|
|
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
The objects of the issue are:
1. Working Capital Requirement;
2. General Corporate Purpose.
| 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 Size | 1,248,000 Eq Shares of ₹10 (aggregating up to ₹2.00 Cr) |
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 |
| 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 |
|
|
Bindal Exports Ltd
Bindal House, Kumbharia,
Surat Kadodara Road,
Surat 394210, Gujarat, India
Phone: +91-261-2640700
Email:
Website: http://www.bindalexports.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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.
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
