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

August 18, 2017 - August 23, 2017

Seven Hills Beverages IPO is a fixed price issue of Rs 4.16 crores.

Seven Hills Beverages IPO bidding started from August 18, 2017 and ended on August 23, 2017. The allotment for Seven Hills Beverages IPO was finalized on Tuesday, August 29, 2017. Seven Hills Beverages IPO will list on NSE SME with tentative listing date fixed as Friday, September 1, 2017.

Seven Hills Beverages IPO price is ₹26 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹104,000.

Aryaman Financial Services Limited is the book running lead manager of the Seven Hills Beverages IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Seven Hills Beverages IPO RHP for detailed information.

Seven Hills Beverages IPO Details

IPO Date August 18, 2017 to August 23, 2017
Listing Date [.]
Face Value ₹10 per share
Price ₹26 per share
Lot Size 4000 Shares
Total Issue Size1,600,000 shares
(aggregating up to ₹4.16 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Seven Hills Beverages IPO Reservation

Seven Hills Beverages IPO offers 1,600,000 shares. 800,000 (50.00%) to NII, 800,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered800,000 (50.00%)
Retail Shares Offered800,000 (50.00%)
Total Shares Offered1,600,000 (100%)

Seven Hills Beverages IPO Timeline (Tentative Schedule)

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

IPO Open Date Friday, August 18, 2017
IPO Close Date Wednesday, August 23, 2017
Basis of Allotment Tuesday, August 29, 2017
Initiation of Refunds Wednesday, August 30, 2017
Credit of Shares to Demat Thursday, August 31, 2017
Listing Date Friday, September 1, 2017
Cut-off time for UPI mandate confirmation 5 PM on August 23, 2017

Seven Hills Beverages IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 4000 ₹104,000
Retail (Max) 1 4000 ₹104,000
Lot Size Calculator

About Seven Hills Beverages Ltd

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.

Objects of the Issue (Seven Hills Beverages IPO Objectives)

The object of the issue are:

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

Seven Hills Beverages IPO Review (Apply)

[Dilip Davda]  Cash surplus Investors may consider investment for long term. Read detail review...


Seven Hills Beverages IPO Subscription Status (Bidding Detail)

The Seven Hills Beverages IPO is subscribed times on August 21, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other
Retail
Total

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 Prospectus

Seven Hills Beverages IPO Rating

150
3.6
Rating:Rated 3.6 stars
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Seven Hills Beverages Ltd Contact Details

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

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Seven Hills Beverages IPO - Buy or Not

Seven Hills Beverages IPO Recommendation Summary

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Members 0 0 0

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Seven Hills Beverages IPO FAQs

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 is priced at ₹26 per share. The minimum order quantity is 4000 Shares.

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

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

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

Seven Hills Beverages IPO lot size is 4000 Shares, and the minimum amount required is ₹104,000.

You can apply in Seven Hills Beverages 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 Seven Hills Beverages IPO will be done on Tuesday, August 29, 2017, and the allotted shares will be credited to your demat account by Thursday, August 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 Seven Hills Beverages IPO listing is Friday, September 1, 2017.
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Seven Hills Beverages IPO Message Board

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36 Comments

22. GROWINGFURTHER |   Link |  Bookmark |October 15, 2017 9:13:45 PM
Expecting good listing on 16th Oct as shown very good profits in FY17
21. NPP |   Link |  Bookmark |October 5, 2017 11:35:45 AM
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.
20. vijay gaggar |   Link |  Bookmark |August 19, 2017 4:23:24 PM
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.
20.1. Baskaran |   Link |  Bookmark |August 24, 2017 5:43:59 PM
Please register ASBA. Then you apply.
20.2. neelam |   Link |  Bookmark |August 28, 2017 10:00:55 PM
The above is cancel as some tech issue internally for this ipo
19. sanjay vora |   Link |  Bookmark |August 22, 2017 11:15:50 AM
sevenhills ka kya hua ipo withdraw ku hua main3 aplication ki he to ab kya karna he
19.2. kunjan shah |   Link |  Bookmark |August 22, 2017 1:58:41 PM
The application would be rejected
19.3. Dilip Davda |   Link |  Bookmark |August 22, 2017 2:32:48 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
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

18. Dilip Davda |   Link |  Bookmark |August 22, 2017 11:14:18 AM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
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

17. A C PATEL |   Link |  Bookmark |August 21, 2017 7:52:25 PM
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
17.2. MITTAL |   Link |  Bookmark |August 21, 2017 10:20:46 PM
IPO Mentor IPO Mentor (700+ Posts, 1200+ Likes)
Sorry 23rd is correct
17.3. NAND KISHORE PARWAL |   Link |  Bookmark |August 22, 2017 7:19:44 AM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Issue closed on 21st August 2017
16. Nidhike |   Link |  Bookmark |August 21, 2017 10:22:19 PM (300+ Posts, 500+ Likes)
***Issue is canceled***

All application money will be unblocked
16.1. STOCKT |   Link |  Bookmark |August 22, 2017 1:34:39 AM
why?
15. Hexadecimal |   Link |  Bookmark |August 19, 2017 11:16:08 PM
On fundamental basis Servotech IPO was better than this IPO but due to bad market condition, no common retail investor has applied.
15.1. DarkHorse |   Link |  Bookmark |August 21, 2017 10:23:13 AM
Hexadecimalji, seven hills apply or not?
14. Aanky |   Link |  Bookmark |August 19, 2017 6:50:19 PM
I have 3 application of seven hills want to sale
13. Baskaran |   Link |  Bookmark |August 19, 2017 2:55:40 PM
I think it is little risk.
12. Prabhakaran Kuppusamy |   Link |  Bookmark |August 18, 2017 7:29:47 PM (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.
11. Dipesh Jain |   Link |  Bookmark |August 18, 2017 4:40:38 PM
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
10. babloo |   Link |  Bookmark |August 18, 2017 12:14:29 PM
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!
9. mohan radhe |   Link |  Bookmark |August 17, 2017 9:25:48 PM
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.
8. alok iyer |   Link |  Bookmark |August 17, 2017 8:35:49 PM
Promoter Charusheela Lathi is also regular bulk dealer for other listed companies. Looks like BIG B
7. sanjay vora |   Link |  Bookmark |August 17, 2017 5:47:12 PM
seven hills ka grey mkt kya he aur ipo bharna chahiye ya nahi
7.1. vilas tare |   Link |  Bookmark |August 17, 2017 8:08:57 PM
Mujhe kisi broker ne 5000 add on bola hai
7.2. vilas tare |   Link |  Bookmark |August 17, 2017 8:09:50 PM
Dilip Davda ne subscribe recommend kiya he
6. ANAND PARMAR |   Link |  Bookmark |August 17, 2017 10:53:56 AM
Subject 2
6.1. vishal chokshi |   Link |  Bookmark |August 17, 2017 2:20:06 PM
17000
5. RZJAIN |   Link |  Bookmark |August 16, 2017 11:23:46 PM
company fundamentals are very good.
dynamic and energetic management, good for long term.
4. PJinvest |   Link |  Bookmark |August 16, 2017 9:28:15 AM



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
3. RZJAIN |   Link |  Bookmark |August 15, 2017 3:26:22 PM
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.