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Taylormade Renewables IPO: GMP, Price, Dates, Issue Size 

Taylormade Renewables IPO is set to make its debut on 28 March 18 with 7.48 cr is a retailer, wholesaler and exporter of gold jewelry. The company has a retail outlet in Mumbai. 

Taylormade Renewables IPO – overview 

IPO Dates  22-27 March 18 
IPO Price  INR 35 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  3,240,000 shares (INR 11.34 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 2010, Taylormade Renewables Limited is a Gujarat based company engaged in providing renewable energy solutions. The company specializes in manufacturing of Solar Parabolic Concentrating Systems for steam generation used in steam cooking and other industrial application, direct or in-direct heating, including solar air-conditioning, and solar space heating, solar drying, solar waste water evaporation and many more applications requiring thermal energy. 

Taylormade also manufactures Solar Dish Cooker, Solar Box Cooker, Solar Dryer, Biomass cook stoves and biomass gasifiers, air source heat pumps, solar thermic fluid cooking system, evacuated tube collectors with and without CPC reflector. 

In 2017, the company shifted our manufacturing unit from Valsad to our present location situated at Kerala Industrial Estate, Ahmedabad which is spread over to an area measuring 1710.00 sq. mtrs. 

As on March 15, 2018, the company has 54 employees to look after our business operations, production and factory management. 

Objects of the Issue 

1 Long-term working capital requirements of our Company. 
2. General corporate purposes. 
3. Issue Expense 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          1,059.30 790.49 442.54 
Total Revenue          1,819.12 1,210.82 840.79 
Profit After Tax          45.42 7.36 3.07 

Company Contact Information 

Taylormade Renewables Limited 
705, Shapath – II , Opp. Rajpath Club 
S.G. Road, Bodakdev 
Ahmedabad- 380054 
Phone: +91 79 40040888 
Email: cs@tss-india.com 
Website: http://www.trlindia.com 

Taylormade Renewables IPO Registrar 

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

Taylormade Renewables 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 

S.S. Infrastructure Development Consultants IPO: GMP, Price, Dates, Issue Size 

S.S. Infrastructure Development Consultants IPO is set to make its debut on 28 March 18 with 7.48 cr is engaged in the business of Engineering Consultancy and is an Integrated Infrastructure Development solution provider in India. 

S.S. Infrastructure Development Consultants IPO – overview 

IPO Dates  28 March – 5 April 18 
IPO Price  INR 32 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,340,000 shares (INR 7.48 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

S.S. Infrastructure Development Consultants IPO – Tentative Dates           

IPO Offer Opening Date  28 March 2018 
IPO Closing Date  5 April 2018 
Finalization of Basis of Allotment  10 April 2018 
Initiation of refunds  11 April 2018 
Transfer of shares to demat accounts  12 April 2018 
IPO Listing Date  13 April 2018 

Company Overview    

 
Incorporated in 2007, Hyderabad based S.S. Infrastructure Development Consultants Private Limited is engaged in the business of Engineering Consultancy and is an Integrated Infrastructure Development solution provider in India. The Company provides Architectural Planning, Comprehensive Civil/Structural designs, Project Management Consultancy, Repairs and Rehabilitation, Quality Management Systems through well-qualified teams and experienced promoters. 

S.S Infrastructure mainly participates in the tenders floated by the Government authorities, Corporate establishments and other business entities. It has executed large projects for organizations like Cyient Limited (formerly known as 
Infotech Enterprises Limited), Granules India Limited and Government Organizations. 

The strengths of the company are- 

1. Expertise in structural designing 
consulting services. 
2. Vintage with the Defense and other 
organization 
3. High-Value Order book 
4. Experienced Management Team, 
Promoters and Board of Directors 

The company has 115 employees on its payroll. 

Objects of the Issue 

1 Renovation of existing offices and Opening of new branch office; 
2. Purchasing of software and hardware; 
3. Repayment of Secured & Unsecured loans availed by the Company; 
4. Funding the working capital requirements of the Company; 
5. General Corporate Purposes 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          2,637.68 2,304.83 2,093.41 
Total Revenue          2,467.66 2,661.74 2,831.21 
Profit After Tax          380.27 342.21 382.51 

Company Contact Information 

S.S. Infrastructure Development Consultants Limited 
Flat No. 15 
Jabbar Buildings, Begumpet 
Hyderabad- 500 016 
Phone: +91 040 66310224 
Email: info@ssidcon.org 
Website: http://www.ssidcon.org 

S.S. Infrastructure IPO Registrar 

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

S.S. Infrastructure 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 

Vera Synthetic IPO: GMP, Price, Dates, Issue Size 

Vera Synthetic IPO is set to make its debut on 28 March 18 with 5.34cr is engaged in providing a wide range of contracting based services in the field of Electrical, Mechanical and Instrumentation Engineering. 

Vera Synthetic IPO – overview 

IPO Dates  28 March – 4 April 18 
IPO Price  INR 40 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,335,000 shares (INR 5.34 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 2000, Gujarat based Vera Synthetic Limited is engaged in manufacturing of Fishing Nets, PP Yarns, PP/HDPE Ropes, PP Twines and Niwar. The company manufactures and markets its products under its flagship brand “Sujlon”. The products are primarily used in the fishing sector and other allied uses thereon. 

At present Vera caters only to domestic markets. The company has dealers, traders and distributors spread across different regions of the Country. It sells its products either directly to traders/fishermen or through its distribution network in Gujarat, Maharashtra, Kerala, Karnataka, Andhra Pradesh, West Bengal, Delhi, Bihar, Rajasthan, etc. 

The company’s manufacturing facility is divided into two units namely Division I and Division II (situated at Mamsa, Gujarat). 

As on January 31, 2018, the Company had 88 employees on its payroll. 

Objects of the Issue 

1 Funding the working capital requirements of the Company 
2. General corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          863.60 731.78 705.79 
Total Revenue          1,844.22 2,195.12 2,449.42 
Profit After Tax          34.43 27.40 4.78 

Company Contact Information 

Vera Synthetic Limited 
Office No. UL-27 
Pattani Plaza, Devubag, 
Dairy Road, Bhavnagar – 364002 
Phone: 0278-2525434 
Email: info@sujlonropes.com 
Website: http://www.sujlonropes.com 

Vera Synthetic IPO Registrar 

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

Vera Synthetic 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 

Narmada Agrobase IPO: GMP, Price, Dates, Issue Size 

Narmada Agrobase IPO is set to make its debut on 28 March 18 with 7.48 cr is a Gujarat based company engaged in manufacturing & processing of cottonseed meal cake, cattle feed and soya bean meal.

Narmada Agrobase IPO – overview 

IPO Dates  28 March – 11 April 18 
IPO Price  INR 32 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,340,000 shares (INR 7.48 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

Company Overview    

 
Incorporated in 2013, Narmada Agrobase Limited is a Gujarat based company engaged in manufacturing & processing of cottonseed meal cake, cattle feed and soya bean meal. The products manufactured by the company are used for the feeding of cattle which provides a high number of proteins and other nutrients required by them. Also, the by-products of the Products are used in textiles Industry, Consumer Goods Industry, and Paper Industry. 

The company manufactures and exports its products under the brand name of “Churma” and “Gaay Chhaap Narmada Pashu Aahar”. 

Narmada Agrobase has 9 employees (including Registered Office Staff and Factory Workmen and Corporate Office) on 
payroll and it also hires contract labor in the factories as per requirement. 

Objects of the Issue 

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

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          1,367.01 1,072.64 896.18 
Total Revenue          3,444.89 3,070.72 2,203.68 
Profit After Tax          30.29 18.90 13.88 

Company Contact Information 

Narmada Agrobase Limited 
310, Sudarshan Complex, 
Mithakhali Underbridge, Navrangpura 
Ahmedabad – 380009 
Phone: +91-79-4037 0886 
Email: cs@narmadaagrobase.com 
Website: http://www.narmadaagrobase.com 

Narmada Agrobase IPO Registrar 

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

Narmada Agrobase IPO Lead Manager(s) 

  1. Corporate Capitalventures Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

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

Narmada Agrobase IPO: GMP, Price, Dates, Issue Size 

Narmada Agrobase IPO is set to make its debut on 28 March 18 with 7.48 cr is engaged in providing a wide range of contracting based services in the field of Electrical, Mechanical and Instrumentation Engineering. 

Narmada Agrobase IPO – overview 

IPO Dates  28 March – 11 April 18 
IPO Price  INR 32 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,340,000 shares (INR 7.48 crore) 
Minimum bid (lot size)  4000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 

Company Overview    

 
Incorporated in 2013, Narmada Agrobase Limited is a Gujarat based company engaged in manufacturing & processing of cottonseed meal cake, cattle feed and soya bean meal. The products manufactured by the company are used for the feeding of cattle which provides a high number of proteins and other nutrients required by them. Also, the by-products of the Products are used in textiles Industry, Consumer Goods Industry, and Paper Industry. 

The company manufactures and exports its products under the brand name of “Churma” and “Gaay Chhaap Narmada Pashu Aahar”. 

Narmada Agrobase has 9 employees (including Registered Office Staff and Factory Workmen and Corporate Office) on 
payroll and it also hires contract labor in the factories as per requirement. 

Objects of the Issue 

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

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          1,367.01 1,072.64 896.18 
Total Revenue          3,444.89 3,070.72 2,203.68 
Profit After Tax          30.29 18.90 13.88 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Narmada Agrobase Limited 
310, Sudarshan Complex, 
Mithakhali Underbridge, Navrangpura 
Ahmedabad – 380009 
Phone: +91-79-4037 0886 
Email: cs@narmadaagrobase.com 
Website: http://www.narmadaagrobase.com 

Narmada Agrobase IPO Registrar 

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

Narmada Agrobase IPO Lead Manager(s) 

  1. Corporate Capitalventures Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

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

Bandhan Bank IPO:GMP, Issue Size, Issue Price and Important dates

Bandhan Bank IPO is commercial bank focused on micro banking and general banking services and is all set to make a debut in the stock market with an issue size of 4473.02 Cr.  

Bandhan Bank IPO – Overview    

 Issue Date           15-19 March 2018 
Bandhan Bank IPO Opening Date           15 March 2018 
Bandhan Bank IPO Face Value           INR 10 per share           
Bandhan BankIPO Price           INR 375 per share          
Bandhan Bank IPO Lot Size           40 Shares          
Issue Size           4473.02   Cr      
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE
QIB Shares Offered             38.68 times 
NII (HNI) Shares           13.89 times 
Company Promoters           
Karda Construction IPO

Tentative Dates           

Bandhan Bank IPO opening date           15 March 2018  
Bandhan Bank IPO closing date           19 March 2018  
Basis of Allotment           22 March 2018 
Initiation of Refunds           23 March 2018 
The credit of Shares to Demat          26 March 2018 
Bandhan Bank IPO Listing Date           27 April 2018 

Bandhan Bank IPO- Company Overview    

Bandhan Bank Limited is Kolkata, West Bengal based commercial bank focused on micro banking and general banking services. Bandhan Bank has a license to provide banking services pan-India across customer segments. Bank offer a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services to generate non-interest income. 

With the a network of 2,546 doorstep service centres (DSCs) and 9.47 million micro loan customers, the bank has strong very hold in microfinance. Bandhan bank has 864 bank branches and 386 ATMs serving over 1.87 million general banking customers. Banks distribution network is strong in East and Northeast India, with West Bengal, Assam and Bihar. 

Bandhan Bank Products: 
1. Retail loans including micro loans, SME loans and small enterprise loans 
2. Savings accounts, current accounts and a variety of fixed deposit accounts 
3. Other banking products and services including debit cards, internet banking, mobile banking, EDC-POS terminals, online bill payment services and the distribution of third-party general insurance products and mutual fund products. 

Bandhan Bank IPO- Industry Overview    

The systemic credit in India (including banks and NBFCs) is dominated by public sector banks, which account for approximately 55% share of the total credit. Private banks have approximately one-fifth of the credit share. On the other hand, NBFCs account for approximately 18% of the system’s credit share, primarily because of NBFCs’ strong presence in the housing, infrastructure, and auto sectors. Regional rural banks are very small and account for just 2% of total systemic credit. Credit co-operatives, on the other hand, hold a 7% share of total systemic credit, distributed between urban and rural co-operatives 

 Bandhan Bank IPO-Objectives           

  • The object of the fresh issue is to augment the Bank’s Tier-I capital base to meet the Bank’s future capital requirements. 
  • The Selling Shareholders will be entitled to the respective portion of the proceeds of the Offer for Sale. 

Bandhan Bank IPO- Financial Statements          

Bandhan Bank IPO – Strength  

  • Operating Model Focused on Serving Underbanked and Underpenetrated Markets (microfinance) 
  • Consistent Track Record of Growing a Quality Asset and Liability Franchise. 
  • Extensive, Low-Cost Distribution Network. 
  • Provide accessible, simple, cost-effective and innovative financial solutions. 
  • Robust Capital Base. 
  • Maintaining focus on micro lending while expanding further into other retail and SME lending. 

Company Contact Information 

Bandhan Bank Limited 
DN 32, Sector V, 
Salt Lake, 
Kolkata 700 091 
Phone: 033 6609 0909 
Email: investors@bandhanbank.com 
Website: https://www.bandhanbank.com/ 

Bandhan Bank IPO Registrar 

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

Lead Manager(s) 

  1. Axis Bank Limited (Past IPO Performance) 
  1. Goldman Sachs (India) Securities Private Limited (Past IPO Performance) 
  1. J.P. Morgan India Private Limited (Past IPO Performance) 
  1. JM Financial Limited (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 

Hindustan Aeronautics IPO:GMP, Issue Size, Issue Price and Important dates

Hindustan Aeronautics IPO company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures and is all set to make a debut in the stock market with an issue size of 4144.06 Cr.  

Hindustan Aeronautics IPO – Overview    

 Issue Date           16-20 March 2018 
IPO Opening Date           16 March 2018 
IPO Face Value           INR 10 per share           
IPO Price           INR 1125 per share          
Lot Size           12 Shares          
Issue Size           4144.06 Cr      
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE
QIB Shares Offered             14.50 times 
NII (HNI) Shares           6.39 times 
Company Promoters           Promoter of HAL is the President of India, acting through the Department of Defence Production, Ministry of Defence. 
Karda Construction IPO

Tentative Dates           

IPO opening date           16 March 2018  
IPO closing date           20 March 2018  
Basis of Allotment           26 March 2018 
Initiation of Refunds           27 March 2018 
The credit of Shares to Demat          27 March 2018 
Listing Date           28 April 2018 
Karda Construction IPO

Company Overview    

HAL is Bengaluru based Defense Public Sector Undertakings (DPSU) company engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories and aerospace structures.

HAL is ‘Navratan’ company since June 2007and the largest DPSU. HAL is the 39th largest aerospace company in the world in terms of revenue. 

Industry Overview    

The defense sector in India primarily consists of DPSUs, the OFB, Defense Research and Development Organization (“DRDO”) and to a lesser extent private companies. DPSUs and the OFB are state-owned defense enterprises of the Department of Defense Production, MoD. 

 Objectives           

  • To carry out the disinvestment of 34,107,525 Equity Shares by the Selling Shareholder constituting 10% of the Companys Pre-Offer paid up Equity Share capital the Company 
  • To achieve the benefits of listing Equity Shares on the Stock Exchanges. 

Financial Statements          

Strength  

  • Experience of over 5 decades in research, design and development, manufacturing and maintenance, repair and overhaul services. 
  • Established track record in offering product life cycle support. 
  • 11 dedicated R&D Centre’s. The company owns one trademark, seven patents, six design registrations and 44 copyrights. 
  • Largest DPSU in terms of value of production. 
  • Diversified product portfolio which includes fighter aircraft, trainer aircraft, transport aircraft, military helicopter and civil helicopters and their engines, avionics and accessories. 

Company Contact Information 

Hindustan Aeronautics Limited 
15/1 Cubbon Road, 
Bengaluru 560 001 
 
Phone: +91 (80) 2232 0001 
Email: investors@hal-india.com 
Website: http://www.hal-india.com/ 

Registrar 

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

Lead Manager(s) 

  1. Axis Capital 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 

Lemon Tree Hotels IPO:GMP, Issue Size, Issue Price and Important dates

Lemon Tree Hotels IPO is a leading non-banking finance company and is all set to make a debut in the stock market with an issue size of 1038.68 Cr.   

IPO – Overview    

 Issue Date           26-28 March 2018 
Lemon Tree Hotels IPO Opening Date           26 March 2018 
Lemon Tree Hotels IPO Face Value           INR 10 per share           
Lemon Tree Hotels IPO Price           INR 56 per share          
Lemon Tree Hotels IPO Lot Size           265 Shares          
Issue Size           1038.68 Cr      
Offer for sale  
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE
QIB Shares Offered             3.88 times 
NII (HNI) Shares           0.12 times 
Company Promoters           The Promoters of the Company are Mr. Patanjali Govind Keswani and SMSPL. The Promoters hold, in the aggregate, 184,784,311 Equity Shares which constitutes 23.49% of the Company’s Pre-Offer paid-up Equity Share capital.  
 
XELPMOC DESIGN AND TECH IPO

Tentative Dates           

Lemon Tree Hotels IPO opening date           26 March 2018  
Lemon Tree Hotels IPO closing date           28 March 2018  
Basis of Allotment           4 April 2018 
Initiation of Refunds           5 April 2018 
The credit of Shares to Demat          6 April 2018 
Lemon Tree Hotels IPO Listing Date           9 April 2018 

Company Overview    

It is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, based on controlling interest in owned and leased rooms, as of 30 June 2017. 

The company operates in the mid-priced hotel sector and its hotels are located across India, in metro regions, including the NCR, Bengaluru, Hyderabad and Chennai, as well as tier I and tier II cities such as Pune, Ahmedabad, Chandigarh, Jaipur, Indore and Aurangabad. 

Industry Overview    

International hotel companies have about 50% of the total chain-affiliated supply in India, while their share of supply in the mid-priced hotel sector is only 33.7%. Four of the top five chains in this sector are domestic chains, ITC Hotels (Fortune hotels), Sarovar, Lemon Tree and Taj (Ginger hotels). Only Accor (Ibis, Ibis Styles, Formule One and Mercure), among the international chains, is in the top 5 position. Accor had the largest inventory growth between the fiscal year 2007 and the fiscal year 2017, followed by Lemon Tree and Sarovar both of which had similar inventory additions. 

LEMON TREE HOTELS

 IPO-Objectives           

  • Achieve the benefits of listing Equity Shares on the Stock Exchanges. 
  • Sale of up to 195,797,000 Equity Shares by the Selling Shareholders. 

Financial Statements          

Particulars          31-March-17 31-Mar-16 31-Mar-15 
Total Assets          13,602.13 13,112.89 12,965.17 
Total Revenue          2,237.65 1,945.47 2,242.02 
Profit After Tax          53.52 -163.36  – 10.40 

Strengths          

  • ‘Its Premier’, which is targeted primarily at the upper-midscale hotel segment catering to business and leisure 
    guests who seek to use hotels at strategic locations and are willing to pay for premium service and hotel properties. 
  • ‘Red Fox by Lemon Tree Hotels’ which is targeted primarily at the econom hotel segment. 

Company Contact Information 

Lemon Tree Hotels Limited 
One Indiabulls Center, 20th Floor, 
Tower 2A, Jupiter Mills Compound 
Senapati Bapat Marg, Mumbai 400 013 
Phone: + 91 22 4315 7000 
Email: investor.relations@indostarcapital.com 
Website: http://www.indostarcapital.com/ 

Registrar 

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

Lead Manager

  1. JM Financial Limited (Past IPO Performance) 
  1. Kotak Mahindra Capital Company Limited (Past IPO Performance) 
  1. Morgan Stanley India Company Pvt Ltd (Past IPO Performance) 
  1. Motilal Oswal Investment Advisors Pvt Ltd (Past IPO Performance) 
  1. Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance) 

Lead Manager Reports 

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

Sorich Foils IPO: GMP, Price, Dates, Issue Size 

Sorich Foils IPO is set to make its debut on 25th March 18 with 8.90 Cr is a company engaged in manufacturing and supplying a varied range of Aluminium Foils

Sorich Foils IPO – overview 

IPO Dates  24-25 May 18 
IPO Price  INR 16 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,500,000   shares (INR 4 crore) 
Minimum bid (lot size)  8000 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 2011, Gujarat based Sorich Foils Private Limited is a company engaged in manufacturing and supplying a varied range of Aluminium Foils for Blister, Strip Foils, Cold Forming Foil, Coated Glassine Paper for Blister, Laminated Glassine Paper for Strip Pack, Child Resistant (CR) Foils, Aluminium Lid Foils, Triple Laminates, Flexible Packaging for Pharma & Food Industries, also FMCG packaging materials. These products are widely applicable in different industries such as Pharmaceutical Industries, FMCG packaging, Food and dairy industries, Confectionery / Chocolate industries & Personal Care Packaging. 

The manufacturing facilities of the Company is currently located in Valsad, Gujrat. The company has 38 employees on its payroll. 

Objects of the Issue 

1. To meet the working capital requirement; and 
2. To meet the expenses of the Issue 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          1,599.39 1,663.38 1,528.47 
Total Revenue          2,659.08 2,689.88 2,506.66 
Profit After Tax          32.85 18.86 22.48 

Company Contact Information 

Sorich Foils Limited 
Plot No. 4802/1, Plastic Zone 
GIDC, Sarigam, Tal: Umbergaon, 
Dist: Valsad, Gujrat-396155 
Phone: +91 260 2780670 
Email: cs@sorichfoils.in 
Website: http://www.sorichfoils.in 

Sorich Foils IPO Registrar 

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

Sorich Foils IPO Lead Manager(s) 

  1. Saffron Capital Advisors Private Limited (Past IPO Performance) 

Lead Manager Reports 

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

MMP Industries IPO: GMP, Price, Dates, Issue Size 

MMP Industries IPO is set to make its debut on 23 March 18 with 84.60 cr is a Nagpur, Maharashtra based company engaged in manufacturing of aluminium products. 

MMP Industries IPO – overview 

IPO Dates  23-March – 4 April 18 
IPO Price  INR 188 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,500,000 shares (INR 84.60 crore) 
Minimum bid (lot size)  600 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 

Company Overview    

Incorporated in 1973, MMP Industries Limited is a Nagpur, Maharashtra based company engaged in manufacturing of aluminium products. Company’s aluminium product range includes pyro and flake aluminium powders, atomised aluminium powders, aluminium pastes, aluminium conductors (all aluminium, alloy aluminium and aluminium steel reinforced). 

Aluminium powders (pyro, flake and atomised) are used in many industrial sectors like construction (AAC Blocks) and mining (Aluminised slurry explosives), agriculture (pesticides), defence (ammunition), fire crackers, railways (thermit portions) etc. Aluminium pastes are used in automotive, decorative and industrial paints. Aluminium Conductors are consumed by the power sector for laying of overhead transmission lines. 

With over 3 decades of experience MMP Industries has developed in depth ability to understand process related problems and fine tuning of its products to suit customer needs. 

Objects of the Issue 

1 Setting up a new facility for manufacturing of Atomised Aluminium Powder, Pyro and flake Aluminium Powder and Aluminium Foils 
2. Prepayment or repayment of a portion of loan facilities availed by the Company 
3. General Corporate Purposes 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          8,352.23 6,996.76 6,096.39 
Total Revenue          19,485.88 19,229.25 18,331.70 
Profit After Tax          443.34 380.16 319.31 

Company Contact Information 

MMP Industries Limited 
211, Shrimohini 345, 
Kingsway, Nagpur 440 001 
 
Phone: +91 712 252 4645/ 253 358 
Email: companysecretary@mmpil.com 
Website: http://www.mmpil.com/ 

MMP Industries IPO Registrar 

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

MMP Industries IPO Lead Manager(s) 

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

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