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Artemis Electricals Ltd.

Artemis Electricals Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹60
₹60
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹60
Based on GMP
Min. Investment
₹120,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
24 Apr 2019
Close Date
06 May 2019
Allotment
06 May 2019
Listing Date
14 May 2019
Exchange
BSE SME
Price Band
₹60
Listing Price
See chart
Allotment Status
Price Band
₹60
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
70,00,000 shares (aggregating up to ₹42.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
1,77,03,690 shares
Promoters
Post-IPO Holding
2,47,03,690 shares
Promoters
UPI Deadline
2019-05-06
Mandate
Anchor AllotmentTue, 23 Apr 2019
Basis of AllotmentMon, 06 May 2019
Refund InitiationWed, 08 May 2019
Demat CreditFri, 10 May 2019
Listing DayTue, 14 May 2019
UPI Mandate Deadline2019-05-06
Sale TypeFresh Capital
Net Offer to Public66,44,000 shares (aggregating up to ₹39.86 Cr)
Market Maker Quota3,56,000 shares (aggregating up to ₹2.14 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Artemis Electricals Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 May 2019.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
356,000
₹2.14
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
7,000,000
100% ₹42.00
IPO Shares Offered
Artemis Electricals Ltd. IPO total issue size: ₹42.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 356,000 ₹2.14
5.09%
Total 7,000,000 ₹42.00
100.00%
* Based on upper price band ₹60 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹60.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹240,000
Retail (Max — 13 Lots)1326,000₹1,560,000
S-HNI (Min — 14 Lots)1428,000₹1,680,000
B-HNI (Min — 68 Lots)68136,000₹8,160,000
* Issue Price ₹60 × Lot Size 2,000 shares
IPO Schedule
Anchor
23 Apr 2019
✓ Done
IPO Open
24 Apr 2019
✓ Done
IPO Close
06 May 2019
✓ Done
Allotment
06 May 2019
✓ Done
Refunds
08 May 2019
✓ Done
Demat Credit
10 May 2019
✓ Done
Listing Day
14 May 2019
✓ Done
Artemis Electricals Ltd. — Live Price LIVE
₹60.00
INR · BSE
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Issue ₹60.00 Live Price
About Artemis Electricals Ltd.
Incorporated in 2009, Mumbai based Artemis Electricals Limited is engaged in manufacturing and trading of LED lights and LED lighting accessories. The company manufactures and trades indoor and outdoor LED luminaries.The company manufactures LED drivers at its manufacturing facility located in Vasai. They use third-party manufacturing facilities for manufacturing of LED bulbs. The finished products are delivered to Original Equipment Manufacturer (OEM) who in terms apply-in their brand and sale to the retail customers.As of Jan 2019, the company has 32 employees and 11 contractors. Two of the company employees are in R&D.ProductsThe company manufactures products in 2 categories; Indoor Lighting and Outdoor Lighting. The product line of the company includes LED Panel Lights, LED Street Lights, Solar LED Street Lights, LED Down Lights, LED Surface Down Lights, Pendant Downlights, LED Spot Lights, LED Batten Lights, LED Architectural Lights, LED Focus Lights, LED Bulbs.The company also manufactures and trade in Solar charge controllers, Solar powered LED Batten Lights, Solar powered LED Down Lights, Solar powered LED Street Lights, Solar powered LED Bulbs, Solar powered Fans, Solar powered LED Lanterns etc.Manufacturing PlantThe company has a manufacturing plant in Vasai, from where it supplies the products to OEM's for further selling and branding.RevenueAs on 31st Oct 2018, the revenue of the company from the selling of LED lighting products and other LED accessories was Rs 5,241.26 Lakhs. Company doesn't provide a clear distinction between manufacturing and trading revenue.The competitive strengths of the company are:1. Complete value chain in-house2. Manufacturing unit at Vasai3. Time-bound execution4. Strong client base5. Government contracts
Objects of the Issue
1
1 Long term working capital requirements
2
2 Purchase of machinery / equipment
3
3 General corporate purposes
Artemis Electricals Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹4,723.9
31-Mar-17
₹8,947.6
31-Mar-18
₹5,241.3
31-Oct-18
Profit After Tax (PAT)
₹177.0
31-Mar-17
₹952.9
31-Mar-18
₹592.8
31-Oct-18
Particulars31-Oct-1831-Mar-1831-Mar-17
Revenue from Operations 5241.26 8947.63 4723.87
EBITDA N/A N/A N/A
Profit After Tax (PAT) 592.75 952.90 177.04
Net Worth N/A N/A N/A
Total Assets 6484.70 6732.59 1969.07
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered70,00,000 (100.00%)
Net Offer to Public66,44,000 shares (aggregating up to ₹39.86 Cr)
Reserved for Market Maker3,56,000 shares (aggregating up to ₹2.14 Cr)
Pre-Issue Promoter Holding1,77,03,690 shares
Post-Issue Promoter Holding2,47,03,690 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Artemis Electricals Ltd. IPO subscribed?

Artemis Electricals Ltd. IPO is subscribed 1.00 times by May 06, 2019. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Artemis Electricals Ltd. IPO retail subscription status?

The Artemis Electricals Ltd. IPO retail category is subscribed 1.00 times as of 06 May 2019. The retail portion is oversubscribed.

How to subscribe Artemis Electricals Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 24 Apr 2019 and closes 06 May 2019. Min investment: ₹120,000 (1 lot = 2,000 shares). UPI mandate: 2019-05-06.

How many times Artemis Electricals Ltd. IPO subscribed?

The Artemis Electricals Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Artemis Electricals Ltd. IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 06 May 2019. Refunds: on 08 May 2019.

When Artemis Electricals Ltd. IPO will be listed?

The Artemis Electricals Ltd. IPO listing date is 14 May 2019, Tuesday. Listed on: BSE SME. Issue price: ₹60. Estimated listing: ₹60. GMP: NIL.

When Artemis Electricals Ltd. IPO close?

The Artemis Electricals Ltd. IPO closes on 06 May 2019, Monday. UPI mandate: 2019-05-06. Allotment: 06 May 2019. Listing: 14 May 2019.