Khemani Distributors & Marketing Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 750,000 (47%) | — | ₹750 Cr |
| Retail | — | 750,000 (47%) | — | ₹750 Cr |
| Market Maker | — | 84,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 1,584,000 (100%) | — | ₹15,840 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 | 1,200 | ₹120,000 |
| Retail (Max) | 13 | 15,600 | ₹1,560,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,680,000 |
| B-HNI (Min) | 67 | 80,400 | ₹8,040,000 |
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 Repayment of unsecured loans – 7.50
- 2 To meet the working capital requirements – 4.50
- 3 General Corporate Purposes – 3.34
- 4 Issue expenses – 0.50
Company Overview
Khemani Distributors & Marketing Ltd (KDM) is engaged in the business of trading in FMCG products of Hindustan Unilever Limited ('HUL') as a 'Redistribution Stockist' in Surat, Gujarat. Its product portfolio includes (a) personal care products; (b) home care products; and (c) food and drinks products. KDM primarily caters to the retailers and wholesalers of Surat wherein it supply the above range of HUL FMCG products. Currently, it is catering to approximately 3,500 retailers and wholesalers located in Surat. KDM also keeps investing and dealing in securities, in such manner, as it deems fit for the attainment of its main objects.
Initially, in the year 2011 the Company was involved in the business of distributorship of mobile handsets with one of the mobile manufacturers for the territories of Surat district, Tapi district, Navsari district, Silvassa, Daman, Umargaon, Pardi, Dharampur and Valsad town. However, it discontinued the said business in the year 2012.