IPO

Indegene Limited IPO is a MAIN BOARD IPO. They are going to raise ₹1,841.76 Crores via IPO. The issue is priced at ₹430 to ₹452 per equity share. The IPO is to be listed on NSE, BSE

Indegene Limited IPO opens for subscription on May 06, 2024. and closes on May 08, 2024. The allotment for the Indegene Limited IPO is expected to be finalized on May 09, 2024. Indegene Limited IPO will list on BSE, NSE with tentative listing date fixed as 13 May 2024.

IPO Details

Allotment

Minimum Investment ₹14,916 / 1– Lot (33 shares)		Price Range ₹430-₹452
Max Quantity 13-Lots/ (429 Shares)	Max Investment ₹193,908	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 1,841.76 Cr	Employee Discount ₹30

Total Issue Size 40,746,891 Shares (Aggregating up to ₹1,841.76 Cr)	Share Holding Pree Issue 22,435,091	Issue Type Book build Issue IPO
Fresh Issue Share 16,814,159 Shares (Aggregating up to ₹760.00 Cr)	Share Holding Post Issue 239,249,250	Listing At BSE, NSE
Offer For Sale 23,932,732 Shares of ₹2 (Aggregating up to ₹1,081.76 Cr)		Face value ₹2

IPO Dates

Offer Starts	06 May 2024
Offer Ends	08 May 2024
Allotment	09 May 2024
Refunds	10 May 2024
Credit of shares to Demat account	10 May 2024
IPO Listing	13 May 2024

About Indegene Limited

Founded in 1998, Indegene Limited provides digital services for the life sciences industry. They assist with drug development, clinical trials, regulatory submissions, pharmacovigilance, complaints management, and sales/marketing support.

The company’s services can be divided into following categories

Enterprise Commercial Solutions
Omnichannel Activation
Enterprise Medical Solutions
Enterprise Clinical Solutions and consultancy services
The subsidiary of the company, DT Associates Limited, provides consulting services under the “DT Consulting” brand. It helps life sciences companies manage their digital transformation efforts to ensure continued success in customer experience.

The company received the Platinum Level award at the 2023 Healthy Workplace Conference and Awards, a recognition given by Arogya World India Trust in partnership with the Public Health Foundation of India.

Founded in	Managing Director
1998

Indegene Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

Indegene Limited IPO Lot Size

Indegene Limited IPO minimum market lot is 33 shares with ₹14,916 application amount. The retail investors can apply up-to 13 lots with 429 shares or ₹193,908 amount.

Application	Lots	Shares	Amount
Retail (Min)	1	36	₹14,916
Retail (Max)	13	429	₹193,908
S-HNI (Min)	14	462	₹208,824
S-HNI (Max)	67	2,211	₹999,372
B-HNI (Min)	68	2,244	₹1,014,288

Share Holding

BCP Topco VII Pte. Ltd. is the promoter of the Company.

Share Holding Pre-Issue	30.71%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹2,364.10	₹1,690.50	₹996.92
Assets	₹2,203.87	₹1,353.47	₹596.04
Profit	₹266.10	₹162.82	₹149.41
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	10814.07Cr	ROE	%
P/E (X)	37.78	ROCE	%
POST P/E (X)	33.53	EPS	11.96
Debt to Equity	0.3	RONW	18.23%

Objects of the Issue

• Repayment/prepayment of indebtedness of one of our Material Subsidiaries, ILSL Holdings, Inc
• Funding the capital expenditure requirements of our Company and one of our Material Subsidiaries, Indegene Inc
• General corporate purposes and inorganic growth.

Brokerage Firm IPO Review

• To be updated soon

Indegene Limited Contact Details
Address	Indegene Limited Aspen Block G4, 3rd Floor, Manyata Embassy Business Park, Outer Ring Road, Nagawara, Bengaluru 560 045, Karnataka
Phone:	+91 80 4674 4567
E-mail	compliance.officer@indegene.com
Website	www.indegene.com

Indegene Limited IPO Lead Managers

Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited J.P. Morgan India Private Limited Nomura Financial Advisory and Securities (India) Private Limited

Indegene Limited IPO Registrar
.	Link Intime India Private Ltd
Phone	+91 810 811 4949
E-mail	jnkindia.ipo@linkintime.co.in
Website	https://linkintime.co.in/

Indegene Limited IPO Allotment Status Check

IPO Allotment Status Check Click Here

Indegene Limited IPO FAQs

What is Indegene Limited IPO?

• Indegene Limited IPO is a MAIN BOARD IPO. They are going to raise ₹1,841.76 Crores via IPO. The issue is priced at ₹430 to ₹452 per equity share. The IPO is to be listed on NSE, BSE

When Indegene Limited IPO will open?

• The IPO is to open on May 06, 2024, for QIB, NII, and Retail Investors.

What is Indegene Limited IPO Investors Portion?

• The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is Indegene Limited IPO Size?

• Indegene Limited IPO size is ₹1,841.76 crores.

What is Indegene Limited IPO Price Band?

• Indegene Limited IPO Price Band is ₹430 To ₹452 per equity share.

What is Indegene Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (33 Shares) with ₹14,916 and Maximum Lot Size 13-Lots (429 Shares) with ₹193,908

What is Indegene Limited IPO Allotment Date?

• Indegene Limited IPO allotment date is May 09, 2024.

What is Indegene Limited IPO Listing Date?

• Indegene Limited IPO listing date is May 13, 2024. The IPO to list on NSE, BSE.

JNK India Limited IPO is a MAIN BOARD IPO. They are going to raise ₹649.47 Crores via IPO. The issue is priced at ₹395 to ₹415 per equity share. The IPO is to be listed on NSE, BSE

JNK India Limited IPO opens for subscription on April 23, 2024. and closes on April 25, 2024. The allotment for the JNK India Limited IPO is expected to be finalized on April 26, 2024. JNK India Limited IPO will list on BSE, NSE with tentative listing date fixed as 30 April 2024.

IPO Details

Allotment

Minimum Investment ₹14,940 / 1– Lot (36 shares)		Price Range ₹395-₹415
Max Quantity 13-Lots/ (468 Shares)	Max Investment ₹194,2200	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 649.47 Cr	Employee Discount ₹0

Total Issue Size 16,015,988 Shares (Aggregating up to ₹649.47 Cr)	Share Holding Pree Issue 48,392,000	Issue Type Book build Issue IPO
Fresh Issue Share 7,594,936 Shares (Aggregating up to ₹300.00 Cr)	Share Holding Post Issue 55,986,936	Listing At BSE, NSE
Offer For Sale 8,421,052 Shares of ₹2 (Aggregating up to ₹349.47 Cr)		Face value ₹2

IPO Dates

Offer Starts	23 April 2024
Offer Ends	25 April 2024
Allotment	26 April 2024
Refunds	29 April 2024
Credit of shares to Demat account	29 April 2024
IPO Listing	30 April 2024

About JNK India Limited 

JNK India Limited was incorporated in 2010 and is engaged in the design, manufacture, supply, installation, and commissioning of process-fired heaters, reformers and cracking furnaces.

The company has completed projects in Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu and West Bengal and has implemented projects globally, including in Nigeria and Mexico. As of March 31, 2023, the company has served over 17 clients in India and seven clients overseas. The domestic clients include Indian Oil Corporation Limited, Tata Projects Limited, Rashtriya Chemicals & Fertilizers Limited and Numaligarh Refinery Limited.

All products in JNK India Limited are manufactured as per the requirements of the customer and in accordance with the applicable standards. The manufacturing is done at the in-house manufacturing facilities and/or third-party vendors. One of the manufacturing facilities is located in the Multi-Product Special Economic Zone in Mundra, Gujarat, where production is exclusively for export. It is spread over an area of about 20,243 square metres with an installed capacity of 5,000 metric tonnes for manufacturing and modularization per annum.

Incorporated in	Managing Director
2010

JNK India Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

JNK India Limited IPO Lot Size

JNK India Limited IPO minimum market lot is 36 shares with ₹14,940 application amount. The retail investors can apply up-to 13 lots with 468 shares or ₹194,220 amount.

Application	Lots	Shares	Amount
Retail (Min)	1	36	₹14,940
Retail (Max)	13	468	₹194.220
S-HNI (Min)	14	504	₹209,160
S-HNI (Max)	66	2,376	₹986,040
B-HNI (Min)	67	2,412	₹1,000,980

Share Holding

Mascot Capital and Marketing Pvt. Ltd., JNK Heaters Co. Ltd, Arvind Kamath, Gaoutam Rampelli, and Dipak Kacharulal Bharuka are the company’s promoters.

Share Holding Pre-Issue	94.56%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹411.55	₹297.14	₹138.45
Assets	₹337.78	₹268.32	₹125.12
Profit	₹46.36	₹35.98	₹16.48
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	2308.27Cr	ROE	31.79%
P/E (X)	43.32	ROCE	34.73%
POST P/E (X)	37.46	EPS	9.58
Debt to Equity	0.34	RONW	7.08%

Objects of the Issue

• Working capital requirements.
• General corporate purposes.

Brokerage Firm IPO Review

• To be updated soon

JNK India Limited Contact Details
Address	JNK India Limited Unit No. 203, 204, 205 & 206, Opposite TMC Office Centrum IT Park, Satkar Hotel, Thane-West, Thane – 400604
Phone:	+91-22 6885 8000
E-mail	compliance@jnkindia.com
Website	http://www.jnkindia.com/

JNK India Limited IPO Lead Managers

ICICI Securities Limited Iifl Securities Ltd

JNK India Limited IPO Registrar
.	Link Intime India Private Ltd
Phone	+91 810 811 4949
E-mail	jnkindia.ipo@linkintime.co.in
Website	https://linkintime.co.in/

JNK India Limited IPO Allotment Status Check

IPO Allotment Status Check Click Here

JNK India Limited IPO FAQs

What is JNK India Limited IPO?

• JNK India Limited IPO is a MAIN BOARD IPO. They are going to raise ₹449.47 Crores via IPO. The issue is priced at ₹395 to ₹415 per equity share. The IPO is to be listed on NSE, BSE

When JNK India Limited IPO will open?

• The IPO is to open on April 23, 2024, for QIB, NII, and Retail Investors.

What is JNK India Limited IPO Investors Portion?

• The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is JNK India Limited IPO Size?

• JNK India Limited IPO size is ₹449.47 crores.

What is JNK India Limited IPO Price Band?

• JNK India Limited IPO Price Band is ₹395 To ₹415 per equity share.

What is JNK India Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (36 Shares) with ₹14,940 and Maximum Lot Size 13-Lots (468 Shares) with ₹194,220

What is JNK India Limited IPO Allotment Date?

• JNK India Limited IPO allotment date is April 26, 2024.

What is JNK India Limited IPO Listing Date?

• JNK India Limited IPO listing date is April 30, 2024. The IPO to list on NSE, BSE.

Vodafone Idea Limited IPO is a MAIN BOARD IPO. They are going to raise ₹1,8000.00 Crores via IPO. The issue is priced at ₹10 to ₹11 per equity share. The IPO is to be listed on NSE, BSE

Vodafone Idea Limited IPO opens for subscription on April 18, 2024. and closes on April 22, 2024. The allotment for the Vodafone Idea Limited IPO is expected to be finalized on April 23, 2024. Vodafone Idea Limited IPO will list on BSE, NSE with tentative listing date fixed as 25 April 2024.

IPO Details

Allotment

Minimum Investment ₹14,278 / 1– Lot (1298 shares)		Price Range ₹10-₹11
Max Quantity 14-Lots/ (18172 Shares)	Max Investment ₹199,892	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 1,8000.00 Cr	Employee Discount ₹0

Total Issue Size 16,363,636,363 Shares (Aggregating up to ₹1.8000.00 Cr)	Share Holding Pree Issue 50,119,820,375	Issue Type Book build Issue IPO
Fresh Issue Share 16,363,636,363 Shares (Aggregating up to ₹1,8000.00 Cr)	Share Holding Post Issue 66,483,456,738	Listing At BSE, NSE
Offer For Sale		Face value ₹10

IPO Dates

Offer Starts	18 April 2024
Offer Ends	22 April 2024
Allotment	23 April 2024
Refunds	24 April 2024
Credit of shares to Demat account	24 April 2024
IPO Listing	25 April 2024

About Vodafone Idea Limited 

Incorporated in	Managing Director
1995

Vodafone Idea Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

Vodafone Idea Limited IPO Lot Size

Vodafone Idea Limited IPO minimum market lot is 1298 shares with ₹14,278 application amount. The retail investors can apply up-to 14 lots with 18172 shares or ₹199,892 amount.

Application	Lots	Shares	Amount
Retail (Min)	1	1,298	₹14,278
Retail (Max)	14	18,172	₹199,892
S-HNI (Min)	15	19,470	₹214,170
S-HNI (Max)	70	90,860	₹999,460
B-HNI (Min)	71	92,158	₹1,013,738

Share Holding

The Promoter of the Company is Bharti Airtel Limited

Share Holding Pre-Issue
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹42,488.50	₹38,644.90	₹42,126.40
Assets	₹207,242.70	₹194,029.10	₹203,480.60
Profit	-₹29,301.10	-₹28,245.10	-₹44,233.10
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	73131.8Cr	ROE	%
P/E (X)	-1.88	ROCE	%
POST P/E (X)	-2.33	EPS	5.85
Debt to Equity		RONW

Objects of the Issue

• Purchase of equipment for the expansion of the network infrastructure by: (a) setting up new 4G sites; (b) expanding the capacity of existing 4G Sites and new 4G sites; and (c) setting up new 5G sites.
• Payment of certain deferred payments for spectrum to the DoT and the GST thereon.
• General corporate purposes.

Brokerage Firm IPO Review

• To be updated soon

Vodafone Idea Limited Contact Details
Address	Vodafone Idea Limited Suman Tower, Plot No. 18 Sector 11, Gandhinagar-382011
Phone:	+91 98246 34997
E-mail	shs@vodafoneidea.com
Website	http://www.myvi.in/

Vodafone Idea Limited IPO Lead Managers

Axis Capital Limited Jefferies India Private Limited SBI Capital Markets Limited

Vodafone Idea Limited IPO Registrar
.	Link Intime India Private Ltd
Phone	+91-22-4918 6270
E-mail	vil.fpo@linkintime.co.in
Website	https://linkintime.co.in/initial_offer/public-issues.html

Vodafone Idea Limited IPO Allotment Status Check

IPO Allotment Status Check Click Here

Vodafone Idea Limited IPO FAQs

What is Vodafone Idea Limited IPO?

• Vodafone Idea Limited IPO is a MAIN BOARD IPO. They are going to raise ₹1,8000.00 Crores via IPO. The issue is priced at ₹10 to ₹11 per equity share. The IPO is to be listed on NSE, BSE

When Vodafone Idea Limited IPO will open?

• The IPO is to open on April 18, 2024, for QIB, NII, and Retail Investors.

What is Vodafone Idea Limited IPO Investors Portion?

• The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is Vodafone Idea Limited IPO Size?

• Vodafone Idea Limited IPO size is ₹1,8000.00 crores.

What is Vodafone Idea Limited IPO Price Band?

• Vodafone Idea Limited IPO Price Band is ₹10 To ₹11 per equity share.

What is Vodafone Idea Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (1298 Shares) with ₹14,278 and Maximum Lot Size 14-Lots (18172 Shares) with ₹199,892

What is Vodafone Idea Limited IPO Allotment Date?

• Vodafone Idea Limited IPO allotment date is April 23, 2024.

What is Vodafone Idea Limited IPO Listing Date?

• Vodafone Idea Limited IPO listing date is April 25, 2024. The IPO to list on NSE, BSE.

SRM Contractors Limited IPO is a MAIN BOARD IPO. They are going to raise ₹130.20 Crores via IPO. The issue is priced at ₹200 to ₹210 per equity share. The IPO is to be listed on NSE, BSE

Krystal Integrated Services Limited IPO opens for subscription on March 26, 2024. and closes on March 28, 2024. The allotment for the SRM Contractors Limited IPO is expected to be finalized on April 01, 2024. SRM Contractors Limited IPO will list on BSE, NSE with tentative listing date fixed as 03 April 2024.

IPO Details

Allotment

Minimum Investment ₹14,700 / 1– Lot (70 shares)		Price Range ₹200-₹210
Max Quantity 13-Lots/ (910 Shares)	Max Investment ₹191,100	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 130.20 Cr	Employee Discount ₹0

Total Issue Size 6,200,000 Shares (Aggregating up to ₹130.20 Cr)	Share Holding Pree Issue 16,744,200	Issue Type Book build Issue IPO
Fresh Issue Share 6,200,000 Shares (Aggregating up to ₹130.20 Cr)	Share Holding Post Issue 22,944,200	Listing At BSE, NSE
Offer For Sale		Face value ₹10

IPO Dates

Offer Starts	26 March 2024
Offer Ends	28 March 2024
Allotment	01 April 2024
Refunds	02 April 2024
Credit of shares to Demat account	02 April 2024
IPO Listing	03 April 2024

About SRM Contractors Limited 

Established in 2008, SRM Contractors Limited is a construction and development company primarily engaged in the construction of roads (including bridges), tunnels, slope stabilization works, and other construction activities in the Union Territories of Jammu and Kashmir and Ladakh.

The company has these major business verticals:

Road projects: planning and construction of realignment, widening, upgradation, restoration, and/or strengthening and improvement of roads, bridges, and highways and their maintenance in the Union Territories of Jammu and Kashmir and Ladakh.

Tunner projects: design and construction of new tunnels, cut-and-cover tunnels for avalanche and landslide protection and caverns; also includes expansion, upgradation, restoration and/or strengthening and improvement, including creation of niches/alterations in niches and stabilization of existing tunnels in the Union Territories of Jammu and Kashmir and Ladakh.

Slop stabilization works: planning and construction of reinforced embankment structures as part of slope stabilization work.

They are an ISO 9001:2015 certified company and are also registered as a class A contractor with the Public Work (R&B) Department, Jammu & Kashmir. They are pre-qualified to bid independently on projects, tendered by departments of governmental authorities and other entities funded by the GoI, of contract value up to ₹30,000 lakhs and ₹50,000 lakhs for EPC contracts for the construction of roads (including bridges) and construction of tunnel respectively. As a result of the growth of their road and tunnel construction business as well as the recent 163 government initiatives and support to develop the infrastructure of union territories of Jammu & Kashmir and Ladakh, they have further forayed into executing other infrastructure projects such as standalone bridges, larger slope stabilization works, and other miscellaneous civil construction activities to capitalize on such rising opportunities.

As an EPC contractor, the scope of their services includes detailed engineering of the project, procurement of construction materials, plant and machinery, construction and execution of the project, and its operation and maintenance by the contractual provisions. Their manpower, resources, and fleet of machinery and equipment, together with their engineering capabilities, enable them to execute a large number of projects simultaneously. They believe that their resources, quality of work, and project execution skills have enabled them to enhance their relationships with existing clients and help them to further secure projects from new clients.

Incorporated in	Managing Director
2008	Mr. Sanjay Metha

SRM Contractors Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

SRM Contractors Limited IPO Lot Size

SRM Contractors Limited IPO minimum market lot is 70 shares with ₹14,700 application amount. The retail investors can apply up-to 13 lots with 710 shares or ₹191,100 amount.

Application	Lots	Shares	Amount
Retail (Min)	1	20	₹14,700
Retail (Max)	13	910	₹191,100
S-HNI (Min)	14	980	₹205,800
S-HNI (Max)	68	4,760	₹999,600
B-HNI (Min)	69	4,830	₹1,014,,300

Share Holding

Sanjay Mehta, Ashley Mehta, and Puneet Pal Singh are the company’s promoters.

Share Holding Pre-Issue	99.92%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹300.65	₹265.51	₹161.95
Assets	₹136.37	₹120.22	₹112.47
Profit	₹18.75	₹17.57	₹8.27
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	481.83Cr	ROE	29.43%
P/E (X)	18.76	ROCE	%
POST P/E (X)	17.15	EPS	11.2
Debt to Equity	0.5	RONW	25.02%

Objects of the Issue

• Funding capital expenditure requirements for the purchase of equipment/machinery.
• Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company.
• Funding the working capital requirements of the company.
• Investment in Project Specific Joint Venture Projects.
• General Corporate Purpose.

Brokerage Firm IPO Review

• To be updated soon

SRM Contractors Limited Contact Details
Address	SRM Contractors Limited Sector 3, Near BJP Head Office, Trikuta Nagar, Jammu -180012
Phone:	+91 84918 77114
E-mail	cs@srmcpl.com
Website	https://srmcpl.com/

SRM Contractors Limited IPO Lead Managers
Address	Interactive Financial Services Ltd A – 1006, Premium House, B/h Handloom House, Ashram Road, Ahmedabad – 380009
Phone:	+91-79-2658 1240
E-mail	info@iFinServices.com
Website	http://ifinservices.com/

SRM Contractors Limited IPO Registrar
.	Bigshare Services Pvt Ltd
Phone	+91-22-6263 8200
E-mail	ipo@bigshareonline.com
Website	https://ipo.bigshareonline.com/ipo_status.html

SRM Contractors Limited IPO Allotment Status Check

IPO Allotment Status Check Click Here

SRM Contractors Limited IPO FAQs

What is SRM Contractors Limited IPO?

• SRM Contractors Limited IPO is a MAIN BOARD IPO. They are going to raise ₹130.20 Crores via IPO. The issue is priced at ₹200 to ₹210 per equity share. The IPO is to be listed on NSE, BSE

When SRM Contractors Limited IPO will open?

• The IPO is to open on March 26, 2024, for QIB, NII, and Retail Investors.

What is SRM Contractors Limited IPO Investors Portion?

• The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is SRM Contractors Limited IPO Size?

• SRM Contractors Limited IPO size is ₹130.20 crores.

What is SRM Contractors Limited IPO Price Band?

• SRM Contractors Limited IPO Price Band is ₹200 To ₹210 per equity share.

What is SRM Contractors Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (70 Shares) with ₹14,700 and Maximum Lot Size 13-Lots (910 Shares) with ₹191,100

What is SRM Contractors Limited IPO Allotment Date?

• SRM Contractors Limited IPO allotment date is April 01, 2024.

What is SRM Contractors Limited IPO Listing Date?

• SRM Contractors Limited IPO listing date is April 03, 2024. The IPO to list on NSE, BSE.

Krystal Integrated Services Limited IPO is a MAIN BOARD IPO. They are going to raise ₹300.13 Crores via IPO. The issue is priced at ₹680 to ₹715 per equity share. The IPO is to be listed on NSE, BSE

Krystal Integrated Services Limited IPO opens for subscription on March 14, 2024. and closes on March 18, 2024. The allotment for the Krystal Integrated Services Limited IPO is expected to be finalized on March 19, 2024. Krystal Integrated Services Limited IPO will list on BSE, NSE with tentative listing date fixed as 21 March 2024.

IPO Details

Allotment

Minimum Investment ₹14300 / 1– Lot (20 shares)		Price Range ₹680-₹715
Max Quantity 13-Lots/ (260 Shares)	Max Investment ₹185,900	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 300.13 Cr	Employee Discount ₹38

Total Issue Size 4,197,552 Shares (Aggregating up to ₹300.13 Cr)	Share Holding Pree Issue 11,524,400	Issue Type Book build Issue IPO
Fresh Issue Share 2,447,552 Shares (Aggregating up to ₹175.00 Cr)	Share Holding Post Issue 13,971,952	Listing At BSE, NSE
Offer For Sale 1,750,000 Shares (Aggregating up to ₹125.13 Cr)		Face value ₹10

IPO Dates

Offer Starts	14 March 2024
Offer Ends	18 March 2024
Allotment	19 March 2024
Refunds	20 March 2024
Credit of shares to Demat account	20 March 2024
IPO Listing	21 March 2024

About Krystal Integrated Services Limited

Incorporated in December 2000, Krystal Integrated Services Limited is a company that provides facilities management services. They offer a wide range of services such as housekeeping, sanitation, landscaping, gardening, mechanical, electrical and plumbing services, waste management, pest control, façade cleaning, and other services such as production support, warehouse management, and airport management.

The company offers staffing, payroll management, private security, manned guarding, and catering services.

Incorporated in	Managing Director
2000	Mr.

Krystal Integrated Services Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

Krystal Integrated Services Limited IPO Lot Size

Krystal Integrated Services Limited IPO minimum market lot is 20 shares with ₹14,300 application amount. The retail investors can apply up-to 13 lots with260 shares or ₹185,900 amount.

Application	Lots	Shares	Amount
Retail (Min)	1	20	₹14,300
Retail (Max)	13	260	₹185,900
S-HNI (Min)	14	280	₹200,200
S-HNI (Max)	69	1,380	₹986.700
B-HNI (Min)	70	1,400	₹1,001,000

Share Holding

Share Holding Pre-Issue	99.99%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹710.97	₹554.86	₹474.21
Assets	₹343.47	₹404.39	₹338.47
Profit	₹38.41	₹26.15	₹16.65
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	998.99Cr	ROE	11.71%
P/E (X)	21.45	ROCE	16.97%
POST P/E (X)	24.3	EPS	33.33
Debt to Equity	0.58	RONW	11.21%

Objects of the Issue

• Repayment/prepayment, in full or part, of certain borrowings availed of by our Company
• Funding working capital requirements of our Company
• Funding capital expenditure for purchase of new machinery
• General corporate purposes

Brokerage Firm IPO Review

• To be updated soon

Krystal Integrated Services Limited Contact Details
Address	Krystal Integrated Services Limited Kuttukaran Centre Mamangalam, Cochin Ernakulam 682 025
Phone:	+91 484 2341 134
E-mail	cs@popularv.com
Website	https://www.popularmaruti.com/

Krystal Integrated Services Limited IPO Lead Managers
Address	Krystal Integrated Services Limited Inga Ventures Pvt Ltd 1229, Hubtown Solaris, N.S. Phadke Marg, Opp. Telli Galli, Andheri (E) – 400 069, Mumbai,
Phone:	022 26826800
E-mail	info@ingaventures.com
Website	http://ingaventures.com/

Krystal Integrated Services Limited IPO Registrar
.	Link Intime India Private Ltd
Phone	+91-22-4918 6270
E-mail	krystalintegrated.ipo@linkintime.co.in
Website	https://linkintime.co.in/

Krystal Integrated Services Limited IPO Allotment Status Check

IPO Allotment Status Check Click Here

Krystal Integrated Services Limited IPO FAQs

What is Krystal Integrated Services Limited IPO?

• Krystal Integrated Services Limited IPO is a MAIN BOARD IPO. They are going to raise ₹300.13 Crores via IPO. The issue is priced at ₹680 to ₹715 per equity share. The IPO is to be listed on NSE, BSE

When Krystal Integrated Services Limited IPO will open?

• The IPO is to open on March 14, 2024, for QIB, NII, and Retail Investors.

What is Krystal Integrated Services Limited IPO Investors Portion?

• The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is Krystal Integrated Services Limited IPO Size?

• Krystal Integrated Services Limited IPO size is ₹300.13 crores.

What is Krystal Integrated Services Limited IPO Price Band?

• Krystal Integrated Services Limited IPO Price Band is ₹680 To ₹715 per equity share.

What is Krystal Integrated Services Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (20 Shares) with ₹14,300 and Maximum Lot Size 13-Lots (260 Shares) with ₹185,900

What is Krystal Integrated Services Limited IPO Allotment Date?

• Krystal Integrated Services Limited IPO allotment date is March 19, 2024.

What is Krystal Integrated Services Limited IPO Listing Date?

• Krystal Integrated Services Limited IPO listing date is March 21, 2024. The IPO to list on NSE, BSE.

Popular Vehicles & Services Limited IPO is a MAIN BOARD IPO. They are going to raise ₹601.55 Crores via IPO. The issue is priced at ₹280 to ₹295 per equity share. The IPO is to be listed on NSE, BSE

Popular Vehicles & Services Limited IPO opens for subscription on March 12, 2024. and closes on March 14, 2024. The allotment for the Popular Vehicles & Services Limited IPO is expected to be finalized on March 15, 2024. Popular Vehicles & Services Limited IPO will list on BSE, NSE with tentative listing date fixed as 19 March 2024.

IPO Details

Allotment

Minimum Investment ₹14750 / 1– Lot (50 shares)		Price Range ₹280-₹295
Max Quantity 13-Lots/ (650 Shares)	Max Investment ₹191,750	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 601.55 Cr	Employee Discount ₹28

Total Issue Size 20,391,651 Shares (Aggregating up to ₹601.55 Cr)	Share Holding Pree Issue 62,721,445	Issue Type Book build Issue IPO
Fresh Issue Share 8,474,576 Shares (Aggregating up to ₹250.00 Cr)	Share Holding Post Issue 71,196,021	Listing At BSE, NSE
Offer For Sale 11,917,075 Shares of ₹2 (Aggregating up to ₹351.55 Cr)		Face value ₹2

IPO Dates

Offer Starts	12 March 2024
Offer Ends	14 March 2024
Allotment	15 March 2024
Refunds	18 March 2024
Credit of shares to Demat account	18 March 2024
IPO Listing	19 March 2024

About Popular Vehicles & Services Limited

Incorporated in 1983, Popular Vehicles and Services Limited is engaged in the business of automobile dealerships in India.

Popular Vehicles provides complete services throughout the life cycle of vehicle ownership, including sales of new and preowned vehicles, servicing, spare parts distribution, driving schools, and third-party financial and insurance product sales.

The company’s business can be divided into three segments

passenger vehicles including luxury vehicles,
commercial vehicles and
electric two-wheeler and three-wheeler vehicles

They operate (a) passenger vehicle dealerships covering economy, premium and luxury vehicles across their dealerships for the following OEMs: (i) Maruti Suzuki India Limited (“Maruti Suzuki”) for both Arena and Nexa, through the Company, (ii) Honda Cars India Limited (“Honda”) through their Subsidiary, VMPL, and (iii) Jaguar Land Rover India Limited (“JLR”) through their Subsidiary, PAWL; (b) commercial vehicle dealerships of (i) Tata Motors Limited (“Tata Motors (Commercial)”), through their Subsidiary, PMMIL and (ii) Daimler India Commercial Vehicles Private Limited (“BharatBenz”), through their Subsidiary, PMPL; and (c) electric three-wheeler vehicle dealership of Piaggio Vehicles Private Limited, including commercial and cargo vehicles (“Piaggio”), through their Subsidiary, KGPL and electric two-wheeler vehicle dealership of Ather Energy Private Limited (“Ather”), through their Subsidiary, KCPL. Their presence across vehicle categories, including passenger vehicles, commercial vehicles, and electric two-wheeler and three-wheeler vehicles, further diversifies their revenue streams.

The company currently operates through a vast network consisting of 59 showrooms, 126 sales outlets, and booking offices, 31 pre-owned vehicle showrooms and outlets, 134 authorized service centers, 40 retail outlets, and 24 warehouses across 14 districts of Kerala, 8 districts in Karnataka, 12 districts in Tamil Nadu, and 7 districts in Maharashtra. In addition to its showrooms, the sales outlets and booking offices also facilitate its sales, whereas the retail outlets are responsible for selling and distributing spare parts and accessories.

Incorporated in	Managing Director
1983	Mr.

Popular Vehicles & Services Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

Popular Vehicles & Services Limited IPO Lot Size

Popular Vehicles & Services Limited IPO minimum market lot is shares with ₹ application amount. The retail investors can apply up-to lots with shares or ₹ amount.

Application	Lots	Shares	Amount
Retail (Min)	1	50	₹14,750
Retail (Max)	13	650	₹191,750
S-HNI (Min)	14	700	₹206,500
S-HNI (Max)	67	3,350	₹988,250
B-HNI (Min)	68	3,400	₹1,003,000

Share Holding

Share Holding Pre-Issue	65.79%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹4,892.63	₹3,484.20	₹2,919.25
Assets	₹1,503.78	₹1,263.19	₹1,118.94
Profit	₹64.07	₹33.67	₹32.46
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	2100.28Cr	ROE	10.42%
P/E (X)	28.88	ROCE	8.83%
POST P/E (X)	26.22	EPS	10.12
Debt to Equity	1.99	RONW	10.42%

Objects of the Issue

• Repayment and/or pre-payment, in full or part, of certain borrowings, availed by the company and certain of the subsidiaries, namely, VMPL, PAWL, PMMIL, KGPL, KCPL and PMPL.
• IGeneral corporate purposes.

Brokerage Firm IPO Review

• To be updated soon

Popular Vehicles & Services Limited Contact Details
Address	Popular Vehicles & Services Limited Kuttukaran Centre Mamangalam, Cochin Ernakulam 682 025
Phone:	+91 484 2341 134
E-mail	cs@popularv.com
Website	https://www.popularmaruti.com/

Popular Vehicles & Services Limited IPO Lead Managers

ICICI Securities Limited Nuvama Wealth Management Limited Centrum Capital Limited

Popular Vehicles & Services Limited IPO Registrar
.	Link Intime India Private Ltd
Phone	+91-22-4918 6270
E-mail	popularvehicles.ipo@linkintime.co.in
Website	https://linkintime.co.in/

Popular Vehicles & Services Limited IPO Allotment Status Check

IPO Allotment Status Check Click H

Popular Vehicles & Services Limited IPO FAQs

What is Popular Vehicles & Services Limited IPO?

• Popular Vehicles & Services Limited IPO is a MAIN BOARD IPO. They are going to raise ₹601.55 Crores via IPO. The issue is priced at ₹280 to ₹295 per equity share. The IPO is to be listed on NSE, BSE

When Popular Vehicles & Services Limited IPO will open?

• The IPO is to open on March 12, 2024, for QIB, NII, and Retail Investors.

What is Popular Vehicles & Services Limited IPO Investors Portion?

• The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is Popular Vehicles & Services Limited IPO Size?

• Popular Vehicles & Services Limited IPO size is ₹601.55 crores.

What is Popular Vehicles & Services Limited IPO Price Band?

• Popular Vehicles & Services Limited IPO Price Band is ₹280 To ₹295 per equity share.

What is Popular Vehicles & Services Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (50 Shares) with ₹14,750. and Maximum Lot Size -Lots (650 Shares) with ₹191,750

What is Popular Vehicles & Services Limited IPO Allotment Date?

• Popular Vehicles & Services Limited IPO allotment date is March 15, 2024.

What is Popular Vehicles & Services Limited IPO Listing Date?

• Popular Vehicles & Services Limited IPO listing date is March 19, 2024. The IPO to list on NSE, BSE.

Gopal Snacks Limited IPO is a MAIN BOARD IPO. They are going to raise ₹650 Crores via IPO. The issue is priced at ₹381 to ₹401 per equity share. The IPO is to be listed on NSE, BSE

Gopal Snacks Limited IPO opens for subscription on March 06, 2024. and closes on March 11, 2024. The allotment for the Gopal Snacks Limited IPO is expected to be finalized on March 12, 2024. Gopal Snacks Limited IPO will list on BSE, NSE with tentative listing date fixed as 14 March 2024.

IPO Details

Allotment

Minimum Investment ₹14,837 / 1– Lot (37 shares)		Price Range ₹381-₹401
Max Quantity 13-Lots/ (481 Shares)	Max Investment ₹192,881	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 650 Cr	Employee Discount ₹38

Total Issue Size 16,209,476 Shares (Aggregating up to ₹650.00 Cr)	Share Holding Pree Issue 124,604,370	Issue Type Book build Issue IPO
Fresh Issue Share 16,209,476 Shares (Aggregating up to ₹650.00 Cr)	Share Holding Post Issue 124,604,370	Listing At BSE, NSE
Offer For Sale		Face value ₹1

IPO Dates

Offer Starts	06 March 2024
Offer Ends	11 March 2024
Allotment	12 March 2024
Refunds	13 March 2024
Credit of shares to Demat account	13 March 2024
IPO Listing	14 March 2024

About Gopal Snacks Limited

Founded in 1999, Gopal Snacks Limited is an FMCG company that deals in ethnic and Western snacks, and other products in India and internationally.

The company offers a variety of snack products including ethnic snacks like namkeen and gathiya, as well as western snacks such as wafers, extruded snacks, and snack pellets. They also provide fast-moving consumer goods such as papad, spices, gram flour or besan, noodles, rusk, and soan papdi.

As of September 2023, the company has sold its products to over 523 locations across 10 states and two Union Territories.

The company has six manufacturing units out of which three are primary manufacturing units and three are ancilliary manufacturing units. The primary manufacturing units are in Nagpur, Maharashtra; Rajkot, Gujarat; and Modasa, Gujarat. The two ancillary units are situated in Rajkot, Gujrat and one unit is located in Madosa, Gujrat.

Founded in	Managing Director
1999	Mr.

Gopal Snacks Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

Gopal Snacks Limited IPO Lot Size

Gopal Snacks Limited IPO minimum market lot is 37shares with ₹14,837 application amount. The retail investors can apply up-to 13 lots with 481 shares or ₹192,881 amount.

Application	Lots	Shares	Amount
Retail (Min)	1	37	₹14,837
Retail (Max)	13	481	₹192,881
S-HNI (Min)	14	518	₹207,718
S-HNI (Max)	67	2,479	₹994,079
B-HNI (Min)	68	2,516	₹1,008,916

Share Holding

Share Holding Pre-Issue	93.50%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹1,398.58	₹1,356.48	₹1,129.84
Assets	₹461.28	₹399.72	₹341.89
Profit	₹112.37	₹41.54	₹21.12
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	4996.64 Cr	ROE	16.05%
P/E (X)	44.47	ROCE	20.83%
POST P/E (X)	44.96	EPS	4.46
Debt to Equity	0.08	RONW	16.05%

Objects of the Issue

• To be updated soon

Brokerage Firm IPO Review

• To be updated soon

Gopal Snacks Limited Contact Details
Address	Gopal Snacks Limited Plot Nos. G2322, G2323 and G2324 GIDC Metoda, Taluka Lodhika Rajkot – 360 021, Gujarat India
Phone:	+91 28 2728 7370
E-mail	cs@gopalsnacks.com
Website	www.gopalnamkeen.co

Gopal Snacks Limited IPO Lead Managers

Intensive Fiscal Services Private Limited Axis Capital Limited JM Financial Limited

Gopal Snacks Limited IPO Registrar
.	Link Intime India Private Ltd
Phone	+91-22-4918 6270
E-mail	gopalsnacks@linkintime.co.in
Website	https://linkintime.co.in/

Gopal Snacks Limited IPO Allotment Status Check

IPO Allotment Status Check Click Here

Gopal Snacks Limited IPO FAQs

What is Gopal Snacks Limited IPO?

• Gopal Snacks Limited IPO is a MAIN BOARD IPO. They are going to raise ₹650 Crores via IPO. The issue is priced at ₹381 to ₹401 per equity share. The IPO is to be listed on NSE, BSE

When Gopal Snacks Limited IPO will open?

• The IPO is to open on March 06, 2024, for QIB, NII, and Retail Investors.

What is Gopal Snacks Limited IPO Investors Portion?

• The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is Gopal Snacks Limited IPO Size?

• Gopal Snacks Limited IPO size is ₹650 crores.

What is Gopal Snacks Limited IPO Price Band?

• Gopal Snacks Limited IPO Price Band is ₹381 To ₹401 per equity share.

What is Gopal Snacks Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (37 Shares) with ₹14,837. and Maximum Lot Size 13-Lots (481 Shares) with ₹192,881

What is Gopal Snacks Limited IPO Allotment Date?

• Gopal Snacks Limited IPO allotment date is March 12, 2024.

What is Gopal Snacks Limited IPO Listing Date?

• Gopal Snacks Limited IPO listing date is March 14, 2024. The IPO to list on NSE, BSE.

JG Chemicals Limited IPO is a MAIN BOARD IPO. They are going to raise ₹251.19 Crores via IPO. The issue is priced at ₹210 to ₹221 per equity share. The IPO is to be listed on NSE, BSE

JG Chemicals Limited IPO opens for subscription on March 05, 2024, and closes on March 07, 2024. The allotment for the JG Chemicals Limited IPO is expected to be finalized on March 11, 2024. JG Chemicals Limited IPO will list on BSE, NSE with tentative listing date fixed as 13 March 2024.

IPO Details

Allotment

Minimum Investment ₹14,807 / 1– Lot (67 shares)		Price Range ₹210-₹221
Max Quantity 13-Lots/ (871 Shares)	Max Investment ₹192,491	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 251.19 Cr	Employee Discount ₹

Total Issue Size 11,366,063 Shares (Aggregating up to ₹251.19 Cr)	Share Holding Pree Issue 31,720,000	Issue Type Book build Issue IPO
Fresh Issue Share 7,466,063 Shares (Aggregating up to ₹165.00 Cr)	Share Holding Post Issue 39,186,063	Listing At BSE, NSE
Offer For Sale 3,900,000 Shares of ₹10 (Aggregating up to ₹86.19 Cr)		Face value ₹10

IPO Dates

Offer Starts	05 March 2024
Offer Ends	07 March 2024
Allotment	11 March 2024
Refunds	12 March 2024
Credit of shares to Demat account	12 March 2024
IPO Listing	13 March 2024

About JG Chemicals Limited

JG Chemicals Limited was founded in 1975 and is a zinc oxide manufacturer using the French process. The company produces more than 80 grades of zinc oxide.

This product is used in various industrial applications such as ceramics, paints and coatings, pharmaceuticals and cosmetics, electronics and batteries, agrochemicals and fertilizers, specialty chemicals, lubricants, oil and gas, and animal feed.

The company operates three manufacturing facilities in Jangalpur and Belur, both in Kolkata, West Bengal and Naidupeta in Nellore District, Andhra Pradesh. Naidupeta is the largest facility, owned and operated by the Material subsidiary. All manufacturing facilities are ISO 45001:2018 and ISO 14001:2015 certified and ISO 9001:2015 accredited.

The market share of their Company is around 30% as of March 2022. They sell over 80 grades of zinc oxide and are among the top ten manufacturers of zinc oxides globally.

Over the last three years, they marketed and sold their product to over 200 domestic customers and over 50 global customers in more than 10 countries.

founded in	Managing Director
1975	Mr.

JG Chemicals Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

JG Chemicals Limited IPO Lot Size

JG Chemicals Limited IPO minimum market lot is 67 shares with ₹14,807 application amount. The retail investors can apply up-to 13 lots with 871 shares or ₹192,491 amount.

Application	Lots	Shares	Amount
Retail (Min)	1	67	₹14,807
Retail (Max)	13	871	₹192,491
S-HNI (Min)	14	938	₹207,298
S-HNI (Max)	67	4,489	₹992,069
B-HNI (Min)	68	4,556	₹1,006,876

Share Holding

Share Holding Pre-Issue	100%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹794.19	₹623.05	₹440.41
Assets	₹297.89	₹264.14	₹209.94
Profit	₹56.79	₹43.13	₹28.80
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	866.01 Cr	ROE	8.20%
P/E (X)	16.25	ROCE	11.86%
POST P/E (X)	20.08	EPS	13.6
Debt to Equity	0.11	RONW	8.16%

Objects of the Issue

• Investment in our Material Subsidiary, viz. BDJ Oxides (i) repayment or pre-payment, in full or in part, of all or certain borrowings availed by our Material Subsidiary; (ii) funding capital expenditure requirements for setting up of a research and development centre situated in Naidupeta (“R&D Centre”); and (iii) funding its long-term working capital requirements.
• Funding long-term working capital requirements of our Company.
• General corporate purposes

Brokerage Firm IPO Review

• To be updated soon

JG Chemicals Limited Contact Details
Address	JG Chemicals Limited 34A, Metcalfe Street, Kolkata – 700 013, West Bengal
Phone:	+91 33 4014 0100
E-mail	corporate@jgchem.com
Website	www.jgchem.com

JG Chemicals Limited IPO Lead Managers

Centrum Capital Limited Emkay Global Financial Services Ltd Keynote Financial Services Ltd

JG Chemicals Limited IPO Registrar
.	Kfin Technologies Limited
Phone	04067162222, 04079611000
E-mail	jgchemicals.ipo@kfintech.com
Website	https://kosmic.kfintech.com/ipostatus/

JG Chemicals Limited IPO Allotment Status Check

IPO Allotment Status Check Click Here

JG Chemicals Limited IPO FAQs

What is JG Chemicals Limited IPO?

• JG Chemicals Limited IPO is a MAIN BOARD IPO. They are going to raise ₹251.19 Crores via IPO. The issue is priced at ₹210 to ₹221 per equity share. The IPO is to be listed on NSE, BSE

When JG Chemicals Limited IPO will open?

• The IPO is to open on March 05, 2024, for QIB, NII, and Retail Investors.

What is JG Chemicals Limited IPO Investors Portion?

• The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is JG Chemicals Limited IPO Size?

• JG Chemicals Limited IPO size is ₹251.19 crores.

What is JG Chemicals Limited IPO Price Band?

• JG Chemicals Limited IPO Price Band is ₹210 To ₹221 per equity share.

What is JG Chemicals Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (67 Shares) with ₹14,807. and Maximum Lot Size 13-Lots (871 Shares) with ₹192,491

What is JG Chemicals Limited IPO Allotment Date?

• JG Chemicals Limited IPO allotment date is March 11, 2024.

What is JG Chemicals Limited IPO Listing Date?

• JG Chemicals Limited IPO listing date is March 13, 2024. The IPO to list on NSE, BSE.

Bharat Highways InvIT Limited IPO is a MAIN BOARD IPO. They are going to raise ₹2500 Crores via IPO. The issue is priced at ₹98 to ₹100 per equity share. The IPO is to be listed on NSE, BSE

Bharat Highways InvIT Limited IPO opens for subscription on February 28, 2024, and closes on March 01, 2024. The allotment for the Bharat Highways InvIT Limited IPO is expected to be finalized on March 04, 2024. Bharat Highways InvIT Limited IPO will list on BSE, NSE with tentative listing date fixed as March 06, 2024.

Bharat Highways InvIT Limited Details

Allotment

Minimum Investment ₹15,000/1 – Lot (150 shares)		Price Range ₹98-₹100
Max Quantity 13-Lots/ (1950 Shares)	Max Investment ₹195,000	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 2500 Cr	Employee Discount ₹

Total Issue Size 250,000,000 Shares (Aggregating up to ₹2,500.00 Cr)	Share Holding Pree Issue	Issue Type Book build Issue IPO
Fresh Issue Share 250,000,000 Shares (Aggregating up to ₹2,500.00 Cr)	Share Holding Post Issue	Listing At BSE, NSE
Offer For Sale		Face value ₹

IPO Dates

Offer Starts	28 Feb 2024
Offer Ends	01 March 2024
Allotment	04 March 2024
Refunds	05 March 2024
Credit of shares to Demat account	05 March 2024
IPO Listing	06 March 2024

About Bharat Highways InvIT Limited

Bharat Highways Infrastructure Investment is an infrastructure investment trust established to acquire, manage, and invest in a portfolio of infrastructure assets in India. The Trust is authorized to carry on the activities of an infrastructure investment trust under the SEBI InvIT Regulations.

The Company’s portfolio consists of seven roads, all of which are operated on a HAM basis in Punjab, Gujarat, Andhra Pradesh, Maharashtra, and Uttar Pradesh. These roads are operated and maintained based on concession rights granted by the NHAI and are owned and operated by the Project SPVs, which are currently wholly owned by GRIL.

InvIT has also entered into a ROFO agreement with GRIL under which GRIL has granted InvIT a right of first refusal over certain other assets owned and being developed by GRIL.

The Sponsor is engaged in testing services in the field of transportation engineering and has expertise in NSV survey, FWD survey, pavement design of roads and airports, physical and chemical testing of soil, lime, cement, road roughness testing, concrete and bituminous mix design of road projects. The Sponsor has set up a laboratory at its registered address which is accredited by the National Accreditation Board for Testing and Calibration Laboratories for the discipline of chemical, mechanical, and non-destructive testing. NMHPL, the Associate of the Sponsor is a road engineering, procurement, and construction company, with experience in the design and construction of various road/highway projects. NMHPL has over six years of experience in the execution of infrastructure projects since 2017.

Incorporated in	Managing Director
	Mr.

Bharat Highways InvIT Limited IPO Prospectus

.
DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

Bharat Highways InvIT Limited IPO Lot Size

Bharat Highways InvIT Limited IPO minimum market lot is 150 shares with ₹15,000 application amount. The retail investors can apply up-to 13-lots with 1950 shares or ₹195,000 amount.

Application	Lots	Shares	Amount
Retail (Min)	1	150	₹15,000
Retail (Max)	13	1950	₹195,000
S-HNI (Min)	14	2,100	₹210,000
S-HNI (Max)	66	9,900	₹990,000
B-HNI (Min)	67	10,050	₹1,005,200

Share Holding

Share Holding Pre-Issue	%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹1,537.47	₹1,600.18	₹2,170.39
Assets	₹6,056.28	₹5,536.40	₹4,943.97
Profit	₹527.05	₹62.87	₹149.45
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	Cr	ROE	%
P/E (X)		ROCE	%
POST P/E (X)		EPS
Debt to Equity		RONW	%

Objects of the Issue

• Providing loans to the Project SPVs for repayment/ pre-payment, in part or in full, of their respective outstanding loans (including any accrued interest and prepayment penalty).
• General purposes.

Brokerage Firm IPO Review

• To be updated soon

Bharat Highways InvIT Limited Contact Details
Address	Bharat Highways InvIT Limited Novus Tower, Second Floor, Plot No. 18, Sector 18, Gurugram, Haryana 122 015, India
Phone:	+91 85888 55586
E-mail	cs@bharatinvit.com
Website	www.bharatinvit.com

Bharat Highways InvIT Limited IPO Lead Managers

ICICI Securities Limited Axis Bank Limited Hdfc Bank Limited Iifl Securities Ltd

Bharat Highways InvIT Limited IPO Registrar
.	Kfin Technologies Limited
Phone	04067162222, 04079611000
E-mail	bharathighways.invit@kfintech.com
Website	https://kosmic.kfintech.com/ipostatus/

Bharat Highways InvIT Limited IPO Allotment Status Check

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Bharat Highways InvIT Limited IPO FAQs

What is Bharat Highways InvIT Limited IPO?

• Bharat Highways InvIT Limited IPO is a MAIN BOARD IPO. They are going to raise ₹2,500 Crores via IPO. The issue is priced at ₹98 to ₹100 per equity share. The IPO is to be listed on NSE, BSE

When Bharat Highways InvIT Limited IPO will open?

• The IPO is to open on February 28, 2024, for QIB, NII, and Investors.

What is Bharat Highways InvIT Limited IPO Investors Portion?

• The investors’ portion for QIB is 75%, NII is 25%,

What is Bharat Highways InvIT Limited IPO Size?

• Bharat Highways InvIT Limited IPO size is ₹2,500 crores.

What is Bharat Highways InvIT Limited IPO Price Band?

• Bharat Highways InvIT Limited IPO Price Band is ₹98 To ₹100 per equity share.

What is Bharat Highways InvIT Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1–Lot (150 Shares) with ₹15,000. and Maximum Lot Size 13-Lots (1950 Shares) with ₹195,000

What is Bharat Highways InvIT Limited IPO Allotment Date?

• Bharat Highways InvIT Limited IPO allotment date is March 04, 2024.

What is Bharat Highways InvIT Limited IPO Listing Date?

• Bharat Highways InvIT Limited IPO listing date is March 06, 2024. The IPO to list on NSE, BSE.