IPO Issue Details
Issue Price / Price Band₹25 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size45,18,000 shares (aggregating up to ₹11.30 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 18 Jan 2013
Subscription CloseTue, 22 Jan 2013
Anchor AllotmentThu, 17 Jan 2013
Basis of AllotmentMon, 28 Jan 2013
Initiation of RefundsTue, 29 Jan 2013
Credit of Shares to DematTue, 29 Jan 2013
Listing DateThu, 07 Feb 2013
UPI Mandate Deadline2013-01-22
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 6,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 12,000 shares
Net Offer to Public37,68,000 shares (aggregating up to ₹9.42 Cr)
Reserved for Market Maker7,50,000 shares (aggregating up to ₹1.88 Cr)
Pre-IPO Promoter Holding1,04,00,000 shares
Post-IPO Promoter Holding1,49,00,000 shares
About Esteem Bio Organic Food Processing Ltd.
Incorporated in 1995, Esteem Bio Organic Food Processing Ltd is engaged in to agriculture operations. Company cultivates wheat, paddy, sugar cane, fruits, vegetables, flowers and also engaged in wood plantation. Esteem Bio have an integrated facility of cultivation, processing and distribution of agriculture commodities.Company has especial focus on organic farming for its horticulture segment of farming, wherein it use bio-agri inputs such as Bio-Pesticides and Bio-Fertilizers.Esteem Bio has farms spread over 295.80 Acres in Uttarakhand where company cultivates wheat, paddy, pulses, sugar cane and vegetables. They are also equipped with orchard of Mango, Guava, Pomegranate and various kinds of flowers predominantly Roses. Company also engage in wood plantation viz. Poplar, Eucalyptus, Kadam, Mentha and Bamboos.
Objects of the Issue
Esteem Bio Organic Food Processing Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up of Shade Net Cultivation facility
3.80
2
2 Development of Farm land for transition to Organic Farming
5.65
3
3 Procurement of farm tools and equipments
0.30
4
4 Brand Building and General Corporate purposes
0.80
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,04,00,000 shares
Post-IPO Promoter Holding
1,49,00,000 shares