IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size6,80,000 shares (aggregating up to ₹2.04 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 26 Jun 2014
Subscription CloseMon, 30 Jun 2014
Anchor AllotmentWed, 25 Jun 2014
Basis of AllotmentSun, 06 Jul 2014
Initiation of RefundsMon, 07 Jul 2014
Credit of Shares to DematMon, 07 Jul 2014
Listing DateMon, 14 Jul 2014
UPI Mandate Deadline2014-06-30
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
Net Offer to Public6,44,000 shares (aggregating up to ₹1.93 Cr)
Reserved for Market Maker36,000 shares (aggregating up to ₹0.1080 Cr)
Pre-IPO Promoter Holding15,17,200 shares
Post-IPO Promoter Holding21,97,200 shares
About Bansal Roofing Products Ltd.
incorporated in 2008, Bansal Roofing Products Ltd (BRPL) is engaged in manufacturing of roofing sheets and roofing accessories such as Colour Coated Roof Sheets, FRP Roof Sheets, Polycarbonate Sheets. They also manufacture Eco Ventilators and other miscellaneous Roofing Accessories and provide all roofing solutions to customers, under one roof.Company's products includes accessories like NLC, Ridge Cap, Barge Board, Water Channel, Drain Pipe etc. The products manufactured by the Company are made on automatic and semi automatic Roll forming machine, Crimping Machine, Shearing Machine and folding machine.
Objects of the Issue
Bansal Roofing Products Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet Long Term Working Capital Requirement
1.54
2
2 General Corporate Purposes
0.10
3
3 Public Issue Expenses
0.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
15,17,200 shares
Post-IPO Promoter Holding
21,97,200 shares