Issue Price
₹16
Per Share
GMP
NIL
Grey Market
Est. Listing
₹16
Expected Price
Min. Application
₹256,000
2 lots × 8000 shares
Incorporated in 1997, Bindal Exports Ltd is a Surat, Gujarat-based company involved in supplying fabrics, trading grey cloth and finished fabrics and job work of fabrics. The products the company produces include dyed and printed fabrics of polyester, cotton and viscose base; Indian ethnic wear like saree and salwar-kurta-dupatta, embellished stoles and Scarves and flags.Company has sticking and cutting facility with requisite types of machinery and facilities at Surat. The products produce cater to both domestic and international markets.Competitive Strengths:1. Experienced Management Team2. Quality Assurance3. A co-relation with its group company4. Established Marketing Setup5. Locational Advantage6. Scalable Business Model
Bindal Exports Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 64,000 | — | ₹0.10 Cr | — |
| TOTAL | 1,248,000 | 100.00% | ₹2.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹128,000 |
| Retail (Max) | 13 | 104,000 | ₹1,664,000 |
| sNII (Min) | 14 | 112,000 | ₹1,792,000 |
| bNII (Min) | 68 | 544,000 | ₹8,704,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |