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Bohra Industries IPO
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Bohra Industries is an ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007 certified company engaged in manufacturing of Single Super Phosphate (SSP) both in powder and granulated form. The company has its registered office and manufacturing facility situated in Udaipur, Rajasthan.
Its product, SSP fertilizer is being sold under brand name MAHALAXMI, in 17 states of India and is also simultaneously marketed by leading fertilizer companies of India. Â Bohra Industries has entered into Memorandum of Understanding for its product SSP with Hindustan Insecticides Limited for supply of minimum 30,000 MT per annum of SSP for a period of one year from August 03, 2016 to August 02, 2017 in the states of Maharashtra, Rajasthan, Uttar Pradesh and Assam. It has also entered into Memorandum of Understanding dated December 26, 2016 with Rashtriya Chemicals and Fertilisers Limited for supply of minimum 44,500 mt per annum of SSP for a period of six months December 26, 2016 to June 24, 2017 in the states of Punjab, Haryana, Madhya Pradesh, Chattisgarh, Odisha, Rajasthan, Uttar Pradesh and West Bengal.
Promoters of Bohra Industries – Hemant Kumar Bohra
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Bohra Industries IPO details |
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| Subscription Dates | 23 – 27 Mar 2017 |
| IPO Price band | INR51 – 55 per share |
| Fresh issue | 4,572,000 shares (INR25.15 crore at upper band) |
| Offer for sale | Nil |
| Total IPO size | 4,572,000 shares (INR25.15 crore at upper band) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge platform |
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Bohra Industries’ financial performance (in INR crore) |
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| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | 6M FY2017 | |
| Total revenue | 56.0 | 75.2 | 90.5 | 96.3 | 113.0 | 50.1 |
| Total expenses | 51.4 | 68.4 | 83.5 | 91.2 | 107.2 | 46.2 |
| Profit after tax | 2.8 | 5.5 | 5.4 | 4.3 | 4.5 | 2.6 |
Bohra Industries Limited
301, Anand Plaza, University Road
Udaipur – 313 001
Phone:Â +91 294 2342 226
Email:Â [email protected]
Website:Â www.bohraindustries.com
| Day |
Subscription (no. of times) |
| Day 1 | Â 0.82 |
| Day 2 | Â 0.96 |
| Day 3 | Â 3.23 |
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Bohra Industries IPO allotment status is available on Bigshare Services Private Limited website. Click on this link to get allotment status.
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
IPO Opening Date: 23 March 2017
IPO Closing Date: 27 March 2017
Finalisation of Basis of Allotment: 30Â March 2017
Initiation of refunds: 31Â March 2017
Transfer of shares to demat accounts: 31 March 2017
Listing Date: 5Â April 2017
Listing Price on NSE SME: INR56.2 per share (return of 2.2% over IPO price)
Closing Price on NSE SME:Â INR57.55Â per share (return of 4.6% over IPO price)
How is this IPO? what’s the grey market premium?
I like the business. It is profitable and offerd at reasonable PE multiple of less than 11. Krishana Phoschem is at more than 23 so Bohra is clearly much better.
Will it list with primium or with discount. ?
Gray marketma ketla ma soda pade che
sme ipo mein profit hota hai ya loss ??
Can anybody tell about listing gain and price of listing premium or discount?