Banka BioLoo Limited IPO (Banka Bioloo IPO) Detail

Feb 5, 2018 - Feb 16, 2018

Incorporated in 2012, Banka BioLoo Limited provides sanitation infrastructure and human waste management solutions and services. They offers innovative and simple bio-digester technology patented by Defense Research and Development Organisation (DRDO), the R&D arm of the Indian Ministry of Defense. They manufactures, supplies, and installs bio-tanks for digestion of human waste.

They also provide sanitation operations and maintenance (O&M) services to Indian Railways. The anaerobic bio-digester technology helps users manage waste onsite, without depending on expensive and energy-consuming sewage infrastructure. Thet are involved in the rental and AMC of mobile biotoilets; handling of low cost housing projects for sanitation requirement at rural area; sale of spares of control discharge toilet system to Indian Railways; and provision of consultancy services for development of large bio tanks, as well as waste water treatment and recycling solutions.

Banka BioLoo have installed over 6,000 bio-toilet units across India and currently undertake 12 O&M service contracts with Indian Railways. Their solutions can be used for many purposes like Household Bio-toilets, Mobile Bio-toilets, School Bio-toilet Blocks, Bio-toilets at worksites and Bio-digester Tanks for various user groups.

Company Promoters:

Namita Banka is the promoter of the company.

Objects of the Issue:

The object of the issue are:

1. Finance capital expenditures at existing Inoculum unit at Aler;
2. Finance capital expenditures at proposed new unit at Ibrahimpatnam;
3. Finance Working Capital Requirements;
4. General Corporate Purposes and;
5. Issue Related Expenses

Banka Bioloo IPO Details

IPO Opening Date	Feb 5, 2018
IPO Closing Date	Feb 16, 2018
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹115 per equity share
Market Lot	1200 Shares
Min Order Quantity	1200 Shares
Listing At	NSE SME
Issue Size	1,098,000 Eq Shares of ₹10 (aggregating up to ₹12.63 Cr)

Banka Bioloo IPO Tentative Timetable

The Banka Bioloo IPO open date is Feb 5, 2018, and the close date is Feb 16, 2018. The issue may list on Feb 16, 2018.

IPO Open Date	Feb 5, 2018
IPO Close Date	Feb 16, 2018
Basis of Allotment Date	Feb 12, 2018
Initiation of Refunds	Feb 14, 2018
Credit of Shares to Demat Account	Feb 15, 2018
IPO Listing Date	Feb 16, 2018

Banka Bioloo IPO Lot Size

The Banka Bioloo IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹138,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	1200	₹138,000
Maximum	1	1200	₹138,000

IPO Notices

Issue Close Date Extended

14th Feb 2018
IPO opened on 5th Feb with first closing of 7th Feb. Due to poor response, it was extended till 14th Feb. Now again it is extended for 2nd time till 16.02.18

Banka Bioloo IPO Subscription Status (Bidding Detail)

The Banka Bioloo IPO is subscribed 1.09x times on Feb 16, 2018 17:00. The public issue subscribed 0.44x in the retail category, in the QIB category, and 1.62x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	1.62x
RII	0.44x
Total	1.09x

Banka Bioloo IPO Prospectus

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Banka Bioloo IPO Rating

4.0

Rating:

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Banka Bioloo IPO Listing Date

Listing Date	Tuesday, February 27, 2018
BSE Script Code
NSE Symbol	BANKA
Listing In
ISIN	INE862Y01015
IPO Price	₹115 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

	NSE SME
IPO Price:	₹115.00
Open:	₹114.00
Low:	₹114.00
High:	₹120.00
Last Trade:	₹115.00
Volume:	112,800

Banka Bioloo IPO Reviews / Ratings

Dilip Davda - Avoid

Company Contact Information

Banka BioLoo Limited
Plot no 11-4-651, A�109,
Express Apartment,
Lakdi ka Pool, Hyderabad � 500 004

Phone: +91 40 2980 1495
Email: investor.relations@bankabio.com
Website: http://www.bankabio.com

Banka Bioloo IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Banka Bioloo IPO Lead Manager(s)

Aryaman Financial Services limited

Lead Manager Reports

Banka Bioloo IPO FAQs

What is Banka Bioloo IPO?

Banka Bioloo IPO is a SME IPO of 1,098,000 equity shares of the face value of ₹10 aggregating up to ₹12.63 Crores. The issue is priced at ₹115 per equity share. The minimum order quantity is 1200 Shares.

The IPO opens on Feb 5, 2018, and closes on Feb 16, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
When Banka Bioloo IPO will open?

The Banka Bioloo IPO opens on Feb 5, 2018 and closes on Feb 16, 2018.
What is the lot size of Banka Bioloo IPO?

Banka Bioloo IPO lot size is 1200 Shares and the minimum order quantity is 1200 Shares.
How to apply for Banka Bioloo IPO?

You can apply in Banka Bioloo 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.
When Banka Bioloo IPO allotment?

The finalization of Basis of Allotment for Banka Bioloo IPO will be done on Feb 12, 2018, and the allotted shares will be credited to your demat account by Feb 15, 2018. Check the Banka Bioloo IPO allotment status.
When is Banka Bioloo IPO listing date?

The Banka Bioloo IPO listing date is on Tuesday, February 27, 2018.

Banka Bioloo IPO Message Board

Ranked Members

37. TOPS |Apr 19, 2018 01:32

BANKAJI KI CHAL PADI

BADHIYA MUNAFA KARVADIYA

36. TOPS |Apr 6, 2018 08:01

Is there any news on company plan for raising fund by way of FPO

GREAT OPPORTUNITY FOR _________
( company / shareholder)??????

35. TOPS |Apr 5, 2018 07:33

With testing success of maiden public issue management should cocentrate on bringing one more issue in the form of FPO

BANKAJI. U HAVE MADE MORE PROFIT IN IPO THAN BUSINESSOPERATING PROFIT

LM HAS DONE GREAT WORK

34. TOPS |Apr 4, 2018 19:36

Bankaji ne badhiya profit karwadiya
BANKAJI NI HALI PADI CHE

SELL COLGATE BUY BANKA LOO GREAT FUTURE

33. TOPS |Mar 23, 2018 17:05

BANKAJI NI HALI PADI CHE
BADHIYA PROFIT KARVADIYA BANKAJI NE

POOR INVESTOR

32. TOPS |Mar 22, 2018 02:09

BANKAJI CONGRATULATION
FOR SUCESSFUL PUBLIC ISSUE

FROM PROUD SHAREHOLDER OF COMPANY

31. TOPS |Mar 8, 2018 10:14

Bankaji
Share outperform

30. TOPS |Mar 1, 2018 22:09

BANKAJI NI HALI PADI CHE
GREAT COMPANY GREAT PROMOTER GREAT LM
POOR INVESTOR

29. High Flyer |Mar 1, 2018 08:03

The first sme failure issue for Lead Manager Aaryaman Financial and recent ones handled by very very pathetic to all retailers and initial investors on Banka BioLoo, Medico Remedies, Shreeji Logistics, CKP Leisure...................Never Never get initial gains, this is thing I have learned and lost money also to the tune of Rs 2 lacs. They are not having experienced Merchant banking officials or they will only speak to Greedy Pricing.

28. the savvy guy |Feb 28, 2018 19:09

So, finally, the stock got listed and is trading.

27. High Flyer |Feb 23, 2018 15:11

1st SME company in the last 5 years ipo got extended two times...LM ....Aryaman does not know how to fix the price and reward the same to investors....Be careful with market makers...check the fundamentals of MRSS sme ipo issue price was Rs 13 in 2015 cmp Rs 250 after bonus.....and their 2nd issue priced at Rs 18.....Focus Suits ?

26. realME |Feb 16, 2018 17:17

looks like they could get 100% subscription...keen to know the story behind this listing..did LM screwed up?

26.1. the savvy guy |Feb 16, 2018 22:01

It''s not story but history. Yes, interesting.

25. IPOTRIER |Feb 14, 2018 15:27

LAST DATE EXTENDED TO 16TH

25.1. DownriteVJ |Feb 14, 2018 16:17

IPO Guru (1200+ Posts, 1100+ Likes)

aisa lagta yeh ipo bharvake rahenge.. lol

25.2. Tejas pandya |Feb 15, 2018 00:09

Abhi koi iska bhi GMP puchhega..ha ha..

24. Prabhat gadia |Feb 14, 2018 22:51

Withdraw application form this ipo
To save your money
Extended 2 nd time and till not fully subscribed

23. AKMP |Feb 14, 2018 16:37

Never apply when ARYAMAN IS BRLM
Track record is PROOF

22. DownriteVJ |Feb 14, 2018 14:28

IPO Guru (1200+ Posts, 1100+ Likes)

Hats off to Retail investors who dare to apply this and take the subsciption in retail category to 0.23X. Lol

21. TOPS |Feb 12, 2018 17:07

WILL THEY EXTEND LAST DATE

20. Kishor Asher |Feb 10, 2018 13:15

Good IPO remains open for 3 days. This ipo is open for
10 days. Because it is over priced.

19. Kishor Asher |Feb 10, 2018 07:41

AVOID. Railway contracts renew every year. They may loose railway contract in future. Price too high. Noting left for investors. Greedy promoters.

18. Allan |Feb 9, 2018 10:45

Lead Manager is Aryaman, finally the public has woken up and giving them what they deserve.

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