Bedmutha Industries Ltd is one of the leading steel wire manufacturers in western India located in Nashik. Bedmutha operate four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits.
Company has wide range of wire and wire products - Galvanized wires, Cable Armour Wires, ACSR Wires, Wire Nails, Earth Wires, Stay Wires, Spring Steel Wires, Barbed Wires, etc. Products are used in various areas such as roads, bridges, flyovers, power, automobile, engineering, agriculture, railways and defence. Their products are approved by Bureau of Indian Standards, Power Grid Corporation and State Electricity Boards.
Bedmutha have promoted Kamalasha Infrastructure & Engineering Private Limited (KIEPL) which is their subsidiary, for implementation of turnkey contracts for infrastructure namely in power, roads, railways etc.
The Promoters of the company are:
1. Mr. Kachardas Ratanchand Bedmutha
2. Mr. Ajay Kachardas Vedmutha
3. Mr. Vijay Kachardas Vedmutha
4. Mrs. Usha Vijay Vedmutha
5. Bedmutha Sons Realty Ventures Private Limited
| Particulars | For the year/period ended (Rs. in Lacs) | ||||
| 31-Oct-09 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | |
| Total Income | 9,746.52 | 15,166.11 | 11,563.53 | 7,115.99 | 5,292.48 |
| Profit After Tax (PAT) | 856.03 | 702.93 | 392.45 | (25.13) | 23.61 |
The object of the Issue is to finance:
1. Setting up of new plant at Sinnar, Nashik for manufacturing of new product Low Relaxation Pre-Stress Concrete (LRPC) Wire and Spring Steel Wire;
2. General Corporate Purposes;
3. Issue Expenses.
| IPO Opening Date | Sep 28, 2010 |
| IPO Closing Date | Oct 1, 2010 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 to ₹102 per equity share |
| Market Lot | 65 Shares |
| Min Order Quantity | 65 Shares |
| Listing At | BSE, NSE |
| Issue Size | 9,000,000 Eq Shares of ₹10 (aggregating up to ₹91.80 Cr) |
The Bedmutha IPO market lot size is 65 shares. A retail-individual investor can apply for up to 30 lots (1950 shares or ₹198,900).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 65 | ₹6,630 |
| Maximum | 30 | 1950 | ₹198,900 |
ICRA has assigned an IPO Grade 2 to Bedmutha Industries Limited IPO. This means as per ICRA company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the ICRA IPO Grading Document for Bedmutha Industries Limited.
Bedmutha Industries IPO, Bedmutha IPO, Bedmutha IPO Bidding, Bedmutha IPO Allotment Status, Bedmutha drhp and Bedmutha Industries Limited IPO listing.
The Bedmutha IPO is subscribed 7.69x times on Oct 1, 2010 18:30. The public issue subscribed 8.51x in the retail category, 0.67x in the QIB category, and 29.19x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| QIB | 0.67x |
| NII | 29.19x |
| RII | 8.51x |
| Total | 7.69x |
| Listing Date | Thursday, October 14, 2010 |
| BSE Script Code | 533270 |
| NSE Symbol | BEDMUTHA |
| Listing In | B Group of Securities |
| ISIN | INE844K01012 |
| IPO Price | ₹102 per equity share |
| Face Value | ₹10 per equity share |
|
|
|
Sorry, we couldn't find any reviews, please check back later.
Bedmutha Industries Ltd
Bedmutha Industries Ltd,
A-32, STICE,
Sinnar, Nashik-422 103, Maharashtra, India
Phone: 91-2551240481/240631
Email: ipo@bedmutha.com
Website: http://www.bedmutha.com
Mondkar Computers Private Limited
21 Shakil Niwas, Opp. Satya Saibaba Temple
Mahakali Caves Road,
Andheri (E), Mumbai - 400093
Phone: 022 - 2836 6620 / 2825 7641
Email: bedmutha_ipo@mondkarcomputers.com
Website: https://www.unisec.in/
Bedmutha IPO is a main-board IPO of 9,000,000 equity shares of the face value of ₹10 aggregating up to ₹91.80 Crores. The issue is priced at ₹95 to ₹102 per equity share. The minimum order quantity is 65 Shares.
The IPO opens on Sep 28, 2010, and closes on Oct 1, 2010.
Mondkar Computers Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Bedmutha IPO opens on Sep 28, 2010 and closes on Oct 1, 2010.
Bedmutha IPO lot size is 65 Shares and the minimum order quantity is 65 Shares.
You can apply in Bedmutha 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 Bedmutha IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bedmutha IPO allotment status.
Useful Articles
Compare Share Broker in India
Download Mobile App
Our Websites
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Acct Best Broker for Beginners More Reports...Discount Broker Review
Zerodha (₹20/trade) Upstox (₹20/trade) Angel Broking (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Full-service Review
Angel Broking (₹20/trade) IIFL Securities (₹20/trade) Aliceblue (₹20/trade) ICICI Direct (₹20/trade) Edelweiss (₹10/trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading Homepage
Options Overview
Benefits & Risks of Options
Options Pricing
Options Trading FAQs
Options Trading Glossary
Broker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI Homepage
Best NRI Trading Account
Best NRI 3-in-1 Account
Top 10 Discount Brokers
Top 10 Full-Service Brokers
NRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
Top Contributor (400+ Posts)