Narmada Agrobase Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

28 Mar 2018

Close Date

11 Apr 2018

Allotment

17 Apr 2018

Listing Date

19 Apr 2018

Exchange

NSE SME

Price Band

₹32

Listing Price

See chart

Allotment Status

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Price Band

₹32

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

23,40,000 shares (aggregating up to ₹7.49 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹128,000

1 lot

Pre-IPO Holding

51,87,063 shares

Promoters

Post-IPO Holding

75,27,063 shares

Promoters

UPI Deadline

2018-04-11

Mandate

Anchor AllotmentTue, 27 Mar 2018

Basis of AllotmentTue, 17 Apr 2018

Refund InitiationWed, 18 Apr 2018

Demat CreditWed, 18 Apr 2018

Listing DayThu, 19 Apr 2018

UPI Mandate Deadline2018-04-11

Sale TypeFresh Capital

Net Offer to Public22,16,000 shares (aggregating up to ₹7.09 Cr)

Market Maker Quota1,24,000 shares (aggregating up to ₹0.3968 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Narmada Agrobase Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Apr 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	124,000	—	₹0.40
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,340,000	100%	₹7.49

IPO Shares Offered

Narmada Agrobase Ltd. IPO total issue size: ₹7.49 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	124,000	₹0.40	5.30%
Total	2,340,000	₹7.49	100.00%

* Based on upper price band ₹32 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹32.00

Upper Band

Min Investment

₹128,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹256,000
Retail (Max — 13 Lots)	13	52,000	₹1,664,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,792,000
B-HNI (Min — 68 Lots)	68	272,000	₹8,704,000

* Issue Price ₹32 × Lot Size 4,000 shares

IPO Schedule

Anchor

27 Mar 2018

✓ Done

IPO Open

28 Mar 2018

✓ Done

IPO Close

11 Apr 2018

✓ Done

Allotment

17 Apr 2018

✓ Done

Refunds

18 Apr 2018

✓ Done

Demat Credit

18 Apr 2018

✓ Done

Listing Day

19 Apr 2018

✓ Done

₹32.00

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Issue ₹32.00 Live Price

About Narmada Agrobase Ltd.

Incorporated in 2013, Narmada Agrobase Limited is a Gujarat based company engaged in manufacturing & processing of cottonseed meal cake, cattle feed and soya bean meal. The products manufactured by the company are used for the feeding of cattle which provides a high amount of proteins and other nutrients required by them. Also, the by-products of the Products are used in textiles Industry, Consumer Goods Industry, and Paper Industry.The company manufactures and exports its products under the brand name of "Churma" and "Gaay Chhaap Narmada Pashu Aahar".Narmada Agrobase has 9 employees (including Registered Office Staff and Factory Workmen and Corporate Office) onpayroll and it also hires contract labor in the factories as per requirement.

Objects of the Issue

1 To Meet Working Capital Requirement

2 General Corporate Expenses

Narmada Agrobase Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹2,203.7

31-Mar-15

₹3,070.7

31-Mar-16

₹3,444.9

31-Mar-17

Profit After Tax (PAT)

₹13.9

31-Mar-15

₹18.9

31-Mar-16

₹30.3

31-Mar-17

Particulars	31-Mar-17	31-Mar-16	31-Mar-15
Revenue from Operations	3444.89	3070.72	2203.68
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	30.29	18.90	13.88
Net Worth	N/A	N/A	N/A
Total Assets	1367.01	1072.64	896.18
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered23,40,000 (100.00%)

Net Offer to Public22,16,000 shares (aggregating up to ₹7.09 Cr)

Reserved for Market Maker1,24,000 shares (aggregating up to ₹0.3968 Cr)

Pre-Issue Promoter Holding51,87,063 shares

Post-Issue Promoter Holding75,27,063 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

einward.ris@karvy.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Corporate Capitalventures Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Narmada Agrobase Ltd. IPO subscribed? ▲

Narmada Agrobase Ltd. IPO is subscribed 1.00 times by Apr 11, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Narmada Agrobase Ltd. IPO retail subscription status? ▼

The Narmada Agrobase Ltd. IPO retail category is subscribed 1.00 times as of 11 Apr 2018. The retail portion is oversubscribed.

How to subscribe Narmada Agrobase Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Mar 2018 and closes 11 Apr 2018. Min investment: ₹128,000 (1 lot = 4,000 shares). UPI mandate: 2018-04-11.

How many times Narmada Agrobase Ltd. IPO subscribed? ▼

The Narmada Agrobase Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Narmada Agrobase Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 17 Apr 2018. Refunds: on 18 Apr 2018.

When Narmada Agrobase Ltd. IPO will be listed? ▼

The Narmada Agrobase Ltd. IPO listing date is 19 Apr 2018, Thursday. Listed on: NSE SME. Issue price: ₹32. Estimated listing: ₹32. GMP: NIL.

When Narmada Agrobase Ltd. IPO close? ▼

The Narmada Agrobase Ltd. IPO closes on 11 Apr 2018, Wednesday. UPI mandate: 2018-04-11. Allotment: 17 Apr 2018. Listing: 19 Apr 2018.

Quick Actions

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Live Price LIVE

Last Price₹32.00

Change—

Issue Price₹32.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹32

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹128,000

GMPNIL

Est. Listing₹32

Subscribed1.00x

Open Date28 Mar 2018

Close Date11 Apr 2018

Allotment17 Apr 2018

Listing Date19 Apr 2018

ExchangeNSE SME

UPI Deadline2018-04-11