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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

Issue OpenFeb 5, 2018 - Feb 16, 2018
Issue TypeFixed Price Issue IPO
Issue Size1,098,000 Eq Shares of ₹10
(aggregating up to ₹12.63 Cr)
Face Value₹10 Per Equity Share
Issue Price₹115 Per Equity Share
Market Lot1200 Shares
Min Order Quantity1200 Shares
Listing AtNSE SME

Banka Bioloo IPO Tentative Date / Timetable

Bid/Offer Opens OnFeb 5, 2018
Bid/Offer Closes OnFeb 16, 2018
Finalisation of Basis of AllotmentFeb 12, 2018
Initiation of RefundsFeb 14, 2018
Credit of Shares to Demat AcctFeb 15, 2018
IPO Shares Listing DateFeb 16, 2018

Banka Bioloo IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum11200₹138,000
Maximum11200₹138,000

IPO Notices

External Link

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 Rating

50
4.0
Rating:Rated 4.0 stars

Vote Here ...

Banka Bioloo IPO Listing Date

Listing DateTuesday, February 27, 2018
BSE Script Code
NSE SymbolBANKA
Listing In
ISININE862Y01015
Issue Price₹115 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

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

Banka Bioloo IPO Reviews / Ratings

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 FAQs

  1. 1. What is Banka Bioloo IPO?

    Banka Bioloo IPO is an SME initial public offering 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. 2. When Banka Bioloo IPO will open?

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

  3. 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. 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. 5. When is Banka Bioloo IPO listing date?

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

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Banka Bioloo IPO Review / Comments

TOPS
37. TOPS  Apr 19, 2018 00:32 I Like It. | Report Abuse
BANKAJI KI CHAL PADI

BADHIYA MUNAFA KARVADIYA
TOPS
36. TOPS  Apr 6, 2018 07:01 I Like It. | Report Abuse
Is there any news on company plan for raising fund by way of FPO

GREAT OPPORTUNITY FOR _________
( company / shareholder)??????
TOPS
35. TOPS  Apr 5, 2018 06:33 I Like It. | Report Abuse
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
TOPS
34. TOPS  Apr 4, 2018 18:36 I Like It. | Report Abuse
Bankaji ne badhiya profit karwadiya
BANKAJI NI HALI PADI CHE

SELL COLGATE BUY BANKA LOO GREAT FUTURE
TOPS
33. TOPS  Mar 23, 2018 16:05 I Like It. | Report Abuse
BANKAJI NI HALI PADI CHE
BADHIYA PROFIT KARVADIYA BANKAJI NE

POOR INVESTOR
TOPS
32. TOPS  Mar 22, 2018 01:09 I Like It. | Report Abuse
BANKAJI CONGRATULATION
FOR SUCESSFUL PUBLIC ISSUE

FROM PROUD SHAREHOLDER OF COMPANY
TOPS
31. TOPS  Mar 8, 2018 09:14 I Like It. | Report Abuse
Bankaji
Share outperform
TOPS
30. TOPS  Mar 1, 2018 21:09 I Like It. | Report Abuse
BANKAJI NI HALI PADI CHE
GREAT COMPANY GREAT PROMOTER GREAT LM
POOR INVESTOR
High Flyer
29. High Flyer  Mar 1, 2018 07:03 I Like It. | Report Abuse
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.
the savvy guy
28. the savvy guy  Feb 28, 2018 18:09 I Like It. 1 | Report Abuse
So, finally, the stock got listed and is trading.
High Flyer
27. High Flyer  Feb 23, 2018 14:11 I Like It. | Report Abuse
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 ?
realME
26. realME  Feb 16, 2018 16:17 I Like It. 1 | Report Abuse
looks like they could get 100% subscription...keen to know the story behind this listing..did LM screwed up?
the savvy guy
26.1. the savvy guy  Feb 16, 2018 21:01 I Like It. | Report Abuse
It''s not story but history. Yes, interesting.
IPOTRIER
25. IPOTRIER  Feb 14, 2018 14:27 I Like It. | Report Abuse
LAST DATE EXTENDED TO 16TH
DownriteVJ
25.1. DownriteVJ  Feb 14, 2018 15:17 I Like It. 2 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
aisa lagta yeh ipo bharvake rahenge.. lol
Tejas pandya
25.2. Tejas pandya  Feb 14, 2018 23:09 I Like It. | Report Abuse
Abhi koi iska bhi GMP puchhega..ha ha..
Prabhat gadia
24. Prabhat gadia  Feb 14, 2018 21:51 I Like It. 1 | Report Abuse
Withdraw application form this ipo
To save your money
Extended 2 nd time and till not fully subscribed



AKMP
23. AKMP  Feb 14, 2018 15:37 I Like It. 2 | Report Abuse
Never apply when ARYAMAN IS BRLM
Track record is PROOF
DownriteVJ
22. DownriteVJ  Feb 14, 2018 13:28 I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Hats off to Retail investors who dare to apply this and take the subsciption in retail category to 0.23X. Lol
TOPS
21. TOPS  Feb 12, 2018 16:07 I Like It. | Report Abuse
WILL THEY EXTEND LAST DATE
Kishor Asher
20. Kishor Asher  Feb 10, 2018 12:15 I Like It. 1 | Report Abuse
Good IPO remains open for 3 days. This ipo is open for
10 days. Because it is over priced.
Kishor Asher
19. Kishor Asher  Feb 10, 2018 06:41 I Like It. 1 | Report Abuse
AVOID. Railway contracts renew every year. They may loose railway contract in future. Price too high. Noting left for investors. Greedy promoters.
Allan
18. Allan  Feb 9, 2018 09:45 I Like It. 1 | Report Abuse
Lead Manager is Aryaman, finally the public has woken up and giving them what they deserve.



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