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Open
2 Dec 2004
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Close
8 Dec 2004
3
Allotment
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Listing
Thu, Dec 30, 2004
Price Band
₹55 to ₹66
Issue Size
1,25,00,000 shares (agg. up to ₹83 Cr)
Listing Date
Thu, Dec 30, 2004
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 72.17x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2004 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 | 31 Mar 2001 |
|---|---|---|---|---|---|
| Assets | 13.55 | 9.86 | 7.80 | 7.73 | 7.46 |
| Total Income | 9.89 | 12.17 | 6.13 | 5.96 | 8.82 |
| Profit After Tax | 1.45 | 0.60 | 0.12 | 0.12 | 0.20 |
| EBITDA | 2.74 | 1.75 | 0.80 | 0.78 | 0.58 |
| NET Worth | 4.05 | 2.53 | 1.72 | 1.53 | 1.55 |
| Reserves and Surplus | 3.05 | 1.61 | 1.13 | 1.01 | 1.03 |
| Total Borrowing | 3.16 | 2.22 | 2.06 | 2.10 | 1.21 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of Ratnagiri Yard | 65.00 |
| 2 | Working Capital Margin | 10.00 |
| Total | 75.00 |
About Bharati Shipyard IPO
Incorporated in 1973Bharati Shipyard Limited is a shipbuilding and offshore construction company engaged in the design, construction, and repair of ships and marine structures. The company specialized in building a wide range of vessels, including offshore supply vessels, anchor handling tug supply vessels, platform supply vessels, dredgers, cargo ships, and defense-related marine vessels. Bharati Shipyard served clients in the offshore oil and gas, shipping, and maritime industries. Bharati Shipyard expanded its operations through multiple shipyards and marine infrastructure facilities across India, including locations in Maharashtra and Goa. The company also undertook offshore fabrication and engineering projects for domestic and international customers. During the 2000s, Bharati Shipyard experienced significant growth driven by rising demand in the global shipping and offshore energy sectors. However, the company later faced financial stress due to high debt levels, project delays, and downturns in the shipping industry, which impacted its operations and financial position. Competitive Strengths: Technical Expertise Infrastructure & Equipments Quality Control Facilities Adherenc
Contact Details
Bharati Shipyard Ltd. AddressSaheb Building4th FloorD.N.Road, FortMumbai, Maharashtra, 40000191-22-22679090ipo@bharatishipyard.comVisit Website