Billwin Industries Ltd SME IPO Detail

Amid Lockdown BILLWIN INDUSTRIES LIMITED has bring their IPO, the company is engaged in business of manufacturing of protective gears; these gears are basically rain wears, winters wears and life jackets which are used in seas and other water bodies for the safety from Coated Fabric.

Interesting Facts of Billwin Industries Limited

  • In the year 2006, the promoter of the company Ms. Smita Subrata Dey formed a proprietor firm under the name and style of Billwin Industries and a manufacturing unit was setup up in Nahur. Later in the year 2014 Ms. Smita Subrata Dey and Mr. Subrata Dey incorporated the company Billwin Waterproof Private Limited which is later on changed to Billwin Industries Limited.
  • They have their manufacturing unit at 79, Vishal Industrial Estate Village Road, Bhandup West Mumbai Maharashtra – India with total area of 5190 Sq. ft.
  • The manufacturing facility of company is well-equipped with automated and semi-automated equipment and facilities.
  • Companies distribution channel currently covers states of Maharashtra, Kerala, Gujrat, Chattisgarh, Tamilnadu, Assam, Haryana, Trivandrum Tripura etc.
  • They have an exclusive tie up with e-commerce platform such as Flipkart, Amazon, Buy Hatke, Shopcules Xerve, although majority sale happens through non- e commerce mode

Promoters: Mr. Subrata Dey and Ms. Smita Subrata Dey.

Objects of the Issue

  1. To met Working Capital Requirements
  2. To met Issue Expense
Financial Summary for the Period ending (Rs. In Lakh)
 05.03.202031.03.201931.03.2018
Revenue38.4260.72184.61
Expenses33.7144.48168.46
PAT3.4710.7811.47
    
Profit Growth-68%-6% 
Issue Open 18 Jun’20 – 22 Jun’20 
Issue Type Fixed Price Issue 
Issue No. of Share 666000 Equity Share of Rs. 10 
Issue Size Rs. 2.46 Cr 
Issue Value Rs. 37 per Share 
Market Lot 3000 Shares 
Minimum order Qty 3000 Shares 
Bidding Lot Amt (3000 X 37) = Rs. 111,000/- 
Listing Platform BSE SME 
Bids OpenJun 18, 2020
Bids ClosesJun 22, 2020
Finalisation of basis of allotmentJun 26, 2020
Initiation of RefundsJun 27, 2020
Listing DateJun 30, 2020
Shares Offered 315000 (NII) 315000 (RII) 630000 (Total)
Date NII RII Total
Jun 22, 2020 (3:45 PM) 2.15X 0.55X 2.70X

Billwin Industries IPO Registrar

Bigshare Services Pvt Ltd

1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai – 400 059

Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com
Website:http://www.bigshareonline.com

Billwin Industries IPO Lead Manager(s)

Gretex Corporate Services Pvt Ltd

Recommendation to Billwin Industries IPO : Avoid

Frequently Asked Questions

BILLWIN INDUSTRIES LIMITED is engaged in business of manufacturing of protective gears; these gears are basically rain wears, winters wears and life jackets.

This is a SME IPO with 666,000 shares  with face value of Rs. 10/- per share with issue size of Rs. 2.46 Cr.

It opens on 18 Jun 2020 – 22 Jun 2020.

Billwin Industries IPO Issue Dates are Jun 18 – Jun 22′ 2020 with Price Band of Rs. 37 Per share.

Shares of Billwin Industries will be alloted on June 26, 2020.

Billwin Industries IPO is not yet trading in Grey Market, same will be available as soon as same will be traded.

Billwin Industries Shares will get list on Jun 30, 2020 on BSE SME Platform.

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Lakshya Sethi
Lakshya Sethi
5 months ago

Should we apply or not?

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