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Oceanaa Biotek Industries Ltd IPO (OBIL IPO) Detail

March 18, 2014 - March 20, 2014

OBIL IPO is a fixed price issue of Rs 2.10 crores.

OBIL IPO bidding started from March 18, 2014 and ended on March 20, 2014. The shares got listed on BSE SME on April 3, 2014.

OBIL IPO price is ₹10 per share.

V B Desai Financial Services Limited is the book running lead manager of the OBIL IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to OBIL IPO DRHP for detailed information.

OBIL IPO Details

IPO Date March 18, 2014 to March 20, 2014
Listing Date April 3, 2014
Face Value ₹10 per share
Price ₹10 per share
Lot Size
Total Issue Size2,100,000 shares
(aggregating up to ₹2.10 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

About Oceanaa Biotek Industries Ltd

Incorporated in 2005, Oceanaa Biotek Industries Ltd (OBIL) is a specialized food testing laboratory and engaged in the business of food analysis. They are setting up a specialized food analysis laboratory to perform consumer food testing for food producers worldwide. OBIL is an independent entity of the Oceanaa group of companies with interests in processing of marine products, vegetables and fruits - both for export sector and domestic retail sector.

OBIL's core business will revolve around offering complete testing solutions to customers on contract basis. Testing includes the following:

1. Food Quality Analysis
2. Food Safety Analysis

Company's customers includes Food & Feed Industry, Government regulatory bodies (Health, Agriculture, Food Processing), Hotels & Restaurants, Other local food testing laboratories etc. Company has tied up with M/s Food Tech International, a consulting firm, active in the food sector in India as a consultant for the purpose of setup and operational assistance and product delivery assistance.

Objects of the Issue (OBIL IPO Objectives)

The Company proposes to utilize the funds for

1. To set up a food testing analysis lab;
2. To meet Issue expenses.

OBIL IPO Review (Avoid)

[Dilip Davda]  

Avoid this at par offer as it has poor fundamentals and also entry barrier.

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OBIL IPO Prospectus


Rating:Rated 3.1 stars
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OBIL IPO Listing Details

Listing Date April 3, 2014
BSE Script Code 538019
NSE Symbol
ISIN INE732P01018
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Oceanaa Biotek Industries Ltd Contact Details

Oceanaa Biotek Industries Ltd
15, Zackaria Colony,
4th Street, Choolaimedu,
Chennai, Tamil Nadu � 600 094
Phone: +91 44-30241900

OBIL IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

OBIL IPO - Buy or Not

OBIL IPO Recommendation Summary

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OBIL IPO is a SME IPO of 2,100,000 equity shares of the face value of ₹10 aggregating up to ₹2.10 Crores. The issue is priced at ₹10 per share. The minimum order quantity is .

The IPO opens on March 18, 2014, and closes on March 20, 2014.

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

The OBIL IPO opens on March 18, 2014 and closes on March 20, 2014.

OBIL IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in OBIL 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The OBIL IPO listing date is on April 3, 2014.
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OBIL IPO Message Board

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1. Nilesh Shah |   Link |  Bookmark |March 17, 2014 11:43:27 AM
Should we subscribe this for listing gain ?