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Bedmutha Industries Ltd IPO (Bedmutha IPO) Detail

September 28, 2010 - October 1, 2010

Bedmutha IPO is a book built issue of Rs 91.80 crores.

Bedmutha IPO bidding started from September 28, 2010 and ended on October 1, 2010. The shares got listed on BSE, NSE on October 14, 2010.

Bedmutha IPO price band is set at ₹95 to ₹102 per share. The minimum lot size for an application is 65 Shares. The minimum amount of investment required by retail investors is ₹6,630.

Ashika Capital Ltd and Keynote Financial Services Ltd are the book running lead managers of the Bedmutha IPO, while Mondkar Computers Private Limited is the registrar for the issue.

Refer to Bedmutha IPO RHP for detailed information.

Bedmutha IPO Details

IPO Date September 28, 2010 to October 1, 2010
Listing Date October 14, 2010
Face Value ₹10 per share
Price Band ₹95 to ₹102 per share
Lot Size 65 Shares
Total Issue Size9,000,000 shares
(aggregating up to ₹91.80 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Bedmutha IPO Reservation

Bedmutha IPO offers 9,000,000 shares. 4,500,000 (50.00%) to QIB, 1,350,000 (15.00%) to NII, 3,150,000 (35.00%) to RII. 48,461 RIIs will receive minimum 65 shares and (sNII) and (bNII) will receive minimum 2,015 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered4,500,000 (50.00%)NA
NII (HNI) Shares Offered1,350,000 (15.00%)
Retail Shares Offered3,150,000 (35.00%)48,461
Total Shares Offered9,000,000 (100%)

Bedmutha IPO Lot Size

Investors can bid for a minimum of 65 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 65 ₹6,630
Retail (Max) 30 1950 ₹198,900
Lot Size Calculator

About Bedmutha Industries Ltd

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.

Company Financials

ParticularsFor the year/period ended (Rs. in Lacs)
Total Income9,746.5215,166.1111,563.537,115.995,292.48
Profit After Tax (PAT)856.03702.93392.45(25.13)23.61

Objects of the Issue (Bedmutha IPO Objectives)

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.

Bedmutha IPO Subscription Status (Bidding Detail)

The Bedmutha IPO is subscribed 7.69 times on October 1, 2010 6:30:00 PM. The public issue subscribed 8.51 times in the retail category, 0.67 times in the QIB category, and 29.19 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Bedmutha Industries Limited IPO Grading / Rating

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 Limited IPO Tags:

Bedmutha Industries IPO, Bedmutha IPO, Bedmutha IPO Bidding, Bedmutha IPO Allotment Status, Bedmutha drhp and Bedmutha Industries Limited IPO listing.

Bedmutha IPO Prospectus

Bedmutha IPO Rating

Rating:Rated 3.5 stars
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Bedmutha IPO Listing Details

Listing Date October 14, 2010
BSE Script Code 533270
ISIN INE844K01012
Final Issue Price ₹102 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Bedmutha Industries Ltd Contact Details

Bedmutha Industries Ltd
Bedmutha Industries Ltd,
A-32, STICE,
Sinnar, Nashik-422 103, Maharashtra, India
Phone: 91-2551240481/240631

Bedmutha IPO Registrar

Mondkar Computers Private Limited

Phone: 022 - 2836 6620 / 2825 7641

Bedmutha IPO - Buy or Not

Bedmutha IPO Recommendation Summary

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Bedmutha IPO FAQs

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 share. The minimum order quantity is 65 Shares.

The IPO opens on September 28, 2010, and closes on October 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 September 28, 2010 and closes on October 1, 2010.

Bedmutha IPO lot size is 65 Shares, and the minimum amount required is ₹6,630.

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, Nuvama, 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.

The Bedmutha IPO listing date is on October 14, 2010.
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Bedmutha IPO Message Board

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542. Anonymous |   Link |October 25, 2010 3:17:32 PM
my dear friend bedmutha industries limited is not a good company better sell it swich to acc limited.
541. Anonymous |   Link |October 25, 2010 3:10:27 PM
Have 1000 shares of bedmutha bought at Rs 285. Can i hold it. Now iam not even able to sell it. Any suggestions pls
540. Srini |   Link |October 21, 2010 11:49:11 AM (400+ Posts)
Game is over, started LC, LC will continue for few more days, anyone still holding these shares?.
539. Anonymous |   Link |October 21, 2010 11:32:17 AM
542 , to phir sari zindagi wait karo
538. Anonymous |   Link |October 20, 2010 11:11:35 PM
Humaray pass 480 shares hi, lakin hum 1000 say kam par sell nahi karaygay.
537. Anonymous |   Link |October 20, 2010 5:08:52 AM
to day fir up up circut lagega 305 hoga
536. Lost in Market |   Link |October 19, 2010 2:54:11 PM
Buy for the target 500+ in short term. Immediate target is 350+. UC will continue for at least 3-4 days more. I still regret why I sold at 135 :(
535. Anonymous |   Link |October 19, 2010 2:22:58 PM
Hello Everybody, its been traded by bankers, 1lac+ shares bidded at very high price, as long as they be with it u make profit, when they leave u r screwed...
534. Anonymous |   Link |October 18, 2010 7:01:26 PM
A BSE Listed Stock Broking Company is Looking for Franchisee in Banglore, Indore, Surat , Baroda, Mumbai. Any one Interested Can contact
533. Anonymous |   Link |October 17, 2010 3:32:54 PM
532. Anonymous |   Link |October 16, 2010 4:57:11 PM
531. friend |   Link |October 15, 2010 9:40:35 PM
don't buy this stock, it'll lead to huge losses, after one-two days of UC, it'll start hitting Lower circuit, and then one will not be able to exit, just like aster silicate.
530. Lost in Market |   Link |October 15, 2010 8:56:55 PM
@531. Ravi, Bangalore. Days of Market crash are now gone. No downside left in the market and we will see it above 25k in just 6 months and 30k+ by end of next year. By Mid 2013, I am sure it will be above 50000 range so if someone waits for crash and then plan to enter in the market, he will be waiting only for years to come.

Bedmutha is going to see another UC on Monday also. I am dead sure about this.
529. Ravi, Bangalore |   Link |October 15, 2010 6:55:01 PM (300+ Posts)
529. Lost in Market

If you know any stock that can give 100% return in one day, kindly tell me.

An investor is someone who invests once in two years or whenever opportunity arises like when Sensex loses 30% - 35%. Someone who invests daily is called punter. What advise can I give for punters?
528. Anonymous |   Link |October 15, 2010 5:29:58 PM
This is a completely speculative stock and may hit LC many times in the next week before stabilising around 70-80 bucks. Valuation-wise it is one of the most expensive stocks in its sector. Look at the QIB portion of investment.
527. Lost in Market |   Link |October 15, 2010 5:26:20 PM
@528. Ravi, Bangalore. Oh.. So you will also be regretting like me. I really missed a chance of my life.. Let;s see if I can buy on Monday bcoz what I am seeing that it is going to cross 250 in 1-2 days before any other move (down or further up). 250 target is sure for 100000%.
526. Ravi, Bangalore |   Link |October 15, 2010 4:38:07 PM (300+ Posts)
528. Lost in Market

I have sold at 145. What can I suggest you? Who said I am Expert? Some people have assumed that I am Expoert. Market is smarter than Experts.
525. Lost in Market |   Link |October 15, 2010 4:34:11 PM
@526. Ravi, Bangalore. Again liocked at UC. I am regretting badly why I sold yesterday at 135. I would have covered good loss in 2 days :( Imagine I sold 120 shares with just 10 Rs. profit while today I could have made almost 80 Rs. profit more overall near double profit :(

Is there any other IPO is going to be listed in a day or two so we can buy and cover loss in a day :(
524. Lost in Market |   Link |October 15, 2010 4:30:53 PM
@526. Ravi, Bangalore. Bedmutha is out of circuit. Shud I buy quickly. Pls tell ASAP. Or hold Bharat Gear which is also 10% down as I have entered in that. :(
523. Ravi, Bangalore |   Link |October 15, 2010 4:27:09 PM (300+ Posts)
522. Lost in Market

Get Rich QUICK usually means Get Poor QUICKER