IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size20,40,000 shares (aggregating up to ₹6.12 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 04 Sep 2017
Subscription CloseThu, 07 Sep 2017
Anchor AllotmentSun, 03 Sep 2017
Basis of AllotmentWed, 13 Sep 2017
Initiation of RefundsThu, 14 Sep 2017
Credit of Shares to DematThu, 14 Sep 2017
Listing DateFri, 15 Sep 2017
UPI Mandate Deadline2017-09-07
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
Net Offer to Public19,36,000 shares (aggregating up to ₹5.81 Cr)
Reserved for Market Maker1,04,000 shares (aggregating up to ₹0.3120 Cr)
Pre-IPO Promoter Holding40,56,114 shares
Post-IPO Promoter Holding60,96,114 shares
About Nouritrans Exim Ltd
Incorporated in 1995, Nouritrans Exim Ltd (NEL) is in the business of exports, imports and trading of commodity.They have global presence which covers various markets in USA, UK, Europe, South Africa and Middle East. The company has been accredited as an International Commodity Export-Import & trading company and having APEDA certificate. Its product portfolio covers various Agro based products and Scraps. Over the decades, NEL has emerged as a leading Import-Export & Trading Company with wide portfolio of International and Domestic customers. They have introduced "Al-Ayman" brand in the year 2009. Company's product portfolio covers various Agro based products and Scraps which is as follows:1. AL-AYMAN Basmati Rice2. AL-AYMAN Wheat Flour3. AL-AYMAN Sunflower Oil4. AL-AYMAN Mango Pulp5. AL-AYMAN Canned Vegetables
Objects of the Issue
Nouritrans Exim Ltd proposes to utilise the net proceeds from the Issue for the following objects:
2
General Corporate Expenses
Shareholding & Lock-in
Pre-IPO Promoter Holding
40,56,114 shares
Post-IPO Promoter Holding
60,96,114 shares