Intra-day Stock Recommendation [-]
Script Name Time Call No Buy/Sell Enter Between 1st Target 2nd Target Stop Loss High/Low Remark
Weekly Stock Recommendation [-]
Script Name Call No Buy/Sell CMP Enter Between 1st Target 2nd Target Stop Loss High/Low Remark
Mainline IPO
Company Name Open Date Close Date Issue Size Issue Price Lot Size Mini App Allotment Status
Rossari Biotech Ltd IPO Details 13-07-2020 15-07-2020 ₹ 496.49 Cr ₹ 423-425 33 ₹ 14,025 Available
SME IPO
Company Name Open Date Close Date Issue Size Issue Price Lot Size Mini App Allotment Status

Bhatia Communications & Retail Ltd IPO Detail

Bhatia Communications & Retail Ltd was established at 2008 in Surat, Gujarat.Bhatia Communications is engaged into retail and wholesale distribution business of mobile handsets, tablets, data-cards, mobile accessories, mobile related products etc. The company sells smart mobile handsets of all the brands including Apple I-Phone, Samsung, OPPO, GIONEE, VIVO etc, mobile related products, tablets, data cards, accessories under one roof through self-owned 72 retail outlets chain located all over the South Gujarat region including Surat, Vapi, Valsad, Navsari, Vyara etc. It also sells cellular mobile devices and accessories of all brands through its 24 franchisee retail chain dealers located in the South Gujarat region.

Initial public offer of 16,50,000 equity shares of face value of Rs.10 each (equity shares) of Bhatia Communications & Retail (India) Limited (company or issuer) for cash at a price of Rs. 150 per equity share (including a share Premium of Rs. 140 per equity share) (issue price) aggregating to Rs. 24.75 Crores (issue ) consisting of a freshIssue of 14,00,000 equity shares of face value of Rs.10 each (equity shares) for cash at a price of Rs. 150 per equity Share aggregating to Rs.21 Crores (issue) and 2,50,000 equity shares of face value of Rs.10 each (equity shares) for cash at a price of Rs. 150 per equity share aggregating to Rs. 3.75 Crores through an offer for sale by mr.Sanjeev Bhatia (referred as selling shareholder) of which 84,000 equity shares of face value of Rs.10.00 each for a Cash price of Rs. 150 per equity share, aggregating to Rs. 1.26 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,66,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 150 per equity share aggregating to Rs. 23.49 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 26.37% and25.03%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs.150 each. The issue price is 15 times of the face value.
Bhatia Communications & Retail Ltd IPO Details
Issue Open 08-02-2018
Issue Close 12-02-2018
Allotment Date 19-02-2018
Unblocked Amount 20-02-2018
Listing Date 21-02-2018
Issue Share 16,50,000 Total Equity Share
14,00,000 Fresh Equity Share
2,50,000 OFS Equity Share
2,76,000 Reserved by Market Maker
Issue Size ₹ 24.75 Cr Total
₹ 21.00 Cr Fresh
₹ 3.75 Cr OFS
IPO Price Band ₹ 150
Minimum Share Bid 1000
Minimum Investment Amount [Rs]  ₹ 1,50,000
Face Value ₹ 10
Retail Allocation 50%
Listing On BSE SME
Premium [Per Share] NA
Average Earning Per Share NA
Expected Listing Gain ₹ -
Bhatia Communications & Retail Ltd IPO Financial details [in Rs, Cr]
Financial Year Total Revenue Total Expenses Profit After Tax
FY-2013 74.3 73.9 0.2
FY-2014 104.1 103.6 0.4
FY-2015 110.6 110 0.3
FY-2016 96.1 95.6 0.3
FY-2017 133.5 132.5 0.5
H1-FY-2018 85.2 83.3 1.3
Bhatia Communications & Retail Ltd IPO Subscription Details
As on Date QIB/NII RII Total
Shared Offred 7,83,000 7,83,000 15,66,000
Day-1 [08-02-2018] 6,56,000 [0.84] 27,000 [0.03]6,83,000 [0.44]
Day-2 [09-02-2018] 11,67,000 [1.49] 50,000 [0.06] 12,17,000 [0.77]
Day-3 [12-02-2018] 15,55,000 [1.99] 5,73,000 [0.73] 21,28,000 [1.36]
Day-4 [-] -[-] -[-] -[-]
Bhatia Communications & Retail Ltd IPO Valuation Details
Earnings Per Share [EPS] ₹ 0.98
Price/Earnings [P/E] Ratio 153.06
Return on Net Worth [RoNW] 20.91%
Net Asset Value [NAV] ₹ 68.90
Bhatia Communications & Retail Ltd IPO Contact Details
Bhatia Communications & Retail (India) Limited
132, Dr. Ambedkar Shopping Centre
Ring Road
Surat,
Gujarat - 395 002
Phone: +91 0261 2349 892
Email: info@bhatiamobile.com
Website: www.bhatiamobile.com
Registrar of Bhatia Communications & Retail Ltd IPO
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
Address: Unit no. 9,
Shiv Shakti Ind. Est. J.R. BorichaMarg, Lower Parel, (E),
Mumbai – 400011
Tel No: +91-022-23016761/8261
Fax No: +91-022-2301 2517
SEBI Registration NO: INR000001112
Email Id: busicomp@vsnl.com / busicomp@gmail.com
Website: www.purvashare.com
Contact Person: Mr. V.B. Shah / Ms. Purva Shah
Lead Managers of Bhatia Communications & Retail Ltd IPO
GUINESS CORPORATE ADVISORS PRIVATE LIMITED
18 Deshapriya Park Road,
Kolkata - 700 026,
West Bengal, India
Tel: +91 - 33 - 3001 5555;
Fax: +91 - 33 - 3001 5531
Email:gcapl@guinessgroup.net
Investor Grievance Email: gcapl.mbd@guinessgroup.net
Website: www.guinessonline.net
Contact Person: Mr. Devendra Shah / Ms. Alka Mishra
SEBI Registration No.: INM 000011930
Bhatia Communications & Retail Ltd IPO Grey Market Premium
Check Grey Market Premium :- Click Here
Bhatia Communications & Retail Ltd IPO Allotment Status
Check Allotment Status :- Click Here
Live Subscription for Bhatia Communications & Retail Ltd IPO
Check Live Subscription :- Click Here
Download Bhatia Communications & Retail Ltd IPO DRHP & ASBA e-Forms
Download DRHP :- Update Soon
Download e-Forms BSE:- Click Here to Download
Bhatia Communications & Retail Ltd IPO Recommendations
Live IPO Team Recommendation:- Avoid

0 Response to "Bhatia Communications & Retail Ltd IPO Detail"

Post a comment