ICL Multitrading IPO

ICL Multitrading IPOICL Multitrading IPO overview - ICL Multitrading is a multi-product branding and distribution company. It sells its products under the Brand “ICL”. The company focuses on distribution through its network of warehouses, super stockiest and distributors with the presence primarily in Uttar Pradesh, Uttarakhand and Jharkhand. Its major category of products include consumer products such as spices, tea, suiting-shirting & related accessories, incense sticks (Dhoop), gifting products and other products.

The company has also entered into herbal products segment and is procuring herbal wellness and cosmetic products from various manufacturers which are being sold through the online platform www.adiherbal.com.

While the company gets its products manufactured from third party manufacturers, ICL Multitrading has established its own sorting and packaging facility for Tea. The company sells two varieties of tea ICL Premium and ICL Gold with entire sourcing, sorting and packaging done in-house.

Promoters of ICL Multitrading – Roop Kishore Gola, Avadhesh Kumar Gola, Rajni Gupta and Image Career Limited
ICL Multitrading IPO details
Subscription Dates 19 November - 3 December 2018
IPO Price band INR85 per share
Fresh issue 2,100,800 shares (INR17.86 crore)
Offer for sale Nil
Total IPO size 2,100,800 shares (INR17.86 crore)
Minimum bid (lot size) 1,600 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working Capital Requirements - INR10.50 crore
  • Branding Advertising Expenses - INR2.75 crore
  • General Corporate Purpose - INR2.61 crore
  • Issue Expenses - INR2.00 crore
ICL Multitrading's financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 1.90 4.36 25.31 23.31 31.68
Total expenses 1.89 4.30 24.73 21.67 28.16
Profit after tax 0.01 0.04 0.38 1.00 2.23
ICL Multitrading's Contact Details

ICL Multitrading India Limited
A-105, Sector 63 Noida
Gautam Buddha Nagar
Uttar Pradesh – 201 307

Phone: +91 0120 4544 143
Email: info@iclmultitrading.com
Website: www.iclmultitrading.com

ICL Multitrading IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.05
Day 2 0.06
Day 3 0.06
Day 4 0.08
Day 5 0.09
Day 6 0.09
Day 7 0.09
Day 8 0.09
Day 9 0.10
ICL Multitrading Valuation (For FY2018)

Earnings Per Share (EPS): INR7.44

Price/Earnings (P/E) ratio: 15.65

Return on Net Worth (RONW): 39.75%

Net Asset Value (NAV): INR15.82 per share

Registrar of ICL Multitrading IPO

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:
 ipo@bigshareonline.com
Website: www.bigshareonline.com

ICL Multitrading IPO Allotment Status

ICL Multitrading IPO allotment status will be available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of ICL Multitrading

IPO Opening Date: 19 November 2018

IPO Closing Date: 3 December 2018

Listing Date: To be updated

Listing Price on NSE SME: To be updated

Closing Price on NSE SME: To be updated

ICL Multitrading IPO
3.1 (62.22%) 9 votes

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