Naturo Indiabull was incorporated on February 03, 2022. The company is in the business of garments, textiles, jewellery, FMCG, real estate, stone mines, herbal products, automobiles, printing, share trading, providing education, agriculture seeds and fertilizers, hospitality, and food items directly and/or through the network of members.
| Bidding Dates |
|---|
| 22 Aug 2022 - 24 Aug 2022 |
| Subscription |
|---|
| 20.26x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,20,000 | 1 | 1 | 4000 | 3.6 M | ₹30 | 64.31 % | ₹109.2 M | DRHP DOC |
Naturo bull IPO SUBSCRIPTION STATUS
24 Aug '22Naturo bull IPO overall subscription rate was 20.26 times the total available shares
Naturo bull IPO retail subscription rate was 32.08 times in the retail segment
Naturo bull IPO non-institutional investor subscription rate was 8.44 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
24 Aug 2022 (Day 3) | 32.08x | 8.44x | - |
23 Aug 2022 (Day 2) | 7.29x | 1.26x | - |
22 Aug 2022 (Day 1) | 1.64x | 1.15x | - |
Naturo bull FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY22 | 14.6 | 112.8 | -48.0 | -50.7 |
| FY21 | 10.6 | 70.1 | -53.4 | -54.3 |
| FY20 | 10.0 | 76.2 | 1.3 | 0.8 |
Naturo bull IPO SUBSCRIPTION STATUS DETAILS
Naturo bull had 3.6 M shares on offer
Naturo bull IPO offer price was ₹30
Naturo bull IPO minimum Investment was ₹120000
Naturo bull IPO issue size was ₹ 109.2 M
Naturo bull had a minimum lot size of 4000 Shares per application
Naturo bull NUMBER OF SHARES ON OFFER
Naturo bull IPO IMPORTANT DATES
| Issue Open Date | 22 Aug 2022 |
| Issue close Date | 24 Aug 2022 |
| Allotment Date | 29 Aug 2022 |
| Refund Date | 30 Aug 2022 |
| Demat Account Credit Date | 01 Sep 2022 |
| Listing Date | 02 Sep 2022 |
| Listing on Exchange(s) | BSE |
| Naturo bull Allotment Status | Exchange |
Naturo bull IPO subscription opened on 22 Aug 2022, and closed on 24 Aug 2022
IPO allotment for Naturo bull was finalized on Monday, 29 Aug 2022
IPO listing for Naturo bull was on BSE on Friday, 02 Sep 2022
Naturo bull IPO LISTING GAINS
| Issue Price (adjusted) | 30.0 |
| Listing Open Price | 25.0 |
| Listing Close Price | 26.3 |
| Listing Gain% | -16.7% |
| Current Gain% | -91.3% |
Naturo bull Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Naturo Indiabull Ltd. | 2.6 | 2.7 | -6 | 0.1 | -2.3 | -1 | 0 | -100 | -0.8 | 36.7 | -0.4 | -65.8 | |
| Hindustan Unilever Ltd. | 2087.2 | 490406.7 | 32.8 | 0.9 | 7.4 | 30.8 | 18.8 | 65219 | 1.7 | 15040 | 41.2 | 63.7 | 38.6 |
| Marico Ltd. | 863.5 | 112115.7 | 59.4 | 4.5 | 7.8 | 41.8 | 17.5 | 13815 | 25.1 | 1762 | 8.2 | 14.5 | 13.1 |
| Godrej Consumer Products Ltd. | 1033 | 105707.4 | 55.2 | 17.2 | 6.6 | 14.7 | 8.7 | 15444.1 | 5.2 | 1861.5 | 0.5 | 18.7 | 3.2 |
| Dabur India Ltd. | 414.2 | 73477.1 | 37.3 | 3.5 | 5.4 | 16.6 | 10.8 | 13792.3 | 5.2 | 1895 | 7.2 | 11.1 | 10.7 |
| Colgate-Palmolive (India) Ltd. | 2019.5 | 54927.5 | 40.8 | -12.4 | 8.9 | 83.7 | 38.9 | 6124.2 | -0.9 | 1325.3 | -7.8 | 49.6 | -3.3 |
Naturo bull INFORMATION ON IPO ISSUE
About Naturo bull
Naturo Indiabull was incorporated on February 03, 2022. The company is in the business of garments, textiles, jewellery, FMCG, real estate, stone mines, herbal products, automobiles, printing, share trading, providing education, agriculture seeds and fertilizers, hospitality, and food items directly and/or through the network of members.
Object of the Issue
- To meet the working capital requirements of the company
- General corporate purposes
- To meet the issue expenses
Naturo bull - PROMOTERS
| Name |
|---|
| Jyoti Choudhary |
| Gaurav Jain |
Naturo bull Lead Manager
Finshore Management Services Limited
ramakrishna@finshoregroup.com
Naturo bull Registrar to the Issue
Link Intime India Private Limited
nil.ipo@linkintime.co.in
Naturo bull Strengths
Organizational stability along with management expertise
The group has an established track record of over 5 years which indicates the company’s ability to weather economic and business cycles and competent promoters have over a decade of relevant experience
Smooth flow of operations
The company has maintained a good relationship with major customers and is successful in building a strong client base for business
Well-defined organizational structure
The company has qualified and experienced management that has decision-making powers. It is expected to benefit from the management’s ability to ensure a smooth flow of operations
Existing supplier relationship
Existing supplier relationship protects the business with terms of supply and pricing of the products, the quality of the products offered, etc
Naturo bull Risks
No long-term contracts with distributors
The company has not entered into any long-term contracts with distributors/customers and typically operates on the basis of orders received on hand
Not filed an income tax return
The company has not filed an income tax return for Financial Year 2019-20 with Income Tax Department as per the requirements under the Income Act, 1961.
Related party transactions
The company has entered into certain related party transactions and may continue to do so in the future
IPO FAQs
The promoters of the company are Jyoti Choudhary and Gaurav Jain.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 30.0 - 30.0.
The IPO application opens on Aug 22, 2022 and closes on Aug 24, 2022.
The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Aug 29, 2022.
The refund will be credited to your account on Aug 30, 2022.
The allotted shares will be credited to your demat on Sep 01, 2022.
Naturo Indiabull Ltd.’s shares listed on the stock exchanges on Sep 02, 2022.