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Ducol Organics IPO: GMP, Price, Dates, Issue size

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Ducol Organics and Colours Limited, a 1994 incorporation, provides a selection of pigment dispersions for diverse sectors. They provide items such as paints, ink, textiles, detergents, papers, rubber, and plastics as well as other things. 

Ducol Organics IPO Details 

IPO Dates 9 – 11 January 2023 
IPO Price INR 78 per share 
Fresh issue 40,40,000 shares (INR 31.51 crore) 
Offer For Sale Nil 
Total IPO size 40,40,000 shares (INR 31.51 crore) 
Minimum bid (lot size) 1,600 shares (INR 1,24,800) 
Face Value  INR 10 per share 
Retail Allocation 50% 
Listing On NSE,SME 
Phantom Digital Limited IPO: GMP, Issue price, Review And Details

Ducol Organics Tentative Dates 

IPO Opening Date 9 January 2023 
IPO Closing Date 11 January 2023 
Finalisation of Basis of Allotment 16 January 2023 
Initiation of refunds 17 January 2023 
Transfer of shares to demat accounts 18 January 2023 
IPO Listing Date 19 January 2023 
Opening Price on NSE SME Coming soon 
Closing Price on NSE SME Coming soon 

Ducol Organics Company Overview 

Ducol Organics and Colours Limited, a 1994 incorporation, provides a selection of pigment dispersions for diverse sectors. Products including paints, inks, textiles, detergents, paper, rubber, and plastics with various colours are among what they sell. They produce and sell pigment dispersions, preparations, concentrates, paste colourants, and masterbatches as their main line of business. The company services a variety of organisations and sectors, including paints, ink, textile, rubber, plastic, leather, paper, soaps, detergents, and FMCG, thanks to its wide range of products and Pan-India customer base. 

Ducol Organics and Colors has constructed two functional manufacturing facilities in Taloja that are both well-equipped and operational. The business is currently conducting trials at its third manufacturing facility, which is currently being developed in Mahad. 

Ducol Organics and Colors’ goods include: 

  • Water-based dispersions for decorative paints called Dutint 
  • Duplast — MB for the plastics sector 
  • Water-based dispersion for printing ink compositions called Duprint 
  • Pigment pastes for the textile printing industry from Dutex 
  • Dusperse – used in the soap and detergent sector 
  • For the paper industry: Dupralin 
  • In the rubber business, dupren is used 
  • Ducem – Dry dispersions numerous applications in everyday life 

Ducol Organics Financial Performance 

  FY 2020 FY 2021 FY 2022 H1 FY 2023 
Revenue 73.17 77.92 87.99 48.59 
Expenses 69.02 71.40 78.93 42.17 
Net income 0.07 2.81 4.91 4.17 

 
Objects of the Issue 

The objects of the Net Proceeds of the Issue are: 

  1. Funding working capital requirements of our Company; 
  1. General corporate purposes. 

Strengths 

  • Experienced & Qualified Team 
  • Product diversification & Wide Product Offering 

Weaknesses 

  • There are outstanding legal proceedings against them 
  • customers generally do not enter into long term contract 

IPO Prospectus

Company Contact Information

Ducol Organics And Colours Limited
Office No 302, Express Building,
14-E Road, Churchgate,
Mumbai – 400020
Phone: +91 22 4608 2353
Email: ipo@ducol.com
Websitehttp://www.ducol.com/

IPO Registrar

Bigshare Services Pvt Ltd

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

IPO Lead Manager(s)

  1. First Overseas Capital Limited (Past IPO Performance)

Muthoot Fincorp NCD January 2023 Details 

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Muthoot Fincorp has become a significant player in the gold lending market and is a systemically important NBFC that does not accept deposits. Muthoot Fincorp demonstrated a notable increase in its Gold Loan Portfolio between FY 2016 and FY 2022, with a compound annual growth rate of almost 15%. 

The personal and business loans provided by the company, which are backed by gold jewellery and ornaments, are designed to satisfy unforeseen or other short-term liquidity needs for people who do not have convenient access to formal credit or who may not be able to obtain it at all. 

Muthoot Fincorp NCD January 2023 Details 

Subscription Dates 2 – 27 January 2023 
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Debentures 
Face Value INR 1,000 per NCD 
Issue Price INR 1,000 per NCD 
Issue Size (Base) INR 200 crores 
Overall Issue Size (including oversubscription) INR 400 crores 
Minimum Lot size 10 NCDs 
Market Lot 1 NCD 
Tenor 27 months 
38 months 
48 months 
60 months 
Credit Rating CRISIL AA-/Stable 
Category Reservation Category 1 (QIB): 5% 
Category 2 (NII): 35% 
Category 3 (Retail): 60% 
Basis of Allotment First Come First Serve 
Listing On BSE,SME 
Edelweiss Financial Services NCD January 2023

Muthoot Fincorp NCD Allocation Ratio 

Category ? NCD’s Allocated 
Institutional 5% 
Non-Institutional 35% 
Retail 60% 
Category 4 0% 

NCD’s Offered by Category 

Category ? NCD’s Reserved 
Institutional 100,000 
Non-Institutional 700,000 
Retail 1,200,000 
Category 4 
Total NCD’s 2,000,000 

Muthoot Fincorp Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth 
31-Mar-20 21241.81 3765.99 257.93 2653.03 
31-Mar-21 26284.54 4101.19 397.28 3034.7 
31-Mar-22 28422.34 4355.13 412.55 3731.16 
Amount in ₹ Crore 

Muthoot Fincorp NCD Objectives 

  • For the purpose of Working Capital– 75% of the amount raised and allotted in the Issue. 
  • For General Corporate Purposes– 25% of the amount raised and allotted in the Issue 

Muthoot Fincorp NCD December 2022 Prospectus

Company Contact Information

Muthoot Fincorp Limited
Muthoot Centre,
TC No 14/2074-7 Punnen Road,
Trivandrum – 695 039, Kerala

Phone: +91 471 491 1550
Email: cs@muthootfincorp.com
Websitehttps://www.muthootfincorp.com/

Muthoot Fincorp NCD December 2022 Registrar

Integrated Registry Management Services Private Limited
   2 nd Floor,
   Ramakrishna Street, North Usman Road,
   T. Nagar, Chennai – 600 017

Phone: + 91 44 2814 0801 to 803
Email: mfinipo@integratedindia.in
Websitehttp://www.integratedindia.in/

December 2022 Lead Manager(s)

  1. SMC Capitals Limited

Dhanuka Agritech Buyback 2023 Details

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Dhanuka Agritech Limited is one of the leading agro-chemical businesses in India. The Bombay Stock Exchange and the National Stock Exchange of India both list the company. The organisation has marketing offices in all of India’s main states, giving it a PAN-India presence. With 3 manufacturing facilities, 39 warehouses, and more than 8 branch offices spread throughout India, Dhanuka Agritech Limited serves 6500 distributors and over 75,000 dealers. 

With a team of more than 1000 techno-commercial employees, a strong R&D division, and a solid distribution network, Dhanuka is able to provide its goods and services to roughly 10 million Indian farmers. 

Dhanuka Agritech Buyback Detail 

Issue Period Dec 26, 2022 – Jan 6, 2023 
Security Name Dhanuka Agritech Limited 
Issue Type Tender Offer 
Issue Size (Shares) 1,000,000.00 
Issue Size (Amount) ₹85.00 Crores 
Buyback Price ₹850 per share 
Face Value ₹2 per share 
Listing At BSE, NSE 
Kaveri Seed Buyback 2022: Important Dates & Details

Dhanuka Agritech Buyback Issue Timetable 

Offer Opens On Dec 26, 2022 
Offer Closes On Jan 6, 2023 
Last Date to buy shares Nov 16, 2022 
Record Date Nov 18, 2022 
Last Date for receipt of Tender Forms Jan 9, 2023 
Finalisation of Buyback Acceptance Jan 16, 2023 
Last Date for settlment of bids Jan 17, 2023 
Last Date for Extinguishment of Shares Jan 24, 2023 

Dhanuka Agritech Buyback Ratio 

Category Entitlement Ratio of Buyback 
Reserved Category for Small Shareholders 4 Equity Share out of every 33 Fully paid-up Equity Shares held on the Record Date. 
General Category for all other Eligible Shareholders 3 Equity Shares out of every 160 Fully paid-up Equity Shares held on the Record Date. 

Dhanuka Agritech Company Financials 

Period Ended Total Revenue Profit After Tax Net Worth Reserves and Surplus 
31-Mar-20 1145.16 141.35 707.58 698.07 
31-Mar-21 1421.17 210.56 796.19 786.87 
31-Mar-22 1511.36 208.89 960.42 951.1 
Amount in ₹ Crore 

Dhanuka Agritech Buyback 2023 Objectives 

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders. 
  1. The Buyback may help in improving return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders’ value. 

Company Contact Information

Dhanuka Agritech Limited
82, Abhinash Mansion,
First Floor, Joshi Road, Karol Bagh,
New Delhi-110005

Phone: +91-11-23534551
Email: Investors@dhanuka.com
Websitehttp://investors@dhanuka.com

Dhanuka Agritech Buyback Registrar

  1. Bigshare Services Pvt Ltd
       1st Floor, Bharat Tin Works Building,
       Opp. Vasant Oasis,Makwana Road,
       Marol, Andheri(E), Mumbai – 400 059

    Phone: +91-22-6263 8200
    Email: buybackoffer@bigshareonline.com
    Websitehttp://www.bigshareonline.com

Dhanuka Agritech Buyback Manager

Lead Manager(s)

  1. Sundae Capital Advisors

Edelweiss Financial Services NCD January 2023

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Edelweiss Financial Services began as an investment banking company, but it has expanded its range of offerings to include businesses in insurance, wealth management, asset management, retail and corporate credit, and asset reconstruction. 

As of 30 September 2022, the company has 5,955 workers and a pan-Indian and international network of 237 domestic offices and three overseas offices (for a total of 240 offices). As of 30 September 2022, the group consists of 10 affiliate firms and 28 subsidiaries. On a consolidated basis, its total revenue was INR 7,304.6 crore for the fiscal year 2022 and INR 3,393.3 crore for the six months ended September 30, 2022. On a consolidated basis, the company’s profit attributable to owners was INR 188.8 crore for the fiscal year that ended on March 31, 2022, and INR 93.6 crore for the six months that concluded on September 30, 2022. 

Edelweiss Financial Services NCD Details 

Subscription Dates 3 – 23 January 2023 
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) 
Face Value INR 1,000 per NCD 
Issue Price INR 1,000 per NCD 
Issue Size (Base) INR 200 crores 
Overall Issue Size (including oversubscription) INR 400 crores 
Minimum Lot size 10 NCD 
Market Lot 1 NCD 
Tenor 24 Months 
36 Months 
60 Months 
120 Months 
Credit Rating CRISIL AA-/Negative 
ACUITE AA-/ Negative 
Category Reservation Category 1 (QIB): 10% 
Category 2 (NII): 10% 
Category 3 (HNI): 40% 
Category 4 (Retail): 40% 
Basis of Allotment First Come First Serve Basis 
Listing On BSE
Suzlon Energy Rights Issue 2022: Issue Details

Edelweiss Financial Services NCD Allocation Ratio 

Category  NCD’s Allocated 
Institutional 10% 
Non-Institutional 10% 
HNI 40% 
Retail 40% 

Edelweiss Financial Services NCD’s Offered by Category 

Category  NCD’s Reserved 
Institutional 200,000 
Non-Institutional 200,000 
HNI 800,000 
Retail 800,000 
Total NCD’s 2,000,000 

Edelweiss Financial Services Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax 
31-Mar-20 54277.54 9513.31 -2043.77 
31-Mar-21 46350.01 9346.35 253.92 
31-Mar-22 43187.78 6911.4 212.07 
Amount in ₹ Crore 

Objects of the Issue 

The company proposes to utilize the funds which are being raised through the Issue: 

  1. For the purpose of repayment /prepayment of interest and principal of existing borrowings of our Company – 75% of the amount raised and allotted in the Issue. 
  1. General Corporate Purposes – 25% of the amount raised and allotted in the Issue. 

Edelweiss Financial Services NCD Prospectus

Company Contact Information

Edelweiss Financial Services Limited
Edelweiss House,
Off C.S.T. Road, Kalina,
Mumbai 400 098

Phone: +91 22 4009 4400
Email: efslncd@edelweissfin.com
Websitehttp://www.edelweissfin.com/

Edelweiss Financial Services NCD January 2023 Registrar

KFin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000
Email: efsl2.ncdipo@kfintech.com
Website: https://karisma.kfintech.com/

Edelweiss Financial Services NCD Lead Manager(s)

  1. Equirus Capital Private Limited

SVS Ventures IPO: GMP, Price, Dates, Issue Size

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SVS VENTURES IPO is engaged in the real estate business. The entity undertakes construction and real estate development projects, focused primarily on the construction and development of residential and commercial projects. 

SVS VENTURES IPO – Overview    

IPO Dates  Dec 30, 2022, to Jan 4, 2023 
IPO Price  INR 20 per share  
Fresh issue  5,622,000 shares (INR 11.24 crore)  
Offer For Sale  Nil  
Total IPO size  5,622,000 shares (INR 11.24 crore)  
Minimum bid (lot size)  6000 shares (INR 115,200)  
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  BSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

SVS VENTURES IPO -Tentative Dates           

IPO Offer Opening Date  30 December 2022 
IPO Closing Date  4 January 2023  
Finalisation of Basis of Allotment  9 January 2023  
Initiation of refunds  10 January 2023  
Transfer of shares to demat accounts  11 January 2023  
IPO Listing Date  12 January 2023  
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 

Company Overview    

SVS Ventures are into real estate business. The entity undertakes construction and real estate development projects, focused primarily on the construction and development of residential and commercial projects and primarily operates in and around Ahmedabad, Gujarat. In 2021, the company entered into a business takeover agreement in April with Erstwhile Proprietary Firm M/s Vijay & Co. of Mr. Shashikant Vedprakash Sharma. 

The company’s business model is customer-centric, and requires optimum utilization of our existing resources, assuring quality supply and achieving consequent economies of scale. 

The business operations include the development of real estate projects in the residential segment comprising apartment-type complexes, and villas, largely catering to the middle-income and high-income groups. 

The company’s below mentioned projects are marketed and sold under the brand name of “SVS Ventures :

1) Residential Projects: These projects cover Bungalows and Villas. 

2) Commercial Projects: These projects include the construction of commercial offices and shops. 

SVS Ventures’ financials reflect a positive financial standing in the market where its revenues and profits have grown vastly. As of March 2022, the company’s total revenue stood at Rs. 868.27 lakhs with a profit of Rs. 183.37 lakhs. 

Objects of the Issue 

  • To meet working capital requirements of the Company. 
  • General corporate purposes. 

Company Financials

Particulars          31-March-22 31-Mar-21  31-Mar-20 
Total Assets          1245.68 1165.01 845.12 
Total Revenue          868.27 1355 1348.6 
Profit After Tax          183.37 26.61  25 

Company Contact Information 

SVS Ventures Limited 
Block A, Office No. 1009, Mondeal Heights 
Near Panchratna Party Plot, S. G. Highway, 
Ahmedabad 380 051 
Phone: +91 79 40397191 
Email: svsventure87@gmail.com 
Website: http://www.svsventures.co.in/ 

SVS Ventures IPO Registrar 

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

SVS Ventures IPO Lead Manager(s) 

  1. First Overseas Capital Limited (Past IPO Performance) 

Lead Manager Reports 

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

Rex Sealing And Packing Industries IPO:GMP, Price, Dates, Issue Size

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Rex Sealing And Packing Industries IPO a manufacturer and exporter of Sealing packing and Insulation products including Jointing Sheets, Fabric Expansion Joints, Gland packing & Ropes, High-Temperature resistant textiles, Ceramic Fiber Products. 

Rex Sealing And Packing Industries IPO – Overview    

IPO Dates  Dec 30, 2022, to Jan 4, 2023 
IPO Price  INR 135 per share  
Fresh issue  1,500,000 shares (INR 15 crore)  
Offer For Sale  299,000 shares (INR 4.04 crore)  
Total IPO size  1500,000 shares (INR 8.09 crore)  
Minimum bid (lot size)  6000 shares 
Face Value   INR 10 per share  
Retail Allocation  Not less than 35% of the Net Offer 
Listing On  BSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Tentative Dates           

IPO Offer Opening Date  30 December 2022 
IPO Closing Date  4 January 2023  
Finalisation of Basis of Allotment  9 January 2023  
Initiation of refunds  10 January 2023  
Transfer of shares to demat accounts  11 January 2023  
IPO Listing Date  12 January 2023  
Opening Price on BSE SME  Coming soon  
Closing Price on BSE SME  Coming soon 

Company Overview    

Rex Sealing and Packing Industries Limited is a manufacturer and exporter of Sealing packing and Insulation products including Jointing Sheets, Fabric Expansion Joints, Gland packing & Ropes, High-Temperature resistant textiles, Ceramic Fiber Products, etc. 

The vast product portfolio of Rex Sealing and Packing Industries includes: 

  • Compressed Fibre Jointing Sheets / Gaskets 
  • Gland Packing & Ropes 
  • Fabric Expansion Joints 
  • Technical and Heat Resistance Textiles 
  • Ceramic Fiber Product. 

The business was first started by Mr Manjunath Nayak under the name M/s Rex Industries for manufacturing Gland Packing. 

The company executes in-house manufacturing through its unit situated in MIDC- Taloja Industrial Area, Palekhurd Panvel, Raigad. 

The company is also planning to set up an additional manufacturing unit in Anand Nagar, MIDC Ambernath, admeasuring 4000. Sq meter for expansion of business and manufacture. Rex Sealing and Packing Industries will manufacture all types of “Asbestos Free” Gaskets sheets for Automotive, Steel, and other process units through this extension. 

They are a customer-centric company, and the products of the company are used by some well-known industrial houses in the Petrochemical, Pharmaceutical, Power, Steel, Cement, Chemical, Gas, and Process industry. 

Objects of the Issue 

  • Funding Working Capital Requirement. 
  • General Corporate Purpose. 

Company Financials

Particulars          31-March-22 31-Mar-21  31-Mar-20 
Total Assets          1443.75 1317.08 1357.01 
Total Revenue          2115.68 1726.3 2017.7 
Profit After Tax          1508.67 571.62  37.6 

Company Contact Information 

Rex Sealing and Packing Industries Limited 
A-207, 2nd Floor, Plot No.711 A 
Byculla Services Industries, D K Road, 
Ghodapdeo, Byculla (East) Mumbai – 400027 
Phone: +91-22-40021599 
Email: compliance@rexseal.com 
Website: http://www.rexseal.com/ 

Registrar 

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

Anlon Technology Solutions IPO

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Anlon Technology Solutions IPO provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries. 

Anlon Technology Solutions IPO – Overview    

IPO Dates  Dec 29, 2022, to Jan 2, 2023 
IPO Price  INR 100 per share  
Fresh issue  300,000 shares (INR 4.05 crore)  
Offer For Sale  Nil 
Total IPO size  599,000 shares (INR 8.09 crore)  
Minimum bid (lot size)  6000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 

Anlon Technology Solutions IPO -Tentative Dates           

IPO Offer Opening Date  29 December 2022 
IPO Closing Date  2 January 2023  
Finalisation of Basis of Allotment  5 January 2023  
Initiation of refunds  6 January 2023  
Transfer of shares to demat accounts  9 January 2023  
IPO Listing Date  10 January 2023  
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 

Anlon Technology Solutions IPO- Company Overview    

Anlon Technology Solutions Limited is into the business of providing engineering services. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries. 

The company offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and firefighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components. 

There are two primary segments for the bifurcation of the business: 

1. Engineering services: Commissions from the Sale of Equipment, Spare Parts Trading, and Maintenance and Service. 

2. Designing, Fabrication, and Installation Services: Maintenance and Service for the products sold. 

The company clocked a total revenue in FY20, FY21 and FY22 of Rs. 1,381.25 lacs, Rs. 1,444.00 lacs and Rs. 1,958.60 lacs respectively. 

The company provides services to clients spread across the country, namely in cities like Mumbai, Bangalore, Thane, Delhi, Hyderabad, Kurnool, Kannur, Jamnagar, Kolkata, Barmer, Ahmedabad, Lucknow, Guwahati, Mangalore and Chennai. 

Objects of the Issue 

  • Funding Working Capital Requirement. 
  • General Corporate Purpose. 

Company Financials

Particulars          31-March-22 31-Mar-21  31-Mar-20 
Total Assets          2096.9 1552.78 1105.74 
Total Revenue          1958.6 1444 1381.25 
Profit After Tax          242.94 73.51  68.54 

Company Contact Information 

Anlon Technology Solutions Limited 
Gala No. 12 & 13, Sahakar Industrial Estate 
Plot No. 164/166 Vasai Road, East, 
Mumbai 401202 
Phone: +91 80 41235861 
Email: office.anlon@anlon.co.in 
Website: https://www.anlon.co/ 

Anlon Technology Solutions IPO Registrar 

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

Anlon Technology Solutions IPO Lead Manager(s) 

  1. GYR Capital Advisors Limited (Past IPO Performance) 

Lead Manager Reports 

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

Sah Polymers IPO: GMP, Issue Size, Issue Price

Sah Polymers IPO is all set to debut in the Indian stock market on 30th December 2022 with an issue size of 66.3cr RS. Sah Polymers Limited is primarily engaged in manufacturing and selling of Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/PP woven fabrics and woven polymer. 

Sah Polymers IPO Details 

Sah Polymers LTD IPO Dates 30 December 2022 – 4 January 2023 
Sah Polymers LTD IPO Price INR 61 – 65 per share 
Fresh issue 10,200,000 shares (INR 62.22 – 66.3 crore) 
Offer For Sale Nil 
Total IPO size 10,200,000 shares (INR 62.22 – 66.3 crore) 
Minimum bid (lot size) 230 shares (INR 14,950) 
Face Value  INR 10 per share 
DocumentsDRHP,RHP
Retail Allocation 10% 
Listing On NSE, BSE 
Radiant Cash Management IPO: Issue Size, GMP, Issue price

Sah Polymers IPO Tentative Dates 

Sah Polymers IPO Opening Date 30 December 2022 
Sah Polymers IPO Closing Date 4 January 2023 
Finalisation of Basis of Allotment 9 January 2023 
Initiation of refunds 10 January 2023 
Transfer of shares to demat accounts 11 January 2023 
Sah Polymers IPO Listing Date 12 January 2023 

Sah Polymers IPO Industry Overview 

In December 2021, India’s industrial production rose 0.4 percent annually, dropping from a downwardly revised 1.3 percent growth in November and falling short of market estimates of a 1.3 percent increase. The increase in industrial output was the smallest since February as manufacturing production fell and mining production slowed down (2.6 percent vs. 4.9 percent) (-0.1 percent vs 0.4 percent). Meanwhile, production of power increased (2.8 percent vs 2.1 percent). Industrial output increased by 7.5% on a monthly basis as opposed to falling by 4.7% in November. In 2021, from April to December, production increased by 15.2 percent compared to the previous year. 

Sah Polymers IPO

Polymers are the most significant component of the Indian chemical industry because they make up around 70% of petrochemicals. In essence, polymers are employed in the production of numerous plastic goods. Polymers are widely used in extruded pipes, furniture, industrial and home appliances, food packaging, and other products. 

Sah Polymers IPO Company Overview 

Business-to-business (” B2B”) producers serving a variety of industries, such as the agro-pesticide, basic drug, cement, chemical, fertiliser, food products, textile, ceramic, and steel industries, can benefit from the company’s customised bulk packaging solutions. Domestic sales and exports are the two major segments of Sah Polymers Limited. For the local market, the company is present in six states and one union territory. Internationally, the corporation has operations in six continents, including Africa, the Middle East, Europe, the USA, Australia, and the Caribbean. 

97 dedicated employees were supporting the company as of March 31, 2022, according to the payroll. The company has a single manufacturing facility in Udaipur, Rajasthan, with an installed production capacity of 3960 m.t. per year. 

Sah Polymers IPO Objectives 

The company will be using the proceeds fir the following objectives 

1. Setting up of a new manufacturing facility to manufacture new variant of Flexible Intermediate Bulk Containers (FIBC). 

2. Repayment/ Prepayment of certain secured and unsecured borrowings in full or part availed by the Company and the Subsidiary Company. 

3. Funding the working capital requirements of the Company. 

4. General corporate purposes. 

Sah Polymers IPO Financial Performance 

  FY 2020 FY 2021 FY 2022 Q1 FY 2023 
Revenue 49.10 55.07 80.51 27.22 
Expenses 49.40 53.72 75.74 25.87 
Net income 0.30 1.27 4.38 1.25 
Margin (%) 0.6 2.3 5.4 4.6 

 
Sah Polymers IPO Strengths 

  • Product portfolio 
  • Customer base across geographies and industries 
  • Management Team 

Sah Polymers IPO Weaknesses 

  • Experienced negative cash flows from operations 
  • Maximum revenue comes from selected customers 
  • Not made any arrangements for capital requirements 

Sah Polymers Offer Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone:
 +91 22 4918 6000
Email: 
sahpolymers.ipo@linkintime.co.in
Website: 
www.linkintime.co.in

Sah Polymers IPO Contact Details

SAH POLYMERS LIMITED
121, B-Wing,
Mittal Tower, Nariman Point,
Mumbai- Maharashtra-400021
Phone: +91 22 22042019
Email: cs@sahpolymers.com
Website: www.sahpolymers.com

Sah Polymers IPO Lead Manager(s)

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

RBM Infracon IPO:GMP, Price, Dates, Issue Size

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Rbm Infracon IPO is engaged in the engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment. 

Rbm Infracon IPO – Overview    

IPO Dates  23-27 Dec 2022. 
IPO Price  INR 100 per share  
Fresh issue  2,325,000 shares (INR 8.38 crore)  
Offer For Sale  Nil 
Total IPO size  2,325,000 shares (INR 8.38 crore)  
Minimum bid (lot size)  3000 shares 
Face Value   INR 10 per share  
Retail Allocation  50%  
Listing On  NSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Rbm Infracon IPO -Tentative Dates           

IPO Offer Opening Date  23 December 2022 
IPO Closing Date  27 December 2022
Finalisation of Basis of Allotment  30 December 2022
Initiation of refunds  2 January 2023  
Transfer of shares to demat accounts  3 January 2023  
IPO Listing Date  4 January 2023  
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 

Company Overview    

RBM Infracon Limited is primarily engaged in engineering, execution, testing, commissioning, operating & maintenance of mechanical and rotary equipment for oil & gas refineries, cement, fertilizers, Petrochemicals, Coal/Gas based power plants, etc. 

Its key business services include Fabrication & Erection of structural work, Fabrication & Erection of Piping, ARC maintenance, Turnaround, blasting & painting, Insulation and Refractory, Electrical and Instrumentation, NDT services, and others. 

The firm provides services at different plants like CDU-VDU, DHDS, NHT-CCR, HMU-I & II, CPP, DCU, Rail and Jetty and is also involved in ARC maintenance jobs in RIL-Jamnagar and YARA-Babrala. It has successfully executed 14 Turnaround Shutdowns at Reliance Industries Ltd (RIL), Nayara Energy, and Yara Fertilisers. 

As on Sep 6, 2022, it has an order book value of Rs 121 Crores, and recently, it has received a new order worth Rs 200 Crores from Malco Energy Ltd for operations & maintenance of the Metcoke Manufacturing Plant. 

Objects of the Issue 

  • Funding Working Capital Requirement. 
  • General Corporate Purpose. 

Company Financials

Particulars          31-March-22 31-Mar-21  31-Mar-20 
Total Assets          2503.6 2333.62 2115.97 
Total Revenue          4763.06 3888.74 3516.78 
Profit After Tax          190.99 -133.24  -12.03 

Company Contact Information 

RBM Infracon Limited 
C/O Rahul Mani Tripathi Mb Complex, 
Main Road, Baitalpur, 274201 
 
Phone: 0288-2710463 
Email: info@rbminfracon.com 
Website: http://www.rbminfracon.com/ 

RBM Infracon IPO Registrar 

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

RBM Infracon IPO Lead Manager(s) 

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

Lead Manager Reports 

IPO Lead Manager Performance Summary 

IPO Lead Manager Performance Tracker 

Radiant Cash Management IPO: Issue Size, GMP, Issue price

Radiant cash Management IPO is all set to debut in the Indian stock exchange on 23rd December 2022 with an issue size of 287cr. Radiant Cash Management Services Limited is the market leader in retail cash management services for banks, financial institutions, and organized retail and e-commerce companies in India. 

Radiant Cash Management IPO Details 

Radiant Cash IPO Dates 23 – 27 December 2022 
Radiant Cash IPO Price INR 94 – 99 per share 
Fresh issue INR 60 crore 
Offer For Sale 3,31,25,000 shares (INR 311.38 – 327.94 crore) 
Total IPO size INR 371.38 – 387.94 crore 
Minimum bid (lot size) 150 shares (INR 14,850) 
Face Value  INR 1 per share 
Retail Allocation 35% 
Listing On NSE, BSE 

Radiant Cash Management IPO Tentative Dates  

Radiant Cash IPO Opening Date 23 December 2022 
Radiant Cash IPO Closing Date 27 December 2022 
Finalisation of Basis of Allotment 30 December 2022 
Initiation of refunds 2 January 2023 
Transfer of shares to demat accounts 3 January 2023 
Radiant Cash IPO Listing Date 4 January 2023 
Opening Price on NSE Coming soon 
Closing Price on NSE Coming soon 
Elin Electronics IPO: GMP, Issue price, Issue Size

Radiant Cash Management IPO Industry Overview 

Political will and high-impact government programmes like the Pradhan Mantri Jan Dhan Yojana (PMJDY), Direct Benefit Transfer (DBT), and the introduction of RuPay cards, among others, are primarily to blame for the acceleration of financial inclusion in India over the past ten years. The government has 65% 75%, 35% 25% resources to reach its financial inclusion target. FY 20 FY 30 Urban GDP Contribution and Rural GDP Contribution are calculated in three steps. To begin with, it has made banking services more widely accessible by introducing “no frills” accounts for the common population. Second, it has drawn and kept individuals in the financial system through initiatives like boosting the use of RuPay cards and digital payments. 

Third, through extending the reach and accessibility of financial services, the government has focused on creating the necessary infrastructure. As a result, a new generation of financial services that can be accessed through mobile devices and the internet has emerged in the nation. 

Radiant Cash Management IPO Company Overview 

As of March 31, 2022, the company is among the top competitors in the RCM segment in terms of network locations or touch points served. As of July 31, 2022, Radiant Cash Management Services offered services in 13,044 pin codes in India, serving all districts (apart from Lakshadweep) with around 55,513 touchpoints. Axis Bank Limited, Citibank, Deutsche Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Standard Chartered Bank, State Bank of India, The Hongkong and Shanghai Banking Corporation Limited, and Yes Bank Limited are some of the company’s most important clients. 

Radiant cash Management IPO

Radiant Cash Management IPO Objectives 

The proceeds of the issue will be used to fulfil following objectives: 

1. Funding working capital requirements. 

2. Funding of capital expenditure requirements for the purchase of specially fabricated armoured vans. 

3. General corporate purposes. 

Radiant Cash Management Financials 

 FY 2019 FY 2020 FY 2021 FY 2022 
EPS 2.47 3.60 3.20 3.77 
PE ratio – – – 24.93 – 26.26 
RONW (%) 23.66 30.53 25.52 27.34 
NAV – – 12.55 13.80 
ROCE (%) 23.66 37.91 33.33 33.07 
EBITDA (%) 18.46 22.15 22.20 20.73 
Debt/Equity 0.17 0.18 0.11 0.21 

 
Radiant Cash Management IPO Strengths 

  1. Has the ability to offer RCM services across India, with presence in tier 2 and tier 3 towns and cities 
  1. Around 75% of its revenue came from tier 3 towns and cities in Q1FY22 
  1. The profitability or EBITDA margin expanded to 22.1% in FY21 from 18.4% in FY19 

Radiant Cash Management IPO Weaknesses 

  1. Highly dependent on the banking sector in India to generate revenue 
  1. Top five customers contributed 65% of the revenue in Q1FY22 
  1. A decrease in the availability or use of cash as the predominant mode of payment 

Radiant Cash Management IPO Prospectus

Radiant Cash Management Offer Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone:
 +91 22 4918 6200
Email: 
radiant.ipo@linkintime.co.in
Website: 
www.linkintime.co.in

Radiant Cash Management Contact Details

RADIANT CASH MANAGEMENT
Radiant Building, 4/3 Raju Nagar,
First Street, Okkiyam Thoraipakkam,
Old Mahabalipuram Road,
Chennai 600 096, Tamil Nadu
Phone: +91 044 4904 4904
Email: jayabharathi@radiantcashlogistics.com
Website: www.radiantcashservices.com

Radiant Cash Management IPO Lead Manager(s)

  1. IIFL Securities Ltd (Past IPO Performance)
  2. Motilal Oswal Investment Advisors Pvt Ltd (Past IPO Performance)
  3. YES Bank Limited (Past IPO Performance)