Upcoming IPOs and Current IPOs list (Initial Public Offering):
- MTAR Technologies Limited IPO – 3 Mar – 5 Mar – Allotment, Listing, Grey market, discussion
- Heranba Industries Limited IPO – 23 Feb – 25 Feb – Allotment, Listing, Grey market, discussion
- RailTel Limited IPO – 16 Feb – 18 Feb – Allotment, Listing, Grey market, discussion
- Nureca Limited IPO – 15 Feb – 17 Feb – Allotment, Listing, Grey market, discussion
- Stove Kraft Limited IPO – 25 Jan – 28 Jan – Allotment, Listing, Grey market, discussion
- Home First Finance Company India Limited, HFFC IPO – 21 Jan – 25 Jan – Details
- Indigo Paints Limited IPO – 20 Jan – 22 Jan – Allotment, Listing, Grey market, discussion
- IRFC IPO – 18 Jan – 20 Jan – Allotment, Listing, Grey market, discussion
MTAR Technologies Limited IPO details (Price: 574 – 575)
Listing date and Listing Price of MTAR Technologies Limited IPO :
- MTAR Technologies Limited IPO listed on BSE and NSE exchanges on –
- Listing Price of MTAR Technologies Limited IPO on NSE –
- Listing Price of MTAR Technologies Limited IPO on BSE –
Grey Market premium (GMP) price of MTAR Technologies Limited IPO :
Grey Market premium (GMP) price of MTAR Technologies Limited IPO is Rs. 400 to 500. Grey Market premium (GMP) of MTAR Technologies Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
MTAR Technologies Limited IPO Allotment link status on Kfintech:
Check the allotment status of MTAR Technologies Limited IPO on these three links given by Kfintech.
- MTAR Technologies Limited IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- MTAR Technologies Limited IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- MTAR Technologies Limited IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/
MTAR Technologies Limited IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.
MTAR Technologies Limited IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select MTAR Technologies Limited IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- The allotment status of MTAR Technologies Limited IPO, with no. of shares allotted will come.
MTAR Technologies Limited IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Total No. of times applied | |
| No. of shares offered | 20,74,484 | 15,55,86 | 36,30,34 | 72,60,69 |
| Day 1 | 0 | 1.02 x | 6.93 x | 3.68 x |
| Day 2 | 0.96 x | 8.04x | 16.55x | 10.27x |
| Day 3 | 164.99x | 650.79x | 28.40x | 200.79x |
MTAR Technologies Limited IPO highlights:
| MTAR Technologies Limited IPO bid Opens on | 3rd March 2021, Wednesday |
| MTAR Technologies Limited IPO bid Closes on | 5th March 2021, Friday |
| Post issue Modification Period | 6- March -2021 (10.00 A.M. to 11.00 A.M.) |
| Cut-off time for UPI Mandate Confirmation | 6- March -2021 (upto 12:00 PM) |
| Issue type | 100% Book Building |
| MTAR Technologies Limited IPO issue size | ₹ 596.41 Cr (5964 million), Public Issue of 10,372,419 Equity Shares |
| Face value of each equity share | Rs. 10 |
| MTAR Technologies Limited IPO Price band | Rs. 574 to Rs. 575 per share |
| MTAR Technologies Limited IPO market lot | 26 equity shares and multiples of 26 |
| MTAR Technologies Limited IPO minimum order quantity | 26 equity shares |
| Pre IPO equity share of promoters of MTAR Technologies Limited | 62.24 % |
| Post IPO paid-up equity share of promoters of MTAR Technologies Limited | 50 % |
| QIB portion reservation in MTAR Technologies Limited IPO | 50 % |
| NIB portion reservation in MTAR Technologies Limited IPO | 15 % |
| Retail portion reservation in MTAR Technologies Limited IPO | 35 % |
| Retail individual bidder can apply in MTAR Technologies Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in MTAR Technologies Limited IPO | NA |
| Employees can apply in MTAR Technologies Limited IPO | up to 2 lakh (200,000) |
| Reservation for employees in MTAR Technologies Limited IPO | NA |
| Discount for employees in MTAR Technologies Limited IPO | NA |
| Listing of MTAR Technologies Limited at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of MTAR Technologies Limited | NA |
| Promoters of MTAR Technologies Limited | Parvat Srinivas Reddy, P. Leelavathi, K. Shalini, D. Anitha Reddy, C. Usha Reddy, G. Kavitha Reddy, Anushman Reddy, P. Kalpana Reddy, Saranya Loka Reddy, A. Manogna, and M. Madhavi |
| MTAR Technologies Limited IPO lead managers | JM Financial Limited, IIFL Securities Limited |
| Sponsor Bank | ICICI Bank Limited |
| Registrar of MTAR Technologies Limited IPO issue | KFin Technologies Private Limited |
MTAR Technologies Limited IPO important dates regarding bidding, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of MTAR Technologies Limited IPO are mentioned below.
| MTAR Technologies Limited IPO opens on | 03.03.2021 |
| MTAR Technologies Limited IPO Closes on | 05.03.2021 |
| Allotment basis date of MTAR Technologies Limited IPO | 10.03.2021 |
| Money refund date of MTAR Technologies Limited IPO | 12.03.2021 |
| Shares of MTAR Technologies Limited in Demat Account | 15.03.2021 |
| MTAR Technologies Limited IPO listing date on NSE, BSE | 16.03.2021 |
How much shares of MTAR Technologies Limited IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | 10,372,419 | ₹596.41 Cr (5964million) |
| Fresh Issue size | 2,148,149 | ₹123.52 Cr (1235 million) |
| Offer for Sale (OFS) | 8,224,270 | ₹472.90 Cr (4729 million) |
| Employee Reservation | – | – |
MTAR Technologies Limited financial statements details:
| 31.12.2020 | 31.03.2020 | 31.03.2019 | 31.03.2018 | |
| (₹ million) | (₹ million) | (₹ million) | (₹ million) | |
| Total Assets | 3,819.14 | 3,462.71 | 3,051.58 | 2,810.32 |
| Total income | 1,779.91 | 2,181.42 | 1,859.10 | 1,605.45 |
| Net Profit or Loss | 280.69 | 313.18 | 391.99 | 54.23 |
IPO Red Herring Prospectus (RHP) of MTAR Technologies Limited:
Click here for IPO RHP of MTAR Technologies Limited on NSE website.
MTAR Technologies Limited IPO details about bid opening, closing, allottment, how to apply etc (FAQ):
1. What is the MTAR Technologies Limited IPO bid / issue / subscription opening date and closing date?
Ans : MTAR Technologies Limited IPO will open for subscription from 3rd March 2021, Wednesday to 5th March 2021, Friday.
2. Who are the lead managers of MTAR Technologies Limited IPO ?
Ans : The lead managers for MTAR Technologies Limited IPO are :ICICI Securities Limited, IDBI Capital Markets & Securities Limited, SBI Capital Markets Limited.
3. Who is the Registrar of MTAR Technologies Limited IPO issue ?
Ans : KFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited)
- Address : Selenium Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi 500 032, Telangana, India.
- Telephone: +91 40 6716 2222
- E-mail: einward.ris@kfintech.com
- Website: http://www.kfintech.com
- Contact Person: M Murali Krishna
4. In MTAR Technologies Limited IPO, how much is reserved for QIB (Qualified Institutional Bidders) portion?
Ans : In MTAR Technologies Limited IPO, not more than 50% of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”). Up to 60% of the QIB Portion to Anchor Investors can be allocated. Up to one-third of QIB Portion to Anchor Investors shall be reserved for domestic Mutual Funds.
5. In MTAR Technologies Limited IPO, how much is reserved for NII (Non-institutional Investor) portion ?
Ans : In MTAR Technologies Limited IPO, NII (Non-institutional Investor) portion is reserved at not less than 15% of the Net issue of equity shares.
6. In MTAR Technologies Limited IPO, how much is reserved for RII (Retail Individual Investor) portion ?
Ans : In MTAR Technologies Limited IPO, RII (Retail Individual Investor) portion is reserved at not less than 35 % of the Net issue of equity shares.
7. In MTAR Technologies Limited IPO, how much Retail individual bidder can apply?
Ans : In MTAR Technologies Limited IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs).
8. In MTAR Technologies Limited IPO, how much discount is available for Retail individual bidder ?
Ans : In MTAR Technologies Limited IPO, there is no retail bidding discount is available.
9. In MTAR Technologies Limited IPO, is there any Employees reservation?
Ans : MTAR Technologies Limited IPO will have 5% reservation.
10. In MTAR Technologies Limited IPO, how much bid Employees can apply?
Ans : In MTAR Technologies Limited IPO, Employees bidder can apply up to 2 lakh (200,000).
11. In MTAR Technologies Limited IPO, how much discount is available for Employees bidder ?
Ans : In MTAR Technologies Limited IPO, there is no discount for eligible employees.
12. What will be pre issue and post issue paid-up equity share of MTAR Technologies Limited promoters?
Ans : The pre issue and post issue paid-up equity share of MTAR Technologies Limited promoters are :
- The Pre issue equity share of MTAR Technologies Limited was 62.24%.
- The post issue equity share of MTAR Technologies Limited will be 50 %.
13. What is the MTAR Technologies Limited IPO Price band?
Ans : Price band of MTAR Technologies Limited IPO will be Rs. 574 to Rs 575 per share.
14. Via IPO of MTAR Technologies Limited, how much Fund will be raised?
Ans : MTAR Technologies Limited will raise up to Rs 596.41 crore via IPO.
15. How much money were already raised through MTAR Technologies Limited pre-IPO Anchor Investors ?
Ans : Anchor Investors (A Qualified Institutional Buyer, who has Bid for an amount of at least ₹100 million) will participate in pre-IPO investment of MTAR Technologies Limited, on 2nd March 2021, one working day before the IPO bid opening date.
16. Who were the Anchor Investors in MTAR Technologies Limited pre-IPO?
Ans :NA
17. How to apply or bid in MTAR Technologies Limited IPO?
Ans : All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatory through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.
18. How is the MTAR Technologies Limited IPO Grading by Rating agencies like Crisil, ICRA, Care etc. ?
Ans : NA.
Objectives of the MTAR Technologies Limited IPO Issue:
Offer for Sale
Our Company will not receive any proceeds from the Offer for Sale. The Selling Shareholders will be entitled to their respective portion of the proceeds of the Offer for Sale, net of their respective portion of the Offer related expenses.
Fresh Issue
Our Company proposes to utilise the Net Proceeds from the Fresh Issue and the proceeds of the Pre-IPO Placement towards funding the following objects:
- Repayment / prepayment in full or in part, of borrowings availed by our Company
- Funding working capital requirements; and
- General corporate purposes.
What MTAR Technologies Limited as a company does?: (Source – RHP)
We are a leading precision engineering solutions company engaged in the manufacture of mission critical precision components with close tolerances (5-10 microns), and in critical assemblies, to serve projects of high national importance, through our precision machining, assembly, testing, quality control, and specialized fabrication competencies, some of which have been indigenously developed and manufactured (Source: Company Commissioned CRISIL Report).
We primarily serve customers in the clean energy, nuclear and space and defence, sectors. Since inception, we have strived to grow continually, contributing to the Indian civilian nuclear power programme, Indian space programme, Indian defence and aerospace sector, as well as to the global clean energy sector and the global defence and aerospace sector. Over the years, we have also developed import substitutes such as ball screws and water lubricated bearings that are specialized and used in the sectors we cater to (Source: Company Commissioned CRISIL Report).
We believe the engineering capability of our Company, evolved over decades, has enabled us to consistently offer quality complex precision manufactured components and assemblies, within stipulated timelines and at reasonable cost in most cases, allowing us to forge a robust relationship with our customers.
Heranba Industries Limited IPO details
Listing date and Listing Price of Heranba Industries Limited IPO :
- Heranba Industries Limited IPO listed on BSE and NSE exchanges on – 05.03.2021
- Listing Price of Heranba Industries Limited IPO on NSE – Rs. 900, Premium of 43.54%
- Listing Price of Heranba Industries Limited IPO on BSE – Rs. 900, Premium of 43.54%
Grey Market premium (GMP) price of Heranba Industries Limited IPO :
Grey Market premium (GMP) price of Heranba Industries Limited IPO is Rs. 170-180. Grey Market premium (GMP) of Heranba Industries Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
Heranba Industries Limited IPO Allotment link status on Bigshare :
Check the allotment status of Heranba Industries Limited IPO on the link given by Bigshare .
Heranba Industries Limited IPO Allotment check status – https://www.bigshareonline.com/BSSIPOApplicationStatus.aspx
Heranba Industries Limited IPO Allotment link status on Bigshare can be checked by Application No. / CAF or Beneficiary ID or PAN.
Heranba Industries Limited IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Total No. of times applied | |
| No. of shares offered | 19,95,448 | 14,95,791 | 34,90,178 | 69,81,417 |
| Day 1 | 0 | 0.02 x | 0.72 x | 0.37 x |
| Day 2 | 1.01x | 0.86 x | 4.53 x | 2.74 x |
| Day 3 | 67.45x | 271.15x | 11.84x | 83.29x |
Heranba Industries Limited IPO highlights:
| Heranba Industries Limited IPO bid Opens on | 23th Feb 2021, Tuesday |
| Heranba Industries Limited IPO bid Closes on | 25th Feb 2021, Thursday |
| Post issue Modification Period | 26-Feb-2021 (10.00 A.M. to 11.00 A.M.) |
| Cut-off time for UPI Mandate Confirmation | 26-Feb-2021 (upto 12:00 PM) |
| Issue type | 100% Book Building |
| Heranba Industries Limited IPO issue size | ₹ 60 Cr (600 million) Fresh Equity, and an Offer for Sale (OFS) of 90,15,000 Equity Shares |
| Face value of each equity share | Rs. 10 |
| Heranba Industries Limited IPO Price band | Rs. 626 to Rs. 627 per share |
| Heranba Industries Limited IPO market lot | 23 equity shares and multiples of 23 |
| Heranba Industries Limited IPO minimum order quantity | 23 equity shares |
| Pre IPO equity share of promoters of Heranba Industries Limited | 98.1 % |
| Post IPO paid-up equity share of promoters of Heranba Industries Limited | 74.1% |
| QIB portion reservation in Heranba Industries Limited IPO | 50 % |
| NIB portion reservation in Heranba Industries Limited IPO | 15 % |
| Retail portion reservation in Heranba Industries Limited IPO | 35 % |
| Retail individual bidder can apply in Heranba Industries Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Heranba Industries Limited IPO | NA |
| Employees can apply in Heranba Industries Limited IPO | up to 2 lakh (200,000) |
| Reservation for employees in Heranba Industries Limited IPO | NA |
| Discount for employees in Heranba Industries Limited IPO | NA |
| Listing of Heranba Industries Limited at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Heranba Industries Limited | NA |
| Promoters of Heranba Industries Limited | SADASHIV K. SHETTY AND RAGHURAM K. SHETTY |
| Heranba Industries Limited IPO lead managers | Emkay Global Financial Services Limited, Batlivala & Karani Securities India Private Limited |
| Sponsor Bank | ICICI Bank Limited |
| Registrar of Heranba Industries Limited IPO issue | Bigshare Services Private Limited |
Heranba Industries Limited IPO important dates regarding bidding, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Heranba Industries Limited IPO are mentioned below.
| Heranba Industries Limited IPO opens on | 23.02.2021 |
| Heranba Industries Limited IPO Closes on | 25.02.2021 |
| Allotment basis date of Heranba Industries Limited IPO | 02.03.2021 |
| Money refund date of Heranba Industries Limited IPO | 03.03.2021 |
| Shares of Heranba Industries Limited in Demat Account | 04.03.2021 |
| Heranba Industries Limited IPO listing date on NSE, BSE | 05.03.2021 |
How much shares of Heranba Industries Limited IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | ||
| Fresh Issue size | – | ₹ 60 Cr (600 million) |
| Offer for Sale (OFS) | 90,15,000 EQUITY SHARES | |
| Employee Reservation | – |
Heranba Industries Limited financial statements details:
| Half-year Sep 30, 2020 | Fiscal 2020 | Fiscal 2019 | Fiscal 2018 | |
| (₹ million) | (₹ million) | (₹ million) | (₹ million) | |
| Total Assets | 7,881.20 | 6,247.63 | 5,604.43 | 4,504.65 |
| Total Current Liabilities | 3,969.04 | 2,952.83 | 3,219.91 | 2,838.95 |
| Total income | 6,192.11 | 9,679.06 | 10,118.38 | 7,504.10 |
| Net Profit or Loss | 663.11 | 977.50 | 754.02 | 468.76 |
IPO Red Herring Prospectus (RHP) of Heranba Industries Limited:
Click here for IPO RHP of Heranba Industries Limited on SEBI website.
Heranba Industries Limited IPO details about bid opening, closing, allottment, how to apply etc (FAQ):
1. What is the Heranba Industries Limited IPO bid / issue / subscription opening date and closing date ?
Ans : Heranba Industries Limited IPO will open for subscription from 23th Feb 2021, Tuesday to 25th Feb 2021, Thursday.
2. Who are the lead managers of Heranba Industries Limited IPO ?
Ans : The lead managers for Heranba Industries Limited IPO are :Emkay Global Financial Services Limited, Batlivala & Karani Securities India Private Limited.
3. Who is the Registrar of Heranba Industries Limited IPO issue ?
Ans : The Registrar of Heranba Industries Limited IPO issue is Bigshare Services Private Limited.
- Bigshare Services Private Limited, 1st floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East),
Mumbai- 400 059, Maharashtra, India - Tel. No.: +91 22 6263 8200
- Email:ipo@bigshareonline.com
- Website: http://www.bigshareonline.com
- Contact Person: Ashish Bhope
- SEBI Registration No: INR000001385
4. In Heranba Industries Limited IPO, how much is reserved for QIB (Qualified Institl. Bidders) portion ?
Ans : In Heranba Industries Limited IPO, not more than 50% of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”). Up to 60% of the QIB Portion to Anchor Investors can be allocated. Up to one-third of QIB Portion to Anchor Investors shall be reserved for domestic Mutual Funds.
5. In Heranba Industries Limited IPO, how much is reserved for NII (Non-institutional Investor) portion ?
Ans : In Heranba Industries Limited IPO, NII (Non-institutional Investor) portion is reserved at not less than 15% of the Net issue of equity shares.
6. In Heranba Industries Limited IPO, how much is reserved for RII (Retail Individual Investor) portion ?
Ans : In Heranba Industries Limited IPO, RII (Retail Individual Investor) portion is reserved at not less than 35 % of the Net issue of equity shares.
7. In Heranba Industries Limited IPO, how much Retail individual bidder can apply?
Ans : In Heranba Industries Limited IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs).
8. In Heranba Industries Limited IPO, how much discount is available for Retail individual bidder ?
Ans : In Heranba Industries Limited IPO, there is no retail bidding discount is available.
9. In Heranba Industries Limited IPO, is there any Employees reservation?
Ans : Heranba Industries Limited IPO will have NO reservation.
10. In Heranba Industries Limited IPO, how much bid Employees can apply?
Ans : In Heranba Industries Limited IPO, Employees bidder can apply up to 2 lakh (200,000).
11. In Heranba Industries Limited IPO, how much discount is available for Employees bidder ?
Ans : In Heranba Industries Limited IPO, there is no discount for eligible employees.
12. What will be pre issue and post issue paid-up equity share of Heranba Industries Limited promoters?
Ans : The pre issue and post issue paid-up equity share of Heranba Industries Limited promoters are :
- The Pre issue equity share of Heranba Industries Limited was 98.1%.
- The post issue equity share of Heranba Industries Limited will be 74.1%.
13. What is the Heranba Industries Limited IPO Price band?
Ans : Price band of Heranba Industries Limited IPO will be Rs. 626 to Rs. 627 per share.
14. Via IPO of Heranba Industries Limited, how much Fund will be raised?
Ans : Heranba Industries Limited will raise up to ₹ 60 Cr (600 million) Fresh Equity, and an Offer for Sale (OFS) of 90,15,000 Equity Shares.
15. How much money were already raised through Heranba Industries Limited pre-IPO Anchor Investors ?
Ans : Anchor Investors (A Qualified Institutional Buyer, who has Bid for an amount of at least ₹100 million) will participate in pre-IPO investment of Heranba Industries Limited, on 15th Feb 2021, one working day before the IPO bid opening date.
16. Who were the Anchor Investors in Heranba Industries Limited pre-IPO?
Ans : (Source:NSE)
17. How to apply or bid in Heranba Industries Limited IPO?
Ans : All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatorily through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.
18. How is the Heranba Industries Limited IPO Grading by Rating agencies like Crisil, ICRA, Care etc. ?
Ans : NA.
Objectives of the Heranba Industries Limited IPO Issue:
Objects of the Fresh Issue : Our Company proposes to utilise the Net Proceeds from the offer for the following objects:
- To fund working capital requirements of Rs. 50 crore.
- General corporate purposes
What Heranba Industries Limited as a company does?: (Source – RHP)
We are a crop protection chemical manufacturer, exporter and marketing company based out of Vapi, Gujarat. We manufacture Intermediates, Technicals and Formulations. We are one of the leading domestic producers of synthetic pyrethroids like cypermethrin, alphacypermethrin, deltamethrin, permitherin, lambda cyhalothrin etc. Our Pesticides range includes insecticides, herbicides, fungicides and public health products for pest control.
Our business verticals include (a) Domestic Institutional sales of Technicals: manufacturing and selling of Technicals in bulk to domestic companies; (b) Technicals Exports: Exports of Technicals in bulk to customers outside India; (c) Branded Formulations: Manufacturing and selling of Formulations under our own brands through our own distribution network in India; (d) Formulations Exports: Export of Formulations in bulk and customer specified packaging outside India; and (e) Public Health: Manufacturing and selling of general insect control chemicals by participating in public health tenders issued by governmental authorities and selling to pest management companies.
RailTel Corporation of India Limited IPO details
Listing date and Listing Price of RailTel Limited IPO :
- RailTel Limited IPO listed on BSE and NSE exchanges on – 26.02.2021
- Listing Price of RailTel Limited IPO on NSE – 109, premium of 16 %
- Listing Price of RailTel Limited IPO on BSE – 104.60, premium of 11.27 %
Grey Market premium (GMP) price of RailTel Limited IPO :
Grey Market premium (GMP) price of RailTel Limited IPO is Rs. 35-40. Grey Market premium (GMP) of RailTel Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
RailTel Limited IPO Allotment link status on Kfintech:
Check the allotment status of RailTel Limited IPO on these three links given by Kfintech.
- RailTel Limited IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- RailTel Limited IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- RailTel Limited IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/
RailTel Limited IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.
RailTel Limited IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select RailTel Limited IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- The allotment status of RailTel Limited IPO, with no. of shares allotted will come.
RailTel Limited IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Employees | Total No. of times applied | |
| No. of shares offered | 1,73,69,237 | 1,29,98,006 | 3,03,28,680 | 5,00,000 | 6,11,95,923 |
| Day 1 | 0 | 0.75 x | 4.99 x | 0.81 x | 2.64 x |
| Day 2 | 2.96 x | 2.63 x | 10.55 x | 1.85 x | 6.64 x |
| Day 3 | 65.14 x | 73.25 x | 16.78 x | 3.35 x | 42.39 x |
RailTel Limited IPO highlights:
| RailTel Limited IPO bid Opens on | 16th Feb 2021, Tuesday |
| RailTel Limited IPO bid Closes on | 18th Feb 2021, Thursday |
| Post issue Modification Period | 19-Feb-2021 (10.00 A.M. to 11.00 A.M.) |
| Cut-off time for UPI Mandate Confirmation | 19-Feb-2021 (upto 12:00 PM) |
| Issue type | 100% Book Building |
| RailTel Limited IPO issue size | ₹ 100 Cr (1,000 million), Public Issue of 8,71,53,369 Equity Shares |
| Face value of each equity share | Rs. 10 |
| RailTel Limited IPO Price band | Rs. 93 to Rs. 94 per share |
| RailTel Limited IPO market lot | 155 equity shares and multiples of 155 |
| RailTel Limited IPO minimum order quantity | 155 equity shares |
| Pre IPO equity share of promoters of RailTel Limited | 100 % |
| Post IPO paid-up equity share of promoters of RailTel Limited | % |
| QIB portion reservation in RailTel Limited IPO | 50 % |
| NIB portion reservation in RailTel Limited IPO | 15 % |
| Retail portion reservation in RailTel Limited IPO | 35 % |
| Retail individual bidder can apply in RailTel Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in RailTel Limited IPO | NA |
| Employees can apply in RailTel Limited IPO | up to 5 lakh (500,000) |
| Reservation for employees in RailTel Limited IPO | NA |
| Discount for employees in RailTel Limited IPO | NA |
| Listing of RailTel Limited at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of RailTel Limited | NA |
| Promoters of RailTel Limited | THE PRESIDENT OF INDIA, ACTING THROUGH THE MINISTRY OF RAILWAYS, GOVERNMENT OF INDIA |
| RailTel Limited IPO lead managers | ICICI Securities Limited, IDBI Capital Markets & Securities Limited, SBI Capital Markets Limited |
| Sponsor Bank | ICICI Bank Limited |
| Registrar of RailTel Limited IPO issue | KFin Technologies Private Limited |
RailTel Limited IPO important dates regarding bidding, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of RailTel Limited IPO are mentioned below.
| RailTel Limited IPO opens on | 16.02.2021 |
| RailTel Limited IPO Closes on | 18.02.2021 |
| Allotment basis date of RailTel Limited IPO | 23.02.2021 |
| Money refund date of RailTel Limited IPO | 24.02.2021 |
| Shares of RailTel Limited in Demat Account | 24.02.2021 |
| RailTel Limited IPO listing date on NSE, BSE | 26.02.2021 |
How much shares of RailTel Limited IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | 87,153,369 | ₹819.24 Cr (8192.4 million) |
| Fresh Issue size | – | – |
| Offer for Sale (OFS) | 87,153,369 | ₹819.24 Cr (8192.4 million) |
| Employee Reservation | 500,000 | – |
RailTel Limited financial statements details:
| Half-year Sep 30, 2020 | Fiscal 2020 | Fiscal 2019 | Fiscal 2018 | |
| (₹ million) | (₹ million) | (₹ million) | (₹ million) | |
| Total Assets | 24,821.50 | 23,981.00 | 22,276.75 | 23,228.79 |
| Total Current Liabilities | 9,077.20 | 8,652.80 | 7,915.47 | 7,411.21 |
| Total income | 5,537.84 | 11,660.05 | 10,382.66 | 10,212.18 |
| Net Profit or Loss | 455.84 | 1,410.66 | 1,353.56 | 1,340.06 |
IPO Red Herring Prospectus (RHP) of RailTel Limited:
Click here for IPO RHP of RailTel Limited on NSE website.
RailTel Limited IPO details about bid opening, closing, allottment, how to apply etc (FAQ):
1. What is the RailTel Limited IPO bid / issue / subscription opening date and closing date ?
Ans : RailTel Limited IPO will open for subscription from 15th Feb 2021, Monday to 17th Feb 2021, Wednesday.
2. Who are the lead managers of RailTel Limited IPO ?
Ans : The lead managers for RailTel Limited IPO are :ICICI Securities Limited, IDBI Capital Markets & Securities Limited, SBI Capital Markets Limited.
3. Who is the Registrar of RailTel Limited IPO issue ?
Ans : KFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited)
- Address : Selenium Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi 500 032, Telangana, India.
- Telephone: +91 40 6716 2222
- E-mail: einward.ris@kfintech.com
- Website: http://www.kfintech.com
- Contact Person: M Murali Krishna
4. In RailTel Limited IPO, how much is reserved for QIB (Qualified Institl. Bidders) portion ?
Ans : In RailTel Limited IPO, not more than 50% of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”). Up to 60% of the QIB Portion to Anchor Investors can be allocated. Up to one-third of QIB Portion to Anchor Investors shall be reserved for domestic Mutual Funds.
5. In RailTel Limited IPO, how much is reserved for NII (Non-institutional Investor) portion ?
Ans : In RailTel Limited IPO, NII (Non-institutional Investor) portion is reserved at not less than 15% of the Net issue of equity shares.
6. In RailTel Limited IPO, how much is reserved for RII (Retail Individual Investor) portion ?
Ans : In RailTel Limited IPO, RII (Retail Individual Investor) portion is reserved at not less than 35 % of the Net issue of equity shares.
7. In RailTel Limited IPO, how much Retail individual bidder can apply?
Ans : In RailTel Limited IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs).
8. In RailTel Limited IPO, how much discount is available for Retail individual bidder ?
Ans : In RailTel Limited IPO, there is no retail bidding discount is available.
9. In RailTel Limited IPO, is there any Employees reservation?
Ans : RailTel Limited IPO will have 5% reservation.
10. In RailTel Limited IPO, how much bid Employees can apply?
Ans : In RailTel Limited IPO, Employees bidder can apply up to 5 lakh (500,000).
11. In RailTel Limited IPO, how much discount is available for Employees bidder ?
Ans : In RailTel Limited IPO, there is no discount for eligible employees.
12. What will be pre issue and post issue paid-up equity share of RailTel Limited promoters?
Ans : The pre issue and post issue paid-up equity share of RailTel Limited promoters are :
- The Pre issue equity share of RailTel Limited was 100%.
- The post issue equity share of RailTel Limited will be 74.21%.
13. What is the RailTel Limited IPO Price band?
Ans : Price band of RailTel Limited IPO will be Rs. 93 to Rs 94 per share.
14. Via IPO of RailTel Limited, how much Fund will be raised?
Ans : RailTel Limited will raise up to Rs 819.24 crore via IPO.
15. How much money were already raised through RailTel Limited pre-IPO Anchor Investors ?
Ans : Anchor Investors (A Qualified Institutional Buyer, who has Bid for an amount of at least ₹100 million) will participate in pre-IPO investment of RailTel Limited, on 15th Feb 2021, one working day before the IPO bid opening date.
16. Who were the Anchor Investors in RailTel Limited pre-IPO?
Ans : (Source:NSE)
17. How to apply or bid in RailTel Limited IPO?
Ans : All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatorily through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.
18. How is the RailTel Limited IPO Grading by Rating agencies like Crisil, ICRA, Care etc. ?
Ans : NA.
Objectives of the RailTel Limited IPO Issue:
Objects of the Fresh Issue : Our Company proposes to utilise the Net Proceeds from the offer for the following objects:
- to carry out the disinvestment of 87,153,369 Equity Shares by the Selling Shareholder constituting [●]% of our Company’s paid up Equity Share capital our Company.
- to achieve the benefits of listing the Equity Shares on the Stock Exchanges.
- Our Company will not receive any proceeds from the Offer and all proceeds shall go to the Selling Shareholder.
What RailTel Limited as a company does?: (Source – RHP)
We are an information and communications technology (“ICT”) infrastructure provider and are one of the largest neutral telecom infrastructure providers in India (Source: CRISIL Report). We are a Mini Ratna (Category-I) Central Public Sector Enterprise, wholly-owned by the Government of India and under the administrative control of the Ministry of Railways.
We were incorporated on September 26, 2000 with the aim of modernizing the existing telecom system for train control, operation and safety and to generate additional revenues by creating nationwide broadband and multimedia network by laying optical fiber cable by using the right of way along railway tracks.
Nureca Limited IPO details
Listing date and Listing Price of Nureca Limited IPO :
- Nureca Limited IPO listed on BSE and NSE exchanges on – 25.02.2021
- Listing Price of Nureca Limited IPO on NSE – 615, premium of 53.75 %
- Listing Price of Nureca Limited IPO on BSE – 634.95, premium of 58.74 %
Grey Market premium (GMP) price of Nureca Limited IPO :
Grey Market premium (GMP) price of Nureca Limited IPO is Rs. 33 from some sources on twitter. Grey Market premium (GMP) of Nureca Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
Nureca Limited IPO Allotment link status on Linktime:
- Check the allotment status of Nureca Limited IPO on the below link given by Linktime.
- Nureca Limited IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
- Nureca Limited IPO Allotment link status on Linktime can be checked by Application No or DP Client ID or PAN.
Nureca Limited IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NII (Non-institutional Investor) | RII (Retail Individual Investor) | Employees | Total No. of times applied | |
| No. of shares offered | 3,75,000 | 3,75,000 | 2,50,000 | 26,595 | 14,01,595 |
| Day 2 | 0 | 1.48 x | 80.32 x | 2.49 x | 14.77 x |
| Day 3 | 3.10 x | 31.59 x | 166.65 x | 4.82 x | 39.93 x |
Nureca Limited IPO highlights:
| Nureca Limited IPO bid Opens on | 15th Feb 2021, Monday |
| Nureca Limited IPO bid Closes on | 17th Feb 2021, Wednessday |
| Post issue Modification Period | 18-Feb-2021 (10.00 A.M. to 11.00 A.M.) |
| Cut-off time for UPI Mandate Confirmation | 18-Feb-2021 (upto 12:00 PM) |
| Issue type | 100% Book Building |
| Nureca Limited IPO size | ₹ 100 Cr (1000million) |
| Face value of each equity share | Rs. 10 |
| Nureca Limited IPO Price band | Rs.396 to Rs. 400 per share |
| Nureca Limited IPO market lot | 35 equity shares and multiples of 35 |
| Nureca Limited IPO minimum order quantity | 35 equity shares |
| Pre IPO equity share of promoters of Nureca Limited | 99.21% |
| Post IPO paid-up equity share of promoters of Nureca Limited | 74.21% |
| Retail portion reservation in Nureca Limited IPO | 10% |
| Retail individual bidder can apply in Nureca Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Nureca Limited IPO | Not applicable |
| Employees can apply in Nureca Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Reservation for employees in Nureca Limited IPO | 5% |
| Discount for employees in Nureca Limited IPO | 20% |
| Listing of Nureca Limited at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Nureca Limited | |
| Promoters of Nureca Limited | SAURABH GOYAL |
| Nureca Limited IPO lead managers | ITI Capital Limited |
| Sponsor Bank | ICICI Bank Limited |
| Registrar of Nureca Limited IPO issue | Link Intime India Private Ltd |
Nureca Limited IPO important dates regarding bidding, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Nureca Limited IPO are mentioned below.
| Nureca Limited IPO opens on | 15.02.2021 |
| Nureca Limited IPO Closes on | 17.02.2021 |
| Allotment basis date of Nureca Limited IPO | 23.02.2021 |
| Money refund date of Nureca Limited IPO | 24.02.2021 |
| Shares of Nureca Limited in Demat Account | 25.02.2021 |
| Nureca Limited IPO listing date on NSE, BSE | 25.02.2021 |
How much shares of Nureca Limited IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Fresh Issue size | [●] | ₹ 100Cr (1000million) |
Nureca Limited financial statements details:
| Half-year Sep 30, 2020 | Fiscal 2020 | Fiscal 2019 | Fiscal 2018 | |
| (₹ million) | (₹ million) | (₹ million) | (₹ million) | |
| Total Assets | 1,024.88 | 338.83 | 235.18 | 70.19 |
| Total Liabilities | 508.43 | 189.49 | 155.73 | 52.99 |
| Total income | 1,229.73 | 994.87 | 619.83 | 200.69 |
| Net Profit or Loss | 361.80 | 63.95 | 62.26 | 31.12 |
IPO Red Herring Prospectus (RHP) of Nureca Limited:
Click here for IPO RHP of Nureca Limited on NSE website.
Nureca Limited IPO details about bid opening, closing, allottment, how to apply etc:
What is the Nureca Limited IPO bid / issue / subscription opening date and closing date –
Nureca Limited IPO will open for subscription from 15th Feb 2021, Monday to 17th Feb 2021, Wednesday.
Who are the lead managers of Nureca Limited IPO :
The lead managers for Nureca Limited IPO are ITI Capital Limited
Who is the Registrar of Nureca Limited IPO issue :
- Registrar of Nureca Limited IPO issue is Link Intime India Private Limited.
- Address of Registrar of Nureca Limited IPO issue – C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India
- Telephone: +91 22 4918 6200
- Email: nureca.ipo@linkintime.co.in
- Website: www.linkintime.co.in
Investor grievance email of Registrar of Nureca Limited IPO issue:
- Nureca.ipo@linkintime.co.in
- Contact Person: Shanti Gopalkrishnan
- SEBI Registration No: INR000004058
In Nureca Limited IPO, how much is reserved for QIB (Qualified Institl. Bidders) portion ?
In Nureca Limited IPO, not more than 75 % of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”). Up to 60% of the QIB Portion to Anchor Investors can be allocated. Up to one-third of QIB Portion to Anchor Investors shall be reserved for domestic Mutual Funds.
In Nureca Limited IPO, how much is reserved for NII (Non-institutional Investor) portion ?
In Nureca Limited IPO, NII (Non-institutional Investor) portion is reserved at not less than 15% of the Net issue of equity shares.
In Nureca Limited IPO, how much is reserved for RII (Retail Individual Investor) portion ?
In Nureca Limited IPO, RII (Retail Individual Investor) portion is reserved at not less than 10 % of the Net issue of equity shares.
In Nureca Limited IPO, how much Retail individual bidder can apply?
In Nureca Limited IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs).
In Nureca Limited IPO, how much discount is available for Retail individual bidder ?
In Nureca Limited IPO, there is no retail bidding discount is available.
In Nureca Limited IPO, is there any Employees reservation?
Nureca Limited IPO will have 5% reservation.
In Nureca Limited IPO, how much bid Employees can apply?
In Nureca Limited IPO, Employees bidder can apply up to 2 lakh (200,000).
In Nureca Limited IPO, how much discount is available for Employees bidder ?
In Nureca Limited IPO, there is 20% discount for eligible employees.
What will be pre issue and post issue paid-up equity share of Nureca Limited promoters?
- The Pre issue equity share of Nureca Limited was 99.21%.
- The post issue equity share of Nureca Limited will be 74.21%.
What is the Nureca Limited IPO Price band?
Price band of Nureca Limited IPO will be Rs. 396 to Rs 400 per share.
Via IPO of Nureca Limited, how much Fund will be raised?
Nureca Limited will raise up to Rs 100 crore via IPO.
How much money were already raised through Nureca Limited pre-IPO Anchor Investors ?
Anchor Investors (A Qualified Institutional Buyer, who has Bid for an amount of at least ₹100 million) will participate in pre-IPO investment of Nureca Limited, on 12th Feb 2021, one working day before the IPO bid opening date.
Who were the Anchor Investors in Nureca Limited pre-IPO?
How to apply or bid in Nureca Limited IPO?
All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatorily through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.
Nureca Limited IPO Grading by Rating agencies like Crisil, ICRA, Care etc.:
Not Applicable.
Objectives of the Nureca Limited IPO Issue:
Objects of the Fresh Issue :
Our Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding incremental working capital requirements of our Company; and
- General corporate purposes.
Nureca Limited as a company: (Source – RHP)
We are a B2C company engaged in the business of home healthcare and wellness products, which offers quality, durability, functionality, usability and innovative designs. We enable our customers with tools to help them monitor chronic ailments and other diseases, to improve their lifestyle. We believe in innovation and catering new products to the ever-growing needs of the home health care sector. We are a digital first company wherein we sell our products through online channel partners such as e-commerce players, distributors and retailer. Further, we also sell our products through our own website drtrust.in.
We have most of the product lines supporting home health market in India, making it a one-stop solution provider. Dr Trust is a known for its innovative products in the market, and, with the segment showing significant potential for growth, our Company is positioned to show significant growth. (Source: Frost & Sullivan Report).
We have a diversified product portfolio, which primarily caters to home healthcare sector. We provide an improved product mix to our customers and their preferences thereby targeting a wider customer base. Our growth is further driven by our ability to make available an assortment of quality products under trusted brands built by our Company.
Stove Kraft Limited IPO details
Listing date and Listing Price of Stove Kraft Limited IPO :
- Stove Kraft Limited IPO listed on BSE and NSE exchanges on – 05.02.2021
- Listing Price of Stove Kraft Limited IPO on NSE – 498
- Listing Price of Stove Kraft Limited IPO on BSE – 467
Grey Market premium (GMP) price of Stove Kraft Limited IPO :
Grey Market premium (GMP) price of Stove Kraft Limited IPO is Rs. 80 to Rs. 90, on 26.01.2021. Grey Market premium (GMP) of Stove Kraft Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
Stove Kraft Limited IPO Allotment link status on Kfintech:
Check the allotment status of Stove Kraft Limited IPO on these three links given by Kfintech.
- Stove Kraft Limited IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- Stove Kraft Limited IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- Stove Kraft Limited IPO Allotment Link 3 –https://evault.kfintech.com/ipostatus/
Stove Kraft Limited IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.
Stove Kraft Limited IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select Stove Kraft Limited IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- The allotment status of Stove Kraft Limited IPO, with no. of shares allotted will come.
Stove Kraft Limited IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NII (Non-institutional Investor) | RII (Retail Individual Investor) | Total No. of times applied | |
| No. of shares offered | 3,215,260 | 1,607,629 | 1,071,753 | 5,894,642 |
| Day 3 | 8.02 x | 32.72 x | 26.04 x | 18.03 x |
Stove Kraft Limited IPO highlights:
| Stove Kraft Limited IPO bid Opens on | 25th Jan 2021, Monday |
| Stove Kraft Limited IPO bid Closes on | 28th Jan 2021, Thursday |
| Post issue Modification Period | 29-Jan-2021 (10.00 A.M. to 11.00 A.M.) |
| Cut-off time for UPI Mandate Confirmation | 29-Jan-2021 (upto 12:00 PM) |
| Issue type | 100% Book Building |
| Stove Kraft Limited IPO size | ₹ 412 Cr (4120 million) |
| Face value of each equity share | Rs. 10 |
| Stove Kraft Limited IPO Price band | Rs.384 to Rs. 385 per share |
| Stove Kraft Limited IPO market lot | 38 equity shares and multiples of 38 |
| Stove Kraft Limited IPO minimum order quantity | 38 equity shares |
| Pre IPO equity share of promoters of Stove Kraft Limited | 61.31 % |
| Post IPO paid-up equity share of promoters of Stove Kraft Limited | |
| Retail portion reservation in Stove Kraft Limited IPO | 10 % |
| Retail individual bidder can apply in Stove Kraft Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Stove Kraft Limited IPO | Not applicable |
| Employees can apply in Stove Kraft Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Reservation for employees in Stove Kraft Limited IPO | NA |
| Discount for employees in Stove Kraft Limited IPO | NA |
| Listing of Stove Kraft Limited at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Stove Kraft Limited | Rs. 185.68 cr (1856.8 million) at Rs. 385 per equity share held on 22.01.2021 |
| Promoters of Stove Kraft Limited | RAJENDRA GANDHI AND SUNITA RAJENDRA GANDHI |
| Stove Kraft Limited IPO lead managers | Edelweiss Financial Services Limited, JM Financial Limited |
| Sponsor Bank | ICICI Bank Limited |
| Registrar of Stove Kraft Limited IPO issue | KFin Technologies Private Limited |
Stove Kraft Limited IPO important dates regarding bidding, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Stove Kraft Limited IPO are mentioned below.
| Stove Kraft Limited IPO opens on | 25.01.2021 |
| Stove Kraft Limited IPO Closes on | 28.01.2021 |
| Allotment basis date of Stove Kraft Limited IPO | 02.02.2021 |
| Money refund date of Stove Kraft Limited IPO | 03.02.2021 |
| Shares of Stove Kraft Limited in Demat Account | 04.02.2021 |
| Stove Kraft Limited IPO listing date on NSE, BSE | 05.02.2021 |
How much shares of Stove Kraft Limited IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | [●] | ₹ 412 Cr (4120 million) |
| Fresh Issue size | [●] | ₹95 Cr (950 million) |
| Offer for Sale (OFS) | 8,250,000 |
Stove Kraft Limited financial statements details:
| Half-year Sep 30, 2020 | Half-year Sep 30, 2019 | Fiscal 2020 | Fiscal 2019 | Fiscal 2018 | |
| (₹ million) | (₹ million) | (₹ million) | (₹ million) | (₹ million) | |
| Total Assets | 4,984.99 | 4,934.77 | 4 ,712.91 | 4,257.26 | 3,936.42 |
| Total Liabilities | 5,284.42 | 5,522.82 | 5 ,312.45 | 4,894.55 | 5,735.30 |
| Total income | 3,295.09 | 3,174.33 | 6,729.14 | 6,425.98 | 5,345.85 |
| Net Profit or Loss | 287.76 | 43.89 | 31.70 | 7.36 | (120.18) |
IPO Red Herring Prospectus (RHP) of Stove Kraft Limited:
Click here for IPO RHP of Stove Kraft Limited on NSE website.
Stove Kraft Limited IPO details about bid opening, closing, allottment, how to apply etc:
What is the Stove Kraft Limited IPO bid / issue / subscription opening date and closing date –
Stove Kraft Limited IPO will open for subscription from 25th Jan 2021, Monday to 28th Jan 2021, Wednesday.
Who are the lead managers of Stove Kraft Limited IPO :
The lead managers for Stove Kraft Limited IPO are Edelweiss Financial Services Limited,JM Financial Limited.
Who is the Registrar of Stove Kraft Limited IPO issue :
- Registrar of Stove Kraft Limited IPO issue is KFin Technologies Private Limited
- Address of Registrar of Stove Kraft Limited IPO issue – KFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited), Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad 500 032, Telangana, India
- Tel: +91 40 6716 2222
- Fax: +91 40 2343 1551
- E-mail: stovekraft.ipo@kfintech.com
Investor grievance email of Registrar of Stove Kraft Limited IPO issue:
- E-mail: einward.ris.ipo@kfintech.com
- Website: http://www.kfintech.com
- Contact Person: M Murali Krishna
- SEBI Registration No.: INR000000221
In Stove Kraft Limited IPO, how much is reserved for QIB (Qualified Institl. Bidders) portion ?
In Stove Kraft Limited IPO, not more than 75 % of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”). Up to 60% of the QIB Portion to Anchor Investors can be allocated. Up to one-third of QIB Portion to Anchor Investors shall be reserved for domestic Mutual Funds.
In Stove Kraft Limited IPO, how much is reserved for NII (Non-institutional Investor) portion ?
In Stove Kraft Limited IPO, NII (Non-institutional Investor) portion is reserved at not less than 15% of the Net issue of equity shares.
In Stove Kraft Limited IPO, how much is reserved for RII (Retail Individual Investor) portion ?
In Stove Kraft Limited IPO, RII (Retail Individual Investor) portion is reserved at not less than 10 % of the Net issue of equity shares.
In Stove Kraft Limited IPO, how much Retail individual bidder can apply?
In Stove Kraft Limited IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs).
In Stove Kraft Limited IPO, how much discount is available for Retail individual bidder ?
In Stove Kraft Limited IPO, there is no retail bidding discount is available.
In Stove Kraft Limited IPO, is there any Employees reservation?
Stove Kraft Limited IPO will have no reservation.
In Stove Kraft Limited IPO, how much bid Employees can apply?
In Stove Kraft Limited IPO, Employees bidder can apply up to 2 lakh (200,000).
In Stove Kraft Limited IPO, how much discount is available for Employees bidder ?
In Stove Kraft Limited IPO, there is no discount for eligible employees.
What will be pre issue and post issue paid-up equity share of Stove Kraft Limited promoters?
- The Pre issue equity share of Stove Kraft Limited was 61.31 %.
- The post issue equity share of Stove Kraft Limited will be %.
What is the Stove Kraft Limited IPO Price band?
Price band of Stove Kraft Limited IPO will be Rs. 384 to Rs 385 per share.
Via IPO of Stove Kraft Limited, how much Fund will be raised?
Stove Kraft Limited will raise up to Rs 412 crore via IPO.
How much money were already raised through Stove Kraft Limited pre-IPO Anchor Investors ?
Anchor Investors (A Qualified Institutional Buyer, who has Bid for an amount of at least ₹100 million) have participated in pre-IPO investment of Stove Kraft Limited, on 22th Jan 2021, one working day before the IPO bid opening date. Rs. 185.68 crore (1856.8 million) were raised from Anchor Investors at Rs. 385.
Who were the Anchor Investors in Stove Kraft Limited pre-IPO?
Sundaram Group, Bajaj Allainz, Nippon Life and others. The official document of Anchor Investors in Stove Kraft Limited is attached here. (Source:NSE)
How to apply or bid in Stove Kraft Limited IPO?
All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatorily through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.
Stove Kraft Limited IPO Grading by Rating agencies like Crisil, ICRA, Care etc.:
Not Applicable.
Objectives of the Stove Kraft Limited IPO Issue:
The Offer comprises of the Fresh Issue and the Offer for Sale.
Offer for Sale :
Each of the Selling Shareholders will be entitled to their respective portion of the proceeds from the Offer for Sale. Our Company will not receive any proceeds from the Offer for Sale. All fees and expenses in relation to the Offer other than the listing fees (which shall be borne by our Company) shall be shared amongst our Company and the Selling Shareholders in proportion to the Equity Shares being offered or sold by them, respectively, pursuant to the Offer and in accordance with applicable laws. However, for ease of operations, expenses of the Selling Shareholders may, at the outset, be borne by our Company on behalf of the Selling Shareholders in relation to their respective portion of the Offer for Sale, and the Selling Shareholders agree that they will reimburse our Company for all such expenses, upon successful completion of the Offer, in accordance with applicable laws.
Objects of the Fresh Issue :
Our Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/pre-payment, in full or part, of certain borrowings availed by our Company; and
- General corporate purposes.
Stove Kraft Limited as a company: (Source – RHP)
We are a kitchen solutions and an emerging home solutions brand. Further, we are one of the leading brands for kitchen appliances in India, and are one of the dominant players for pressure cookers and amongst the market leaders in the sale of free standing hobs and cooktops (Source: F&S Report, sponsored by our Company)
We are engaged in the manufacture and retail of a wide and diverse suite of kitchen solutions under our Pigeon and Gilma brands, and propose to commence manufacturing of kitchen solutions under the BLACK + DECKER brand, covering the entire range of value, semi-premium and premium kitchen solutions, respectively.
Our kitchen solutions comprise of cookware and cooking appliances across our brands, and our home solutions comprise various household utilities, including consumer lighting, which not only enables us to be a one stop shop for kitchen and home solutions, but also offer products at different pricing points to meet diverse customer requirements and aspirations.
Home First Finance Company India Limited (HFFCL) IPO details
Listing date and Listing Price of Home First Finance Company India Limited, HFFC IPO :
- Home First Finance Company India Limited, HFFC IPO listed on BSE and NSE exchanges on – 03.02.2021
- Listing Price of Home First Finance Company India Limited, HFFC IPO on NSE – 619.80
- Listing Price of Home First Finance Company India Limited, HFFC IPO on BSE – 612.15
Grey Market premium (GMP) price of Home First Finance Company India Limited, HFFC IPO :
Grey Market premium (GMP) price of Home First Finance Company India Limited, HFFC IPO is Rs. 135 to Rs. 140, on 26.01.2021.Grey Market premium (GMP) of Home First Finance Company India Limited, HFFC IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
Home First Finance Company India Limited, HFFC IPO Allotment link status on Kfintech:
Check the allotment status on these three links given by Kfintech.
- HFFC IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- HFFC IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- HFFC IPO Allotment Link 3 –https://evault.kfintech.com/ipostatus/
Home First Finance Company India Limited, HFFC IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.
Home First Finance Company India Limited, HFFC IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select Home First Finance Company India Limited, HFFC IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- The allotment status of Home First Finance Company India Limited, HFFC IPO, with no. of shares allotted will come.
Home First Finance Company India Limited, HFFC IPO subscription status details:
(Updated as on 25-Jan-2021 at 1700 hrs)
| QIB (Qualified Institl. Bidders) | NII (Non-institutional Investor) | RII (Retail Individual Investor) | Total No. of times applied | |
| No. of shares offered | 4,463,127 | 3,347,346 | 7,810,475 | 15,620,948 |
| Day 1 | 1.28 x | 0.13 x | 1.29 x | 1.04 x |
| Day 2 | 1.36 x | 0.61 x | 3.40 x | 2.22 x |
| Day 3 | 52.53 x | 39 x | 6.59 x | 26.66 x |
Home First Finance Company India Limited IPO highlights:
| Home First Finance Company India Limited IPO bid Opens on | 21st Jan 2021, Thursday |
| Home First Finance Company India Limited IPO bid Closes on | 25th Jan 2021, Monday |
| Post issue Modification Period | 27-Jan-2021 (10.00 A.M. to 11.00 A.M.) |
| Cut-off time for UPI Mandate Confirmation | 27-Jan-2021 (up to 12:00 PM) |
| Issue type | Book Built Issue |
| Home First Finance Company India Limited IPO size | ₹1,153.72 Cr (11,537.19 million) |
| Face value of each equity share | Rs. 2 |
| Home First Finance Company India Limited IPO Price band | Rs. 517-518 per share |
| Home First Finance Company India Limited IPO market lot | 28 equity shares and multiples of 28 |
| Home First Finance Company India Limited IPO minimum order quantity | 28 equity shares |
| Pre IPO equity share of promoters of Home First Finance Company India Limited | 52.85 % |
| Post IPO paid-up equity share of promoters of Home First Finance Company India Limited | 33.70 % |
| Retail individual bidder can apply in Home First Finance Company India Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Home First Finance Company India Limited IPO | Not applicable |
| Employees can apply in Home First Finance Company India Limited IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Reservation for employees in Home First Finance Company India Limited IPO | NA |
| Discount for employees in Home First Finance Company India Limited IPO | NA |
| Retail portion reservation in Home First Finance Company India Limited IPO | 35 % |
| Listing of Home First Finance Company India Limited at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Home First Finance Company India Limited | 346.11 crore (3461.15 million) on 20.01.2021 |
| Promoters of Home First Finance Company India Limited | TRUE NORTH FUND V LLP AND AETHER (MAURITIUS) LIMITED |
| Home First Finance Company India Limited IPO lead managers | Axis Capital Limited, Credit Suisse Securities (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited |
| Registrar of Home First Finance Company India Limited IPO issue | KFin Technologies Private Limited |
Home First Finance Company India Limited IPO important dates regarding bidding, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Home First Finance Company India Limited IPO are mentioned below.
| Home First Finance Company India Limited IPO opens on | 21.01.2021 |
| Home First Finance Company India Limited IPO Closes on | 25.01.2021 |
| Allotment basis date of Home First Finance Company India Limited IPO | 29.01.2021 |
| Money refund date of Home First Finance Company India Limited IPO | 01.02.2021 |
| Shares of Home First Finance Company India Limited in Demat Account | 02.02.2021 |
| Home First Finance Company India Limited IPO listing date on NSE, BSE | 03.02.2021 |
How much shares of Home First Finance Company India Limited IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | [●] | ₹1,153.72 Cr (11,537.19 million) |
| Fresh Issue size | [●] | ₹ 265 crore (2,650 million) |
| Offer for Sale (OFS) | [●] | ₹888.72 Cr (8,887.19 million) |
| Employee Reservation | NA |
Home First Finance Company India Limited financial statements details:
| Fiscal 2020 | Fiscal 2019 | Fiscal 2018 | |
| (₹ million) | (₹ million) | (₹ million) | |
| Total Assets | 34,796.11 | 24,820.05 | 13,649.42 |
| Total Liabilities | 25,459.75 | 19,588.65 | 10,397.27 |
| Total income | 4,196.57 | 2,709.21 | 1,342.37 |
| Net Profit or Loss | 792.49 | 452.04 | 159.96 |
IPO Red Herring Prospectus (RHP) of Home First Finance Company India Limited:
Click here for IPO RHP of Home First Finance Company India Limited on NSE website.
Home First Finance Company India Limited IPO details about bid opening, closing, allottment, how to apply etc:
What is the Home First Finance Company India Limited IPO bid / issue / subscription opening date and closing date –
Home First Finance Company India Limited IPO will open for subscription from 21stJan 2021, Thursday to 25th Jan 2021, Monday.
Who are the lead managers of Home First Finance Company India Limited IPO :
The lead managers for Home First Finance Company India Limited IPO are Axis Capital Limited, Credit Suisse Securities (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited
Who is the Registrar of Home First Finance Company India Limited IPO issue :
- Registrar of Home First Finance Company India Limited IPO issue is KFin Technologies Private Limited
- Address of Registrar of Home First Finance Company India Limited IPO issue – KFin Technologies Private Limited (formerly known as Karvy Fintech Private Limited), Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad 500 032, Telangana, India
- Tel: +91 40 6716 2222
- E-mail: hffcl.ipo@kfintech.com
Investor grievance email of Registrar of Home First Finance Company India Limited IPO issue:
- E-mail: einward.ris@kfintech.com
- Website: http://www.kfintech.com
- Contact Person: M Murali Krishna
- SEBI Registration No.: INR000000221
In Home First Finance Company India Limited IPO, how much is reserved for QIB (Qualified Institl. Bidders) portion ?
In Home First Finance Company India Limited IPO, not more than 50 % of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”). Up to 60% of the QIB Portion to Anchor Investors can be allocated. Up to one-third of QIB Portion to Anchor Investors shall be reserved for domestic Mutual Funds.
In Home First Finance Company India Limited IPO, how much is reserved for NII (Non-institutional Investor) portion ?
In Home First Finance Company India Limited IPO, NII (Non-institutional Investor) portion is reserved at not less than 15% of the Net issue of equity shares.
In Home First Finance Company India Limited IPO, how much is reserved for RII (Retail Individual Investor) portion ?
In Home First Finance Company India Limited IPO, RII (Retail Individual Investor) portion is reserved at not less than 35% of the Net issue of equity shares.
In Home First Finance Company India Limited IPO, how much Retail individual bidder can apply?
In Home First Finance Company India Limited IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs).
In Home First Finance Company India Limited IPO, how much discount is available for Retail individual bidder ?
In Home First Finance Company India Limited IPO, there is no retail bidding discount is available.
In Home First Finance Company India Limited IPO, is there any Employees reservation?
Home First Finance Company India Limited IPO will have no reservation.
In Home First Finance Company India Limited IPO, how much bid Employees can apply?
In Home First Finance Company India Limited IPO, Employees bidder can apply up to 2 lakh (200,000).
In Home First Finance Company India Limited IPO, how much discount is available for Employees bidder ?
In Home First Finance Company India Limited IPO, there is no discount for eligible employees.
What will be pre issue and post issue paid-up equity share of Home First Finance Company India Limited promoters?
- The Pre issue equity share of Home First Finance Company India Limited was 52.85 %.
- The post issue equity share of Home First Finance Company India Limited will be 33.7 %.
What is the Home First Finance Company India Limited IPO Price band?
Price band of Home First Finance Company India Limited IPO will be Rs. 517 to Rs 518 (Rs. 517-518) per share.
Via IPO of Home First Finance Company India Limited, how much Fund will be raised?
Home First Finance Company India Limited will raise up to Rs 1,153.72 crore via IPO.
How much money were already raised through Home First Finance Company India Limited pre-IPO Anchor Investors ?
Anchor Investors (A Qualified Institutional Buyer, who has Bid for an amount of at least ₹100 million) have participated in pre-IPO investment on 20th Jan 2021, one working day before the IPO bid opening date. Rs. 346.11 crore (3461.15 million) were raised from Anchor Investors at Rs. 518 held on 20.01.2021.
Who were the Anchor Investors in Home First Finance Company Limited pre-IPO?
Sundaram Group, Goldman Sachs, Tata AIA, Aditya Birla and others. The official document of Anchor Investors in Home First Finance Company Limited is attached here. (Source:NSE)
How to apply or bid in Home First Finance Company India Limited IPO?
All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatorily through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.
Home First Finance Company India Limited IPO Grading by Rating agencies like Crisil, ICRA, Care etc.:
| Rating Agency | Instrument | Credit Ratings |
| CARE Ratings | ₹ 2.83 billion Term Loans | A+ (stable) |
| ICRA Limited | ₹ 35 billion Term Loans | A+ (stable) |
| ICRA Limited | ₹ 4 billion Non-Convertible Debenture Programme | A+ (stable) |
| ICRA Limited | ₹ 1 billion Commercial Paper Programme | A1+ |
| India Ratings & Research | ₹ 1 billion Commercial Paper Programme | A1+ |
Objectives of the Home First Finance Company India Limited IPO Issue:
Home First Finance Company India Limited company proposes to utilise the Net Proceeds from IPO towards funding the following objects:
The Offer comprises the Fresh Issue by our Company and an Offer for Sale by the Selling Shareholders.
The Offer for Sale
Each of the Selling Shareholders will be entitled to the proceeds of the Offer for Sale, net of their proportion of Offer-related expenses and the relevant taxes thereon. Our Company shall not receive any proceeds from the Offer for Sale. Except for listing fees which shall be solely borne by our Company, all Offer related expenses will be shared, as mutually agreed in the Offer Agreement, the Syndicate Agreement and in accordance with applicable law.
The Fresh Issue
Our Company proposes to utilise the Net Proceeds (as set out below) towards augmenting its capital base to meet our future capital requirements, arising out of the growth of our business and assets.
In addition, our Company expects to receive the benefits of listing of the Equity Shares on the Stock Exchanges, including enhancement of our Company’s brand name and creation of a public market for our Equity Shares in India.
The objects clause of our Memorandum of Association enables us to undertake the activities for which the funds are being raised by us in the Fresh Issue.
Home First Finance Company India Limited as a company: (Source – RHP)
As of September 30, 2020, we had a network of 70 branches covering over 60 districts in 11 states and a union territory in India, with a significant presence in urbanized regions in the states of Gujarat, Maharashtra, Karnataka and Tamil Nadu. We have increased the scale of our operations and grown our branches by adopting a strategy of contiguous expansion across regions and have strategically expanded to geographies where there is substantial demand for housing finance. According to the CRISIL Report, the 11 states and union territory in which we are present accounted for approximately 79% of the affordable housing finance market in India during the financial year 2019. We utilize a diverse range of lead sourcing channels such as connectors, architects, contractors, affordable housing developers, in addition to conducting loan camps and micro marketing activities, and utilizing employee and customer referrals and branch walk-in customers.
Registered and Corporate Office: 511, Acme Plaza, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra 400 059, India; Telephone: +91 22 6694 0386
Contact Person: Shreyans Bachhawat, Company Secretary and Compliance Officer
E-mail: corporate@homefirstindia.com; Website: http://www.homefirstindia.com
Corporate Identity Number: U65990MH2010PLC240703
Indigo Paints Limited IPO
Listing date and Listing Price of Indigo Paints Limited IPO :
- Indigo Paints Limited IPO listed on BSE and NSE exchanges on – 02.02.2021
- Listing Price of Indigo Paints Limited IPO on NSE – 2607
- Listing Price of Indigo Paints Limited IPO on BSE – 2607
Grey Market premium (GMP) price of Indigo Paints Limited IPO :
Grey Market premium (GMP) price of Indigo Paints Limited IPO is Rs. 750 to Rs. 800, on 26.01.2021. Grey Market premium (GMP) of Indigo Paints Limited IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
Indigo Paints Limited IPO Allotment link status on Linktime:
- Check the allotment status of Indigo Paints Limited IPO on the below link given by Linktime.
- Indigo Paints Limited IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
- Indigo Paints Limited IPO Allotment link status on Linktime can be checked by Application No or DP Client ID or PAN.
Indigo Paints Limited IPO subscription status details:
(Updated as on 22-Jan-2021 at 1700 hrs)
| QIB (Qualified Institl. Bidders) | NII (Non-institutional Investor) | RII (Retail Individual Investor) | Employees | Total No. of times applied | |
| No. of shares offered | 1,556,690 | 1,167,514 | 2,724,198 | 70,000 | 5,518,402 |
| Day 1 | 0.10 x | 1.10 x | 3.29 x | 0.73 x | 1.90 x |
| Day 2 | 3.86 x | 5.38 x | 9.70 x | 1.81 x | 7.04 x |
| Day 3 | 189.57 x | 263.05 x | 15.93 x | 2.50 x | 117.02 x |
Broking House recommendations on Indigo Paints Limited IPO bidding:
| IIFL Securities | Subscribe |
| Angel Broking | Positive |
Indigo Paints Limited IPO highlights:
| Indigo Paints Limited IPO bid Opens on | 20th Jan 2021, Wednesday |
| Indigo Paints Limited IPO bid Closes on | 22th Jan 2021, Friday |
| Issue type | Book Built Issue |
| Indigo Paints Limited IPO size | Rs 1,168.99 crore – Rs 1,170.16 crore Crore |
| Face value of each equity share | Rs. 10 |
| Indigo Paints Limited IPO Price band | Rs. 1,488-1,490 per share |
| Indigo Paints Limited IPO bid lot | 10 equity shares and multiples of 10 |
| Indigo Paints Limited IPO minimum order quantity | 10 equity shares |
| Pre IPO equity share of promoters of Indigo Paints Limited | 60.05 % |
| Post IPO paid-up equity share of promoters of Indigo Paints Limited | 54 % |
| Retail individual bidder can apply | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount | Not applicable |
| Employees can apply | up to 2 lakh (200,000) – Maximum 13 Lot and up to 5 lakh (500,000), if under subscribed |
| Reservation for employees in Indigo Paints Limited IPO | 70,000 equity shares |
| Discount for employees in Indigo Paints Limited IPO | Rs. 148 per share |
| Retail portion reservation in Indigo Paints Limited IPO | 35 % |
| QIB reservation in Indigo Paints Limited IPO | 50 % |
| NII reservation in Indigo Paints Limited IPO | 15 % |
| Listing of Indigo Paints Limited at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors | Rs. 348 crore (3,480 million) from 25 Anchor Investors at Rs. 1490 held on 19.01.2021 |
| credit ratings for an Indian issuer both for domestic and international borrowings. | NA |
| Indigo Paints Limited IPO lead managers | Kotak Mahindra Capital Company Limited, Edelweiss Financial Services Limited, ICICI Securities Limited |
| Registrar of Indigo Paints Limited IPO issue | Link Intime India Private Limited, www.linkintime.co.in |
Indigo Paints Limited IPO important dates regarding bidding, listing, refund etc.
The probable dates regarding bidding, allotment, listing, refund of Indigo Paints Limited IPO are mentioned below.
| Indigo Paints Limited IPO opens on | 20.01.2021 |
| Indigo Paints Limited IPO Closes on | 22.01.2021 |
| Allotment basis date of Indigo Paints Limited IPO | 28.01.2021 |
| Money refund date of Indigo Paints Limited IPO | 29.01.2021 |
| Shares of Indigo Paints Limited in Demat Account | 01.02.2021 |
| Indigo Paints Limited IPO listing date on NSE, BSE | 02.02.2021 |
Indigo Paints Limited financial statements details:
| Fiscal 2020 | Fiscal 2019 | Fiscal 2018 | |
| (₹ million) | (₹ million) | (₹ million) | |
| Total Assets | 4,219.59 | 3,731.83 | 2,973.94 |
| Total Liabilities | 2,249.06 | 2,257.20 | 1,699.33 |
| Total income | 6,264.36 | 5,372.62 | 4,031.05 |
| Net Profit or Loss | 477.13 | 268.70 | 128.62 |
IPO Red Herring Prospectus (RHP) of Indigo Paints Limited:
Click here for IPO RHP of Indigo Paints Limited on NSE website.
Indigo Paints Limited IPO details about bid opening, closing, allottment, how to apply etc:
What is the Indigo Paints Limited IPO bid / issue / subscription opening date and closing date –
Indigo Paints Limited IPO will open for subscription from 20th Jan 2021, Monday to 22nd Jan 2021, Wednesday.
Who are the lead managers of Indigo Paints Limited IPO :
The lead managers for Indigo Paints Limited IPO are Kotak Mahindra Capital Company Limited, Edelweiss Financial Services Limited, ICICI Securities Limited.
Who is the Registrar of Indigo Paints Limited IPO issue :
- Registrar of Indigo Paints Limited IPO issue is Link Intime India Private Limited.
- Address of Registrar of Indigo Paints Limited IPO issue – C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India
- Telephone: +91 22 4918 6200
- Email: indigopaints.ipo@linkintime.co.in
- Website: www.linkintime.co.in
Investor grievance email of Registrar of Indigo Paints Limited IPO issue:
- indigopaints.ipo@linkintime.co.in
- Contact Person: Shanti Gopalkrishnan
- SEBI Registration No: INR000004058
How much shares of Indigo Paints Limited IPO are being offered?
| Fresh Issue of equity shares of Indigo Paints Limited IPO | Rs. 300 crore (3,000 million) worth equity shares |
| Offer for Sale (OFS) of equity shares of Indigo Paints Limited IPO | up to 5,840,000 equity shares |
| Employee Reservation of Equity shares of Indigo Paints Limited IPO | up to 70,000 Equity Shares |
In Indigo Paints Limited IPO, how much is reserved for QIB (Qualified Institl. Bidders) portion ?
In Indigo Paints Limited IPO, not more than 50 % of the Net Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs”, the “QIB Portion”). Up to 60% of the QIB Portion to Anchor Investors can be allocated. Up to one-third of QIB Portion to Anchor Investors shall be reserved for domestic Mutual Funds.
In Indigo Paints Limited IPO, how much is reserved for NII (Non-institutional Investor) portion ?
In Indigo Paints Limited IPO, NII (Non-institutional Investor) portion is reserved at not less than 15% of the Net issue of equity shares.
In Indigo Paints Limited IPO, how much is reserved for RII (Retail Individual Investor) portion ?
In Indigo Paints Limited IPO, RII (Retail Individual Investor) portion is reserved at not less than 35% of the Net issue of equity shares.
In Indigo Paints Limited IPO, how much Retail individual bidder can apply?
In Indigo Paints Limited IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs).
In Indigo Paints Limited IPO, how much discount is available for Retail individual bidder ?
In Indigo Paints Limited IPO, there is no retail bidding discount is available.
In Indigo Paints Limited IPO, is there any Employees reservation?
Indigo Paints Limited IPO will have the reservation of 70,000 equity shares for the eligible employees of Indigo Paints Limited.
In Indigo Paints Limited IPO, how much bid Employees can apply?
In Indigo Paints Limited IPO, Employees bidder can apply up to 2 lakh (200,000) and up to 5 lakh (500,000), if under subscribed.
In Indigo Paints Limited IPO, how much discount is available for Employees bidder ?
In Indigo Paints Limited IPO, there is a discount of Rs. 148 per share for eligible employees or up to 10 %.
What will be pre issue and post issue paid-up equity share of Indigo Paints Limited promoters?
- The Pre issue equity share of Indigo Paints Limited was 60.05 %.
- The post issue equity share of Indigo Paints Limited will be 54 %.
What is the Indigo Paints Limited IPO Price band?
Price band of Indigo Paints Limited IPO will be Rs. 1488 to Rs 1490 (Rs. 1488-1490) per share.
Via IPO of Indigo Paints Limited, how much Fund will be raised?
Indigo Paints Limited will raise Rs 1,168.99 crore – Rs 1,170.16 crore at a price band of Rs. 1488 to Rs 1490 per equity share.
How much money were already raised through Indigo Paints Limited pre-IPO Anchor Investors ?
Anchor Investors (A Qualified Institutional Buyer, who has Bid for an amount of at least ₹100 million) have participated in pre-IPO investment on 19th Jan 2021, 1 working day before the bid opening date. Rs. 348 crore (3,480 million) were raised from 25 Anchor Investors at Rs. 1490 held on 19.01.2021.
Who were the Anchor Investors in Indigo Paints Limited pre-IPO?
The Anchor Investors include names such as Goldman Sachs, SBI Mutual Fund, ICICI Mutual Fund, HDFC Mutual Fund, Government Pension Fund etc.
How to apply or bid in Indigo Paints Limited IPO?
All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatorily through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.
Indigo Paints Limited IPO Grading by Rating agencies like Crisil, ICRA etc.:
No credit rating agency registered with SEBI has been appointed for grading the Offer, as per RHP of Indigo Paints Limited.
Objectives of the Indigo Paints Limited IPO Issue:
Indigo Paints Limited company proposes to utilise the Net Proceeds from IPO towards funding the following objects:
| Objects | Amount (in ₹ million) |
| Funding capital expenditure for expansion of the existing manufacturing facility at Pudukkottai, Tamil Nadu by setting-up an additional unit adjacent to the existing facility | 1,500 |
| Purchase of tinting machines and gyroshakers | 500 |
| Repayment/prepayment of all or certain of our borrowings | 250 |
Indigo Paints Limited as a company:
We are engaged in the business of manufacturing paints and are the fastest growing amongst the top five paint companies in India. We are the fifth largest company in the Indian decorative paint industry in terms of our revenue from operations for Fiscal 2020 (Source: F&S Report).
We have achieved this position in a highly competitive Indian decorative paint industry on the back of our multi-pronged approach. This includes introducing differentiated products to create a distinct market in the paint industry, building brand equity for our primary consumer brand, creating an extensive distribution network, and installing tinting machines across our dealer network.
- Registered and Corporate Office: Indigo Tower, Street-5, Pallod Farm-2, Baner Road, Pune 411 045, Maharashtra, India; Tel: +91 20 6681 4300;
- Website: http://www.indigopaints.com;
- Contact Person: Sujoy Bose, Company Secretary and Compliance Officer;
- E-mail: secretarial@indigopaints.com;
- Corporate Identity Number: U24114PN2000PLC014669
Indian Railway Finance Corporation Limited IPO
Listing date and Listing Price of IRFC IPO :
- IRFC IPO listed on BSE and NSE exchanges on 29.01.2021.
- Listing Price of IRFC IPO on NSE – 24.9, Discount of 4.2 %
- Listing Price of IRFC IPO on BSE – 25, Discount of 3.8 %
Grey Market premium (GMP) price of IRFC IPO :
Grey Market premium (GMP) price of IRFC IPO is Rs. 0.30 to Rs. 0.50, on 26.01.2021. Grey Market premium (GMP) of IRFC IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. (Source : ipowatch.in)
IRFC IPO Allotment link status on Kfintech :
On browser, Check the allotment status of IRFC IPO on these three links given by Kfintech.
- IRFC IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
- IRFC IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
- IRFC IPO Allotment Link 3 –https://evault.kfintech.com/ipostatus/
IRFC IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.
IRFC IPO Allotment link status on Kprism app:
KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.
- Download KPRISM app by KFin Tech.
- Select IPO Status (No need to do login or register to check IPO allotment)
- Select IRFC IPO from the list.
- Enter Application Number or DPID Client ID or PAN, then Submit.
- The allotment status of IRFC IPO, with no. of shares allotted will come.
IRFC IPO subscription status details:
Updated as on 20-Jan-2021 at 2000 hrs
| QIB (Qualified Institl. Bidders) | NII (Non-institutional Investor) | RII (Retail Individual Investor) | Employees | Total No. of times applied | |
| No. of shares offered | 356,375,339 | 267,281,504 | 623,656,843 | 192,307 | |
| Day 1 | 0.00 | 0.09 x | 1.25 x | 13.53 x | 0.65 x |
| Day 2 | 0.00 | 0.24 x | 2.33 x | 27.41 x | 1.22 x |
| Day 3 | 3.78 x | 2.67 x | 3.66 x | 43.76 x | 3.49 x |
Broking House recommendations on IRFC IPO bidding:
| Choice Broking | Subscribe |
| Hem Securities | Subscribe |
| Arihant Capital | Subscribe |
| BEPL Capital | Subscribe |
Indian Railway Finance Corporation Limited IPO, IRFC IPO highlights:
| IRFC IPO bid Opens on | 18th Jan 2021, Monday |
| IRFC IPO bid Closes on | 20th Jan 2021, Wednesday |
| Issue type | Book Built Issue |
| IRFC IPO size | Rs. 4,633.38 Crore |
| Face value of each equity share | Rs. 10 |
| IRFC IPO Price band | Rs. 25 – 26 |
| IRFC IPO bid lot | 575 equity shares and multiples of 575 |
| IRFC IPO minimum order quantity | 575 equity shares |
| Retail individual bidder can apply | up to 2 lakh (200,000) – Maximum 13 Lot |
| Employees can apply | up to 2 lakh (200,000) – Maximum 13 Lot and up to 5 lakh (500,000), if under subscribed |
| Reservation for employees in IRFC IPO | worth Rs 50 lakh |
| Retail portion reservation in IRFC IPO | 35 % |
| QIB reservation in IRFC IPO | 50 % |
| NII reservation in IRFC IPO | 15 % |
| Listing at Exchanges | NSE, BSE |
| Fund raised from 31 Anchor Investors on 15.01.21 | Rs. 1,390 crore at Rs. 26 |
| Post issue paid-up equity share of IRFC | 13.64% |
| credit ratings for an Indian issuer both for domestic and international borrowings. | CRISIL AAA and CRISIL A1+, ICRA AAA and ICRA A1+, CARE AAA and CARE A1+, Baa3 (Negative) rating by Moody’s, BBB- (Stable) rating by S & P’s, BBB- (Negative) rating by Fitch and BBB+ (Stable) rating by Japanese Credit Rating Agency |
| IRFC IPO lead managers | HSBC Securities, ICICI Securities, SBI Capital, DAM Capital, |
IRFC IPO important dates regarding bidding, listing, refund etc.
| IRFC IPO opens on | 18.01.2021 |
| IRFC IPO Closes on | 21.01.2021 |
| Allotment basis date | 25.01.2021 |
| Money refund date | 27.01.2021 |
| Shares in Demat Account | 28.01.2021 |
| IPO listing date on NSE, BSE | 29.01.2021 |
IRFC financial statements details:
| Fiscal 2020 | Fiscal 2019 | Fiscal 2018 | |
| (₹ million) | (₹ million) | (₹ million) | |
| Total income | 1,34,210.90 | 1,09,873.55 | 92,078.39 |
| Total expenses | 1,02,289.94 | 82,320.12 | 66,758.96 |
| Net Profit or Loss | 31,915.44 | 21,400.99 | 20,022.63 |
IPO Red Herring Prospectus (RHP) of IRFC :
Click here for IPO RHP of IRFC on NSE website.
Indian Railway Finance Corporation Limited IPO, IRFC IPO details:
IRFC IPO bid / issue / subscription opening date and closing date –
Indian Railway Finance Corporation, IRFC IPO will open for subscription from 18th Jan 2021, Monday to 20th Jan 2021, Wednesday.
IRFC IPO lead managers :
The lead managers for IRFC IPO are HSBC Securities and Capital Markets (India), ICICI Securities, SBI Capital Markets and DAM Capital Advisors Limited (Formerly known as IDFC Securities Limited).
Registrar of IRFC IPO issue :
- Address of Registrar of IRFC IPO issue – KFin Technologies Private Limited (formerly known as “Karvy Fintech Private Limited”) Selenium Tower-B Plot 31 & 32, Gachibowli Financial District, Nanakramguda, Serilingampally Hyderabad 500 032 Telangana, India.
- Telephone: +91 40 6716 2222
- Email: einward.ris@kfintech.com
Investor grievance email of Registrar of IRFC IPO issue:
- irfc.ipo@kfintech.com
- Contact Person: M. Murali Krishna
- Website: http://www.kfintech.com
- SEBI Registration No: INR000000221
How much IRFC IPO shares are being offered?
IRFC will launch initial public offering of up to 1,782,069,000 equity shares. IRFC IPO will include fresh issue of 1,188,046,000 equity shares and an offer for sale (OFS) of 594,023,000 equity shares by the Government of India.
In IRFC IPO, how much is reserved for Retail portion ?
In IRFC IPO, Retail portion is reserved at not less than 35% of the Net issue of equity shares.
In IRFC IPO, how much Retail individual bidder can apply?
In IRFC IPO, Retail individual bidder can apply up to 2 lakh (200,000) per application or per PAN (including HUFs applying through their Karta and Eligible NRIs)
In IRFC IPO, how much Employees bidder can apply?
In IRFC IPO, Employees bidder can apply up to 2 lakh (200,000) and up to 5 lakh (500,000) in case of under subscription.
In IRFC IPO, is there any employees reservation?
IRFC IPO will have the reservation of equity shares worth Rs 50 lakh for the eligible employees of IRFC. Eligible employees meaning –
- Permanent employees, working in India or outside India (excluding such employees who are not eligible to invest in the Issue under applicable laws), of the Company, as on the date of the filing of the RHP with the RoC and who continues to be a permanent employee of our Company, until the submission of the Bid cum Application Form.
- Directors, Key Managerial Personnel and other employees of our Company involved in the Issue Price fixation process cannot participate in the Issue (as per Model Conduct, Discipline and Appeal Rules of CPSEs and Office memorandum of DPE dated June 16, 2009 and July 28, 2009) and will not constitute eligible employees for the purposes of this Issue.
- An employee of our Company who is recruited against a regular vacancy but is on probation as on the date of submission of the ASBA Form will also be deemed a “permanent employee” of our Company
What will be post issue paid-up equity share of IRFC?
The post issue paid-up equity share capital of the company will be 13.64 %.
What is the IRFC IPO Price band?
Price band of IRFC IPO will be Rs. 25 to Rs 26 (Rs. 25-26) per share.
In IRFC IPO, how much Fund will be raised?
IRFC will raise Rs 4,455.17 crore to Rs 4633.38 crore at a price band of Rs 25- Rs 26 per equity share.
How much money raised through IRFC pre-IPO Anchor Investors ?
Anchor Investors (A Qualified Institutional Buyer, who has Bid for an amount of at least ₹100 million) have already invested Rs. 1,390 crore (139 million) on 15th Jan 2021. There were 31 Anchor Investors, who put money in the pre-IPO investment.
How to apply in IRFC bidding ?
All Bidders, except Anchor Investors and RIBs, shall participate in this Issue mandatorily through the ASBA process by providing the details of their respective bank accounts in which the corresponding Bid Amount will be blocked by the SCSBs. RIBs may participate through the ASB process by either; (a) providing the details of their respective ASBA Account in which the corresponding Bid Amount will be blocked by the SCSBs or, (b) through the UPI Mechanism. Anchor Investors are not permitted to participate in the Issue through the ASBA process.
Credit ratings of borrowings of IRFC :
IRFC has maintained the highest possible credit ratings for an Indian issuer both for domestic and international borrowings.
- CRISIL – CRISIL AAA and CRISIL A1+,
- ICRA – ICRA AAA and ICRA A1+,
- CARE – CARE AAA and CARE A1+.
- Baa3 (Negative) rating by Moody’s,
- BBB- (Stable) rating by Standard and Poor’s,
- BBB- (Negative) rating by Fitch and
- BBB+ (Stable) rating by Japanese Credit Rating Agency.
Objectives of the IRFC IPO Issue:
The Issue comprises a Fresh Issue by our Company and an Offer for Sale by the Selling Shareholder.
Objects of the Fresh Issue:
The Net Proceeds are proposed to be utilised towards funding of the following objects:
(1) Augmenting our equity capital base to meet our future capital requirements arising out of growth in our
business; and
(2) General corporate purposes.
The Offer for Sale
The proceeds of the Offer for Sale shall be received by the Selling Shareholder only and our Company will not receive any proceeds from the Offer for Sale.
IRFC as a company:
Indian Railway Finance Corporation Limited was incorporated on December 12, 1986, as a public limited company under the Companies Act, 1956. IRFC is a part of Indian Railways, under ministry of Railways. Currently Piyush Goyal is the Minister of Railways. IRFC is a subsidiary of Indian Railways, which raise money from various channels and sources like LIC among others and Indian Railways borrows money from IRFC for its expansion and operation.
IFRC is the dedicated market borrowing arm of the Indian Railways. IFRC are responsible for raising the finance necessary for projects and opera activities. IFRC’s primary business is financing the acquisition of rolling stock assets, leasing of railway infrastructure assets and lending to other entities under the Ministry of Railways, Government of India (“MoR”). Over the last three decades, IFRC have played a significant role in supporting the capacity enhancement of the Indian Railways by financing a proportion of its annual plan outlay.
IFRC is registered with the Reserve Bank of India as a NBFC (Systematically Important) and are classified under the category of an “Infrastructure Finance Company”
Registered and Corporate Office: UG-Floor, East Tower, NBCC Place, Bisham Pitamah Marg, Pragati Vihar, Lodhi Road, New Delhi – 110 003; Tel: +91 (11) 2436 9766
Contact Person: Vijay Babulal Shirode, Company Secretary and Compliance Officer; Tel: +91 (11) 2436 8068;
E-mail: cs@irfc.nic.in; Website: http://www.irfc.nic.in;
Corporate Identification Number: U65910DL1986GOI026363
Kindly verify from RHP and concerned company for any clarification.
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