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Bang Overseas Limited IPO (Bang Overseas IPO) Detail

Jan 28, 2008 - Jan 31, 2008

Incorporated in 1992, Bang Overseas Limited presently providing fashion fabrics and meeting ready to wear requirements of our customers in apparel, textile and retail segment.

They are conceptualising and designing fashion fabrics and outsourcing the manufacturing process of the same from countries like Turkey, Portugal, Mauritius and other European Countries. They have centralised warehousing and logistic centre at Kalher Village near Bhiwandi to facilitate their supply chain management.

Bang Overseas Ltd have ten retail outlets located at Mumbai, Rajkot, Surat, Gurgaon, Pune, Bangalore (3 stores), Kolkata, and Ahmedabad which are established under the brand name “Thomas Scott” retail outlet. Their products are presently retailed through 155 point of sales comprises of their own retail outlets, Large format stores (LFS) like Shoppers’ Stop, Pyramid, Globus, SAGA and Multi Brand Outlets (MBO) spread all over India.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. Setting up retail outlets across India and brand building;
2. Setting up a new apparel manufacturing unit;
3. Warehousing and Logistic facilities;
4. General Corporate Purposes;
5. Issue Expenses.

Bang Overseas IPO Details

IPO Opening Date Jan 28, 2008
IPO Closing Date Jan 31, 2008
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹200 to ₹207 per equity share
Market Lot 30 Shares
Min Order Quantity 30 Shares
Listing At BSE, NSE
Issue Size3,500,000 Eq Shares of ₹10
(aggregating up to ₹72.45 Cr)

Bang Overseas IPO Lot Size

The Bang Overseas IPO market lot size is 30 shares. A retail-individual investor can apply for up to 32 lots (960 shares or ₹198,720).

Application Lots Shares Amount (Cut-off)
Minimum 1 30 ₹6,210
Maximum 32 960 ₹198,720

Bang Overseas IPO Subscription Status (Bidding Detail)

The Bang Overseas IPO is subscribed 1.24 times on 1/31/2008 5:00:00 PM. The public issue subscribed 1.17 times in the retail category, 1.14 times in the QIB category, and 1.81 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Bang Overseas IPO Prospectus

Bang Overseas IPO Rating

105
2.2
Rating:Rated 2.2 stars
Vote Here ...

Bang Overseas IPO Listing Date

Listing Date Wednesday, February 20, 2008
BSE Script Code 532946
NSE Symbol BANG
Listing In B1 Group of Securities
ISIN INE863I01016
IPO Price ₹207 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹207.00
₹207.00
₹166.50
₹260.00
₹171.80
NSE
₹207.00
₹250.00
₹168.55
₹269.90
₹174.10

Company Contact Information

Bang Overseas Limited
Masjid Manor, IInd Floor,
16 Homi Modi Street, Fort,
Mumbai- 400 023
Phone: +91-22-2204 3496
Email: ipo@banggroup.com
Website: http://www.banggroup.com

Bang Overseas IPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: bang.ipo@karvy.com
Website: https://karisma.kfintech.com/

Bang Overseas IPO Reviews / Ratings

  • Business Line - Avoid
  • KR Choksey Securities Ltd - Apply
  • S P Tulsian - Avoid

Bang Overseas IPO FAQs

Bang Overseas IPO is a main-board IPO of 3,500,000 equity shares of the face value of ₹10 aggregating up to ₹72.45 Crores. The issue is priced at ₹200 to ₹207 per equity share. The minimum order quantity is 30 Shares.

The IPO opens on Jan 28, 2008, and closes on Jan 31, 2008.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Bang Overseas IPO opens on Jan 28, 2008 and closes on Jan 31, 2008.

Bang Overseas IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.

You can apply in Bang Overseas 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

The Bang Overseas IPO listing date is on Wednesday, February 20, 2008.

Bang Overseas IPO Message Board

Ranked Members  Ranked Members

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45 Comments

45. dinku |Jun 19, 2008 7:21:09 AM
Guys where are you...this scrip has touched 300 in this down market..whats the story.
Still running Rs90+ compared to issuee price.

44. Manoj |Mar 20, 2008 8:38:07 PM
People learn from past FIST LOOK EPS is it above 12 to have this share above 100. if it is below then it will come some more down. if any one know EPS let me know
thanks mate
43. Profit |Mar 7, 2008 9:51:35 PM
MR MITTAL LOOK AT THE PRICE OF BANG NOW YOU CAN BUY ANY QUANTITY
42. Frkmmn |Mar 7, 2008 12:40:04 PM
GAURAV MITTAL,ITS 101 (BANG OVERSEA) HIMMAT RAKHNA,,KANKARIYE KE PASS TAU NAHI RAHETE HO
41. Frkmmn |Mar 7, 2008 12:32:57 PM
GAURAV MITTAL,, BANG MAY 70000 DUBA DIYE KHUDKE,, PHAL APNI FIKAR KAROO,,PJIR LOGO KO SALAHDENAA,,TUMNE HI KAHA 175 KE BHAV MAY 1000 SHARE LIYE HAI,TUME
I HAVE ALREADY SAYS WHEN MITTAL SAYS BUY IT WAS 153 AT THAT TIME,I TOLD THAT IT WILL HIT 110 NOW SEE WHO IS CORRECT,THAT UNQUALIFIED C.A. OR ME
40. amitabha |Mar 6, 2008 3:18:27 PM
why this share is reduce day by day from 260-130

amitabha
39. Frkmmn |Mar 4, 2008 2:28:47 PM
BANG 122 ,,,,,,53000 KA LOSS
38. Frkmmn |Mar 4, 2008 11:34:30 AM
I HAVE ALREADY TOLD BANG WILL TOCH 125 VRY SOON ,,SEE MITTAL ITS NEAR TO MY TARGEY,BADHAII HO AAPKO
37. Frkmmn |Mar 4, 2008 10:48:56 AM
175 may 1000 kharidne ke baad mittal ne 153 par kharidn ki slah de raha tha,,aab kaho mittal ji 133 ,,50000 kia khud ka nuksaan aur new commer ko miss guide kartey ho aur kahete ho im working for human beings vry bad
36. Profit |Mar 3, 2008 7:10:18 PM
Mr MITTAL BUY SOME MORE BANG AND ENJOY THE RIDE
35. Frkmmn |Mar 3, 2008 2:56:57 PM
BANG =139
34. Frkmmn |Mar 3, 2008 2:35:12 PM
BANG=141.50,,
33. Frkmmn |Mar 3, 2008 2:13:21 PM
BANG ,144 JISNE 1000 SHARE 175 KE BHAV MAY LIYE USKKI TAU WATT LAG GAYI,BHAGWAAN USKA BHALA KAR,AUR DOOSROO KO BARBAD KARNE KA SOCH RAHA THA,
32. aryan |Feb 29, 2008 10:36:44 PM
i hv also purchased 550 shares of bang after hearing this news
today at 152
31. aryan |Feb 29, 2008 10:35:16 PM
hey friends GAURAV MITTAL is right
Its a news that BANG OVERSEAS will be opening 13 more outlets in march end and it will boom upto 370 levels by march end
30. GAURAV MITTAL |Feb 29, 2008 3:29:16 PM
Dear friends,
See this

BSE NSE
BSE NSE
* Quotes delayed by 15 minutes

Last Price (Rs.) 153.00
52-Week High (Rs.) 260.00
52-Week Low (Rs.) 148.00
Market Cap (In Cr.) 205.23
* Quotes delayed by 5 minutes
Last Price (Rs.) 152.60
52-Week High (Rs.) 269.90
52-Week Low (Rs.) 148.55
Market Cap (In Cr.) 205.23
29. GAURAV MITTAL |Feb 29, 2008 2:00:47 PM
Dear Friends,

Whomsoever hold this stock Stay invested this stock is going to boom around Rs. 400- 600 after budzet declaration.
I M Again stating my previous statment that unqualified and naughty people will always disturb ur mind.

This is just because of weak market sentiments that this share have come down to 150. but again think that at any cost it is not going to break 150.

After budzet when the financials will be declared by this company for year 2008 than u will feel very shy and this share will not be cached even in Rs.400/-

Rgds

Gaurav
28. GAURAV MITTAL |Feb 28, 2008 3:47:45 PM
Dear Friends,

Whomsoever hold this stock Stay invested this stock is going to boom around Rs. 400- 600 after budzet declaration.
I M Again stating my previous statment that unqualified and naughty people will always disturb ur mind.

This is just because of weak market sentiments that this share have come down to 150. but again think that at any cost it is not going to break 150.

After budzet when the financials will be declared by this company for year 2008 than u will feel very shy and this share will not be cached even in Rs.400/-
Excellent profits and PAT(Profit after TAX) FOR CURRENT YEAR as i have studied from its Financials.

Dont go through Bluddy rumors by unqualified people

I HAVE ALLOTED 0 SHARES OF BANG OVERSEAS AND I HAVE PURCHASED 1000 MORE AT THE PRICE OF RS.175 BECAUSE I KNOW VERY WELL THAT AFTER BUDZET THIS SHARE IS GOING TO BOOM NEARLY 500/- AFTER BUDZET.

I HAVE STUDIED PAST 6 YEARS FINANCIALS OF THIS COMPANY. AS I M A QUALIFIED CHARTERED ACCOUNTANT I SEE THAT PAT OF THIS COMPANY IS SIMULTANIOULY INCREASING WITH HUGE TURNOVER.

SO DONT SELL AND PURCHASE MORE IF U CAN...

THIS IS REALLY A GOOD OPPURTUNITY

RGDS

GAURAV
C.A,C.S.,ICWA(INTER)
27. Frkmmn |Feb 26, 2008 2:18:44 PM
yeh comment ,mr.gaurav mittal jo apne app ko c.a kahete hai abhi bang 150 par trade kar raha hai unhone 175 may purchase kiya,,vry vry nice analysis mr.gaurav,,,muje tau inke client par tara aa ta hai jinke yeh c a hai,, good luckDear Friends,

Whomsoever hold this stock Stay invested this stock is going to boom around Rs. 400- 600 after budzet declaration.

Excellent profits and PAT(Profit after TAX) FOR CURRENT YEAR as i have studied from its Financials.

Dont go through Bluddy rumors by unqualified people

I HAVE ALLOTED 0 SHARES OF BANG OVERSEAS AND I HAVE PURCHASED 1000 MORE AT THE PRICE OF RS.175 BECAUSE I KNOW VERY WELL THAT AFTER BUDZET THIS SHARE IS GOING TO BOOM NEARLY 500/- AFTER BUDZET.

I HAVE STUDIED PAST 6 YEARS FINANCIALS OF THIS COMPANY. AS I M A QUALIFIED CHARTERED ACCOUNTANT I SEE THAT PAT OF THIS COMPANY IS SIMULTANIOULY INCREASING WITH HUGE TURNOVER.

SO DONT SELL AND PURCHASE MORE IF U CAN...

THIS IS REALLY A GOOD OPPURTUNITY

RGDS
26. GAURAV MITTAL |Feb 26, 2008 1:39:15 PM
Dear Friends,

Whomsoever hold this stock Stay invested this stock is going to boom around Rs. 400- 600 after budzet declaration.

Excellent profits and PAT(Profit after TAX) FOR CURRENT YEAR as i have studied from its Financials.

Dont go through Bluddy rumors by unqualified people

I HAVE ALLOTED 0 SHARES OF BANG OVERSEAS AND I HAVE PURCHASED 1000 MORE AT THE PRICE OF RS.175 BECAUSE I KNOW VERY WELL THAT AFTER BUDZET THIS SHARE IS GOING TO BOOM NEARLY 500/- AFTER BUDZET.

I HAVE STUDIED PAST 6 YEARS FINANCIALS OF THIS COMPANY. AS I M A QUALIFIED CHARTERED ACCOUNTANT I SEE THAT PAT OF THIS COMPANY IS SIMULTANIOULY INCREASING WITH HUGE TURNOVER.

SO DONT SELL AND PURCHASE MORE IF U CAN...

THIS IS REALLY A GOOD OPPURTUNITY

RGDS

GAURAV