Naturo Indiabull IPO Details & Guidance

    Listing Price: The scrip listed at Rs.25 and showed intraday high of Rs.26

    Grey Market News for Naturo Indiabull IPO
    On 1 September 2022
    Subject to Rates#:  Rs. 23000
    GMP Rates:  Rs. 3.50 sellers

    Subscription Trend
    On 24 August 2022 @ 5.00 pm
    NII (50%) 17,28,000 Shares: 8.44 T
    RII (50%) 17,28,000 Shares: 32.08 T
    Tot 34,56,000 Shares: 20.26 T

    Naturo Indiabull IPO Details
    IPO Date August 22, 2022, to August 24, 2022
    IPO Face Value Rs 10 per share
    IPO Price Rs 30 per share
    IPO Lot Size 4000 Shares
    Issue Size 36,40,000 shares of Rs 10
    (Aggregating up to Rs 10.92 Cr)
    Fresh Issue 36,40,000 shares of Rs 10
    (Aggregating up to Rs 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

    Retail Quota: 50 % / 1728,000 Shares
    Minimum 4000 Rs 120,000
    Maximum 4000 Rs 120,000
    Retail: 432 Applications required for one-time subscriptions.

    Naturo Indiabull IPO Timetable 
    IPO Opening Date August 22, 2022
    IPO Closing Date August 24, 2022
    Basis of Allotment Aug 29 , 2022
    Initiation of Refunds Aug 30, 2022
    Credit of Shares to Demat Aug 31, 2022
    IPO Listing Date Sept 1, 2022

    Naturo Indiabull Business:

    Naturo Indiabull Limited is part of the Fast-Moving Consumer Goods (FMCG) industry which continues to be one of the biggest long-term sustainable business opportunities that the country offers. Despite being one of the fastest-growing markets globally for FMCG products, India’s per capita FMCG consumption is still amongst the lowest in the world, giving this industry a long runway for growth.

    The Company is in the business of trading of various health products and kits including Sanitary Towels, Sanitary Napkins, hand sanitiser and other health kits etc. Now the Company is diversifying its products to various health and herbal products like, juices, soaps, shampoos, medicines, tablets, etc. under the name and style of Naturo Indiabull Limited. The Company has started distribution of Samples.
    Ehe Company purchases the goods from various manufacturers and sells them in its own brand both directly to wholesellers and also through agents. Its areas of operations currently are Jaipur, Rajasthan.
    For more information about the company,Click www.naturoindiabull.com

    Promoters of Naturo Indiabull

    Ms. Jyoti Choudhary and Mr. Gaurav Jain

    Naturo Indiabull : Objects of the IPO
    Funding the working capital requirements of the company.

    Registered office of Naturo Indiabull
    1 st Floor, 51, Lohiya Colony, 200 Ft. Bye-Pass, Vaishali Nagar,
    Jaipur – 302021, Rajasthan, India
    Company Secretary and Compliance Officer: Ms. Shalini Joshi

    Lead Manager of Naturo Indiabull IPO
    Finshore Management Services ltd

    SME IPO Financial & Analytical Ratios#
    Earnings per Share 2019-20 Rs 9.85
    Earnings per Share 2020-21 Rs 1.87
    Earnings per Share 2021-22 Rs 1.70

    Return on Net Worth: 19-20: 102.28 %
    Return on Net Worth: 20-21: 10.69 %
    Return on Net Worth: 21-22: 8.80 %
    Book Value of the Share as on 31.3.22 Rs 19.30
    Offer Price Rs. 30

    IPO Peer Comparison
    The company-management believes that none of the listed companies in India offer products or services across the various business segments in which it operates

    Observation by Paresh Gordhandas ( Research Analyst )

    For Guidance : Will be updated soon

    # This is only coverage of News related to Grey Market . We donot deal in Grey market premium or Subject to rates, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

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