KBS Industries IPO – Review, Price, Allotment, Subscription, GMP & DRHP
Last Updated Date: Aug 31, 2023KBS Industries Limited is engaged in the manufacturing and supply of high quality Semi finished copper and copper alloy products (Rods, Bus bars, Strips, Wires, Plates, Sheets and Circles). KBS Industries IPO comprises of 48,00,000 Equity shares, face value of Rs.10 each.
Let’s have a detailed review of the company and analytics of the KBS Industries IPO release date, IPO offer price, subscription, KBS Industries IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.
KBS Industries 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 KBS Industries Limited IPO
KBS Industries Limited has the capability and flexibility to meet customer requirements, exact specification and size. The Company have set art of manufacturing facilities and team of highly qualified, motivated and experience staff in production and sales to meet customers ever going quality and service expectation. Mission of KBS is to offer continuously world class customer service. The Issue comprises of a Public Issue of 48,00,000 Equity shares of face value of Rs.10.00 each fully paid up.
From FY 2014-15 to FY 2016-2017, as per the Restated Financial Statements,
From fiscal 2016 to 2017, company’s revenue from operations has increased at a growth rate of 32.13% respectively.
For the period ended March 31, 2018, FY 2016-17 and FY 2015-16, its revenue from operations was Rs.26,787.97 Lakhs, Rs.19,855.17 Lakhs and Rs.15,025.86 Lakhs, respectively representing growth of 32.13% from the FY 2015-16 to FY 2016-17. For the period ended March 31, 2017, FY 2016-17 and FY 2015-16 our net profit was Rs. 963.04 Lakhs, Rs. 423.54 Lakhs and Rs. 75.26 Lakhs, respectively, representing a loss of 462.7% from the FY 2015-16 to FY 2016-17.
- During the financial year 2017-18 the Other Income of our company decreased to Rs.11.72 Lakhs as against Rs.25.46 Lakhs for the financial year 2016-17 .
- Company’s Net Profit after tax for the year 2016-17 is Rs.728.20 Lakhs from the year 2015-16 of Rs.323.34 Lakhs showing remarkable performance.
The Promoter of this company is Mr. Arjun and Mr. Anil Anand . The lead manager to the issue is NAVIGANT CORPORATE ADVISORS LIMITED and the Registrar to this issue is KARVY COMPUTERSHARE PRIVATE LIMITED .
KBS Industries IPO Date
The opening and the closing date of KBS Industries Limited IPO is not known yet.
KBS Industries IPO Subscription
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KBS Industries IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
KBS Industries IPO Price Band
The face value of each share is Rs 10, but the price band of the IPO is not yet disclosed.
KBS Industries IPO Equity Share Offering
48,00,000 Equity Shares of Rs 10/- each but Issue Price is yet to be disclosed .
KBS Industries Limited – Company Overview
KBS Industries Limited is an ISO 9001:2015 certified company, engaged in the manufacturing and supply of high quality Semi finished copper and copper alloy products (Rods, Bus bars, Strips, Wires, Plates, Sheets and Circles). The Company have capability and flexibility to meet customer requirements, exact specification and size. The Company have set art of manufacturing facilities and team of highly qualified, motivated and experience staff in production and sales to meet customers ever going quality and service expectation.Mission of KBS is to offer continuously world class customer service.
The Company is promoted by Mr. Arjun and Mr. Anil Anand and is the guiding force behind the growth and strategic decisions of the Company.
Competitive Strengths of KBS Industries Limited :
- Diversified, mature and strong manufacturing base, with robust supply chain;
- Rugged performance design of domestic electrical equipment
- State of art technology in most sub sectors at par with global standards
- Domestic availability of low cost skilled manpower
Business strategies of KBS Industries Limited :
- Expansion of Domestic Market
- Competitive Pricing
- Leveraging Market skills and Relationships
- Improving operational efficiencies
- Attract, train and retain qualified personnel:
- Constant technology upgradation
KBS Industries 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:
Financial Summary:
| Amount (in INR & Lakhs) | |||||
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
| Total Assets | 13,000.67 | 8,873.47 | 7,610.45 | 2,979.28 | 2,108.95 |
| Total Revenue | 26,799.69 | 19,880.64 | 15,047.60 | 5,013.60 | 1,040.03 |
| Total Expense | 25,836.65 | 19,457.10 | 14,972.34 | 4,980.69 | 1,027.46 |
| Profit After Tax | 728.20 | 323.34 | 63.82 | 22.01 | 8.33 |
Earnings per Equity Share (in Lakhs)
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | |
| Basic & Diluted | 3.74 | 0.12 | 0.66 |
From the above statements, one could find that the KBS Industries Limited may perform well.
KBS Industries IPO – Promoters
The Promoter of this company are:
- Mr. Arjun and Mr. Anil Anand
List of Related Parties (Key Managerial Personnel)
- Mr. Arjun.
- Mr. Anil Anand.
- Ms. Monica Sachdeva.
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.
KBS Industries IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Issue of upto 48,00,000 Equity Shares having face value of Rs. 10 each at a price of Rs. [●] per Equity Share (including a share premium of Rs. [●] per Equity share) aggregating Rs. [●] lakhs. |
| Of which: | |
| Reserved for Market Makers | Upto 2,46,000 Equity Shares of face value of Rs. 10 each fully paid of the Company for cash at price of Rs. [●] per Equity Share aggregating Rs. [●] lakhs. |
| Net Issue to the Public | Upto 45,54,000 Equity Shares of face value of Rs.10 each fully paid of the Company for cash at price of Rs. [●] per Equity Share aggregating Rs. [●] lakhs |
| Of which: | |
| Retail Investors Portion | Not less than 22,77,000 Equity Shares of face value of Rs.10 each fully paid of the Company for cash at price of Rs. [●] per Equity Share aggregating Rs. [●] lakhs will be available for allocation to investors up to Rs. 2.00 Lakhs. |
| Non-Retail Investors Portion | Upto 22,77,000 Equity Shares of face value of Rs.10 each fully paid of the Company for cash at price of Rs. [●] per Equity Share aggregating Rs. [●] lac will be available for allocation to investors above Rs. 2.00 Lakhs |
| Equity Shares outstanding prior to the Issue | 1,31,54,714 Equity Shares of face value of Rs.10 each |
| Equity Shares outstanding after the Issue | Upto 1,79,54,714 Equity Shares of face value of Rs. 10 each |
KBS Industries IPO Issue Object
These are the IPO Issue Objects of the company
- To finance the Expenditure towards Land & Site Development and Other Civil Work.
- To part finance the requirement of Working Capital
- To meet General corporate purposes
- To meet the expenses of the Issue
List of Upcoming IPOs in 2018
| Pommys Garments IPO | Indo US Biotech IPO | Medibios Laboratories IPO | Shree Vasu Logistics IPO |
| R R Industrial IPO | Sorich Foils IPO | 20 Microns IPO |
KBS Industries 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:
- Diversified, mature and strong manufacturing base, with robust supply chain;
- Rugged performance design of domestic electrical equipment
- State of art technology in most sub sectors at par with global standards
- Domestic availability of low cost skilled manpower
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-16 | 0.85 | 17.56 | – |
| 31-Mar-17 | 2.46 | 18.92 | – |
| 31-Mar-18 | 5.54 | 28.86 | 19.18 |
- Industry P/E Ratio:
| Particulars | P/E ratio |
| Average | 27.20 |
| Highest | 128.10 |
| Lowest | 670 |
- Competitive Peers:
| Particulars | Face Value (in Rs.) | EPS (In Rs.) | P/E Ratio | RONW (%) | NAV (In Rs.) |
| Arcotech Limited (On standalone basis) 38.30 1.72% 14.17 21.62 2.00 78,848.03 391.28 | 2 | 0.37 | 38.30 | 1.72 | 21.62 |
| Hindustan Copper Limited (On standalone basis) | 5 | 0.86 | 67.38 | 5.22 | 1.55 |
List of Latest IPOs of 2018
| Fine Organic IPO | IndoStar Capital IPO | Capricorn Food Products IPO | Flemingo Travel Retail IPO |
| Nazara Technologies IPO | Genius Consultants IPO | Rail Vikas Nigam IPO | Varroc Engineering IPO |
KBS Industries IPO Lead Managers
| Lead Managers |
| Mark Corporate Advisors Private Limited CIN: U67190MH2008PTC181996 404/1, The Summit Business Bay, Sant Janabai Road (Service Lane), Off W. E. Highway, Vile Parle (East), Mumbai-400 057. Contact Person: Mr. Manish Gaur Tel. No.: +91 22 2612 3207/08 E-Mail ID: smeipo@markcorporateadvisors.com SEBI Regn No.: INM000012128 Investor Grievance Email: investorgrievance@markcorporateadvisors.com |
KBS Industries 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- 400 059 Contact Person: Mr.Srinivas Dornala Tel No.: +91 22 62638200 Fax .:+91 022 62638299 E-Mail ID: ipo@bigshareonline.com SEBI Regn No.: INR000001385 |
Other Details:
- Statutory Auditor – M/s Shashi Dinesh & Co. ,Chartered Accountant, Kanpur
- Peer Review Auditor – M/s Shashi Dinesh & Co. ,Chartered Accountant, Kanpur
- Bankers to the Company – State Bank Of India Kanpur ,Co-operative Industrial Estate, Dada Nagar
KBS Industries 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 |
KBS Industries IPO Grey Market Premium
The KBS Industries 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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