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
- To met Working Capital Requirements
- To met Issue Expense
| Financial Summary for the Period ending (Rs. In Lakh) | |||
| 05.03.2020 | 31.03.2019 | 31.03.2018 | |
| Revenue | 38.42 | 60.72 | 184.61 |
| Expenses | 33.71 | 44.48 | 168.46 |
| PAT | 3.47 | 10.78 | 11.47 |
| Profit Growth | -68% | -6% | |
Download Billwin Industries Prospectus
| 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 Open | Jun 18, 2020 |
| Bids Closes | Jun 22, 2020 |
| Finalisation of basis of allotment | Jun 26, 2020 |
| Initiation of Refunds | Jun 27, 2020 |
| Listing Date | Jun 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.
Should we apply or not?