Bindal Exports Ltd IPO (Bindal Exports IPO) Detail

Sep 30, 2016 - Oct 6, 2016

Incorporated in 1997, Bindal Exports Ltd is a Surat, Gujarat based company involved in supplying fabrics, trading of grey cloth and finished fabrics and job work of fabrics. The products company produce includes dyed and printed fabrics of polyester, cotton and viscose base; Indian ethnic wear like saree and salwar-kurta-dupatta, embellished stoles and Scarves and flags.

Company has sticking and cutting facility with requisite machineries and facilities at Surat. The products produces cater both domestic and international markets.

Competitive Strengths:
1. Experienced Management Team
2. Quality Assurance
3. Co-relation with its group company
4. Established Marketing Setup
5. Locational Advantage
6. Scalable Business Model

Objects of the Issue:

The objects of the issue are:
1. Working Capital Requirement;
2. General Corporate Purpose.

Bindal Exports IPO Details

IPO Opening Date Sep 30, 2016
IPO Closing Date Oct 6, 2016
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹16 per equity share
Market Lot 8000 Shares
Min Order Quantity 8000 Shares
Listing At BSE SME
Issue Size1,248,000 Eq Shares of ₹10
(aggregating up to ₹2.00 Cr)

Bindal Exports IPO Lot Size

The Bindal Exports IPO market lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹128,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 8000 ₹128,000
Maximum 1 8000 ₹128,000

Bindal Exports IPO Prospectus

Bindal Exports IPO Rating

Rating:Rated 3.0 stars
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Bindal Exports IPO Listing Date

Listing Date Monday, October 17, 2016
BSE Script Code 540148
NSE Symbol
Listing In M Group of Securities
ISIN INE564V01013
IPO Price ₹16 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Bindal Exports Ltd
Bindal House, Kumbharia,
Surat Kadodara Road,
Surat 394210, Gujarat, India
Phone: +91-261-2640700

Bindal Exports IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Bindal Exports IPO Reviews / Ratings

Bindal Exports IPO FAQs

Bindal Exports IPO is a SME IPO of 1,248,000 equity shares of the face value of ₹10 aggregating up to ₹2.00 Crores. The issue is priced at ₹16 per equity share. The minimum order quantity is 8000 Shares.

The IPO opens on Sep 30, 2016, and closes on Oct 6, 2016.

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

The Bindal Exports IPO opens on Sep 30, 2016 and closes on Oct 6, 2016.

Bindal Exports IPO lot size is 8000 Shares and the minimum order quantity is 8000 Shares.

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

The Bindal Exports IPO listing date is on Monday, October 17, 2016.

Bindal Exports IPO Message Board

Ranked Members  Ranked Members

1. Ashhiish |Sep 29, 2016 11:18
Thoda divas wait kro, Must go up by 10 days !!