IPO Issue Details
Issue Price / Price Band₹35 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size48,60,000 shares (aggregating up to ₹17.01 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 05 Oct 2018
Subscription CloseFri, 19 Oct 2018
Anchor AllotmentThu, 04 Oct 2018
Basis of AllotmentThu, 25 Oct 2018
Initiation of RefundsFri, 26 Oct 2018
Credit of Shares to DematFri, 26 Oct 2018
Listing DateMon, 29 Oct 2018
UPI Mandate Deadline2018-10-19
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 4,000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 8,000 shares
Net Offer to Public46,08,000 shares (aggregating up to ₹16.13 Cr)
Reserved for Market Maker2,52,000 shares (aggregating up to ₹0.8820 Cr)
Pre-IPO Promoter Holding1,25,23,638 shares
Post-IPO Promoter Holding1,67,23,638 shares
Fresh Issue Shares39,48,000 shares (aggregating up to ₹13.82 Cr)
Offer for Sale Shares6,60,000 shares of ₹10 (aggregating up to ₹2.31 Cr)
About BCPL Railway Infrastructure Ltd.
Incorporated in 1995, Kolkata based BCPL Railway Infrastructure Limited (BRIL) is a company engaged in the business of Railway Infrastructure Development involving design, drawing, supply, Erection and Commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment.Some of the major clients of the company are various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) as well as large Public and Private Sector Undertakings like RITES Ltd., Durgapur Projects Ltd., Adhunik Group, Usha Martin Industries Ltd, Essel Mining Industries Ltd., Jindal Steel and Power Ltd., Haldia Energy Limited, Rungta Mines and Electrosteel etc.The total revenues of the company stood at Rs 5,063.59 Lakhs, Rs 3,498.76 lakhs and Rs 2,573.92 Lakhs for the fiscal year 2018, 2017 and 2016 respectively.The PAT was Rs 404.55 Lakhs, Rs 127.20 Lakhs and Rs 96.11 Lakhs for the fiscal year 2018, 2017 and 2016 respectively.Competitive Strengths-1. Highly experienced in a niche market2. Strong roaster of clients3. Good track record of growth
Objects of the Issue
(Standard — DRHP pending)
BCPL Railway Infrastructure Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with
SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,25,23,638 shares
Post-IPO Promoter Holding
1,67,23,638 shares