Bansal Multiflex IPO

Bansal Multiflex IPO

Bansal Multiflex IPO

Incorporated in 2013, Bansal Multiflex is engaged in trading of cloth, different type of semi furnished fabrics, varieties of finished fabrics. Since December 2016, the company has also been engaged in trading of different type of chemicals primarily used in making detergent and soaps. It also engages services of third party job workers for processing of grey cloth which includes dying, bleaching, printing, drying etc. It sells the semi-finished and finished product to garment houses for manufacturing of garments in the apparel industry. Bansal Multiflex’s product portfolio comprises of Grey fabric, Cotton Fabric, Dress materials , Matchings Twill Fabrics, Satin fabrics, Slub Satin Fabrics, Cotton Slub fabrics, Dobby fabrics, Meti fabrics, Jute Fabrics, Denim Fabric, Xford Fabrics, Rencho Fabrics, Micro Cotton Fabrics and Raymond Cotton Fabrics under the spectrum of fabric and cloth and Acid Slury (LABSA), AOS Chemicals, Caustic Flakes, Caustic Soda Flakes under the spectrum of chemicals.

Promoters of Bansal Multiflex – Anupkumar Bansal and Suman Bansal

Bansal Multiflex IPO details

Subscription Dates30 June - 4 July 2017
IPO Price bandINR31 per share
Fresh issue 2,000,000 shares (INR6.2 crore)
Offer for sale Nil
Total IPO size2,000,000 shares (INR6.2 crore)
Minimum bid (lot size)4,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform

Bansal Multiflex's  financial performance (in INR lakh)

FY2014FY2015FY2016FY2017
Total revenue140.38177.43213.451,176.97
Total expenses139.74175.38210.301122.30
Profit after tax0.401.352.1137.72

Bansal Multiflex Limited
72, The Nutan Guj. Co Op Shops and Warehouses Soc O/S Raipur Gate,
Near Laxmi Cotton Mill,
Ahmedabad – 380 022, Gujarat

Phone: +91 079 2545 4570
Email: [email protected]
Website: www.bansalmultiflex.com

Day

Subscription (no. of times)

Day 11.04
Day 2 1.66
Day 3 4.29

 

Earnings Per Share (EPS): INR44.92

Price/Earnings (P/E) ratio: 0.69

Return on Net Worth (RONW): 6.47%

Net Asset Value (NAV): INR10.77 per share

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax:
+91 22 2847 5201
Email:
[email protected]
Website: www.bigshareonline.com

Bansal Multiflex IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

IPO Opening Date: 30 June 2017

IPO Closing Date: 4 July 2017

Listing Date: 12 July 2017

Listing Price on NSE SME: INR34 per share (up 9.7% from IPO price)

Closing Price on NSE SME: INR35.6 per share (up 14.8% from IPO price)

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