HomeIPO SMEBEW Engineering Limited IPO Details

BEW Engineering Limited IPO Details

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BEW Engineering IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Subscription Status

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.

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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

DateDetails
April 11, 2011The company was originally incorporated as a private limited in Maharashtra, Mumbai with the name BEW Engineers and Works Private Limited
January 5, 2012The name of the company was changed to BEW Engineering Private Limited.
March 26, 2021The 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

DescriptionBEW Engineering IPO Details
Public IssuePublic Offer of upto 6,84,000 Equity Shares (Including market maker portion of 36,000 shares)
Issue Open  Date02-Sep-21
Issue Close Date07-Sep-21
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolBEWLTD
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

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,16,000
Maximum12000₹ 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

DetailsDate
Bid / Offer Opens on02-Sep-21
Bid / Offer Closes on07-Sep-21
Finalisation of Basis of Allotment13-Sep-21
Initiation of refunds 14-Sep-21
Credit of the Equity Shares15-Sep-21
Commencement of trading – Listing16-Sep-21

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value Total income, for Financial Year 2021
(in ₹ crore)
NAV, as on March 31, 2021
(₹ per share)
BEW Engineering Limited1073.5551.24
GMM Pfaudler Limited21,024.00362.97
HLE Glascoat10488.00103.10

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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