IPO Issue Details
Issue Price / Price Band₹15 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size33,12,000 shares (aggregating up to ₹4.97 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 25 Jul 2014
Subscription CloseWed, 30 Jul 2014
Anchor AllotmentThu, 24 Jul 2014
Basis of AllotmentTue, 05 Aug 2014
Initiation of RefundsWed, 06 Aug 2014
Credit of Shares to DematWed, 06 Aug 2014
Listing DateTue, 12 Aug 2014
UPI Mandate Deadline2014-07-30
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 8,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 16,000 shares
Net Offer to Public31,44,000 shares (aggregating up to ₹4.72 Cr)
Reserved for Market Maker1,68,000 shares (aggregating up to ₹0.2520 Cr)
Pre-IPO Promoter Holding38,02,500 shares
Post-IPO Promoter Holding71,06,500 shares
About Carewell Industries Ltd.
Carewell Industries Ltd is engaged in marketing the mosquito repellent coils under the brand "ROOSTER". It is also engaged in the marketing of incense sticks (agarbattis) in the brand name "Deo" and "Samraj".CIL gets products manufactured from third party manufacturers under its own brand and market it through the network of dealers and distributors. Currently, its products are sold in South India. They provide value for money coils primarily focusing on Household Insecticides Products.
Objects of the Issue
Carewell Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
2
2 Additional Working Capital Requirements
2.40
3
3 Public Issue Expenses
0.47
Shareholding & Lock-in
Pre-IPO Promoter Holding
38,02,500 shares
Post-IPO Promoter Holding
71,06,500 shares