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ANI IPO: GMP, Price, Size & Dates

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ANI IPO: GMP, Price, Size & Dates

ANI Integrated Services Limited is a manpower deputation company providing engineering services to the organized sector. The company was incorporated in 2008 and offers a range of services, including Erection and Installation of Electrical / Instrumentation / Mechanical Turnkey Projects, Operations and Maintenance, Commissioning Assistance, and Shutdown services. ANI has provided engineering services to various international projects, particularly in the UAE, Thailand, and Kingdom of Saudi Arabia. 

The company has an impressive client list that includes Larsen & Turbo Industries, Tata Consultancy Engineers Limited, Reliance Industries Limited, Nestle India Limited, Engineering India Limited, Mondelez India Foods Limited, GAIL (India) Limited, among others. ANI has a team of over 1200 professionals and operates in four service verticals, including Technical Manpower Deputation and Placement, Value Added Customized Services, Project Installation and Erection, and Operations and maintenance Contracts. 

ANI

ANI IPO Details 

IPO Date Nov 8, 2017 to Nov 10, 2017 
Listing Date Nov 20, 2017 
Face Value ₹10 per share 
Price ₹100 per share 
Lot Size 1200 Shares 
Total Issue Size 2,565,600 shares 
(aggregating up to ₹25.66 Cr) 
Fresh Issue 1,687,200 shares 
(aggregating up to ₹16.87 Cr) 
Offer for Sale 878,400 shares of ₹10 
(aggregating up to ₹8.78 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

ANI IPO Listing Details 

Listing Date Nov 20, 2017 
BSE Script Code  
NSE Symbol AISL 
ISIN INE635Y01015 
Final Issue Price ₹100 per share 

Industry Overview 

According to a report by Grand View Research, the global engineering services outsourcing market size was valued at USD 316.8 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 24.9% from 2021 to 2028. The growth is attributed to the increasing need for specialized engineering services, rising demand for digitalization, and the growing trend of outsourcing engineering services to low-cost countries. 

In India, the engineering services industry is one of the fastest-growing sectors, driven by the country’s skilled workforce, low-cost operations, and the government’s focus on initiatives like ‘Make in India.’ According to a report by IBEF, the Indian engineering sector is expected to grow at a CAGR of 15-20% during 2021-25, driven by factors such as increasing demand for infrastructure, rising government spending on healthcare and defense, and the growing trend of digitization. 

Objects of the Issue 

The Issue includes a fresh Issue and an Offer for Sale. 

The Offer for Sale: Company will not receive any proceeds from the Offer for Sale. 

The Fresh Issue: The Net Proceeds from the Fresh Issue will be utilized towards the following objects: 
1. Repayment of Borrowings 
2. To Meet Working Capital Requirement 
3. General Corporate purpose and 
4. To Meet the Issue Expenses 

ANI IPO Prospectus

Company Contact Information

ANI Integrated Services Limited
624, Lodha Supremus II, A Wing, North Towers,
Road No 22, Near new Passport office,
Wagle Estate, Thane West 400604
Phone: +91-22-61560404
Email: cs@aniinstruments.com
Website: http://aniintegratedservices.com/

ANI IPO Registrar

Bigshare Services Pvt Ltd

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

ANI IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)

SecUR Credentials IPO: GMP, Price, Size & Dates

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SecUR Credentials IPO: GMP, Price, Size & Dates

SecUR Credentials Ltd is a Mumbai-based company that specializes in providing end-to-end background screening services, also known as BGC, and due diligence solutions to corporates in India and around the world. Unlike most other BGC companies based in India, SecUR Credentials Ltd offers comprehensive screening services, including criminal record checks, educational and employment verifications, address verifications, and more. 

The company’s global reach is facilitated by their membership in the National Association of Professional Background Screeners (NAPBS), which allows them to provide screening services in various countries, including the US, UK, Philippines, and Sri Lanka. With their headquarters in Andheri, Mumbai, and branch offices in Delhi, Bengaluru, Hyderabad, and Chandigarh, SecUR Credentials Ltd has a wide geographical presence that covers every PIN code of the country through their efficient hub and spoke model. 

SecUR Credentials

SecUR Credentials IPO Details 

IPO Date Nov 1, 2017 to Nov 3, 2017 
Listing Date Nov 13, 2017 
Face Value ₹10 per share 
Price ₹205 per share 
Lot Size  
Total Issue Size 1,467,000 shares 
(aggregating up to ₹30.07 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

SecUR Credentials IPO Listing Details 

Listing Date Nov 13, 2017 
BSE Script Code  
NSE Symbol SECURCRED 
ISIN INE195Y01010 
Final Issue Price ₹205 per share 

Industry Overview 

The background screening industry is a growing sector, with increasing demand for reliable and efficient screening services across various industries, including healthcare, banking, finance, and IT. With the rise of remote work and virtual hiring processes, the need for comprehensive background screening services has become even more crucial for organizations to ensure that they are making safe and informed hiring decisions. 

According to a report by Grand View Research, the global background screening market size was valued at USD 3.94 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.1% from 2021 to 2028. In India, the background screening industry is also on a growth trajectory, driven by factors such as increasing regulatory compliance requirements, rising awareness about the importance of background checks, and the growing trend of virtual hiring. 

Company Financials 

Company financial performance (in INR lakh) 
 FY2013 FY2014 FY2015 FY2016 FY2017 Q1 FY2018 
Total revenue 137.6 71.1 0.2 440.9 1,016.2 589.7 
Total expenses 126.6 67.0 8.6 433.2 741.9 411.1 
Profit after tax -2.7 2.1 -8.6 1.7 180.7 124.5 

Objects of the Issue 

The objects of Issue are: 

1. Meeting Additional Working Capital Requirements; 
2. Expansion of Business Activities; 
3. Purchase of SYMPHONY 3.0 Software along with Database; 
4. Marketing and Brand Building; 
5. General Corporate Purposes. 

SecUR Credentials IPO Prospectus

Company Contact Information

SecUR Credentials Ltd
A-303, Classique Centre,
off Mahakali Caves Road,
Andheri (East), Mumbai � 400 093
Phone: +91 22 6173 7788
Email: complianceofficer@secur.co.in
Website: http://www.secur.co.in

SecUR Credentials IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: Mumbai@skylinerta.com
Website: https://www.skylinerta.com/

SecUR Credentials IPO Lead Manager(s)

  1. Inventure Merchant Banker Services Pvt Ltd (Past IPO Performance)

Sheetal Cool Products IPO: GMP, Price, Size & Dates

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Sheetal Cool Products IPO: GMP, Price, Size & Dates

Sheetal Cool Products Ltd is a Gujarat-based company established in 2000, which focuses on the production and processing of milk and milk products, snacks, and bakery items. The company’s product line includes a range of items such as ice-cream, milk, mango ras, lassi, curd, flavoured milk, masko, wafers, namkeen, fryums, and bakery products. All of these products are sold under the brand name ‘Sheetal’. 

The manufacturing unit of the company is situated in Amreli, Gujarat. The company has a team of 22 employees, including skilled and semi-skilled workers, and 275 personnel on a contractual basis. 

Sheetal Cool Products

Sheetal Cool Products IPO Details 

IPO Date Oct 16, 2017 to Oct 18, 2017 
Listing Date Oct 30, 2017 
Face Value ₹10 per share 
Price ₹80 per share 
Lot Size  
Total Issue Size 3,000,000 shares 
(aggregating up to ₹24.00 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Sheetal Cool Products IPO Listing Details 

Listing Date Oct 30, 2017 
BSE Script Code 540757 
NSE Symbol SCPL 
ISIN INE501Y01019 
Final Issue Price ₹80 per share 

Industry Overview 

The Company operates in the food and beverage industry, specifically in the dairy, snacks, and bakery segments. The food and beverage industry is a crucial part of the Indian economy and has been growing steadily over the years. The demand for processed and packaged food has been increasing due to the changing lifestyle and dietary patterns of people. Moreover, the rising disposable income and urbanization have led to an increase in the demand for convenience food, which has also contributed to the growth of the industry. 

In terms of growth rate, the food and beverage industry in India has been experiencing a Compound Annual Growth Rate (CAGR) of around 10% over the past few years. However, the COVID-19 pandemic has impacted on the industry, causing a temporary slowdown. Nevertheless, the demand for essential food items like dairy products, snacks, and bakery items has remained resilient, and the industry is expected to recover and grow further in the coming years. 

Company Financials 

Company Financials financial performance (in INR crore) 
  FY2014 FY2015 FY2016 FY2017 Q1 FY2018 
Total revenue  6.4 44.9 125.3 154.6 49.3 
Total expenses  7.0 44.9 122.9 151.5 48.5 
Profit after tax  -1.0 0.1 2.0 2.1 0.6 

 
Objects of the Issue 

The objects of the Issue are: 

1. To purchase additional plant & machineries at the existing manufacturing facility at Amreli, Gujarat. 
2. Funding of working capital requirements of the Company 
3. General Corporate Expenses 
4. Issue Expenses 

Sheetal Cool Products IPO Prospectus

Company Contact Information

Sheetal Cool Products Ltd
G I D C, Plot No. 78-79-80,
Amreli 36560

Phone: +91 79-26421701
Email: cssheetal9@gmail.com
Website: http://www.sheetalicecream.com/

Sheetal Cool Products IPO Registrar

Kfin Technologies Limited

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

Sheetal Cool Products IPO Lead Manager(s)

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

DP Abhushan IPO: GMP, Price, Size & Dates

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DP Abhushan IPO: GMP, Price, Size & Dates

DP Abhushan is a retail company that specializes in selling various types of jewellery, including gold, diamonds, and platinum studded with precious and semi-precious stones. Their product portfolio includes a wide range of items such as rings, earrings, armlets, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery. Currently, the company has four showrooms under the “D.P. Jewellers” brand in four different cities in India, which are operated and managed by them on a rental basis. 

The company plans to expand its retail network by opening another showroom in Indore, Madhya Pradesh, by the end of October 2017. They have purchased an area of 10,395 sq ft at DNR 90, Mahatama Gandhi Marg, Yashwant Niwas Road, Indore, for this purpose. This new showroom will be operated and managed by DPAL and will offer a wide range of jewellery items to its customers. 

DP Abhushan IPO

DP Abhushan IPO Details 

IPO Date Oct 9, 2017 to Oct 11, 2017 
Listing Date Oct 23, 2017 
Face Value ₹10 per share 
Price ₹28 per share 
Lot Size 4000 Shares 
Total Issue Size 5,932,000 shares 
(aggregating up to ₹16.61 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

DP Abhushan IPO Listing Details 

Listing Date Oct 23, 2017 
BSE Script Code  
NSE Symbol DPABHUSHAN 
ISIN INE266Y01019 
Final Issue Price ₹28 per share 

 
Industry Overview 

In India, the jewellery industry is considered one of the fastest-growing retail segments, with a significant contribution to the country’s economy. The Indian jewellery market is diverse and fragmented, with both organized and unorganized players. The organized players are mostly large retailers, including DPAL, who operate in multiple locations and cater to the growing demand for branded and standardized jewellery products. 

The jewellery industry in India has been growing at a compound annual growth rate (CAGR) of around 5.5% between 2016-2020, and it is expected to continue growing at a similar pace in the coming years. The growth is driven by factors such as increasing disposable income, changing consumer preferences, rising urbanization, and the popularity of e-commerce platforms for jewellery shopping. The Indian government’s initiatives to promote the jewellery industry, including Make in India and Digital India, are also expected to fuel the growth of the sector. 

Company Financials 

DP Abhushan’s financial performance (in INR crore) 
  FY2013 FY2014 FY2015 FY2016 FY2017 
Total revenue  369.0 409.4 459.9 488.2 453.7 
Total expenses  355.9 405.9 456.9 484.0 446.1 
Profit after tax  10.4 2.1 1.3 3.2 4.9 

Objects of the Issue 

The object of the issue are: 

1. To meet Working Capital requirements; 
2. To meet General Corporate Expenses; 
3. To meet Issue Expenses. 

Company Contact Information

D P Abhushan Ltd
138, Chandani Chowk,
Ratlam – 457001

Phone: +91-7412- 490966
Email: dpj@dpjewellers.com
Website: http://www.dpjewellers.com

DP Abhushan IPO Registrar

Bigshare Services Pvt Ltd

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

DP Abhushan IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)

Shreeji Translogistics IPO: GMP, Price, Size & Dates

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Shreeji Translogistics IPO: GMP, Price, Size & Dates

Shreeji Translogistics Limited is a well-established logistics company in India, offering a comprehensive range of services to meet the varied needs of its clients. The company has been in operation for over 25 years and has gained a reputation for providing reliable, efficient and cost-effective logistics solutions. With an ISO 9001:2015 certification, the company maintains high standards of quality in its operations. 

One of the key strengths of Shreeji Translogistics Limited is its strong fleet of commercial vehicles. The company owns and operates 229 trucks and has more than 500 outsourced trucks at its disposal. The trucks are of different types, designs, and sizes, and have varying capacities to transport different types of goods. The company uses container trucks for transporting parcels, while platform trucks are mainly used for the transportation of heavy-duty goods such as automotive parts and machinery. With such a diverse fleet of vehicles, the company is well-equipped to handle a wide range of logistics requirements. 

Shreeji Translogistics

Shreeji Translogistics IPO Details 

IPO Date Sep 29, 2017 to Oct 5, 2017 
Listing Date Oct 13, 2017 
Face Value ₹10 per share 
Price ₹130 per share 
Lot Size 1000 Shares 
Total Issue Size 954,000 shares 
(aggregating up to ₹12.40 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Shreeji Translogistics IPO Listing Details 

Listing Date Oct 13, 2017 
BSE Script Code 540738 
NSE Symbol  
ISIN INE402Y01010 
Final Issue Price ₹130 per share 

Industry Overview 

The logistics industry includes a wide range of activities such as transportation, warehousing, inventory management, and freight forwarding, among others. In India, the logistics industry has been growing rapidly over the past few years, driven by factors such as increasing globalization, growth in e-commerce, and government initiatives to improve infrastructure. 

According to a report by Grand View Research, the Indian logistics market size was valued at USD 216.78 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 10.5% from 2021 to 2028. The growth of the logistics industry is being driven by factors such as increasing trade volumes, the emergence of new business models, and the adoption of technology in logistics operations. 

Company Financials 

Shreeji Translogistics’  financial performance (in INR crore) 
  FY2013 FY2014 FY2015 FY2016 FY2017 
Total revenue  67.9 81.4 93.2 88.5 87.7 
Total expenses  66.7 80.7 92.4 86.8 85.3 
Profit after tax  1.0 0.2 0.5 1.0 1.6 

Objects of the Issue 

The object of the issue are: 

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

Shreeji Translogistics IPO Prospectus

Company Contact Information

Shreeji Translogistics Ltd
Shreeji Krupa,
Plot No. 107, Sector No. 19C,
Vashi, Navi Mumbai – 400 705
Phone: +91 � 22 � 4074 6666
Email: info@shreejitransport.com
Website: http://www.shreejitranslogistics.com

Shreeji Translogistics IPO Registrar

Bigshare Services Pvt Ltd

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

Shreeji Translogistics IPO Lead Manager(s)

  1. Aryaman Financial Services Limited (Past IPO Performance)

Beta Drugs IPO: GMP, Price, Size & Dates

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Beta Drugs IPO: GMP, Price, Size & Dates

Beta Drugs Limited is a pharmaceutical formulation manufacturing company that specializes in the development, manufacturing, and marketing of drug products for both domestic and international customers. The company primarily focuses on oncology products, including anti-cancer tablets, capsules, injections, and lyophilized injections. Company has a portfolio of over 50 products that are used for the treatment of various cancer diseases. 

Founded in 1985, and is a part of the Adley Group and has its manufacturing unit located in Solan, Himachal Pradesh. With a focus on oncology products, the company is well-positioned to benefit from the growing demand for cancer treatment in India and abroad. As the global cancer drug market is projected to grow substantially in the coming years, Beta Drugs Limited is expected to see continued demand for its products and expand its reach in both the domestic and international markets. 

Beta Drugs

Beta Drugs IPO Details 

IPO Date Sep 29, 2017, to Oct 4, 2017 
Listing Date Oct 12, 2017 
Face Value ₹10 per share 
Price ₹85 per share 
Lot Size 1600 Shares 
Total Issue Size 2,296,000 shares 
(aggregating up to ₹19.52 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Beta Drugs IPO Listing Details 

Listing Date Oct 12, 2017 
BSE Script Code  
NSE Symbol BETA 
ISIN INE351Y01019 
Final Issue Price ₹85 per share 

Industry Overview 

The pharmaceutical industry in India has been growing at a steady pace, and Beta Drugs Limited, being a part of this industry, is also expected to grow in the coming years. The oncology drug market in India is projected to grow significantly, with an increasing prevalence of cancer and rising healthcare expenditure. This presents a huge opportunity for Beta Drugs Limited to expand its market share and increase its revenue. 

The Indian pharmaceutical industry is expected to grow at a CAGR of 11% from 2020 to 2026, driven by factors such as increasing healthcare awareness, rising disposable incomes, and the government’s focus on promoting the domestic pharmaceutical industry. The oncology segment is expected to grow at an even higher CAGR, driven by factors such as an aging population, lifestyle changes, and the increasing burden of cancer. As Beta Drugs Limited primarily focuses on oncology products, the company is well-positioned to benefit from this growth trend in the industry. Overall, the outlook for Beta Drugs Limited and the pharmaceutical industry in India is positive, with ample opportunities for growth in the coming years. 

Company Financials 

Beta Drugs’ financial performance (in INR lakh) 
  FY2013 FY2014 FY2015 FY2016 FY2017 
Total revenue  313.0 138.4 26.2 2,639.5 4,168.2 
Total expenses  308.6 136.2 37.7 2,526.1 3,650.2 
Profit after tax  4.4 2.2 11.4 113.4 517.9 

Objects of the Issue 

Company intend to utilize the proceeds from this public issue towards the following objects: 

1. Purchase of new plant and machinery and upgradation of our existing plant and machinery. 
2. Civil Construction work at existing manufacturing unit. 
3. To obtain registration of European Union GMP & Pharmaceutical Inspection Co-operation Scheme certificate. 
4. Working Capital requirements. 
5. General Corporate Purpose. 

Beta Drugs IPO Prospectus

Company Contact Information

Beta Drugs Limited
Village Nandpur Baddi 17410


Phone: 01795-236196
Email: info@betadrugslimited.com
Website: http://betadrugslimited.com/

Beta Drugs IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email:
Website: https://linkintime.co.in/ws

Beta Drugs IPO Lead Manager(s)

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

CMM Infraprojects IPO: GMP, Price, Size & Dates

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CMM Infraprojects IPO: GMP, Price, Size & Dates

CMM Infraprojects Limited is an Indore-based infrastructure project developer that specializes in Engineering, Procurement, and Construction (EPC) services. The company has extensive experience in providing end-to-end design and construction solutions for various projects and primarily focuses on building and road construction on a contractual basis. Originally founded in 1979, CMM Infraprojects Limited listed its equity shares on the Institutional Trading Platform (ITP) of the NSE in April 2015. However, the company voluntarily delisted from the stock exchange in July 2016. 

CMM Infraprojects Limited has successfully executed multiple projects for government bodies, public sector undertakings, corporates, and various other organizations across different sectors and verticals. The company has completed projects in several Indian states, including Madhya Pradesh, Odisha, Chhattisgarh, Maharashtra, Rajasthan, Bihar, Goa, Haryana, and Uttar Pradesh. With its experience and expertise, CMM Infraprojects Limited is well-positioned to continue providing quality EPC services and contributing to the development of India’s infrastructure sector. 

CMM Infraprojects IPO Details 

IPO Date Sep 29, 2017 to Oct 4, 2017 
Listing Date Oct 12, 2017 
Face Value ₹10 per share 
Price ₹40 per share 
Lot Size 3000 Shares 
Total Issue Size 4,545,000 shares 
(aggregating up to ₹18.18 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates
CMM Infraprojects

CMM Infraprojects IPO Listing Details 

Listing Date Oct 12, 2017 
BSE Script Code  
NSE Symbol CMMIPL 
ISIN INE289S01013 
Final Issue Price ₹40 per share 

Industry Overview 

The infrastructure industry in India is a significant contributor to the country’s economic growth, creating job opportunities and driving development across various sectors. The industry covers a wide range of segments, including transportation, energy, water supply, and urban development, among others. The Indian government has launched several initiatives and policies to attract investment and promote infrastructure development, which is expected to lead to substantial growth in the sector in the coming years. 

The Indian infrastructure industry is projected to grow at a compound annual growth rate (CAGR) of around 6-7% over the next few years, driven by the government’s focus on infrastructure development, rising urbanization, and increasing private sector participation. In particular, the road construction segment is expected to witness significant growth, with the government planning to construct and upgrade several highways and expressways across the country. 

Company Financials 

CMM Infraprojects’ financial performance (in INR crore) 
  FY2013 FY2014 FY2015 FY2016 FY2017 
Total revenue  85.8 98.2 145.3 178.8 202.2 
Total expenses  84.3 96.6 142.3 175.2 196.9 
Profit after tax  1.1 1.1 1.9 2.3 6.2 

Objects of the Issue 

Company intend to utilize the proceeds from public issue towards the following objects: 
1. Funding the working capital requirements of the Company 
2. General Corporate Purpose 

CMM Infraprojects IPO Prospectus

Company Contact Information

CMM Infraprojects Limited
108, Shalimar Corporate Cente,
8-B South Tukoganj,
Indore-452001
Phone: +91 731- 2516386
Email: cmm.kmundra@gmail.com
Website: http://www.cmminfra.com/

CMM Infraprojects IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: cmminfra.ipo@linkintime.co.in
Website: https://linkintime.co.in/

CMM Infraprojects IPO Lead Manager(s)

  1. Systematix Corporate Services Limited (Past IPO Performance)

Omfurn India IPO: GMP, Price, Size & Dates

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Omfurn India IPO: GMP, Price, Size & Dates

OmFurn India Limited, established in 1997, is a prominent commercial furniture manufacturer and vendor located in India. The company specializes in offering an extensive range of commercial furniture, including office furniture, school furniture, hotel furniture, door frames, and wooden shutter doors. Additionally, the company provides custom furniture design, manufacturing, and installation services, as well as turnkey interior design solutions for various establishments such as residential apartments, hotels, hospitals, IT parks, shopping malls, and international schools. The company’s manufacturing unit, spread across an area of 80,000 square feet, is situated in Umbergaon, Gujarat, and is equipped with state-of-the-art woodworking CNC machines from leading international brands such as Italy, Germany, Turkey, and Austria. 

OmFurn India Limited’s primary focus is to provide high-quality commercial furniture products and turnkey interior design services that cater to the diverse needs of its clients. With its broad range of commercial furniture products and customized interior design services, the company has established itself as a prominent player in the Indian furniture industry. The company’s manufacturing unit’s advanced infrastructure and cutting-edge technology help ensure that their products meet the highest quality standards, making it a trusted brand among its customers. 

Omfurn India

Omfurn India IPO Details 

IPO Date Sep 29, 2017 to Oct 5, 2017 
Listing Date Oct 13, 2017 
Face Value ₹10 per share 
Price ₹23 per share 
Lot Size 6000 Shares 
Total Issue Size 1,812,000 shares 
(aggregating up to ₹4.17 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Omfurn India IPO Listing Details 

Listing Date Oct 13, 2017 
BSE Script Code  
NSE Symbol OMFURN 
ISIN INE338Y01016 
Final Issue Price ₹23 per share 

 
Industry Overview 

The Indian furniture industry is a growing sector that comprises both the organized and unorganized segments. The organized sector accounts for around 15% of the total furniture market in India, with the remaining 85% being held by the unorganized segment. The furniture market in India is primarily driven by factors such as urbanization, rising disposable incomes, and changing consumer preferences. 

The organized furniture industry in India is expected to grow at a compound annual growth rate (CAGR) of 12-15% over the next few years, driven by increasing demand for office furniture, home furniture, and institutional furniture. The growth is further fueled by the rise of e-commerce and the increasing penetration of the internet, which has enabled furniture manufacturers and vendors to reach a wider audience. 

Company Financials 

Omfurn India’s financial performance (in INR crore) 
  FY2013 FY2014 FY2015 FY2016 FY2017 
Total revenue  22.5 19.8 38.7 43.9 28.2 
Total expenses  21.5 18.6 36.7 41.0 25.8 
Profit after tax  0.6 0.8 1.3 1.9 1.6 

Objects of the Issue 

The object of the issue are: 

1. To part finance the expansion project; 
2. General Corporate Purposes; 
3. Issue Expenses. 

Omfurn India IPO Prospectus

Company Contact Information

Omfurn India Limited
109 Gundecha Indl. Complex,
Akrurali Road,
Mumbai – 400101
Phone: +91-22-42108900
Email: omfurn@omfurnindia.com
Website: http://www.omfurnindia.com

Omfurn India IPO Registrar

Bigshare Services Pvt Ltd

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

Omfurn India IPO Lead Manager(s)

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

Tirupati Forge IPO: GMP, Price, Size & Dates

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Tirupati Forge IPO: GMP, Price, Size & Dates

Tirupati Forge Ltd, established in 2012, is a reputable manufacturer and supplier of Forged Flanges, Auto Parts, Automotive Components, and Fitting Components. Located in Hadamtala Industrial Estate, Rajkot, Gujarat, the company specializes in producing high-quality closed die forged products such as auto components, bearings, and gears. They are also known for manufacturing forged flanges made from materials like mild steel, carbon steel, and stainless steel. These products find applications in various industries, particularly automotive machines, vehicles, and other machinery used in daily life. 

To ensure product quality and customer satisfaction, Tirupati Forge Ltd holds an ISO 9001:2008 certification. Initially, the company primarily focused on catering to the international market, particularly the United States. However, over time, they expanded their exports to countries like Italy and Morocco, while also serving the domestic market. The company has a well-equipped forge shop, which includes essential facilities such as an in-house die shop, ring rolling machines, CNC Machine Shop, CNC Drilling, Stamping Machine, and an Automated Paint Line. These facilities contribute to their efficient manufacturing process and allow them to meet diverse customer requirements.  

Tirupati Forge

Tirupati Forge IPO Details 

IPO Date Sep 29, 2017 to Oct 4, 2017 
Listing Date Oct 12, 2017 
Face Value ₹10 per share 
Price ₹29 per share 
Lot Size 4000 Shares 
Total Issue Size 1,800,000 shares 
(aggregating up to ₹5.22 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At NSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Tirupati Forge IPO Listing Details 

Listing Date Oct 12, 2017 
BSE Script Code  
NSE Symbol FORGE 
ISIN INE319Y01016 
Final Issue Price ₹29 per share 

Industry Overview 

The company operates in the forging industry, specializing in the manufacturing of forged flanges, auto parts, automotive components, and fitting components. The forging industry is a crucial sector that involves shaping and forming metal through the application of localized compressive forces. Forged products are known for their strength, durability, and suitability for demanding applications in various industries. 

The industry itself plays a vital role in supporting sectors such as automotive, construction, oil and gas, aerospace, and many others. As an integral part of the supply chain, companies like Tirupati Forge Ltd provide essential components and parts that are used in the manufacturing of machinery, vehicles, and other equipment. 

Objects of the Issue 

The object of the issue are: 

1. Working Capital requirements 
2. Repayment of Loan 
3. General Corporate Purpose 

Tirupati Forge IPO Prospectus

Company Contact Information

Tirupati Forge Ltd
Plot No. 1 – 5, Survey No. 92/1,
Near Shan Cement, Hadamtala Industrial Area,
Kotda Sangani Hadamtala, Rajkot 360311
Phone: 02827 – 27 0 512 /13
Email: info@tirupatiforge.com
Website: http://www.tirupatiforge.com

Tirupati Forge IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: irupatifoge.ipo@linkintime.co.in
Website: https://linkintime.co.in/s

Tirupati Forge IPO Lead Manager(s)

Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)

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

Shree Ganesh Remedies IPO: GMP, Price, Size & Dates

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Shree Ganesh Remedies IPO: GMP, Price, Size & Dates

Shree Ganesh Remedies Ltd, established in 1995, is a pharmaceutical company based in Ankleshwar, Gujarat. Their primary focus is on the manufacturing and distribution of drug intermediates and specialty fine chemicals for the pharmaceutical industry. They specialize in producing a wide range of products, including amine hydrochloride and other chemicals used in antipsychotic, antiseptic, deprotonation reactions, hyperlipidemia, Alzheimer’s, and anti-viral treatments. 

The company caters to both domestic and international markets, with a strong emphasis on exporting their products. They have three manufacturing plants, namely Plant I, II, and III, which are situated on a total area of 9,715 square meters. Each plant is equipped with specific manufacturing capabilities and processes to produce the diverse range of pharmaceutical products. Company is committed to maintaining high-quality standards and serving the global pharmaceutical industry with their reliable and effective drug intermediates and specialty fine chemicals. 

Shree Ganesh Remedies

Shree Ganesh Remedies IPO Details 

IPO Date Sep 28, 2017 to Oct 5, 2017 
Listing Date Oct 13, 2017 
Face Value ₹10 per share 
Price ₹36 per share 
Lot Size 3000 Shares 
Total Issue Size 2,376,000 shares 
(aggregating up to ₹8.55 Cr) 
Issue Type Fixed Price Issue IPO 
Listing At BSE SME 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

Shree Ganesh Remedies IPO Tentative Timetable 

IPO opens on Sep 28, 2017, and closes on Oct 5, 2017. 

Event Tentative Date 
Opening Date Sep 28, 2017 
Closing Date Oct 5, 2017 
Basis of Allotment Oct 10, 2017 
Initiation of Refunds Oct 11, 2017 
Credit of Shares to Demat Oct 12, 2017 
Listing Date Oct 13, 2017 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The industry is driven by various factors such as increasing global population, rising healthcare needs, advancements in medical technology, and growing prevalence of diseases. Companies like Shree Ganesh Remedies play a crucial role in the pharmaceutical supply chain by providing essential ingredients for drug manufacturing. 

In terms of industry growth, the compound annual growth rate (CAGR) of the pharmaceutical industry has been positive over the years. However, it’s important to note that specific CAGR figures can vary depending on the market segment and geographic region. 

Objects of the Issue 

Company proposes to utilize the proceeds from the public issue towards the following objects: 

1. Setting up a new Choloro Compound derivatives manufacturing plant with a proposed capacity of 200 MTPA at Ankleshwar GIDC Gujarat; 

2. General Corporate Purposes 

Shree Ganesh Remedies IPO Prospectus

Company Contact Information

Shree Ganesh Remedies Ltd
Plot no. 6011, G.I.D.C,
Ankleshwar – 393002

Phone: 02646 227777
Email: investors@ganeshremedies.com
Website: http://www.ganeshremedies.com/

Shree Ganesh Remedies IPO Registrar

Bigshare Services Pvt Ltd

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

Shree Ganesh Remedies IPO Lead Manager(s)

  1. Fedex Securities Limited (Past IPO Performance)
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