Bindal Exports Ltd IPO


IPO Subscription Details

  • Open Date 30 Sep
  • Close Date 06 Oct
  • Lot Size 8000
  • IPO Size ₹ 2 Cr
  • IPO Price Range ₹ 16
  • Min Investment ₹ 128000

IPO Synopsis

Public issue of 12,48,000 equity shares of face value Rs.10 each (equity shares) of Bindal Exports Ltd (the company or the issuer) for cash at a price of Rs. 16 per equity share, including share premium of Rs. 6 per equity share (theissue price), aggregating Rs. 2.00 crores (the issue), of which 64,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 16 per equity share share, aggregating Rs 0.10 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 11,84,000 equity shares of face value of Rs. 10 each for cash at a price of Rs.16 per equity share, aggregating Rs. 1.89 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.13% and 25.74% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 ech and The issue price of Rs. 16 is 1.6 times of the face value of the equity shares.

How to apply for 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 Bindal Exports Ltd IPO

Contact Information


Block No 270 Bindal House,
Kumbharia Surat-Kadodara Road,
Surat, Gujarat 395010

Bindal Exports Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd