Incorporated in 2016, Naturo Indiabull is in the business of the Fast-Moving Consumer Goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents.
It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits. Currently, it is diversifying its product portfolio to health and herbal products i.e., soaps, shampoos, medicines, juices, tablets, etc.
Competitive strengths
- A broad range of products helps to cater to a diversified customer base.
- Long-term relationship with customers.
- Qualified and experienced management.
- Strong relationship with suppliers.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 951.17 | 802.76 | 78.8 | 77.04 | 72.04 |
| 31-Mar-21 | 1312.04 | 700.72 | 74.57 | 697.29 | 671.31 |
| 31-Mar-22 | 1343.94 | 1144.63 | 109.22 | 1241.51 | 585.71 |
| Amount in ₹ Lakhs |
Objects of the Issue
The company aims to raise funds for the following purposes;/p>
- To meet the working capital requirements.
- General corporate purposes.
- To meet the issue expenses.
Naturo Indiabull IPO Details
| Naturo Indiabull IPO Date | Aug 22, 2022 to Aug 24, 2022 |
| Naturo Indiabull IPO Face Value | ₹10 per share |
| Naturo Indiabull IPO Price | ₹30 per share |
| Naturo Indiabull IPO Lot Size | 4000 Shares |
| Issue Size | 3,640,000 shares of ₹10 (aggregating up to ₹10.92 Cr) |
| Fresh Issue | 3,640,000 shares of ₹10 (aggregating up to ₹10.92 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Ms. Jyoti Choudhary and Mr. Gaurav Jain are the company promoters. |
Naturo Indiabull IPO Timeline (Tentative Timetable)
Naturo Indiabull IPO opens on Aug 22, 2022, and closes on Aug 24, 2022. The Naturo Indiabull IPO bid date is from Aug 22, 2022 10.00 A.M. to Aug 24, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Naturo Indiabull IPO Opening Date | Aug 22, 2022 |
| Naturo Indiabull IPO Closing Date | Aug 24, 2022 |
| Basis of Allotment | Aug 29, 2022 |
| Initiation of Refunds | Aug 30, 2022 |
| Credit of Shares to Demat | Sep 1, 2022 |
| Naturo Indiabull IPO Listing Date | Sep 2, 2022 |
Naturo Indiabull IPO Lot Size
The Naturo Indiabull IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹120,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹120,000 |
| Maximum | 1 | 4000 | ₹120,000 |
Naturo Indiabull IPO Promoter Holding
| Pre Issue Share Holding | 42.17% |
| Post Issue Share Holding | 27.12% |
Naturo Indiabull IPO Review
The company has fared averagely in the last three fiscals after changing its business line. However, it has nothing to do with the Indiabull group. Even with the boosted profits for FY22, its IPO is greedily priced. There is no harm in ignoring this high-priced bet. Read detail review…
Naturo Indiabull IPO Subscription Status (Bidding Detail)
The Naturo Indiabull IPO is subscribed 0.24 times on Aug 22, 2022 11:17:00 AM. The public issue subscribed 0.34 times in the retail category, times in the QIB category, and 0.13 times in the NII category. Check Day by Day Subscription Details (Live Status) Reload Subscription
| Category | Subscription (times) |
|---|---|
| NII | 0.13 |
| Retail | 0.34 |
| Total | 0.24 |
Naturo Indiabull IPO Prospectus
Company Contact Information
Naturo Indiabull Limited
1st Floor, 51, Lohiya Colony, 2
200 Ft. Bye-Pass, Vaishali Nagar,
Jaipur – 302021
Phone: +91 99282 34076
Email: cs@naturoindiabull.com
Website: http://www.naturoindiabull.com/
Naturo Indiabull IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: nil.ipo@linkintime.co.in
Website: https://linkintime.co.in/