ICL Multitrading India IPO: GMP, Price, and Issue Size

ICL Multitrading India IPO is all about to make its debut on 19 Nov 2018, with an issue size of 17.86CR. 

ICL Multitrading India Limited(IPO), situated in Noida, was founded in 2012 and is in the business of multi-product branding and distribution.

The company’s goods are marketed under the brand name “ICL.” Spices, tea, suiting-shirting, incense sticks (Dhoop), and gifting items are among the items available. ICL offers two types of tea: ICL Premium and ICL Gold. It operates a factory in Bareilly, Uttar Pradesh, for sourcing, sorting, and packaging tea.

Industry Overview

India is a major exporter and importer of various commodities, and the trading sector plays a significant role in the country’s economic growth. The Indian trading industry has been growing steadily over the years, with the government implementing various policies to promote international trade and investment.

Chemicals and textiles are also important commodities that are traded by ICL Multitrading Limited. India is one of the largest producers of chemicals in the world, and the demand for these products is expected to grow in the coming years due to the increasing demand for consumer goods and industrial products. The textile industry in India is also a major contributor to the country’s economy, and the demand for textiles is expected to grow in the coming years due to the increasing population and rising incomes.

Overall, the trading industry in India is expected to continue growing in the coming years, and ICL Multitrading Limited is well-positioned to take advantage of this growth by trading in various commodities that are in high demand in the Indian and international markets.

ICL Multitrading IPO Details

IPO Date	Nov 19, 2018 to Dec 3, 2018
Listing Date	[.]
Face Value	₹10 per share
Price	₹85 per share
Lot Size	1600 Shares
Total Issue Size	2,100,800 shares(aggregating up to ₹17.86 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME

Company Financials

Particulars	For the year/period ended (in Rs. Lakhs)
	31-May-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	1,370.08	1,377.58	1,210.08	855.43	586.34	437.35
Total Revenue	620.88	3,168.13	2,330.77	2,531.34	435.87	190.45
Profit After Tax	47.26	223.23	100.05	38.13	3.96	0.76

Objects of the Issue

The objects of the Issue are-
1. To meet out the Working Capital requirements of the Company- Rs1050 lakhs
2. Branding & Advertising Expenses- Rs 275 Lakhs
3. General Corporate Purposes- Rs 260.68 Lakhs
4. Issue Expenses- Rs 200 lakhs

ICL Multitrading IPO Prospectus

•   ›  ICL Multitrading IPO RHP

Company Contact Information

ICL Multitrading India Limited
A-105
Sector 63 Noida,
Gautam Buddha Nagar- 201 307
Phone: +91 0120 4544 143
Email: info@iclmultitrading.com
Website: http://www.iclmultitrading.com/

ICL Multitrading IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

ICL Multitrading IPO Lead Manager(s)

1. Corporate CapitalVentures Pvt Ltd (Past IPO Performance)