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Orissa Bengal Carrier Ltd.

Orissa Bengal Carrier Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹30
₹30
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹30
Based on GMP
Min. Investment
₹120,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
22 Mar 2018
Close Date
26 Mar 2018
Allotment
01 Apr 2018
Listing Date
05 Apr 2018
Exchange
BSE SME
Price Band
₹30
Listing Price
See chart
Allotment Status
Price Band
₹30
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
55,64,000 shares (aggregating up to ₹16.69 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
1,55,18,790 shares
Promoters
Post-IPO Holding
2,10,82,790 shares
Promoters
UPI Deadline
2018-03-26
Mandate
Anchor AllotmentWed, 21 Mar 2018
Basis of AllotmentSun, 01 Apr 2018
Refund InitiationMon, 02 Apr 2018
Demat CreditMon, 02 Apr 2018
Listing DayThu, 05 Apr 2018
UPI Mandate Deadline2018-03-26
Sale TypeFresh Capital
Net Offer to Public52,80,000 shares (aggregating up to ₹15.84 Cr)
Market Maker Quota2,84,000 shares (aggregating up to ₹0.8520 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Orissa Bengal Carrier Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Mar 2018.
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
284,000
₹0.85
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,564,000
100% ₹16.69
IPO Shares Offered
Orissa Bengal Carrier Ltd. IPO total issue size: ₹16.69 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 284,000 ₹0.85
5.10%
Total 5,564,000 ₹16.69
100.00%
* Based on upper price band ₹30 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹30.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹240,000
Retail (Max — 13 Lots)1352,000₹1,560,000
S-HNI (Min — 14 Lots)1456,000₹1,680,000
B-HNI (Min — 68 Lots)68272,000₹8,160,000
* Issue Price ₹30 × Lot Size 4,000 shares
IPO Schedule
Anchor
21 Mar 2018
✓ Done
IPO Open
22 Mar 2018
✓ Done
IPO Close
26 Mar 2018
✓ Done
Allotment
01 Apr 2018
✓ Done
Refunds
02 Apr 2018
✓ Done
Demat Credit
02 Apr 2018
✓ Done
Listing Day
05 Apr 2018
✓ Done
Orissa Bengal Carrier Ltd. — Live Price LIVE
₹30.00
INR · BSE
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Issue ₹30.00 Live Price
About Orissa Bengal Carrier Ltd.
Incorporated in 1994, Orissa Bengal Carrier Limited is a Raipur, Chhattisgarh based logistics company engaged in goods transportation business. The company is one of the IBA approved transporter having ISO 9001:2015 certification for provision of Quality Management System Service. It serves a broad range of industries, including the steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, textile, FMCG. The various types of services provided by the company include: Full Truck Load Transport Services, Parcel and Part Truck Load Services/less than Truck Load (LTL).The company has a network 45 branch offices spread across the various regions of the country, which serves as strategic hubs for its operations. It has a diversified customer base spreading to over 200 customers as on September 30, 2017. The clientele includes public sector undertakings, corporate and other private players from steel, aluminum, cement, petrochemicals, power, chemicals, marble, tiles, infra, textile, FMCG to name a few.Orissa Bengal is maintaining its own fleet of 93 owned vehicles. They also provide services by hired vehicles.As of September 30, 2017 the company had 83 employees, including drivers, based at different locations across the country.The Strengths of the company are-• Experience: The company has got rich experience of 23 years and is an established name in the logistics industryin the region.• Distribution network: A branch network of 45 branches covering major geography of the country stretching from WB and Orissa in the east to Gujarat in the west, and Punjab in the north to Tamil Nadu in the south.• Rich and diversified Customer base: A diversified customer base spreading to over 200 customers as on September 30, 2017. The clientele includes public sector undertakings, corporates and other private players from steel, aluminum, cement, petrochemicals, power, chemicals industry to name a few.• Quality certification – The Company has been accredited with “ISO 9001:2015” certification for Quality Services by LMS Certifications Private Limited providing logistics services & handling services all over India. Additionally, we are an Indian Bank Association (IBA) approved transporter.• Vast of Area of Operation: We provide logistics services covering almost the entire nation.• Strategic location: Since Chhattisgarh contributes approx. 30.00% to India’s steel/sponge iron production, 15.00% cement in India’s production, there is high demand from companies for transportation of goods.
Objects of the Issue
1
1 Funding of working capital requirements of the Company
2
2 Issue Expenses
Orissa Bengal Carrier Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹20,650.4
31-Mar-15
₹22,056.0
31-Mar-16
₹21,300.2
31-Mar-17
Profit After Tax (PAT)
₹91.9
31-Mar-15
₹182.4
31-Mar-16
₹395.4
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 21300.22 22055.97 20650.43
EBITDA N/A N/A N/A
Profit After Tax (PAT) 395.43 182.41 91.92
Net Worth N/A N/A N/A
Total Assets 7624.53 6672.51 6111.09
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 Offered55,64,000 (100.00%)
Net Offer to Public52,80,000 shares (aggregating up to ₹15.84 Cr)
Reserved for Market Maker2,84,000 shares (aggregating up to ₹0.8520 Cr)
Pre-Issue Promoter Holding1,55,18,790 shares
Post-Issue Promoter Holding2,10,82,790 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Oneview Corporate 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 Orissa Bengal Carrier Ltd. IPO subscribed?

Orissa Bengal Carrier Ltd. IPO is subscribed 1.00 times by Mar 26, 2018. 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 Orissa Bengal Carrier Ltd. IPO retail subscription status?

The Orissa Bengal Carrier Ltd. IPO retail category is subscribed 1.00 times as of 26 Mar 2018. The retail portion is oversubscribed.

How to subscribe Orissa Bengal Carrier Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 22 Mar 2018 and closes 26 Mar 2018. Min investment: ₹120,000 (1 lot = 4,000 shares). UPI mandate: 2018-03-26.

How many times Orissa Bengal Carrier Ltd. IPO subscribed?

The Orissa Bengal Carrier Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Orissa Bengal Carrier 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: 01 Apr 2018. Refunds: on 02 Apr 2018.

When Orissa Bengal Carrier Ltd. IPO will be listed?

The Orissa Bengal Carrier Ltd. IPO listing date is 05 Apr 2018, Thursday. Listed on: BSE SME. Issue price: ₹30. Estimated listing: ₹30. GMP: NIL.

When Orissa Bengal Carrier Ltd. IPO close?

The Orissa Bengal Carrier Ltd. IPO closes on 26 Mar 2018, Monday. UPI mandate: 2018-03-26. Allotment: 01 Apr 2018. Listing: 05 Apr 2018.