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Home › IPOs › Bindal Exports Ltd.
BI
Bindal Exports Ltd.
CLOSED BSE SME Fixed Price IPO Fresh Capital Bindal Exports IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹16
Issue Price: ₹ 16
Issue Price
₹16
Face Value
₹10
Lot Size
8,000 shares
Open Date
30 Sep 2016
Close Date
06 Oct 2016
Listing Date
17 Oct 2016
Exchange
BSE SME
Bindal Exports IPO About the Company

Incorporated in 1997, Bindal Exports Ltd is a Surat, Gujarat-based company involved in supplying fabrics, trading grey cloth and finished fabrics and job work of fabrics. The products the company produces include dyed and printed fabrics of polyester, cotton and viscose base; Indian ethnic wear like saree and salwar-kurta-dupatta, embellished stoles and Scarves and flags.

Company has sticking and cutting facility with requisite types of machinery and facilities at Surat. The products produce cater to both domestic and international markets.

Competitive Strengths:
1. Experienced Management Team
2. Quality Assurance
3. A co-relation with its group company
4. Established Marketing Setup
5. Locational Advantage
6. Scalable Business Model

...read more
Bindal Exports IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Working Capital Requirement ₹1
2 General corporate purposes ₹0
Bindal Exports IPO Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
Bindal Exports IPO Key Financial Ratios
RONW
1
Issue Details
Total Shares Offered
1,248,000 (100%)
Reserved for Market Maker
Up to ₹0 Cr
Net Offer to Public
Up to ₹2 Cr
Pre-Issue Shareholding
3,352,400 shares
Post-Issue Shareholding
4,600,400 shares
UPI Mandate
06 Oct 2016
IPO Analytics Dashboard
LIVE
Bindal Exports IPO GMP Insights
👤
Retail Demand
Strong
💼
HNI Interest
Strong
📊
Valuation
Moderate
Bindal Exports IPO GMP Strength Score
8 / 10 Strong
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Bindal Exports IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI — 592,000 (47%) —
👤 Retail (RII) — 592,000 (47%) —
📊 Market Maker — 64,000 (5%) —
Σ Total — 1,248,000 (100%) —

* Amount calculated at upper price band (₹16) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
💼
NII / HNI ? 592,000 (47%)
47%
👤
Retail (RII) ? 592,000 (47%)
47%
📊
Market Maker ? 64,000 (5%)
5%
Total Shares Offered 1,248,000 (100%)
Bindal Exports IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 8,000
Min. Investment ₹128,000
💼 HNI Investors ?
Min. Lots 2
Min. Shares 16,000
Min. Investment ₹256,000
Investor Interpretation
  • Retail allocation is strong at 47% of the total offering.
  • HNI/NII demand is strong at 47%.

This IPO shows strong fundamentals and healthy investor demand. Research the business model and compare with sector peers before applying.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 16  ·  Symbol: —
H —
L —
O —
Bindal Exports IPO Company Info
📍 Bindal House, Kumbharia, Surat Kadodara Road, Surat 394210, Gujarat, India Surat, Gujarat
Visit Website
Bindal Exports IPO Registrar
Bigshare Services Pvt.Ltd.
Check Allotment Status
Bindal Exports IPO FAQs
Bindal Exports IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Bindal Exports IPO is ₹16 per share. One lot has 8,000 shares, so the minimum investment is about ₹128,000. It is a Fresh Capital issue.
Bindal Exports IPO opened on 30 Sep 2016 and closed on 06 Oct 2016. Shares are listed on BSE SME on 17 Oct 2016.
Incorporated in 1997, Bindal Exports Ltd is a Surat, Gujarat-based company involved in supplying fabrics, trading grey cloth and finished fabrics and job work of fabrics.
As per the offer document, Bindal Exports plans to use the IPO proceeds for: 1 Working Capital Requirement (₹1); 2 General corporate purposes (₹0).
The lead manager of Bindal Exports IPO is Pantomath Capital Advisors Pvt.Ltd..
Bindal Exports IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh Capital.
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