Naturo Indiabull IPO Details: The Naturo Indiabull IPO date has been set. The IPO will begin on August 22 and end on August 24, 2022. Naturo Indiabull Limited operates in the fast-moving consumer goods industry, also known as the FMCG industry. The company purchases products from manufacturers and sells them directly to wholesalers under their own brand. Their products are also sold through their agents. The Jaipur-based company was founded in 2016.
Naturo Indiabull IPO Details
|IPO Opening Date||Aug 22, 2022|
|IPO Closing Date||Aug 24, 2022|
|Price Band||Rs. 30 per share|
|Lot Size||4000 Shares|
|Issue Size (Rs. Cr.)||3,640,000 shares of Rs. 10 (aggregating up to Rs. 10.92 Cr)|
|Fresh Issue||3,640,000 shares of Rs. 10 (aggregating up to Rs. 10.92 Cr)|
|Face Value||Rs. 10 per share|
|Issue Type||Fixed Price Issue IPO|
|Exchange Board||BSE SME|
|Retail Shares Offered||50% of the net offer|
|NII (HNI) Shares Offered||50% of the net offer|
|Basis of Allotment Date||Aug 29, 2022|
|Initiation of Refunds||Aug 30, 2022|
|Credit of Shares to Demat Account||Sep 1, 2022|
|Upsurge Seeds of Agriculture IPO Listing Date||ep 2, 2022|
Naturo Indiabull IPO Date
The Naturo Indiabull IPO will take place on August 22, 2022, and will end on August 24, 2022. The allotment will be finalised on August 29, 2022, and the IPO may go public on September 1, 2022.
Naturo Indiabull IPO Price
Naturo Indiabull IPO price is Rs. 30 per equity share. Naturo Indiabull IPO face value is Rs. 10 per equity share.
Naturo Indiabull IPO Issue Size
Naturo Indiabull IPO size is Rs. 10.92 cores. Naturo Indiabull IPO issue type is Fixed Price Issue IPO. It is anticipated that the offering will generate 1,000 lakhs in gross proceeds.
Naturo Indiabull IPO Lot Size
The minimum market lot for the Naturo Indiabull IPO is 1 lot with 4000 shares and a Rs. 120,000 application fee. Retail investors can apply for up to 1 lot of 4000 shares or Rs. 120,000.
About Naturo Indiabull IPO
Naturo Indiabull was founded in 2016 and operates in the Fast-Moving Consumer Goods industry. The brand buys a variety of products from manufacturers and sells them under its own brand to wholesalers and agents.
Its products include garments, textiles, jewellery, FMCG, real estate, stone mines, herbal products, automobiles, printing, share trading, education, agriculture seeds and fertilisers, hospitality, and food items. It also sells health products and kits such as sanitary towels, sanitary napkins, hand sanitizer, and other health supplies. It is currently expanding its product portfolio to include health and herbal products such as soaps, shampoos, medicines, juices, tablets, and so on.
Promotors of Naturo Indiabull IPO
Ms. Jyoti Choudhary and Mr. Gaurav Jain are the company promoters.