Pradip Overseas Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 5,050,000 (48%) | — | ₹5,555 Cr |
| NII (HNI) | — | 1,515,000 (14%) | — | ₹1,667 Cr |
| Retail | — | 3,535,000 (33%) | — | ₹3,889 Cr |
| Employee | — | 500,000 (5%) | — | ₹55 Cr |
| Σ Total | — | 10,600,000 (100%) | — | ₹116,600 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 | 60 | ₹6,600 |
| Retail (Max) | 13 | 780 | ₹85,800 |
| S-HNI (Min) | 14 | 840 | ₹92,400 |
| B-HNI (Min) | 67 | 4,020 | ₹442,200 |
Financial Statements Amount in Lakhs
| Metric | 31-Dec-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 126,984 | 121,010 | 69,313 |
| Profit After Tax | 5,110 | 4,146 | 3,825 |
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 part finance the setting up the Proposed Manufacturing Facility within the Proposed Textile SEZ – 99.950
- 2 To part finance the incremental margin money requirement for working capital – 99.950
- 3 To meet Issue expenses – 6.223
Company Overview
Incorporated in 1980, Pradip Overseas Limited is the textile manufacturer with niche focus on Home Linen Products. Company sale its products in domestic market as well as more than twenty countries around the world.
Company manufacturer and export home textile, home decor and home furnishings. Company's home furnishing range includes table linen, bed spreads, quilts, cushion covers and curtains.
Pradip Overseas is an ISO 9001:2000 certified company. Its existing facility is located at Changodar near Ahmedabad in Gujarat.