IPO Issue Details
Issue Price / Price Band₹25 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size48,90,000 shares (aggregating up to ₹12.23 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 12 Mar 2013
Subscription CloseThu, 14 Mar 2013
Anchor AllotmentMon, 11 Mar 2013
Basis of AllotmentWed, 20 Mar 2013
Initiation of RefundsThu, 21 Mar 2013
Credit of Shares to DematThu, 21 Mar 2013
Listing DateMon, 25 Mar 2013
UPI Mandate Deadline2013-03-14
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 6,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 12,000 shares
Net Offer to Public46,38,000 shares (aggregating up to ₹11.60 Cr)
Reserved for Market Maker2,52,000 shares (aggregating up to ₹0.6300 Cr)
Pre-IPO Promoter Holding1,59,18,640 shares
Post-IPO Promoter Holding1,85,10,640 shares
Fresh Issue Shares23,46,000 shares (aggregating up to ₹5.87 Cr)
Offer for Sale Shares22,92,000 shares of ₹10 (aggregating up to ₹5.73 Cr)
About Bothra Metals & Alloys Ltd.
Incorporated in 2001, Bothra Metals and Alloys Ltd is engaged in the business of manufacturing aluminium extrusions, aluminium profiles and aluminium billets for commercial, industrial and domestic applications.Company offers a wide range of aluminum products including aluminium ingots, aluminium billets, aluminium shots and aluminum extrusion products like aluminium channels, aluminium sections, aluminium flat bars, aluminium tubes, etc. Company is also engaged in trading of aluminium scrap.Company currently operates from three plants; viz. Kala-amb (Himachal Pradesh), Bhavnagar (Gujarat) and Sangli (Maharashtra). The main raw material for the products is aluminium ingots and aluminum scrap, which is sourced from India and abroad.Aluminium extrusions manufactured by the Company are used in several applications, including heat sinks, heat exchangers, aluminium doors and window frames. Products provided by the Company is used in growing sectors of Indian economy, viz. Transport, Building and construction, Electrical & mechanical engineering, Packaging, Automobile, Beverage, and Marine. Poducts are also used in window and door frame systems, pre fabricated building structures, shop fronts, exterior and roofing claddings, curtain walling, etc.
Objects of the Issue
Bothra Metals & Alloys Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital requirements
6.00
2
2 General Corporate Purpose
0.31
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,59,18,640 shares
Post-IPO Promoter Holding
1,85,10,640 shares