Seven Hills Beverages Ltd IPO (Seven Hills Beverages IPO) Detail

Aug 18, 2017 - Aug 23, 2017

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‚Äźpackers" 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 Promoters:

The promoters of the company are:

1. Mr. Sandeep Palwe,
2. Mr. Nayan Palwe and
3. Mrs. Charushila Lathi

Objects of the Issue:

The object of the issue are:

1. Working Capital Requirements;
2. General Corporate Purposes;
3. Issue related expenses.

Seven Hills Beverages IPO Details

IPO DateAug 18, 2017 - Aug 23, 2017
Issue TypeFixed Price Issue IPO
Issue Size1,600,000 Eq Shares of ₹10
(aggregating up to ₹4.16 Cr)
Face Value₹10 Per Equity Share
IPO Price₹26 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtNSE SME

Seven Hills Beverages IPO Tentative Date / Timetable

Bid/Offer Opens OnAug 18, 2017
Bid/Offer Closes OnAug 23, 2017
Finalisation of Basis of AllotmentAug 29, 2017
Initiation of RefundsAug 30, 2017
Credit of Shares to Demat AcctAug 31, 2017
IPO Shares Listing DateSep 1, 2017

Seven Hills Beverages IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹104,000
Maximum14000₹104,000

IPO Notices

External Link

Attn Members : M/s Seven Hills Beverages Limited, has informed the Exchange that due to internal technical reasons they have decided to withdraw / cancel the Public Issue, the entire application money shall be unblocked fothwith.

Seven Hills Beverages IPO Subscription Status (Bidding Detail)

Seven Hills Beverages IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

800,000

800,000

1,600,000

Aug 21, 2017 17:00

Seven Hills Beverages IPO Prospectus

Seven Hills Beverages IPO Rating

150
3.6
Rating:Rated 3.6 stars

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Seven Hills Beverages IPO Reviews / Ratings

Company Contact Information

Seven Hills Beverages Ltd
Gat No. 206, Khatwad Phata,
Vill-Pimpalnere,
Tal. Dindori, Nashik - 422 004

Phone: +91 253 231 5305
Email: info@sevenhillsbeverages.in
Website: http://www.sevenhillsbeverages.in

Seven Hills Beverages IPO Registrar

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

Seven Hills Beverages IPO FAQs

  1. 1. What is Seven Hills Beverages IPO?

    Seven Hills Beverages IPO is a SME IPO of 1,600,000 equity shares of the face value of ₹10 aggregating up to ₹4.16 Crores.

    The issue price of the IPO is ₹26 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Aug 18, 2017 and closes on Aug 23, 2017.

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

  2. 2. When Seven Hills Beverages IPO will open?

    The Seven Hills Beverages IPO opens on Aug 18, 2017 and closes on Aug 23, 2017.

  3. 3. How to apply for Seven Hills Beverages IPO?

    Seven Hills Beverages IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Seven Hills Beverages IPO allotment?

    The finalization of Basis of Allotment for Seven Hills Beverages IPO will be done on Aug 29, 2017, and the allotted shares will be credited to your demat account by Aug 31, 2017. Check the Seven Hills Beverages IPO allotment status.

  5. 5. When is Seven Hills Beverages IPO listing date?

    The Seven Hills Beverages IPO listing date is not yet announced. The tentative date of Seven Hills Beverages IPO listing is Sep 1, 2017.
  6. 6. What is the lot size of Seven Hills Beverages IPO?

    Seven Hills Beverages IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.

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Seven Hills Beverages IPO Review / Comments

GROWINGFURTHER
22. GROWINGFURTHER  Oct 15, 2017 21:13
Expecting good listing on 16th Oct as shown very good profits in FY17
NPP
21. NPP  Oct 5, 2017 11:35
See share price will cross 55 Rs as I predict before listing even Hem Securities , Always look company''s strength and not other related things which can effect not more than 10 percent.
vijay gaggar
20. vijay gaggar  Aug 19, 2017 16:23
Need Help !!!
How can I apply for this SME IPO, not showing in ICICI Trading A/c as well as SBI a/c of mine? I am a new to Share Market.
Baskaran
20.1. Baskaran  Aug 24, 2017 17:43
Please register ASBA. Then you apply.
neelam
20.2. neelam  Aug 28, 2017 22:00
The above is cancel as some tech issue internally for this ipo
sanjay vora
19. sanjay vora  Aug 22, 2017 11:15
sevenhills ka kya hua ipo withdraw ku hua main3 aplication ki he to ab kya karna he
kunjan shah
19.2. kunjan shah  Aug 22, 2017 13:58
The application would be rejected
Dilip Davda
19.3. Dilip Davda  Aug 22, 2017 14:32
Those who applied for this IPO have to check with their banks for unblocking of their amount blocked for this issue. If bank has not done ask them to check with registrar and also drop an email to registrar and the company for that

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

Dilip Davda
18. Dilip Davda  Aug 22, 2017 11:14
Well, there is no point in any guessing. Issue subscription period was 18.08.17 to 23.08.17 and it did received 1640000 shares subscription on 18.08.17 and by 210817 eve it has total bids for 2540000 i.e. oversubscription by over 1.6 times, still it stood cancelled and withdrawn as per remarks on NSE Web as under:

Seven Hills Beverages Limited
      Attn Members : M/s Seven Hills Beverages Limited, has informed the Exchange that due to internal technical reasons they have decided to withdraw / cancel the Public Issue, the entire application money shall be unblocked fothwith.
Symbol      SHBL
Series      EQ
Issue Period      18-Aug-2017 to 21-Aug-2017

As management has decided to call off the issue, it is cancelled and subscription amount will be unblocked soon.

Thus despite getting better response than Servotech it is withdrawn. So now investors should ask for explanation as to why management has decided to withdraw it. As per market reports, Bisleri has intervened and asked for better valuation at a latter date. In that case, Management has to clarify as to whether Bisleri was not aware of the IPO? Was it not informed? What has transpired post opening of the IPO to take such decision. NSE Web has mentioned about INTERNAL TECHNICAL REASON - what are those? Will management clarify on this for transparency? If management is willing to come back at a later date, they have to keep investors informed on the developments and valid reason for their withdrawal of this issue.


.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

A C PATEL
17. A C PATEL  Aug 21, 2017 19:52
Dear Moderator
There is a mistake in issue close date.
Page is showing 23/08/2017 but nse site is showing 21/08/20174
Please correct
MITTAL
17.2. MITTAL  Aug 21, 2017 22:20
Top Contributor Top Contributor (400+ Posts, 800+ Likes)
Sorry 23rd is correct
NAND KISHORE PARWAL
17.3. NAND KISHORE PARWAL  Aug 22, 2017 07:19
Issue closed on 21st August 2017
Nidhike
16. Nidhike  Aug 21, 2017 22:22
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
***Issue is canceled***

All application money will be unblocked
STOCKT
16.1. STOCKT  Aug 22, 2017 01:34
why?
Hexadecimal
15. Hexadecimal  Aug 19, 2017 23:16
On fundamental basis Servotech IPO was better than this IPO but due to bad market condition, no common retail investor has applied.
DarkHorse
15.1. DarkHorse  Aug 21, 2017 10:23
Hexadecimalji, seven hills apply or not?
Aanky
14. Aanky  Aug 19, 2017 18:50
I have 3 application of seven hills want to sale
Baskaran
13. Baskaran  Aug 19, 2017 14:55
I think it is little risk.
Prabhakaran Kuppusamy
12. Prabhakaran Kuppusamy  Aug 18, 2017 19:29
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
SME looks riskier than ever (especially when all indexes are at record high).
So, I would be staying away for a while.
Bye.
Dipesh Jain
11. Dipesh Jain  Aug 18, 2017 16:40
Fully subscribed on day 1.
It will be interesting to see subscription in coming business week. I ll apply if subscription figures cross 25 times
babloo
10. babloo  Aug 18, 2017 12:14
What is the process to apply in SME IPO?
I do have demat account with ICICI and apply in IPOs from that.
@Experts: Pls suggest!
mohan radhe
9. mohan radhe  Aug 17, 2017 21:25
ROC is 49.55% ROE is 67.40% and PE is 7.1. Substantial reduction in borrowing in last year with introduction of new management, multi baggor.
alok iyer
8. alok iyer  Aug 17, 2017 20:35
Promoter Charusheela Lathi is also regular bulk dealer for other listed companies. Looks like BIG B
sanjay vora
7. sanjay vora  Aug 17, 2017 17:47
seven hills ka grey mkt kya he aur ipo bharna chahiye ya nahi
vilas tare
7.1. vilas tare  Aug 17, 2017 20:08
Mujhe kisi broker ne 5000 add on bola hai
vilas tare
7.2. vilas tare  Aug 17, 2017 20:09
Dilip Davda ne subscribe recommend kiya he
ANAND PARMAR
6. ANAND PARMAR  Aug 17, 2017 10:53
Subject 2
vishal chokshi
6.1. vishal chokshi  Aug 17, 2017 14:20
17000
RZJAIN
5. RZJAIN  Aug 16, 2017 23:23
company fundamentals are very good.
dynamic and energetic management, good for long term.
PJinvest
4. PJinvest  Aug 16, 2017 09:28



EBIT 165.47 263.33
PAT 137.09 161.94
PAT% 17.05% 12.84%
ROC 49.55% 30.96%
ROE 67.40% 77.28%
Inventory Turnover 36.49 26.35
Receivable Turnover 22.97 62.37
Debt Equity 0.43 0.96
Price to Book Value 3.06 2.45
EPS 3.68 4.34
P/E 7.07 5.99
Gross Block 378.18 714.50
Net Worth 316.67 395.90
above two coloumns are standalone and consolidated figures of the company.
looking great
RZJAIN
3. RZJAIN  Aug 15, 2017 15:26
Other income is government grant
Pre IPO PE is 7
Own manufacturing facility
and Single customer is Bisleri
and having Own subisidiary
all are positive of this company.






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