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Add-Shop Promotions Limited IPO (Add-Shop Promotions IPO) Detail

August 21, 2018 - August 30, 2018

Add-Shop Promotions IPO is a fixed price issue of Rs 6.23 crores.

Add-Shop Promotions IPO bidding started from August 21, 2018 and ended on August 30, 2018. The allotment for Add-Shop Promotions IPO was finalized on Wednesday, September 5, 2018. The shares got listed on BSE SME on September 10, 2018.

Add-Shop Promotions IPO price is ₹26 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹104,000.

Fedex Securities Pvt Ltd is the book running lead manager of the Add-Shop Promotions IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to Add-Shop Promotions IPO RHP for detailed information.

Add-Shop Promotions IPO Details

IPO Date August 21, 2018 to August 30, 2018
Listing Date September 10, 2018
Face Value ₹10 per share
Price ₹26 per share
Lot Size 4000 Shares
Total Issue Size2,396,000 shares
(aggregating up to ₹6.23 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion132,000 shares

Add-Shop Promotions IPO Reservation

Add-Shop Promotions IPO offers 2,396,000 shares. 1,132,000 (47.25%) to NII, 1,132,000 (47.25%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered132,000 (5.51%)
Other Shares Offered1,132,000 (47.25%)
Retail Shares Offered1,132,000 (47.25%)
Total Shares Offered2,396,000 (100%)

Add-Shop Promotions IPO Timeline (Tentative Schedule)

Add-Shop Promotions IPO opens on August 21, 2018, and closes on August 30, 2018.

IPO Open Date Tuesday, August 21, 2018
IPO Close Date Thursday, August 30, 2018
Basis of Allotment Wednesday, September 5, 2018
Initiation of Refunds Thursday, September 6, 2018
Credit of Shares to Demat Friday, September 7, 2018
Listing Date Monday, September 10, 2018
Cut-off time for UPI mandate confirmation 5 PM on August 30, 2018

Add-Shop Promotions IPO Lot Size

Investors can bid for a minimum of 4000 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 4000 ₹104,000
Retail (Max) 1 4000 ₹104,000
Lot Size Calculator

About Add-Shop Promotions Limited

Incorporated in 2013, Gujarat based Add-Shop Promotions Limited is a company engaged in the business of marketing and distribution of ayurvedic, food supplements, agricultural products, animal feed supplement and personal care products under the brand name "Add-Shop Promotions".

The company supplies products manufactured by select manufacturers under its brand to retailers and wholesalers. It procures the finished products from certified manufacturers and markets it through various intermediaries and sales agents.

Add-shop has tied up with Marss Herbal (India), a manufacturer of herbal and natural use products. The company supplies the manufactured products under "ADD-Shop" brand.

To penetrate major markets, Add-shop has entered into an agreement with various collecting and forwarding agents (C&F's) like Panchlingeshwara Enterprises, in Karnataka., Just Need United Trading, Maharashtra, and Good Life Enterprises Telangana.

The Company's total revenue as restated for the three months ended June 2018 and for the Financial year 2018, 2017 and 2016 was Rs.381.41 lakhs, Rs.1254.90 lakhs, Rs. 455.41 lakhs and Rs.192.67 lakhs, respectively.

The profit/loss after tax as restated for the three months ended June 2018 and Financial Year 2018, 2017 and 2016 was Rs. 16.37 lakhs, Rs. 22.96 lakhs, 14.69 lakhs, and Rs. (0.38) lakhs, respectively.

The company has 16 permanent employees on its payroll.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-June-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 806.69 757.72 83.85 41.58 1.00 1.00
Total Revenue 384.41 1,254.90 455.41 192.67 -- --
Profit After Tax 16.37 22.96 14.69 (0.38) -- --

Objects of the Issue (Add-Shop Promotions IPO Objectives)

The objects of the issue are-
1. Setting up of an herbal & ayurvedic processing unit for manufacturing of cosmetic & non-cosmetic products
2. Brand Building and Advertisement
3. Working Capital Requirements
4. General Corporate Purposes

Add-Shop Promotions IPO Review (Avoid)

[Dilip Davda]  

Although company has shown progress in top and bottom lines, sudden jump in FY18 working is a bit surprising. Sustainability of the same going forward raises concern. Post issue equity jumps by nearly 647 times. Issue pricing is very aggressive. There is no harm in giving this issue a miss.

Read detail review...

Add-Shop Promotions IPO Subscription Status (Bidding Detail)

The Add-Shop Promotions IPO is subscribed 1.31 times on August 30, 2018 6:30:00 PM. The public issue subscribed 0.98 times in the retail category, times in the QIB category, and 1.64 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Add-Shop Promotions IPO Prospectus

Add-Shop Promotions IPO Rating

Rating:Rated 2.5 stars
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Add-Shop Promotions IPO Listing Details

Listing Date September 10, 2018
BSE Script Code 541865
NSE Symbol
ISIN INE01B501018
Final Issue Price ₹26 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Add-Shop Promotions Limited Contact Details

Add-Shop Promotions Limited
B-304 Imperial Height
150ft Ring Road
Rajkot, Gujarat, India
Phone: 0281-2580499

Add-Shop Promotions IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Add-Shop Promotions IPO - Buy or Not

Add-Shop Promotions IPO Recommendation Summary

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Brokers 0 0 1
Members 0 0 0

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Add-Shop Promotions IPO FAQs

Add-Shop Promotions IPO is a SME IPO of 2,396,000 equity shares of the face value of ₹10 aggregating up to ₹6.23 Crores. The issue is priced at ₹26 per share. The minimum order quantity is 4000 Shares.

The IPO opens on August 21, 2018, and closes on August 30, 2018.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Add-Shop Promotions IPO opens on August 21, 2018 and closes on August 30, 2018.

Add-Shop Promotions IPO lot size is 4000 Shares, and the minimum amount required is ₹104,000.

You can apply in Add-Shop Promotions 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 Add-Shop Promotions IPO will be done on Wednesday, September 5, 2018, and the allotted shares will be credited to your demat account by Friday, September 7, 2018. Check the Add-Shop Promotions IPO allotment status.

The Add-Shop Promotions IPO listing date is on September 10, 2018.
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Add-Shop Promotions IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



14. Small Investor |   Link |  Bookmark |September 10, 2018 9:24:20 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
pre open show 45 ( 73% up from Issue Price ?)
14.1. Small Investor |   Link |  Bookmark |September 10, 2018 9:26:12 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
now 28 pre open show
13. GrowYourMoney |   Link |  Bookmark |September 5, 2018 12:27:37 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Don't understand, why such IPOs been allowed
12. VIE |   Link |  Bookmark |August 30, 2018 1:46:51 PM (500+ Posts, 500+ Likes)
Its moving very slow still overall o. 8 times subcribed inspite about 10 days time. May be sail though till evening
11. VIE |   Link |  Bookmark |August 29, 2018 10:18:49 AM (500+ Posts, 500+ Likes)
Two days to go. May b sail though.
10. Ballu bhai |   Link |  Bookmark |August 24, 2018 11:50:57 PM
Will get oversubscribed the director being visually impaired has aggressive plan
s to achieve
9. Ballu bhai |   Link |  Bookmark |August 24, 2018 11:45:46 PM
Good track record of merchant banker this should deliver
8. Abhishek Shahi |   Link |  Bookmark |August 24, 2018 7:42:58 PM
Company me dum nahi lag rha
8.1. Ballu bhai |   Link |  Bookmark |August 24, 2018 11:43:55 PM
Dum hai . The merchant banker has averagevtrack record .this company will deliver
7. VIE |   Link |  Bookmark |August 24, 2018 8:56:11 PM (500+ Posts, 500+ Likes)
Sub data at
moving slowly
6. VIE |   Link |  Bookmark |August 24, 2018 12:19:29 PM (500+ Posts, 500+ Likes)
Sub data at 12.15
5. SJ |   Link |  Bookmark |August 19, 2018 2:50:25 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
As per today's gujarati daily the promotor started his career at the age of 8 by selling spicy garlic potato under the roof of umbrella !

In its product portfolio it sells weight loss pills , weight gain powder , fairness cream etc.All these are fake products with side effects and the brand is totally unfamiliar.The nice thing is that you will roll your eyes and fall asleep if you hear the price. For eg :
Bathing Soap Bar : 250
Shampoo : 250
Tooth Paste : 350 !
Khadi Night Dress : 2000 !
( who wears and who knows )

By the way Rajkotians and medical shop keepers knows this company the best.
Add this IPO in the avoid list.
4. KK IPO INVESTER |   Link |  Bookmark |August 17, 2018 5:10:06 PM
3. Astronaut |   Link |  Bookmark |August 15, 2018 3:14:32 PM
मतलब इसमें पैसा नही लगाए ??
3.1. IPOANALYSIS |   Link |  Bookmark |August 15, 2018 8:29:51 PM
Bilkul bhi Nahi. It's not even worth any comments as but even a single positive point .
2. Abhishek Shahi |   Link |  Bookmark |August 15, 2018 2:59:52 PM
sahi kaha ... second sale bhai
2.1. Ballu bhai |   Link |  Bookmark |August 24, 2018 11:47:32 PM
No hoping to deliver
1. IPOANALYSIS |   Link |  Bookmark |August 15, 2018 12:06:58 AM
salebhai ka bhai aagaya

dekho woh aagaya. logo ko lutne. unka hard earn money khane.

whosever retailer apply want to d=onate their money to this company