Bohra Industries IPO

Bohra Industries IPO

 

Bohra Industries IPO

Bohra Industries is an ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007 certified company engaged in manufacturing of Single Super Phosphate (SSP) both in powder and granulated form. The company has its registered office and manufacturing facility situated in Udaipur, Rajasthan.

Its product, SSP fertilizer is being sold under brand name MAHALAXMI, in 17 states of India and is also simultaneously marketed by leading fertilizer companies of India.  Bohra Industries has entered into Memorandum of Understanding for its product SSP with Hindustan Insecticides Limited for supply of minimum 30,000 MT per annum of SSP for a period of one year from August 03, 2016 to August 02, 2017 in the states of Maharashtra, Rajasthan, Uttar Pradesh and Assam. It has also entered into Memorandum of Understanding dated December 26, 2016 with Rashtriya Chemicals and Fertilisers Limited for supply of minimum 44,500 mt per annum of SSP for a period of six months December 26, 2016 to June 24, 2017 in the states of Punjab, Haryana, Madhya Pradesh, Chattisgarh, Odisha, Rajasthan, Uttar Pradesh and West Bengal.

Promoters of Bohra Industries – Hemant Kumar Bohra

Bohra Industries IPO details

Subscription Dates 23 - 27 Mar 2017
IPO Price band INR51 - 55 per share
Fresh issue 4,572,000 shares (INR25.15 crore at upper band)
Offer for sale Nil
Total IPO size 4,572,000 shares (INR25.15 crore at upper band)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge platform

 

Bohra Industries' financial performance (in INR crore)

FY2012 FY2013 FY2014 FY2015 FY2016 6M FY2017
Total revenue 56.0 75.2 90.5 96.3 113.0 50.1
Total expenses 51.4 68.4 83.5 91.2 107.2 46.2
Profit after tax 2.8 5.5 5.4 4.3 4.5 2.6

Bohra Industries Limited
301, Anand Plaza, University Road
Udaipur - 313 001

Phone: +91 294 2342 226
Email: [email protected]
Website: www.bohraindustries.com

Day

Subscription (no. of times)

Day 1  0.82
Day 2  0.96
Day 3  3.23

 

Bohra Industries IPO allotment status is available on Bigshare Services Private Limited website. Click on this link to get allotment status.

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

IPO Opening Date: 23 March 2017

IPO Closing Date: 27 March 2017

Finalisation of Basis of Allotment: 30 March 2017

Initiation of refunds: 31 March 2017

Transfer of shares to demat accounts: 31 March 2017

Listing Date: 5 April 2017

Listing Price on NSE SME: INR56.2 per share (return of 2.2% over IPO price)

Closing Price on NSE SME: INR57.55 per share (return of 4.6% over IPO price)

Bohra Industries IPO
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6 thoughts on “Bohra Industries IPO

  • April 3, 2017 at 11:03 PM
    Permalink

    Can anybody tell about listing gain and price of listing premium or discount?

    Reply
  • April 1, 2017 at 9:47 PM
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    sme ipo mein profit hota hai ya loss ??

    Reply
  • April 1, 2017 at 2:56 PM
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    Gray marketma ketla ma soda pade che

    Reply
  • April 1, 2017 at 1:17 AM
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    Will it list with primium or with discount. ?

    Reply
  • March 27, 2017 at 8:55 AM
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    I like the business. It is profitable and offerd at reasonable PE multiple of less than 11. Krishana Phoschem is at more than 23 so Bohra is clearly much better.

    Reply
  • March 25, 2017 at 6:43 PM
    Permalink

    How is this IPO? what’s the grey market premium?

    Reply

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