Issue Price
₹115
Per Share
GMP
NIL
Grey Market
Est. Listing
₹115
Expected Price
Min. Application
₹276,000
2 lots × 1200 shares
Incorporated in 2012, Banka BioLoo Limited provides sanitation infrastructure and human waste management solutions and services. They offers innovative and simple bio-digester technology patented by Defense Research and Development Organisation (DRDO), the R&D arm of the Indian Ministry of Defense. They manufactures, supplies, and installs bio-tanks for digestion of human waste.They also provide sanitation operations and maintenance (O&M) services to Indian Railways. The anaerobic bio-digester technology helps users manage waste onsite, without depending on expensive and energy-consuming sewage infrastructure. Thet are involved in the rental and AMC of mobile biotoilets; handling of low cost housing projects for sanitation requirement at rural area; sale of spares of control discharge toilet system to Indian Railways; and provision of consultancy services for development of large bio tanks, as well as waste water treatment and recycling solutions.Banka BioLoo have installed over 6,000 bio-toilet units across India and currently undertake 12 O&M service contracts with Indian Railways. Their solutions can be used for many purposes like Household Bio-toilets, Mobile Bio-toilets, School Bio-toilet Blocks, Bio-toilets at worksites and Bio-digester Tanks for various user groups.
Banka BioLoo Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 58,800 | — | ₹0.68 Cr | — |
| TOTAL | 1,098,000 | 100.00% | ₹12.63 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹138,000 |
| Retail (Max) | 13 | 15,600 | ₹1,794,000 |
| sNII (Min) | 14 | 16,800 | ₹1,932,000 |
| bNII (Min) | 68 | 81,600 | ₹9,384,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| 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 |