Bindal Exports Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 592,000 (47%) | — | ₹95 Cr |
| Retail | — | 592,000 (47%) | — | ₹95 Cr |
| Market Maker | — | 64,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 1,248,000 (100%) | — | ₹1,997 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 | 8,000 | ₹128,000 |
| Retail (Max) | 13 | 104,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 112,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 536,000 | ₹8,576,000 |
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 Working Capital Requirement – 1.25
- 2 General corporate purposes – 0.35
Company Overview
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