ICL Multitrading India Limited IPO (ICL Multitrading IPO) Detail

Nov 19, 2018 - Dec 3, 2018

Incorporated in 2012, Noida based ICL Multitrading India Limited is a company engaged in the business of multi-product branding and distribution.

The company sells its products under the Brand name "ICL". The product includes spices, tea, suiting-shirting, incense sticks (Dhoop) and gifting products.

ICL sells two varieties of tea ICL Premium and ICL Gold. It has established a facility in Bareilly, Uttar Pradesh for sourcing, sorting and packaging of the tea.

The company has entered into herbal products segment. It procures herbal wellness and cosmetic products from various manufacturers and is sold through "www.adiherbal.com"

ICL focuses on distribution through its network of 7 warehouses, 17 super stockists and multiple distributors majorly in Uttar Pradesh, Uttarakhand and Jharkhand.

The company has 89 employees on its payroll.

Company Promoters:

The promoters of the company are Mr. Roop Kishore Gola, Mr. Avadhesh Kumar Gola, Mrs. Rajni Gupta and Image Career Limited.

Image Career Limited was incorporated in 2008 and its promoters are-

1 Mr. Anuj Kumar Gupta
2. Mr. Ashok Kumar Gupta
3. Mr Om Prakash
4. Mr. Anand Pal Gola
5. Mr. Dinesh Kumar
6. Ms. Neelam Gupta
7. Mr. Sanjay Kumar

Company Financials:

Summary of financial Information (Standalone Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-May-18 31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 1,370.08 1,377.58 1,210.08 855.43 586.34 437.35
Total Revenue 620.88 3,168.13 2,330.77 2,531.34 435.87 190.45
Profit After Tax 47.26 223.23 100.05 38.13 3.96 0.76
Summary of financial Information (Consolidated Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-May-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 2,311.20 2,372.42 2,037.20 925.67
Total Revenue 922.48 5,731.60 5,058.02 2,648.46
Profit After Tax 59.82 319.62 182.08 40.18

Objects of the Issue:

The objects of the Issue are-
1. To meet out the Working Capital requirements of the Company- Rs1050 lakhs
2. Branding & Advertising Expenses- Rs 275 Lakhs
3. General Corporate Purposes- Rs 260.68 Lakhs
4. Issue Expenses- Rs 200 lakhs

ICL Multitrading IPO Details

IPO Opening DateNov 19, 2018
IPO Closing DateDec 3, 2018
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹85 per equity share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtNSE SME
Issue Size2,100,800 Eq Shares of ₹10
(aggregating up to ₹17.86 Cr)

ICL Multitrading IPO Lot Size

The ICL Multitrading IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹136,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum11600₹136,000
Maximum11600₹136,000

ICL Multitrading IPO Subscription Status (Bidding Detail)

The ICL Multitrading IPO is subscribed 0.11x times on Dec 3, 2018 18:00. The public issue subscribed 0.10x in the retail category, in the QIB category, and 0.11x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

0.11x

RII

0.10x

Total

0.11x

ICL Multitrading IPO Prospectus

ICL Multitrading IPO Rating

22
3.4
Rating:Rated 3.4 stars

Vote Here ...

ICL Multitrading IPO Reviews / Ratings

Company Contact Information

ICL Multitrading India Limited
A-105
Sector 63 Noida,
Gautam Buddha Nagar- 201 307

Phone: +91 0120 4544 143
Email: info@iclmultitrading.com
Website: http://www.iclmultitrading.com/

ICL Multitrading IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

ICL Multitrading IPO FAQs

  1. What is ICL Multitrading IPO?

    ICL Multitrading IPO is a SME IPO of 2,100,800 equity shares of the face value of ₹10 aggregating up to ₹17.86 Crores. The issue is priced at ₹85 per equity share. The minimum order quantity is 1600 Shares.

    The IPO opens on Nov 19, 2018, and closes on Dec 3, 2018.

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

  2. When ICL Multitrading IPO will open?

    The ICL Multitrading IPO opens on Nov 19, 2018 and closes on Dec 3, 2018.

  3. What is the lot size of ICL Multitrading IPO?

    ICL Multitrading IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

  4. How to apply for ICL Multitrading IPO?

    You can apply in ICL Multitrading 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.

  5. When ICL Multitrading IPO allotment?

    The finalization of Basis of Allotment for ICL Multitrading IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the ICL Multitrading IPO allotment status.

  6. When is ICL Multitrading IPO listing date?

    The ICL Multitrading IPO listing date is not yet announced. The tentative date of ICL Multitrading IPO listing is [.].

ICL Multitrading IPO Message Board

Ranked Members  Ranked Members

Loading...
6. Logical Investor |Feb 6, 2019 13:32
I have not applied but I am hoping for a positive listing. Extremely necessary for company like this to maintain market sentiments.
5. Saurabh Bansal |Dec 15, 2018 22:18
What happen to ipo.. When share will issue.. Or the ipo is withdrawn.
4. GrowYourMoney |Nov 29, 2018 14:38
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Extension won't bring Investors but shadyness for sure
3. S Patel |Nov 27, 2018 08:15
Stay away from all SME till May 2019
2. Sunil Goel |Nov 18, 2018 22:50
Company is good even though the choice of LM is a bad one. Nonetheless, this ipo will decide the final fate of the LM
1. Hiteshji |Nov 18, 2018 18:24
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Strictly, avoid all ipo till election. Save your money.







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App