Bombay Metrics Supply Chain Limited IPO Detail
Incorporated in 2015, Bombay Metrics is engaged in the manufacturing of engineered goods and supply chain management services. The company also offers efficient services in advanced engineering, 3D scanning, rapid prototyping, flow simulation, project management, and quality management. The company is primarily focused on benefiting from the “Make in India” initiative by the GoI by aiding in developing supplier capabilities in India. The company helps its customers in the process of selecting the right manufacturing source and choose the right logistics partners for their operations.
The company has recently been awarded “Best Exporter of the Year” in the Small Business Awards 2021, “Most Trusted Exporter in Western India” by Topgallant Media for International Service Pride Awards 2021, and declared “Winner” at the India 5000 BEST MSME Awards 2021.
Competitive strengths
- Wide portfolio of product and service offerings.
- Well established relationship with customers ensuring repeat orders.
- Experienced management and dedicated employee base.
- Asset light business model allowing customized business operations.
Company Promoters
Mr. Nipul Hirji Keniya and Mr. Hiten T ShahIPO Details
| IPO Opening Date | Sep 30, 2021 |
| IPO Closing Date | Oct 04, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹93 per equity share |
| Market Lot | 1200 Shares |
| Min Order Quantity | 1200 Shares |
| Listing At | NSE SME |
| Issue Size | ₹4.29 Cr |
| Fresh Issue | - |
| Offer for Sale | - |
| Retail Portion | - |
IPO Tentative Timetable
The Bombay Metrics Supply Chain Limited IPO open date is Sep 30, 2021, and the close date is Oct 04, 2021. The issue may list on Oct 12, 2021.
| IPO Open Date | Sep 30, 2021 |
| IPO Close Date | Oct 04, 2021 |
| Basis of Allotment Date | Oct 07, 2021 |
| Initiation of Refunds | Oct 08, 2021 |
| Credit of Shares to Demat Account | Oct 11, 2021 |
| IPO Listing Date | Oct 12, 2021 |
IPO Lot Size
The Bombay Metrics Supply Chain Limited IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹111600).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹111600 |
| Maximum | 1 | 1200 | ₹111600 |
IPO Promoter Holding
| Pre Issue Share Holding | 99.79% |
| Post Issue Share Holding | 69.92% |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 15.58 | 32.41 | 1.30 |
| 31-Mar-20 | 9.08 | 29.93 | 1.40 |
| 31-Mar-19 | 7.79 | 20.03 | 0.93 |
Objects of the Issue:
The net proceed from the IPO will be utilized towards the following purposes;
- To part finance the Working Capital requirements.
- General corporate purpose.
- To Meet the issue expenses.
