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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

Issue OpenNov 19, 2018 - Dec 3, 2018
Issue TypeFixed Price Issue IPO
Issue Size2,100,800 Eq Shares of Rs 10
(aggregating up to Rs 17.86 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 85 Per Equity Share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtNSE SME

ICL Multitrading IPO Subscription Status (Bidding Detail)

ICL Multitrading IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

996,800

996,800

1,993,600

Dec 3, 2018 18:00

0.11x

0.10x

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

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ICL Multitrading IPO Review / Comments

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 Or the ipo is withdrawn.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



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