Bhatia Communications & Retail (India) Ltd IPO

Closed

Subscription Details

  • Open Date 08 Feb
  • Close Date 12 Feb
  • Lot Size 1000
  • IPO Size ₹ 24.75 Cr
  • IPO Price Range ₹ 150
  • Min Investment ₹ 150000

Bhatia Communications & Retail (India) Ltd IPO Timeline

Open Date
08 Feb
Close Date
12 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offer of 16,50,000 equity shares of face value of Rs.10 each (equity shares) of Bhatia Communications & Retail (India) Limited (company or issuer) for cash at a price of Rs. 150 per equity share (including a share Premium of Rs. 140 per equity share) (issue price) aggregating to Rs. 24.75 Crores (issue ) consisting of a fresh Issue of 14,00,000 equity shares of face value of Rs.10 each (equity shares) for cash at a price of Rs. 150 per equity Share aggregating to Rs.21 Crores (issue) and 2,50,000 equity shares of face value of Rs.10 each (equity shares) for cash at a price of Rs. 150 per equity share aggregating to Rs. 3.75 Crores through an offer for sale by mr. Sanjeev Bhatia (referred as selling shareholder) of which 84,000 equity shares of face value of Rs.10.00 each for a Cash price of Rs. 150 per equity share, aggregating to Rs. 1.26 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,66,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 150 per equity share aggregating to Rs. 23.49 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 26.37% and 25.03%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is Rs.150 each. The issue price is 15 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Bhatia Communications & Retail (India) Ltd IPO

Contact Information

Address

132 DrAmbedkar Shopping Centre,
Ring Road,
Surat, Gujarat 395002

Bhatia Communications & Retail (India) Ltd IPO Lead Manager

Guiness Corporate Advisors Pvt Ltd
Open Demat Account