Issue Price
₹26
Per Share
GMP
NIL
Grey Market
Est. Listing
₹26
Expected Price
Min. Application
₹208,000
2 lots × 4000 shares
Incorporated in 2013, Gujarat based Add-Shop Promotions Limited is a company engaged in the business of marketing and distribution of ayurvedic, food supplements, agricultural products, animal feed supplement and personal care products under the brand name "Add-Shop Promotions".The company supplies products manufactured by select manufacturers under its brand to retailers and wholesalers. It procures the finished products from certified manufacturers and markets it through various intermediaries and sales agents.Add-shop has tied up with Marss Herbal (India), a manufacturer of herbal and natural use products. The company supplies the manufactured products under "ADD-Shop" brand.To penetrate major markets, Add-shop has entered into an agreement with various collecting and forwarding agents (C&F's) like Panchlingeshwara Enterprises, in Karnataka., Just Need United Trading, Maharashtra, and Good Life Enterprises Telangana.The Company's total revenue as restated for the three months ended June 2018 and for the Financial year 2018, 2017 and 2016 was Rs.381.41 lakhs, Rs.1254.90 lakhs, Rs. 455.41 lakhs and Rs.192.67 lakhs, respectively.The profit/loss after tax as restated for the three months ended June 2018 and Financial Year 2018, 2017 and 2016 was Rs. 16.37 lakhs, Rs. 22.96 lakhs, 14.69 lakhs, and Rs. (0.38) lakhs, respectively.The company has 16 permanent employees on its payroll.
Add-Shop Promotions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 132,000 | — | ₹0.34 Cr | — |
| TOTAL | 2,396,000 | 100.00% | ₹6.23 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| sNII (Min) | 14 | 56,000 | ₹1,456,000 |
| bNII (Min) | 68 | 272,000 | ₹7,072,000 |
| Particulars | 31-June-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue from Operations | 384.41 | 1254.90 | 455.41 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 16.37 | 22.96 | 14.69 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 806.69 | 757.72 | 83.85 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |