Felix Industries Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 648,000 (47%) | — | ₹227 Cr |
| Retail | — | 648,000 (47%) | — | ₹227 Cr |
| Market Maker | — | 72,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,368,000 (100%) | — | ₹4,788 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 | ₹140,000 |
| Retail (Max) | 13 | 52,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 268,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31-Oct-2017 | 31-Mar-2017 | 31-Mar-2016 |
|---|---|---|---|
| Revenue | 346 | 519 | 329 |
| Profit After Tax | 23 | 17 | 11 |
| Total Assets | 688 | 623 | 351 |
| Reserves & Surplus | 42 | 19 | 19 |
| Total Borrowing | 126 | 109 | 164 |
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
- Building &Construction cost – 0.92
- Procurement of Machineries – 0.66
- Furniture and Fixtures – 0.36
- Working capital Requirements – 1.98
- General Corporate Purpose – 0.51
- Issue Expenses – 0.37
Company Overview
Incorporated in 2012, Felix Industries Ltd is Ahmedabad Gujrat based environmental conservation company with a vision of ‘Recycle-Reuse-Recover-Reduce’. The business segments of the company include Water and Waste Water Recycling, Industrial Piping, Nano Products (Membrane Technologies) and E-waste Recycling.
Felix through its water treatment division provides its services to industries such as steel, chemical, pharmaceutical, plastic, paper & pulp, leather, automotive, textile & dyes, food and dairy etc.
Felix is a government approved e-waste recycling company with a processing capacity of 6000 MT per year and it also has one of the largest recycling capacities in India. The E-Waste collected from pan India is processed at the company‘s plant located at Electronic Estate, Gandhinagar where activities like e-waste collection, storage, dismantling and segregation takes place.
The Go-Green concept of Felix Industries magnifies the basic idea of recycling the industrial effluent and reusing it, which provides maximum recovery and thus reduces the discharge of the waste water.