Chittorgarh.com
Free Trading + Demat Account

Bhatia Communications & Retail (India) Limited IPO (Bhatia Communications IPO) Detail

Feb 8, 2018 - Feb 12, 2018

Incorporated in 2008, Bhatia Communications & Retail (India) Limited is Surat Gujrat based company engaged into retail and wholesale distribution business of mobile handsets, tablets, data-cards, mobile accessories, mobile related products etc. Company sell smart mobile handsets of all the brands including Apple I-Phone, Samsung, OPPO, GIONEE, VIVO etc, mobile related products, tablets, data cards, accessories under one roof through its owned 72 retail outlets and 24 franchisee located all over the South Gujarat region including Surat, Vapi, Valsad, Navsari, Vyara etc.

Company also provide credit/EMI facilities to its customers for buying its products for which it has tied up with major leading credit houses like Bajaj Finserv, Capital First etc.

Company purchases the phones either from distributors or directly from the manufacturers. Bhatia Communications have 84 full time employees.

Company Promoters:

The promoters of the Company are Mr. Sanjeev Bhatia, Mr. Nikhil Bhatia & Mr. Harbanslal Bhatia.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 250.12 178.48 183.34 169.77 105.75
Total Revenue 1334.91 960.81 1105.74 1041.17 742.95
Profit After Tax 4.78 3.09 3.42 3.51 2.00

Objects of the Issue:

The Public Issue includes a Fresh Issue and an offer for sale by the Selling Shareholder

The Offer for Sale
Company will not receive any proceeds from the Offer for Sale.

Fresh Issue
The objects of the Issue are:
1. Long term Working capital requirement
2. General Corporate Purpose,
3. Meeting Public Issue Expenses.

Issue Detail:

  »»  Issue Open: Feb 8, 2018 - Feb 12, 2018
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 1,650,000 Equity Shares of Rs 10 aggregating up to Rs 24.75 Cr
    ›  Fresh Issue of 1,400,000 Equity Shares of Rs 10 aggregating up to Rs 21.00 Cr
    ›  Offer for Sale of 250,000 Equity Shares of Rs 10 aggregating up to Rs 3.75 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 150 Per Equity Share
  »»  Market Lot: 1000 Shares
  »»  Minimum Order Quantity: 1000 Shares
  »»  Listing At: BSE SME

Bhatia Communications IPO Reviews / Recommendations:

Dilip Davda's - avoid

 

Bhatia Communications IPO Subscription Status / Live Bidding Status

This section is moved. Please click 'Subscription (Live)' tab on top of the page.

 

Bhatia Communications IPO Prospectus

Bhatia Communications IPO Rating

49
3.0
Rating:Rated 3.0 stars

Vote Here ...

Bhatia Communications IPO Listing Date

  •   ›  Listing Date: Tuesday, February 20, 2018
  •   ›  BSE Script Code: 540956
  •   ›  NSE Symbol:
  •   ›  Listing In: MT
  •   ›  ISIN: INE341Z01017
  •   ›  Issue Price: Rs 150 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE SME
Rs 150.00
Rs 153.95
Rs 150.00
Rs 153.95
Rs 150.10
123,000

Bhatia Communications IPO News Alerts

  1. Tuesday, February 20, 2018 12:00:00 AM
    Bhatia Communications IPO Listing Date & Info
  2. Monday, February 12, 2018 12:00:00 AM
    Bhatia Communications IPO Closes on Feb 12, 2018
  3. Thursday, February 8, 2018 12:00:00 AM
    Bhatia Communications IPO Opens on Feb 8, 2018

Company Contact Information

Bhatia Communications & Retail (India) Limited
132, Dr. Ambedkar Shopping Centre,
Ring Road, Surat 395 002.

Phone: 0261-2349892
Fax:
Email: info@bhatiamobile.com
Website: http://bhatiamobile.com/

Bhatia Communications IPO Registrar

Purva Sharegistry India Pvt Ltd   »  Report
   9, Shiv Shakti Industrial Estate,
   JR Borica Marg,
   Lower Parel (East), Mumbai – 400 011

Phone: +91-022-23018261/ 23016761
Fax: +91-022-23012517
Email: busicomp@gmail.com
Website: http://www.purvashare.com

Bhatia Communications IPO Lead Manager(s)

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

Bhatia Communications IPO Review / Comments

avatar
11. AhireR  Mar 27, 2018 09:41 I Like It. | Report Abuse
BSE 451
NSE 490
avatar
10. TOPS  Mar 12, 2018 15:51 I Like It. | Report Abuse
BHTIAJI NE JAMADIYA BLOKBUSTER LISTING
GREAT MGMT , GREAT PROMOTER & GREAT INVESTOR = GREAT COMPANY
avatar
9. RAJAKUMAR  Mar 2, 2018 11:19 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Bandan Bank issue size earlier states at 2500 crore. When filing to sebi, bank states that it issue size is 2500 crore. After filing drhp a firm can enhance or reduce issue size maximum 20%. Now issue size is not more than 3000 crore. Issue is 11 crore share so issue price may be below Rs.300. It may be Rs.270/-. 2018 eps is Rs.12/= hence it comes around 23 pe. ICICI Trading at 17 pe and HDFC trading at 30pe. And Book value is Rs.46. At Rs.270 book value comes around 6 times. Even HDFC trading 5.15 times of the book value. And all other bank like indusind, icici, idfc, rbl, kotak yes bank all are trading below 5 times of the book value. So Bandan Bank will not come Rs.350 or 370 as mentioned by our board members.
avatar
8. Sinewave  Feb 20, 2018 17:45 I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
avatar
7. Sinewave  Feb 20, 2018 17:19 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
1. Trading Members may note that as per the guidelines issued by SEBI dated 16th February, 2000, securities of the company will only be traded in Dematerialised form. Trades effected in this scrip will be in minimum market lot (i.e. 1000 equity shares) and the same shall be modified by the Exchange from time to time by giving prior market notice of atleast one month.



2. Further the trading members may please note that the above mentioned scrip will be a part of Special Pre-open Session (SPOS) on Wednesday, February 21, 2018. For further information on SPOS, the trading members are requested to refer to the Exchange’s notice no. 20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session for IPO’s & Relisted Scrips.



3. Trading Members may note that the shares bearing the distinctive numbers, the details of which are attached as Annexure I, are not transferable till the date(s) mentioned against them and would not be a good delivery in the market till then. The company has informed the Exchange that in respect of shares in demat form, necessary corporate action has been executed to have the lock-in period marked in the depository’s records.



4. A copy of shareholding pattern submitted by the company is enclosed as Annexure II.



5. The company’s financial year ending is March 31.



6. All shares are ranking pari-passu including dividend entitlement.






7. The Market Maker to the issue as mentioned in the prospectus is given below:



NNM Securities Private Limited

B 6/7, Shri Siddhivinayak Plaza, 2nd Floor, Plot No. B-31,

Oshiwara, Opp. CitiMall,

Behind Maruti Showroom,

Andheri Linking Road, Andheri (West),

Mumbai 400053

Tel: 022-40790011.

E-mail: support@nnmsecurities.com

Contact Person: Mr. Nikunj Anilkumar Mittal

SEBI Registration No.: INB231044638/INF231044638/INE231044638
avatar
6. akkujain  Feb 19, 2018 17:42 I Like It. | Report Abuse
i want to sell any one buyer.... tell price
avatar
5. Prabhat gadia  Feb 11, 2018 03:36 I Like It. | Report Abuse
Clearly avoid. 100%chance of getting discount of
50% after listing.
avatar
5.1. ASHISHDAVE  Feb 16, 2018 11:21 I Like It. | Report Abuse
I am a buyer @ par. Want to sell anything ??
avatar
4. ASHISHDAVE  Feb 16, 2018 11:19 I Like It. | Report Abuse
Strong upmove possible. Only company owns the full stock
avatar
3. Jitendra Agarwal  Feb 14, 2018 10:27 I Like It. | Report Abuse
Allotment chances are 100% and on LM front their companies are listing with premium and give better returns on long term investments.
avatar
2. Rkg  Feb 8, 2018 07:14 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts)
Better is to avoid
avatar
1. KiranS  Feb 7, 2018 11:30 I Like It. | Report Abuse
Issue Sizes - 783 lots in NII. 783 lots in RII
  • Special Offers
    by Popular Stock Brokers
  • HDFC Securities
    Open your 3-in-1 account with free Demat and Trading Account. Demat account AMC fee of ₹750 waived off for the first year.
  • Sharekhan
    Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Request a Callback.
  • Angel Broking
    Get free lifetime AMC on Demat & Trading account with Angel when you pay ₹1500 (payable in 2nd year). Get the offer
  • India Infoline (IIFL)
    Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer
  • Ventura
    Zero account opening fees for limited time. Request a Callback
  • Motilal Oswal
    Get Free Trading + Demat Account (₹500 waived on account opening) for limited time. Get the offer
  • Religare
    Get Free Trading + Demat Account for limited time. Get the offer
  • Zerodha
    Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer
  • ProStocks
    Get Free Trading + Demat Account for limited time. Request a Callback
  • 5paisa
    Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order. Get the offer
  • Upstox
    Get account opening fees as brokerage cashback + Free equity delivery trading (truly no brokerage) + Flat ₹20 for Intraday and F&O trades. Get the Exclusive Offer
  • SAMCO
    Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App
  • Fyers
    Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage). Get the offer
  • Beeline
    Open a Lifetime free AMC Demat Account at just ₹176 + 15 days trading free. Use coupon code CHT176 for this special offer.


More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: