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Bansal Multiflex IPO
Incorporated in 2013, Bansal Multiflex is engaged in trading of cloth, different type of semi furnished fabrics, varieties of finished fabrics. Since December 2016, the company has also been engaged in trading of different type of chemicals primarily used in making detergent and soaps. It also engages services of third party job workers for processing of grey cloth which includes dying, bleaching, printing, drying etc. It sells the semi-finished and finished product to garment houses for manufacturing of garments in the apparel industry. Bansal Multiflex’s product portfolio comprises of Grey fabric, Cotton Fabric, Dress materials , Matchings Twill Fabrics, Satin fabrics, Slub Satin Fabrics, Cotton Slub fabrics, Dobby fabrics, Meti fabrics, Jute Fabrics, Denim Fabric, Xford Fabrics, Rencho Fabrics, Micro Cotton Fabrics and Raymond Cotton Fabrics under the spectrum of fabric and cloth and Acid Slury (LABSA), AOS Chemicals, Caustic Flakes, Caustic Soda Flakes under the spectrum of chemicals.
Promoters of Bansal Multiflex – Anupkumar Bansal and Suman Bansal
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Bansal Multiflex IPO details |
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| Subscription Dates | 30 June – 4 July 2017 |
| IPO Price band | INR31Â per share |
| Fresh issue | 2,000,000 shares (INR6.2 crore) |
| Offer for sale | Nil |
| Total IPO size | 2,000,000 shares (INR6.2 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
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Bansal Multiflex’s  financial performance (in INR lakh) |
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| FY2014 | FY2015 | FY2016 | FY2017 | |||
| Total revenue | 140.38 | 177.43 | 213.45 | 1,176.97 | ||
| Total expenses | 139.74 | 175.38 | 210.30 | 1122.30 | ||
| Profit after tax | 0.40 | 1.35 | 2.11 | 37.72 | ||
Bansal Multiflex Limited
72, The Nutan Guj. Co Op Shops and Warehouses Soc O/S Raipur Gate,
Near Laxmi Cotton Mill,
Ahmedabad – 380 022, Gujarat
Phone: +91 079 2545 4570
Email: [email protected]
Website: www.bansalmultiflex.com
| Day |
Subscription (no. of times) |
| Day 1 | 1.04 |
| Day 2 | Â 1.66 |
| Day 3 | Â 4.29 |
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Earnings Per Share (EPS): INR44.92
Price/Earnings (P/E) ratio:Â 0.69
Return on Net Worth (RONW): 6.47%
Net Asset Value (NAV): INR10.77 per share
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone: +91 22Â 4043 0200Â
Fax: +91 22Â 2847Â 5201
Email: [email protected]
Website: www.bigshareonline.com
Bansal Multiflex IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
IPO Opening Date: 30 June 2017
IPO Closing Date: 4Â July 2017
Listing Date:Â 12 July 2017
Listing Price on NSE SME: INR34 per share (up 9.7% from IPO price)
Closing Price on NSE SME: INR35.6 per share (up 14.8% from IPO price)
