Salebhai Internet Limited IPO

Salebhai Internet Limited

Issue Open

Jul 27, 2018

Price Band

₹ 105

Issue Size

₹ 23.73 Cr

Credit of Shares to Demat

-

Issue Close

Aug 01, 2018

Bid Lot

1200

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

1200

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Nov 30, -0001

Refunds

-

About the company:

Salebhai Internet Limited was incorporated as a private limited company on 06th of April 2015 under Companies Act 2013 vide certificate of incorporation issued by Registrar of Companies, Ahmedabad, Gujarat. It is an Indian e-commerce portal that enables the clients to order regional products across India. It offers consumables items, handicrafts, puja items among other products that satisfy the needs of the customers across India.

Date of Incorporation: Salebhai Internet Limited was originally incorporated as ‘Salebhai Internet Private Limited’ under the Companies Act 2013, vide certificate of incorporation issued by Registrar of Companies, Ahmedabad, Gujarat on 6th of April 2015. This company was reformed to ‘Salebhai Internet Limited’ as a public limited company on 12th of February 2018 by the Registrar of Companies, Ahmedabad, Gujarat.

Promoters of Salebhai Internet Limited: Mr Vishwavijay M. Singh, Mr Anandprakash Varani and Ms Purba Kalita are the promoters of Salebhai Internet Limited.

Products and Services Offering: Salebhai Internet Limited is an Indian e-commerce portal that has diversified products across several segments which include:

- Consumable items like sweets, namkeen, bakery, chocolates, pickles among others.

- Handicrafts.

- Paintings.

- Puja items.

- Handloom goods.  

- Herbal & wellness items.

Customer Segments: Salebhai Internet Limited has varied consumer segments as being online portal it serves the need of consumer across India.

Objects of Salebhai Internet Limited IPO:

The primary objective of Salebhai Internet Limited IPO are:

- Operating Expenditure

- Customer Acquisition

- IT Development

- General Corporate Purpose

- Brand Building & Promotion

- Issue Expense

Company Financials:

Particulars

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

 

31-Jan-18

31-Mar-17

31-Mar-16

Total Assets

664.03

97.05

10.57

Total Revenue

113.29

46.02

3.7

Profit After Tax

-159.87

-288.11

-111.19

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