BEW Engineering IPO is all set to make its debut on 2nd Sept 21 with 3.97Cr is engaged in the design and manufacturing of filters and dryers for the Chemicals Industry comprising of Pharmaceuticals
BEW Engineering IPO – overview
| IPO Dates | 2- 7 sept 2021 |
| IPO Price | INR 58 per share |
| Fresh issue | 684,000 shares (INR 3.97 crore) |
| Offer For Sale | Nil |
| Total IPO size | 684,000 shares (INR 3.97 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
BEW Engineering IPO – Tentative Dates
| IPO Offer Opening Date | 2 Sept 2021 |
| IPO Closing Date | 7 Sept 2021 |
| Finalization of Basis of Allotment | 13 Sept 2021 |
| Initiation of refunds | 14 Sept 2021 |
| Transfer of shares to demat accounts | 15 Sept 2021 |
| IPO Listing Date | 16 Sept 2021 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Incorporated in 2011, BEW Engineering is engaged in the design and manufacturing of filters and dryers for the Chemicals Industry comprising of Pharmaceuticals – API, Agro Chemicals, and Specialty Chemicals. The company’s product portfolio includes a range of filtration, mixing and drying equipment, Sterile Applications, Intermediate Compounds, Fine Chemicals, Chemicals, Argo Chemicals, Pesticides, Insecticides, Dyes and Food Products.
The top states contributing to the company’s revenue are Maharashtra, Andhra Pradesh, Gujarat, Telangana & Karnataka.
Competitive Strengths:
- Three decades of market presence contributing to strong brand value and loyal customers.
- Cost-effective, high-quality equipment manufacturing with certification from ASME U & R stamp.
- Strong and experienced leadership.
- Efficient sales support teams catering to key customers across the country.
Objectives of the issue
- Meeting additional Working Capital Requirements, and
- General Corporate purpose.
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 7,254.08 | 6,032.61 | 5,089.57 |
| Total Revenue | 7,354.59 | 6,771.01 | 6,384.53 |
| Profit After Tax | 286.53 | 65.88 | 70.57 |
Company Contact Information
BEW Engineering Limited
FE-10 MIDC Phase No. II
Manpada Road, Dombivali (East)
Maharashtra 421 204
Phone: +91 251 287 3338
Email: cs@bewltd.com
Website: http://www.bewltd.com/
BEW Engineering IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
BEW Engineering IPO Lead Manager(s)
Lead Manager Reports
