IPO Issue Details
Issue Price / Price Band₹102 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size65 Shares per Lot
Total Issue Size90,04,211 shares (aggregating up to ₹91.84 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 28 Sep 2010
Subscription CloseFri, 01 Oct 2010
Anchor AllotmentMon, 27 Sep 2010
Basis of AllotmentThu, 07 Oct 2010
Initiation of RefundsFri, 08 Oct 2010
Credit of Shares to DematFri, 08 Oct 2010
Listing DateThu, 14 Oct 2010
UPI Mandate Deadline2010-10-01
Application & Investment Details
Retail — Min (1 Lots)₹6,630 — 65 shares
Retail — Max (13 Lots)₹86,190 (13 Lots)
HNI — Min (31 Lots)₹2,05,530 — 2,015 shares
Pre-IPO Promoter Holding1,20,27,400 shares
Post-IPO Promoter Holding2,10,27,400 shares
About Bedmutha Industries Ltd.
Bedmutha Industries Ltd is one of the leading steel wire manufacturers in western India located in Nashik. Bedmutha operate four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits.Company has wide range of wire and wire products - Galvanized wires, Cable Armour Wires, ACSR Wires, Wire Nails, Earth Wires, Stay Wires, Spring Steel Wires, Barbed Wires, etc. Products are used in various areas such as roads, bridges, flyovers, power, automobile, engineering, agriculture, railways and defence. Their products are approved by Bureau of Indian Standards, Power Grid Corporation and State Electricity Boards.Bedmutha have promoted Kamalasha Infrastructure & Engineering Private Limited (KIEPL) which is their subsidiary, for implementation of turnkey contracts for infrastructure namely in power, roads, railways etc.
Objects of the Issue
Bedmutha Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up of new plant at Sinnar, Nashik for manufacturing of new product Low Relaxation PreStress Concrete (LRPC) Wire and Spring Steel Wire.
84.94
2
2 General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,20,27,400 shares
Post-IPO Promoter Holding
2,10,27,400 shares