Bhatia Communications & Retail (India) Limited IPO

Add to Calendar 2018-02-08 12:00 AM 2018-02-12 12:00 AM Asia/Kolkata Bhatia Communications & Retail (India) Limited IPO Bhatia Communications & Retail (India) Limited India

Bhatia Communications & Retail (India) Limited are engaged into retail and wholesale distribution business of mobile related products. 

Date of establishment: Bhatia Communications & Retail (India) was established in 2008.  

Product & Service Offering: Bhatia Communications & Retail (India) sells mobile handsets, data cards, tablets, mobile accessories etc. The company also provides credit facilities to its customers.

Promoters of Bhatia Communications & Retail (India) Ltd.: The promoters of the firm are Mr. Sanjeev Bhatia, Mr. Nikhil Bhatia and Mr. Harbanslal Bhatia.

Customer segment: The company offers its services to retail customers in mobile and its accessories segment.

Objects of the Issue:

The Offer consists of fresh issue and offer for sale.

Offer for sale – The company will not receive any proceeds from offer for sale.


 Fresh issue – The company proposes to utilize the net proceeds from the fresh issue towards:

-      Working capital requirements
-      General corporate purposes
-      Issue related expenses


Company Financials:


For the year/period ended (in Rs. million)








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Issue Detail

  • Issue Open: Feb 08, 2018
  • Issue Close: Feb 12, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 150 Per Equity Share
  • Bid Lot:1000 Shares
  • Minimum Order Quantity:1000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 24.75 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 783,00 783,00 - 84,000 1,650,000
Day 1 - Feb 08, 2018IST 0 656,000 27,000 - - 683,000
Day 2 - Feb 09, 2018IST 4,000 1,163,000 50,000 - - 1,217,000
Day 3 - Feb 12, 2018IST 4,000 1,551,000 573,000 - - 2,128,000

Listing Day Trading Information

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