BEW Engineering IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About BEW Engineering
- Important Details – BEW Engineering
- Objects of the Issue
- BEW Engineering Limited Financials:
- BEW Engineering IPO Price – Details
- BEW Engineering IPO DRHP & RHP
- BEW Engineering IPO Lot Size
- BEW Engineering IPO Lead Managers
- BEW Engineering Registrar
- BEW Engineering IPO Allotment Date, Listing Date, and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- BEW Engineering IPO – FAQS
About BEW Engineering
The company was incorporated in the year 2011, however Promoter, Mr. Prakash Lade has been in this business since 1974. The first manufacturing facility was set up by Mr. Prakash Lade and Mr. V Khokrale in Partnership firm viz. Bifriends Engineering Works. Second manufacturing facility was set up in 1993 under group company Sterling Fabricating Engineers Private Limited. The company was established in 2011 to consolidate the operations of BEW group under one roof. In January 2018, Lade family took 100% management control of the group by buying the Khokrale family‘s stake in the Company.
The Company is engaged in the design and manufacture of Pharmaceutical & Chemical plants and process equipment. The Company design and manufacture a special range of filtration, mixing, and drying equipment specifically used in Pharmaceuticals, Sterile Applications, Intermediate Compounds, Fine Chemicals, Chemicals, Agro Chemicals, Pesticides, Insecticides, Dyes and Food Products. These equipment are manufactured from materials such as Stainless Steel, Alloy Steel, Hastelloy, etc. with various linings as per International Codes: a) IS b) BS c) ASME d) TEMA e) DIN f) CE Marks, etc.
Important Details – BEW Engineering
| Date | Details |
|---|---|
| April 11, 2011 | The company was originally incorporated as a private limited in Maharashtra, Mumbai with the name BEW Engineers and Works Private Limited |
| January 5, 2012 | The name of the company was changed to BEW Engineering Private Limited. |
| March 26, 2021 | The company was converted into a public limited company and the name of the company was changed to BEW Engineering Limited |
Objects of the Issue
1.Meeting additional Working Capital Requirements, and
2.General Corporate Purpose
BEW Engineering Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakhs) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 7,254.08 | 6,032.61 | 5,089.57 |
| Total income | 7,354.59 | 6,771.01 | 6,384.53 |
| Profit After Tax | 286.53 | 65.88 | 70.57 |
BEW Engineering IPO Price – Details
| Description | BEW Engineering IPO Details |
|---|---|
| Public Issue | Public Offer of upto 6,84,000 Equity Shares (Including market maker portion of 36,000 shares) |
| Issue Open Date | 02-Sep-21 |
| Issue Close Date | 07-Sep-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 58 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | BEWLTD |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
BEW Engineering IPO DRHP & RHP
BEW Engineering IPO DRHP
BEW Engineering IPO RHP
BEW Engineering IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 1,16,000 |
| Maximum | 1 | 2000 | ₹ 1,16,000 |
BEW Engineering IPO Lead Managers
- First Overseas Capital Limited
BEW Engineering Registrar
- Bigshare Services Private Limited
BEW Engineering IPO Allotment Date, Listing Date, and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 02-Sep-21 |
| Bid / Offer Closes on | 07-Sep-21 |
| Finalisation of Basis of Allotment | 13-Sep-21 |
| Initiation of refunds | 14-Sep-21 |
| Credit of the Equity Shares | 15-Sep-21 |
| Commencement of trading – Listing | 16-Sep-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | Total income, for Financial Year 2021 (in ₹ crore) | NAV, as on March 31, 2021 (₹ per share) |
| BEW Engineering Limited | 10 | 73.55 | 51.24 |
| GMM Pfaudler Limited | 2 | 1,024.00 | 362.97 |
| HLE Glascoat | 10 | 488.00 | 103.10 |
Company Registered Office
FE-10 MIDC Phase No. II,
Manpada Road, Dombivali (East),
Maharashtra 421 204, India
Company Promoters
- Prakash Balachandra Lade
- Rohan Prakash Lade
BEW Engineering IPO – FAQS
When BEW Engineering IPO will open?
The BEW Engineering IPO opens on Sep 02, 2021 and closes on Sep 07, 2021
What is the lot size of BEW Engineering IPO?
The BEW Engineering IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
What is the price band for BEW Engineering IPO?
The BEW Engineering IPO price band at ₹ 58 per share
Who is the Registrar for BEW Engineering IPO?
The Registrar is Bigshare Services Private Limited
How to apply in BEW Engineering IPO through UPI?
Check the step by step process here – Click here
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