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Bajaj Corp Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹660
Per Share
GMP
NIL
Grey Market
Est. Listing
₹660
Expected Price
Min. Application
₹13,200
2 lots × 10 shares
IPO Issue Details
Issue Price / Price Band₹660 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size10 Shares per Lot
Total Issue Size45,00,000 shares (aggregating up to ₹297.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 02 Aug 2010
Subscription CloseThu, 05 Aug 2010
Anchor AllotmentSun, 01 Aug 2010
Basis of AllotmentWed, 11 Aug 2010
Initiation of RefundsThu, 12 Aug 2010
Credit of Shares to DematThu, 12 Aug 2010
Listing DateWed, 18 Aug 2010
UPI Mandate Deadline2010-08-05
Application & Investment Details
Retail — Min (1 Lots)₹6,600 — 10 shares
Retail — Max (13 Lots)₹85,800 (13 Lots)
HNI — Min (31 Lots)₹2,04,600 — 310 shares
Pre-IPO Promoter Holding2,50,00,000 shares
Post-IPO Promoter Holding2,95,00,000 shares
About Bajaj Corp Ltd.

Incorporated in 2006, Bajaj Corp Ltd is one of India’s leading FMCG company with major brands in Hair care category. Bajaj Corp Ltd is part of Shishir Bajaj Group of companies (the "Bajaj Group"). Through its subsidiaries, the Bajaj Group operates businesses in the consumer goods, sugar, power generation and infrastructure development industries throughout India.Bajaj Corp sells the Bajaj Almond Drops, Amla Shikakai, Brahmi Amla and Jasmine Hair Oil brands. Bajaj Almond Drops is the key product of the company. It also produces oral care products under the brand name Bajaj Black Tooth Powder.Bajaj manufacture their products at two company-operated facilities in Parwanoo and Dehradun. Company also expect to open a third company-operated facility at Paonta Sahib. By completing this 3,500 square meter facility in Paonta Sahib, Bajaj expect their production capacity for light hair oil to increase from 39 million liters per annum to 74 million liters per annum. In addition, they also engage third-party manufacturers at Parwanoo, Himachal Pradesh for hair oils and Udaipur, Rajasthan to produce our oral care products. These third-party facilities have a combined installed capacity of 9 million liters per annum. As of December 31, 2009, the combined production capacity for all company and third-party operated production facilities was 83 million liters per annum.

Objects of the Issue

Bajaj Corp Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Promote the future products.
220.00
2
2 Acquisitions and other strategic initiatives.
50.00
3
3 General Corporate Purposes.
5.46
Shareholding & Lock-in
Pre-IPO Promoter Holding 2,50,00,000 shares
Post-IPO Promoter Holding 2,95,00,000 shares
Check AllotmentCheck Status →
Bajaj Corp Ltd. — Live Price LIVE
₹660.00
INR · BSE
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Issue ₹660.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹660
GMPNIL
Est. Listing₹660
Lot Size10 shares
Min Amount₹13,200
Listing Date18 Aug 2010
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹660
Listing Date18 Aug 2010
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 4,500,000 100.00% ₹297.00 Cr
* Based on ₹660.00 (upper price band)
Lot Size & Investment Details
Lot Size
10
Shares
Issue Price
₹660.00
Per Share
Min Investment
₹6,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 10 ₹6,600
Retail (Max) 2 20 ₹13,200
sNII (Min) 31 310 ₹204,600
bNII (Min) 152 1,520 ₹1,003,200
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31-Dec-0931-Mar-0931-Mar-08
Revenue from Operations 239.19 252.02 0.01
EBITDA N/A N/A N/A
Profit After Tax (PAT) 56.49 46.99 0.06
Net Worth N/A N/A N/A
Total Assets N/A N/A N/A
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹660
Face Value ₹5 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW 327.66%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Bajaj Corp Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹5 Per Share
Script Code
N/A
Address
2nd Floor, Bld No. 2, Solitaire Corporate Park, 167, Guru Hargovind Marg, Chakala, Andheri (E), Mumbai – 400 093 Andheri, Maharashtra
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd.
Book Running Lead Manager (BRLM)