Binani Cement Limited IPO (Binani Cement IPO) Detail

May 7, 2007 - May 10, 2007

Incorporate in July 1997 Binani Cement Limited (BCL) is subsidiary of Binani Industries Limited (BIL), a 150 year old company with diversified businesses like cement, zinc and glass fibre.

BCL is a leading Indian cement manufacturer focused on the key markets of states in northern India and Gujarat in western India. BCL has significant presence in Rajasthan, Gujarat, Haryana and Delhi markets.

BCL has facilities for manufacture of 2.25 MTPA of cement along with 25 MW coal/lignite based captive power plant at Sirohi, Rajasthan. BCL has two limestone mines, located at Amli and Thandiberi which are located at a distance of 2 Km and 7 Km from the Sirohi facility respectively.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and
To carry out the sale of 20,500,000 Equity Shares by the Selling Shareholder.

Binani Cement IPO Details

IPO Date May 7, 2007 to May 10, 2007
Listing Date Monday, May 28, 2007
Face Value ₹10 per share
Price ₹75 to ₹85 per share
Lot Size 80 Shares
Issue Size20,500,000 shares of ₹10
(aggregating up to ₹153.75 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Binani Cement IPO Lot Size

The Binani Cement IPO lot size is 80 shares. A retail-individual investor can apply for up to 29 lots (2320 shares or ₹197,200).

Application Lots Shares Amount
Retail (Min) 1 80 ₹6,800
Retail (Max) 29 2320 ₹197,200

IPO Notices

External Link

Oct 06, 2010

The board of Binani Cement in its meeting on 06 October 2010 has decided to voluntarily delist its equity shares from Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), subject to approval of shareholders of the company, pursuant to the promoter and holding company, Binani Industries intimating the company that they have decided to acquire/purchase the entire public shareholding of the company.

Monday, May 23, 2011

BSE Notice no: 20110509-15

Sub: Discontinuation of Trading and Delisting of equity shares of Binani Cement Limited (Scrip Code: 532849)

Trading Members of the Exchange are hereby informed that pursuant to the SEBI (Delisting of Equity Shares) Regulations 2009, the company has complied with the formalities for voluntary delisting of equity shares. Accordingly, the trading in the equity shares of Binani Cement Limited(Scrip Code: 532849)will be discontinued w.e.f. Monday, May 23, 2011.

Binani Cement IPO Subscription Status (Bidding Detail)

The Binani Cement IPO is subscribed 1.36 times on May 10, 2007 5:00:00 PM. The public issue subscribed 1.62 times in the retail category, 1.33 times in the QIB category, and 0.78 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Binani Cement IPO Prospectus

Binani Cement IPO Rating

Rating:Rated 3.9 stars
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Binani Cement IPO Listing Date

Listing Date Monday, May 28, 2007
BSE Script Code 532849
Listing In B1 Group of Securities
ISIN INE042H01019
IPO Price ₹75 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Binani Cement Limited
Binani Cement Limited,
706 Om Tower, 32,
Chowringhee Road, Kolkata 700 071 India
Phone: + 91 33 2288 2508

Binani Cement IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Binani Cement IPO Review

Binani Cement IPO Recommendation Summary

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Binani Cement IPO FAQs

Binani Cement IPO is a main-board IPO of 20,500,000 equity shares of the face value of ₹10 aggregating up to ₹153.75 Crores. The issue is priced at ₹75 to ₹85 per share. The minimum order quantity is 80 Shares.

The IPO opens on May 7, 2007, and closes on May 10, 2007.

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

The Binani Cement IPO opens on May 7, 2007 and closes on May 10, 2007.

Binani Cement IPO lot size is 80 Shares and the minimum order quantity is .

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

The Binani Cement IPO listing date is on Monday, May 28, 2007.
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Binani Cement IPO Message Board

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65. JS |   Link |Nov 28, 2007 6:22:57 PM
64. Panku |   Link |Jun 4, 2007 11:09:04 AM
This badnami is promoted by Big B,
so some naam will come later...think so..
keep watching
63. Hemant |   Link |May 30, 2007 2:22:04 PM
any info if we will are going to gain anything on this stock??
62. nitin |   Link |May 29, 2007 9:27:36 PM
It should be known as Badnami Cement insted of Binani Cement
61. Rishi Dhall |   Link |May 29, 2007 3:37:36 PM
Please advise current value after IPO got listed at BSE/ NSE on 28th May
60. anmol |   Link |May 28, 2007 1:24:46 PM
All those who have applied would be tumbling all over when I tell u that the allotment status is still not out on the intime Spectrum site and it is now listed.

U all can check yourself

Such slow workers ,the Asahi Songwon Allotment is out and it closed on 15th May
59. KHAN |   Link |May 28, 2007 1:04:13 PM
kya bol rahe the sab log this iss will go up , tell now very bad. going down, pls tell what is the future.
58. Kamal |   Link |May 25, 2007 10:54:28 PM
The issue was, with great difficulty, oversubscribed by only 1.36 times.
One should be satisifed if it touches Rs.75 on the day of listing, which is 28th May 2007.
57. venkat |   Link |May 25, 2007 5:18:54 PM
Please let me know how many shares allocated for this application: 23475208
56. kamaljeet |   Link |May 25, 2007 4:53:03 PM
its great it goes upto 135 at its opening time
55. hello |   Link |May 25, 2007 12:36:44 PM
Where to check allotment status? Thanks
54. RT |   Link |May 24, 2007 7:35:12 PM
Anybody know when is the listing
53. Amit |   Link |May 24, 2007 7:21:45 PM
I received the shares in my ICICI Demate account just now....
52. Kumar |   Link |May 24, 2007 3:32:54 PM
Can anyone please let me know, the site where I can check the allotment status?
51. sarbananda gattani |   Link |May 24, 2007 3:11:02 PM

allotment is out

i applied for 80 hares and got 80 shares allotted

when will it list

can anyone tell

i also hold binani industries limited which has given fabulous return to me

hope this will also give us good return

sarbananda gattani

50. sarbananda gattani |   Link |May 24, 2007 3:07:49 PM

49. Hemant |   Link |May 23, 2007 9:14:49 AM
Hi.. Any idea when they ae going to allot shares??
48. jayceechokshi |   Link |May 22, 2007 8:34:09 PM
The Company' Name is FGP Ltd. & available @ Rs. 5=50 at BSE
47. jayceechokshi |   Link |May 22, 2007 8:32:16 PM
Leave all these IPOs, just BUY STRONGLY; a DARK HORSE like Company Manufacturing Glasses, having 37% stake by the
FOREIGN PROMOTERS, available at only Rs.5=50. BSE Code No is 500142.
46. Parag |   Link |May 22, 2007 12:58:42 PM
Performance of the cement sector overall may affect the Binini's IPO listing Prize, but can expect 10% to 15% rise.