Orissa Bengal Carrier IPO

Orissa Bengal Carrier IPOBusiness description - Orissa Bengal Carrier is a logistics company headquartered at Raipur, Chhattisgarh, serving a broad range of industries, including the steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, textile, FMCG. The various types of services provided by the company include: Full Truck Load Transport Services, Parcel and Part Truck Load Services/less than Truck Load (LTL). The main business activity of the company is Full Truck Load Transport service wherein it transports the consignment by road all over India. The company is one of the IBA approved transporter having ISO 9001:2015 certification for provision of Quality Management System Service.

Promoters of Orissa Bengal Carrier – Ratan Kumar Agrawal, Shakuntala Devi Agrawal and Manoj Kumar Agrawal
Orissa Bengal Carrier IPO details
Subscription Dates 22 - 26 March 2018
IPO Price band INR30 per share
Fresh issue 5,564,000 shares (INR16.69 crore)
Offer for sale Nil
Total IPO size 5,564,000 shares (INR16.69 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Working Capital Requirements - INR16.22 crore
  • Issue Expenses - INR0.47 crore
Orissa Bengal Carrier's financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 6M FY2018
Total revenue 135.5 185.2 206.5 220.6 213.0 164.0
Total expenses 135.5 184.8 205.6 218.5 208.2 159.5
Profit after tax -0.2 0.0 0.9 1.8 4.0 3.5
Orissa Bengal Carrier's Contact Details

Orissa Bengal Carrier Limited
Jiwan Bima Marg
Raipur - 492001

Phone: +91 771 4054518
Email: cs@obclimited.com
Website: www.obclimited.com

Orissa Bengal Carrier IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.17
Day 2 0.38
Day 3 1.17
Orissa Bengal Carrier Valuation (Latest FY)

Earnings Per Share (EPS): INR22.93

Price/Earnings (P/E) ratio: 1.31

Return on Net Worth (RONW): 14.07%

Net Asset Value (NAV): INR163.05 per share

Registrar of Orissa Bengal Carrier IPO

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

Phone: +91 22 4043 0200 
+91 22 2847 5201
Website: www.bigshareonline.com

Orissa Bengal Carrier IPO Allotment Status

Orissa Bengal Carrier IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Orissa Bengal Carrier

IPO Opening Date: 22 March 2018

IPO Closing Date: 26 March 2018

Listing Date: 5 April 2018

Listing Price on BSE SME: INR31.9 per share (up 6.33% from IPO price)

Closing Price on BSE SME: INR33.45 per share (up 11.5% from IPO price)

Orissa Bengal Carrier IPO
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