Connect with us

Naturo Indiabull IPO

Naturo Indiabull IPO incorporated in 2016, Naturo Indiabull is in the business of the Fast-Moving Consumer Goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents.

It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits. Currently, it is diversifying its product portfolio to health and herbal products i.e., soaps, shampoos, medicines, juices, tablets, etc.

Competitive strengths

  • A broad range of products helps to cater to a diversified customer base. 
  • Long-term relationship with customers.
  • Qualified and experienced management.
  • Strong relationship with suppliers.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20951.17802.7678.877.0472.04
31-Mar-211312.04700.7274.57697.29671.31
31-Mar-221343.941144.63109.221241.51585.71
Amount in ₹ Lakhs

Objects of the Issue

The company aims to raise funds for the following purposes;/p>

  • To meet the working capital requirements.
  • General corporate purposes.
  • To meet the issue expenses.

IPO Details

Naturo Indiabull IPO DateAug 22, 2022 to Aug 24, 2022
Naturo Indiabull IPO Face Value₹10 per share
Naturo Indiabull IPO Price₹30 per share
Naturo Indiabull IPO Lot Size4000 Shares
Issue Size3,640,000 shares of ₹10
(aggregating up to ₹10.92 Cr)
Fresh Issue3,640,000 shares of ₹10
(aggregating up to ₹10.92 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer
Company PromotersMs. Jyoti Choudhary and Mr. Gaurav Jain are the company promoters.

IPO Timeline

IPO opens on Aug 22, 2022, and closes on Aug 24, 2022. IPO bid date is from Aug 22, 2022 10.00 A.M. to Aug 24, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

EventDate
Naturo Indiabull IPO Opening DateAug 22, 2022
Naturo Indiabull IPO Closing DateAug 24, 2022
Basis of AllotmentAug 29, 2022
Initiation of RefundsAug 30, 2022
Credit of Shares to DematSep 1, 2022
Naturo Indiabull IPO Listing DateSep 2, 2022

IPO Lot Size

The IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).

ApplicationLotsSharesAmount
Minimum14000₹120,000
Maximum14000₹120,000

IPO Promoter Holding

Pre Issue Share Holding42.17%
Post Issue Share Holding27.12%

IPO Prospectus

Company Contact Information

Naturo Indiabull Limited
1st Floor, 51, Lohiya Colony, 2
200 Ft. Bye-Pass, Vaishali Nagar,
Jaipur – 302021
Phone: +91 99282 34076
Email: [email protected]
Websitehttp://www.naturoindiabull.com/

IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]
Websitehttps://linkintime.co.in/

IPO Lead Manager(s)

  1. Finshore Management Services Limited