Felix Industries IPO

Felix Industries IPOBusiness description – Established in 2012, Felix Industries Ltd is an Environmental Conservation Company with a fundamental vision of ―Recycle-Reuse-Recover-Reduce. The company is an expert in developing technological solutions and carrying out the construction work needed to operate its services. Since 2012 to 2017, Felix provided water & wastewater solutions/services to over 50 industries and MNC‘s in India along with aiding and spreading knowledge in the industry and municipal bodies.

Felix is one of the leading players in the management of e-waste across the entire waste life cycle, from collection to recycling and material recovery. The company is continuously working to develop innovative technical solutions to offer its customers a range of collection systems that can be adapted to suit their specific economic and regional requirements.

Promoters of Felix Industries – Mr Ritesh Vinay Patel and Mr Sagar Samir Shah

Felix Industries IPO details
Subscription Dates 23 – 27 November 2017
IPO Price band INR35 per share
Fresh issue 1,368,000 shares (INR4.79 crore)
Offer for sale Nil
Total IPO size 1,368,000 shares (INR4.79 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Felix Industries’ consolidated financial performance (in INR lakh)
FY2014 FY2015 FY2016 FY2017 7M FY2018
Total revenue 412.8 292.1 328.5 519.1 345.9
Total expenses 405.9 286.0 305.9 493.2 311.5
Profit after tax 5.0 4.2 11.0 17.2 23.3

Felix Industries Limited
208, Devshruti Complex, Opp. Medisurge Hospital
Nr. Mithakhali Cross Road, Ellisbridge
Ahmedabad – 380 006

Phone: +91 79 2646 3658
Email: [email protected]
Website: www.felixindustries.co

Day

Subscription (no. of times)

Day 1 0.51
Day 2 1.21
Day 3 5.07

 

Earnings Per Share (EPS): INR1.18

Price/Earnings (P/E) ratio: 29.67

Return on Net Worth (RONW): 4.46%

Net Asset Value (NAV): INR10.35 per share

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax: 
+91 22 2847 5201
Email:
 [email protected]
Website: www.bigshareonline.com

Felix Industries IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

IPO Opening Date: 23 November 2017

IPO Closing Date: 27 November 2017

Finalisation of Basis of Allotment: 30 November 2017

Initiation of refunds: 1 December 2017

Transfer of shares to demat accounts: 1 December 2017

Listing Date: 5 December 2017

Listing Price on NSE SME: INR35.5 per share (up 1.4% from IPO price)

Closing Price on NSE SME: To be updated

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