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Open
16 Mar 2016
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Close
18 Mar 2016
3
Allotment
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Listing
Wed, Mar 30, 2016
Price Band
₹100 per share
Issue Size
15,84,000 shares (agg. up to ₹16 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Mar 30, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.10x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of unsecured loans | 7.50 |
| 2 | To meet the working capital requirements | 4.50 |
| 3 | General Corporate Purposes | 3.34 |
| 4 | Issue expenses | 0.50 |
About Khemani Distributors IPO
Khemani Distributors & Marketing Ltd (KDM) is engaged in the business of trading in FMCG products of Hindustan Unilever Limited ('HUL') as a 'Redistribution Stockist' in Surat, Gujarat. Its product portfolio includes (a) personal care products; (b) home care products; and (c) food and drinks products. KDM primarily caters to the retailers and wholesalers of Surat wherein it supply the above range of HUL FMCG products. Currently, it is catering to approximately 3,500 retailers and wholesalers located in Surat. KDM also keeps investing and dealing in securities, in such manner, as it deems fit for the attainment of its main objects. Initially, in the year 2011 the Company was involved in the business of distributorship of mobile handsets with one of the mobile manufacturers for the territories of Surat district, Tapi district, Navsari district, Silvassa, Daman, Umargaon, Pardi, Dharampur and Valsad town. However, it discontinued the said business in the year 2012.+ Read More
Contact Details
Khemani Distributors & Marketing Ltd. AddressSurvey No.187, Plot No.1 to 4Opposite Saiffee Complex, Near Baroda Rayon CorpUdhana, BhestanSurat, Gujarat, 394210+91-261-2905031investors@khemanigroup.netVisit Website