Fixed Price IPO | ₹4 Cr | Listing at NSE SME | Fri, Aug 18, 2017 - Wed, Aug 23, 2017
Seven Hills Beverages IPO is a fixed issue price of ₹4.16 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹4.16 crore.
Seven Hills Beverages IPO bidding started from Aug 18, 2017 and ended on Aug 23, 2017. The allotment for Seven Hills Beverages IPO was finalized on Aug 29, 2017. Seven Hills Beverages IPO will list on the NSE SME with a tentative listing date fixed as Sep 1, 2017.
Seven Hills Beverages IPO is set final issue price at ₹26 per share. The lot size for an application is 4,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,04,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,08,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd.
Refer to Seven Hills Beverages IPO RHP for detailed Information.
IPO Open
Fri, Aug 18, 2017
IPO Close
Wed, Aug 23, 2017
Issue Price
₹26 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 18 to 23 Aug, 2017 |
| Listing Date | Fri, Sep 1, 2017T |
| Face Value | ₹10 per share |
| Issue Price | ₹26 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 16,00,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 88,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.2288 Cr) |
| Fresh Issue (Ex Market Maker) | 15,12,000 shares (agg. up to ₹4 Cr) |
| Net Offered to Public | 15,12,000 shares (agg. up to ₹4 Cr) |
| Share Holding Pre Issue | 37,30,000 shares |
| Share Holding Post Issue | 53,30,000 shares |
Seven Hills Beverages IPO comprises a total issue size of 16,88,000 shares. The net offer to the public is 16,00,000 shares, after excluding 88,000 shares allotted on a firm basis. Of the Net offer 8,00,000 (50.00%) allocated to NII 8,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 8,00,000 | 50.00% | 47.39% |
| Retail Shares Offered | 8,00,000 | 50.00% | 47.39% |
| Firm Reservations | |||
| Market Maker Shares Offered | 88,000 | 5.21% | |
| Total Shares Offered | 16,88,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,04,000 |
| Retail (Max) | 1 | 4,000 | ₹1,04,000 |
| HNI (Min) | 2 | 8,000 | ₹2,08,000 |
Incorporated in 2009, Seven Hills Beverages Ltd is engaged in the business of manufacturing packaged drinking water for Bisleri International Pvt Ltd.
They have dedicated Plant and Machinery for its manufacturing. It operates as "Co?packers" for "Bisleri" wherein it manufactures the bottles at its plant in order to avoid any possible contaminations and carry out the filling of purified water as well as final sealing and packaging. Company's product "packaged drinking water" is available in 5 pack sizes: 250 ml bottles, 500ml, 1 litre, 2 litre and 20 litre jars as per the production schedule given by Bisleri International Pvt. Ltd on monthly basis. The finished products are dispatched on daily basis. As per the mutual understanding; company produces Packaged Drinking Water for Nasik, Shirdi, Aurangabad & other nearby areas of Maharashtra.
Recently, SHBL has acquired 50.49% strategic stake in Palwe Pest Control Pvt. Ltd. ("PPCPL"), making it as its subsidiary company. PPCPL is a service provider, rendering pest control and other related services to corporate, societies and household. PPCPL has been in this business since more than 16 years and is a recognized brand in services such as General Pest Control Treatment, Birds Control Treatment, Landscaping services and Export Fumigation to Vessel and Container.
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Varun Beverages Ltd. | Mainboard | ₹1,112.50 Cr | ₹445 | null | ₹459.50 | +3.26% | ₹466.55 (+0.51%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 2.82 |
| 2 | General Corporate Purposes | 0.82 |
The Seven Hills Beverages IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | - | - | - | - |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.35 |
| 2 | Brokerage and Selling Commission, Underwriting Commission, RTAs and CDPs | 0.02 |
| 3 | Advertisement, Printing & Stationery, Marketing Expenses, etc | 0.05 |
| 4 | Listing Fees, Market Making fees (1st year), Market Regulatory & Other Expenses | 0.10 |
Lead Manager Reports
Seven Hills Beverages IPO is a SME IPO of 16,00,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹26 per share. The minimum order quantity is 4000.
The IPO opens on Fri, Aug 18, 2017, and closes on Wed, Aug 23, 2017.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Seven Hills Beverages IPO using UPI as a payment gateway. Zerodha customers can apply in Seven Hills Beverages IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Seven Hills Beverages IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Seven Hills Beverages IPO opens on Fri, Aug 18, 2017 and closes on Wed, Aug 23, 2017.
Seven Hills Beverages IPO lot size is 4000, and the minimum amount required for application is ₹1,04,000.
You can apply in Seven Hills Beverages IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Seven Hills Beverages IPO will be done on Tuesday, August 29, 2017, and the allotted shares will be credited to your demat account by Thu, Aug 31, 2017. Check the Seven Hills Beverages IPO allotment status.
The Seven Hills Beverages IPO listing date is not yet announced. The tentative date of listing is Fri, Sep 1, 2017.
