Manorama Industries Limited IPO (Manorama Industries IPO) Detail

Sep 21, 2018 - Sep 25, 2018

Incorporated in 2005, Mumbai based Manorama Industries Limited is a company engaged in the business of manufacturing, processing and supply of exotic and specialty fats & oils like Sal butter, Sal fat, Sal oil, Sal Stearine, Sal olein, Mango butter, Mango fat, Mango oil, Mango Stearine, Kokum butter, Kokum oil, Mowrah fat, and other tailor-made products. It majorly caters to the chocolate and cosmetic industry. With an annual production of 3,000-4,000 tonnes, the company is one of the leading manufacturers of Sal Oils and Stearine globally. It is also one of the top 10 manufacturers of Stearine. Manorama Industries has partnered with one of the leading chocolate manufacturers for supply of CBE for a 2 year period starting 2018. Currently, it has an order book to supply CBE worth Rs. 7680.00 lakhs. The company has been recognized as a Star Export House by Government of India. Internationally, it supplies its products to Japan, Italy, Malaysia, Germany, Sweden, Denmark, Indonesia, Singapore, Netherlands, and the UK. Some of the major customers of the company include global chocolate/ CBE manufacturers like Ferrero (Italy), Ferrero (India), Mitsui (Japan), Unigra (Italy), Walter Rau (Germany), Adeka Corporation (Japan), Olvea Vegetable Oils (France), etc. The company has also entered into an agreement with The Body Shop International Ltd. (U.K.) for the supply of Mango Butter. From 2013-14 to 2017-18- -Total revenue has grown from Rs. 10,532.50 lakhs to Rs. 22,189.33 lakhs, at a CAGR of 20.46%. -EBITDA has grown from Rs. 462.26 lakhs to Rs. 1,851.48 lakhs, at a CAGR of 41.43%. -PAT has grown from Rs. 89.62 lakhs to a profit of Rs. 1,035.56 lakhs at a CAGR of 84.29%. The Company is in the process of setting up an integrated manufacturing facility at Raipur, Chattisgarh to carry out its entire manufacturing operations under one roof. The facility will have a capacity of around 11,250 tonnes p.a. of specialty fats and CBE. The company has 66 permanent employees on its payroll. Competitive Strengths- 1. A robust network of raw material suppliers across Chhattisgarh, Odisha, Jharkhand and Madhya Pradesh etc., with over 18,000 collection centers 2. Large global businesses as customers with a history of repeat orders

Investor Presentation

Company Promoters:

The Promoter of the Company is Vinita Saraf. She holds 27,73,680 aggregating to 35.91 % Pre Issue paid up equity capital.

Company Financials:

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	4,676.47	2,260.94	2,022.82	1,659.75	2,120.32
Total Revenue	22,189.33	14,638.20	13,169.45	13,343.50	10,532.50
Profit After Tax	1,035.56	137.52	108.21	94.16	89.62

Objects of the Issue:

The objects of the issue are-

1. Establishing an integrated Greenfield project for manufacturing of CBE / specialty fats and tailor-made products
2. General corporate purposes.

Manorama Industries IPO Details

IPO Opening Date	Sep 21, 2018
IPO Closing Date	Sep 25, 2018
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹181 to ₹188 per equity share
Market Lot	600 Shares
Min Order Quantity	600 Shares
Listing At	BSE SME
Issue Size	3,404,400 Eq Shares of ₹10 (aggregating up to ₹64.00 Cr)

Manorama Industries IPO Lot Size

The Manorama Industries IPO market lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹112,800).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	600	₹112,800
Maximum	1	600	₹112,800

Manorama Industries IPO Subscription Status (Bidding Detail)

The Manorama Industries IPO is subscribed 1.08x times on Sep 25, 2018 18:50. The public issue subscribed 0.37x in the retail category, 1.56x in the QIB category, and 1.59x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	1.56x
NII	1.59x
RII	0.37x
Total	1.08x

Manorama Industries IPO Prospectus

› Manorama Industries IPO RHP

Manorama Industries IPO Rating

3.1

Rating:

Vote Here ...

Manorama Industries IPO Listing Date

Listing Date	Thursday, October 4, 2018
BSE Script Code	541974
NSE Symbol
Listing In
ISIN	INE00VM01010
IPO Price	₹188 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹188.00
₹190.20
₹180.00
₹187.25
₹183.65
92,400

Manorama Industries IPO Reviews / Ratings

Company Contact Information

Manorama Industries Limited
Office No 403, 4th Floor,
Midas, Sahar Plaza, Andheri Kurla Road,
Andheri East, Mumbai- 400059

Phone: 022-67088148
Email: investors@manoramagroup.co.in
Website: http://www.manoramagroup.co.in

Manorama Industries IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: manorama.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Manorama Industries IPO Lead Manager(s)

Pantomath Capital Advisors Pvt Ltd

Lead Manager Reports

Manorama Industries IPO FAQs

What is Manorama Industries IPO?

Manorama Industries IPO is a SME IPO of 3,404,400 equity shares of the face value of ₹10 aggregating up to ₹64.00 Crores. The issue is priced at ₹181 to ₹188 per equity share. The minimum order quantity is 600 Shares.

The IPO opens on Sep 21, 2018, and closes on Sep 25, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
When Manorama Industries IPO will open?

The Manorama Industries IPO opens on Sep 21, 2018 and closes on Sep 25, 2018.
What is the lot size of Manorama Industries IPO?

Manorama Industries IPO lot size is 600 Shares and the minimum order quantity is 600 Shares.
How to apply for Manorama Industries IPO?

You can apply in Manorama Industries 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.
When Manorama Industries IPO allotment?

The finalization of Basis of Allotment for Manorama Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Manorama Industries IPO allotment status.
When is Manorama Industries IPO listing date?

The Manorama Industries IPO listing date is on Thursday, October 4, 2018.

Manorama Industries IPO Message Board

Ranked Members

27. RAJAKUMAR |Oct 4, 2018 09:47

IPO Guru (1400+ Posts, 1000+ Likes)

Patamoth lists with Rs.2 gain. LM again does better than other Lead managers.

27.1. v for vendetta |Oct 4, 2018 14:55

Top Contributor (300+ Posts, 300+ Likes)

Sir, if LM really plays a role, why do their some of the stocks fail.
Akshar Spintex etc.
Do you do that deliberately to avoid any suspicion by authorities.
And recently listed one SME from holani, I forgot its name.

26. sahil broker |Oct 4, 2018 09:53

hold ya sell pls give review

25. sahil broker |Oct 4, 2018 09:53

@rajkumar ji apply kiya tha ky aapn

24. SME BADSHAH |Oct 2, 2018 18:02

Listing on 04.10.2018.Let's see the performance of stock.Whether Investors get any return?

23. C K Jain |Sep 25, 2018 14:08

As per Market sentiment IPO is good. Let's see by the end of the day how much subscription is done...

23.1. C K Jain |Sep 25, 2018 16:03

IPO Over subscribed. Its means that Investor trusted on this Company.

22. sahil broker |Sep 25, 2018 14:50

@cg trade ap to comapny promoter ho

21. CGTRADE |Sep 25, 2018 14:47

http://winningbizness.com/best-out-of-waste-ashish-sarafs-mantra-that-promises-to-transform-lives-and-give-returns-ever-wondered-how-seemingly-worthless-seeds-of-sal-and-mango-can-reap-dividends-for-tribals-as-well-as-for/

20. sahil broker |Sep 25, 2018 14:42

@rajkumar ji bata do yar tym 3 tak hi h hmare pas

19. sahil broker |Sep 25, 2018 13:46

rajkumar ji pls give ur review

18. Singh Waheguru |Sep 25, 2018 12:59

RAJKUMAR, MEDGE, DOWNRITE view about this IPO as subscription not so good till now..
waiting for your views

17. IPOMantra |Sep 24, 2018 21:56

My dear friend whistleblower can you forward your removed message on my email maneeshraut72@yahoo.com

16. Singh Waheguru |Sep 24, 2018 17:00

Is it worthy to subscribe a lot...

15. AnkurGoel |Sep 24, 2018 13:34

I am not sure what was the message posted by WhistleBlower? But if it is true that company threaten chittorgarh then it is definitely avoid.

15.1. Splendid |Sep 24, 2018 14:44

Top Contributor (200+ Posts)

@Ankurgoel

Its all about Pantomath...Forget all bed news and rumours

14. IPOMantra |Sep 23, 2018 19:43

Why whistleblower message removed, please explain Admin chittorgarh.

14.1. Administrator |Sep 24, 2018 09:52

Top Contributor (300+ Posts, 400+ Likes)

Dear Sir,

We have to remove the message as company has sent us a legal notice and said they have filed a FIR regarding this.

Team Chittorgarh.com

Thank you,

Chittorgarh.com Admins

13. GrowYourMoney |Sep 23, 2018 21:38

Top Contributor (300+ Posts, 300+ Likes)

This IPO created huge trust deficit...
Very unfortunate incident....

12. GrowYourMoney |Sep 23, 2018 21:18

Top Contributor (300+ Posts, 300+ Likes)

Something is there which clearly signaling to avoid the IPO...
Best way to dealt with..

11. Grow up |Sep 23, 2018 17:41

This message has been removed by a moderator.

10. Girishbhai |Sep 20, 2018 18:02

I just started in this. What does it mean by long term?
2 to 3 years or more?

9. ???????????? IPO CALLING ???????????? |Sep 20, 2018 16:32

Top Contributor (300+ Posts, 200+ Likes)

Big big avoid

8. VIE |Sep 16, 2018 01:47

IPO Mentor (500+ Posts, 500+ Likes)

PARTICULAR=====POST=====PRE
EPS=============9.31=====13.72
NAV=============79.73=====32.75
RONW===========11.67=====41.89
DE===============0.25=====0.89
EBIDTA MARGIN====8.34======8.34
PAT MARGIN=======4.67======4.67
PE==============20.19======13.7
P/BV=============2.36=======5.74
MC/SALES========0.94=======0.64
EV/EBITA=========13.52======9.89

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Manorama Industries Limited IPO (Manorama Industries IPO) Detail

Company Promoters:

Company Financials:

Objects of the Issue:

Manorama Industries IPO Details

Manorama Industries IPO Lot Size

Manorama Industries IPO Subscription Status (Bidding Detail)

Manorama Industries IPO Prospectus

Manorama Industries IPO Rating

Manorama Industries IPO Listing Date

Listing Day Trading Information

Manorama Industries IPO Reviews / Ratings

Company Contact Information

Manorama Industries IPO Registrar

Manorama Industries IPO Lead Manager(s)

Manorama Industries IPO FAQs

What is Manorama Industries IPO?

When Manorama Industries IPO will open?

What is the lot size of Manorama Industries IPO?

How to apply for Manorama Industries IPO?

When Manorama Industries IPO allotment?

When is Manorama Industries IPO listing date?

Manorama Industries IPO Message Board

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