FREE Account Opening + No Clearing Fees
Loading...

Bindal Exports Ltd IPO (Bindal Exports IPO) Detail

September 30, 2016 - October 6, 2016

Bindal Exports IPO is a fixed price issue of Rs 2.00 crores.

Bindal Exports IPO bidding started from September 30, 2016 and ended on October 6, 2016. The shares got listed on BSE SME on October 17, 2016.

Bindal Exports IPO price is ₹16 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹128,000.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Bindal Exports IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Bindal Exports IPO Details

IPO Date September 30, 2016 to October 6, 2016
Listing Date October 17, 2016
Face Value ₹10 per share
Price ₹16 per share
Lot Size 8000 Shares
Total Issue Size1,248,000 shares
(aggregating up to ₹2.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Bindal Exports IPO Lot Size

Investors can bid for a minimum of 8000 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 8000 ₹128,000
Retail (Max) 1 8000 ₹128,000
Lot Size Calculator

About Bindal Exports Ltd

Incorporated in 1997, Bindal Exports Ltd is a Surat, Gujarat based company involved in supplying fabrics, trading of grey cloth and finished fabrics and job work of fabrics. The products company produce includes dyed and printed fabrics of polyester, cotton and viscose base; Indian ethnic wear like saree and salwar-kurta-dupatta, embellished stoles and Scarves and flags.

Company has sticking and cutting facility with requisite machineries and facilities at Surat. The products produces cater both domestic and international markets.

Competitive Strengths:
1. Experienced Management Team
2. Quality Assurance
3. Co-relation with its group company
4. Established Marketing Setup
5. Locational Advantage
6. Scalable Business Model

Objects of the Issue (Bindal Exports IPO Objectives)

The objects of the issue are:
1. Working Capital Requirement;
2. General Corporate Purpose.

Bindal Exports IPO Review (Avoid)

[Dilip Davda]  Considering high pricing of the issue, Investors may ignore it.   Read detail review...

Bindal Exports IPO Prospectus

Bindal Exports IPO Rating

5
3.0
Rating:Rated 3.0 stars
Vote Here ...

Bindal Exports IPO Listing Details

Listing Date October 17, 2016
BSE Script Code 540148
NSE Symbol
ISIN INE564V01013
Final Issue Price ₹16 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹16.00
₹17.00
₹16.20
₹17.00
₹16.20

Check IPO Performance…

Bindal Exports Ltd Contact Details

Bindal Exports Ltd
Bindal House, Kumbharia,
Surat Kadodara Road,
Surat 394210, Gujarat, India
Phone: +91-261-2640700
Email:
Website: http://www.bindalexports.com/

Bindal Exports IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Bindal Exports IPO - Buy or Not

Bindal Exports IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Bindal Exports IPO FAQs

Bindal Exports IPO is a SME IPO of 1,248,000 equity shares of the face value of ₹10 aggregating up to ₹2.00 Crores. The issue is priced at ₹16 per share. The minimum order quantity is 8000 Shares.

The IPO opens on September 30, 2016, and closes on October 6, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Bindal Exports IPO opens on September 30, 2016 and closes on October 6, 2016.

Bindal Exports IPO lot size is 8000 Shares, and the minimum amount required is ₹128,000.

You can apply in Bindal Exports 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 Bindal Exports IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bindal Exports IPO allotment status.

The Bindal Exports IPO listing date is on October 17, 2016.
Open an Instant Account with Zerodha

Bindal Exports IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

Loading...

1 Comments

1. Ashhiish |   Link |  Bookmark |September 29, 2016 11:18:11 AM
Thoda divas wait kro, Must go up by 10 days !!