#Cipla:(NSE)BUY:569| T1:572| T2:| T3:575| SL: 766
#Infratel:(NSE)BUY:273 or above | T1:275.5| T2:277.5| T3:280| SL: 270.5
Evans Electric Limited SME IPO Details
Evans Electric Limited incorporated in 1951 based in Mumbai. The company is India's first electric motor, generator and transformer, rewind, re-design and repair company. They are one of the reputed names in Electrical Rewinds, Re-designs and Repairs. The services they provide are cover Low Voltage and High Voltage AC and DC Electric Motors, Generators and Transformers, Turbo Generator Stators, Turbo Rotors (including high speed balancing), Hydro Generator Stators, Hydro Rotors and Field poles, also included are Dynamic balancing, Vacuum Impregnation, High Voltage Coil Manufacturing, RLA studies, Vibration Reduction, Diagnostic Testing, Machining, Fabrication and allied services. Evans Electric ipo is a BSE SME IPO. Evans Electric ipo is starting from 30-April and ends on 03-May. The price band is around Rs.52 with 2000 market lot. The ipo size is around Rs.1.93 crore rupees.
Evans Electric IPO Review:
- Risky
Evans Electric IPO Dates & Price Band:
- IPO Open: 30-April-2019
- IPO Close: 03-May-2019
- IPO Size: Approx Rs.1.93 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.52 Per Equity Share
- Listing on: BSE SME
- Shares: 372,000
- Retail Portion: 50%
Evans Electric IPO Market Lot:
- Shares: Apply for 2,000 Shares (Minimum Lot Size)
- Amount: Rs.1,02,000
Evans Electric IPO Allotment & Listing:
- Basis of Allotment: 08-May-2019
- Refunds: 09-May-2019
- Credit to demat accounts: 10-May-2019
- Listing: 13-May-2019
Financial Results:
| in Rs. lakh | ||||||
| FY2016 | FY2017 | FY2018 | H1 FY2019 | |||
| Total revenue | 511.6 | 1,071.6 | 586.9 | 380.2 | ||
| Total expenses | 452.5 | 727.7 | 518.4 | 279.7 | ||
| Profit after tax | 41.5 | 236.7 | 46.3 | 70.0 | ||
Evans Electric IPO Allotment Status:
Company Promoters:
- Mr. Ivor Anthony Desouza
IPO Registrar:
Bigshare Services Private Limited
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
IPO Lead Managers:
- Hem Securities Limited
Company Address:
Evans Electric Limited
430, Orchard Mall, 3rd Floor,
Royal Palms Estate, Aarey Milk Colony,
GoregaonEast, Mumbai, 400065
Phone: +91-022-28729506
Email: cs@evanselectric.co.in
Website: http://www.evanselectric.co.in
Intraday tips for 24th April,2019
#M&mfin:(NSE)BUY:425 or above| T1:428| T2:431| T3:434| SL: 421
#Zeel:(NSE)BUY:410 or above | T1:413| T2:416| T3:419|
SL: 407
SL: 407
White Organic SME IPO Details
White Organic Retail is incorporated 2011 based in Mumbai. The company is a trader of agriculture products like vegetables, fruits, grains, pulses, cereals and more. The company has a future plan of expansion of distribution and retail network. They are planning to establish 40 retail outlet and launch of new products like aloe vera juice, incense sticks, soap, mukhwas, health powder, syrups, jaggery, beauty products, etc. The capsule products include jvara, haldi, amla and powders include ashwagandha, rasayan, gokharu and more. White Organic is a BSE SME IPO. White Organic ipo is starting from 26-April and ends on 02-May. The price band is around Rs.63 with 2000 market lot. The ipo size is around Rs.15.46 crore rupees.
IPO Review:
- Avoid
White Organic IPO Dates & Price Band:
- IPO Open: 26-April-2019
- IPO Close: 02-May-2019
- IPO Size: Approx Rs.15.46 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.63 Per Equity Share
- Listing on: BSE SME
- Shares: 2,454,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 2,000 Shares (Minimum Lot Size)
- Amount: Rs.1,26,000
IPO Allotment & Listing:
- Basis of Allotment: 07-May-2019
- Refunds: 08-May-2019
- Credit to demat accounts: 09-May-2019
- Listing: 10-May-2019
Financial Results:
| Rs. in Crore | |||||
| Revenue | Expenses | PAT | |||
| 2015 | - | - | - | ||
| 2016 | 1.07 | 0.72 | 0.24 | ||
| 2017 | 2.55 | 1.63 | 0.59 | ||
| 2018 | 84.00 | 79.62 | 3.02 | ||
| 2019 (9M) | 116.35 | 110.10 | 4.51 | ||
Company Promoters:
- Mr. Prashant Mahesh Rupani
- Darshak Mahesh Rupani
- White Organic Agro Ltd.
IPO Registrar:
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: worl.ipo@linktime.co.in
Website: http://www.linkintime.co.in
IPO Lead Managers:
- Finshore Management Services Limited
Company Address:
White Organic Retail Ltd
312A, Kailas Plaza, Vallabh Baug Lane,
Ghatkopar (East), Mumbai,
Mumbai City, India, 400077
Phone: 022 25011983
Email: info@whiteorganics.co.in
Website: http://www.whiteorganics.co.in/
Artemis Electricals SME IPO Details
Artemis Electricals Limited incorporated in 2009 based in Mumbai. The company is a manufacturer and trader of LED Lights and LED Lighting Accessories for indoor and outdoors. They have around 32 employees and 11 contractors. They have manufacturing facility in Vasai. They use third party manufacturing for led bulbs. The product range includes panel lights, street lights, solar street lights, surface down lights, pendant downlights, spot lights, focus lights, bulbs and more. Artemis Electricals ipo is a BSE SME IPO. Artemis Electricals ipo is starting from 24-April and ends on 30-April. The price band is around Rs.55-60 with 2000 market lot. The ipo size is around Rs.42 crore rupees.
Artemis Electricals IPO Review:
- Risky
Artemis Electricals IPO Dates & Price Band:
- IPO Open: 24-April-2019
- IPO Close: 30-April-2019
- IPO Size: Approx Rs.42 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.55-60 Per Equity Share
- Listing on: BSE SME
- Shares: 7,000,000
- Retail Portion: 50%
Artemis Electricals IPO Market Lot:
- Shares: Apply for 2000 Shares (Minimum Lot Size)
- Amount: Rs.1,20,000
Artemis Electricals IPO Allotment & Listing:
- Basis of Allotment: 06-May-2019
- Refunds: 08-May-2019
- Credit to demat accounts: 10-May-2019
- Listing: 13-May-2019
Financial Results:
| Rs. in Crore | |||||
| Revenue | Expenses | PAT | |||
| 2014 | - | - | - | ||
| 2016 | 45.34 | 43.26 | 1.55 | ||
| 2017 | 47.24 | 44.38 | 1.77 | ||
| 2018 | 89.51 | 75.37 | 9.53 | ||
| 2019 (7M) | 52.42 | 44.19 | 5.93 | ||
Artemis Electricals IPO Allotment Status:
Company Promoters:
- Mr. Pravin Kumar Agarwal
- M/S Yashvikram Infrastructure Pvt Ltd
IPO Registrar:
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: http://www.cameoindia.com
IPO Lead Managers:
- Fedex Securities Limited
Company Address:
Artemis Electricals Limited
Artemis Complex, Gala No.105 & 108,
National Express Highway, Vasai (East),
Thane- 401208, Maharashtra, India
Phone: +91-7875315577
Email: contact@artemiselectricals.com
Website: https://www.artemiselectricals.com
Neogen Chemicals IPO Details
Neogen Chemicals IPO to hit the market on 24-April & close on 26-April. The company is going to raise around 70 crore via fresh issue and offer for sale of 29,00,000 shares. The company is a manufacturer of speciality organic bromine-based chemical compounds. The also manufacture speciality inorganic lithium-based chemicals compounds. The company is in the market since 1991 and they have manufacturing facility at Navi Mumbai. The product range of speciality chemicals which includes Water treatment chemicals, electronic chemicals, pharmaceutical intermediates, polymers additives, engineering fluids, and construction chemicals are speciality chemicals. These chemicals are used in multiple industries based on the requirements. Other products are organic bromine compounds, inorganic lithium compounds and other organic and inorganic chemical products. The company produces a range of products for domestic and global markets.
Neogen Chemicals IPO Review:
- Adding Soon
Neogen Chemicals IPO Dates & Price Band: (Tentative)
- IPO Open: 24-April-2019
- IPO Close: 26-April-2019
- IPO Size: Approx Rs.132 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.212 to 215 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 29,00,000 Shares
Neogen Chemicals IPO Market Lot:
- Shares: Apply for 65 Shares (Minimum Lot Size)
- Amount: Rs.13975
Neogen Chemicals IPO Allotment & Listing:
- Basis of Allotment: 03-May-2019
- Refunds: 06-May-2019
- Credit to demat accounts: 07-May-2019
- Listing: 09-May-2019
Listed Industry Peer Group Companies:
- Aarti Industries
- Atul Industries
- Navin Flourine
- Paushak
- Vinati Organics
Neogen Chemicals Financial:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2015 | 92.5 | 84.4 | 5.0 | ||
| 2016 | 109.0 | 100.6 | 5.1 | ||
| 2017 | 121.8 | 110.3 | 7.2 | ||
| 2018 | 164.7 | 147.4 | 10.5 | ||
| 2019 | 159.7 | 142.8 | 12.3 | ||
Neogen Chemicals IPO Subscription Numbers (Fully Subscribed) :
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.95 | 30.49 |
| HNI | 0.10 | 1.12 | 113.88 |
| RII | 0.50 | 3.15 | 15.86 |
| EMP | N/A | N/A | N/A |
| Total | 0.27 | 2.09 | 41.07 |
Company Promoters:
- Haridas Thalarshi Kanani
- Harin Haridas Kanan
Neogen Chemicals IPO Registrar:
LINK INTIME INDIA PRIVATE LIMITED
Fax: +91 22 4918 6195
E-mail: neogenchem.ipo@linkintime.co.in
Investor Grievance E-mail: neogenchem.ipo@linkintime.co.in
Note: Check Neogen Chemicals ipo allotment status on Linkintime website allotment url. Click Here
Neogen Chemicals IPO Lead Managers:
- INGA ADVISORS PRIVATE LIMITED
- BATLIVALA & KARANI SECURITIES INDIA PRIVATE LIMITED
Company Address:
Neogen Chemicals Limited
1002, 10th Floor,
Dev Corpora Bldg,
Opp. Cadbury Junction,
Off Pokhran Road No. 2,
Khopat, Thane - 400601,
Maharashtra
Tel:+91 22 25497300
Fax:+91 22 2549 7399
Email:investor@neogenchem.com
Website: www.neogenchem.com
