The Seven Hills Beverages IPO date has been confirmed to have started on August 18, 2017 and ended on August 23, 2017. Read the post to learn about Seven Hills Beverages IPO GMP.
Seven Hills Beverages IPO plans to collect Rs 4.16 crore through an initial public offering. The price is ₹26 per share, with a minimum lot size of 4000 shares. The minimum investment for retail investors is ₹104,000.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Seven Hills Beverages IPO
Bidding Dates
August 18-23
Price Range
₹26 per share
Face Value
₹10 per share
GMP
NA
Seven Hills Beverages IPO GMP
The Seven Hills Beverages Limited IPO GMP Today is NA.
Seven Hills Beverages IPO Overview
Seven Hills Beverages’ Initial Public Offering (IPO) is a fixed-price offering of Rs 4.16 crore. Seven Hills Beverages’ IPO bidding began on August 18, 2017, and ended on August 23, 2017. On Tuesday, August 29, 2017, the allotment for the Seven Hills Beverages IPO was finished. The Seven Hills Beverages IPO will go public on the NSE SME on Friday, September 1, 2017. The IPO price for Seven Hills Beverages is $26 per share. A lot size of 4000 shares is necessary for the application. Retail investors must commit at least $100,000.
SHBL has acquired a 50.49% strategic stake in Palwe Pest Control Pvt. Ltd. (“PPCPL“), making it a subsidiary. PPCPL provides pest control and related services to companies, organisations, and people. Seven Hills Beverages Limited’s IPO GMP today is NA. PPCPL has been in business for over 16 years and is a well-known brand for general pest control treatment, bird control treatment, landscaping services, and export fumigation of vessels and containers.
Seven Hills Beverages IPO Details
| IPO Date | August 18, 2017 to August 23, 2017 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹26 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,600,000 shares (aggregating up to ₹4.16 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Seven Hills Beverages IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹104,000 |
| Retail (Max) | 1 | 4000 | ₹104,000 |
Seven Hills Beverages IPO Timeline
| IPO Open Date | Friday, August 18, 2017 |
| IPO Close Date | Wednesday, August 23, 2017 |
| Basis of Allotment | Tuesday, August 29, 2017 |
| Initiation of Refunds | Wednesday, August 30, 2017 |
| Credit of Shares to Demat | Thursday, August 31, 2017 |
| Listing Date | Friday, September 1, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 23, 2017 |
Company Profile
Seven Hills Beverages Ltd, formed in 2009, manufactures bottled drinking water for Bisleri International Pvt Ltd. They have dedicated production facilities and machinery. It serves as a “Co-packer” for “Bisleri,” producing the bottles at its facilities to avoid contamination, filling them with purified water, and final sealing and packing. According to Bisleri International Pvt. Ltd’s monthly production schedule, the company’s product “packaged drinking water” is available in five pack sizes: 250 ml bottles, 500 ml, 1 litre, 2 litre, and 20-litre jars. The finished
goods are supplied every day. According to the mutual agreement, the firm produces bottled drinking water for Nasik, Shirdi, Aurangabad, and other Maharashtra towns.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Seven Hills Beverages Ltd |
| Phone number | +91 253 231 5305 |
| Email ID | [email protected] |
| Website | sevenhillsbeverages.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Customers from the United States are heavily relied on.
- To achieve compliance, these countries need strict adherence to many rules and regulations.
- Competition from other players in the market.
Seven Hills Beverages IPO FAQs
When Seven Hills Beverages IPO will open?
The Seven Hills Beverages IPO opens on August 18, 2017 and closes on August 23, 2017.
What is the lot size of Seven Hills Beverages IPO?
Seven Hills Beverages IPO lot size is 4000 Shares, and the minimum amount required is ₹104,000.
When is Seven Hills Beverages IPO listing date?
The Seven Hills Beverages IPO listing date is not yet announced. The tentative date of Seven Hills Beverages IPO listing is Friday, September 1, 2017.
