Bhatia Communications & Retail (India) Limited IPO

Bhatia Communications & Retail (India) Limited

Issue Open

Feb 08, 2018

Price Band

₹ 150

Issue Size

₹ 24.75 Cr

Credit of Shares to Demat

-

Issue Close

Feb 12, 2018

Bid Lot

1000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

1000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Feb 20, 2018

Refunds

-

About the company:

Bhatia Communications & Retail (India) Limited are engaged into retail and wholesale distribution business of mobile related products. 

Date of establishment: Bhatia Communications & Retail (India) was established in 2008.  

Product & Service Offering: Bhatia Communications & Retail (India) sells mobile handsets, data cards, tablets, mobile accessories etc. The company also provides credit facilities to its customers.

Promoters of Bhatia Communications & Retail (India) Ltd.: The promoters of the firm are Mr. Sanjeev Bhatia, Mr. Nikhil Bhatia and Mr. Harbanslal Bhatia.

Customer segment: The company offers its services to retail customers in mobile and its accessories segment.

Objects of the Issue:

The Offer consists of fresh issue and offer for sale.

Offer for sale – The company will not receive any proceeds from offer for sale.

 

 Fresh issue – The company proposes to utilize the net proceeds from the fresh issue towards:

-      Working capital requirements
-      General corporate purposes
-      Issue related expenses

 

Company Financials:

Particulars

For the year/period ended (in Rs. million)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

250.12

178.48

183.34

169.77

105.75

 

Total Revenue

1334.91

960.81

1105.74

1041.17

742.95

 

Profit After Tax

4.78

3.09

3.42

3.51

2.00

 

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