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Billwin Industries Ltd IPO (Billwin Industries IPO) Detail

June 18, 2020 - June 22, 2020

Billwin Industries IPO is a fixed price issue of Rs 2.46 crores.

Billwin Industries IPO bidding started from June 18, 2020 and ended on June 22, 2020. The shares got listed on BSE SME on June 30, 2020.

Billwin Industries IPO price is ₹37 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹111,000.

Gretex Corporate Services Limited is the book running lead manager of the Billwin Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Billwin Industries IPO RHP for detailed information.

Billwin Industries IPO Details

IPO Date June 18, 2020 to June 22, 2020
Listing Date June 30, 2020
Face Value ₹10 per share
Price ₹37 per share
Lot Size 3000 Shares
Total Issue Size666,000 shares
(aggregating up to ₹2.46 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Market Maker portion36,000 shares

Billwin Industries IPO Reservation

Billwin Industries IPO offers 666,000 shares. 315,000 (47.30%) to NII, 315,000 (47.30%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered36,000 (5.41%)
Other Shares Offered315,000 (47.30%)
Retail Shares Offered315,000 (47.30%)
Total Shares Offered666,000 (100%)

Billwin Industries IPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹111,000
Retail (Max) 1 3000 ₹111,000
Lot Size Calculator

Billwin Industries IPO Promoter Holding

Mrs. Smita Subrata Dey and Mr. Subrata Dey are the promoters of the company.

Share Holding Pre Issue 100%
Share Holding Post Issue 68.74%

About Billwin Industries Ltd

Mumbai based Billwin Industries Ltd is engaged in the manufacturing of protective gear which are life jackets, inflatable boats, and rainwear. The raw material for manufacturing protective gear (called Coated Fabric) is purchased by the company from domestic and international markets.

The product range of the company includes rainwear coat, rucksack, life jackets, winter jacket, inflatable boats dinghys, river raft boat, sleeping bags, facial mask, and pulsar jacket.

The manufacturing unit of the company is located at Bhandup West Mumbai Maharashtra with approximately 5190 sq. ft area. This facility is equipped with semi-automatic and automated equipment. The company sells products through tenders and distributors & retailers. The distribution channel of the company covers Maharashtra, Kerala, Gujrat, Chattisgarh, Tamilnadu, Assam, Haryana, and Trivandrum Tripura.

The company also sells products through e-commerce platforms such as Amazon, Flipkart, Shopcules Xerve, and Buy Hatke.

Competitive Strengths

1. Quality services
2. Semi-automated units
3. Diversified product portfolio
4. Existing distribution network

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakh)
05-March-20 31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 733.16 33.78 217.10 12.33
Total Revenue 38.42 60.72 184.61 46.37
Profit After Tax 3.47 10.78 11.47 0.29

Key Performance Indicator

The market capitalization of Billwin Industries IPO is Rs 7.88 Cr.

Pre IPO Post IPO
P/E (x) 264

Objects of the Issue (Billwin Industries IPO Objectives)

The object of Company is to meet working capital requirement from net proceeds.

Billwin Industries IPO Review (Avoid)

[Dilip Davda]  BIL has shown miniscule top line so far compared to its post issue equity base. Issue is exorbitantly priced. Investors may stay away from this fully structured highly priced IPO. Read detail review...


Billwin Industries IPO Subscription Status (Bidding Detail)

The Billwin Industries IPO is subscribed 1.37 times on June 22, 2020 6:05:00 PM. The public issue subscribed 0.58 times in the retail category, times in the QIB category, and 2.15 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other2.15
Retail0.58
Total1.37

Billwin Industries IPO Prospectus

Billwin Industries IPO Rating

51
2.0
Rating:Rated 2.0 stars
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Billwin Industries IPO Listing Details

Listing Date June 30, 2020
BSE Script Code 543209
NSE Symbol
ISIN INE0CRS01012
Final Issue Price ₹37 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹37.00
₹36.90
₹36.90
₹38.20
₹37.10

Check IPO Performance…

Billwin Industries Ltd Contact Details

Billwin Industries Ltd
79, Vishal Industrial Estate Village Road,
Bhandup West, Mumbai - 400 078,
Maharashtra, India
Phone: +91 22 2566 8112
Email: info@billwinindustries.com
Website: http://www.billwinindustries.com/

Billwin Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Billwin Industries IPO - Buy or Not

Billwin Industries IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Billwin Industries IPO FAQs

Billwin Industries IPO is a SME IPO of 666,000 equity shares of the face value of ₹10 aggregating up to ₹2.46 Crores. The issue is priced at ₹37 per share. The minimum order quantity is 3000 Shares.

The IPO opens on June 18, 2020, and closes on June 22, 2020.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Billwin Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Billwin Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Billwin Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Billwin Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Billwin Industries IPO opens on June 18, 2020 and closes on June 22, 2020.

Billwin Industries IPO lot size is 3000 Shares, and the minimum amount required is ₹111,000.

You can apply in Billwin Industries 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 Billwin Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Billwin Industries IPO allotment status.

The Billwin Industries IPO listing date is on June 30, 2020.
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Billwin Industries IPO Message Board

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2 Comments

1. Malhar |   Link |  Bookmark |July 1, 2020 6:18:07 AM
hi sir
share also listing in MT group
please updated
thanks