Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Fri, Mar 28, 2014 - Fri, Apr 4, 2014
R&B Denims IPO is a fixed price issue of ₹3.71 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹3.71 crore.
R&B Denims IPO bidding started from Mar 28, 2014 and ended on Apr 4, 2014. The shares got listed on BSE SME on Apr 22, 2014.
R&B Denims IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Hem Securities 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 Hem Securities Ltd..
Refer to R&B Denims IPO RHP for detailed Information.
IPO Open
Fri, Mar 28, 2014
IPO Close
Fri, Apr 4, 2014
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹13.99 Cr
| IPO Date | 28 Mar to 4 Apr, 2014 |
| Listed on | Tue, Apr 22, 2014 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 37,10,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 1,90,000 shares Hem Securities Ltd. (agg. up to ₹0.1900 Cr) |
| Fresh Issue (Ex Market Maker) | 35,20,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 35,20,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 1,02,84,688 shares |
| Share Holding Post Issue | 1,39,94,688 shares |
| BSE Script Code | 538119 |
| ISIN | INE012Q01013 |
R&B Denims IPO comprises a total issue size of 37,10,000 shares. The net offer to the public is 35,20,000 shares, after excluding 1,90,000 shares allotted on a firm basis. Of the Net offer 17,60,000 (50.00%) allocated to NII 17,60,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 17,60,000 | 50.00% | 47.44% |
| Retail Shares Offered | 17,60,000 | 50.00% | 47.44% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,90,000 | 5.12% | |
| Total Shares Offered | 37,10,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Incorporated in 2010, R & B Denims Ltd is engaged in denim textile production and marketing. Company's products include open end/ ring spun yarns, slub yarns, multi count, cottons and polyester spandex. They come as Indigo dyed, Sulphur Dyed, Indigo bottom Sulphur toppings and Sulphur bottom and Indigo toppings, with both foam and wet finishes.
These are the main products manufactured under the umbrella of “R & B Denims”, along with others fancy yarn play in weft patterns in different weave designs. All of these, in various chemical and mechanical finishes. R & B Denims has a production capacity of more than 20 million meters per annum.
| 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 | Part Repayment of Term Loan-II taken from Bank of India | 3.30 |
| KPI | |
|---|---|
| RoNW | 0.04% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 56.95% | 41.85% |
| Market Cap | ₹13.99 Cr. |
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 Underwriting and Selling Commissions, Brokerages, Payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses | 0.34 |
| 2 | Printing and Stationery and Postage Expenses | 0.03 |
| 3 | Advertising and Marketing expenses | 0.02 |
| 4 | Regulatory fees and expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹10.55 |
| Low | ₹10.55 |
| High | ₹11.05 |
| Last Trade | ₹11.05 |
Lead Manager Reports
R&B Denims IPO is a SME IPO of 37,10,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Fri, Mar 28, 2014, and closes on Fri, Apr 4, 2014.
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&B Denims IPO using UPI as a payment gateway. Zerodha customers can apply in R&B Denims IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in R&B Denims IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The R&B Denims IPO opens on Fri, Mar 28, 2014 and closes on Fri, Apr 4, 2014.
R&B Denims IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in R&B Denims 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&B Denims IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the R&B Denims IPO allotment status.
The R&B Denims IPO listing date is on Tue, Apr 22, 2014.
