Vidli Restaurants Ltd IPO (Vidli Restaurants IPO) Detail

Feb 3, 2016 - Feb 5, 2016

Vidli Restaurant Ltd. (VRL) is a "Kamats" group company running chains of restaurants serving hygienic standardize food items in a quick serve format at various outlets on national highways, state highways and cities. The group is known for its brands "Vithal Kamat" and' Kamats'. The company has entered into Master Franchisee agreement in last August with MNM group for a period of 5 years wherein the said group would have exclusive rights to give franchisee in Gujarat region.

The Company started its operations in November 2013. Since then, the company started expanding its restaurant chain and concentrated on standardising its products and services through centralised purchasing and training system. As on December 31, 2015 it had 39 restaurants in western and central territories on major highways.

Company largely targets affordable segment of the market through our outlets. Presently, our operations are categorised into family dining, khaojao and kamat's cornermodel.

Objects of the Issue:

The objects of the Issue are:
1. Finance establishment of new food joints;
2. General Corporate Purpose;
3. Issue Expenses

Vidli Restaurants IPO Details

IPO Opening DateFeb 3, 2016
IPO Closing DateFeb 5, 2016
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹10 per equity share
Market Lot10000 Shares
Min Order Quantity
Listing AtBSE SME
Issue Size1,310,000 Eq Shares of ₹10
(aggregating up to ₹1.31 Cr)

Vidli Restaurants IPO Lot Size

The Vidli Restaurants IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum110000₹100,000
Maximum220000₹200,000

Vidli Restaurants IPO Prospectus

Vidli Restaurants IPO Rating

11
3.8
Rating:Rated 3.8 stars

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Vidli Restaurants IPO Listing Date

Listing DateMonday, February 15, 2016
BSE Script Code539659
NSE Symbol
Listing InM Group of Securities
ISININE564S01019
IPO Price₹10 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹10.00
₹12.00
₹12.00
₹12.00
₹12.00
50,000

Vidli Restaurants IPO Reviews / Ratings

Company Contact Information

Vidli Restaurants Ltd
Office No. 26, Building-1
Ajay Mittal Industrial Premises Limited
Marol, Andheri (East) Mumbai 400059

Phone: +91 22 66978736
Email: info@kamatsrestaurants.com
Website: http://kamatsrestaurants.com/

Vidli Restaurants 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

Vidli Restaurants IPO FAQs

  1. What is Vidli Restaurants IPO?

    Vidli Restaurants IPO is a SME IPO of 1,310,000 equity shares of the face value of ₹10 aggregating up to ₹1.31 Crores. The issue is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares.

    The IPO opens on Feb 3, 2016, and closes on Feb 5, 2016.

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

  2. When Vidli Restaurants IPO will open?

    The Vidli Restaurants IPO opens on Feb 3, 2016 and closes on Feb 5, 2016.

  3. What is the lot size of Vidli Restaurants IPO?

    Vidli Restaurants IPO lot size is 10000 Shares and the minimum order quantity is .

  4. How to apply for Vidli Restaurants IPO?

    You can apply in Vidli Restaurants 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.

  5. When Vidli Restaurants IPO allotment?

    The finalization of Basis of Allotment for Vidli Restaurants IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vidli Restaurants IPO allotment status.

  6. When is Vidli Restaurants IPO listing date?

    The Vidli Restaurants IPO listing date is on Monday, February 15, 2016.

Vidli Restaurants IPO Message Board

Ranked Members  Ranked Members

Loading...
16. Manipo |Feb 17, 2016 11:03
Top Contributor Top Contributor (200+ Posts)
huge volumes today so far 4 Lacs shares traded. Price is around 15.6.
What''s next? Is it expected to move further?
15. SNBC |Feb 15, 2016 22:22
On 5 the Feb I was the first to tell u that vidli went 8 times and boarder -(IPO analyst) said only .5 times .also asked to refrain from subscribing.
I speak less, but my analysis speak most.
Don''t sell vidli if u are lucky to get allotment.
Tar16 rs non stop and 30 rs in. 2 years.
Follow me or ignore me its Ur choice.
15.3. SNBC |Feb 16, 2016 11:28
hitech pipes is fundamentally very good company and importantly it has good cash flow .u can invest in hitech pipes for long term gains.
i dont expect more than 5-7% listing gains on it.
kp energy is highly/expensively priced issue and also the company is into investment phase.so it will atleat taek 18-24 mths to breakevn -avoid
i buy what i understand and when i dont understand or dont see godd risk reward -just ignore
many new sme ipos lined up.
wait for them like ruby cables, stovec, sysco, quadros and many more
15.4. IPOANALYSIS |Feb 16, 2016 23:14
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
SNBC AND IB YOU ARE BOTH WRONG AS ALWAYS. I HAVE TOLD THE SUBSCRIPTION ON 1 DAY BEFORE OF CLOSURE AND NOT ON CLOSING DAY.

ANYWAY CHECK MY RECOMMENDATION OF FOURTH DIMENSION WHICH IS NOW ALMOST 3 TIMES ITS ISSUE PRICE . IB NEVER AGREED TO IT BUT CHECK THE PRICE NOW. VIDLI IS JUST INCREASING BEACOF ITS SMALL ISSUE OF ONLY 1 CRORE AND BEING MANIPULATED. THEIR IS NOTHIN GREAT ABOUT COMPANY. IT HAS SALES OF ONLY 3 CRORE SO NO FUNDAMENTALS

AS SOON AS IT WILL STOP INCREASE IT WILL HIT LOWER CIRCUIT ALSO IN SAME WAY.
DONT BE TOO OPTIMISTIC ON THESE MANIPULATED STOCKS AS ONE DAY THEY WILL FALL DOWN HEAVILY

ANYWAY FDS WAS MUCH BETTER AS MOSTLY GOT ALLOTMET AS WAS SUBSCRIBED ONLY 2 TIME AND FETCH MUCH BETTER RETURNS WHEREAS VIDLI SUBSCRIBE 7 TIMES DUE TO SMALL ISSUE SO LESS ALLOTMET

STOCK WILL CRASH ONCE THE OPERATORS GET OUT
14. rtvvtr |Feb 15, 2016 11:10
more 2/3 circuit expected... like fourth diam
14.1. KSC |Feb 15, 2016 11:24
Egaleyeji..kya aap batayenge qh..ka allot.what time per hai aap ko Sab jankari hoti hai mem aap husiyarx ho.
13. IPOANALYSIS |Feb 12, 2016 21:17
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
All the best to allotees . hope it give some listing gain.
i am not too positive on this for long term though. don think it can ever reach 30 rs on listing as there is circuit filter so cant go up or down 10 to 20 pc nowdays.
anyways, i was not impressed with promoter background and sales figure so did not apply.

but their sales of 2.5 crore is too low.
12. kiran |Feb 12, 2016 18:14
Hi

I am new to SME IPO. I would like to clear few doubts
For ex, i bought shares of VIDLI SME ipo, and i got allotrment, afterthat
1. What is the procedure for selling shares(on which platform & How)
2. can i sell these shares at any time?

and if i did not get allotment,
3. in How many days money will be credited back to my account ?
11. d p |Feb 12, 2016 15:36
listing upper circuit
10. surprit |Feb 10, 2016 10:28
Vidli got subscribed 6.84 times. Allotment today, credit of shares tomorrow, listing on Monday. I am sure it will list above 30 rs.
9. IPOANALYSIS |Feb 5, 2016 19:36
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Infact Cawasji Behramji charts looks excellent. it is available at 34 with 3 new restaurants opened recently. its sales and profits would be excellent that will be announced.

remember cawasji behramji sales is 70 crore and market cap is only 19 crore
so this stock will reach more than 100 rs in few months.

disclosure: had been allotted 10000 shares of cawasji from ipo and bought 40000 shares from open market at average cost of 32 rs.


8. SNBC |Feb 5, 2016 18:31
Vidli gets subscribed 8 times.
Many boarders raised questions on companys fundamental and kamat grp.
But have they really read the drhp???
Just look whats the object claand mou of vidli.
8.3. IPOANALYSIS |Feb 5, 2016 19:37
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
call the lead manager of ipo. however not sure where SNBC got the oversubscription details.
8.4. Manipo |Feb 6, 2016 11:09
Top Contributor Top Contributor (200+ Posts)
Talked to the lead manager. IPO has oversubscribed by at-least 5 times. Also allotment will be faster as per new SEBI rules.
7. mahesharma |Feb 4, 2016 15:26
upcoming ipo VIDLI RESTAURANTS LTD
6. surprit |Feb 4, 2016 13:42
What is the subscription status so far? Where to find the details!
5. IPOANALYSIS |Feb 4, 2016 01:28
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
iGNORE

REASONS

IT HAS SALES OF ONLY 2.5 CRORE YEARLY AND 25 L PROFITS. EVEN SMALL BUSINESS HOHAVE MORE PROFIT THAN THIS

IF THEY ARE COLLECTING 1.3 CRORE THEY ARE STILL ASKING FOR MARKET CAP OF MORE THAN 4 CRORE WITH SALES OF ONLY 2.5 CRORE

2) KAMAT GROUP HAS DONE FRAUD AND NOT PAID BANKS AMOUNT OF 100 CRORE. YOU NEVER KNOW WHEN BANKS COULD SCREW THEM AND ASK TO SELL THEIR PROPERTIES. ANYWAY THEIR BRAND IMAGE WOULD BE HIT HENCE ITS NEGATIVE

3) SOUTH INDIAN FOOD FIND LESS BUYERS AND MIGHT NOT BE ABLE TO SUSTAIN REVENUE FOR THAT LONG

IT CLEAR AVOID SME

BUY CAWASJI BEHRAMJI INSTEAD WHICH HAS SALES OF 70 CRORE YEARLY AND AVAILABLE AT MARKET CAP OF ONLY 21 CRORE AND HENCE CAWASJI HAS OUPERFORMED


NOT APPLY
4. Prashant Pednekar |Feb 3, 2016 12:17
Dear Friends,

From my understanding Kamat group has a market cap of 90+ crores but they want 1.31 Cr from the market. Their book value is -10 Rs at this point. Shares are being sold at par. I feel they are just trying to scrap some retirement fund. No point in investing at all.
3. Kiran J |Feb 3, 2016 10:23
Can we apply for these IPOs and trade in SME stocks from ICICI Direct?
2. ankit stock |Feb 3, 2016 08:14
Why this kind of issues need such a high minimum investment? Are they want to restrict small investor? Or any other reason, can any one pls explain.
2.3. Septa |Feb 3, 2016 09:38
IPO Guru IPO Guru (4000+ Posts, 4600+ Likes)
It will be listed on BSE SME platform.........investment in SME IPO is high risk high return majority of the SME IPO u lose money something like angel investing.... also it is not easily tradable u need to have good broker since most transaction is off line..... This one i do not have interest given size of issue and promoters background
2.4. Kumarfam |Feb 3, 2016 12:20
As i were new to this sme platform... Thank u for ur valuable advice septa ji.
1. vijay sahajwani |Feb 2, 2016 23:34
Sir should I apply in vidli rest for listing gain? Please suggest thanks.







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