FREE Account Opening + No Clearing Fees
Loading...

BEML LTD (Bharat Earth Movers Ltd) FPO (BEML IPO) Detail

June 27, 2007 - July 3, 2007

BEML IPO is a book built issue of Rs 526.75 crores.

BEML IPO bidding started from June 27, 2007 and ended on July 3, 2007. The shares got listed on BSE, NSE on July 17, 2007.

BEML IPO price band is set at ₹1020 to ₹1090 per share. The minimum lot size for an application is 5 Shares. The minimum amount of investment required by retail investors is ₹5,450.

ICICI Securities Limited is the book running lead manager of the BEML IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to BEML IPO RHP for detailed information.

BEML IPO Details

IPO Date June 27, 2007 to July 3, 2007
Listing Date July 17, 2007
Face Value ₹10 per share
Price Band ₹1020 to ₹1090 per share
Lot Size 5 Shares
Total Issue Size4,900,000 shares
(aggregating up to ₹526.75 Cr)
Issue Type Book Built Issue FPO
Listing At BSE, NSE

BEML IPO Lot Size

Investors can bid for a minimum of 5 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 5 ₹5,450
Retail (Max) 36 180 ₹196,200
Lot Size Calculator

About BEML LTD (Bharat Earth Movers Ltd)

Bharat Earth Movers Limited (BEML) is a leading manufacturer of mining and construction equipments in India. BEML was incorporated in 1964 as a Public Sector Undertaking (PSU) under the administrative control of Department of Defense Production and Supplies, Ministry of Defense, with headquarters at Bangalore.

BEML deals in three product segments comprising Mining and Construction equipments, Defense products and Railway & Metro products. BEML is also in design and manufacturing high quality hydraulics, heavy-duty diesel engines, welding robots and heavy fabrication jobs.

BEML is a Mini-Ratna (Category 1) Company under the Ministry of Defense and ranked as the first among the Fastest Growing Construction Equipment Companies in India.

Objects of the Issue (BEML IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. Expansion of Metro Coach Manufacturing Facility at Bangalore;
2. Capital Expenditure including up gradation of current facilities;
3. Voluntary Retirement Scheme ('VRS') for Employees;
4. Setting up of 5MW Wind Mill for captive consumption and
5. Contribution for setting up R&D Centre of Excellence for Metro Coaches.


BEML IPO Subscription Status (Bidding Detail)

The BEML IPO is subscribed 30.65 times on July 3, 2007 5:00:00 PM. The public issue subscribed 3.19 times in the retail category, 63.34 times in the QIB category, and 8.47 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

BEML IPO Prospectus

BEML IPO Rating

176
4.1
Rating:Rated 4.1 stars
Vote Here ...

BEML IPO Listing Details

Listing Date July 17, 2007
BSE Script Code 500048
NSE Symbol BEML
ISIN INE258A01016
Final Issue Price ₹1075 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹1,075.00
₹1,199.00
₹1,171.05
₹1,230.05
₹1,196.60
NSE
₹1,075.00
₹1,219.00
₹1,173.00
₹1,230.00
₹1,197.75

Check IPO Performance…

BEML LTD (Bharat Earth Movers Ltd) Contact Details

BEML LTD (Bharat Earth Movers Ltd)
Bharat Earth Movers Limited,
BEML Soudha, No. 23/1, 4th Main Road,
Sampangiramanagar, Bangalore � 560 027 India
Phone: +91-80-2296 3142
Email: office@cs.beml.co.in
Website: http://www.bemlindia.com

BEML IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

BEML IPO - Buy or Not

BEML IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 2 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

BEML IPO FAQs

BEML IPO is a main-board FPO of 4,900,000 equity shares of the face value of ₹10 aggregating up to ₹526.75 Crores. The issue is priced at ₹1020 to ₹1090 per share. The minimum order quantity is 5 Shares.

The FPO opens on June 27, 2007, and closes on July 3, 2007.

Kfin Technologies Limited is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.

The BEML IPO opens on June 27, 2007 and closes on July 3, 2007.

BEML IPO lot size is 5 Shares, and the minimum amount required is ₹5,450.

You can apply in BEML IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for BEML IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the BEML IPO allotment status.

The BEML IPO listing date is on July 17, 2007.
Open an Instant Account with Zerodha

BEML IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

146 Comments

146. sham |   Link |  Bookmark |August 6, 2007 11:31:44 AM
check your status on
http://karisma.karvy.com/jsp/Ipo_Status.jsp

thanks
sham
145. sourabh |   Link |  Bookmark |August 2, 2007 10:21:31 AM
I have not recived refund from beml. i had sent a mail to einward.ris@karvy.com but no reply from them. do any one know to whom i should contact for the same? my application no is 13790471.
Thanks in advance
Sourabh
144. Rohit |   Link |  Bookmark |July 24, 2007 11:20:35 AM
I applied for 40 shares, got 15. I recd the refund, however, I donot see the 15 shares in my DP account. What could be wrong?? Please advice.
143. Sudhashukla |   Link |  Bookmark |July 22, 2007 2:00:40 PM
i hv recvd the refund bt its 5000 less than wht i shudve got... y so does any1 have the email id's of the concerned persons who can b contacted for this.!!!!!!!!!!!!!!!!
142. vivek jain |   Link |  Bookmark |July 21, 2007 9:21:59 PM
i have applied for 20 shares but i got 7 shares of beml, rest of money has not been refunded can any one tell me what should i do?
141. Manish Bohra |   Link |  Bookmark |July 21, 2007 12:26:24 PM
I have applied for 50 shares for BEML through HDFCSEC my application number is 13771871. I was allotted 18 shares.
Still i did not got refund for rest of my money.
please suggest
140. susheel chauhan |   Link |  Bookmark |July 20, 2007 3:27:38 PM
Sorry for earlier message..I just got amount credited to my HDFC a/c
139. Susheel Chauhan |   Link |  Bookmark |July 20, 2007 12:10:56 PM
I applied for 15 shares of BEML through HDFC , Got 5 shares only but still no refund. To whom to follow up for refund. Any contact no , email id for this
138. ankit |   Link |  Bookmark |July 20, 2007 10:47:05 AM
hie i have applied for beml through hdfc a/c but have not recd. refund yet . have anybody recd. the refund through hdfc a/c
137. Chandrashekar M N |   Link |  Bookmark |July 19, 2007 11:51:07 PM
Sir my application no is 13679789 thru i-direct. had applied for 30 shares. was alloted 11. Refund not yet received. Pl help.
Thankyou.
136. vma |   Link |  Bookmark |July 19, 2007 10:17:19 PM
I have recd the shares but not recd refund till date ..applied through HDFC securities..pl advise
135. Deepak Agarwal |   Link |  Bookmark |July 19, 2007 12:13:00 PM
Can any one please tell the Phone no or the email id to contact and follow up for the refund.
134. Senthil |   Link |  Bookmark |July 19, 2007 9:04:40 AM
hi.
I applied 60 and got 22. Initially I received only 10900 as a refund. but two days later i received the remaining balance money. so i got the entire money finally.
133. santosh |   Link |  Bookmark |July 18, 2007 11:01:04 PM
i applied for 90 shares recieved 33 and got a refund of only 12000. Can anyone tell me what is happening?
132. Kamalesh |   Link |  Bookmark |July 18, 2007 9:31:13 PM
Hi..Friends,
I am new to this trading can any one tell me how to chk for the refund status of this fpo.
Thanks,
kamalesh
131. Santosh |   Link |  Bookmark |July 18, 2007 9:15:49 PM
I recived only 33 shares and instead of Rs 62625/- refund I got E-credit to my account only Rs. 10900/- .. I don't know where the money has gone . Can any body help ?????
130. Aravind |   Link |  Bookmark |July 18, 2007 7:55:46 PM
Hi, I didnt get any allotment with BEML and the amount is not yet refunded to my HDFC Bank account. Did any one who applied from HDFC Account get the refund back?

Cheers, D.Aravind
129. Manoj |   Link |  Bookmark |July 18, 2007 7:32:48 PM
I HAD APPLIED FOR 30 SHARES AND I GOT ALLOTTED WITH 11 SHARES . . . I AM HAVING MY ACCOUNT WITH ICICI DIRECT. . . . NOW I DIDNT RECEIVE ANY BALANCE AMOUNT BY EITHER OF THE MEANS (E-CREDIT OR CHECK) . . . . ANYBODY PLEASE HELP
128. vinit |   Link |  Bookmark |July 18, 2007 6:00:08 PM
I had applied for BEML FPO at cutoff price at Rs.1090. But know I came to know that it's per share value is fixed at Rs.1075. Will i get the refund of the balance amount????
127. Kamal |   Link |  Bookmark |July 18, 2007 4:04:23 PM
ICICI has since reversed the excess refund amount and made it fine. I donno what will happen to those who have been sent refund by means of paper/cheque refund order.