Benara Bearings & Pistons Ltd IPO is a Book Building IPO listing on BSE SME exchange, with an ipo size of ₹ 33.49 Cr. The company is based in Agra and caters to Engineering - Automotive sector. Pantomath Capital Advisors is the merchant banker of Benara Bearings & Pistons Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 2nd February 2018.
Benara Bearings & Pistons Ltd IPO open date is 20th March 2018 and close date is 22nd March 2018. IPO Allotment Date is [●] and Listing date is 3rd April 2018.Benara Bearings & Pistons Ltd IPO size is ₹ 33.49 Cr. with IPO price of ₹ 63.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the Benara Bearings & Pistons Ltd IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for Benara Bearings & Pistons Ltd IPO.
Benara Bearings & Pistons Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Benara Bearings & Pistons Ltd IPO, based in Agra, operates in the Engineering - Automotive sector with a focus on manufacturing of engine bearings. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Benara Bearings & Pistons Ltd IPO size is ₹ 33.49 Cr. with fresh issue size of ₹ 33.49 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Benara Bearings & Pistons Ltd IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Benara Bearings & Pistons Ltd IPO allotment status on the registrars website, Bigshare Services Private Limited . Benara Bearings & Pistons Ltd IPO refund dates are [●].
Benara Bearings & Pistons Ltd IPO is expected to be listed on 3rd April 2018.
The upper price band for the Benara Bearings & Pistons Ltd IPO is set at ₹ 63.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Benara Bearings & Pistons Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Benara Bearings & Pistons Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd March 2018. After submission, funds are blocked until the basis of allotment of Benara Bearings & Pistons Ltd IPO is finalised.
The merchant banker for Benara Bearings & Pistons Ltd IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Benara Bearings & Pistons Ltd IPO RHP for further details.
The registrar for Benara Bearings & Pistons Ltd IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Benara Bearings & Pistons Ltd IPO through their official website or helpline.
Benara Bearings & Pistons Ltd IPO was subscribed 1.91 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Benara Bearings & Pistons Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Benara Bearings & Pistons Ltd Financial Review Page
Merchant Banker(s) of Benara Bearings & Pistons Ltd IPO: Pantomath Capital Advisors Private Limited
Benara Bearings & Pistons Ltd IPO subscription was 1.91 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Benara Bearings & Pistons Ltd IPO listed at a listing price of 61.95 against the offer price of 63.00.
The current market price of Benara Bearings & Pistons Ltd is 18.20.
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