Bedmutha Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,500,000 (50%) | — | ₹4,590 Cr |
| NII (HNI) | — | 1,350,000 (15%) | — | ₹1,377 Cr |
| Retail | — | 3,150,000 (35%) | — | ₹3,213 Cr |
| Σ Total | — | 9,000,000 (100%) | — | ₹91,800 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 | 65 | ₹6,630 |
| Retail (Max) | 13 | 845 | ₹86,190 |
| S-HNI (Min) | 14 | 910 | ₹92,820 |
| B-HNI (Min) | 67 | 4,355 | ₹444,210 |
Financial Statements Amount in Lakhs
| Metric | 31-Oct-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 9,747 | 15,166 | 11,564 |
| Profit After Tax | 856 | 703 | 392 |
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 new plant at Sinnar, Nashik for manufacturing of new product Low Relaxation PreStress Concrete (LRPC) Wire and Spring Steel Wire. – 84.94
- 2 General Corporate Purposes –
Company Overview
Bedmutha Industries Ltd is one of the leading steel wire manufacturers in western India located in Nashik. Bedmutha operate four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits.
Company has wide range of wire and wire products - Galvanized wires, Cable Armour Wires, ACSR Wires, Wire Nails, Earth Wires, Stay Wires, Spring Steel Wires, Barbed Wires, etc. Products are used in various areas such as roads, bridges, flyovers, power, automobile, engineering, agriculture, railways and defence. Their products are approved by Bureau of Indian Standards, Power Grid Corporation and State Electricity Boards.
Bedmutha have promoted Kamalasha Infrastructure & Engineering Private Limited (KIEPL) which is their subsidiary, for implementation of turnkey contracts for infrastructure namely in power, roads, railways etc.