Business description – Orissa Bengal Carrier is a logistics company headquartered at Raipur, Chhattisgarh, serving a broad range of industries, including the steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, textile, FMCG. The various types of services provided by the company include: Full Truck Load Transport Services, Parcel and Part Truck Load Services/less than Truck Load (LTL). The main business activity of the company is Full Truck Load Transport service wherein it transports the consignment by road all over India. The company is one of the IBA approved transporter having ISO 9001:2015 certification for provision of Quality Management System Service.
Promoters of Orissa Bengal Carrier – Ratan Kumar Agrawal, Shakuntala Devi Agrawal and Manoj Kumar Agrawal
| Orissa Bengal Carrier IPO details | |
| Subscription Dates | 22 – 26 March 2018 |
| IPO Price band | INR30 per share |
| Fresh issue | 5,564,000 shares (INR16.69 crore) |
| Offer for sale | Nil |
| Total IPO size | 5,564,000 shares (INR16.69 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 – INR16.22 crore
- Issue Expenses – INR0.47 crore
| Orissa Bengal Carrier’s financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 6M FY2018 | |
| Total revenue | 135.5 | 185.2 | 206.5 | 220.6 | 213.0 | 164.0 |
| Total expenses | 135.5 | 184.8 | 205.6 | 218.5 | 208.2 | 159.5 |
| Profit after tax | -0.2 | 0.0 | 0.9 | 1.8 | 4.0 | 3.5 |
Orissa Bengal Carrier’s Contact Details
Orissa Bengal Carrier Limited
Jiwan Bima Marg
Pandri
Raipur – 492001
Phone: +91 771 4054518
Email: [email protected]
Website: www.obclimited.com
Orissa Bengal Carrier IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.17 |
| Day 2 | 0.38 |
| Day 3 | 1.17 |
Orissa Bengal Carrier Valuation (Latest FY)
Earnings Per Share (EPS): INR22.93
Price/Earnings (P/E) ratio: 1.31
Return on Net Worth (RONW): 14.07%
Net Asset Value (NAV): INR163.05 per share
Registrar of Orissa Bengal Carrier IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Orissa Bengal Carrier IPO Allotment Status
Orissa Bengal Carrier IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Orissa Bengal Carrier
IPO Opening Date: 22 March 2018
IPO Closing Date: 26 March 2018
Listing Date: 5 April 2018
Listing Price on BSE SME: INR31.9 per share (up 6.33% from IPO price)
Closing Price on BSE SME: INR33.45 per share (up 11.5% from IPO price)
