Blue Pebble Limited IPO Detail
Blue Pebble Limited was founded in 2017 and provides interior design and environmental branding solutions.
The company provides conceptualization, design, printing, furnishing and installation of vinyl graphics, signage, and various furnishing products including but not limited to 3D walls, frost/clear glass films, artifacts, wall panels, murals and sculptures for corporate interiors and external workplace environments. The company's printing and design services include themed designs, large format printing, vinyl printing, fabric printing, canvas printing, signage fabrication and 3D art installation.
The company's clients include companies from the banking sector, MNCs and IT sectors, etc. to name a few: Infosys Limited, HDFC Bank Limited, American Express, Bank of America, Nestle, British Petroleum, Moody's, etc. The company is headquartered in Mumbai and has presence in Delhi, Maharashtra, Gujarat, Utter Pradesh, Telangana, Odisha, Madhya Pradesh, Punjab, Tamilnadu etc.
Blue Pebble won an architecture and interior design award presented by Beginup Research Intelligence Pvt Ltd. in 2022 and was awarded "Most Creative & Innovative Design Agency" by Design Awards India in 2022 and "India's Best Design Studio" by IBDA in 2023.
As of September 30, 2023, Blue Pebble had 34 full-time employees.
Company Promoters
Nalin Gagrani, Karuna Nalin Gagrani, and Manoj Bhushan Tiwari.IPO Details
| IPO Opening Date | Mar 26, 2024 |
| IPO Closing Date | Mar 28, 2024 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹159 - 168 per equity share |
| Market Lot | 800 Shares |
| Min Order Quantity | 800 Shares |
| Listing At | NSE SME |
| Issue Size | ₹18.14 Cr |
| Fresh Issue | ₹18.14 Cr |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 2.45x | 0.00x | 0.00x | 2.78x | 8.05x | 5.32x |
| Day 2 | 2.48x | 0.00x | 0.00x | 11.74x | 24.70x | 15.58x |
| Day 3 | 21.77x | 0.00x | 0.00x | 97.31x | 58.40x | 56.32x |
IPO Tentative Timetable
The Blue Pebble Limited IPO open date is Mar 26, 2024, and the close date is Mar 28, 2024. The issue may list on Apr 03, 2024.
| IPO Open Date | Mar 26, 2024 |
| IPO Close Date | Mar 28, 2024 |
| Basis of Allotment Date | Apr 01, 2024 |
| Initiation of Refunds | Apr 02, 2024 |
| Credit of Shares to Demat Account | Apr 02, 2024 |
| IPO Listing Date | Apr 03, 2024 |
IPO Lot Size
The Blue Pebble Limited IPO market lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹134400).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 800 | ₹134400 |
| Maximum | 1 | 800 | ₹134400 |
IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 299.88 | 421.04 | 20.06 |
| 31-Mar-22 | 342.62 | 548.14 | 38.05 |
| 31-Mar-23 | 876.36 | 1594.96 | 200.33 |
| 30-Sep-23 | 934.35 | 1322.68 | 291.78 |
Objects of the Issue:
The company intends to utilize the proceeds of the Issue to meet the following objects:
- Funding Capital Expenditure towards the installation of additional machinery;
- To meet working capital requirements; and
- General Corporate Purpose.
Blue Pebble Limited IPO Registrar:
Bigshare Services Pvt Ltd
Blue Pebble Limited IPO Lead Manager(s):
Hem Securities Limited
Company Contact Information:
Blue Pebble Limited
B-1201, Titanium Towers, Opp. Star Bazar,
Nr. D N Nagar Metro Station,
Andheri West, Mumbai - 400053
