Issue Price
₹63
Per Share
GMP
NIL
Grey Market
Est. Listing
₹63
Expected Price
Min. Application
₹252,000
2 lots × 2000 shares
Incorporated in 1990, Benara Bearings & Pistons Ltd is an ISO 9001:2015 certified company engaged in the manufacturing of engine bearings, bushes, pistons, piston pin, piston rings, cylinder liners and sleeves and engine valves.They are also in the business of marketing of products like ball bearings, spark plugs, rocker arms, timing chains, connecting rods, valve guides, valve seals & batteries (Motorcycle / Inverter / E Rickshaws) under their own brand which they source through third party contract manufacturing. Company markets its product in OEM and Replacement market.Company has two manufacturing facilities, which are situated at Sikandra, Agra ("Unit I") where they manufactures piston pin, piston ring and engine bearing and bushes and other one is at Artoni, Agra-Mathura Road Agra ("Unit II") where they manufactures piston, cylinder block / liner and engine valve. Company's products are well known in Uttar Pradesh, Madhya Pradesh, Bihar, Rajasthan, Haryana, Gujarat, Delhi NCR and West Bengal.
Benara Bearings & Pistons Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 272,000 | — | ₹1.71 Cr | — |
| TOTAL | 5,316,000 | 100.00% | ₹33.49 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹126,000 |
| Retail (Max) | 13 | 26,000 | ₹1,638,000 |
| sNII (Min) | 14 | 28,000 | ₹1,764,000 |
| bNII (Min) | 68 | 136,000 | ₹8,568,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 10437.82 | 8024.05 | 7180.55 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 455.38 | 75.68 | 45.96 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 6119.03 | 5151.80 | 4383.58 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |