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Ushanti Colour Chem IPO: GMP, Price, Dates, Issue Size 

Ushanti Colour Chem IPO is set to make its debut on 17th July 18 with 11.56 Cr is a company engaged in the business of manufacturing and trading of Dyestuffs.   

Ushanti Colour Chem IPO – overview 

IPO Dates  17-23 July 18 
IPO Price  INR 60 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,926,000 shares (INR 11.56 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Ushanti Colour Chem IPO – Tentative Dates           

IPO Offer Opening Date  23 July 2018 
IPO Closing Date  25 July 2018 
Finalization of Basis of Allotment  30 July 2018 
Initiation of refunds  31 July 2018 
Transfer of shares to demat accounts  1 Aug 2018 
IPO Listing Date  2 Aug 2018 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 1993, Gujarat based Ushanti Colour Chem Limited is a company engaged in the business of manufacturing and trading of Dyestuffs. 

The Company manufactures Reactive and Direct Dyestuffs also known as Synthetic Organic Dyes. It also manufactures Copper Phthalocyanine, Blue Crude which is used for manufacturing Dyestuffs. The pigment and dyestuffs cater to the raw material requirement of various industries including wool, ink, wood, leather, nylon, paper, textile, garment, cotton, plastic and paint etc. 

The company has 3 manufacturing facilities, spread over 2,739 sq. meters, located at Vatva GIDC in Gujarat. It also has its own Ice generation machinery. It recovers Ammonium Carbonate which is reused in the plant as well as sold to the Soda Ash Industry reducing wastage providing the company with incremental revenue. 

The Monthly Production capacity of the company increased from 5 MT in 1990 to 300 MT now. With the new capacity addition, production will be 1350MT. 

With land of 3000sq. mt, at Vatwa & 75000sq. mt land at Saykha, the company’s enterprise value is around Rs 45-50 crore. 

Ushanti generates around 41% of its revenue from the Domestic market while the rest 59% is generated from its export operations. 

Ushanti offers its products through traders. The manufactured dyes are sold as per the orders received by parties either directly from manufacturers or traders. 

Objects of the Issue 

1.Setting up of Dyestuff, Pigment, Intermediate Manufacturing facility at Saykha 
2. Prepayment of installments on land taken at Saykha, GIDC & repayment of Secured Bridge Loan taken from Banks for acquiring land for the new project 
3. General Corporate Purpose 

Company Financials      

Particulars          31-Mar-18 31-Mar-17 31-Mar-16 
Total Assets          2,702.27 2,273.94 2,238.70 
Total Revenue          2742.60 2,962.10 2,511.31 
Profit After Tax          245.00 137.78 37.97 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Ushanti Colour Chem Limited 
88/6, 88/7, 88/8, 
Phase – 1, GIDC, 
Vatwa, Ahmedabad – 382445 
Phone: 079-25833315 
Email: admin@ushanti.com 
Website: http://ushanti.com/ 

Ushanti Colour Chem IPO Registrar 

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

Ushanti Colour Chem IPO Lead Manager(s) 

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Ganesh Films India IPO: GMP, Price, Dates, Issue Size 

Ganesh Films India IPO is set to make its debut on 16 July 18 with 8.42 Cr is a company engaged in the business of manufacturing and trading of Dyestuffs.   

Ganesh Films India IPO – overview 

IPO Dates  16-23 July 18 
IPO Price  INR 80 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,052,800 shares (INR 8.42 crore) 
Minimum bid (lot size)  1600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Ganesh Films India IPO – Tentative Dates           

IPO Offer Opening Date  16 July 2018 
IPO Closing Date  23 July 2018 
Finalization of Basis of Allotment  23 July 2018 
Initiation of refunds  24 July 2018 
Transfer of shares to demat accounts  25 July 2018 
IPO Listing Date  26 July 2018 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 2018, Mumbai based Ganesh Films India Limited is a company engaged in the business of acquiring distribution rights of south Indian movies from production or co-production houses and thereafter distribute the same to the cinema halls spread across the Distribution Territory. Since incorporation, the Company has entered into agreements for the acquisition of distribution rights of many films (“Library”). The Company currently has a Library of over 696 south Indian films  

M/s. Ganesh Films, a proprietary concern was formed by Nambirajan Ganapathi Yadav (“Ganesh Films”), the Promoter of Ganesh Films India Limited (“the Company” or “GFIL”) in the year 1985 with a view to increasing the popularity of south Indian language movies in northern and western regions of India commonly known in the film industry as the North Indian territory (“Distribution Territory”). The business includes theatrical distribution of south Indian films in the Distribution Territory through the media platforms like internet, mobile phone and other platforms (“Digital Platforms”). The Promoters have vast experience in the theatrical distribution of approx. 450 south Indian films (including Tamil, Telugu, Kannada, Malayalam and other regional films) in the Distribution Territory.

In the year 1991, Ganesh Films initiated for the first-time simultaneous release of Tamil movies in the Distribution Territory and in the South Indian territory with the famous Tamil language crime drama film ‘Thalapathi’ starring Rajnikanth, Mammooty, Amrish Puri and other famous film stars directed by Mani Ratnam. 

Objects of the Issue 

The Issue comprises of a Fresh Issue and an Offer for Sale by the Promoters. 
The Company will not receive any proceeds of the Offer for Sale by the Promoters and Promoter Group Selling 
Shareholders. 
The objectives of the fresh issue are: 
(a) Working Capital Requirements; 
(b) Funding expenditure for General Corporate Purposes 

Company Financials      

Particulars          20-May-18 
Total Assets          321.15 
Total Revenue          9.18 
Profit After Tax          0.54 

Company Contact Information 

Ganesh Films India Limited 
#503, 5th Floor, Plot 461D, 
A Wing, Parshvanath Gardens, Bhaudaji Road 
d, Kings Circle, Matunga, Mumbai-400019 
Phone: +91 810 444 9343 
Email: info@ganeshfilms.com 
Website: http://www.ganeshfilms.com/ 

Ganesh Films IPO Registrar 

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

Ganesh Films IPO Lead Manager(s) 

  1. Fedex Securities Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Ambani Organicst IPO: GMP, Price, Dates, Issue Size 

Ambani Organicst IPO is set to make its debut on 6th July 18 with 9.03 Cr is a company engaged in the business of specialty chemicals 

Ambani Organicst IPO – overview 

IPO Dates  6-10 July 18 
IPO Price  INR 66 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,368,000 shares (INR 9.03 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 1985, Thane, Maharashtra based Ambani Organics Limited is a company engaged in the business of specialty chemicals. The company is a manufacturer, processor, importer, supplier, and exporter of water-based specialty chemicals used in Paper Industry, Paint Industry, Textile Industry, Carpet Industry, Adhesive Industry, etc. Ambani Organics is an “ISO 9001:2015 – Quality Management System” certified company and has also obtained GOTS (Global Organic Textiles Standards) certification for some of its textile industries chemicals. 

The Company has 2 (two) manufacturing facilities in Thane located adjacent to each other. It also has a dedicated in-house Research & Development and Quality Assurance/Quality Control Team which undertakes rigorous testing and quality management. The R&D Centre is located at MIDC Tarapur, Boisar, Thane. 

Objects of the Issue 

1.To acquire additional molds of chairs, cupboards, tables etc., at the existing manufacturing facilities of our Company 
2. To meet the incremental working capital requirements 
3. General Corporate Purpose. 

Company Financials      

Particulars          31-Mar-18 31-Mar-17 31-Mar-16 
Total Assets          4,777.78 3,830.50 3,004.24 
Total Revenue          6,558.15 5,289.85 3,291.40 
Profit After Tax          182.30 83.17 38.89 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Ambani Organics Limited 
N-44 MIDC, 
Tarapur Boisar, 
Thane- 401 506, 
Phone: +91 – 22 – 2683 3778 
Email: info@ambaniorganics.com 
Website: http://www.ambaniorganics.com/ 

Ambani Organics IPO Registrar 

Universal Capital Securities Pvt. Ltd 
 
Phone: +91-22-28207203 
Email: info@unisec.in 
Website: http://www.unisec.in 

Ambani Organics IPO Lead Manager(s) 

  1. Aryaman Financial Services Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Raw Edge Industrial IPO: GMP, Price, Dates, Issue Size 

Raw Edge Industrial IPO is set to make its debut on 5 July 18 with 16.50 Cr is a company engaged in the business of providing industrial minerals to manufacturing industries at competitive prices. 

Raw Edge Industrial IPO – overview 

IPO Dates  5-10 July 18 
IPO Price  INR 72 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,291,200 shares (INR 16.50 crore) 
Minimum bid (lot size)  1600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 2005, Mumbai based Raw Edge Industrial Solutions Limited is a company engaged in the business of providing industrial minerals to manufacturing industries at competitive prices. The company is delivering fully integrated solutions of Raw Material supplies to large and medium industrial houses. It is one of the leading Manufacturers and Suppliers of a quality range of Calcined Lime, Dolomitic Lime, Hydrated Lime, AAC Lime, Calcined Magnesite, Clinker, Quartz, Gypsum, Imported Coal, etc. 

In February 2018, the company has entered into an agreement for sale for acquiring agriculture land of `50.21 
Lakhs at Surat for setting up a manufacturing unit of crushed Quick Lime and Hydrated Lime with an installed capacity of 1,20,000 MT/per annum located. In addition to its existing capacity of 60,000 ton/per annum, the capacity plant which is to be shifted at the aforesaid new premises will be making the total installed capacity of 1,80,000 ton/per annum. 

Objects of the Issue 

The objects of the Fresh Issue are: 
1. Expansion by setting up Manufacturing Unit 
2. Working Capital Margin 
3. General Corporate Purpose 
4. Meeting Public Issue Expenses. 

Company Financials      

Particulars          31-Mar-18 31-Mar-17 31-Mar-16 
Total Assets          2,912.26 2,718.57 2,305.11 
Total Revenue          4,498.74 4,860.73 4,133.55 
Profit After Tax          133.40 61.63 58.05 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Raw Edge Industrial Solutions Ltd 
Shop No. 47, Ground Floor, 
Citi Mall, New Link Road 
Andheri (W), Mumbai -400053 
Phone: 91-72269 96805 
Email: info@rawedge.in 
Website: http://www.rawedge.in/ 

Raw Edge Industrial Solutions IPO Registrar 

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

Raw Edge Industrial Solutions IPO Lead Manager(s) 

  1. Guiness Corporate Advisors Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Jakharia Fabric IPO: GMP, Price, Dates, Issue Size 

Jakharia Fabric IPO is set to make its debut on 29 June 18 with 19.66 Cr is a company engaged in the business of dyeing and processing of fabrics on job work basis for other textile companies as well as for own manufacturing product lines. 

Jakharia Fabric IPO – overview 

IPO Dates  29 June -10 July 18 
IPO Price  INR 180 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,092,000 shares (INR 19.66 crore) 
Minimum bid (lot size)  800 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

Incorporated in 2007, Maharashtra based Jakharia Fabric Limited is a company engaged in the business of dyeing and processing of fabrics on job work basis for other textile 
companies as well as for own manufacturing product lines. The Company procures Grey Fabric from the market and further dyes and finishes the same as per the client’s requirements on the basis of the quality of the fabric, sizing requirements etc. It also outsources certain processes like the weaving of the fabric and printing as per the demand of the customers based on the quality required. The Company manufactures and processes the fabric especially suitable for Shirtings. 

Jakharia Fabric is in process of setting up an additional processing facility at Plot No. J1/1, MIDC Tarapur Industrial Area, Boisar, Palghar – 401 506. This facility is being set up through M/s Jakharia Industries, which is a Partnership Firm, wherein the Company is a partner. The Partnership firm intends to carry on the business of preparing spinning doubling texturing weaving, winding, knitting, scouring, sizing, bleaching, coloring, dying, printing and finishing and processing working or manufacturing in any way whatsoever of cotton, linen, wool synthetics and various other textile products. 

The Company has set-up two (2) processing 

Objects of the Issue 

1 Part finance the setting up of processing unit through M/s. Jakharia Industries at Tarapur, MIDC. 
2. Funding Expenditure for General Corporate Purposes 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          5,843.80 5,954.17 5,044.23 
Total Revenue          7,702.84 7,723.49 8,917.25 
Profit After Tax          338.82 446.17 432.86 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Jakharia Fabric Limited 
Office No. 1224, Deoji Nagar 
Narpoli Village, Bhiwandi, 
Thane- 421 302 
Phone: +91-25- 2227 8892 
Email: info@jakhariafabric.com 
Website: http://www.jakhariafabric.com/ 

Jakharia Fabric IPO Registrar 

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

Jakharia Fabric IPO Lead Manager(s) 

  1. Aryaman Financial Services Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Rudrabhishek Enterprises IPO: GMP, Price, Dates, Issue Size 

Rudrabhishek Enterprises IPO is set to make its debut on 29 June 18 with 18.73 Cr is a company engaged in the business of providing industrial minerals to manufacturing industries at competitive prices. 

Rudrabhishek Enterprises IPO – overview 

IPO Dates  29 June -10 July 18 
IPO Price  INR 41 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,569,000 shares (INR 18.73 crore) 
Minimum bid (lot size)  3000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 1992, Delhi based Rudrabhishek Enterprises Limited is a company engaged in providing integrated services in Infrastructural Services, Urban Designing and planning, Global Information Systems, Building Designing Services and Project Management Services. 

The Company is not just providing every service in its field under one roof but also providing them at every level. In other words, the Company is working with the Central Government and with several State Governments of India also. Over the years, the Company has handled projects of different sizes and levels including Zonal/Regional Planning, City Planning, and Master Planning. 

REPL also provides its services to Corporate Clients. Some major corporate clients of the Company include Ansal API, Emaar MGF Land Limited, Gannon Dunkerley & Co. Limited, Hyundai Motor India Private Limited, Omaxe Limited, Paarth Infrabuild Private Limited etc. 

Apart from the corporate clients mentioned above, the Company has been empanelled with 30+ Government Development Authority Departments for its services 

Objects of the Issue 

1. To raise funds for long-term working capital required for the Business of the Company; 
2. General Corporate Purpose and 
3. To meet the expenses of the issue. 

Company Financials      

Particulars          31-Mar-18 31-Mar-17 31-Mar-16 
Total Assets          1,514.46 1,345.33 1,202.73 
Total Revenue          1,779.17 1,769.45 1,557.19 
Profit After Tax          48.49 25.26 46.58 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Rudrabhishek Enterprises Limited 
820, Antriksha Bhawan, 
K.G. Marg, 
New Delhi – 110001 
Phone: 011 23738974 
Email: secretarial@replurbanplanners.com 
Website: http://www.repl.global/ 

Rudrabhishek Enterprises IPO Registrar 

Skyline Financial Services Private Ltd 
 
Phone: 02228511022 
Email: 
Website: https://www.skylinerta.com/ 

Rudrabhishek Enterprises IPO Lead Manager(s) 

  1. Corporate Capitalventures Pvt Ltd (Past IPO Performance) 
  1. Khambatta Securities Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Ganga Forging IPO: GMP, Price, Dates, Issue Size 

Ganga Forging IPO is set to make its debut on 29 June 18 with 5 Cr is a company engaged in the business of providing industrial minerals to manufacturing industries at competitive prices. 

Ganga Forging IPO – overview 

IPO Dates  29 June -10 July 18 
IPO Price  INR 21 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,291,200 shares (INR 5 crore) 
Minimum bid (lot size)  6000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

Incorporated in 1988, Gujarat based “Ganga Forging Limited is a company engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segments. The automotive segment includes manufacturing products catering to the commercial vehicle, passenger car, three-wheeler, two-wheeler, and tractor. The non-automotive segment includes electric power transmission, dairy equipment manufacturing, agricultural, gear and gearbox, crankshafts, connecting road, heavy engineering industries, hubs, and flanges. With a presence in most of the allied products in this industry, the Company caters to a wide range of customers. 

The existing manufacturing facility of the company is equipped with 4 Drop Hammers, 2 automatic power press, 2 manual power press, 4 furnaces in the forge shop. The manufacturing facilities are well equipped with the required facilities including machinery, other handling equipment to facilitate the smooth manufacturing process. 

Objects of the Issue 

1.To finance the setting up of Closed Die Forging manufacturing facility; and 
2. General corporate purposes. 

Company Financials      

Particulars          31-Mar-18 31-Mar-17 31-Mar-16 
Total Assets          1,514.46 1,345.33 1,202.73 
Total Revenue          1,779.17 1,769.45 1,557.19 
Profit After Tax          48.49 25.26 46.58 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Ganga Forging Limited 
Plot No 1 SNO 298 & 30 
Rajkot Gondal N H, Veraval (Shapar) 
Rajkot, Gujarat, 360 024 
Phone: +912827-252208 /252077 
Email: info@gangaforging.com 
Website: http://www.gangaforging.com/ 

Ganga Forging (GFL) IPO Registrar 

Link Intime India Private Ltd 
 
Phone: +91-22-4918 6270 
Email: gangaforging.ipo@linkintime.co.in 
Website: https://linkintime.co.in/ 

Ganga Forging (GFL) IPO Lead Manager(s) 

  1. Pantomath Capital Advisors Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Varroc Engineering IPO:GMP, Issue Size, Issue Price and Important dates

Varroc Engineering IPO automotive component group and is all set to make a debut in the stock market with an issue size of 1945.77 Cr.   

Varroc Engineering IPO – Overview    

 Issue Date           26-28 June 2018 
Varroc Engineering IPO Opening Date           26 June 2018 
Varroc Engineering IPO Face Value           INR 1 per share           
Varroc Engineering IPO Price           INR 967 per share          
Varroc Engineering IPO Lot Size           15 Shares          
Issue Size           1945.77 Cr      
Offer for sale  
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE
QIB Shares Offered             13.45 times 
NII (HNI) Shares           5.08 times 
Company Promoters           The Promoter of the Company is Tarang Jain. 
XELPMOC DESIGN AND TECH IPO

Tentative Dates           

Varroc Engineering IPO opening date           26 June 2018  
Varroc Engineering IPO closing date           28 June 2018  
Basis of Allotment           3 July 2018 
Initiation of Refunds           4 July 2018 
The credit of Shares to Demat          5 July 2018 
Varroc Engineering IPO Listing Date           6 July 2018 

Company Overview    

It designs, manufactures and supplies exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components to the passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle (“OHV”) OEMs directly worldwide. The company is the second largest Indian auto component group   

Industry Overview    

The exports market has grown 16% between April and October 2017. CRISIL Research expects vol umes to increase over the next few months, as the efforts of OEMs to diversify into more promising geographies bear fruit. According to the IMF, these economies are expected to grow 2.6% in 2017, against 1.4% in 2016.

 Objectives           

  1. Sale of up to 15,714,038 Equity Shares by the Shareholders. 
  2. Boost the visibility and brand image of the company. 
  3. Provide a public market for the shares of the company. 

Financial Statements          

Particulars          31-March-18 31-Mar-17   31-Mar-16 
Total Assets          68,523.92 58,603.80 52,458.55 
Total Revenue          104,170.67 97,022.69 82,395.20 
Profit After Tax          4,507.77 3,033.89  3,698.23 
XELPMOC DESIGN AND TECH IPO

Strengths          

  • The company’s Global Lighting Business, which focuses on the design, manufacture, and supply of exterior lighting for passenger vehicles, is the sixth-largest tier-1 automotive exterior lighting manufacturer globally and one of the top three independent exterior lighting players. 
  • Strong, long-standing relationships with many of its customers.
  • It has a comprehensive portfolio of products in the markets which allows it to be a one-stop-shop for the customers and to cross-sell products. 
  • A global footprint of 36 manufacturing facilities spread across seven countries, with six facilities for the Global Lighting Business, 25 for India Business and five for other Businesses. 

Company Contact Information 

Varroc Engineering Limited 
L-4, MIDC Area 
Waluj 
Aurangabad 431 136 
Phone: +91 240 6653 700/6653 699 
Email: http://www.varrocgroup.com/ 
Website: http://www.varrocgroup.com 

Registrar 

Link Intime India Private Ltd 
 
Phone: +91-22-4918 6270 
Email: varroc.ipo@linkintime.co.in 
Website: https://linkintime.co.in/ 

Lead Manager(s) 

  1. Citigroup Global Markets India Private Limited (Past IPO Performance) 
  1. Credit Suisse Securities (India) Private Limited (Past IPO Performance) 
  1. IIFL Securities Ltd (Past IPO Performance) 
  1. Kotak Mahindra Capital Company Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

Bright Solar IPO: GMP, Price, Dates, Issue Size 

Bright Solar IPO is set to make its debut on 26 June 18 with 19.44 Cr is a company engaged in assembling DC/AC Solar Pumps and Solar Pump Systems. 

Bright Solar IPO – overview 

IPO Dates  26-29 June 18 
IPO Price  INR 36 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  5,400,000   shares (INR 19.44 crore) 
Minimum bid (lot size)  3000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 2010, Gujarat based Bright Solar Limited is a company engaged in assembling DC/AC Solar Pumps and Solar Pump Systems under the registered brand name of “PUMPMAN”, “BRIGHT SOLAR”, and “BRIGHT SOLAR WATER PUMP”. The company is also engaged in EPC contracts of Solar Photovoltaic Water pumps which include supplying, installing and commissioning of the pump system along with comprehensive maintenance contract for a specific period of 1-5 years. In solar pump system, it has a wide range of products of DC Solar Pump, Solar Pump Inverter, and AC Solar Pump. 

In the year 2017-18, the company started providing consultancy services for acquiring projects and tender bidding after identifying the competent client on the tender-to-tender basis. In addition, we have also added water supply, sewage, and infra project in its service portfolio. We have also been awarded water supply and sewerage projects. Bright Solar is in the process of acquiring a land admeasuring area of 18209 Square meters at Kheda, Gujarat and on which the company is planning to set up a manufacturing unit for Solar PV modules/panels. The Company has already executed an agreement to sell for the acquisition of land. It is also planning to set up a water treatment plant assembling unit at Patna (Bihar). 

To sum up, Bright Solar is into assembling DC/AC Solar Pumps and Solar Pump Systems, EPC contracts of Solar Photovoltaic Water pumps, consulting of Projects and tenders, Water supply and Sewerages Infra Project. The company is planning to commence Solar Module manufacturing and water treatment plant assembling unit. 

Objects of the Issue 

1 Acquisition of Land, its Registration, Stamping, and other charges 
2. Working Capital, 
3. General Corporate Purpose, 
4. Issue Expenses. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          3,309.49 2,212.31 3,892.34 
Total Revenue          1,812.99 1,547.06 4,784.25 
Profit After Tax          171.11 70.53 196.87 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Bright Solar Limited 
C-1103, Titanium Square, 
Thaltej Circle, S G Highway, 
Thaltej, Ahmedabad – 380 059 
Phone: +91 – 79 – 4892 6868 
Email: compliance@brightsolar.co.in 
Website: http://www.brightsolar.in/ 

Bright Solar IPO Registrar 

Alankit Assignments Ltd 
 
Phone: (011) 4254 1234 
Email: ipo@alankit.com 
Website: https://www.alankit.com/ 

Bright Solar IPO Lead Manager(s) 

  1. Swastika Investmart Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
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Rajnish Wellness Limited IPO: GMP, Price, Dates, Issue Size 

Rajnish Wellness Limited IPO is set to make its debut on 25 June 18 with 11.98 Cr is a company engaged in the business of selling various products in the categories ranging from consumer durables to ayurvedic personal care products. 

Rajnish Wellness Limited IPO – overview 

IPO Dates  25-29 June 18 
IPO Price  INR 95 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,261,200 shares (INR 11.98 crore) 
Minimum bid (lot size)  1200 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

Incorporated in 2015, Mumbai based Rajnish Wellness Limited is a company engaged in the business of selling various products in the categories ranging from consumer durables to ayurvedic personal care products. The Company’s major focus area is sexual wellness, energy revitalization and personal care products. 

The Company has a product portfolio that covers major products including ayurvedic medicines, personal care products, sexual wellness, and energy revitalization items etc. It sells its personal care products under the brand name. “PlayWin Capsules”, “PlayWin Condom”, “Rajnish Lotion”, “Rajnish Plus Lotion”, “Play Win Spray”, “PlayWin Plus Capsules”, “PlaWin Oil”, , “PlayWin F Capsule”, “Kasaav Powder”, “SudantaDantManjan”, “Mithohar Liquid”, “Mithohar Tablets”, “Madamrit Hair Shampoo”, “Madamrit Hair Oil”, “Madamrit Hair Capsule” and Pia Lo Herb’s. 

Rajnish wellness has very strong hold in Maharashtra, Uttar Pradesh, Karnataka, Bihar, Odisha, Delhi, Jharkhand, Madhya Pradesh, Uttarakhand, Haryana and West Bengal. Its products are available in all major medical stores in these states. 

Objects of the Issue 

1. Funding of working capital requirements of the Company. 
2. Funding for Branding and Advertisement expenses 
3. To meet General corporate purposes 
4. To meet the expenses of the Issue 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          1,782.44 837.92 530.35 
Total Revenue          2,423.22 2,529.63 1,315.88 
Profit After Tax          161.87 63.87 32.34 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Rajnish Wellness Limited 
610L, 6th Floor, Building No. 3, 
Navjivan Commercial Premises Society, 
Lamington Road, Mumbai Central, Mumbai – 400008 
Phone: + 91-22-23065555 
Email: info@rajnishwellness.com 
Website: http://rajnishwellness.com/ 

Rajnish Wellness IPO Registrar 

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

Rajnish Wellness IPO Lead Manager(s) 

  1. Navigant Corporate Advisors Ltd (Past IPO Performance) 

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