Pradip Overseas Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

11 Mar 2010

Close Date

15 Mar 2010

Allotment

21 Mar 2010

Listing Date

05 Apr 2010

Exchange

NSE & BSE

Price Band

₹110

Listing Price

See chart

Allotment Status

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Price Band

₹110

Per share

Face Value

₹10 per share

Lot Size

60 Shares

per lot

Issue Size

1,06,00,049 shares (aggregating up to ₹116.60 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹6,600

1 lot

Pre-IPO Holding

2,97,66,770 shares

Promoters

Post-IPO Holding

4,03,66,770 shares

Promoters

UPI Deadline

2010-03-15

Mandate

Anchor AllotmentWed, 10 Mar 2010

Basis of AllotmentSun, 21 Mar 2010

Refund InitiationMon, 22 Mar 2010

Demat CreditMon, 22 Mar 2010

Listing DayMon, 05 Apr 2010

UPI Mandate Deadline2010-03-15

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Pradip Overseas Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Mar 2010.

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)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	10,600,000	100%	₹116.60

IPO Shares Offered

Pradip Overseas Ltd. IPO total issue size: ₹116.60 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	10,600,000	₹116.60	100.00%

* Based on upper price band ₹110 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹110.00

Upper Band

Min Investment

₹6,600

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	120	₹13,200
Retail (Max — 30 Lots)	30	1,800	₹198,000
S-HNI (Min — 31 Lots)	31	1,860	₹204,600
B-HNI (Min — 152 Lots)	152	9,120	₹1,003,200

* Issue Price ₹110 × Lot Size 60 shares

IPO Schedule

Anchor

10 Mar 2010

✓ Done

IPO Open

11 Mar 2010

✓ Done

IPO Close

15 Mar 2010

✓ Done

Allotment

21 Mar 2010

✓ Done

Refunds

22 Mar 2010

✓ Done

Demat Credit

22 Mar 2010

✓ Done

Listing Day

05 Apr 2010

✓ Done

₹110.00

INR · BSE

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Issue ₹110.00 Live Price

About Pradip Overseas Ltd.

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.

Objects of the Issue

1 To part finance the setting up the Proposed Manufacturing Facility within the Proposed Textile SEZ

2 To part finance the incremental margin money requirement for working capital

3 To meet Issue expenses

Pradip Overseas Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹69,313.0

31-Mar-08

₹121,009.6

31-Mar-09

₹126,984.5

31-Dec-09

Profit After Tax (PAT)

₹3,824.9

31-Mar-08

₹4,146.1

31-Mar-09

₹5,109.6

31-Dec-09

Particulars	31-Dec-09	31-Mar-09	31-Mar-08
Revenue from Operations	126984.45	121009.64	69312.97
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	5109.56	4146.05	3824.89
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoCE

RoNW

32.75

Issue Structure & Shareholding

Total Shares Offered1,06,00,000 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding2,97,66,770 shares

Post-Issue Promoter Holding4,03,66,770 shares

P/BV RatioN/A

RoEN/A

RoCE29

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

pradip.ipo@intimespectrum.com

https://linkintime.co.in/Initial_Offer/public-issues.html

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Book Running Lead Managers

Anand Rathi Advisors Ltd.

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

IPO Subscription FAQs

How much Pradip Overseas Ltd. IPO subscribed? ▲

Pradip Overseas Ltd. IPO is subscribed 1.00 times by Mar 15, 2010. 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 Pradip Overseas Ltd. IPO retail subscription status? ▼

The Pradip Overseas Ltd. IPO retail category is subscribed 1.00 times as of 15 Mar 2010. The retail portion is oversubscribed.

How to subscribe Pradip Overseas Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 11 Mar 2010 and closes 15 Mar 2010. Min investment: ₹6,600 (1 lot = 60 shares). UPI mandate: 2010-03-15.

How many times Pradip Overseas Ltd. IPO subscribed? ▼

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

How to check Pradip Overseas Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Mar 2010. Refunds: on 22 Mar 2010.

When Pradip Overseas Ltd. IPO will be listed? ▼

The Pradip Overseas Ltd. IPO listing date is 05 Apr 2010, Monday. Listed on: NSE & BSE. Issue price: ₹110. Estimated listing: ₹110. GMP: NIL.

When Pradip Overseas Ltd. IPO close? ▼

The Pradip Overseas Ltd. IPO closes on 15 Mar 2010, Monday. UPI mandate: 2010-03-15. Allotment: 21 Mar 2010. Listing: 05 Apr 2010.

Quick Actions

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Live Price LIVE

Last Price₹110.00

Change—

Issue Price₹110.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹110

Face Value₹10

Lot Size60 Sh

Min. Amount₹6,600

GMPNIL

Est. Listing₹110

Subscribed1.00x

Open Date11 Mar 2010

Close Date15 Mar 2010

Allotment21 Mar 2010

Listing Date05 Apr 2010

ExchangeNSE & BSE

UPI Deadline2010-03-15