Omnipotent Industries Limited IPO Detail
Omnipotent industries are primarily engaged in the business of supplying bulk and packed bitumen as well as other bituminous products. The company either directly imports these products or buys from third-party importers and sells them to their various distributors as well as corporates. The company's products include bitumen 60/70 & 80/100, bitumen VG10, VG30, VG 40; bitumen emulsion, blown bitumen, micro surfacing bitumen, and modified bitumen CRMB, PMB, NRMB.
The company is also engaged in consultancy services of setting up of plants for Bitumen & Bituminous products. The company provides end-to-end solutions from identification of land, plant & machinery to imparting training & making policy with staff on marketing & quality testing. The company has relationships with various importers, manufacturers, transporters, warehousing & bulk storage entities which gives them a cost advantage due to bulk purchase as well as sharing of logistics costs.
The company is in the process of shifting its plant at Gandhidham, Kutch, Gujarat, which will be managed by a third-party operator.
Competitive Strengths:
- Focus on procurement, sales, and customer service
- A strong relationship with business stakeholders
- In house dedicated processes
- Experienced & Qualified Team
Company Promoters
IPO Details
| IPO Opening Date | Nov 16, 2021 |
| IPO Closing Date | Nov 22, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹63 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹18.90 Cr |
| Fresh Issue | 3,000,000 Eq Shares of ₹10 |
| Offer for Sale | - |
| Retail Portion | - |
IPO Tentative Timetable
The Omnipotent Industries Limited IPO open date is Nov 16, 2021, and the close date is Nov 22, 2021. The issue may list on Nov 30, 2021.
| IPO Open Date | Nov 16, 2021 |
| IPO Close Date | Nov 22, 2021 |
| Basis of Allotment Date | Nov 25, 2021 |
| Initiation of Refunds | Nov 26, 2021 |
| Credit of Shares to Demat Account | Nov 29, 2021 |
| IPO Listing Date | Nov 30, 2021 |
IPO Lot Size
The Omnipotent Industries Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹126000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹126000 |
| Maximum | 1 | 2000 | ₹126000 |
IPO Promoter Holding
| Pre Issue Share Holding | 56.23% |
| Post Issue Share Holding | 28.35% |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|
Objects of the Issue:
