Anmol India Limited IPO – Allotment, Live Subscription, Grey Market & RHP
Last Updated Date: Nov 16, 2022Let’s have a detailed review of the company and analytics of the Anmol India Limited IPO (Anmol India IPO) release date, offer price, Live subscription, Anmol India Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.
- Issue Price of this IPO is Rs 33. Check the Live Share Price here Anmol India Share Price
- To track the performance of this IPO, click on this link – IPO Performance
Anmol India Limited IPO Review & Ratings
| IPO Ratings & Review | |
| Criteria | Ratings |
| Industry Sentiments | 8.5/10 |
| Industry Ranking | 7.8/10 |
| Company Background | 7.9/10 |
| Company Reputation | 7.9/10 |
| Competitive Edge | 7.7/10 |
| Financial Statements | 7.8/10 |
| Popularity Index | 8.4/10 |
| Promoters Reputation | 7.7/10 |
| Retail Appetite | 7.9/10 |
| Top Brokers Review | 7.9/10 |
| Overall Ratings | 8.1/10 |
| Star Ratings | ★★★★☆ |
Summary of Anmol India Limited IPO
Anmol India Limited (“Anmol”) is dealing in Coal import and supply industry. Since its inception it has made itself a trusted brand among clients located in over 100 different locations in India. Anmol India Limited IPO comprises of Fresh Issue of 31,00,000 Equity Shares of Rs.10/- each at a price of Rs. 33 per Equity Share aggregating to Rs. 1023 lakhs. The Equity Shares are listed at BSE SME.
From FY 2015-16 to FY 2017-18, as per the Restated Financial Statements,
- The EBITDA for the period was Rs. 2.13 lakhs, Rs.1.70 lakhs and Rs.1.34 lakhs as on 31st March, 2018, 31st March, 2017 and 31st March, 2016 respectively .
- The net asset value per Equity Share was Rs.10.46 as on 31st March, 2016 , Rs.10.96 as on 31st March, 2017 and Rs.15.56 as on 31st March, 2018.
The Promoters of this company are Mr. Vijay Kumar and Mr. Chakshu Goyal. The lead manager to the issue is SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED and the Registrar to this issue is BIGSHARE SERVICES PRIVATE LIMITED.
Important Info:
| Issue Size | 3100000 |
| Face Value | Rs 10 |
| Issue Price | Rs 33 |
| Premium | Rs 23 |
| Market Lot | 4000 |
| Minimum Bid Quantity | 4000 |
| Maximum Bid Quantity | 2944000 |
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Anmol India Limited IPO Date
The opening and the closing date of Anmol India Limited IPO is from Feb 12, 2019 to Feb 14, 2019.
Anmol India Limited IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| Day 1: Feb 12 | – | 0.76x | 0.30x | 0.53x |
| Day 2: Feb 13 | – | 0.97x | 0.47x | 0.72x |
| Day 3: Feb 14 | – | |||
| – | – | – | – | |
| – | – | – | – | |
| Shares Offered or Net Issue | 1,472,000 | 1,472,000 | 2,944,000 |
The shares subscribed by the public will be updated here.
Anmol India Limited IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Anmol India Limited IPO Price Band
The face value of each share is Rs 10 and the cash price is Rs 33.
Anmol India Limited IPO Equity Share Offering
Initial public offer of up to 31,00,000 Equity Shares of Rs.10/- each at a cash price of Rs. 33 per Equity Share aggregating to Rs. 1023 lakhs.
The Minimum Order Quantity or market lot is 4000 Shares.
The issue and the net issue will constitute 29.86% and 28.35%, respectively of the post issue paid up equity share capital by the company.
Anmol India Limited – Company Overview
Anmol India Limited was originally incorporated as was originally incorporated at Shillong as “Anmol India Private Limited” on 3rd April, 1998 under the provisions of the Companies Act, 1956. Anmol India Limited is dealing in Coal import and supply industry. Since its inception it has made itself a trusted brand among clients located in over 100 different locations in India. Initially serving only brick kiln industry and Coal traders, today the Company caters to the demand of over a dozen different types of industries and trades both in Coal and Pet Coke covering almost half of India.
The primary product of the Company is USA Coal (US Napp Coal and USA ILB).Other commodities include Indonesian Coal and Petroleum Coke. Small and Medium scale manufacturers are their primary clients.A briefwrite-up on the different varieties of Coal in which the Company trades are as under:
The Company is promoted by Mr. Vijay Kumar and Mr. Chakshu Goyal and are the guiding force behind the growth and strategic decisions of the Company.
Competitive Strengths of Anmol India Limited:
- Economies of Scale.
- Retail Customer Base.
- Mobile application “Anmol Coal”.
- Hassle-Free Procurement of stock
- Strong track record of financial performance.
- Experienced senior management team and large pool of skilled employees
Business strategies of Anmol India Limited:
- Entering New Geographies.
- Diversifying Inventory
- Attract and retain talented employees.
- Bringing in more Large-Scale Customer
- Competitive Pricing.
- Developing a robust research department
- Increase Retail Market Share.
Anmol India Limited – Financial Statements
A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:
SUMMARY OF FINANCIAL DATA
| Amount (in INR & Lakhs) | ||||
| 30-Sep-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |
| Total Assets | 3092.51 | 7319.78 | 7,785.35 | 5,557.48 |
| Total Expense | 25942.77 | 29285.52 | 18,331.98 | 18,726.81 |
| Total Revenue | 26,306.38 | 29,924.22 | 18,649.56 | 18,980.92 |
| Profit After Tax | 171.79 | 262.24 | 108.86 | 82.65 |
Earnings per Equity Share (in Lakhs)
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |
| Basic & Diluted | 3.60 | 1.49 | 1.13 |
From the above statements, one could find that the Anmol India Limited may perform well.
Anmol India Limited IPO – Promoters
The Promoters of this company are:
- Mr. Vijay Kumar
- Mr. Chakshu Goyal
Interest in promotion of the Company
Company is currently promoted by the Promoters in order to carry on its present business. Promoters are interested in the Company to the extent of their shareholding and directorship of the Individual Promoter in the Company and the dividend declared, if any, by the Company. The Promoters are interested in the transactions entered into the Company and the Promoter Group.
Property Interest
The promoters along with the promoter group will continue to hold collectively some percentage of the equity share capital of the company. As a result of the same, they will be able to exercise significant influence over the control of the outcome of the matter that requires approval of the majority shareholders vote.
Interest in Intellectual Rights of the Company
Promoters has not shown any interest in acquiring the intellectual rights of the company.
Anmol India Limited IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Fresh Issue | Issue of upto 31,00,000 Equity Shares of Rs. 10 each at a price of Rs. 33/-per Equity Share aggregating Rs. 1023 Lakhs. |
| Reserved for Market Makers | Upto 1,56,000 Equity Shares of Rs. 10 each at a price of Rs. 33/-per Equity Share aggregating Rs. 51.48 Lakhs. |
| Net Issue to the Public | Upto 29,44,000 Equity Shares of Rs. 10 each at a price of Rs. 33/-per Equity Share aggregating Rs.971.52 Lakhs. |
| Equity Shares outstanding prior to the Issue | 72,82,830 Equity Shares of face value of Rs. 10 each |
| Equity Shares outstanding after the Issue | 1,03,82,830 Equity Shares of face value of Rs. 10 each |
Anmol India Limited IPO Issue Object
These are the IPO Issue Objects of the company
- To part finance working capital requirements of the Company;
- To meet General corporate purposes;
- To meet the expenses of the Issue.
Anmol India Limited IPO – Basis of the Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Economies of Scale.
- Ability to relocate stock, dynamic pricing, vast sales network and connectivity helps us to build our inventory quickly even during bearish markets and thus provide fresh stock to our customers at all times.
- Meeting urgent demands through reallocation of stocks among our clients is a big advantage for our customers. This again is possible because of the vast number of orders we have, from any given region at any point of time in India.
- Strong track record of financial performance.
- Experienced senior management team and large pool of skilled employees.
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-16 | 1.13 | 10.85 | 10.46 |
| 31-Mar-17 | 1.49 | 12.50 | 10.96 |
| 31-Mar-18 | 3.60 | 23.14 | 15.56 |
- Price to Earnings (P/E) ratio in relation to Issue Price of Rs 33 per Equity Share of face value of Rs. 10 each
| Particulars | P/E ratio |
| Highest | 16.5 |
| Average | 12 |
| Lowest | 6.5 |
- Competitive Peers:
| Sr. No. | Particulars | Face Value (in Rs.) | EPS (In Rs.) | Current Market Price | P/E Ratio | RONW in % | PAT (Rs. in lakhs) |
| 1 | Anmol India Limited | 10.00 | 3.6 | 33 | 9.16 | 23.14 | 262.24 |
| 2 | Coal India Limited | 10.00 | 14.97 | 244.8 | 16.35 | 73.21 | 9,29,342 |
| 3 | Gujarat Mineral Development Corporation Limited |
10.00 | 13.67 | 87.90 | 6.50 | 9.87 | 43,460.39 |
Anmol India Limited IPO Lead Managers
| Lead Managers |
| SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED 14, Dayanand Vihar, Near Karkardooma Metro Station, Delhi-110092, India. Tel. No. +91-11-43011000 Fax.No.: +91-11- 43011030 Email Id- info@shareindia.com Investor Grievance Email Id: investors@shareindia.com Website: www.shareindia.com SEBI Registration Number: INM000012537 Contact Person: Mr. Sachin Gupta |
Anmol India Limited IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai – 400059, Maharashtra, India. Tel.No: +91-22 – 62638289 Fax.No.: +91-022 – 62638299 E-mail: ipo@bigshareonline.com Website: www.bigshareonline.com SEBI Registration No. INR000001385 Contact Person: Mr. Babu Raphea |
Other Details:
- Statutory Auditor – M/S. VIKRAM MAHESHWARI & ASSOCIATES
- Peer Review Auditor – M/S. RAMANAND & ASSOCIATES
- Bankers to the Company – HDFC BANK LIMITED
Anmol India Limited IPO Review by Top 10 Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
Anmol India Limited IPO Grey Market Premium
The Anmol India Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
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Anmol India Limited IPO News
News 1 – IPO ISSUE OPENS SOON [Download Prospectus]
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