Oceanaa Biotek Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 990,000 (47%) | — | ₹99 Cr |
| Retail | — | 1,000,000 (48%) | — | ₹100 Cr |
| Market Maker | — | 110,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 2,100,000 (100%) | — | ₹2,100 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)
Lot size or price band not yet announced.
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 To set up food testing analysis lab – 1.82
- 2 Issue expenses – 0.28
Company Overview
Incorporated in 2005, Oceanaa Biotek Industries Ltd (OBIL) is a specialized food testing laboratory and engaged in the business of food analysis. They are setting up a specialized food analysis laboratory to perform consumer food testing for food producers worldwide. OBIL is an independent entity of the Oceanaa group of companies with interests in processing of marine products, vegetables and fruits - both for export sector and domestic retail sector.
OBIL's core business will revolve around offering complete testing solutions to customers on contract basis. Testing includes the following:
1. Food Quality Analysis
2. Food Safety Analysis
Company's customers includes Food & Feed Industry, Government regulatory bodies (Health, Agriculture, Food Processing), Hotels & Restaurants, Other local food testing laboratories etc. Company has tied up with M/s Food Tech International, a consulting firm, active in the food sector in India as a consultant for the purpose of setup and operational assistance and product delivery assistance.