Add-Shop Promotions IPO is all set to make its debut on 21th Aug 18 with 6.23 Cr is a company engaged in the business of marketing and distribution of ayurvedic, food supplements, agricultural products, animal feed supplement and personal care products
Add-Shop Promotions IPO – overview
| IPO Dates | 21-30 Aug 18 |
| IPO Price | INR 26 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 2,396,000 shares (INR 6.23 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Add-Shop Promotions IPO – Tentative Dates
| IPO Offer Opening Date | 21 Aug 2018 |
| IPO Closing Date | 30 Aug 2018 |
| Finalization of Basis of Allotment | 5 Sept 2018 |
| Initiation of refunds | 6 Sept 2018 |
| Transfer of shares to demat accounts | 7 Sept 2018 |
| IPO Listing Date | 10 Sept 2018 |
Company Overview
Incorporated in 2013, Gujarat based Add-Shop Promotions Limited is a company engaged in the business of marketing and distribution of ayurvedic, food supplements, agricultural products, animal feed supplement and personal care products under the brand name “Add-Shop Promotions”.
The company supplies products manufactured by select manufacturers under its brand to retailers and wholesalers. It procures the finished products from certified manufacturers and markets it through various intermediaries and sales agents.
Add-shop has tied up with Marss Herbal (India), a manufacturer of herbal and natural use products. The company supplies the manufactured products under “ADD-Shop” brand.
To penetrate major markets, Add-shop has entered into an agreement with various collecting and forwarding agents (C&F’s) like Panchlingeshwara Enterprises, in Karnataka., Just Need United Trading, Maharashtra, and Good Life Enterprises Telangana.
The Company’s total revenue as restated for the three months ended June 2018 and for the Financial year 2018, 2017 and 2016 was Rs.381.41 lakhs, Rs.1254.90 lakhs, Rs. 455.41 lakhs and Rs.192.67 lakhs, respectively.
The profit/loss after tax as restated for the three months ended June 2018 and Financial Year 2018, 2017 and 2016 was Rs. 16.37 lakhs, Rs. 22.96 lakhs, 14.69 lakhs, and Rs. (0.38) lakhs, respectively.
Objects of the Issue
- Part finances the Working Capital requirements.
- Part repayment of High-Cost Debt.
- Finance Capital expenditure for the following purpose:
(A) Acquisition of Plant & Machinery
(B) Up-gradation of existing technology. - Meet General Corporate Expenses.
- Meet IPO Issue Expenses
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 806.69 | 757.72 | 83.85 |
| Total Revenue | 384.41 | 1,254.90 | 455.41 |
| Profit After Tax | 16.37 | 22.96 | 14.69 |
Company Contact Information
Add-Shop Promotions Limited
B-304 Imperial Height
150ft Ring Road
Rajkot, Gujarat, India
Phone: 0281-2580499
Email: investor@addshop.co
Website: http://www.addshop.co/
Add-Shop Promotions IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://ipo.cameoindia.com/
Add-Shop Promotions IPO Lead Manager(s)
- Fedex Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
