Issue Price
₹37
Per Share
GMP
NIL
Grey Market
Est. Listing
₹37
Expected Price
Min. Application
₹222,000
2 lots × 3000 shares
Mumbai based Billwin Industries Ltd is engaged in the manufacturing of protective gear which are life jackets, inflatable boats, and rainwear. The raw material for manufacturing protective gear (called Coated Fabric) is purchased by the company from domestic and international markets.The product range of the company includes rainwear coat, rucksack, life jackets, winter jacket, inflatable boats dinghys, river raft boat, sleeping bags, facial mask, and pulsar jacket.The manufacturing unit of the company is located at Bhandup West Mumbai Maharashtra with approximately 5190 sq. ft area. This facility is equipped with semi-automatic and automated equipment. The company sells products through tenders and distributors & retailers. The distribution channel of the company covers Maharashtra, Kerala, Gujrat, Chattisgarh, Tamilnadu, Assam, Haryana, and Trivandrum Tripura.The company also sells products through e-commerce platforms such as Amazon, Flipkart, Shopcules Xerve, and Buy Hatke.Competitive Strengths1. Quality services2. Semi-automated units3. Diversified product portfolio4. Existing distribution network
Billwin Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 36,000 | — | ₹0.13 Cr | — |
| TOTAL | 666,000 | 100.00% | ₹2.46 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹111,000 |
| Retail (Max) | 13 | 39,000 | ₹1,443,000 |
| sNII (Min) | 14 | 42,000 | ₹1,554,000 |
| bNII (Min) | 68 | 204,000 | ₹7,548,000 |
| Particulars | 05-March-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 38.42 | 60.72 | 184.61 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 3.47 | 10.78 | 11.47 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 733.16 | 33.78 | 217.10 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |