Bedmutha Industries Ltd IPO (Bedmutha IPO) Detail

Sep 28, 2010 - Oct 1, 2010

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 Promoters:

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

Company Financials:

ParticularsFor the year/period ended (Rs. in Lacs)
31-Oct-0931-Mar-0931-Mar-0831-Mar-0731-Mar-06
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:

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 Details

IPO Opening DateSep 28, 2010
IPO Closing DateOct 1, 2010
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹95 to ₹102 per equity share
Market Lot65 Shares
Min Order Quantity65 Shares
Listing AtBSE, NSE
Issue Size9,000,000 Eq Shares of ₹10
(aggregating up to ₹91.80 Cr)

Bedmutha IPO Lot Size

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).

ApplicationLotsSharesAmount (Cut-off)
Minimum165₹6,630
Maximum301950₹198,900

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 Subscription Status (Bidding Detail)

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)

CategoryIPO Subscription
QIB

0.67x

NII

29.19x

RII

8.51x

Total

7.69x

Bedmutha IPO Prospectus

Bedmutha IPO Rating

171
3.5
Rating:Rated 3.5 stars

Vote Here ...

Bedmutha IPO Listing Date

Listing DateThursday, October 14, 2010
BSE Script Code533270
NSE SymbolBEDMUTHA
Listing InB
ISININE844K01012
IPO Price₹102 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹102.00
₹114.40
₹98.00
₹205.00
₹180.80
69,762,933
NSE
₹102.00
₹113.50
₹98.00
₹204.00
₹179.15
99,370,820

Bedmutha IPO Reviews / Ratings

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Company Contact Information

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

Bedmutha IPO Registrar

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 FAQs

  1. What is Bedmutha IPO?

    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.

  2. When Bedmutha IPO will open?

    The Bedmutha IPO opens on Sep 28, 2010 and closes on Oct 1, 2010.

  3. What is the lot size of Bedmutha IPO?

    Bedmutha IPO lot size is 65 Shares and the minimum order quantity is 65 Shares.

  4. How to apply for Bedmutha IPO?

    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.

  5. When Bedmutha IPO allotment?

    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.

  6. When is Bedmutha IPO listing date?

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

Bedmutha IPO Message Board

Ranked Members  Ranked Members

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543. Anonymous |Oct 25, 2010 15:17
my dear friend bedmutha industries limited is not a good company better sell it swich to acc limited.
542. Anonymous |Oct 25, 2010 15:10
Have 1000 shares of bedmutha bought at Rs 285. Can i hold it. Now iam not even able to sell it. Any suggestions pls
541. Srini |Oct 21, 2010 11:49
Top Contributor Top Contributor (400+ Posts)
Game is over, started LC, LC will continue for few more days, anyone still holding these shares?.
540. Anonymous |Oct 21, 2010 11:32
542 , to phir sari zindagi wait karo
539. Anonymous |Oct 20, 2010 23:11
Humaray pass 480 shares hi, lakin hum 1000 say kam par sell nahi karaygay.
538. Anonymous |Oct 20, 2010 05:08
to day fir up up circut lagega 305 hoga
537. Lost in Market |Oct 19, 2010 14:54
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 :(
536. Anonymous |Oct 19, 2010 14:22
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...
535. Anonymous |Oct 18, 2010 19:01
A BSE Listed Stock Broking Company is Looking for Franchisee in Banglore, Indore, Surat , Baroda, Mumbai. Any one Interested Can contact
0731-3049128
534. Anonymous |Oct 17, 2010 15:32
AGGRESSIVE SUPPORT TILL NOW. GET OUT QUICK BEFORE ASURED SUPPORT PERIOD EXPIRES.
533. Anonymous |Oct 16, 2010 16:57
hi
532. friend |Oct 15, 2010 21:40
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.
531. Lost in Market |Oct 15, 2010 20:56
@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.
530. Ravi, Bangalore |Oct 15, 2010 18:55
Top Contributor Top Contributor (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?
529. Anonymous |Oct 15, 2010 17:29
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.
528. Lost in Market |Oct 15, 2010 17:26
@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%.
527. Ravi, Bangalore |Oct 15, 2010 16:38
Top Contributor Top Contributor (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.
526. Lost in Market |Oct 15, 2010 16:34
@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 :(
525. Lost in Market |Oct 15, 2010 16:30
@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. :(
524. Ravi, Bangalore |Oct 15, 2010 16:27
Top Contributor Top Contributor (300+ Posts)
522. Lost in Market

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