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Open
16 Nov 2006
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Close
22 Nov 2006
3
Allotment
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Listing
Mon, Dec 11, 2006
Price Band
₹90 to ₹105
Issue Size
87,75,000 shares (agg. up to ₹92 Cr)
Lot Size
60 Shares
Listing Date
Mon, Dec 11, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.82x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2006 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Assets | 262.62 | 231.47 | 176.78 |
| Total Income | 237.55 | 401.70 | 331.70 |
| Profit After Tax | 15.10 | 25.12 | 15.99 |
| EBITDA | 31.50 | 52.95 | 34.89 |
| NET Worth | 75.22 | 61.22 | 39.56 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Malu Paper Mills Ltd. | Mainboard | ₹25.00 Cr | ₹30 | 9.89 | ₹32.45 | +8.17% | ₹29.89 (+0.30%) |
| Sree Sakthi Paper Mills Ltd. | Mainboard | ₹25.00 Cr | ₹30 | 22.21 | ₹29.20 | -2.67% | ₹21.87 (+4.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up and expansion of manufacturing facilities in India | 71.48 |
| 2 | Replenishing the internal accruals of the Company used for purchase of factory land located at Pune | 0.37 |
| 3 | Purchase of existing Registered/Corporate office premises presently on leave and licence. | 4.00 |
| 4 | Capital expenditure for setting up of new regional sales offices | 10.00 |
| 5 | Repayment of existing long term debts | 19.24 |
| 6 | Augmentation of long term working capital | 30.00 |
| Total | 135.09 |
About Blue Bird IPO
Blue Bird (India) Limited (Blue Bird) is a manufacturer of paper-based notebook products under its Blue Bird bran. The Company also manufactures other stationery products like files, perforated pads, registers and filler papers as part of its business. Blue Bird also prints text books and engages in other bespoke commercial printing of items, such as calendars and diaries, leaflets and product pamphlets and instruction materials and published books and other materials, as well as publishing in-house produced content. The Company sells its student/exercise book and other stationery products principally in western India, including the State of Maharashtra.Key Notes: 1. Blue Bird has highest market share of 48% amongst large players in the organised market for paper-based student/exercise book products in India. 2. During fiscal 2005, Blue Bird began export of printed materials, including textbooks and student/exercise books to Kenya, Ghana and South Africa. 3. Blue Bird is planning to expand both market presence within India, with plans to develop facilities in southern India during fiscal 2007 and 2008, and market presence in sub-Saharan Africa, with increased marketing efforts and
Contact Details
Blue Bird (India) Ltd. AddressBlue Bird Limited759/74, Prabhat RoadDeccan GymkhanaPune, Maharashtra, 411004(91 20) 2567 6163bluebird@bluebirdpune.comVisit Website