Incorporated in 1994, Orissa Bengal Carrier Limited is a Raipur, Chhattisgarh based logistics company engaged in goods transportation business. The company is one of the IBA approved transporter having ISO 9001:2015 certification for provision of Quality Management System Service. It serves a broad range of industries, including the steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, textile, FMCG. The various types of services provided by the company include: Full Truck Load Transport Services, Parcel and Part Truck Load Services/less than Truck Load (LTL).
The company has a network 45 branch offices spread across the various regions of the country, which serves as strategic hubs for its operations. It has a diversified customer base spreading to over 200 customers as on September 30, 2017. The clientele includes public sector undertakings, corporate and other private players from steel, aluminum, cement, petrochemicals, power, chemicals, marble, tiles, infra, textile, FMCG to name a few.
Orissa Bengal is maintaining its own fleet of 93 owned vehicles. They also provide services by hired vehicles.
As of September 30, 2017 the company had 83 employees, including drivers, based at different locations across the country.
The Strengths of the company are-
Experience: The company has got rich experience of 23 years and is an established name in the logistics industry
in the region.
Distribution network: A branch network of 45 branches covering major geography of the country stretching from WB and Orissa in the east to Gujarat in the west, and Punjab in the north to Tamil Nadu in the south.
Rich and diversified Customer base: A diversified customer base spreading to over 200 customers as on September 30, 2017. The clientele includes public sector undertakings, corporates and other private players from steel, aluminum, cement, petrochemicals, power, chemicals industry to name a few.
Quality certification The Company has been accredited with ISO 9001:2015 certification for Quality Services by LMS Certifications Private Limited providing logistics services & handling services all over India. Additionally, we are an Indian Bank Association (IBA) approved transporter.
Vast of Area of Operation: We provide logistics services covering almost the entire nation.
Strategic location: Since Chhattisgarh contributes approx. 30.00% to Indias steel/sponge iron production, 15.00% cement in Indias production, there is high demand from companies for transportation of goods.
The Promoters of the company are Ratan Kumar Agrawal, Shakuntala Devi Agrawal, and Manoj Kumar Agrawal.
The Promoters hold 83,24,100 Equity Shares representing 53.64% of the issued and paid-up Equity Share capital of the Company.
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | ||
| Total Assets | 7,624.53 | 6,672.51 | 6,111.09 | 5,741.39 | 4,795.29 | |
| Total Revenue | 21,300.22 | 22,055.97 | 20,650.43 | 18,519.40 | 13,546.10 | |
| Profit After Tax | 395.43 | 182.41 | 91.92 | 0.20 | (-16.40) | |
The objects of the Issue are:
1. Funding working capital requirements
2. Issue Expenses
| IPO Opening Date | Mar 22, 2018 |
| IPO Closing Date | Mar 26, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹30 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | BSE SME |
| Issue Size | 5,564,000 Eq Shares of ₹10 (aggregating up to ₹16.69 Cr) |
The Orissa Bengal Carrier IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
The Orissa Bengal Carrier IPO is subscribed 1.30x times on Mar 26, 2018 17:00. The public issue subscribed 1.44x in the retail category, in the QIB category, and 1.15x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| NII | 1.15x |
| RII | 1.44x |
| Total | 1.30x |
| Listing Date | Thursday, April 5, 2018 |
| BSE Script Code | 541206 |
| NSE Symbol | OBCL |
| Listing In | M |
| ISIN | INE426Z01016 |
| IPO Price | ₹30 per equity share |
| Face Value | ₹10 per equity share |
|
|
Orissa Bengal Carrier Limited
A-1, 3rd Floor
C.G. Elite Complex, Opp Mandi Gate
Pandri Main Road, Raipur- 492001
Phone: +91-771-4054518
Email: cs@obclimited.com
Website: http://www.obclimited.com
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
Orissa Bengal Carrier IPO is a SME IPO of 5,564,000 equity shares of the face value of ₹10 aggregating up to ₹16.69 Crores. The issue is priced at ₹30 per equity share. The minimum order quantity is 4000 Shares.
The IPO opens on Mar 22, 2018, and closes on Mar 26, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Orissa Bengal Carrier IPO opens on Mar 22, 2018 and closes on Mar 26, 2018.
Orissa Bengal Carrier IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
You can apply in Orissa Bengal Carrier 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 Orissa Bengal Carrier IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Orissa Bengal Carrier IPO allotment status.
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