The Add-Shop Promotions date has been confirmed from August 21, 2018 and ended on August 30, 2018. Read the post to learn about Add-Shop Promotions IPO GMP.
Add-Shop Promotions Developers’ IPO is a fixed-price offering of Rs 6.23 crore. The price is ₹26 per share. The minimum lot size for an application is 4000 shares. Add-Shop Promotions’ IPO GMP today is ₹31.22. The minimum investment for retail investors is ₹104,000.
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Key Details Of Add-Shop Promotions IPO:
Bidding Dates
August 21-30
Price Range
₹26 per share
Face Value
₹10 per share
GMP
₹31.22
Add-Shop Promotions IPO GMP
The Add-Shop Promotions IPO GMP Today is ₹31.22.
IPO Overview
Add-Shop Promotions’ IPO is a fixed-price sale for Rs 6.23 crore. Add-Shop Promotions’ IPO bidding began on August 21, 2018 and ended on August 30, 2018. The allotment for Add-Shop Promotions’ IPO was completed on Wednesday, September 5, 2018. The stock was listed on the BSE SME on September 10, 2018. The Add-Shop Promotions IPO price is ₹26 per share.
The minimum lot size for an application is 4000 shares. The minimum investment for retail investors is ₹104,000. The restated profit/loss after tax for the three months ending June 2018 and the financial years 2018, 2017, and 2016 were Rs. 16.37 lakhs, Rs. 22.96 lakhs, 14.69 lakhs, and Rs. (0.38) lakhs, respectively. The company’s payroll includes 16 regular employees.
Add-Shop Promotions IPO Details
| IPO Date | August 21, 2018 to August 30, 2018 |
| Listing Date | September 10, 2018 |
| Face Value | ₹10 per share |
| Price | ₹26 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 2,396,000 shares (aggregating up to ₹6.23 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 132,000 shares |
Add-Shop Promotions Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-June-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
| Total Assets | 806.69 | 757.72 | 83.85 | 41.58 | 1.00 | 1.00 |
| Total Revenue | 384.41 | 1,254.90 | 455.41 | 192.67 | — | — |
| Profit After Tax | 16.37 | 22.96 | 14.69 | (0.38) | — | — |
Add-Shop Promotions IPO Timeline
| IPO Open Date | Tuesday, August 21, 2018 |
| IPO Close Date | Thursday, August 30, 2018 |
| Basis of Allotment | Wednesday, September 5, 2018 |
| Initiation of Refunds | Thursday, September 6, 2018 |
| Credit of Shares to Demat | Friday, September 7, 2018 |
| Listing Date | Monday, September 10, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 30, 2018 |
Company Profile
Add-Shop Promotions Limited, founded in 2013, is a Gujarat-based company that markets and distributes ayurvedic, food supplements, agricultural products, animal feed supplements, and personal care items under the brand name “Add-Shop Promotions”. The company sells products made by certain manufacturers under its brand to retailers and distributors. It sources finished products from certified producers and markets them through a network of middlemen and sales agents. Add-shop has partnered with Marss Herbal (India), a manufacturer of
herbal and natural-use items. The company sells its manufactured products under the “ADD-Shop” name. To expand significant markets, Add-shop has signed agreements with different collecting and forwarding agents (C&Fs), including Panchlingeshwara Enterprises in Karnataka, Just Need United Trading in Maharashtra, and Good Life Enterprises in Telangana. The Company’s total revenue as restated for the three months ended June 2018 and the fiscal years 2018, 2017, and 2016 was Rs.381.41 lakhs, Rs.1254.90 lakhs, Rs.455.41 lakhs, and Rs.192.67 lakhs.
Registrar Info
| Name | Cameo Corporate Services Limited |
| Phone number | +91-44-28460390 |
| Email ID | [email protected] |
| Website | ipo.cameoindia.com |
Contact Details
| Name | Add-Shop Promotions Limited |
| Phone number | 0281-2580499 |
| Email ID | [email protected] |
| Website | addshop.co |
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
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Add-Shop Promotions IPO FAQs
When Add-Shop Promotions IPO will open?
The Add-Shop Promotions IPO opens on August 21, 2018 and closes on August 30, 2018.
What is the lot size of Add-Shop Promotions IPO?
Add-Shop Promotions IPO lot size is 4000 Shares, and the minimum amount required is ₹104,000.
When is Add-Shop Promotions IPO allotment?
The finalization of Basis of Allotment for Add-Shop Promotions IPO will be done on Wednesday, September 5, 2018, and the allotted shares will be credited to your demat account by Friday, September 7, 2018.
When is Add-Shop Promotions IPO listing date?
The Add-Shop Promotions IPO listing date is on September 10, 2018.
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