The Felix Industries IPO date has confirmed from November 23, 2017 and ended on November 27, 2017.
Using an IPO, Felix Industries is seeking to raise Rs 4.79 crores. Its price is ₹35 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹140,000.
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Bidding Dates
November 23-27
Price Range
₹35 per share
Face Value
₹10 per share
GMP
₹148.20
Felix Industries IPO GMP
The Felix Industries Limited IPO GMP is ₹148.20.
IPO Overview
The Felix Industries IPO has a fixed price of Rs 4.79 crore. The bidding for Felix Industries’ initial public offering (IPO) began on November 23, 2017 and ended on November 27, 2017. On December 5, 2017, the shares were listed on the NSE SME. The IPO price for Felix Industries is $35 per share. A lot size of 4000 shares is required for an application. Retail investors must make a minimum commitment of $140,000.
Felix Industries’ Go-Green concept expands on the basic principle of recycling and reusing industrial effluent, which ensures maximum recovery and thereby decreases waste water discharge. Felix is a government-approved e-waste recycling company with a yearly processing capacity of 6000 MT and one of India’s greatest recycling facilities. The E-Waste collected across India is handled in the company’s facilities in Gandhinagar’s Electronic Estate, where activities such as e-waste collection, storage, disassembly, and segregation take place.
Felix Industries IPO Details
| IPO Date | November 23, 2017 to November 27, 2017 |
| Listing Date | December 5, 2017 |
| Face Value | ₹10 per share |
| Price | ₹35 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,368,000 shares (aggregating up to ₹4.79 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Felix Industries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹140,000 |
| Retail (Max) | 1 | 4000 | ₹140,000 |
Felix Industries IPO Listing Details
| Listing Date | December 5, 2017 |
| BSE Script Code | |
| NSE Symbol | FELIX |
| ISIN | INE901X01013 |
| Final Issue Price | ₹35 per share |
Company Profile
Felix Industries Ltd, founded in 2012, is an Ahmedabad, Gujarat-based environmental conservation company with the mission of Recycle-Reuse-Recover-Reduce. Water and waste water recycling, industrial piping, nano products (membrane technologies), and e-waste recycling are among the company’s business segments. Felix’s water treatment section serves industries such as steel, chemical, pharmaceutical, plastic, paper & pulp, leather, automotive, textile & dyes, food and dairy, among others.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | hena.shah@felixindustries.co |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Felix Industries Limited |
| Phone number | +91 79 26463658 / 59 |
| Email ID | hena.shah@felixindustries.co |
| Website | felixindustries.co |
IPO Strenghts
- 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.
