BCPL Railway IPO Description – BCPL Railway is engaged in the field of Railway Infrastructure Development involving design, drawing, supply, Erection and Commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment. The key clients of the company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) as well as large Public and Private Sector Undertakings like RITES Ltd., Durgapur Projects Ltd., Essel Mining Industries Ltd., Adhunik Group, Usha Martin Industries Ltd, Jindal Steel and Power Ltd., Rungta Mines, Haldia Energy Limited, Electrosteel and many more.
The company started its business as a Civil Contractor for the Indian Railways but diversified into electrification in the middle of the 90’s. Ever since, the company has kept its focus on the Electrification sector of the Railways keeping in view the vast scope of work in the existing and the untapped areas.
Promoters of BCPL Railway – Mr Jayanta Kumar Ghosh, Mr Aparesh Nandi, Mr Uday Narayan Singh and Resilient Exports Private Limited
| BCPL Railway IPO details | |
| Subscription Dates | 5 – 19 October 2018 |
| IPO Price band | INR35 per share |
| Fresh issue | 4,200,000 shares (INR14.70 crore) |
| Offer for sale | 660,000 (INR2.31 crore) |
| Total IPO size | 4,860,000 shares (INR17.01 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Working Capital Requirements – INR14.15 crore
- Issue Expenses – INR0.55 crore
| BCPL Railway’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 32.09 | 55.53 | 25.74 | 34.99 | 50.64 | |
| Total expenses | 29.51 | 51.08 | 24.41 | 33.14 | 44.90 | |
| Profit after tax | 2.07 | 3.27 | 0.96 | 1.27 | 4.05 | |
BCPL Railway’s Contact Details
BCPL Railway Infrastructure Limited
112
Raja Ram Mohan Roy Sarani
Kolkata – 700 009
Phone: +91 33 2219 0085
Email: [email protected]
Website: www.bcril.com
BCPL Railway IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.05 |
| Day 2 | 0.07 |
| Day 3 | 0.10 |
| Day 4 | 0.14 |
| Day 5 | 0.40 |
| Day 6 | 0.42 |
| Day 7 | 0.46 |
| Day 8 | 0.44 |
| Day 9 | 0.48 |
| Day 10 | 1.25 |
BCPL Railway Valuation (For FY2018)
Earnings Per Share (EPS): INR5.96
Price/Earnings (P/E) ratio: 5.87
Return on Net Worth (RONW): 10.85%
Net Asset Value (NAV): INR29.78 per share
Registrar of BCPL Railway IPO
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
BCPL Railway IPO Allotment Status
BCPL Railway IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of BCPL Railway
IPO Opening Date: 5 October 2018
IPO Closing Date: 19 October 2018
Listing Date: 29 October 2018
Listing Price on BSE SME: INR36 per share (up 2.86% from IPO price)
Closing Price on BSE SME: INR36.3 per share (up 3.71% from IPO price)
