Billwin Industries Ltd IPO Subscription Period From June 18 to June 22, 2020:
To begin with, Billwin Industries Ltd was a Mumbai based company. The company involved in the manufacturing of protective and waterproof wears. Those are life jackets, inflatable boats, and rainwear. Presently, the company plans to launch its initial public offering. Already, it received SEBI approval. The IPO subscription period started on 18th June and it will end on 22nd June 2020.
Billwin Industries Ltd IPO Details:
|Bid Period||June 18 to June 22, 2020|
|IPO Type||Fixed Price Issue IPO|
|IPO Size||666,000 Equity Share of Rs. 10 (aggregating up to Rs. 2.46 cr)|
|Face Value||Rs. 10 Per Unit|
|IPO Price||Rs. 37 Per Unit|
|Market Lot||3000 Shares|
|Minimum Order Quantity||3000 Shares|
|Listing At||BSE SME|
|Market Capitalization||7.88 cr|
The company introduced a ‘Fixed Price Issue‘ type initial public offering with the face value of Rs. 10 per equity share. Initially, Billwin Industries provided an issue size of 666,000 equity shares with an aggregating of Rs. 2.46 crore. Similarly, the price of the issue is Rs. 37 per equity share.
The market lot and minimum order quantity of the issue is 3000 shares per each. If any investor should invest in this company with a minimum investment amount of Rs. 111,000 (1 lot=3000 shares).
The promoters of the company are Mrs. Smita Subrata Dey and Mr. Subrata Dey.
|Pre Issue Share Holding||100.00%|
|Post Issue Share Holding||64.74%|
The object of the company, It plans to utilize the IPO raised amount for the working capital requirements. The company shares will be list on BSE SME.
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri(E), Mumbai-400 059
Phone: +91-22-6263 8200
Email: [email protected]
Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.