Issue Price
₹150
Per Share
GMP
NIL
Grey Market
Est. Listing
₹150
Expected Price
Min. Application
₹300,000
2 lots × 1000 shares
Incorporated in 2008, Bhatia Communications & Retail (India) Limited is Surat Gujrat based company engaged into retail and wholesale distribution business of mobile handsets, tablets, data-cards, mobile accessories, mobile related products etc. Company sell smart mobile handsets of all the brands including Apple I-Phone, Samsung, OPPO, GIONEE, VIVO etc, mobile related products, tablets, data cards, accessories under one roof through its owned 72 retail outlets and 24 franchisee located all over the South Gujarat region including Surat, Vapi, Valsad, Navsari, Vyara etc.Company also provide credit/EMI facilities to its customers for buying its products for which it has tied up with major leading credit houses like Bajaj Finserv, Capital First etc.Company purchases the phones either from distributors or directly from the manufacturers. Bhatia Communications have 84 full time employees.
Bhatia Communications & Retail (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 84,000 | — | ₹1.26 Cr | — |
| TOTAL | 1,650,000 | 100.00% | ₹24.75 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹150,000 |
| Retail (Max) | 13 | 13,000 | ₹1,950,000 |
| sNII (Min) | 14 | 14,000 | ₹2,100,000 |
| bNII (Min) | 68 | 68,000 | ₹10,200,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 133.49 | 96.08 | 110.57 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 0.47 | 0.30 | 0.34 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 25.01 | 17.84 | 18.33 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |