Billwin Industries Ltd IPO (Billwin Industries IPO) Detail

Jun 18, 2020 - Jun 22, 2020

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

Objects of the Issue

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

Billwin Industries IPO Details

Billwin Industries IPO Date Jun 18, 2020 to Jun 22, 2020
Billwin Industries IPO Face Value ₹10 per share
Billwin Industries IPO Price ₹37 per share
Billwin Industries IPO Lot Size 3000 Shares
Issue Size666,000 shares of ₹10
(aggregating up to ₹2.46 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
P/E (x)264
Market Cap (₹ Cr.)7.88
Company Promoters

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

Billwin Industries IPO Lot Size

The Billwin Industries IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹111,000).

Application Lots Shares Amount
Retail (Min) 1 3000 ₹111,000
Retail (Max) 1 3000 ₹111,000

Billwin Industries IPO Promoter Holding

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

Billwin Industries IPO Review

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 Jun 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)

Billwin Industries IPO Prospectus

Billwin Industries IPO Rating

Rating:Rated 2.0 stars
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Billwin Industries IPO Listing Date

Listing Date Tuesday, June 30, 2020
BSE Script Code 543209
NSE Symbol
Listing In MT Group of Securities
IPO Price ₹37 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Billwin Industries Ltd
79, Vishal Industrial Estate Village Road,
Bhandup West, Mumbai - 400 078,
Maharashtra, India
Phone: +91 22 2566 8112

Billwin Industries IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Billwin Industries IPO Review

Billwin Industries IPO Recommendation Summary

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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 Jun 18, 2020, and closes on Jun 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 Jun 18, 2020 and closes on Jun 22, 2020.

Billwin Industries IPO lot size is 3000 Shares and the minimum order quantity is .

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, Edelweiss, 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 Tuesday, June 30, 2020.
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Billwin Industries IPO Message Board

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