✓
Open
20 Jun 2018
✓
Close
22 Jun 2018
3
Allotment
—
✓
Listing
Mon, Jul 2, 2018
Price Band
₹780 to ₹783
Issue Size
76,64,994 shares (agg. up to ₹600 Cr)
Lot Size
19 Shares
Listing Date
Mon, Jul 2, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.57x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 484.17 | 455.56 | 419.87 | 374.64 |
| Total Income | 599.32 | 818.16 | 694.99 | 639.63 |
| Profit After Tax | 65.25 | 80.46 | 77.46 | 55.32 |
| EBITDA | 113.04 | 149.85 | 155.46 | 112.95 |
| NET Worth | 361.92 | 324.07 | 243.70 | 210.31 |
| Reserves and Surplus | 358.14 | 330.79 | 250.42 | 205.48 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Galaxy Surfactants Ltd. | Mainboard | ₹937.09 Cr | ₹1480 | null | ₹1,700.45 | +14.90% | ₹1,937.60 (-1.31%) |
| Yasho Industries Ltd. | SME | ₹28.99 Cr | ₹100 | null | ₹101.25 | +1.25% | ₹3,000.40 (+0.21%) |
| Hindcon Chemicals Ltd. | SME | ₹7.73 Cr | ₹28 | null | ₹29.30 | +4.64% | ₹21.24 (-1.35%) |
| Arvee Laboratories (India) Ltd. | SME | ₹8.91 Cr | ₹61 | null | ₹62.50 | +2.46% | ₹158.01 (-1.92%) |
About Fine Organic Industries IPO
Incorporated in 2002, Mumbai based Fine Organic Industries Limited is a company engaged in manufacturing of oleochemical-based additives. As per CRISIL Research Report, it is the largest manufacturer of oleochemical-based additives in India and a strong player globally in this industry. The company produces a wide range of specialty plant derived oleochemicals-based additives used in the food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries. It has a range of 387 different products sold under the 'Fine Organics' brand. Fine Organics is the first company to introduce slip additives in India and is the largest producer of slip additives in the world. Its direct customers are multinational, regional and local players manufacturing consumer products, such as Hindustan Unilever and Parle Products, and petrochemical companies and polymer producers globally. The plastics additives and specialty additives are also used in the packaging of foods and other fast moving consumer goods.The company currently has three production facilities in Ambernath, Badlapur, and Dombivli in Maharashtra. As of December 31, 2017, these three facilities have a com
Contact Details
Fine Organic Industries Ltd. AddressFine HouseAnandji LaneGhatkopar (East)Mumbai, Maharashtra, 400077(91 22) 2102 5000investors@fineorganics.comVisit Website