Khemani Distributors & Marketing Ltd IPO (Khemani Distributors IPO) Detail

Mar 16, 2016 - Mar 18, 2016

Khemani Distributors & Marketing Ltd (KDM) is engaged in the business of trading in FMCG products of Hindustan Unilever Limited ('HUL') as a 'Redistribution Stockist' in Surat, Gujarat. Its product portfolio includes (a) personal care products; (b) home care products; and (c) food and drinks products. KDM primarily caters to the retailers and wholesalers of Surat wherein it supply the above range of HUL FMCG products. Currently, it is catering to approximately 3,500 retailers and wholesalers located in Surat. KDM also keeps investing and dealing in securities, in such manner, as it deems fit for the attainment of its main objects.

Initially, in the year 2011 the Company was involved in the business of distributorship of mobile handsets with one of the mobile manufacturers for the territories of Surat district, Tapi district, Navsari district, Silvassa, Daman, Umargaon, Pardi, Dharampur and Valsad town. However, it discontinued the said business in the year 2012.

Objects of the Issue

The Objects of the Issue are:
1. Repayment of unsecured loans;
2. To meet the working capital requirements;
3. General corporate purposes; and
4. To meet the Issue expenses.

Khemani Distributors IPO Details

IPO Date Mar 16, 2016 to Mar 18, 2016
Listing Date Wednesday, March 30, 2016
Face Value ₹10 per share
Price ₹100 per share
Lot Size 1200 Shares
Issue Size1,584,000 shares of ₹10
(aggregating up to ₹15.84 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The following individuals are the Promoters of the Company:
1. Vijaykumar Khemani
2. Amitkumar Vijaykumarji Khemani

Khemani Distributors IPO Lot Size

The Khemani Distributors IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 1200 ₹120,000
Retail (Max) 1 1200 ₹120,000

Khemani Distributors IPO Review

Performance of the company does not match the asking price. Exorbitant pricing makes this issue a high risk, no reward bet. Investors may give it a miss.

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Khemani Distributors IPO Prospectus

Khemani Distributors IPO Rating

Rating:Rated 3.5 stars
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Khemani Distributors IPO Listing Date

Listing Date Wednesday, March 30, 2016
BSE Script Code 539788
NSE Symbol
Listing In M Group of Securities
ISIN INE030U01017
IPO Price ₹100 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Khemani Distributors & Marketing Ltd
Survey No. 187, Plot No. 1 to 4,
Opposite Saiffee Complex, Near Baroda Rayon Corp,
Udhana, Bhestan, Surat 394 210, Gujarat, India
Phone: +91-261-2905031

Khemani Distributors IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Khemani Distributors IPO Review

Khemani Distributors IPO Recommendation Summary

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Khemani Distributors IPO FAQs

Khemani Distributors IPO is a SME IPO of 1,584,000 equity shares of the face value of ₹10 aggregating up to ₹15.84 Crores. The issue is priced at ₹100 per share. The minimum order quantity is 1200 Shares.

The IPO opens on Mar 16, 2016, and closes on Mar 18, 2016.

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

The Khemani Distributors IPO opens on Mar 16, 2016 and closes on Mar 18, 2016.

Khemani Distributors IPO lot size is 1200 Shares and the minimum order quantity is .

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

The Khemani Distributors IPO listing date is on Wednesday, March 30, 2016.
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Khemani Distributors IPO Message Board

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1. Shivajee |   Link |Apr 7, 2016 9:46:46 PM
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
Okay people, the matter is now finished for this IPO.

We will talk about next IPO. what is coming next and when? any news?