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Rites IPO:GMP, Issue Size, Issue Price and Important dates

Rites IPO is into fields of transport, infrastructure, and related technologies and is all set to make a debut in the stock market with an issue size of 460.51 Cr.   

Rites IPO – Overview    

 Issue Date           20-22 June 2018 
Rites IPO Opening Date           20 June 2018 
Rites IPO Face Value           INR 10 per share           
Rites IPO Price           INR 185 per share          
Rites IPO Lot Size           80 Shares          
Issue Size           460.51 Cr      
Offer for sale  
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE          
QIB Shares Offered             71.71 times 
NII (HNI) Shares           194.56 times 
Company Promoters           The Promoter of the company is the President of India acting through the MoR. The Promoter currently holds, directly and indirectly (through his nominees), 100% of the pre-Offer paid-up Equity Share capital of the Company. 

Tentative Dates           

Rites IPO opening date           20 June 2018  
Rites IPO closing date           22 June 2018  
Basis of Allotment           27 June 2018 
Initiation of Refunds           28 June 2018 
The credit of Shares to Demat          28 June 2018 
Rites IPO Listing Date           01 July 2018 

Company Overview    

It provides a comprehensive array of services under a single roof and believes in the transfer of technology to client organizations. In overseas projects, RITES actively pursues and develops cooperative links with local consultants/firms, as a means of maximum utilization of local resources and as an effective instrument of sharing its expertise. 

Since its inception, the company has evolved from providing transport infrastructure consultancy and quality assurance services and have developed expertise in: 

1. Design, engineering and consultancy services in transport infrastructure sector with a focus on railways, urban 
transport, roads and highways, ports, inland waterways, airports, and ropeways; 
2. Leasing, export, maintenance, and rehabilitation of locomotives and rolling stock; 
3. Undertaking turnkey projects on engineering, procurement and construction basis for the railway line, track doubling, 3rd line, railway electrification, up gradation works for railway transport systems and workshops, railway stations, 
and construction of institutional/ residential/ commercial buildings, both with or without equity participation; and 

Rites IPO- Industry Overview    

MoR prepared a white paper titled ‘Indian Railways –– FY19 and supported by Lifeline of the nation’ ‘s infrastructure and operations in the country. Thee state of railway investment in railways has led to overstretched infrastructure with more than 60% of routes being more than 100% utilized leading to huge unmet passenger demand and decreasing modal share in freight. Further, due to passenger fares being low, passenger trains utilized two generated one– third of capacity and a third of revenues, whereas high freight rates meant railway freight was getting out of the market. Hence, GoI identified ram price in the ping investments in Indian Railways as the top priority area. GoI realized that the lack of adequate carrying capacity and the resulting congestion has accelerated Indian Railway’s loss of market share to other modal transports. 

 Rites IPO-Objectives           

  1. To carry out the disinvestment of 24,000,000 Equity Shares held by the Selling Shareholder in the Company, equivalent to 12% of the issued, subscribed.paid-up Equity Share capital of the Company as part of the Net Offer, and such Equity Shares that may be reserved for Employee Reservation Portion, if any, subject to necessary approvals. 
  • To achieve the benefits of listing Equity Shares on the Stock Exchanges. 

Rites IPO- Financial Statements          

Particulars          31-March-18 31-Mar-17   31-Mar-16 
Total Assets          48,031.69 44,092.06 36,056.30 
Total Revenue          15,637.21 12,267.27 11,591.07 
Profit After Tax          3,624.16 2,827.31  3,122.88 

Rites IPO- Strengths          

  1. The Revenue is growing at CAGR of 9.63% from FY13 to FY17.  
  2. The Company has consistently clocking EBITDA Margins above 30% in the last 5 years. 
  3. The Company is generating positive cash flows from operations in the last 5 years- Big Positive. 

Company Contact Information 

RITES Limited 
RITES Limited Scope Minar 
Laxmi Nagar, Delhi – 110 092 
Phone: +91 11 22024610 
Email: cs@rites.com 
Website: http://ritesltd.com/ 

Rites Limited IPO Registrar 

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

RITES Limited IPO Lead Manager(s) 

  1. Elara Capital (India) Private (Past IPO Performance) 
  1. IDBI Capital Market Services Limited (Past IPO Performance) 
  1. IDFC Bank Limited (Past IPO Performance) 
  1. SBI Capital Markets Limited (Past IPO Performance) 

Lead Manager Reports 

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

Fine Organic IPO:GMP, Issue Size, Issue Price and Important dates

Fine Organic IPO is into manufacturing of oleochemical-based additives and is all set to make a debut in the stock market with an issue size of 600.2 Cr.   

Fine Organic IPO – Overview    

 Issue Date           20-22 June 2018 
Fine Organic IPO Opening Date           20 June 2018 
Fine Organic IPO Face Value           INR 5 per share           
Fine Organic IPO Price           INR 783 per share          
Fine OrganicIPO Lot Size           19 Shares          
Issue Size           600.2 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 Promoters of the Company are: 
1. Prakash Damodar Kamat; 
2. Mukesh Maganlal Shah; 
3. Jyotsna Ramesh Shah; 
4. Jayen Ramesh Shah; 
5. Tushar Ramesh Shah. 
6. Bimal Mukesh Shah. 
XELPMOC DESIGN AND TECH IPO

Tentative Dates           

Fine Organic IPO opening date           20 June 2018  
Fine Organic IPO closing date           22 June 2018  
Basis of Allotment           27 June 2018 
Initiation of Refunds           28 June 2018 
The credit of Shares to Demat          28 June 2018 
Fine Organic IPO Listing Date           01 July 2018 

Company Overview    

It is into manufacturing of oleochemical-based additives. it is the largest manufacturer of oleochemical-based additives in India and a strong player globally in this industry. The company produces a wide range of specialty plant derived oleochemicals-based additives ,used in food, plastic, cosmetics, paint, ink, coatings and other specialty applications in various industries. It has a range of 387 different products sold under the ‘Fine Organics’ brand. 
Fine Organics is the first company to introduce slip additives in India.

Industry Overview    

The Indian plastic additives market size is estimated to be₹ 55-60 billion in CY2016.Going forward,betweenCY2016 and CY 2021, the Indian plastic additives market size is to reach ₹ 90 billion by growing at 8-10% CAGR driven by increased usage in the polymer (PE, PP, and PVC) sectors, which are expected by CRISIL Research to grow at a healthy 8-10% CAGR driven by the factors mentioned below. CRISIL Research expects premium packaging segments to drive the growth of plastic additives. Indian plastic additives market outlook source: CRISIL Research, Mordor Intelligence India has Low Per Capita Plastic Consumption India has very low per capita plastic consumption of approximately 11 kg compared with the global average of 30 kg. Traditional materials ominate the application areas of plastic. This will lead to higher demand growth for the Indian plastic resin industry. High plastic resin growth will increase the demand for plastic additives as well. 

 Objectives           

  • The objectives of the Offer are to achieve the benefits of listing Equity Shares on the Stock Exchanges and to carry out the sale of up to 7,664,994 Offered Shares by the Selling Shareholders. The listing of Equity Shares will enhance the Company’s brand name and provide liquidity to the existing Shareholders. The Company will not receive any proceeds from the Offer and all the proceeds from the Offer, less Offer-related expenses, will go to the Selling Shareholders. 

Financial Statements          

Particulars          31-March-18 31-Mar-17   31-Mar-16 
Total Assets          4,835.99 4,576.40 4,228.49 
Total Revenue          5,928.23 7,892.24 6,661.22 
Profit After Tax          625.89 794.76  769.64 

Strengths          

  • Largest Producer of Oleochemical-based Additives in India and One of the Few Large Players in the Oleochemical based Additives Industry in the World. 
  • Strategically Located Production Facilities with In-house Development Capabilities. 

Company Contact Information 

Fine Organic Industries Limited 
Fine House, 
Anandji Lane 
Ghatkopar (East), Mumbai 400 077 
Phone: (91 22) 2102 5000 
Email: investors@fineorganics.com 
Website: http://www.fineorganics.com 

Registrar 

KFin Technologies Limited 
 
Phone: 04067162222, 04079611000 
Email: einward.ris@karvy.com 
Website: https://karisma.kfintech.com/ 

Lead Manager(s) 

  1. Edelweiss Financial Services Ltd (Past IPO Performance) 
  1. JM Financial Limited (Past IPO Performance) 

Lead Manager Reports 

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

Accuracy Shipping IPO: GMP, Price, Dates, Issue Size 

Accuracy Shipping IPO is set to make its debut on 25 June 18 with 11.98 Cr is a third-party logistics solutions provider 

Accuracy Shipping IPO – overview 

IPO Dates  11-14 June 18 
IPO Price  INR 84 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,257,600 shares (INR 35.76 crore) 
Minimum bid (lot size)  1600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 

Accuracy Shipping IPO – Tentative Dates           

IPO Offer Opening Date  11 June 2018 
IPO Closing Date  14 June 2018 
Finalization of Basis of Allotment  19 June 2018 
Initiation of refunds  20 June 2018 
Transfer of shares to demat accounts  21 June 2018 
IPO Listing Date  22 June 2018 

Company Overview    


Incorporated in 2008, Gujarat based “Accuracy Shipping Limited” is a third-party logistics solutions provider. The company offers customized and end-to-end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services to its clients. It is also engaged in the handling of project cargo, which is a specialized activity requiring detailed planning and technical expertise. The comprehensive project handling service includes designing and execution of customized solutions tailored to meet specific customer requirements for the transport of high-value specialized equipment from one location to another using multiple modes of transport. As a multimodal transport operator, it offers end-to-end freight services for export and import cargo utilizing multiple modes of transport such as sea, road, rail, and air

Accuracy Shipping operates its business through a PAN India network consisting of a registered office at Gandhidham, 5 branch offices and over 1,300 clients as of January 31, 2018. In addition to using hired fleets, it also has a fleet of more than 150 vehicles to meet the inland transportation requirements. It also has a network of various business partners providing it with vehicles, warehouses and other assets and services for the business. At present, the company is offering its services through business partners in more than 35 countries. 

Objects of the Issue 

1. Part repayment/prepayment of certain secured borrowings availed by the Company; 
2. Purchase of goods transportation vehicle; 
3. Funding the working capital requirements of the Company; 
4. General corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          5,825.34 4,394.03 2,783.54 
Total Revenue          20,129.20 17,078.99 16,165.61 
Profit After Tax          195.93 106.86 31.60 

Company Contact Information 

Accuracy Shipping Limited 
Survey No 42, Plot No 11 
Meghpar Borichi,Anjar 
Kachchh- 370110, Gujarat, India 
Phone: 02836-258251 
Email: investors@asplindia.org 
Website: http://www.asplindia.org/ 

Accuracy Shipping IPO Registrar 

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

Accuracy Shipping 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 

Priti International IPO: GMP, Price, Dates, Issue Size 

Priti International IPO is set to make its debut on 11 June 18 with 5.26 Cr is a company engaged in the manufacturing and exporting of Handicraft Products.

Priti International IPO – overview 

IPO Dates  11-13 June 18 
IPO Price  INR 75 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  700,800 shares (INR 5.26 crore) 
Minimum bid (lot size)  1600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Priti International IPO – Tentative Dates           

IPO Offer Opening Date  11 June 2018 
IPO Closing Date  13 June 2018 
Finalization of Basis of Allotment  18 June 2018 
Initiation of refunds  19 June 2018 
Transfer of shares to demat accounts  20 June 2018 
IPO Listing Date  21 June 2018 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

Incorporated in 2017, Jodhpur based Priti International Limited is a company engaged in the manufacturing and exporting of Handicraft Products. It also deals in manufacturing wooden, metal and textile-based furniture and handicrafts products, upcycling and recycling of various kinds of raw, unusable and waste metal and wooden articles. The Company’s products range from solid wood and metal furniture articles, home furnishing items, creative wooden and metal articles for various uses, textile-based products like cushions, pillow covers, rugs and carpets, handbags, travel bags and backpacks, pet products, etc. 

Priti Lohiya, one of the promoters of the Company, commenced the business of handicraft products in the name and style M/s. Priti International, a proprietary concern in the year 2002 at facilities located at Basni and Boranada in Jodhpur, Rajasthan. The running business of M/s. Priti International was acquired by Priti International Limited on November 11, 2017. 

Priti International majorly caters to international markets. It exports products to wholesalers and retailers from countries such as Spain, Belgium, Holland, Netherlands, Turkey, England, China, Greece, Germany etc. The company also export its products to customers working on some specific projects e.g. newly constructed hotels, restaurants, bars & pubs, etc. 

The company has 45 employees on its payroll. It also employs contract laborers and temporary laborers as per requirement. 

Objects of the Issue 

1. Purchase of Plant & Machinery and related civil work; 
2. Funding the working capital requirements of the Company; 
3. General Corporate Purposes. 

Company Financials      

Particulars          31-Mar-17 
Total Assets          769.37 
Total Revenue          323.63 
Profit After Tax          15.97 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Priti International Limited 
Plot No. F-43 
Basni Ist Phase, 
Jodhpur, 342001 
Phone: 0291- 2435699 
Email: info@pritiinternationalltd.com 
Website: http://www.pritiinternationalltd.com 

Priti International IPO Registrar 

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

Priti International 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 

ShreeOswal Seeds & Chemicals IPO: GMP, Price, Dates, Issue Size 

ShreeOswal Seeds & Chemicals IPO is set to make its debut on 7th June 18 with 11.90 Cr is a third-party logistics solutions provider.

ShreeOswal Seeds & Chemicals IPO – overview 

IPO Dates  7-12 June 18 
IPO Price  INR 26 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,576,000 shares (INR 11.90 crore) 
Minimum bid (lot size)  4000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

ShreeOswal Seeds & Chemicals IPO – Tentative Dates           

IPO Offer Opening Date  07 June 2018 
IPO Closing Date  12 June 2018 
Finalization of Basis of Allotment  14 June 2018 
Initiation of refunds  15 June 2018 
Transfer of shares to demat accounts  18 June 2018 
IPO Listing Date  19 June 2018 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 2002, Madhya Pradesh based ShreeOswal Seeds and Chemicals Limited is an ISO 22000:2005 certified company engaged in the business of production, processing, and sale of different kind of agricultural seeds like wheat,maize,soybean,mustard,etc. 

The Company processes various kinds of seeds at its processing unit located at Neemuch, Madhya Pradesh. It processes 5 varieties of wheat seeds, 5 varieties of soya bean seeds, 3 varieties of Mustard seeds, 1 variety of black gram, 1 variety of corn seeds and 1 Variety of isabgol/psyllium. The products are marketed under the brand name of OSWAL. Most of the sales are through its own Brand which contributed 66.00 %, 85.32 %, and 95.25 % respectively to the total sales for the financial year ended March 31, 2015, 2016, and 2017 respectively. 

ShreeOswal has a diversified customer base covering states like Bihar, Jharkhand, Maharashtra, Madhya Pradesh, Rajasthan, Uttar Pradesh, Delhi, and Punjab. The Company operates through a network of distributors and dealers and has an association with more than 114 dealers and distributors. 

Strengths of the Company- 

1. A diverse portfolio of seeds products 
2. Wide distribution network across many states 
3. Established brand name of OSWAL 

Objects of the Issue 

1. Purchase of New Plant & Machinery 
2. Funding the working capital requirements of the Company 
3. General corporate purposes. 

Company Contact Information 

ShreeOswal Seeds & Chemicals Limited 
Oswal House 
Nasirabad Highway, Village Kanwati 
Neemuch- 458441 , Madhya Pradesh 
Phone: +91 7423-297006 
Email: info@oswalseeds.com 
Website: http://www.oswalseeds.com 

ShreeOswal Seeds & Chemicals IPO Registrar 

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

ShreeOswal Seeds & Chemicals 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 

Sonam Clock IPO: GMP, Price, Dates, Issue Size 

Sonam Clock IPO is set to make its debut on 1 June 18 with 10.11 Cr is a third-party logistics solutions provider 

Sonam Clock IPO – overview 

IPO Dates  1-6 June 18 
IPO Price  INR 36 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,808,000 shares (INR 10.11 crore) 
Minimum bid (lot size)  3000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 

Company Overview    

 
Incorporated in 2001, Gujarat based Sonam Clock Limited is a company engaged in clock manufacturing. The company offers a wide range of table and wall clocks at various price points across the budget, mid-level and premium styles. As on February’18, it is offering LED digital clocks, LCD clocks, light sensor clocks, pendulum clocks, musical clocks, rotating pendulum musical clocks, sweep clocks, office clocks, designer clocks, alarm clocks, table clocks and regular clocks. 

Sonam also offers customized corporate clocks in bulk quantities for corporate gifting purposes. The products are sold mainly to clock dealers, retailers, corporates, gift and novelties stores, through which it reaches the end-consumers. The products are sold under the brand name of Sonam, ampm, and Lotus. In F.Y. 2016-17, the net revenue from operations comprised of Rs. 3792.85 lakhs of with approximately 40% comprised of export sales to Middle – East countries such as Dubai and Iraq. The company’s Manufacturing facility is in Morbi, Gujarat and has at present an installed production capacity of approximately 72 lakhs p.a. for clocks and 240 lakhs p.a. for clock movements. It is also engaged in the sale of clock parts which include clock movements, clock cases etc. 

The Company has employed 304 permanent full-time employees (including senior Management) at various levels of the Organization. 

Objects of the Issue 

1 Funding the Working Capital Requirements of the Company 
2. Repayment of Unsecured Loan availed by the Company 
3. General Corporate Expenses 
4. Issue Expenses 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          3,493.92 3,416.94 2,852.49 
Total Revenue          3,903.16 3,682.35 3,405.67 
Profit After Tax          80.70 268.11 40.99 

Company Contact Information 

Sonam Clock Limited 
: Survey No. 337/p, Morbi Rajkot Highway 
Village Lajai, Taluka Tankara, 
District Morbi – Gujarat – 363641, India 
Phone: +91-2822-285017 
Email: info@sonamquartz.com 
Website: http://www.sonamquartz.com/ 

Sonam Clock IPO Registrar 

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

Sonam Clock IPO Lead Manager(s) 

  1. Hem Securities Limited (Past IPO Performance) 

Lead Manager Reports 

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

Nakoda Group of Industries IPO: GMP, Price, Dates, Issue Size 

Nakoda Group of Industries IPO is set to make its debut on 23rd May 18 with 6.48 Cr s engaged in manufacturing tutti fruity (Diced Chelory) also called Papaya Preserve and canned fruit cubes which comes under the category of bakery products. 

Nakoda Group of Industries IPO – overview 

IPO Dates  23-29 May 18 
IPO Price  INR 35 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,852,00 shares (INR 6.48 crore) 
Minimum bid (lot size)  4000 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 the year 2013, Nagpur, Maharashtra based Nakoda Group of Industries Limited is engaged in manufacturing tutti fruity (Diced Chelory) also called Papaya Preserve and canned fruit cubes which comes under the category of bakery products. The company is also engaged in the processing of almonds and trading of sesame seeds, clove, cut peel murabba, karonda, daalchini and toor daal. 

As of March 2017, the company’s revenue from almond processing consists of 45.93%, manufacturing of tutti fruity consists of 23.92% and from trading consist of 30.14%. Out of the total revenue generated from manufacturing of Tutti Fruity i.e., 553.58 lakhs, 61.36% is generated from Exporting to London, Malaysia, Dubai, Saudi Arab and 38.64% is from the domestic sale. 

On 18 July 2016, Nakoda Group of Industries Limited took over the running business of M/s. Navkar Processors the sole proprietorship concern of the promoter Pravin Choudhary and subsequently 
the business of this proprietorship concern was merged into the Company. The manufacturing units of the company are in Nagpur. 

The company has 16 employees at the Registered Office and Manufacturing Unit. 

Objects of the Issue 

1. Purchase of Plant and Machinery 
2. Working Capital Requirement 
3. General Corporate Purpose 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          3,415.44 2,784.96 57.95 
Total Revenue          4,394.75 2,378.62 — 
Profit After Tax          99.48 48.24 — 

Company Contact Information 

Nakoda Group of Industries Limited 
239, 
Bagad Ganj, 
Nagpur 440008 
Phone: +91 0712 2778824 
Email: info@nakodas.com 
Website: http://www.nakodas.com 

Nakoda Group of Industries IPO Registrar 

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

Nakoda Group of Industries 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 

Megastar Foods IPO: GMP, Price, Dates, Issue Size 

Megastar Foods IPO is set to make its debut on 16th May 18 with 77.92 Cr is engaged in the manufacturing of food-based products such as wheat flour, organic wheat flour products, and allied flour products.

Megastar Foods IPO – overview 

IPO Dates  16-22 May 18 
IPO Price  INR 160 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,870,000 shares (INR 77.92 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

Megastar Foods IPO – Tentative Dates           

IPO Offer Opening Date  23 May 2018 
IPO Closing Date  25 May 2018 
Finalization of Basis of Allotment  30 May 2018 
Initiation of refunds  31 May 2018 
Transfer of shares to demat accounts  1 June 2018 
IPO Listing Date  4 June 2018 

Company Overview    


 
Incorporated in 2011, Megastar Foods Limited is engaged in the manufacturing of food-based products such as wheat flour, organic wheat flour products, and allied flour products. Basically, the company produces food products related to wheat i.e. Atta-wheat flour products, Maida-Fine wheat flour products, Suji/Rawa-Semolina, Chokar/Wheat Bran, Organic Atta, Organic Whole Wheat flour and Organic wheat flour etc. 

Megastar is an FSSC 22000 certified company for food safety systems including ISO 22000:2005, ISO 22002-1:2009 and additional FSSC 22000 requirements in respect of Processing (Pre-Cleaning, Cleaning, milling, Sifting) of Wheat products like Atta, Maida, Suzi, Bran and its packaging in HDPE laminated bags and Poly Pouch bags by Intertek Certification Limited, United Kingdom. The Company is having FSSAI license, Organic Certificate for in accordance with the requirements of India’s National 
Programme for Organic Production Standards by the Ecocert India Pvt. Limited, HALAL certified by HALAL India Pvt. Ltd etc. 

Megastar has a state-of-the-art wheat processing plant in Punjab, India, with an installed capacity of 81000 MT per year. The company has had 62 employees including Key Managerial Personnel. 

Objects of the Issue 

1 To Meet Working Capital Requirement 
2. General Corporate Purpose 
3. To Meet the Issue Expenses 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          3,160.33 3,081.85 2,007.93 
Total Revenue          9,776.25 7,804.31 4,450.16 
Profit After Tax          105.86 58.92 28.15 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Megastar Foods Limited 
Plot No. 807 
Industrial Area, Phase-II 
Chandigarh-160102 
Phone: +91-0172-5005024 
Email: info@megastarfoods.com 
Website: http://www.megastarfoods.com 

Megastar Foods IPO Registrar 

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

Megastar Foods IPO Lead Manager(s) 

  1. Swastika Investmart Ltd (Past IPO Performance) 

Lead Manager Reports 

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

Sirca Paints India IPO: GMP, Price, Dates, Issue Size 

Sirca Paints India IPO is set to make its debut on 16th May 18 with 77.92 Cr is a company engaged in marketing and trading/distributor of paints and allied products.

Sirca Paints India IPO – overview 

IPO Dates  16-22 May 18 
IPO Price  INR 160 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,870,000 shares (INR 77.92 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

Sirca Paints India IPO – Tentative Dates           

IPO Offer Opening Date  23 May 2018 
IPO Closing Date  25 May 2018 
Finalization of Basis of Allotment  30 May 2018 
Initiation of refunds  31 May 2018 
Transfer of shares to demat accounts  1 June 2018 
IPO Listing Date  4 June 2018 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Overview    

 
Incorporated in 2017, Delhi based Sirca Paints India Limited is a company engaged in marketing and trading/distributor of paints and allied products. It is the first Company to launch wood filler in India and opened its wholly owned branches in Mumbai and Chennai. 

Sirca procures the products majorly from SIRCA SPA ITALY through Import and sells them in India through its Distributors. In addition, the Company also procures the products (Thinner, Abrasives and Buffing Cream) from other suppliers based in India. Except for Thinner and Abrasives which are purchased from domestic 
suppliers, all other 100% Purchases are made from Outside India and the products which are purchased from domestic suppliers and sold out in India Only. 

Sirca Paints has entered into a Distributorship Contract with SIRCA SPA ITALY wherein the Company got the Exclusive Right to promote the sale of PU & Metal Coating under the trademark 
SIRCA in the territory of India, Sri Lanka, Bangladesh and Nepal with a minimum turnover of EURO 4,300,000 (Four Million three hundred thousand) and EURO 4,800,000 (Four million eight hundred thousand) to be achieved in the year 2018 and 2019 respectively. It has entered into a Manufacturing License Agreement with SIRCA S.P.A. Italy for manufacturing the following products in India, under the mark “SIRCA”. 
– Paints NC; 
– Paints AC; 
– Thinner; 
– Polyurethane Products. 

The company has 128 employees on its payroll. 

Objects of the Issue 

1. To finance the expenditure of Site/Plant Development and Purchase of Plant and Machinery 
2. To part finance incremental working capital requirements of the Company; 
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          6,131.25 4,507.57 3,341.52 
Total Revenue          8,434.17 7,266.09 6,976.85 
Profit After Tax          1,370.34 727.62 617.88 

Company Contact Information 

Sirca Paints India Limited 
504, NDM-II, 
Netaji Subhash Place Wazirpur, 
Pitampura, New Delhi-110034 
Phone: + 91-11-42083083 
Email: admin@sircapaints.com 
Website: http://www.sircapaints.com 

Sirca Paints IPO Registrar 

Kfin Technologies Limited 
 
Phone: 04067162222, 04079611000 
Email: einward.ris@karvy.com 
Website: https://karisma.kfintech.com/ 

Sirca Paints IPO Lead Manager(s) 

  1. Navigant Corporate Advisors Ltd (Past IPO Performance) 

Lead Manager Reports 

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

Innovators Facade Systems IPO: GMP, Price, Dates, Issue Size 

Innovators Facade Systems IPO is set to make its debut on 14th May 18 with 40.75 Cr is a company engaged in designing, engineering, fabrication, and installation of faade systems 

Innovators Facade Systems IPO – overview 

IPO Dates  14-16 May 18 
IPO Price  INR 72 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  5,660,800 shares (INR 40.75 crore) 
Minimum bid (lot size)  1600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Innovators Facade Systems IPO – Tentative Dates           

IPO Offer Opening Date  23 May 2018 
IPO Closing Date  25 May 2018 
Finalization of Basis of Allotment  30 May 2018 
Initiation of refunds  31 May 2018 
Transfer of shares to demat accounts  1 June 2018 
IPO Listing Date  4 June 2018 

Company Overview    

 
 
Incorporated in 1999, Maharastra based Innovators Faade Systems Limited is a company engaged in designing, engineering, fabrication, and installation of faade systems. The company offers total solutions to its customers with respect to their requirement of faade installation in complex projects. It specializes in technically demanding facades. With an operating history of more than eighteen years, the company has developed a brand image in the faade industry. 

The manufacturing facility of Innovators is situated at Wada, Maharashtra and is spread over 1,25,000 square feet. The product basket ranges from glazing /curtain walls, high-end doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing, & others. The registered office of the Company is situated at Mumbai, and it has 7 branch offices across India. 

Innovators Facade has a widespread presence and is executing projects in various states such as Maharashtra, Goa, Haryana, Karnataka, Tamil Nadu, Uttar Pradesh and West Bengal. The company has executed around 200 projects and has long-standing reputed clients across the construction industry. It has offered its services for varied type of construction projects including residential buildings, commercial complexes, IT Parks, airports, retail and pharma projects. The company has a recognized list of clients including M/s. Hiranandani Realtors Pvt. Ltd., M/s. Relcon Infraprojects Limited, M/s. Larsen & Toubro Limited, M/s. Grauer & Weil (I) Limited etc. among others. 

The current manpower strength is 198 employees out of which the company has 76 personnel including Executive directors, accountants, administrative executives, supervisors, Estimation and designer, 6 business development, marketing and sales personnel and 6 employees in the purchase department. 

Objects of the Issue 

1. Upgradation and modernization of existing manufacturing facility 
2. Funding the working capital requirements of the Company 
3. General corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          13,873.29 12,817.78 12,607.20 
Total Revenue          10,235.96 9,438.88 9,204.92 
Profit After Tax          186.01 167.64 316.76 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Innovators Facade Systems Limited 
204, B-65, Sector No 1, 
Shanti Nagar, Mira Road (East), 
Thane- 401107 
Phone: 022- 28132151 
Email: investors@innovators.in 
Website: http://www.innovators.in 

Innovators Facade Systems IPO Registrar 

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

Innovators Facade Systems 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