IPO Archives - BFSI WALE https://www.bfsiwale.com/category/securities/ipo/ Be an informed investor Mon, 09 Sep 2024 12:45:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.bfsiwale.com/wp-content/uploads/2024/09/cropped-logo-32x32.webp IPO Archives - BFSI WALE https://www.bfsiwale.com/category/securities/ipo/ 32 32 Deccan Transcon Leasing Limited IPO https://www.bfsiwale.com/deccan-transcon-leasing-limited-ipo/ Mon, 09 Sep 2024 12:45:53 +0000 https://www.bfsiwale.com/?p=334 The Deccan Transcon Leasing Limited IPO is an exciting opportunity for investors to participate in a leading logistics and container ... Read more

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The Deccan Transcon Leasing Limited IPO is an exciting opportunity for investors to participate in a leading logistics and container leasing company. The IPO offers a combination of a fresh issue of 55.24 lakh shares and an offer for sale of 5 lakh shares, with a total issue size of 60.24 lakh shares. The IPO will open for subscription on September 13, 2024, and close on September 18, 2024. The shares will be listed on the NSE SME, with a tentative listing date set for September 23, 2024.

Deccan Transcon Leasing Limited is a well-established company that offers a range of logistics solutions, including leasing tank containers and providing freight forwarding services across the globe. Below, you’ll find comprehensive details about the IPO, the company’s business operations, and how to apply for shares.

About Deccan Transcon Leasing Limited

Incorporated in February 2007, Deccan Transcon Leasing Limited is a leading provider of logistics and leasing solutions, catering primarily to clients in the chemicals, pharmaceuticals, FMCG, and agriculture sectors. The company specializes in leasing tank containers and providing freight forwarding and shipping solutions across various regions, including Europe, Asia, Oceania, South America, Africa, and the USA.

With a strong focus on serving clients in specialty chemicals and petrochemicals, Deccan Transcon has built a reputation for providing high-quality services to customers globally. As of July 31, 2024, the company had 100+ long-term clients and had served over 5,000 customers since its inception. The company’s operations are driven by its commitment to providing comprehensive logistics solutions through the latest technological advancements.

Key Services Offered:

  1. Leasing of Containers: Specializing in tank containers used for transporting chemicals, petrochemicals, and other liquids.
  2. Shipping and Freight Forwarding: Offering end-to-end freight forwarding solutions, including Non-Vessel Operating Common Carriers (NVOCC) services, customs clearance, transportation, and tank fleet management.

Competitive Strengths:

  • Global Reach: Operations in key global regions across five continents.
  • Large Customer Base: Long-term relationships with over 100 clients, along with a large and growing customer base.
  • Advanced Technology: Offering the latest in logistics technology, such as advanced tracking systems and digital platforms for customer interaction and order management.
  • End-to-End Services: Providing comprehensive logistics solutions that include leasing, freight forwarding, and management of logistics operations.

Deccan Transcon Leasing Limited IPO Details

The Deccan Transcon Leasing Limited IPO consists of a fresh issue and an offer for sale. The total issue size is 60.24 lakh shares, making it an attractive investment opportunity for both retail and institutional investors.

IPO ParameterDetails
IPO Size60.24 lakh shares
Fresh Issue55.24 lakh shares
Offer for Sale5 lakh shares
Face Value of Each Share₹10 per share
Issue TypeBook Built Issue
Lot SizeTo be announced
Minimum InvestmentTo be announced
Listing ExchangeNSE SME

Key Dates of the IPO

The following table provides an overview of the tentative timeline for the IPO:

EventDate
IPO Open DateFriday, September 13, 2024
IPO Close DateWednesday, September 18, 2024
Basis of AllotmentThursday, September 19, 2024
Initiation of RefundsFriday, September 20, 2024
Credit of Shares to DematFriday, September 20, 2024
Listing DateMonday, September 23, 2024

IPO Reservation

The IPO is divided into various categories to ensure fair allocation among different types of investors. Below is the breakdown of the reservation for each category:

Investor CategoryShares Offered
Qualified Institutional Buyers (QIB)Not more than 50.00% of the net offer
Retail Individual Investors (RII)Not less than 35.00% of the net issue
Non-Institutional Investors (NII/HNI)Not less than 15.00% of the net issue

Promoter Shareholding

The promoters of Deccan Transcon Leasing Limited include Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev, and Navaneeth Jaidev. The promoter group holds a significant stake in the company, which will be diluted after the IPO.

ShareholdingPre-Issue (%)Post-Issue (%)
Promoters87.17%To be announced

Company Financials

Deccan Transcon Leasing Limited has demonstrated strong financial performance over the past few years, with significant growth in assets and profit after tax (PAT). Despite a decrease in revenue between FY 2023 and FY 2024, the company’s PAT increased by 38% during the same period. Below is a summary of the company’s financial performance for the last three years:

Financial Metrics (₹ Lakhs)31 Mar 202431 Mar 202331 Mar 2022
Total Assets7,721.585,407.723,924.64
Revenue15,363.7618,061.7615,319.40
Profit After Tax (PAT)1,181.89855.70519.10
Net Worth3,221.322,028.261,207.59
Reserves and Surplus1,501.371,808.26987.59
Total Borrowing2,309.551,775.49989.82

Key Financial Ratios (As of March 31, 2024)

KPIValues
Return on Equity (ROE)45.03%
Return on Capital Employed (ROCE)41.43%
Debt-to-Equity Ratio0.72
Return on Net Worth (RoNW)36.69%
PAT Margin7.75%

Objects of the Issue

The company intends to use the net proceeds from the IPO for the following purposes:

  1. Procurement of Tank Containers: A portion of the funds will be allocated to procure additional tank containers, expanding the company’s capacity to lease containers for chemical and petrochemical logistics.
  2. Working Capital Requirements: The company plans to use part of the IPO proceeds to meet its working capital needs.
  3. General Corporate Purposes: The remaining funds will be utilized for general corporate expenses, allowing the company to strengthen its operations and manage expenses more efficiently.

Why Invest in Deccan Transcon Leasing IPO?

Deccan Transcon Leasing Limited presents a strong investment case due to its established presence in the logistics industry and its consistent growth in profitability. The company’s competitive strengths and focus on providing innovative logistics solutions make it a promising option for long-term investors.

Reasons to Invest:

  1. Global Presence: The company operates in over 40 countries, offering logistics solutions across Europe, Asia, Oceania, South America, Africa, and the USA.
  2. Strong Financial Growth: Despite a temporary decline in revenue, Deccan Transcon Leasing has seen a significant increase in profitability, with a 38% rise in PAT in FY 2024.
  3. Large Customer Base: The company has built long-term relationships with a large customer base, serving over 5,000 clients since its inception.
  4. Advanced Technology: The company leverages cutting-edge logistics technology, including tracking systems and digital platforms for customer interaction, ensuring efficient and transparent service delivery.
  5. End-to-End Logistics Solutions: Deccan Transcon Leasing offers comprehensive logistics solutions, including container leasing, fleet management, and freight forwarding, making it a one-stop solution for clients.

Risks Associated with the IPO

As with any investment, there are risks associated with the Deccan Transcon Leasing IPO that potential investors should consider:

  1. Market Volatility: Fluctuations in the stock market and overall economic conditions may impact the share price post-listing.
  2. Revenue Decline: The company experienced a 15% decline in revenue between FY 2023 and FY 2024, which may raise concerns about future growth prospects.
  3. Industry Risks: The logistics and leasing industry is subject to fluctuations in demand, regulatory changes, and competition, which could affect the company’s operations and profitability.

How to Apply for Deccan Transcon Leasing IPO

Investors can apply for the Deccan Transcon Leasing IPO through several methods, including stockbroker platforms and banking portals. Below is a step-by-step guide on how to apply:

Step-by-Step Process:

  1. Login: Log in to your stockbroker or net banking account.
  2. Select IPO: Navigate to the IPO section and select “Deccan Transcon Leasing Limited IPO.”
  3. Enter Bid Details: Enter the number of shares you wish to bid for, along with the price (within the price band to be announced).
  4. Confirm Payment: Complete the application using ASBA (Application Supported by Blocked Amount) or UPI.
  5. Submit: Submit your IPO application before the close of the subscription window.

Post-Listing Share Performance

After the listing on the NSE SME platform, investors can monitor the performance of Deccan Transcon Leasing shares. With the company’s focus on expanding its operations and increasing profitability, the stock is expected to attract interest from both retail and institutional investors.

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Arkade Developers Limited IPO https://www.bfsiwale.com/arkade-developers-limited-ipo/ Mon, 09 Sep 2024 12:40:38 +0000 https://www.bfsiwale.com/?p=331 The Arkade Developers Limited Initial Public Offering (IPO) is a significant opportunity for investors to participate in the growth of ... Read more

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The Arkade Developers Limited Initial Public Offering (IPO) is a significant opportunity for investors to participate in the growth of a well-established real estate development company. With a book-built issue size of ₹410 crores, the IPO opens on September 16, 2024, and closes on September 19, 2024. The shares are expected to list on BSE and NSE, with a tentative listing date of September 24, 2024.

Arkade Developers Limited has a strong presence in Mumbai’s real estate market, focusing on high-end residential developments and redevelopment projects. Below, you’ll find detailed information regarding the IPO, the company’s financial performance, and how to apply for shares.

About Arkade Developers Limited

Founded in [Year], Arkade Developers Limited has become a leading name in the real estate sector, focusing primarily on residential projects in Mumbai. The company operates in two main areas: the development of new residential buildings and the redevelopment of existing buildings.

Key Highlights:

  • Developed Area: Over 4.5 million square meters across various projects.
  • Residential Units Sold: 1,045 units between 2017 and Q1 2024.
  • Employees: 201 permanent employees and 850 contract-based workers (as of June 30, 2024).

Arkade Developers is known for delivering premium housing projects that cater to modern, sophisticated lifestyles. Their portfolio includes both new developments and large-scale redevelopment projects, making them a trusted name in Mumbai’s competitive real estate market.

Arkade Developers IPO Details

The Arkade Developers IPO is a fresh issue, with a total offering size of ₹410 crores. Below are the detailed parameters of the IPO:

IPO ParameterDetails
IPO Size₹410 crores
IPO Price BandTo be announced
Face Value of Each Share₹10 per share
IPO TypeBook Built Issue
Shares OfferedTo be announced
Lot SizeTo be announced
Minimum InvestmentTo be announced
Listing ExchangeBSE, NSE

Key Dates of the IPO

It is important for investors to keep track of the following critical dates associated with the IPO process:

EventDate
IPO Open DateMonday, September 16, 2024
IPO Close DateThursday, September 19, 2024
Allotment DateFriday, September 20, 2024
Initiation of RefundsMonday, September 23, 2024
Credit of Shares to DematMonday, September 23, 2024
Listing DateTuesday, September 24, 2024

IPO Reservation

The Arkade Developers IPO is divided into various investor categories to ensure equitable allocation. Below is the reservation breakdown for different investor segments:

Investor CategoryShares Offered
Qualified Institutional Buyers (QIB)Not more than 50.00% of the net offer
Retail Individual Investors (RII)Not less than 35.00% of the offer
Non-Institutional Investors (NII/HNI)Not less than 15.00% of the offer

Promoter Shareholding

The promoter of Arkade Developers Limited is Mr. Amit Mangilal Jain. The company’s promoter will dilute part of their shareholding through this IPO.

ShareholdingPre-Issue (%)Post-Issue (%)
Promoters85.58%To be announced

Financial Performance

Arkade Developers Limited has delivered strong financial growth over the past few years, recording significant increases in revenue and profit after tax (PAT). Between FY 2023 and FY 2024, the company saw a 184% increase in revenue and a 142% rise in PAT. Below is a summary of the company’s financial performance for the past three years:

Financial Metrics (₹ Crore)31 Mar 202431 Mar 202331 Mar 2022
Total Assets575.01555.41369.97
Revenue635.71224.01237.18
Profit After Tax (PAT)122.8150.7750.84
Net Worth323.4200.32149.5
Reserves and Surplus171.4198.32147.49
Total Borrowing69.41149.0064.41

Key Financial Ratios (As of March 31, 2024)

KPIValues
Return on Equity (ROE)46.90%
Return on Capital Employed (ROCE)47.34%
Debt-to-Equity Ratio0.21
Return on Net Worth (RoNW)46.90%
PAT Margin19.35%

Objectives of the IPO

Arkade Developers Limited intends to use the net proceeds from the IPO for the following purposes:

  1. Funding Development Expenses: A portion of the funds will be allocated to ongoing projects such as Arkade Nest, Prachi CHSL, and C-Unit.
  2. Acquisition of Land: The company plans to acquire land for future real estate projects.
  3. General Corporate Purposes: The remaining funds will be utilized for general corporate expenses and operational requirements.

Company’s Business Model and Projects

Arkade Developers Limited focuses on two primary segments in real estate:

  1. New Residential Projects: The company is involved in the development and construction of high-end residential buildings on land it has acquired.
  2. Redevelopment Projects: Arkade also specializes in redeveloping existing residential buildings, particularly in Mumbai’s western and southern suburbs.

Key Projects:

  • Arkade Nest: A luxury residential project aimed at providing modern, sophisticated housing solutions.
  • Prachi CHSL: A redevelopment project that focuses on revamping older residential buildings and providing new, upgraded living spaces.
  • C-Unit: A residential project designed to cater to urban professionals and families.

Since 2003, the company has completed 28 projects and has a total developed area of over 4.5 million square meters. As of June 30, 2024, Arkade has developed approximately 2.20 million square feet of residential properties.

Why Invest in Arkade Developers IPO?

Arkade Developers Limited presents a strong investment case for the following reasons:

  1. Proven Track Record: With over two decades of experience, the company has a solid reputation in Mumbai’s real estate market.
  2. Impressive Financial Growth: The company has shown substantial revenue and profit growth, which is expected to continue in the coming years.
  3. Expanding Project Portfolio: Arkade Developers is continually launching new projects while maintaining a strong focus on redevelopment.
  4. Attractive Financial Ratios: High ROE and ROCE ratios highlight the company’s operational efficiency and profitability.
  5. Strong Market Demand: Mumbai’s residential real estate market continues to grow, providing opportunities for Arkade Developers to expand further.

Risks Associated with the IPO

While Arkade Developers presents an attractive investment opportunity, there are certain risks to consider:

  1. Real Estate Market Volatility: The real estate sector is subject to fluctuations due to changes in economic conditions, regulations, and consumer demand.
  2. Project Delays: Any delays in the completion of ongoing or future projects could impact the company’s revenue and profitability.
  3. Regulatory Risks: Changes in government policies or local regulations may affect the company’s operations, especially in the redevelopment segment.

How to Apply for Arkade Developers IPO

Investors can apply for the Arkade Developers IPO through various platforms, including their stockbroker or banking portal. The following steps outline how to apply:

Step-by-Step Process:

  1. Login: Log in to your net banking or stockbroker account.
  2. Select IPO: Navigate to the IPO section and choose “Arkade Developers Limited IPO.”
  3. Enter Bid Details: Enter the number of shares and the price within the price band (to be announced).
  4. Confirm Payment: Complete the application using the ASBA (Application Supported by Blocked Amount) process or UPI payment method.
  5. Submit: Submit the application before the IPO closing date.

Post-Listing Share Performance

After listing, investors can monitor the performance of Arkade Developers Limited shares on the BSE and NSE. With the company’s strong financials and expansion plans, the stock is expected to generate interest among both retail and institutional investors.

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Archit Nuwood Industries Limited IPO https://www.bfsiwale.com/archit-nuwood-industries-limited-ipo/ Mon, 09 Sep 2024 06:35:53 +0000 https://www.bfsiwale.com/?p=317 The Archit Nuwood Industries Limited Initial Public Offering (IPO) is a significant event, providing investors an opportunity to buy shares ... Read more

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The Archit Nuwood Industries Limited Initial Public Offering (IPO) is a significant event, providing investors an opportunity to buy shares in a leading manufacturer of MDF and HDF boards. With a fresh issue worth ₹168.48 crores, this IPO promises to attract significant interest from both retail and institutional investors. Below, you’ll find detailed information about the company, the IPO, key financials, and everything you need to know before investing.

About Archit Nuwood Industries Limited OPO

Founded in 2017, Archit Nuwood Industries Limited specializes in the production of Medium Density Fiberboard (MDF) and High-Density Fiberboard (HDF). The company has earned a strong reputation in the manufacturing industry by delivering a diverse product portfolio, including pre-laminated and plain boards in various designs. With a robust growth trajectory, Archit Nuwood Industries is poised to meet the growing demand in the real estate and construction sectors, making it an attractive option for investors.

Key Products:

  • MDF Boards: Pre-laminated interior and exterior-grade materials, plain exterior-grade MDF, and plain interior-grade MDF.
  • HDF Boards: Pre-laminated and plain HDF, California Air Resources Board (CARB) compliant panels.
  • High-Pressure Laminate (HPL): Premium laminate boards for interior design applications.

As of April 26, 2024, Archit Nuwood Industries employs 149 personnel, including directors, to manage its growing operations.

IPO Details

The Archit Nuwood Industries IPO is a book-built issue amounting to ₹168.48 crores, with a fresh issue of 6,240,000 shares. The IPO price band has been set between ₹257 and ₹270 per share, offering investors a chance to own part of a rapidly growing company.

IPO ParameterDetails
IPO Size₹168.48 crores
IPO Price Band₹257 to ₹270 per share
Issue TypeBook Built Issue
Shares Offered6,240,000 shares
Face Value of Each Share₹10 per share
Lot Size400 shares
Minimum Investment (Retail)₹108,000
Minimum Investment (HNI)₹216,000
Listing ExchangeBSE SME

Key Dates

The IPO dates are yet to be announced. However, investors should stay updated to ensure they don’t miss out on this opportunity. The expected timeline for the key events related to the IPO is as follows:

EventDate
IPO Open DateTo Be Announced
IPO Close DateTo Be Announced
Allotment DateTo Be Announced
Listing DateTo Be Announced

IPO Reservation

The Archit Nuwood Industries IPO is divided into various investor categories to ensure fair distribution among different types of investors. The reservation details are as follows:

Investor CategoryShares Offered
Qualified Institutional Buyers (QIB)Not more than 50.00% of the net offer
Retail Individual Investors (RII)Not less than 35.00% of the offer
Non-Institutional Investors (NII/HNI)Not less than 15.00% of the offer

Lot Size and Investment Breakdown

Investors can bid for a minimum of 400 shares, and bids must be placed in multiples thereof. Below is a detailed breakdown of the investment required for retail and high-net-worth individuals (HNI):

Investor TypeLot SizeSharesInvestment (₹)
Retail (Min)1 lot400₹108,000
Retail (Max)1 lot400₹108,000
HNI (Min)2 lots800₹216,000

Company Promoters and Shareholding

Archit Nuwood Industries Limited is promoted by Mr. Prem Chand, Mr. Vinod Kumar Singla, and Mr. Vineet Kumar. The promoters hold a significant stake in the company, which will be diluted following the IPO. Below is the shareholding breakdown before and after the issue:

ShareholdingPre-Issue (%)Post-Issue (%)
Promoters93.92%69.15%
Public6.08%30.85%

Financial Performance

Archit Nuwood Industries Limited has demonstrated strong financial growth over the years. Between FY 2023 and FY 2024, the company recorded a 21% increase in revenue and a 74% rise in profit after tax (PAT). The table below summarizes the company’s financial performance for the past four years:

Financial Metrics (₹ Lakhs)31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Total Assets16,649.4411,972.798,139.795,215.65
Revenue18,540.1315,368.5813,432.033,963.77
Profit After Tax (PAT)3,692.532,127.9443.36304.95
Net Worth[Value]3,633.951,551.331,107.97
Reserves and Surplus7,488.682,465.56382.94-60.42
Total Borrowing576.911,472.791,785.58[Value]

Key Financial Ratios (As of March 31, 2024)

KPIValues
Return on Equity (ROE)57.41%
Return on Capital Employed (ROCE)40.38%
Return on Net Worth (RoNW)57.41%
PAT Margin20.07%

Peer Comparison

Compared to its industry peers, Archit Nuwood Industries demonstrates strong financials, with an EPS of ₹14.16 post-IPO and a price-to-earnings (P/E) ratio of 19.06x. Below is a comparison of pre- and post-IPO metrics:

MetricPre-IPOPost-IPO
Earnings Per Share (EPS) (₹)12.2214.16
Price-to-Earnings (P/E) Ratio22.119.06

Objectives of the IPO

The funds raised through the IPO will be utilized for the following purposes:

  1. Investment in Subsidiary: A portion of the proceeds will be invested in Archit Panels Private Limited (APPL), the wholly-owned subsidiary of the company, to enhance its production capacity and strengthen its operations.
  2. General Corporate Purposes: The remaining funds will be used for general corporate purposes, enabling the company to manage its working capital requirements and other operational expenses.

Why Invest in Archit Nuwood Industries IPO?

Archit Nuwood Industries Limited is well-positioned for growth in a booming market. The real estate sector, particularly in interior design and construction, has seen an uptick in demand for MDF, HDF, and laminates. The company’s robust financials and consistent growth in revenue and profits make this IPO an attractive option for investors looking for medium to long-term gains.

Reasons to Invest:

  • Leading manufacturer in a high-demand sector.
  • Impressive financial performance with substantial growth in revenue and profit.
  • Expanding production capacity to meet future demand.
  • Reasonable pricing based on FY 2024 earnings.

Risks Associated with the IPO

While Archit Nuwood Industries presents a compelling investment opportunity, there are inherent risks to consider:

  1. Market Volatility: Stock market fluctuations may affect share price performance post-listing.
  2. Regulatory Risks: Changes in government regulations related to manufacturing or environmental standards could impact operations.
  3. Competitive Landscape: Increased competition from new and established players in the MDF and HDF sectors could affect market share.

How to Apply for the Archit Nuwood Industries IPO

Investors can apply for the Archit Nuwood Industries IPO through the following methods:

  1. ASBA (Application Supported by Blocked Amount): Investors can apply through their net banking account.
  2. UPI (Unified Payments Interface): Retail investors can apply using UPI-linked bank accounts.

Step-by-Step Process:

  1. Log in to your net banking or broker platform.
  2. Navigate to the IPO section and select “Archit Nuwood Industries IPO.”
  3. Enter the number of shares and bid price within the set price band.
  4. Confirm the application using ASBA or UPI.

Post-Listing Share Performance

Once listed, investors can track the share price performance of Archit Nuwood Industries on the BSE SME exchange. Given the strong fundamentals and robust demand in the market, the stock is expected to generate interest among both retail and institutional investors.

Conclusion

Archit Nuwood Industries Limited is poised for significant growth in the coming years, driven by strong financial performance and increasing demand for MDF and HDF boards in the real estate sector. With a carefully planned expansion strategy and consistent profits, the company offers a promising investment opportunity for those looking to invest in a well-established player in the manufacturing industry.

For more detailed information, refer to the Red Herring Prospectus (RHP) of Archit Nuwood Industries Limited.

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