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Open
28 Sep to 1 Oct, 2010
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Close
28 Sep to 1 Oct, 2010
3
Allotment
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Listing
Thu, Oct 14, 2010
Price Band
₹95 to ₹102
Issue Size
90,04,211 shares (agg. up to ₹92 Cr)
Lot Size
65 Shares
Listing Date
Thu, Oct 14, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.61x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Gallantt Ispat Ltd. | Mainboard | ₹40.50 Cr | ₹50 | null | ₹81.05 | +62.10% | (+0.00%) |
| Prakash Steelage Ltd. | Mainboard | ₹68.75 Cr | ₹110 | null | ₹185.35 | +68.50% | ₹4.07 (+1.98%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new plant at Sinnar, Nashik for manufacturing of new product Low Relaxation PreStress Concrete (LRPC) Wire and Spring Steel Wire. | 84.94 |
| 2 | General Corporate Purposes |
About Bedmutha Industries IPO
Bedmutha Industries Ltd is one of the leading steel wire manufacturers in western India located in Nashik. Bedmutha operate four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits.Company has wide range of wire and wire products - Galvanized wires, Cable Armour Wires, ACSR Wires, Wire Nails, Earth Wires, Stay Wires, Spring Steel Wires, Barbed Wires, etc. Products are used in various areas such as roads, bridges, flyovers, power, automobile, engineering, agriculture, railways and defence. Their products are approved by Bureau of Indian Standards, Power Grid Corporation and State Electricity Boards.Bedmutha have promoted Kamalasha Infrastructure & Engineering Private Limited (KIEPL) which is their subsidiary, for implementation of turnkey contracts for infrastructure namely in power, roads, railways etc.+ Read More
Contact Details
Bedmutha Industries Ltd. AddressBedmutha Industries LtdA-32, STICESinnarNashik, Maharashtra, 42210391-2551240481/240631ipo@bedmutha.comVisit Website