The Burnpur Cement IPO is a fixed-price offering worth Rs 26.28 crore. Bidding for the Burnpur Cement IPO began on November 28, 2007 and finished on December 3, 2007. On January 3, 2008, the shares were listed on the BSE and NSE. The IPO price for Burnpur Cement is $12 per share. A lot size of 500 shares is required for an application. Retail investors must make a minimum commitment of $6,000.
Burnpur Cement Limited (BCL), founded in 1986, is a significant cement producing firm in eastern India. BCL has a substantial market share in West Bengal, Bihar, and Jharkhand. BCL currently has a manufacturing capacity of 1000 TPD. Burnpur Cement has ISO 9001 and IS 455: 1989 certifications. BCL’s current plant is in Kanyapur, Burdwan, West Bengal.
Objects of the Issue (Burnpur Cement IPO Objectives)
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital to
- To set up an Integrated clinkerization and cement grinding plant of 800 TPD capacity, expandable to 1600 TPD, in the Hazaribagh district of Jharkhand at Patratu Industrial Estate, for manufacturing clinker, ordinary Portland cement (OPC), Portland pozzolona cement (PPC), and Portland slag cement (PSC).
Burnpur Cement IPO Details
| IPO Date | November 28, 2007 to December 3, 2007 |
| Listing Date | January 3, 2008 |
| Face Value | ₹10 per share |
| Price | ₹12 per share |
| Lot Size | 500 Shares |
| Total Issue Size | 21,900,000 shares (aggregating up to ₹26.28 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE, NSE |
Burnpur Cement IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 500 | ₹6,000 |
| Retail (Max) | 33 | 16500 | ₹198,000 |
Burnpur Cement IPO Listing Details
| Listing Date | January 3, 2008 |
| BSE Script Code | 532931 |
| NSE Symbol | BURNPUR |
| ISIN | INE817H01014 |
| Final Issue Price | ₹12 per share |
Burnpur Cement Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹12.00 | ₹12.00 |
| Open | ₹18.45 | ₹15.00 |
| Low | ₹17.80 | ₹15.00 |
| High | ₹49.00 | ₹50.50 |
| Last Trade | ₹46.35 | ₹48.05 |
Burnpur Cement Limited Contact Details
Burnpur Cement Limited
Cement house, Saradapally,
Ashoknagar P.O. Asansol- 713304,
Dist.: Burdwan (West Bengal), India
Phone: +91-341-2250663
Email: [email protected]
Website: http://www.burnpurcement.com
Burnpur Cement IPO Registrar
Niche Technologies Pvt. Ltd
Phone: 2235-7270/ 7271
Email: [email protected]
Website: http://www.nichetechpl.com
Burnpur Cement IPO FAQs
Q1. What is the Burnpur Cement IPO?
Ans. Burnpur Cement IPO is a main-board IPO of 21,900,000 equity shares of the face value of ₹10 aggregating up to ₹26.28 Crores. The issue is priced at ₹12 per share. The minimum order quantity is 500 Shares. The IPO opens on November 28, 2007, and closes on December 3, 2007. Niche Technologies Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on the BSE and NSE.
Q2. When Burnpur Cement IPO will open?
Ans. The Burnpur Cement IPO opens on November 28, 2007 and closes on December 3, 2007.
Q3. What is the lot size of Burnpur Cement IPO?
Ans. Burnpur Cement IPO lot size is 500 Shares, and the minimum amount required is ₹6,000.
Q4. When is Burnpur Cement IPO allotment?
Ans. The finalization of Basis of Allotment for Burnpur Cement IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
Q5. When is Burnpur Cement IPO listing date?
Ans. The Burnpur Cement IPO listing date is on January 3, 2008.
