Add-Shop Promotions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,132,000 (47%) | — | ₹294 Cr |
| Retail | — | 1,132,000 (47%) | — | ₹294 Cr |
| Market Maker | — | 132,000 (6%) | — | ₹3 Cr |
| Σ Total | — | 2,396,000 (100%) | — | ₹6,230 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,456,000 |
| B-HNI (Min) | 67 | 268,000 | ₹6,968,000 |
Financial Statements Amount in Lakhs
| Metric | 31-June-18 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 384 | 1,255 | 455 |
| Profit After Tax | 16 | 23 | 15 |
| Total Assets | 807 | 758 | 84 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up of herbal & ayurvedic processing unit for manufacturing of cosmetic & non-cosmetic products at Village Padawala, Taluka Kotdasangani, District Rajkot (“Project”); – 2.09
- 2 Brand Building and Advertisement – 0.45
- 3 Working Capital Requirements – 1.69
- 4 General Corporate Purposes – 1.50
Company Overview
Incorporated in 2013, Gujarat based Add-Shop Promotions Limited is a company engaged in the business of marketing and distribution of ayurvedic, food supplements, agricultural products, animal feed supplement and personal care products under the brand name "Add-Shop Promotions".
The company supplies products manufactured by select manufacturers under its brand to retailers and wholesalers. It procures the finished products from certified manufacturers and markets it through various intermediaries and sales agents.
Add-shop has tied up with Marss Herbal (India), a manufacturer of herbal and natural use products. The company supplies the manufactured products under "ADD-Shop" brand.
To penetrate major markets, Add-shop has entered into an agreement with various collecting and forwarding agents (C&F's) like Panchlingeshwara Enterprises, in Karnataka., Just Need United Trading, Maharashtra, and Good Life Enterprises Telangana.
The Company's total revenue as restated for the three months ended June 2018 and for the Financial year 2018, 2017 and 2016 was Rs.381.41 lakhs, Rs.1254.90 lakhs, Rs. 455.41 lakhs and Rs.192.67 lakhs, respectively.
The profit/loss after tax as restated for the three months ended June 2018 and Financial Year 2018, 2017 and 2016 was Rs. 16.37 lakhs, Rs. 22.96 lakhs, 14.69 lakhs, and Rs. (0.38) lakhs, respectively.
The company has 16 permanent employees on its payroll.