Pulz Electronics Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

14 Nov 2017

Close Date

16 Nov 2017

Allotment

22 Nov 2017

Listing Date

24 Nov 2017

Exchange

NSE SME

Price Band

₹54

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹54

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

7,26,000 shares (aggregating up to ₹3.92 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹108,000

1 lot

Pre-IPO Holding

20,00,000 shares

Promoters

Post-IPO Holding

27,26,000 shares

Promoters

UPI Deadline

2017-11-16

Mandate

Anchor AllotmentMon, 13 Nov 2017

Basis of AllotmentWed, 22 Nov 2017

Refund InitiationThu, 23 Nov 2017

Demat CreditThu, 23 Nov 2017

Listing DayFri, 24 Nov 2017

UPI Mandate Deadline2017-11-16

Sale TypeFresh Capital

Net Offer to Public6,88,000 shares (aggregating up to ₹3.72 Cr)

Market Maker Quota38,000 shares (aggregating up to ₹0.2052 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

NSE ListingView on NSE →

Check AllotmentClick here →

Subscription Rate Final

Pulz Electronics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 16 Nov 2017.

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	38,000	—	₹0.21
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	726,000	100%	₹3.92

IPO Shares Offered

Pulz Electronics Ltd. IPO total issue size: ₹3.92 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	38,000	₹0.21	5.23%
Total	726,000	₹3.92	100.00%

* Based on upper price band ₹54 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹54.00

Upper Band

Min Investment

₹108,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹216,000
Retail (Max — 13 Lots)	13	26,000	₹1,404,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,512,000
B-HNI (Min — 68 Lots)	68	136,000	₹7,344,000

* Issue Price ₹54 × Lot Size 2,000 shares

IPO Schedule

Anchor

13 Nov 2017

✓ Done

IPO Open

14 Nov 2017

✓ Done

IPO Close

16 Nov 2017

✓ Done

Allotment

22 Nov 2017

✓ Done

Refunds

23 Nov 2017

✓ Done

Demat Credit

23 Nov 2017

✓ Done

Listing Day

24 Nov 2017

✓ Done

₹54.00

INR · NSE

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Issue ₹54.00 Live Price

About Pulz Electronics Ltd.

Incorporated in 2005, Pulz Electronics is involve in development and manufacturing of high quality audio system and solution using Co-Axial technology and line array based speaker systems for the cinema, Pro Audio, Studio and Home Audio Industries such as Co-Axial Surround Speaker, Hi Power and in wall Subwoofers, Hi Power Co-Axial Speakers etc. Pulz Electronics manufactures sound systems, which predominantly includes speakers and amplifiers. The company also imports and sells certain special types of amplifiers from China. The company also undertakes annual maintenance contracts for audio systems. Pulz Electronics has a manufacturing facility located on the outskirts of Mumbai at Palghar, along with a large warehousing facility which is well stocked with off-the-shelf Pulz products. The warehouse enables ultra-fast turnaround times for projects that require equipment at a shorter notice.

Objects of the Issue

Acquisitions and Other Strategic Initiatives

General Corporate purposes

Issue expenses

Pulz Electronics Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹1,307.0

31-Mar-2016

₹1,385.0

31-Mar-2017

₹386.2

30-Jun-2017

Profit After Tax (PAT)

₹30.1

31-Mar-2016

₹134.0

31-Mar-2017

₹40.4

30-Jun-2017

Particulars	30-Jun-2017	31-Mar-2017	31-Mar-2016
Revenue from Operations	386.20	1384.98	1307.03
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	40.38	134.03	30.10
Net Worth	423.29	382.91	248.89
Total Assets	1161.16	1148.25	896.56
Reserves & Surplus	223.29	182.91	198.89
Borrowings	154.14	151.22	169.73
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered7,26,000 (100.00%)

Net Offer to Public6,88,000 shares (aggregating up to ₹3.72 Cr)

Reserved for Market Maker38,000 shares (aggregating up to ₹0.2052 Cr)

Pre-Issue Promoter Holding20,00,000 shares

Post-Issue Promoter Holding27,26,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodePULZ-SM

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com

Check Allotment

Book Running Lead Managers

SARTHI CAPITAL ADVISORS PRIVATE LIMITED

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

IPO Subscription FAQs

How much Pulz Electronics Ltd. IPO subscribed? ▲

Pulz Electronics Ltd. IPO is subscribed 1.00 times by Nov 16, 2017. 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 Pulz Electronics Ltd. IPO retail subscription status? ▼

The Pulz Electronics Ltd. IPO retail category is subscribed 1.00 times as of 16 Nov 2017. The retail portion is oversubscribed.

How to subscribe Pulz Electronics Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 14 Nov 2017 and closes 16 Nov 2017. Min investment: ₹108,000 (1 lot = 2,000 shares). UPI mandate: 2017-11-16.

How many times Pulz Electronics Ltd. IPO subscribed? ▼

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

How to check Pulz Electronics Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com. Enter your PAN, application number or DP/Client ID. Allotment date: 22 Nov 2017. Refunds: on 23 Nov 2017.

When Pulz Electronics Ltd. IPO will be listed? ▼

The Pulz Electronics Ltd. IPO listing date is 24 Nov 2017, Friday. Listed on: NSE SME. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Pulz Electronics Ltd. IPO close? ▼

The Pulz Electronics Ltd. IPO closes on 16 Nov 2017, Thursday. UPI mandate: 2017-11-16. Allotment: 22 Nov 2017. Listing: 24 Nov 2017.

Quick Actions

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Live Price LIVE

Last Price₹54.00

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Issue Price₹54.00

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Quick Summary

StatusListed

Issue Price₹54

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹108,000

GMPNIL

Est. Listing₹54

Subscribed1.00x

Open Date14 Nov 2017

Close Date16 Nov 2017

Allotment22 Nov 2017

Listing Date24 Nov 2017

ExchangeNSE SME

UPI Deadline2017-11-16

Script CodePULZ-SM