Fine Organics is coming up with an IPO. The company is based in Mumbai and incorporated in 2002. Fine Organics is a manufacturer of oleochemical-based additives. They are leading producers of specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, lubes and several other specialty applications. They have products facilities at Ambernath, Badlapur and Dombivli in Maharashtra. They are 64300 tonnes production capacity as per 2017 reports. They have over 500 full time employees on payroll. They have strong R&D capability and developed over 46 new products since 2014.
Fine Organics IPO Review:
- Apply for Long Term
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Fine Organics IPO Dates & Price Band: (Approx)
- IPO Open: 20-June-2018
- IPO Close: 22-June-2018
- IPO Size: Approx Rs. 601 Crore (Approx)
- Face Value: Rs. 5 Per Equity Share
- Price Band: Rs.780 to 783 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 7,664,994 Shares
Fine Organics IPO Market Lot:
- Shares: Apply for 19 Shares (Minimum Lot Size)
- Amount: Rs.14,877
Fine Organics IPO Allotment & Listing:
- Basis of Allotment: 28-June-2018
- Refunds: 29-June-2018
- Credit to demat accounts: 29-June-2018
- Listing: 02–July-2018
Fine Organics Financial:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2013 | 497.5 | 466.6 | 20.9 | ||
| 2014 | 574.2 | 479.6 | 61.7 | ||
| 2015 | 616.5 | 530.9 | 57.1 | ||
| 2016 | 667.7 | 550.8 | 76.2 | ||
| 2017 | 792.7 | 671.8 | 77.7 | ||
| 2018 (9M) | 594.7 | 500.2 | 58.5 | ||
Company Promoters:
- Prakash Damodar Kamat
- Mukesh Maganlal Shah
- Jyotsna Ramesh Shah
- Jayen Ramesh Shah
- Tushar Ramesh Shah
- Bimal Mukesh Shah
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus
Fine Organics IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward.ris@karvy.com
Website: http://karisma.karvy.com
Fine Organics IPO Lead Managers:
- Edelweiss Capital Limited
- JM Financial Consultants Private Limited
Company Address:
Fine Organic Industries Limited
Fine House,
Anandji Lane
Ghatkopar (East), Mumbai 400 077
Phone: (91 22) 2102 5000
Fax: (91 22) 2102 8899
Email: investors@fineorganics.com
Website: http://www.fineorganics.com
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