IPO

Anand Rayons Limited IPO

BSE SME

Offer Date: Jun 18, 2019 - Jun 24, 2019

₹ 108000 /4000 Shares

IPO Details

18 Jun, 2019

Open Date

24 Jun, 2019

Close Date

28 Jun, 2019

Allotment Date

02 Jul, 2019

Listing Date

Issue Price

 Rs 27/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services  Private Ltd

Market Lot

4000 Shares ( Rs 1,08,000/- )

Lead Manager

Guiness Corporate Advisors Pvt Ltd

Issue Size

Fresh issue of 46,88,000 Equity Shares of Rs 10/- at a price of  Rs 27/- per share aggregating to Rs 12.66 Cr

Retail Portion

N/A

Subscription

52,08,000 1.17 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved22,24,00022,24,00044,48,000
Day 1 - 18-06-201912,00,000 0.54 x20,000 0.01 x12,20,000 0.27 x
Day 2 - 19-06-2019 19,36,000 0.87 x56,000 0.03 x19,92,000 0.45 x
Day 3 - 20-06-201924,56,000 1.10 x1,32,000 0.06 x25,88,000 0.58 x
Day 4 - 21-06-2019 32,32,000 1.45 x3,16,000 0.14 x35,48,000 0.80 x
Day 5 - 24-06-2019 41,36,000 1.86 x10,72,000 0.48 x52,08,000 1.17 x

Valuations

Earnings Per Share (EPS)

Rs 0.96/-

P/E Ratio

28.12

RoNW

16.65%

Net Asset Value after issue

Rs  16.77/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Anand Rayons Limited1.6128.1216.65%259.59
Shiva Texyarn Limited1.5025.145.98%353.53
Jakharia Fabric Limited2.4921.296.19%83.97

- Promoter(s)


Company Promoter(s)

  1. Mr. Anand  Bakshi

IPO - Issue Objectives

  1. Incremental Working capital requirements
  2. General Corporate Purpose
  3. Meeting Public Issue Expenses

IPO - FAQs

Ans. Anand Rayons Limited IPO is a SME IPO. The issue is priced at  Rs 27/- Per Equity Share . The minimum order quantity is 4000 Shares. The IPO opens on Jun 18, 2019, and closes on Jun 24, 2019. Bigshare Services  Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Anand Rayons Limited IPO opens on Jun 18, 2019 and closes on Jun 24, 2019.

Ans. The size of Anand Rayons Limited IPO is Fresh issue of 46,88,000 Equity Shares of Rs 10/- at a price of  Rs 27/- per share aggregating to Rs 12.66 Cr.

Ans. The IPO price band is set between  Rs 27/- Per Equity Share .

Ans. To apply for Anand Rayons Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Anand Rayons Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Anand Rayons Limited IPO is Jun 28, 2019.

Ans. The Anand Rayons Limited IPO will be listed on Jul 2, 2019.

Ans. Follow the steps to check the allotment status for Anand Rayons Limited IPO here.