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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.
| 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 Date | Mar 22, 2018 to Mar 26, 2018 |
| Listing Date | Thursday, April 5, 2018 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Issue Size | 5,564,000 shares of ₹10 (aggregating up to ₹16.69 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The Promoters of the company are Ratan Kumar Agrawal, Shakuntala Devi Agrawal, and Manoj Kumar Agrawal. |
The Orissa Bengal Carrier IPO 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 |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
Considering reasonable pricing, track record and future prospects, investors may consider long term investment in this issue.
Read detail review...The Orissa Bengal Carrier IPO is subscribed 1.30 times on Mar 26, 2018 5:00:00 PM. The public issue subscribed 1.44 times in the retail category, times in the QIB category, and 1.15 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.15 |
| Retail | 1.44 |
| Total | 1.30 |
| Listing Date | Thursday, April 5, 2018 |
| BSE Script Code | 541206 |
| NSE Symbol | OBCL |
| Listing In | M Group of Securities |
| ISIN | INE426Z01016 |
| IPO Price | ₹30 per share |
| Face Value | ₹10 per share |
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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
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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 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 .
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, Nuvama, 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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