Bedmutha Industries Ltd is one of the leading steel wire manufacturers in western India located in Nashik. Bedmutha operate four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits.
Company has wide range of wire and wire products - Galvanized wires, Cable Armour Wires, ACSR Wires, Wire Nails, Earth Wires, Stay Wires, Spring Steel Wires, Barbed Wires, etc. Products are used in various areas such as roads, bridges, flyovers, power, automobile, engineering, agriculture, railways and defence. Their products are approved by Bureau of Indian Standards, Power Grid Corporation and State Electricity Boards.
Bedmutha have promoted Kamalasha Infrastructure & Engineering Private Limited (KIEPL) which is their subsidiary, for implementation of turnkey contracts for infrastructure namely in power, roads, railways etc.
The Promoters of the company are:
1. Mr. Kachardas Ratanchand Bedmutha
2. Mr. Ajay Kachardas Vedmutha
3. Mr. Vijay Kachardas Vedmutha
4. Mrs. Usha Vijay Vedmutha
5. Bedmutha Sons Realty Ventures Private Limited
|Particulars||For the year/period ended (Rs. in Lacs)|
|Profit After Tax (PAT)||856.03||702.93||392.45||(25.13)||23.61|
The object of the Issue is to finance:
1. Setting up of new plant at Sinnar, Nashik for manufacturing of new product Low Relaxation Pre-Stress Concrete (LRPC) Wire and Spring Steel Wire;
2. General Corporate Purposes;
3. Issue Expenses.
»» Issue Open: Sep 28, 2010 - Oct 1, 2010
»» Issue Type: Book Built Issue IPO
»» Issue Size: 9,000,000 Equity Shares of Rs 10 aggregating up to Rs 91.80 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs. 95 - Rs. 102 Per Equity Share
»» Market Lot: 65 Shares
»» Minimum Order Quantity: 65 Shares
»» Listing At: BSE, NSE
ICRA has assigned an IPO Grade 2 to Bedmutha Industries Limited IPO. This means as per ICRA company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the ICRA IPO Grading Document for Bedmutha Industries Limited.
Check IPO Ratings from other stock analysts.
Bedmutha Industries IPO, Bedmutha IPO, Bedmutha IPO Bidding, Bedmutha IPO Allotment Status, Bedmutha drhp and Bedmutha Industries Limited IPO listing.
|Number of Times Issue is Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||4,500,000||1,350,000||3,150,000||9,000,000|
|Day 1 - Sep 28, 2010 17:00 IST||0.0000||2.3900||0.1700||0.4200|
|Day 2 - Sep 29, 2010 17:00 IST||0.0000||2.9700||0.3400||0.5600|
|Day 3 - Sep 30, 2010 17:00 IST||0.0000||2.9800||0.5900||0.6500|
|Day 4 - Oct 1, 2010 18:30 IST||0.6700||29.1900||8.5100||7.6900|
Vote Here ...
We provide detail comparison of stock / commodities brokeRs We helped over 75,000 traders/investors to save 60% or more brokerage in last 3 yeaRs Here is the list of popular brokers to help investors like you to find the best broker.
We can help you choosing the right broker. Contact us today...
Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O
Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits
(* on online account opening)
Trade at 0.007% or Rs 15 Flat
50% cash back on 30 days brokerage + 50% off on a/c opening fees
Get This Exclusive Offer
Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
Rs 0 account opening fee
(Rs 400 waived)