Bindal Exports Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Sep 2016

Close Date

06 Oct 2016

Allotment

12 Oct 2016

Listing Date

17 Oct 2016

Exchange

BSE SME

Price Band

₹16

Listing Price

See chart

Allotment Status

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Price Band

₹16

Per share

Face Value

₹10 per share

Lot Size

8,000 Shares

per lot

Issue Size

12,48,000 shares (aggregating up to ₹2.00 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹128,000

1 lot

Pre-IPO Holding

33,52,400 shares

Promoters

Post-IPO Holding

46,00,400 shares

Promoters

UPI Deadline

2016-10-06

Mandate

Anchor AllotmentThu, 29 Sep 2016

Basis of AllotmentWed, 12 Oct 2016

Refund InitiationThu, 13 Oct 2016

Demat CreditThu, 13 Oct 2016

Listing DayMon, 17 Oct 2016

UPI Mandate Deadline2016-10-06

Sale TypeFresh Capital

Net Offer to Public11,84,000 shares (aggregating up to ₹1.89 Cr)

Market Maker Quota64,000 shares (aggregating up to ₹0.1024 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Bindal Exports Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Oct 2016.

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	64,000	—	₹0.10
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,248,000	100%	₹2.00

IPO Shares Offered

Bindal Exports Ltd. IPO total issue size: ₹2.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	64,000	₹0.10	5.13%
Total	1,248,000	₹2.00	100.00%

* Based on upper price band ₹16 per share

Lot Size & Investment

Lot Size

8,000

Shares per Lot

Issue Price

₹16.00

Upper Band

Min Investment

₹128,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	16,000	₹256,000
Retail (Max — 13 Lots)	13	104,000	₹1,664,000
S-HNI (Min — 14 Lots)	14	112,000	₹1,792,000
B-HNI (Min — 68 Lots)	68	544,000	₹8,704,000

* Issue Price ₹16 × Lot Size 8,000 shares

IPO Schedule

Anchor

29 Sep 2016

✓ Done

IPO Open

30 Sep 2016

✓ Done

IPO Close

06 Oct 2016

✓ Done

Allotment

12 Oct 2016

✓ Done

Refunds

13 Oct 2016

✓ Done

Demat Credit

13 Oct 2016

✓ Done

Listing Day

17 Oct 2016

✓ Done

₹16.00

INR · BSE

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Issue ₹16.00 Live Price

About Bindal Exports Ltd.

Incorporated in 1997, Bindal Exports Ltd is a Surat, Gujarat-based company involved in supplying fabrics, trading grey cloth and finished fabrics and job work of fabrics. The products the company produces include dyed and printed fabrics of polyester, cotton and viscose base; Indian ethnic wear like saree and salwar-kurta-dupatta, embellished stoles and Scarves and flags.Company has sticking and cutting facility with requisite types of machinery and facilities at Surat. The products produce cater to both domestic and international markets.Competitive Strengths:1. Experienced Management Team2. Quality Assurance3. A co-relation with its group company4. Established Marketing Setup5. Locational Advantage6. Scalable Business Model

Objects of the Issue

1 Working Capital Requirement

2 General corporate purposes

Bindal Exports Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

RoNW

0.94%

Issue Structure & Shareholding

Total Shares Offered12,48,000 (100.00%)

Net Offer to Public11,84,000 shares (aggregating up to ₹1.89 Cr)

Reserved for Market Maker64,000 shares (aggregating up to ₹0.1024 Cr)

Pre-Issue Promoter Holding33,52,400 shares

Post-Issue Promoter Holding46,00,400 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Pantomath Capital Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Bindal Exports Ltd. IPO subscribed? ▲

Bindal Exports Ltd. IPO is subscribed 1.00 times by Oct 06, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Bindal Exports Ltd. IPO retail subscription status? ▼

The Bindal Exports Ltd. IPO retail category is subscribed 1.00 times as of 06 Oct 2016. The retail portion is oversubscribed.

How to subscribe Bindal Exports Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2016 and closes 06 Oct 2016. Min investment: ₹128,000 (1 lot = 8,000 shares). UPI mandate: 2016-10-06.

How many times Bindal Exports Ltd. IPO subscribed? ▼

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

How to check Bindal Exports Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Oct 2016. Refunds: on 13 Oct 2016.

When Bindal Exports Ltd. IPO will be listed? ▼

The Bindal Exports Ltd. IPO listing date is 17 Oct 2016, Monday. Listed on: BSE SME. Issue price: ₹16. Estimated listing: ₹16. GMP: NIL.

When Bindal Exports Ltd. IPO close? ▼

The Bindal Exports Ltd. IPO closes on 06 Oct 2016, Thursday. UPI mandate: 2016-10-06. Allotment: 12 Oct 2016. Listing: 17 Oct 2016.

Quick Actions

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Live Price LIVE

Last Price₹16.00

Change—

Issue Price₹16.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹16

Face Value₹10

Lot Size8,000 Sh

Min. Amount₹128,000

GMPNIL

Est. Listing₹16

Subscribed1.00x

Open Date30 Sep 2016

Close Date06 Oct 2016

Allotment12 Oct 2016

Listing Date17 Oct 2016

ExchangeBSE SME

UPI Deadline2016-10-06