Benara Bearings & Pistons Ltd IPO

BSE SME

Offer Date: Mar 20, 2018 - Mar 22, 2018

₹ 120000 /2000 Shares

IPO Details

20 Mar, 2018

Open Date

22 Mar, 2018

Close Date

28 Mar, 2018

Allotment Date

03 Apr, 2018

Listing Date

Issue Price

Rs 60 - Rs 63 Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

2000 Shares (Rs 1,26,000/-)

Lead Manager

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

Issue Size

53,16,000 Equity Shares of Rs 10/- each at a price of Rs 60 - Rs 63 per share aggregating to 33.49 Cr

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	24,84,000	24,84,000	50,44,000
Day 1 - 20-03-18	4,76,000 0.19 x	23,68,000 0.95 x	28,68,000 0.57 x
Day 2 - 21-03-18	8,50,000 0.34 x	29,82,000 1.20 x	38,82,000 0.77 x
Day 3 - 22-03-18	26,44,000 1.06 x	68,84,000 2.77 x	96,18,000 1.91 x
Day 4 - 15-03-18	N/A x	N/A x	N/A x

Valuations

Earnings Per Share (EPS)

Rs 2.38

P/E Ratio

26.46

RoNW

21.44%

Net Asset Value (NAV) - (As on 30.09.17)

Rs 18.83

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

Mr. Panna Lal Jain
Mr. Vivek Benara

IPO - Issue Objectives

Expansion of the Company by way of opening retail stores for automobile parts across the country
Funding the working capital requirements of the Subsidiary Company-Benara Solar Private Limited (BSPL)
Funding the working capital requirements of the Company
General Corporate Purposes

IPO - FAQs

Ans. Benara Bearings & Pistons Ltd IPO is a SME IPO. The issue is priced at Rs 60 - Rs 63 Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Mar 20, 2018, and closes on Mar 22, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Benara Bearings & Pistons Ltd IPO opens on Mar 20, 2018 and closes on Mar 22, 2018.

Ans. The size of Benara Bearings & Pistons Ltd IPO is 53,16,000 Equity Shares of Rs 10/- each at a price of Rs 60 - Rs 63 per share aggregating to 33.49 Cr.

Ans. The IPO price band is set between Rs 60 - Rs 63 Per Equity Share .

Ans. To apply for Benara Bearings & Pistons Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Benara Bearings & Pistons Ltd 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 Benara Bearings & Pistons Ltd IPO is Mar 28, 2018.

Ans. The Benara Bearings & Pistons Ltd IPO will be listed on Apr 3, 2018.

Ans. Follow the steps to check the allotment status for Benara Bearings & Pistons Ltd IPO here.