Bhatia Communications & Retail (India) Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 783,000 (47%) | — | ₹1,175 Cr |
| Retail | — | 783,000 (47%) | — | ₹1,175 Cr |
| Market Maker | — | 84,000 (5%) | — | ₹13 Cr |
| Σ Total | — | 1,650,000 (100%) | — | ₹24,750 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 | 1,000 | ₹150,000 |
| Retail (Max) | 13 | 13,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 67,000 | ₹10,050,000 |
Financial Statements Amount in Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 133 | 96 | 111 |
| Profit After Tax | 0 | 0 | 0 |
| Total Assets | 25 | 18 | 18 |
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 Long term Working capital Requirements – 15.50
- 2 General Corporate Purpose – 5.00
- 3 Public Issue Expenses – 0.50
Company Overview
Incorporated in 2008, Bhatia Communications & Retail (India) Limited is Surat Gujrat based company engaged into retail and wholesale distribution business of mobile handsets, tablets, data-cards, mobile accessories, mobile related products etc. Company sell smart mobile handsets of all the brands including Apple I-Phone, Samsung, OPPO, GIONEE, VIVO etc, mobile related products, tablets, data cards, accessories under one roof through its owned 72 retail outlets and 24 franchisee located all over the South Gujarat region including Surat, Vapi, Valsad, Navsari, Vyara etc.
Company also provide credit/EMI facilities to its customers for buying its products for which it has tied up with major leading credit houses like Bajaj Finserv, Capital First etc.
Company purchases the phones either from distributors or directly from the manufacturers. Bhatia Communications have 84 full time employees.