Home Blog Page 67

Giriraj Civil Developers IPO: GMP, Price, Dates, Issue Size 

Giriraj Civil Developers IPO is set to make its debut on 19 March 18 with 9cr is a Mumbai based civil works contracting and engineering company. 

Giriraj Civil Developers IPO – overview 

IPO Dates  19-21 March 18 
IPO Price  INR 100 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  9,000,000 shares (INR 9 crore) 
Minimum bid (lot size)  1200 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 

Company Overview    

Incorporated in 2005, Giriraj Civil Developers Ltd is a Mumbai based civil works contracting and engineering company. The company is also engaged in trading activities, wherein they trade construction materials, mainly steel and cement. 

Currently they are doing Railway sector projects where they undertake a wide scope of work which includes construction of foot over bridges, platform extensions; sick line sheds, stabling lines etc. They are also engaged in infrastructural projects for government / semi-government bodies like MCGM and MRVC and for various private players. 

The Company’s main projects undertaken are in the states of Maharashtra and Gujarat. Currently it has 21 ongoing projects. Giriraj Civil also has Joint Ventures (JV) and consortiums with other infrastructure and construction companies. 

As on December 31, 2017, the company had 34 employees. 

Objects of the Issue 

1. Repayment of unsecured loans; 
2. Expenditure for general corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          6,436.20 4,509.10 3,695.16 
Total Revenue          4,527.02 4,821.48 4,995.42 
Profit After Tax          178.79 175.00 189.48 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Company Contact Information 

Giriraj Civil Developers Ltd 
101 Jaitirth Co-Op. Hous. Society, 
Road No.10 Borivali (East), 
Mumbai – 400066 
Phone: + 91-22-28906356 
Email: info@giriraj.biz 
Website: http://www.giriraj.biz.com 

Giriraj Civil Developers IPO Registrar 

Cameo Corporate Services Limited 
 
Phone: +91-44-28460390 
Email: cameo@cameoindia.com 
Website: https://ipo.cameoindia.com/ 

Giriraj Civil Developers 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 

Karda Construction IPO:GMP, Issue Size, Issue Price and Important dates

Karda Construction IPO is engaged in construction business and is all set to make a debut in the stock market with an issue size of 77.4 Cr.   

Karda Construction IPO – Overview    

 Issue Date           16-21 March 2018 
Karda Construction IPO Opening Date           21 March 2018 
Karda Construction IPO Face Value           INR 10 per share           
Karda Construction IPO Price           INR 180 per share          
Karda Construction IPO Lot Size           80 Shares          
Issue Size           77.4 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           The Promoters of the Company are: 1. Mr. Naresh Karda  
XELPMOC DESIGN AND TECH IPO

Tentative Dates           

IPO opening date           16 March 2018  
IPO closing date           21 March 2018  
Basis of Allotment           26 March 2018 
Initiation of Refunds           27 March 2018 
The credit of Shares to Demat          28 March 2018 
IPO Listing Date           2 April 2018 

Company Overview    

Karda Constriction Limited is engaged in construction business. They are a real estate development company which develops and sells residential and residential-cum-office projects in Nashik, India. 

The company has successfully completed and delivered 15 residential projects and office space projects like Hari Smruti, Hari Amantran, Hari Shrushti, Hari Kunj, Hari NiwasHari Niketan, Hari Sankalp etc. They currently have 13 Ongoing and 3 Planned projects. 

Industry Overview    

The sector post-introduction of Real Estate (Regulation and Development) Act (RERA) is on the path to transformation, especially for the residential real estate segment. Some of the new regulations under RERA include disallowing the common practice among many developers of pre-launching projects without getting requisite approvals from the local authorities, making project registration mandatory with the regulator, and developers will have to disclose approval status, project layout and timeframe for completion to the regulator as well as customers.

Additionally, to curb diversion of funds the developer will now have to deposit 70% of the project funds in a separate account which can only be used for the earmarked project. The Act also restricts developers from changing plans post approvals without the consent of the buyers, further empowering the buyers. 

Objectives Of The Issue           

  • Part repayment of overdraft facilities. 
  • Part repayment of term loans. 
  • General corporate purpose. 
  • Issue related expenses. 

Financial Statements          

Company Contact Information 

Karda Construction Ltd 
2nd Floor Gulmohar Status, 
Above Business Bank, 
Samarth Nagar, Nashik – 422005 
Phone: +91� 253 � 235 1090 
Email: admin@kardaconstruction.com 
Website: http://www.kardaconstruction.com 

Registrar 

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

Lead Manager(s) 

  1. Aryaman Financial Services limited (Past IPO Performance) 

Lead Manager Reports 

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

Advitiya Trade India IPO: GMP, Price, Dates, Issue Size 

Advitiya Trade India IPO is set to make its debut on 16th March 18 with 4.31 cr is Pahar Ganj, Central Delhi based company engaged in the trading of glass products, aluminum products, cotton fabrics, Printing Machines and other products. 

Advitiya Trade India IPO – overview 

IPO Dates  16-20 March 18 
IPO Price  INR 15 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,872,000 shares (INR 4.31 crore) 
Minimum bid (lot size)  1200 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 2017, Advitiya Trade India Limited is Pahar Ganj, Central Delhi based company engaged in the trading of glass products, aluminum products, cotton fabrics, Printing Machines and other products. The promoters of the company have been in this business through family proprietary concerns. The promoter family has been operating under various other proprietary concerns in a similar line of business since 1996. 

Company’s strengths 


1. Experienced Promoters and a well-trained employee base. 
2. Strong Balance Sheet and Financial Condition with low debt and high equity. 
3. Existing relationships help a company to get repeat business from its customers. 

Objects of the Issue 

1 Working Capital Requirements; 
2. Funding expenditure for General Corporate Purposes 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 
Total Assets          1,507.84 98.20 
Total Revenue          1,971.75 – 
Profit After Tax          36.34 -4.89 

Company Contact Information 

Advitiya Trade India Limited 
2814/6 Ground Floor, Chuna Mandi, 
Paharganj, Central Delhi, 
New Delhi – 110055 
Phone: +91 11 4953 6409 
Email: info@advitiyatradeindia.com 
Website: http://www.advitiyatrade.com/ 

Advitiya Trade IPO Registrar 

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

Advitiya Trade 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 

Uravi T and Wedge Lamps IPO: GMP, Price, Dates, Issue Size 

Uravi T and Wedge Lamps IPO is set to make its debut on 16th March 18 with 28.99cr is a Mumbai based company engaged in manufacturing and distribution of lamps and lighting products. 

Uravi T and Wedge Lamps IPO – overview 

IPO Dates  16-20 March 18 
IPO Price  INR 100 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,500,000 shares (INR 15 crore) 
Minimum bid (lot size)  1200 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 the year 2004, Uravi T and Wedge Lamps Limited, is a Mumbai based company engaged in manufacturing and distribution of lamps and lighting products with core focus on automotive lamps and instrument cluster lighting. 

The company specializes in manufacturing and distributing Stop and Tail Lamps /Signal Lamps /Indicator Lamps and Wedge Lamps for Two-wheelers, Four-wheelers, Tractors and Industrial applications for various Indian automobile manufacturers. It is ISO/TS certified and hold certifications from the Automotive Research Association of India and E-mark for the products manufactured. 

Uravi has recently entered into a co-operation agreement with a Philippines based company named Global Lighting Phils. Inc for developing LED lighting products vertical of our company. The LED lamps are manufactured by Global Lighting Phils. Inc. under the brand name UVAL and are imported, distributed and sold in India by the company. 
 
The company began its operations with a rented manufacturing unit at Navi Mumbai in Maharashtra and subsequently purchased manufacturing units at Bhiwandi, Thane and shifted the manufacturing operations to this unit. Recently it acquired factory premises on a long lease basis in Kathua, situated in the State of Jammu and Kashmir. 

As on September 30, 2017, the Company had 105 employees on payroll and 180 employees on contract basis. 

Objects of the Issue 

1.Funding Long-Term Working Capital Requirement 
2.Funding expenditure for General Corporate Purposes 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          3,047.76 3,312.90 3,297.58 
Total Revenue          2,916.32 2,959.67 2,735.65 
Profit After Tax          104.90 93.65 82.55 

Company Contact Information 

Uravi T and Wedge Lamps Ltd 
Shop No. LG-20 
Lower Ground, Avior, Nirmal Galaxy 
L.B.S. Marg, Mulund West, Mumbai- 400 080 
Phone: +91 � 22 � 2565 1355 
Email: info@uravilamps.com 
Website: http://www.uravilamps.com 

Uravi T and Wedge Lamps IPO Registrar 

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

Uravi T and Wedge Lamps 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 

Ridings Consulting Engineers India IPO: GMP, Price, Dates, Issue Size 

Ridings Consulting Engineers India IPO is set to make its debut on 14th March 18 with 6.22 cr is a Delhi based company engaged in providing Geospatial Services. 

Ridings Consulting Engineers India IPO – overview 

IPO Dates  14-16 March 18 
IPO Price  INR 18 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  3,640,000 shares (INR 6.22 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 1995, Ridings Consulting Engineers India Limited is a Delhi based company engaged in providing Geospatial Services which includes Sub Surface Utility Engineering (SUE) Survey/ Ground-penetrating radar (GPR) Survey, Geographic Information Systems and Geospatial database development (GIS & Mapping Solution), Geospatial -Marketing consulting and planning, Training (GIS/ AutoCAD/ Arc Suite/ GPR/ EPL & DGPS/Total Station), Geographic Information Systems for Utilities (Power, Water & Telecom) and Land surveying and Geospatial Data (Digital & large Scale Geospatial Data) etc. Basically Geographic Information Systems (GIS) applications including mapping of utilities such as electrical network, telecom network, water supply and sewerage systems.

The company provide services in the field such as GPR (Ground Penetrating Radar) / Sue Survey, Navigation Survey, Property Tax Surveys, Land Usage Surveys, Investigative Surveys (gather competition, market penetration data), Socio-Economic Surveys, Geospatial Application Development and Services which directly provide services to various private sector, Semi Government & Government entities in field of telecom, oil and gas, public utilities etc. in India, Bahrain and other Gulf countries. 
 
The company is an ISO 9001:2015 certified company for providing training and services in the field of Topographical Ground Survey, Cartography, Digitization, Data Base, Software Development/Customization, GIS, Development, all type of Engineering, Survey/design and Remote sensing and Digital Photogrammetry Applications. 

Ridings Consulting Engineers has maintained a long-standing relationship with major customers such as Reliance Jio, Airtel, L&T, TCS, Tom Tom, HERE (formerly NavTeq), Reliance ADA, TATA, Jacobs Zate, Mott McDonald, various government municipalities and utility providing agencies etc. 

As on September 30, 2017, the company had 82 employees including Key Managerial Personnel. 

Objects of the Issue 

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

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          2,358.79 2,252.43 1,925.27 
Total Revenue          1,690.14 1,427.25 1,357.20 
Profit After Tax          101.75 52.09 106.88 

Company Contact Information 

Ridings Consulting Engineers India Ltd 
Office No. F-24, First Floor 
Pankaj Grand Plaza 
Mayur Vihar-I, Delhi � 110091 
Phone: +91-120-4694500 
Email: info@ridingsindia.com 
Website: http://www.ridingsindia.com 

Ridings Consulting Engineers IPO Registrar 

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

Ridings Consulting Engineers IPO Lead Manager(s) 

  1. Swastika Investmart Ltd (Past IPO Performance) 

Lead Manager Reports 

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

Bharat Dynamics IPO:GMP, Issue Size, Issue Price and Important dates

Bharat Dynamics IPO is engaged in the manufacture of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment and is all set to make a debut in the stock market with an issue size of 960.94 Cr.  

Bharat Dynamics IPO – Overview    

 Issue Date           13-15 March 2018 
IPO Opening Date           13 March 2018 
IPO Face Value           INR 10 per share           
IPO Price           INR 428 per share          
IPO Lot Size           35 Shares          
Issue Size           960.94 Cr      
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE
QIB Shares Offered             1.50 times 
NII (HNI) Shares           0.50 times 
Company Promoters           The Promoter of the company is the President of India acting through the Ministry of Defence. Promoter, along with its nominees, currently holds 100% of the pre-Offer Equity Share capital of the Company.  
Karda Construction IPO

BHARAT DYNAMICS IPO -Tentative Dates           

IPO opening date           13 March 2018  
IPO closing date           17 March 2018  
Basis of Allotment           19 March 2018 
Initiation of Refunds           21  March 2018 
The credit of Shares to Demat          22 March 2018 
IPO Listing Date           23 April 2018 
Karda Construction IPO

Company Overview    

Bharat Dynamics Ltd is Hyderabad based wholly owned GoI company engaged in the manufacture of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment. Bharat Dynamic has three manufacturing facilities located in Hyderabad, Bhanur and Vishakhapatnam. 

Company is the sole manufacturer in India for SAMs, torpedoes and ATGMs. Company is also the sole supplier of SAMs and ATGMs to the Indian armed forces. Additionally, the company is engaged in the business of refurbishment and life extension of missiles manufactured. The company intends to offer products such as Akash SAM, light weight torpedoes and countermeasure dispensing system to the international markets in the near future. 

Industry Overview    

India’s defence trade exports and imports are at two ends of a continuum with a massive trade deficit skewed against Indian indigenous production. The Stockholm International Peace Research Institute (SIPRI) Arms Transfer Database indicates that India has remained the largest importer of defence equipment in the 2012-16 timeframe with its share in global arms imports increasing from 9.7 % in 2007–11 to 12.8 % in 2012-16.  Compared to this, India’s arms exports contribute to only an infinitesimally small fraction of global arms trade.  The fact that Indian defence exports over the past 5 years totaled to only about $ 751.8 Million (at a conversion rate of 1 INR = 0.016 $), whilst world defence trade over the same time was $ 8379 Billion puts India’s miniscule defence output in perspective. 

Objectives           

  • To carry out the disinvestment of Equity Shares by the Selling Shareholder. 
  • To achieve the benefits of listing Equity Shares on the Stock Exchanges. 

Financial Statements          

Particulars          31-March-17 31-Mar-16   31-Mar-16 
Total Assets          86,007.92 96,406.32 84,119.70 
Total Revenue          51,980.73 46,013.75 32,532.28 
Profit After Tax          4,903.19 5,620.69  4,435.48 

Strength  

  • Modern facilities and infrastructure to deliver quality products in a timely manner. 
  • Increase in indigenization of our products and implementation of the ‘Make in India’ policy. 
  • Strong order book and established financial track record of delivering growth. 

Company Contact Information 

Bharat Dynamics Ltd 
 
Kanchanbagh, 
Hyderabad � 500 058 
Phone: +91 40 2434 4979 
Email: investors@bdl-india.com 
Website: http://www.bdl.india.com 

Registrar 

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

Lead Manager(s) 

  1. IDBI Capital Market Services Limited (Past IPO Performance) 
  1. SBI Capital Markets Limited (Past IPO Performance) 
  1. Yes Securities (India) Limited (Past IPO Performance) 

Lead Manager Reports 

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

Tara Chand Logistic Solutions IPO: GMP, Price, Dates, Issue Size 

Tara Chand Logistic Solutions IPO is set to make its debut on 13th March 18 with 20.46 cr is engaged in providing logistic and supply chain services

Tara Chand Logistic Solutions IPO – overview 

IPO Dates  13-15 March 18 
IPO Price  INR 55 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  3,720,000 shares (INR 20.46 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 2012, Tara Chand Logistic Solutions Ltd is engaged in providing logistic and supply chain services including transportation and warehousing, equipment rental and steel processing and distribution in India. 

They offer their services to a broad range of industries which includes steel, urban and rural infrastructure, oil and gas, renewable energy etc. 

Company’s major clientele includes Reliance industries ltd, Larsen & Toubro ltd (seven Independent Companies), Steel Authority of India ltd, Rashtriya Ispat Nigam ltd, Oil and 
Natural Gas Corporation ltd, Tata Projects ltd, Hindustan Construction Company ltd, Vedanta ltd, J Kumar Infraprojects ltd, NCC ltd, Welspun Corp, ITD Cementation India ltd, Bharat Heavy Electricals ltd, Gayatri Projects Ltd, Megha Engineering & Infrastructures ltd. 

Objects of the Issue 

1 Repayment of Certain Secured Borrowings availed by the Company; 
2. Purchase of Capital Equipment; 
3. To meet working capital requirement; 
4. General Corporate purposes; 
5. Issue Expenses. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          6,626.79 4,613.09 4,783.08 
Total Revenue          5265.07 4621.68 3925.04 
Profit After Tax          262.97 118.74 69.16 

Company Contact Information 

Tara Chand Logistic Solutions Ltd 
342 Industrial Area, 
Phase I, 
Chandigarh – 160002 
Phone: +91-172-2650380 
Email: info@tarachandindia.in 
Website: http://www.tarachandindia.in 

Tara Chand Logistic IPO Registrar 

Sharex Dynamic (India) Pvt Ltd 
 
Phone: +91- 22 – 2851 5606 
Email: tclsl.ipo@sharexindia.in 
Website: http://www.sharexindia.com 

Tara Chand Logistic IPO Lead Manager(s) 

  1. Hem Securities Limited (Past IPO Performance) 

Lead Manager Reports 

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

Macpower CNC Machines IPO: GMP, Price, Dates, Issue Size 

Macpower CNC Machines IPO is set to make its debut on 12th March 18 with 36.61 c is engaged in manufacturing of CNC Turning Centers, Vertical Machining Centers.

Macpower CNC Machines IPO – overview 

IPO Dates  12-14 March 18 
IPO Price  INR 140 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  2,615,000 shares (INR 36.61 crore) 
Minimum bid (lot size)  1000 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 2003, Macpower CNC Machines Ltd is engaged in manufacturing of CNC Turning Centers, Vertical Machining Centers, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC and also Multi Tasking, 5-axis along with sub spindle. 

Macpower has also offers Robotic Automation integrated with CNC machines. CNC Machining is a process used in the manufacturing sector that involves the use of computers to control machine tools.Company imports various components and parts i.e. Spindle, Ball Screw, Linear Guide ways, Linear Glass Scale, Live Tool Turret, Live Tool Holder, Probe, CNC System from Taiwan, Germany, Japan, Italy etc. 

They have catered to over 178 customers with total 213 Machines during the six months ended September 30, 2017 and 236 customers with total 343 Machines in Financial Year 2017 across various sectors like Automobile, Agriculture, Earth Moving Equipments, Bearings, General Engineering, Aerospace, Metal, Petroleum, Construction Industries, Defense, PSUs. 

Objects of the Issue 

1 Foraying into CMMI consulting. 
2. Establishment as an ISO certifying body. 
3. Customisation of the product SimpleLaw for the Indian market. 
4. General Corporate purposes. 
5. Issue Expenses. 

Company Contact Information 

Macpower CNC Machines Ltd 
Plot No. 2234 Nr. Krnati Gate, 
GIDC Metoda Tal Lodhika, 
Rajkot – 360007 
Phone: +91-02827-287930 
Email: info@macpowercnc.com 
Website: http://www.macpowercnc.com 

Macpower CNC Machines IPO Registrar 

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

Macpower CNC Machines 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 

Lex Nimble Solutions IPO: GMP, Price, Dates, Issue Size 

Lex Nimble Solutions IPO is set to make its debut on 12th March 18 with 26.56 cr is engaged in business of Appraisal Advisory, Certification, training and related services on quality models 

Lex Nimble Solutions IPO – overview 

IPO Dates  12-16 March 18 
IPO Price  INR 57 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  1,112,000 shares (INR 6.34 crore) 
Minimum bid (lot size)  2000 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 2012, Lex Nimble Solutions Ltd is engaged in business of Appraisal Advisory, Certification, training and related services on quality models, IT product and development and services. Lex Nimble Solutions Ltd. (LNSL) is a subsidiary of Lex Nimble Solutions Inc., USA that holds 97.81% stake in the company. The major revenue streams are: 

1. IT application development, maintenance and support: 
They offer back-office support in developing customer centric applications along with maintenance and support services. 

2. Development and maintenance of portals and mobile applications: 
They offer support in developing and maintaining enterprise information portals or corporate portals. They also develop location-aware mobile solutions. They have recently done development of mobile application and web application compatibility for Dubai port authority 

3. Corporate training: 
They offer customized training which includes understanding client specific needs and training them. 

4. Consulting: 
They have done several assignments in the areas of Quality management system implementation, Six sigma implementation, Information security consulting, Security testing related assignments. The company recently acquired the CMMI level 2 certification and now plans to foray into new segments of business. 

Objects of the Issue 

1 Foraying into CMMI consulting. 
2. Establishment as an ISO certifying body. 
3. Customisation of the product SimpleLaw for the Indian market. 
4. General Corporate purposes. 
5. Issue Expenses. 

Company Contact Information 

Lex Nimble Solutions Ltd 
Q3 Module A1 10th Floor, 
Cyber Towers Hitec City, 
Hyderabad – 500081 
Phone: +91-40-23122330 
Email: investment@lexnimble.in 
Website: http://www.lexnimble.in 

Lex Nimble Solutions IPO Registrar 

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

Lex Nimble Solutions IPO Lead Manager(s) 

  1. Quintessence Enterprises Private Limited (Past IPO Performance) 

Lead Manager Reports 

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

Active Clothing IPO: GMP, Price, Dates, Issue Size 

Active Clothing IPO is set to make its debut on 12th March 18 with 26.56 cr is manufactures and sells readymade garments for men, women, kids, boys, and girls in India.   

Active Clothing IPO – overview 

IPO Dates  12-16 March 18 
IPO Price  INR 65 per share  
Fresh issue  – 
Offer For Sale  Nil 
Total IPO size  4,086,000 shares (INR 26.56 crore) 
Minimum bid (lot size)  2000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 

Company Overview    

 
Incorporated in 2002, Active Clothing Co Limited manufactures and sells readymade garments for men, women, kids, boys, and girls in India. 

They offer sweaters, T-shirts, knitted T-shirts, fashion shirts, designer T-shirts, V-neck T-shirts, round neck T-shirts, printed round neck T-shirts, full knitted polo T-shirts, and knitted bottom wears as well as hooded, sleeveless, designer jackets under the AAGAIN brand name. They also operate a multi brand store for fashion products. 

The Company has a total capacity of 12.58,810 sweaters, 242,190 jackets and 7,80,000 T-Shirts and Sweatshirts. The key customer base of the Company includes Levi Strauss (India) Pvt. Ltd., U.S Polo, Arrow, Izod, United Colours of Benetton, Numero Uno, Basics, Aero staple, Elle, Iconic, Pepe Jeans, Impulse buying house and other reputed international brands. The Company is also a distributor for international brands such as Levis, Celios, Arvind owned licensee brands Ed Hardy, Flying Machine. 

Objects of the Issue 

1 To meet the incremental working capital requirements; 
2. To meet the Issue Expenses. 
3. For general corporate purposes. 

Company Financials      

Particulars          31-Mar-17 31-Mar-16 31-Mar-15 
Total Assets          10998.18 9837.33 8488.43 
Total Revenue          12005.35 11209.3 11067.61 
Profit After Tax          185.59 153.00 154.12 

Company Contact Information 

Active Clothing Co Ltd 
Plot no. E-225, 
Phase VIII B, Industrial Area, 
Focal Point, Mohali, 
Phone: +91-172-4313300 
Email: rmehra@activesourcing.org 
Website: http://www.activesourcing.org 

Active Clothing IPO Registrar 

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

Active Clothing IPO Lead Manager(s) 

  1. Ajcon Global Services Limited (Past IPO Performance) 

Lead Manager Reports 

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