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Open
30 Sep to 6 Oct, 2016
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Close
30 Sep to 6 Oct, 2016
3
Allotment
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Listing
Mon, Oct 17, 2016
Price Band
₹16 per share
Issue Size
12,48,000 shares (agg. up to ₹2 Cr)
Lot Size
8,000 Shares
Listing Date
Mon, Oct 17, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.35x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Radhika Jeweltech Ltd. | SME | ₹49.50 Cr | ₹75 | null | ₹71.00 | -5.33% | ₹65.88 (-0.62%) |
| KKV Agro Powers Ltd. | SME | ₹3.58 Cr | ₹320 | null | ₹342.00 | +6.88% | ₹499.35 (-4.99%) |
| Darshan Orna Ltd. | SME | ₹7.54 Cr | ₹60 | null | ₹61.00 | +1.67% | ₹2.22 (-1.33%) |
| Patdiam Jewellery Ltd. | SME | ₹5.00 Cr | ₹38 | null | ₹58.25 | +53.29% | ₹234.00 (-7.14%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 1.25 |
| 2 | General corporate purposes | 0.35 |
About Bindal Exports IPO
Incorporated in 1997, Bindal Exports Ltd is a Surat, Gujarat-based company involved in supplying fabrics, trading grey cloth and finished fabrics and job work of fabrics. The products the company produces include dyed and printed fabrics of polyester, cotton and viscose base; Indian ethnic wear like saree and salwar-kurta-dupatta, embellished stoles and Scarves and flags.Company has sticking and cutting facility with requisite types of machinery and facilities at Surat. The products produce cater to both domestic and international markets.Competitive Strengths:1. Experienced Management Team2. Quality Assurance3. A co-relation with its group company4. Established Marketing Setup5. Locational Advantage6. Scalable Business Model+ Read More
Contact Details
Bindal Exports Ltd. AddressBindal House, KumbhariaSurat Kadodara RoadSurat, Gujarat, 394210+91-261-2640700Visit Website