IPO Issue Details
Issue Price / Price Band₹60 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size17,32,000 shares (aggregating up to ₹10.39 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 12 Apr 2018
Subscription CloseTue, 17 Apr 2018
Anchor AllotmentWed, 11 Apr 2018
Basis of AllotmentFri, 20 Apr 2018
Initiation of RefundsMon, 23 Apr 2018
Credit of Shares to DematTue, 24 Apr 2018
Listing DateWed, 25 Apr 2018
UPI Mandate Deadline2018-04-17
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 2,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 4,000 shares
Net Offer to Public16,44,000 shares (aggregating up to ₹9.86 Cr)
Reserved for Market Maker88,000 shares (aggregating up to ₹0.5280 Cr)
Pre-IPO Promoter Holding48,26,580 shares
Post-IPO Promoter Holding65,58,580 shares
About Bombay Super Hybrid Seeds Ltd.
Incorporated in 2000, Gujarat based Bombay Super Hybrid Seeds is Manufacturer and Supplier of premium grade Agricultural Seeds. The products of the company are popular for its pure cultivation, moisture-proof packaging, high yield assurance and longer shelf life. It has two brands Kasturi and Bombay.The product ranges of the company has jumped to more than 27 crops with more than 111 varieties in a span of just 8 years with expansion in Gujarat, Maharastra, Rajasthan, Madhya Pradesh, Andra Pradesh and Karnataka with the necessary approved license. It has also successfully established distribution network of 350 plus dealers. Bombay Super has a state of art fully equipped seed processing unit and seed testing laboratory.
Objects of the Issue
Bombay Super Hybrid Seeds Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working capital Requirements
5.00
3
3 General Corporate Purpose
2.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
48,26,580 shares
Post-IPO Promoter Holding
65,58,580 shares