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 Size36,40,000 shares (aggregating up to ₹10.92 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 22 Aug 2022
Subscription CloseWed, 24 Aug 2022
Anchor AllotmentSun, 21 Aug 2022
Basis of AllotmentMon, 29 Aug 2022
Initiation of RefundsTue, 30 Aug 2022
Credit of Shares to DematThu, 01 Sep 2022
Listing DateFri, 02 Sep 2022
UPI Mandate Deadline2022-08-24
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
P/E Ratio (Pre-IPO)28.03x
Net Offer to Public34,56,000 shares (aggregating up to ₹10.37 Cr)
Reserved for Market Maker1,84,000 shares (aggregating up to ₹0.5520 Cr)
Pre-IPO Promoter Holding65,58,048 shares
Post-IPO Promoter Holding1,01,98,048 shares
About Naturo Indiabull Ltd.
Incorporated in 2016, Naturo Indiabull is in the business of the Fast-Moving Consumer Goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents.It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits. Currently, it is diversifying its product portfolio to health and herbal products i.e., soaps, shampoos, medicines, juices, tablets, etc.Competitive strengthsA broad range of products helps to cater to a diversified customer base. Long-term relationship with customers.Qualified and experienced management.Strong relationship with suppliers.
Objects of the Issue
Naturo Indiabull Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet the working capital requirements.
2
General corporate purposes.
3
To meet the issue expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding
65,58,048 shares
Post-IPO Promoter Holding
1,01,98,048 shares