnology company that focuses on developing proprietary hybrids with improved nutritional and economic characteristics. The company works with various crops, including fiber crops like cotton, cereal crops such as rice, maize, and pearl millet, and a variety of vegetable crops.
The company operates well-equipped research stations in Aurangabad and Hyderabad, staffed by experienced scientists and breeders.
These facilities enhance crop improvement, production, and marketing of hybrid seeds. R J Bio-Tech has released 31 field and 42 vegetable crop hybrids, establishing leadership in states for chili, tomato, okra, and watermelon hybrids.
The company runs processing plants with a total capacity of 45,000 metric tons per year and provides about 40,000 square feet of storage. Its network spans several Indian states, backed by 250-300 dealers, 300-350 distributors, and 1,000-1,500 sub-dealers focused on delivering quality seeds to farmers.
The company offers a wide range of hybrid seeds, including:
Field Crops: Cotton, maize, bajra (pearl millet), paddy (rice), and wheat
Vegetables: Tomato, chili, okra (ladyfinger), watermelon, brinjal (eggplant), and gourds
Other Crops: Sunflower and mustard
The company's strong distribution network comprises over 1,000 sub-dealers and distributors, making its products accessible to farmers nationwide.
As of March 2013, the company had 110 employees, with over 45% in sales and marketing and 18% in R&D activities, supporting expansion plans.
| Period Ended | 31 Mar 2013 | 31 Mar 2012 | 31 Mar 2011 | 31 Mar 2010 | 31 Mar 2009 |
| Assets | 40.56 | 38.55 | 27.62 | 17.32 | 11.15 |
| Total Income | 19.85 | 16.1 | 13.44 | 9.12 | 5.5 |
| Profit After Tax | 1.3 | 0.54 | 0.41 | 0.4 | 0.2 |
| Reserves and Surplus | 7.51 | 4.93 | 2.79 | 0.61 | 0.21 |
| Amount in ₹ Crore | |||||
The market capitalization of R J Bio-Tech IPO is ₹18.94 Cr.
KPI as of Sun, Mar 31, 2013.
| KPI | Values |
|---|---|
| Debt/Equity | 1.28 |
| RoNW | 11.21 |
| PAT Margin | 7.00% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 1.87 | 1.38 |
| P/E (x) | 10.69 | 14.53 |
The Company R J Bio-Tech 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 | Working Capital Requiremen | 44.04 |
| 2 | ssue Expenses | 6 |
| Listing Date | September 25, 2013 |
| BSE Script Code | 536456 |
| NSE Symbol | |
| ISIN | INE594O01015 |
| Final Issue Price | ₹20 per share |
| Price Details |
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| Final Issue Price |
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R J Bio-Tech Ltd.
Siddharth Arcade,
Opp.MTDC,
Railway Station Road
Aurangabad, Maharashtra, 431005
Phone: +91 240 2332111
Email: mitesh@rjbiotech.com
Website: https://rjbiotech.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
R J Bio-Tech IPO is a SME IPO of 25,02,000 equity shares of the face value of ₹10 aggregating up to ₹5.00 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on September 10, 2013, and closes on September 12, 2013.
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 R J Bio-Tech IPO using UPI as a payment gateway. Zerodha customers can apply in R J Bio-Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in R J Bio-Tech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The R J Bio-Tech IPO opens on September 10, 2013 and closes on September 12, 2013.
R J Bio-Tech IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in R J Bio-Tech 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 R J Bio-Tech IPO will be done on Friday, September 13, 2013, and the allotted shares will be credited to your demat account by Monday, September 16, 2013. Check the R J Bio-Tech IPO allotment status.
The R J Bio-Tech IPO listing date is on Wednesday, September 25, 2013.
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