IPO

White Organic Retail Limited IPO

BSE SME

Offer Date: Apr 26, 2019 - May 2, 2019

₹ 126000 /2000 Shares

IPO Details

26 Apr, 2019

Open Date

02 May, 2019

Close Date

09 May, 2019

Allotment Date

10 May, 2019

Listing Date

Issue Price

Rs 63/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

Link Intime India Private Limited

Market Lot

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

Lead Manager

Finshore Managment Services Limited

Issue Size

Fresh issue of 24,54,000 Equity Shares of Rs 10/- at a price of Rs 63/- per share aggregating to Rs 15.46 Cr

Retail Portion

N/A

Subscription

31,76,000 1.36 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved11,64,00011,66,00023,30,000
Day 1 - 26-04-198,58,000 0.74 x54,000 0.05 x9,12,000 0.39 x
Day 2 - 30-04-1919,70,000 1.69 x1,14,000 0.10 x20,84,000 0.89 x
Day 4 - 02-04-1923,58,000 2.03 x8,18,000 0.70 x31,76,000 1.36 x

Valuations

Earnings Per Share (EPS)

5.54/-

P/E Ratio

11.36

RoNW

19.29%

Net Asset Value (Post Issue)

Rs 71.19/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Jinaam's Dress Limited1.5416.8025.37%154.25
TCNS Clothing Co. Limited  4.1547.4611.69%838.49

- Promoter(s)


Company Promoter(s)

  1. Mr. Prashant Mahesh Rupani
  2. Mr. Darshak Mahesh Rupani
  3. White Organic Agro Limited 

IPO - Issue Objectives

  1. To Meet the Working Capital Requirements of the company.
  2. To Meet the Issue Expenses.
  3. General Corporate Purpose. 

IPO - FAQs

Ans. White Organic Retail Limited IPO is a SME IPO. The issue is priced at Rs 63/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Apr 26, 2019, and closes on May 2, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The White Organic Retail Limited IPO opens on Apr 26, 2019 and closes on May 2, 2019.

Ans. The size of White Organic Retail Limited IPO is Fresh issue of 24,54,000 Equity Shares of Rs 10/- at a price of Rs 63/- per share aggregating to Rs 15.46 Cr.

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

Ans. To apply for White Organic Retail Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find White Organic Retail 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 White Organic Retail Limited IPO is May 9, 2019.

Ans. The White Organic Retail Limited IPO will be listed on May 10, 2019.

Ans. Follow the steps to check the allotment status for White Organic Retail Limited IPO here.