Mumbai-based Billwin Industries Ltd is engaged in the manufacturing of protective gear which are life jackets, inflatable boats, and rainwear. The raw material for manufacturing protective gear (called Coated Fabric) is purchased by the company from domestic and international markets.
| Bidding Dates |
|---|
| 18 Jun 2020 - 22 Jun 2020 |
| Subscription |
|---|
| 1.37x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,11,000 | 1 | 13000 | 3000 | 666.0 K | ₹37 | 68.74 % | ₹24.6 M | RHP DOC |
Billwin Industries IPO SUBSCRIPTION STATUS
22 Jun '20Billwin Industries IPO overall subscription rate was 1.37 times the total available shares
Billwin Industries IPO retail subscription rate was 0.58 times in the retail segment
Billwin Industries IPO non-institutional investor subscription rate was 2.15 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
19 Jun 2020 (Day 1) | 0.07x | 1.67x | - |
22 Jun 2020 (Day 2) | 0.58x | 2.15x | - |
Billwin Industries 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) |
| For the period ending March 5, 2020 |
0.3 | 3.8 | -40.5 | -41.0 |
| FY19 | 1.1 | 6.1 | 1.4 | 1.4 |
| FY18 | 1.1 | 18.5 | -0.2 | -0.2 |
| FY17 | 0.0 | 4.6 | -1.0 | -1.0 |
Billwin Industries IPO SUBSCRIPTION STATUS DETAILS
Billwin Industries had 666.0 K shares on offer
Billwin Industries IPO offer price was ₹37
Billwin Industries IPO minimum Investment was ₹111000
Billwin Industries IPO issue size was ₹ 24.6 M
Billwin Industries had a minimum lot size of 3000 Shares per application
Billwin Industries NUMBER OF SHARES ON OFFER
Billwin Industries IPO IMPORTANT DATES
| Issue Open Date | 18 Jun 2020 |
| Issue close Date | 22 Jun 2020 |
| Allotment Date | 25 Jun 2020 |
| Refund Date | 26 Jun 2020 |
| Demat Account Credit Date | 29 Jun 2020 |
| Listing Date | 30 Jun 2020 |
| Listing on Exchange(s) | BSE |
| Billwin Industries Allotment Status | Exchange |
Billwin Industries IPO subscription opened on 18 Jun 2020, and closed on 22 Jun 2020
IPO allotment for Billwin Industries was finalized on Thursday, 25 Jun 2020
IPO listing for Billwin Industries was on BSE on Tuesday, 30 Jun 2020
Billwin Industries IPO LISTING GAINS
| Issue Price (adjusted) | 37.0 |
| Listing Open Price | 36.9 |
| Listing Close Price | 37.1 |
| Listing Gain% | -0.3% |
| Current Gain% | -49.2% |
Billwin Industries 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Billwin Industries Ltd. | 18.8 | 4 | 16.8 | -0.3 | 0.5 | 3.2 | 2.5 | 8.1 | 14.6 | 0.5 | -31.2 | 1.1 | -64.9 |
| Godrej Industries Ltd. | 1311.5 | 44178 | 35.6 | 1.3 | 2 | 11.1 | 1 | 25980.6 | 18.5 | 1240.5 | 26.4 | 36.8 | 26.4 |
| DCM Shriram Ltd. | 1016.8 | 15856.2 | 11.1 | 0.1 | 1.1 | 11.1 | 6 | 13734.5 | 12.4 | 853.4 | 41.2 | 91.9 | 132.1 |
| Caliber Mining and Logistics Ltd. | 599.4 | 3919 | 24.4 | 7.6 | 1684.7 | 157.9 | |||||||
| Sindhu Trade Links Ltd. | 24.6 | 3787 | 65.9 | -1.2 | 7.2 | 3.3 | 2 | 579.6 | -74.7 | 57.4 | 123.9 | 0.4 | -52.8 |
| Balmer Lawrie & Company Ltd. | 175.2 | 2995.8 | 10.7 | 3.6 | 1.1 | 13.4 | 8.2 | 2763.3 | 7.7 | 276.6 | 4 | 16.3 | 3 |
Billwin Industries INFORMATION ON IPO ISSUE
About Billwin Industries
Mumbai-based Billwin Industries Ltd is engaged in the manufacturing of protective gear which are life jackets, inflatable boats, and rainwear. The raw material for manufacturing protective gear (called Coated Fabric) is purchased by the company from domestic and international markets.
Object of the Issue
- To meet working capital requirement from net proceeds.
Billwin Industries - PROMOTERS
| Name |
|---|
| Smita Subrata Dey |
| Subrata Dey |
Billwin Industries Lead Manager
Gretex Corporate Services Pvt Ltd
info@gretexgroup.com
Billwin Industries Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Billwin Industries Strengths
Quality Service
The company has a set of standards when it comes to timeliness and quality of service it provides to the customers
Experience of Promoters and the Team
The company has an experienced management team which is led by the Promoter and Managing Director. The experienced management team in the apparel industry has demonstrated their ability to grow operations and expand the distribution & marketing network
Billwin Industries Risks
Outstanding legal proceedings
There are outstanding legal proceedings involving the Company, Promoters, and Directors
Certain discrepancies/errors notice
There are certain discrepancies/errors noticed in some of the corporate records relating to forms filed with the Registrar of Companies and other provisions of the Companies Act, 1956/2013.
IPO FAQs
The promoters of the company are Smita Subrata Dey and Subrata Dey.
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 37.0 - 37.0.
The IPO application opens on Jun 18, 2020 and closes on Jun 22, 2020.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 2999.
For all category investors, the minimum application amount for this IPO is Rs. 111,000.0, the maximum value for this IPO is Rs 111,000.0.
This IPO will be allotted on Jun 25, 2020.
The refund will be credited to your account on Jun 26, 2020.
The allotted shares will be credited to your demat on Jun 29, 2020.
Billwin Industries Ltd.’s shares listed on the stock exchanges on Jun 30, 2020.