IPO Issue Details
Issue Price / Price Band₹55 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size45,72,000 shares (aggregating up to ₹25.15 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 23 Mar 2017
Subscription CloseMon, 27 Mar 2017
Anchor AllotmentWed, 22 Mar 2017
Basis of AllotmentSun, 02 Apr 2017
Initiation of RefundsMon, 03 Apr 2017
Credit of Shares to DematMon, 03 Apr 2017
Listing DateWed, 05 Apr 2017
UPI Mandate Deadline2017-03-27
Application & Investment Details
Retail — Min (1 Lots)₹1,10,000 — 2,000 shares
Retail — Max (13 Lots)₹1,430,000 (13 Lots)
HNI — Min (2 Lots)₹2,20,000 — 4,000 shares
Net Offer to Public43,36,000 shares (aggregating up to ₹23.85 Cr)
Reserved for Market Maker2,36,000 shares (aggregating up to ₹1.30 Cr)
Pre-IPO Promoter Holding1,06,69,013 shares
Post-IPO Promoter Holding1,52,41,013 shares
About Bohra Industries Ltd
Incorporated in 1996, Bohra Industries Limited manufactures and markets phosphatic fertilizers. Comapny's products include single super, granualated single super, and triple super phosphate. The company markets its products through dealers, retailers, and marketers in India.BIL has also entered into marketing tie up with some of the leading fertilizer manufacturing companies in India. Some of the fertilizer companies with whom they have a marketing tie up are:1. Rashtriya Chemicals and Fertilizers Ltd (RCF)2. Nagarjuna Fertilizers and Chemicals Ltd (NFCL)3. Chambal Fertilizers and Chemicals Ltd (CFCL)
Objects of the Issue
Bohra Industries Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To Purchase of Machinery and Equipment for SSP Expansion
7.00
2
To meet working capital requirements
12.00
3
To meet general corporate purpose
4.15
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,06,69,013 shares
Post-IPO Promoter Holding
1,52,41,013 shares