The 20 Microns IPO is a book-built offering for Rs 23.93 crore. Bidding for the 20 Microns IPO began on September 8, 2008 and finished on September 11, 2008. On September 6, 2008, the shares were listed on the BSE and NSE. The pricing range for the 20 Microns IPO is $50 to $55 per share. A lot size of 100 shares is required for an application. Retail investors must make a minimum investment of $5,500.
20 Microns Limited, founded in 1987, is India’s largest manufacturer of white minerals, with an annual output of approximately 180000 metric tons from units spread across four distinct regions of the country. 20 Microns Limited provides unique products in the fields of functional filler and extenders to the entire world. Paints, coatings, printing ink, plastics, paper, ceramics, rubber, adhesives, and sealants are just a few of the applications for 20 MICRONS goods. 20 MICRONS also produces specific goods for cosmetics, cement and concrete,
housekeeping products, detergent, and textile industries. 20 Microns Limited is an ISO 9001:2000 accredited business. The company’s operations are separated into five geographical regions: west, south, north, east, and international. Each regional division has its own manufacturing, commercial distribution, and technical facilities.
20 microns are only available in chalk, calcite, marble, and dolomite. Chalk is made up of the shells of nanofossils. This is a very fine, microcrystalline substance. Gujarat, India, is home to chalk quarries. 20ML marketing and other efforts are primarily focused on two primary categories in minerals: VAD (value-added products) and C&C (commodities and consumers). The categories are primarily designed to focus on a single market. Both sectors have distinct marketing teams to handle client requests.
20 Microns IPO Details
| IPO Date | September 8, 2008 to September 11, 2008 |
| Listing Date | September 6, 2008 |
| Face Value | ₹10 per share |
| Price Band | ₹50 to ₹55 per share |
| Lot Size | 100 Shares |
| Total Issue Size | 4,350,632 shares (aggregating up to ₹23.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
20 Microns IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹5,500 |
| Retail (Max) | 36 | 3600 | ₹198,000 |
20 Microns Company Financials
| Particulars (For the year/period ended (Rs. in Lacs)) | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 |
|---|---|---|---|---|---|
| Total Income | 10792.51 | 8784.07 | 6786.78 | 5693.57 | 5210.85 |
| Profit After Tax (PAT) | 459.08 | 357.22 | 180.10 | (631.25) | (531.16) |
Objects of the Issue (20 Microns IPO Objectives)
The objects of the issue are to achieve the benefits of listing on the stock exchanges and to raise capital.
- To augment the resources for the current ongoing expansion of its manufacturing capacity at various locations and invest in the sub micron particle sizes required by end market;
- To enable listing the Equity Shares of Company on the Stock exchanges,
- General corporate purposes.
20 Microns IPO Listing Details
| Listing Date | September 6, 2008 |
| BSE Script Code | 533022 |
| NSE Symbol | 20MICRONS |
| ISIN | INE144J01027 |
| Final Issue Price | ₹55 per share |
20 Microns Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹55.00 | ₹55.00 |
| Open | ₹50.00 | ₹80.00 |
| Low | ₹31.50 | ₹31.60 |
| High | ₹96.25 | ₹80.00 |
| Last Trade | ₹33.30 | ₹33.65 |
20 Microns Limited Contact Details
20 Microns Limited
20 Microns Limited,
9/10, GIDC Industrial Estate,
Waghodia: 391760, Vadodara, Gujarat.
Phone: + 91-2668-262001
Email: [email protected]
Website: http://www.20microns.com
20 Microns IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/mipo/ipoallotment.html
20 Microns IPO FAQs
Q1. What is a 20 Microns IPO?
Ans. 20 Microns IPO is a main-board IPO of 4,350,632 equity shares with a face value of ₹10, aggregating up to ₹23.93 crore. The issue is priced at ₹50 to ₹55 per share. The minimum order quantity is 100 shares. The IPO opens on September 8, 2008, and closes on September 11, 2008. Link Intime India Private Ltd. is the registrar for the IPO. The shares are proposed to be listed on the BSE and NSE.
Q2. When 20 Microns IPO will open?
Ans. The 20 Microns IPO opens on September 8, 2008 and closes on September 11, 2008.
Q3. What is the lot size of 20 Microns IPO?
Ans. 20 Microns IPO lot size is 100 Shares, and the minimum amount required is ₹5,500.
Q4. When is 20 Microns IPO allotment?
Ans. The finalization of Basis of Allotment for 20 Microns IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]
Q5. When is 20 Microns IPO listing date?
Ans. The 20 Microns IPO listing date is on September 6, 2008.
