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Mainline IPO

Prudent Corporate Advisory Services Limited IPO

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Prudent Corporate Advisory Services Limited IPO

Prudent Corporate Advisory Services Limited (IPO) Incorporated in 2003, They provides retail wealth management services. The company offers Mutual Fund products, Life and General Insurance solutions, Stock Broking services, SIP with Insurance, Gold Accumulation Plan, Asset Allocation, and Trading platforms.

The company offers digital wealth management (DWM) solutions through platforms, namely, FundzBazar, PrudentConnect, Policyworld, WiseBasket and CreditBasket.

Prudent Corporate Advisory Services provides investment and financial services platforms for the distribution of financial products through online and offline channels. Prudent Corporate Advisory Services is amongst the top 10 mutual fund distributors in terms of average assets under management AUM as of FY21.

As of December 31, 2021, Prudent Corporate Advisory Services provided wealth management services to 13,51,274 unique retail investors through 23,262 channel partners on the business-to-business-to-consumer (B2B2C) network, which is spread across 110 branches in 20 Indian states. The company is also associated as a distributor with 42 AMCs.

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Prudent Corporate Advisory Services Limited is one of India’s leading independent and fastest-growing financial services groupsThe company has built a nationwide network, servicing 16,356 PIN codes. Prudent Corporate Advisory Services has 1,067 employees strength, 35.05 lakhs live folios and 15.25 lakhs live SIPs as of December 31, 2021.

Competitive Strengths:

  • The company operate in an underpenetrated Indian asset management industry, that has grown at a CAGR of more than 20%.
  • Growing independent financial products distribution platforms.
  • The company have a granular retail AUM with a mix skewed towards high-yield equity AUM.
  • The value proposition has led to increased participation and a long-standing relationship with MFDs.
  • The company have a track record of innovation and use of technology to improve investor and partner experience.
  • Pan-India diversified distribution network with the ability to expand into underpenetrated B-30 markets.

Prudent Corporate Advisory Services Limited IPO Timeline

IPO opens on May 10, 2022, and closes on May 12, 2022. The Prudent Corporate Advisory Services IPO bid date is from May 10, 2022 10.00 A.M. to May 12, 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
Prudent Corporate Advisory Services IPO Opening DateMay 10, 2022
Prudent Corporate Advisory Services IPO Closing DateMay 12, 2022
Basis of AllotmentMay 18, 2022
Initiation of RefundsMay 19, 2022
Credit of Shares to DematMay 20, 2022
Prudent Corporate Advisory Services IPO Listing DateMay 23, 2022

Read Full Prudent Corporate Advisory Services Limited IPO Details Here

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Mainline IPO

Adani Enterprises FPO

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Adani-Enterprises-FPO

Adani Enterprises FPO | Incorporated in 1988, Adani Enterprises Limited is part of the Adani Group. They are among India’s top business houses having an integrated energy and infrastructure platform in India The Group is an Indian Multinational company engaged in multiple business ventures.

With a long track record of successful execution of various large-scale projects, the company has emerged as a leader in different segments.

Over the decades of its operations, the Group has established unicorns like Adani Power, Adani Ports & SEZ, Adani Transmission, Adani Green Energy, and Adani Total Gas. The endeavors of the companies are highly driven toward making India a self-reliant country.

The businesses of Adani Group include-

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  1. Mining Services
  2. Edible Oil & Foods
  3. Water
  4. Data Center
  5. Integrated Resource Management
  6. Agro
  7. Solar Manufacturing
  8. Defence & Aerospace
  9. Airports
  10. Roads, Metro & Rail

The company not only emphasizes its efforts on offering the best quality products and services but also ensures to contribute towards a sustainable environment and offering back to society. The Adani Group had a market capitalization of ₹18,402 billion (approximately US$222 billion) as of December 31, 2022.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-204689.844408.621041820.991260.49
31-Mar-2151642.8640290.931045.76189116051.42
30-Sep-218232.472632.7746.012317.633218.96
31-Mar-22101760.1970432.69787.72692.8441023.77
30-Sep-2212309.137950.7990.13617.644002.35
Amount in ₹ Crore

Objects of the Issue

The Company proposes to utilize the Net Proceeds towards funding of the following objects:

  1. Funding capital expenditure requirements of some of the Subsidiaries in relation to (a) certain projects of the green hydrogen ecosystem; improvement works of certain existing airport facilities; and construction of greenfield expressway;
  2. Repayment, in full or part, of certain borrowings of our Company and three of our Subsidiaries, namely, Adani Airport Holding Limited, Adani Road Transport Limited, and Mundra Solar Limited; and
  3. General corporate purposes.

Adani Enterprises FPO Details

IPO DateJan 27, 2023 to Jan 31, 2023
Face Value₹1 per share
Price₹3112 to ₹3276 per share
Lot Size4 Shares
Issue SizeAggregating up to ₹20,000.00 Cr
Fresh IssueAggregating up to ₹20,000.00 Cr
Retail DiscountRs. 64 per share
Issue TypeBook Built Issue FPO
Listing AtBSE, NSE
QIB Shares Offered50% of the net offer
NII (HNI) Shares Offered15% of the Net Offer
Retail Shares Offered35% of the Net Offer
Company PromotersGautam S. Adani and Rajesh S. Adani are the promoters of the company.

Adani Enterprises FPO Tentative Timetable

Adani Enterprises FPO opens on Jan 27, 2023, and closes on Jan 31, 2023. The Adani Enterprises FPO bid date is from Jan 27, 2023 10.00 A.M. to Jan 31, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateJan 27, 2023
Closing DateJan 31, 2023
Basis of AllotmentFeb 3, 2023
Initiation of RefundsFeb 6, 2023
Credit of Shares to DematFeb 7, 2023
Listing DateFeb 8, 2023

Adani Enterprises FPO Lot Size

The Adani Enterprises FPO lot size is 4 shares. A retail-individual investor can apply for up to 15 lots (60 shares or ₹196,560).

ApplicationLotsSharesAmount
Retail (Min)14₹13,104
Retail (Max)1560₹196,560
S-HNI (Min)1664₹209,664
B-HNI (Min)77308₹1,009,008

Adani Enterprises FPO Promoter Holding

Pre Issue Share Holding72.63%
Post Issue Share Holding

Adani Enterprises FPO Prospectus

Company Contact Information

Adani Enterprises Limited
Shantigram, Near Vaishnodevi Circle,
S G Highway,
Ahmedabad-382421
Phone: +91-79-26565555
Email: [email protected]
Websitehttps://www.adanienterprises.com/

Adani Enterprises FPO Registrar

Link Intime India Private Ltd

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

Adani Enterprises FPO Lead Manager(s)

  1. ICICI Securities Limited
  2. Jefferies India Private Limited 
  3. SBI Capital Markets Limited 
  4. Axis Capital Limited 
  5. BOB Capital Markets Limited 
  6. IDBI Capital Market Services Limited 
  7. JM Financial Limited
  8. IIFL Securities Ltd 
  9. Monarch Networth Capital Ltd 
  10. Elara Capital (India) Private
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Mainline IPO

Sah Polymers IPO

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Sah Polymers IPO Review

Incorporated in 1992, Sah Polymers Limited is primarily engaged in manufacturing and selling of Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/PP woven fabrics and woven polymer.

The company offer customised bulk packaging solutions to business-to-business (” B2B”) manufacturers catering to different industries such as Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry, Textile Industry Ceramic Industry and Steel Industry.

Sah Polymers Limited have two business divisions (i) domestic sales; and (ii) exports. The company has a presence in 6 states and 1 union territory for the domestic market and 6 regions internationally in 6 regions such as Africa, the Middle East, Europe, the USA, Australia and the Caribbean.

As of March 31, 2022, the company is supported by 97 committed staff based on the payroll. The company has one manufacturing facility with an installed production capacity of 3960 m.t. p.a. located at Udaipur, Rajasthan.

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Competitive Strength:

  • Product portfolio
  • Customer base across geographies and industries
  • Management Team

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-2035.9349.910.318.8110.37
31-Mar-2140.5855.341.2720.0913.79
31-Mar-2268.6781.234.3826.6530.54
30-Jun-2275.3527.591.2527.7433.15
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilize the Net Proceeds towards funding of the following objects:

1. Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC).

2. Repayment/ Prepayment of certain secured and unsecured borrowings in full or part availed by the Company and the Subsidiary Company.

3. Funding the working capital requirements of the Company.

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4. General corporate purposes.

Sah Polymers IPO Details

IPO DateDec 30, 2022 to Jan 4, 2023
Face Value₹10 per share
Price₹61 to ₹65 per share
Lot Size230 Shares
Issue Size10,200,000 shares of ₹10
(aggregating up to ₹66.30 Cr)
Fresh Issue10,200,000 shares of ₹10
(aggregating up to ₹66.30 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot less than 75% of the Issue
NII (HNI) Shares OfferedNot more than 15% of the Issue
Retail Shares OfferedNot more than 10% of the Issue
Company PromotersSat Industries Limited is the company promoter.

Sah Polymers IPO Tentative Timetable

Sah Polymers IPO opens on Dec 30, 2022, and closes on Jan 4, 2023. The Sah Polymers IPO bid date is from Dec 30, 2022 10.00 A.M. to Jan 4, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateDec 30, 2022
Closing DateJan 4, 2023
Basis of AllotmentJan 9, 2023
Initiation of RefundsJan 10, 2023
Credit of Shares to DematJan 11, 2023
Listing DateJan 12, 2023

Sah Polymers IPO Lot Size

The Sah Polymers IPO lot size is 230 shares. A retail-individual investor can apply for up to 13 lots (2990 shares or ₹194,350).

ApplicationLotsSharesAmount
Retail (Min)1230₹14,950
Retail (Max)132990₹194,350
S-HNI (Min)143,220₹209,300
B-HNI (Min)6715,410₹1,001,650

Sah Polymers IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding60.46%

Sah Polymers IPO Anchor Investors

Sah Polymers IPO Anchor investor bid ended on Dec 29, 2022. A total of 4,590,000 shares are offered to Anchor investors. Sah Polymers IPO Anchor Investor Lock-in Period is Feb 20, 2023 for 50% of equity shares and May 15, 2023 for the remaining portion.

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  • Anchor Investor Bid Date: Dec 29, 2022
  • Anchor Portion Size: Rs.29.84 crore (Shares offered * Upper Price)
  • Anchor lock-in period end date (50% Shares): Around Feb 20, 2023 (30 Days)
  • Anchor lock-in period end date (remaining shares): Around May 15, 2023 (90 Days)
  • Sah Polymers IPO Anchor Investors list

Sah Polymers IPO Prospectus

Company Contact Information

Sah Polymers Limited
E-260-261
Mewar Industrial Area
Madri Udaipur Rajasthan 313003
Phone: +91 294 2493889
Email: [email protected]
Websitehttps://sahpolymers.com/

Sah Polymers IPO Registrar

Link Intime India Private Ltd

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

Sah Polymers IPO Lead Manager(s)

  1. Pantomath Capital Advisors Pvt Ltd 
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Mainline IPO

Radiant Cash Management IPO

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Radiant Cash Management IPO Review
Radiant Cash Management IPO

Radiant Cash Management IPO | Incorporated in 2005, is the market leader in retail cash management services for banks, financial institutions, and organized retail and e-commerce companies in India. The company offers a range of services under this segment consisting of collection and delivery of cash on behalf of our clients from the end user.

The company’s management is supported by a qualified and motivated pool of about 2,012 employees (as of July 31, 2022).

The main objects of the Company are:

  • Carry on the business of providing to Banks, Individuals, Commercial and Government Establishments, Cash/Cheques/DDs Pickup and Delivery Services, Cash Processing such as sorting for good and soiled currencies, notes, coins of various denominations, Overnight vaulting services for bulk cash and ATM cards, Cassettes & important documents, ATM Services, Handling of PIN mailers/drafts/cheque book delivery, Providing strong rooms installed as per RBI guidelines.
  • Keep on the business of management of electronic online and mobile financial and cash transactions and product management and development of intellectual property in the area of cash management.
  • Go on any business regarding cash management under Business Process Outsourcing.

The company is one of the largest players in the RCM segment in terms of network locations or touch points served as of March 31, 2022.

Radiant Cash Management Services provide services across 13,044 pin codes in India covering all districts (other than Lakshadweep) with about 55,513 touchpoints serving more than 5,388 locations as of July 31, 2022.

The company’s key clients are Axis Bank Limited, Citibank, Deutsche Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Kotak Mahindra Bank, Standard Chartered Bank, State Bank of India, The Hongkong and Shanghai Banking Corporation Limited and Yes Bank Limited.

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Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-19141.44223.1325.02105.7217.73
31-Mar-20157.62251.7836.5119.5721.13
31-Mar-21162.14224.1632.43127.111.05
31-Mar-22190.57286.9738.21139.7626.75
30-Jun-22203.9584.3815.32155.1925.54
Amount in ₹ Crore

Objects of the Issue

The net proceeds of the Fresh Issue:

1. Funding working capital requirements.

2. Funding of capital expenditure requirements for the purchase of specially fabricated armoured vans.

3. General corporate purposes.

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Radiant Cash Management IPO Details

IPO DateDec 23, 2022 to Dec 27, 2022
Face Value₹1 per share
Price₹94 to ₹99 per share
Lot Size150 Shares
Issue Size39,185,606 shares of ₹1
(aggregating up to ₹387.94 Cr)
Fresh Issue6,060,606 shares of ₹1
(aggregating up to ₹60.00 Cr)
Offer for Sale33,125,000 shares of ₹1
(aggregating up to ₹327.94 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the Offer or the Offer
Retail Shares OfferedNot less than 35% of the Offer
Company PromotersCol. David Devasahayam and Dr Renuka David are the company promoters.

Radiant Cash Management IPO Tentative Timetable

Radiant Cash Management IPO opens on Dec 23, 2022, and closes on Dec 27, 2022. The Radiant Cash Management IPO bid date is from Dec 23, 2022 10.00 A.M. to Dec 27, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateDec 23, 2022
Closing DateDec 27, 2022
Basis of AllotmentDec 30, 2022
Initiation of RefundsJan 2, 2023
Credit of Shares to DematJan 3, 2023
Listing DateJan 4, 2023

Radiant Cash Management IPO Lot Size

The Radiant Cash Management IPO lot size is 150 shares. A retail-individual investor can apply for up to 13 lots (1950 shares or ₹193,050).

ApplicationLotsSharesAmount
Retail (Min)1150₹14,850
Retail (Max)131950₹193,050
S-HNI (Min)142,100₹207,900
B-HNI (Min)6810,200₹1,009,800

Radiant Cash Management IPO Promoter Holding

Pre Issue Share Holding66.39%
Post Issue Share Holding

Radiant Cash Management IPO Anchor Investors

Radiant Cash Management IPO Anchor investor bid ended on Dec 27, 2022. A total of 39,185,606 shares are offered to Anchor investors.Radiant Cash Management IPO Anchor Investor Lock-in Period is Dec 22, 2022 for 50% of equity shares and May 5, 2023 for the remaining portion.

  • Anchor Investor Bid Date: Dec 22, 2022
  • Anchor Portion Size: Rs.387.94 crore (Shares offered * Upper Price)
  • Anchor lock-in period end date (50% Shares): Around Feb 10, 2023 (30 Days)
  • Anchor lock-in period end date (remaining shares): Around May 5, 2023 (90 Days)

Radiant Cash Management IPO Prospectus

Company Contact Information

Radiant Cash Management Services Limited
28, Vijayaraghava Road,
T. Nagar, Chennai 600 017,
Tamil Nadu, India
Phone: +91 044 4904 4904
Email: [email protected]
Websitehttps://radiantcashservices.com/

Radiant Cash Management IPO Registrar

Link Intime India Private Ltd

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

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Radiant Cash Management IPO Review

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Radiant Cash Management IPO Lead Manager(s)

  1. IIFL Securities Ltd 
  2. Motilal Oswal Investment Advisors Pvt Ltd 
  3. YES Bank Limited 
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Mainline IPO

Elin Electronics IPO

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Elin Electronics IPO Review

Elin Electronics (IPO) incorporated in 1969, is a leading electronics manufacturing services (“EMS”) provider. The company is a manufacturer of end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and is one of the largest fractional horsepower motors manufacturers in India.

Elin Electronics Limited manufactures and assembles a wide array of products and provides end-to-end product solutions. The company serve under both original equipment manufacturer (“OEM”) and original design manufacturer (“ODM”) business models.

The company’s diversified product portfolio in EMS includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets, (ii) small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener; (iii) fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and (iv) other miscellaneous products.

The company has three manufacturing facilities which are strategically located in Ghaziabad (Uttar Pradesh), Baddi (Himachal Pradesh) and Verna (Goa).

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The company also has a centralized R&D centre in Ghaziabad (Uttar Pradesh), focusing on the research and development of all aspects of OEM and ODM models including concept sketching, design refinement, generating optional features and testing.

In Fiscals 2020, 2021 and 2022 and the seven-month period ended October 31, 2022, the company catered to 327, 387, 342 and 297 customers, respectively.

The company’s revenue from operations in Fiscals 2020, 2021 and 2022 and the six-month period ended September 30, 2022, was Rs 7,855.84 million, Rs 8,623.78 million, Rs 10,937.54 million and Rs 6,044.57 million.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxTotal Borrowing
31-Mar-19397.73829.7429.0786.64
31-Mar-20387.63786.3727.4969.89
31-Mar-21508.31864.934.86113.77
31-Mar-22532.611094.6739.15102.33
30-Sep-22589.24604.7420.67102.77
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:

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1. Repayment/ prepayment, in full or part, of certain borrowings availed by the Company.

2. Funding capital expenditure towards upgrading and expanding our existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa.

3. General corporate purposes

Elin Electronics IPO Details

IPO DateDec 20, 2022 to Dec 22, 2022
Face Value₹5 per share
Price₹234 to ₹247 per share
Lot Size60 Shares
Issue SizeAggregating up to ₹475.00 Cr
Fresh IssueAggregating up to ₹175.00 Cr
Offer for SaleAggregating up to ₹300.00 Cr
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares Offered50% of the Offer
NII (HNI) Shares Offered15% of the Offer
Retail Shares Offered35% of the Offer
Company PromotersMangi Lall Sethia, Kamal Sethia, Kishore Sethia, Gaurav Sethia, Sanjeev Sethia, Sumit Sethia, Suman Sethia, Vasudha Sethia and Vinay Kumar Sethia are the company promoters.

Elin Electronics IPO Tentative Timetable

Elin Electronics IPO opens on Dec 20, 2022, and closes on Dec 22, 2022. The Elin Electronics IPO bid date is from Dec 20, 2022 10.00 A.M. to Dec 22, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

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EventTentative Date
Opening DateDec 20, 2022
Closing DateDec 22, 2022
Basis of AllotmentDec 27, 2022
Initiation of RefundsDec 28, 2022
Credit of Shares to DematDec 29, 2022
Listing DateDec 30, 2022

Elin Electronics IPO Lot Size

The Elin Electronics IPO lot size is 60 shares. A retail-individual investor can apply for up to 13 lots (780 shares or ₹192,660).

ApplicationLotsSharesAmount
Retail (Min)160₹14,820
Retail (Max)13780₹192,660
S-HNI (Min)14840₹207,480
B-HNI (Min)684,080₹1,007,760

Elin Electronics IPO Promoter Holding

Pre Issue Share Holding53.98%
Post Issue Share Holding

Elin Electronics IPO Prospectus

Company Contact Information

Elin Electronics Limited
143, Cotton Street,
Kolkata – 700 007,
West Bengal, India
Phone: +91 011 43000400
Email: [email protected]
Websitehttps://www.elinindia.com/

Elin Electronics IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: [email protected]
Websitehttps://karisma.kfintech.com/

Elin Electronics IPO Review

The company has been able to increase both its revenue and its profits thanks to its strong relationships with its most prominent clients. The issue is fully valued at this time, but in comparison to its publicly… Read Full IPO Review Here

Elin Electronics IPO Lead Manager(s)

  1. Axis Capital Limited 
  2. JM Financial Limited 
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Mainline IPO

KFin Technologies IPO

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KFin Technologies IPO Review

KFin Technologies IPO | Company was incorporated in 2017, is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.

The Company is India’s largest investor solutions provider to Indian mutual funds, based on several AMC clients serviced. The company is also servicing 301 funds of 192 asset managers in India as on September 30, 2022.

As on September 30, 2022, KFin Technologies Limited is the only investor and issuer solutions provider in India that offers services to asset managers such as mutual funds, alternative investment funds (“AIFs”), wealth managers and pension as well as corporate issuers in India.

They are one of the two operating central record-keeping agencies (“CRAs”) for the National Pension System (” NPS”) in India as on September 30, 2022.

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KFin Technologies Limited is India’s largest issuer solutions provider based on several clients serviced, as of September 30, 2022.

The company has classified its products and services in the following manner:

1. Investor solutions -(Account Setup, Transaction Origination, Redemption, Brokerage Calculations, Compliance / Regulatory Reporting Recordkeeping).

Domestic mutual funds, International, Pension services, Alternatives and wealth management.

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2. Issuer solutions (Folio Creation and Maintenance, Transaction Processing for IPO, FPO, etc. Corporate Action Processing, Compliance / Regulatory Reporting Recordkeeping MIS, Virtual Voting e-AGM, e-Vault).

3. Global business Domestic mutual services (Mortgage Services Legal Services Transfer Agency Finance and Accounting).

The company’s revenue from operations for Fiscal 2022 and the six months ended September 30, 2022, was Rs 6,395.07 million and Rs 3,487.68 million, respectively.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-191021.78164.768.96519.28406.01
31-Mar-20868.38455.264.52409.58375.44
31-Mar-21922.61486.2-64.51346.4346.13
30-Sep-21973.26293.4367.8269.95321.44
31-Mar-221026.41645.56148.55644.34122.51
30-Sep-221114.81353.7685.34736.72126.24
Amount in ₹ Crore

Objects of the Issue

The company will not receive any proceeds from the Offer and all such proceeds will go to the Promoter Selling Shareholder.

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KFin Technologies IPO Details

IPO DateDec 19, 2022 to Dec 21, 2022
Face Value₹10 per share
Price₹347 to ₹366 per share
Lot Size40 Shares
Issue Size40,983,607 shares of ₹10
(aggregating up to ₹1,500.00 Cr)
Offer for Sale40,983,607 shares of ₹10
(aggregating up to ₹1,500.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot less than 75% of the Offer
NII (HNI) Shares OfferedNot more than 15% of the Offer
Retail Shares OfferedNot more than 10% of the Offer
Company PromotersGeneral Atlantic Singapore Fund Pte. Ltd. is the company promoter.

KFin Technologies IPO Tentative Timetable

KFin Technologies IPO opens on Dec 19, 2022, and closes on Dec 21, 2022. The KFin Technologies IPO bid date is from Dec 19, 2022 10.00 A.M. to Dec 21, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateDec 19, 2022
Closing DateDec 21, 2022
Basis of AllotmentDec 26, 2022
Initiation of RefundsDec 27, 2022
Credit of Shares to DematDec 28, 2022
Listing DateDec 29, 2022

KFin Technologies IPO Lot Size

The KFin Technologies IPO lot size is 40 shares. A retail-individual investor can apply for up to 13 lots (520 shares or ₹190,320).

ApplicationLotsSharesAmount
Retail (Min)140₹14,640
Retail (Max)13520₹190,320
S-HNI (Min)14560₹204,960
B-HNI (Min)692,760₹1,010,160

KFin Technologies IPO Promoter Holding

Pre Issue Share Holding74.37%
Post Issue Share Holding71.74%

Anchor Investors

KFin Technologies IPO Anchor investor bid ended on Dec 21, 2022. A total of 40,983,607 shares are offered to Anchor investors.KFin Technologies IPO Anchor Investor Lock-in Period is Dec 16, 2022 for 50% of equity shares and May 1, 2023 for the remaining portion.

  • Anchor Investor Bid Date: Dec 16, 2022
  • Anchor Portion Size: Rs.1,500.00 crore (Shares offered * Upper Price)
  • Anchor lock-in period end date (50% Shares): Around Feb 6, 2023 (30 Days)
  • Anchor lock-in period end date (remaining shares): Around May 1, 2023 (90 Days)

KFin Technologies IPO Prospectus

Company Contact Information

KFin Technologies Limited
Selenium, Tower B, Plot No- 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Hyderabad, Rangareddi – 500032, Telangana
Phone: +91 40 7961 5565
Email: [email protected]
Websitehttp://www.kfintech.com/

KFin Technologies IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

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KFin Technologies IPO Review

If you’re looking for a top-tier provider of technology solutions for the financial sector, go no fur… Read Full IPO Review Here

KFin Technologies IPO Lead Manager(s)

  1. ICICI Securities Limited
  2. Kotak Mahindra Capital Company Limited 
  3. J.P. Morgan India Private Limited
  4. IIFL Securities Ltd 
  5. Jefferies India Private Limited 
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Mainline IPO

Landmark Cars IPO

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Landmark Cars IPO Review

Landmark Cars Limited (IPO) incorporated in 1998, is the leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. The company also cater to the commercial vehicle retail business of Ashok Leyland in India.

Landmark Cars offers services such as sales of new vehicles, after-sales service and repairs (including sales of spare parts, lubricants and accessories), sales of pre-owned passenger vehicles and facilitation of the sales of third-party finance and insurance products.

The company has expanded the network to include 112 outlets in 8 Indian states, comprised of 61 sales showrooms and outlets and 51 after-sales services and spare outlets, as of September 30, 2021.

Landmark Cars Limited vehicle dealership network is spread across 31 cities in eight states and union territories including Maharashtra, Uttar Pradesh, Gujarat, Haryana, Madhya Pradesh, Punjab, West Bengal and the National Capital Territory of Delhi.

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The company operate as an authorized service centre for Mercedes-Benz, Honda, Volkswagen, Jeep, Renault and Ashok Leyland. Landmark Cars also provide after-sales service and repairs through 51 after-sales services and spare outlets, as of September 30, 2021.

The company’s business model captures the entire customer value chain including retailing new vehicles, servicing and repairing vehicles, selling spare parts, lubricants and other products, selling pre-owned passenger vehicles and distribution of third-party finance and insurance products.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-191008.032834.62-24.43187.96478.78
31-Mar-20831.772228.93-28.94169.12357.91
31-Mar-21887.91966.3411.15181.78327.44
31-Mar-221085.382989.1266.18246.94308.49
30-Jun-221209.37801.918.14268.27464.36
Amount in ₹ Crore

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

1. Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company and Subsidiaries.

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2. General corporate purposes.

Landmark Cars IPO Details

IPO DateDec 13, 2022 to Dec 15, 2022
Face Value₹5 per share
Price₹481 to ₹506 per share
Lot Size29 Shares
Issue Size10,909,091 shares of ₹5
(aggregating up to ₹552.00 Cr)
Fresh Issue2,964,427 shares of ₹5
(aggregating up to ₹150.00 Cr)
Offer for Sale7,944,664 shares of ₹5
(aggregating up to ₹402.00 Cr)
Employee Discount48
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
Company PromotersSanjay Karsandas Thakker is the company promoter.

Landmark Cars IPO Tentative Timetable

Landmark Cars IPO opens on Dec 13, 2022, and closes on Dec 15, 2022. The Landmark Cars IPO bid date is from Dec 13, 2022 10.00 A.M. to Dec 15, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateDec 13, 2022
Closing DateDec 15, 2022
Basis of AllotmentDec 20, 2022
Initiation of RefundsDec 21, 2022
Credit of Shares to DematDec 22, 2022
Listing DateDec 23, 2022

Landmark Cars IPO Lot Size

The Landmark Cars IPO lot size is 29 shares. A retail-individual investor can apply for up to 13 lots (377 shares or ₹190,762).

ApplicationLotsSharesAmount
Retail (Min)129₹14,674
Retail (Max)13377₹190,762
S-HNI (Min)14406₹205,436
B-HNI (Min)692,001₹1,012,506

Landmark Cars IPO Promoter Holding

Pre Issue Share Holding60.24%
Post Issue Share Holding44.61%

Landmark Cars IPO Prospectus

Company Contact Information

Landmark Cars Limited
Landmark House, Opp. AEC, S.G. Highway,
Thaltej, Near Gurudwara,
Ahmedabad 380 059,
Phone: +91 79 6618 5555
Email: [email protected]
Websitehttps://www.grouplandmark.in/

Landmark Cars IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Websitehttps://linkintime.co.in/

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Landmark Cars IPO Review

The company is the leader in selling high-end cars and … Read Full IPO Details Here

Lead Manager(s)

  1. Axis Capital Limited 
  2. ICICI Securities Limited
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Mainline IPO

Sula Vineyards IPO

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Sula Vineyards IPO Review

Sula Vineyards Limited (IPO) incorporated in 2003, is the India’s largest wine producer and seller as of March 31, 2022. The company also distribute wines under a bouquet of popular brands including “RASA,” “Dindori”, “The source,” “Satori”, “Madera” & “Dia” with its flagship brand “Sula” being the “category creator” of wine in India.

The company’s business is broadly classified under two categories (i) the production of wine, the import of wines and spirits, and the distribution of wines and spirits (the “Wine Business”); and (ii) the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms (the “Wine Tourism Business“)

Currently, the company produces 56 different labels of wine at four owned and two leased production facilities located in the Indian states of Maharashtra and Karnataka.

The company have managed to build the largest distribution network among wine companies in India, with close to 13,000 retail touchpoints across the country in 2021.

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The company also have a strong direct-to-consumer (“D2C”) selling channel primarily through the Wine Tourism Business facilities in Nashik and Bengaluru. Sula Vineyards Limited had entered into long-term supply arrangements (of up to 12 years) with grape growers for approximately 2,290 acres as of September 30, 2022.

The company’s distribution platform included over 50 distributors, 11 corporations, 14 licensed resellers, 7 company depots, and 3 defence units as of September 30, 2022. The company also has over 23,000 points of sale (including over 13,500 retail touchpoints and over 9,000 hotels, restaurants and caterers) as of March 31, 2022.

As of September 30, 2022, the company had a sales force of 141 permanent employees.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-20831.04523.21-15.94299.95368.24
31-Mar-21751.6421.533.01304.74301.26
30-Sep-21717.55160.464.53344.32262.45
31-Mar-22758.56456.752.14395.26228.93
30-Sep-22770.95225.7630.51449.18214.64
Amount in ₹ Crore

Objects of the Issue

The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.

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Sula Vineyards IPO Details

IPO DateDec 12, 2022 to Dec 14, 2022
Face Value₹2 per share
Price₹340 to ₹357 per share
Lot Size42 Shares
Issue Size26,900,530 shares of ₹2
(aggregating up to ₹960.35 Cr)
Offer for Sale26,900,530 shares of ₹2
(aggregating up to ₹960.35 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the Offer
Retail Shares OfferedNot less than 35% of the Offer
Company PromotersRajeev Samant is the company promoter.

Sula Vineyards IPO Tentative Timetable

Sula Vineyards IPO opens on Dec 12, 2022, and closes on Dec 14, 2022. The Sula Vineyards IPO bid date is from Dec 12, 2022 10.00 A.M. to Dec 14, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateDec 12, 2022
Closing DateDec 14, 2022
Basis of AllotmentDec 19, 2022
Initiation of RefundsDec 20, 2022
Credit of Shares to DematDec 21, 2022
Listing DateDec 22, 2022

Sula Vineyards IPO Lot Size

The Sula Vineyards IPO lot size is 42 shares. A retail-individual investor can apply for up to 13 lots (546 shares or ₹194,922).

ApplicationLotsSharesAmount
Retail (Min)142₹14,994
Retail (Max)13546₹194,922
S-HNI (Min)14588₹209,916
B-HNI (Min)672,814₹1,004,598

Sula Vineyards IPO Promoter Holding

Pre Issue Share Holding28.44%
Post Issue Share Holding23.21%

Sula Vineyards IPO Prospectus

Company Contact Information

Sula Vineyards Limited
901, Hubtown Solaris,
N.S. Phadke Marg,
Andheri (East), Mumbai 400 069 Maharashtra
Phone: +91 22 6128 0606
Email: [email protected]
Websitehttps://www.sulavineyards.com/

Sula Vineyards IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: [email protected]
Websitehttps://karisma.kfintech.com/

Sula Vineyards IPO Review

With a market share of over 52%, the company is the leader in… Read Full IPO Review Here

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IPO Lead Manager(s)

  1. Kotak Mahindra Capital Company Limited 
  2. CLSA India Private Limited 
  3. IIFL Securities Ltd
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Mainline IPO

Abans Holdings IPO

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Abans Holdings IPO Review

Abans Holdings Limited (IPO) incorporated in 2009, is engaged in Financial Services, Gold Refining, Jewellery, Commodities Trading, Agricultural Trading and Warehousing, Software Development and Real Estate. The company represents the financial services arm of the Abans Group.

Abans Holdings Limited provides NBFC services, global institutional trading in equities, commodities and foreign exchange, private client stock broking, depositary services, asset management services, investment advisory services and wealth management services to corporates, institutional and high net worth clients.

The company’s business is divided into:

Finance Business: The company operates an RBI Registered NBFC (Non-Deposit taking).

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Agency Business: The company is SEBI registered Stock and Commodity Exchange Brokers with memberships across all the major stock exchanges in India, including BSE, NSE, MSEI, MCX, NCDEX and ICEX.

Capital and other Business: The Capital Business includes the internal treasury operations which manage the excess capital funds.

The company is primarily a holding company and we operate all our businesses through our seventeen (17) subsidiaries (including three (3) direct subsidiaries and fourteen (14) indirect/step-down subsidiaries). The company has active businesses in six (6) countries across the Eastern Continents, including Hongkong, the UK, UAE, China, Mauritius and India.

On a consolidated basis the company has employed 100 employees as of August 31, 2022.

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Competitive Strengths:

  • An integrated financial services platform.
  • Strong human capital and organizational culture.
  • Global exposure providing innovative financial products.
  • Strong relationships with clients and market participants.
  • Standardized operating procedures and efficient use of technology.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-201212.982771.8839.22499.55318.79
31-Mar-211181.511331.3745.8561.95267.39
31-Mar-221168.69646.2361.97631.1185.9
31-Aug-221230.72288.3129.74678.1776.92
Amount in ₹ Crore

Objects of the Issue

The Objects of the Net Fresh Issue is to raise funds for :

a) Further Investment in the NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements.

b) General Corporate Purpose.

Abans Holdings IPO Details

IPO DateDec 12, 2022 to Dec 15, 2022
Face Value₹2 per share
Price₹256 to ₹270 per share
Lot Size55 Shares
Issue Size12,800,000 shares of ₹2
(aggregating up to ₹345.60 Cr)
Fresh Issue3,800,000 shares of ₹2
(aggregating up to ₹102.60 Cr)
Offer for Sale9,000,000 shares of ₹2
(aggregating up to ₹243.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 10% of the Offer
NII (HNI) Shares OfferedNot less than 30% of the Offer
Retail Shares OfferedNot less than 60% of the Offer
Company PromotersMr. Abhishek Bansal is the company promoter.

Abans Holdings IPO Tentative Timetable

Abans Holdings IPO opens on Dec 12, 2022, and closes on Dec 15, 2022. The Abans Holdings IPO bid date is from Dec 12, 2022 10.00 A.M. to Dec 15, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

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EventTentative Date
Opening DateDec 12, 2022
Closing DateDec 15, 2022
Basis of AllotmentDec 20, 2022
Initiation of RefundsDec 21, 2022
Credit of Shares to DematDec 22, 2022
Listing DateDec 23, 2022

Abans Holdings IPO Lot Size

The Abans Holdings IPO lot size is 55 shares. A retail-individual investor can apply for up to 13 lots (715 shares or ₹193,050).

ApplicationLotsSharesAmount
Retail (Min)155₹14,850
Retail (Max)13715₹193,050
S-HNI (Min)14770₹207,900
B-HNI (Min)683,740₹1,009,800

Abans Holdings IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding83.25%

Abans Holdings IPO Prospectus

Company Contact Information

Abans Holdings Limited
36, 37, 38A
Floor 3, Nariman Bhavan, Backbay Reclamation,
Nariman Point, Mumbai – 400021
Phone: +91 – 22 – 6179 0000
Email: [email protected]
Websitehttps://abansholdings.com/

Abans Holdings IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]
Websitehttp://www.bigshareonline.com

Abans Holdings IPO Review

Based on how well it has done financially recently, the price of… Read Full IPO Review Here

IPO Lead Manager(s)

  1. Aryaman Financial Services limited
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Mainline IPO

Uniparts India IPO

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Uniparts India IPO Review

Incorpotated in 1994, Uniparts India Limited is a manufacturer of engineered systems and solutions. The company is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (“CFM”) and aftermarket sectors with the presence across over 25 countries.

The company’s product portfolio includes core product verticals of 3-point linkage systems (“3PL“) and precision machined parts (“PMP“) as well as adjacent product verticals of power take-off (“PTO”), fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles (“OHVs”) with a presence across the value chain

In India, the company have five manufacturing facilities, two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh.

Uniparts also have a manufacturing, warehousing and distribution facility at Eldridge, Iowa, acquired under the acquisition in 2005 of Olsen Engineering LLC, now known as Uniparts Olsen Inc. (“UOI”) and a warehousing and distribution facility at Augusta, Georgia.

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The company’s global business model is based on :

1. The sales in regions outside India (“International Sales“).

2. The sales from our dual shore manufacturing facilities in India and the United States, in their respective domestic markets (“Local Deliveries“).

3. Export sales from Indian locations directly to overseas customers (“Direct Exports“).

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4. Sales from the warehousing facilities in their respective domestic markets (“Warehouse Sales”).

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-19958.441062.4869.6421.98345.63
31-Mar-20898.75938.8462.64464.16256.5
31-Mar-21893.27947.6993.15560.14127.78
31-Mar-221031.181231.04166.89685.24127.27
30-Jun-221063.51347.7650.52713.93114.66
Amount in ₹ Crore

Objects of the Issue

The company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.

Uniparts India IPO Details

IPO DateNov 30, 2022 to Dec 2, 2022
Face Value₹10 per share
Price₹548 to ₹577 per share
Lot Size25 Shares
Issue Size14,481,942 shares of ₹10
(aggregating up to ₹835.61 Cr)
Offer for Sale14,481,942 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the Offer
Retail Shares OfferedNot less than 35% of the Offer
Company PromotersGurdeep Soni and Paramjit Singh Soni are the company promoters.

Uniparts India IPO Tentative Timetable

Uniparts India IPO opens on Nov 30, 2022, and closes on Dec 2, 2022. The Uniparts India IPO bid date is from Nov 30, 2022 10.00 A.M. to Dec 2, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateNov 30, 2022
Closing DateDec 2, 2022
Basis of AllotmentDec 7, 2022
Initiation of RefundsDec 8, 2022
Credit of Shares to DematDec 9, 2022
Listing DateDec 12, 2022

Uniparts India IPO Lot Size

The Uniparts India IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹187,525).

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ApplicationLotsSharesAmount
Retail (Min)125₹14,425
Retail (Max)13325₹187,525
S-HNI (Min)14350₹201,950
B-HNI (Min)701,750₹1,009,750

Uniparts India IPO Promoter Holding

Pre Issue Share Holding75.54%
Post Issue Share Holding65.79%

Uniparts India IPO Prospectus

Company Contact Information

Uniparts India Limited
Gripwel House, Block – 5,
Sector C6 &7, VasantKunj
NewDelhi 110070
Phone: + 91 120 458 1400
Email: [email protected]
Websitehttps://www.unipartsgroup.com/

Uniparts India IPO Registrar

Link Intime India Private Ltd

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

Uniparts India IPO Review

UIL is a niche player in the market segment in which it operates. Based on its most recent financial ….. Read Full IPO Review Here

Uniparts India IPO Lead Manager(s)

  1. Axis Bank Limited 
  2. DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd) 
  3. JM Financial Limited
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Mainline IPO

Dharmaj Crop Guard IPO

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Dharmaj Crop Guard IPO Review

Dharmaj Crop Guard Limited (IPO) incorporated in 2015, is an agrochemical company. The company is engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics to the B2C and B2B customers.

The company also provides crop protection solutions to the farmer to assist them to maximize productivity and profitability. Dharmaj Crop Guard Limited export products to more than 20 countries in Latin America, East African Countries, the Middle East and Far East Asia.

As of November 30, 2021, Dharmaj Crop Guard Limited had more than 196 institutional products that they sold to more than 600 customers based in India and the international markets. As of November 30, 2021, the company exported its products to more than 60 customers across 20 countries.

The company’s manufacturing facility is located in Ahmedabad, Gujarat, India. Dharmaj Crop Guard Limited also has a research and development (“R&D”) centre at the manufacturing facility.

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The company’s branded products are sold in 12 states through a network comprising over 3,700 dealers having access to 8 stock depots in India, as of November 30, 2021.

The revenue from operations for Fiscals 2019, 2020 and 2021 and seven months period ended on October 31, 2021, was Rs 1,393.56 million, Rs 1,982.22 million, Rs 3,024.10 million and Rs 2,272.62 million, respectively.

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-1947.66139.955.0210.4620.35
31-Mar-2092.58199.1610.7635.2220.18
31-Mar-21128.87303.5620.9656.1426.92
31-Mar-22219.54396.2928.6982.8236.93
31-Jul-22305.76221.1718.36101.1751.56
Amount in ₹ Crore

Objects of the Issue

The net proceeds of the Fresh Issue are proposed to be utilised in the following manner:

1. Funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat.

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2. Funding incremental working capital requirements of the Company.

3. Repayment and/or pre-payment, in full and/or part, of certain borrowings of the Company.

4. General corporate purposes.

Dharmaj Crop Guard IPO Details

IPO DateNov 28, 2022 to Nov 30, 2022
Face Value₹10 per share
Price₹216 to ₹237 per share
Lot Size60 Shares
Issue Size10,596,924 shares of ₹10
(aggregating up to ₹251.15 Cr)
Fresh Issue9,113,924 shares of ₹10
(aggregating up to ₹216.00 Cr)
Offer for Sale1,483,000 shares of ₹10
(aggregating up to ₹35.15 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Offer
Retail Shares OfferedNot less than 35% of the Net Offer
Company PromotersRameshbhai Ravajibhai Talavia, Jamankumar Hansarajbhai Talavia, Jagdishbhai Ravjibhai Savaliya and Vishal Domadia are the company promoters.

Dharmaj Crop Guard IPO Tentative Timetable

IPO opens on Nov 28, 2022, and closes on Nov 30, 2022. The Dharmaj Crop Guard IPO bid date is from Nov 28, 2022 10.00 A.M. to Nov 30, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

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EventTentative Date
Opening DateNov 28, 2022
Closing DateNov 30, 2022
Basis of AllotmentDec 5, 2022
Initiation of RefundsDec 6, 2022
Credit of Shares to DematDec 6, 2022
Listing DateDec 8, 2022

Dharmaj Crop Guard IPO Lot Size

The Dharmaj Crop Guard IPO lot size is 60 shares. A retail-individual investor can apply for up to 14 lots (840 shares or ₹199,080).

ApplicationLotsSharesAmount
Retail (Min)160₹14,220
Retail (Max)14840₹199,080
S-HNI (Min)15900₹213,300
B-HNI (Min)714,260₹1,009,620

Dharmaj Crop Guard IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding73.03%

Dharmaj Crop Guard IPO Prospectus

IPO Review

DCGL operates in the agrochemical industry and has carved out a niche with its B2C and B2B business model. It has shown consistent growth in its top and bottom lines and is primed for bright prospects as it launches further items. Currently, this market area is ……. Read Full Review Here

Company Contact Information

Dharmaj Crop Guard Limited
Plot No. 408 to 411,
Kerala GIDC Estate, Off NH-8, At: Kerala,
Taluka Bavla, Ahmedabad – 382220
Phone: +91-79-29603735
Email:
Websitehttp://www.dharmajcrop.com/

Dharmaj Crop Guard IPO Registrar

Link Intime India Private Ltd

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

Dharmaj Crop Guard IPO Lead Manager(s)

  1. Elara Capital (India) Private 
  2. Monarch Networth Capital Ltd
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