IPO Issue Details
Issue Price / Price Band₹63 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size30,00,000 shares (aggregating up to ₹18.90 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 16 Nov 2021
Subscription CloseMon, 22 Nov 2021
Anchor AllotmentMon, 15 Nov 2021
Basis of AllotmentThu, 25 Nov 2021
Initiation of RefundsFri, 26 Nov 2021
Credit of Shares to DematMon, 29 Nov 2021
Listing DateMon, 29 Nov 2021
UPI Mandate Deadline2021-11-22
Application & Investment Details
Retail — Min (1 Lots)₹1,26,000 — 2,000 shares
Retail — Max (13 Lots)₹1,638,000 (13 Lots)
HNI — Min (2 Lots)₹2,52,000 — 4,000 shares
Net Offer to Public28,48,000 shares (aggregating up to ₹17.94 Cr)
Reserved for Market Maker1,52,000 shares (aggregating up to ₹0.9576 Cr)
Pre-IPO Promoter Holding30,50,000 shares
Post-IPO Promoter Holding60,50,000 shares
About Omnipotent Industries Ltd.
Omnipotent Industries are primarily engaged in the business of supplying bulk and packed bitumen as well as other bituminous products. The company either directly imports these products or buys from third-party importers and sells them to their various distributors as well as corporates. The company's products include bitumen 60/70 & 80/100, bitumen VG10, VG30, VG 40; bitumen emulsion, blown bitumen, micro surfacing bitumen, and modified bitumen CRMB, PMB, NRMB.The company is also engaged in consultancy services of setting up of plants for Bitumen & Bituminous products. The company provides end-to-end solutions from identification of land, plant & machinery to imparting training & making policy with staff on marketing & quality testing. The company has relationships with various importers, manufacturers, transporters, warehousing & bulk storage entities which gives them a cost advantage due to bulk purchase as well as sharing of logistics costs.The company is in the process of shifting its plant at Gandhidham, Kutch, Gujarat, which will be managed by a third-party operator.Competitive Strengths:Focus on procurement, sales, and customer serviceA strong relationship with business stakeholdersIn house dedicated processesExperienced & qualified Team
Objects of the Issue
Omnipotent Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment of Loans
8.00
2
2 Augmenting additional working capital requirements
6.67
3
3 General Corporate Purposes
3.48
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,50,000 shares
Post-IPO Promoter Holding
60,50,000 shares