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 Date	Feb 5, 2018 - Feb 16, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	1,098,000 Eq Shares of ₹10 (aggregating up to ₹12.63 Cr)
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

Banka Bioloo IPO Tentative Date / Timetable

Bid/Offer Opens On	Feb 5, 2018
Bid/Offer Closes On	Feb 16, 2018
Finalisation of Basis of Allotment	Feb 12, 2018
Initiation of Refunds	Feb 14, 2018
Credit of Shares to Demat Acct	Feb 15, 2018
IPO Shares Listing Date	Feb 16, 2018

Banka Bioloo IPO Lot Size and Price (Retail)

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)

Banka Bioloo IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	519,600	519,600	1,039,200
Feb 16, 2018 17:00	1.62x	0.44x	1.09x

Banka Bioloo IPO Prospectus

› Banka Bioloo IPO RHP

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

1. 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 price of the IPO is ₹115 Per Equity Share. The minimum order quantity is 1200 Shares per application and the offer type is Fixed Price Issue.

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.
2. When Banka Bioloo IPO will open?

The Banka Bioloo IPO opens on Feb 5, 2018 and closes on Feb 16, 2018.
3. How to apply for Banka Bioloo IPO?

Banka Bioloo IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
4. 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.
5. When is Banka Bioloo IPO listing date?

The Banka Bioloo IPO listing date is on Tuesday, February 27, 2018, at NSE SME.
6. 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.

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Useful Articles

Banka Bioloo IPO Review / Comments

37. TOPS Apr 19, 2018 00:32

BANKAJI KI CHAL PADI

BADHIYA MUNAFA KARVADIYA

36. TOPS Apr 6, 2018 07:01

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

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

35. TOPS Apr 5, 2018 06:33

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 18:36

Bankaji ne badhiya profit karwadiya
BANKAJI NI HALI PADI CHE

SELL COLGATE BUY BANKA LOO GREAT FUTURE

33. TOPS Mar 23, 2018 16:05

BANKAJI NI HALI PADI CHE
BADHIYA PROFIT KARVADIYA BANKAJI NE

POOR INVESTOR

32. TOPS Mar 22, 2018 01:09

BANKAJI CONGRATULATION
FOR SUCESSFUL PUBLIC ISSUE

FROM PROUD SHAREHOLDER OF COMPANY

31. TOPS Mar 8, 2018 09:14

Bankaji
Share outperform

30. TOPS Mar 1, 2018 21:09

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

29. High Flyer Mar 1, 2018 07:03

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 18:09

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

27. High Flyer Feb 23, 2018 14:11

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 16:17

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 21:01

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

25. IPOTRIER Feb 14, 2018 14:27

LAST DATE EXTENDED TO 16TH

25.1. DownriteVJ Feb 14, 2018 15:17

IPO Guru (1200+ Posts, 1100+ Likes)

aisa lagta yeh ipo bharvake rahenge.. lol

25.2. Tejas pandya Feb 14, 2018 23:09

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

24. Prabhat gadia Feb 14, 2018 21:51

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

23. AKMP Feb 14, 2018 15:37

Never apply when ARYAMAN IS BRLM
Track record is PROOF

22. DownriteVJ Feb 14, 2018 13:28

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 16:07

WILL THEY EXTEND LAST DATE

20. Kishor Asher Feb 10, 2018 12:15

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 06:41

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 09:45

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

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