Fine Organic Industries Limited IPO Details

Fine Organic Industries Limited IPO Subscription Details
As on Date	QIB	NII	RII	Total
Shared Offred	15,32,999	11,49,750	26,82,748	53,65,497
Day-1 [20-06-2018]	2,55,417 [0.17]	7,524 [0.01]	3,57,371 [0.13]	6,20,312 [0.12]
Day-2 [21-06-2018]	9,81,483 [0.64]	51,490 [0.05]	10,77,718 [0.40]	21,10,691 [0.40]
Day-3 [22-06-2018]	1,97,06,705 [12.86]	2,41,54,092 [21.01]	43,57,783 [1.62]	4,82,18,580 [8.99]

Fine Organic Industries Limited was established in 2002, Fine Organic Industries Limited is the largest manufacturer of oleo chemical-based additives in India and a strong player globally in this industry. Company produce a wide range of specialty plant derived oleo chemicals-based additives used in the food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries. As at December 31, 2017, we had a range of 387 different products sold under the ‘Fine Organics’ brand. Company the first company to introduce slip additives in India and we are the largest producer of slip additives in the world.

Our success is the result of sustained efforts over the decades in all areas of our business, such as product innovation, process technology improvements, increases in scale, improved raw material procurement and focus on cultural understanding of consumers. (Source: CRISIL Research Report). In the 12 months ended December 31, 2017, we had 603 direct customers (i.e., end-users of our products) and 127 distributors (who sold our products to more than 5,000 customers) from 67 countries. Our direct customers are multinational, regional and local players manufacturing consumer products, such as Hindustan Unilever and Parle Products, and petrochemical companies and polymer producers globally. Our plastics additives and specialty additives are also used in the packaging of foods and other fast moving consumer goods.

Fine Organic Industries Limited IPO Details
Issue Open	20-06-2018
Issue Close	22-06-2018
Allotment Date	28-06-2018
Unblocked Amount	29-06-2018
Listing Date	02-07-2018
Issue Size	76,64,994 Total Equity Share - Fresh Issue Equity Share - OFS Equity Share
Issue Size	₹ 601.70 Cr Total ₹ - Cr Fresh ₹ - Cr OFS
IPO Price Band	₹ 780 - ₹ 783
Minimum Share Bid	19
Minimum Investment Amount [₹]	₹ 14,820 - ₹ 14,877
Face Value	₹ 5
Qualified Institutional Buyer [QIB]	50%
High Networth Individual [HNI]	15%
Retail Individual Investor [RII]	35%
Listing On	BSE & NSE

Fine Organic Industries Limited IPO Gray Market Value
Latest Update	27-06-2018 09:00 AM
Kostak Price [As Per Market View]	₹ 400
Premium [Per Share] As Per Market View	38 - 40
Expected Listing Gain [Subject to Sauda]	2000

Fine Organic Industries Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Revenue	Total Expenses	Profit After Tax
FY-2013	497.51	466.55	20.90
FY-2014	574.19	479.62	61.75
FY-2015	616.65	530.89	57.08
FY-2016	667.65	550.82	76.19
FY-2017	792.66	671.83	77.68
Dec-2017	594.71	500.19	58.54
-	-	-	-

Fine Organic Industries Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 25.92
Price/Earnings [P/E] Ratio	-
Return on Net Worth [RoNW]	26.63 %
Net Asset Value [NAV]	₹ 117.86 Per Share

Fine Organic Industries Limited IPO Grey Market Premium
Check Grey Market Premium :- Click Here

Fine Organic Industries Limited IPO Allotment Status
Check Allotment Status :- Click Here

Live Subscription for Fine Organic Industries Limited IPO
Check Live Subscription in BSE :- Click Here Check Live Subscription in NSE :- Click Here

Download Fine Organic Industries Limited IPO DRHP & ASBA e-Forms
Download DRHP :- Click Here to Download Download e-Forms BSE:- Click Here to Download Download e-Forms NSE:- Click Here to Download

Fine Organic Industries Limited IPO Recommendations
Live IPO Team Recommendation:- Neutral

Fine Organic Industries Limited IPO Contact Details
Fine Organic Industries Limited Fine House, Anandji Lane, Ghatkopar (East), Mumbai 400 077 Tel:- (91 22) 2102 5000 Fax:- (91 22) 2102 8899 E-mail: investors@fineorganics.com Website: www.fineorganics.com

Registrar of Fine Organic Industries Limited IPO
Karvy Computershare Private Limited Karvy Selenium, Tower B Plot number 31 & 32 Gachibowli Financial District Nanakramguda Hyderabad 500 032 India Tel:- +91 40 6716 2222 Fax:- +91 40 2343 1551 E-mail: einward.ris@karvy.com Investor grievance e-mail: foil.ipo@karvy.com Website: https://karisma.karvy.com Contact Person: M Murali Krishna SEBI registration no.: INR000000221

Lead Managers of Fine Organic Industries Limited IPO

JM Financial Limited 7th Floor, Cnergy Appasaheb Marathe Marg Prabhadevi Mumbai 400 025 India Tel:- +91 22 6630 3030 Fax:- +91 22 6630 3330 E-mail:- foil.ipo@jmfl.com Investor grievance e-mail:- grievance.ibd@jmfl.com Website: www.jmfl.com Contact person:- Prachee Dhuri SEBI registration number:- INM000010361 Edelweiss Financial Services Limited 14th Floor, Edelweiss House Off. C.S.T. Road Kalina Mumbai 400 098 India Tel:-  +91 22 4009 4400 Fax:- +91 22 4086 3610 E-mail:- foil.ipo@edelweissfin.com Investor grievance e-mail:- customerservice.mb@edelweissfin.com Website:- www.edelweissfin.com Contact person:- Mohit Kapoor SEBI registration number:- INM0000010650