Piotex Industries Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 09-05-2024 | 13-05-2024 | 10 per share | 94 | 1200 | BSE SME | 1,539,600 shares (aggregating up to ₹14.47 Cr) | 2024-05-14 18:30:00 | 2024-05-15 18:30:00 | 2024-05-15 18:30:00 | 16-05-2024 |
About The Company
Piotex Industries IPO is a fixed price issue of Rs 14.47 crores. The issue is entirely a fresh issue of 15.4 lakh shares.
Piotex Industries IPO bidding opened for subscription on May 10, 2024 and will close on May 14, 2024. The allotment for the Piotex Industries IPO is expected to be finalized on Wednesday, May 15, 2024. Piotex Industries IPO will list on BSE SME with tentative listing date fixed as Friday, May 17, 2024.
Piotex Industries IPO price is ₹94 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹112,800. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹225,600.
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Piotex Industries IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for Piotex Industries IPO is Spread X Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2024 | 3611 | 11894 | 301 | 897.18 | 582.47 | 445.94 |
| 30-03-2023 | 1758 | 8667 | 289 | 440.07 | 425.07 | 372.3 |
| 30-03-2022 | 1385 | 8046 | 74 | 151.32 | 136.32 | 528.58 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Market Maker | 1 |
| Non-Institutional Buyers | 115.21 |
| Retail Investors | 93.33 |
| Total | 107.44 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 112800 |
| Retail (Max) | 1 | 1200 | 112800 |
| HNI (Min) | 2 | 2400 | 225800 |
IPO Listing Details
| Listing Date | 16-05-2024 |
| BSE Script Code | 544178 |
| NSE Symbol | N/A |
| ISIN | INE0R4W01015 |
| Final Issue Price | 94 |
Promoter holdings
Mr. Abhay Shriram Asalkar and Mr. Yogesh Omprakash Nimodiya.
Contact Information of the Company
Piotex Industries Limited
F/II Block, Plot No. 16/2,
M.I.D.C., Pimpri
Pune - 411018
Phone: +91-9156744401
Email: office@piotex.in
Website: https://piotex.in/
IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd (Past IPO Performance)