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Open
8 Feb 2018
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Close
12 Feb 2018
3
Allotment
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Listing
Tue, Feb 20, 2018
Price Band
₹150 per share
Issue Size
16,50,000 shares (agg. up to ₹25 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Feb 20, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.11x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 29.29 | 25.01 | 17.85 | 18.33 |
| Total Income | 85.24 | 133.49 | 96.08 | 110.57 |
| Profit After Tax | 1.31 | 0.48 | 0.31 | 0.34 |
| NET Worth | 4.86 | 3.55 | 3.07 | 2.76 |
| Reserves and Surplus | 1.22 | 3.00 | 2.52 | 2.21 |
| Total Borrowing | 4.71 | 4.09 | 1.71 | 3.18 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Brand Concepts Ltd. | SME | ₹12.62 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹196.91 (-1.33%) |
| 7NR Retail Ltd. | SME | ₹5.12 Cr | ₹27 | null | ₹27.00 | +0.00% | ₹5.73 (+1.06%) |
| Shankara Building Products Ltd. | Mainboard | ₹345.00 Cr | ₹460 | null | ₹632.45 | +37.49% | ₹139.65 (+0.47%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Long term Working capital Requirements | 15.50 |
| 2 | General Corporate Purpose | 5.00 |
| 3 | Public Issue Expenses | 0.50 |
About Bhatia Communications IPO
Incorporated in 2008, Bhatia Communications & Retail (India) Limited is Surat Gujrat based company engaged into retail and wholesale distribution business of mobile handsets, tablets, data-cards, mobile accessories, mobile related products etc. Company sell smart mobile handsets of all the brands including Apple I-Phone, Samsung, OPPO, GIONEE, VIVO etc, mobile related products, tablets, data cards, accessories under one roof through its owned 72 retail outlets and 24 franchisee located all over the South Gujarat region including Surat, Vapi, Valsad, Navsari, Vyara etc.Company also provide credit/EMI facilities to its customers for buying its products for which it has tied up with major leading credit houses like Bajaj Finserv, Capital First etc. Company purchases the phones either from distributors or directly from the manufacturers. Bhatia Communications have 84 full time employees.+ Read More
Contact Details
Bhatia Communications & Retail (India) Ltd. Address132, Dr.Ambedkar Shopping CentreRing RoadSurat, Gujarat, 3950020261-2349892info@bhatiamobile.comVisit Website