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White Organic Retail Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹63
Issue Price
₹63
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹63
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹126,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
26 Apr 2019
Fri Completed
Done
Close Date
02 May 2019
Thu Completed
Done
Allotment
07 May 2019
Tue Completed
Done
Refund
08 May 2019
Wed Completed
Done
Demat Credit
09 May 2019
Thu Completed
Done
Listing Date
10 May 2019
Fri Completed
UPI Deadline: 02 May 2019
Issue Details
Pricing & Size
Issue Price
₹63 Face ₹10
Lot Size
2,000 shares
Min Investment
₹126,000
Total Issue Size
24,54,000 shares (aggregating up to ₹15.46 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,24,000 (5.05%)
QIB Portion
-
NII / HNI
11,64,000 (47.43%)
Retail
11,66,000 (47.51%)
Employee
-
Net Offer to Public
23,30,000 shares (aggregating up to ₹14.68 Cr)
Shareholding Pattern
Pre-Issue Shareholding
30,00,000 shares
Post-Issue Shareholding
54,54,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,26,000
HNI / NII 2 4,000 ₹2,52,000
Objects of Issue
3 objectives
1
1 Funding the working capital requirements of the Company
12.51 Cr
2
2 Issue related expenses
0.95 Cr
3
3 General corporate purposes
2.00 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Finshore Management Services Ltd.
Market Maker
Moneylicious Securities Pvt.Ltd.
IPO Timeline
Open
26 Apr
✓ Done
Close
02 May
✓ Done
Allotment
07 May
✓ Done
Listing
10 May
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
worl.ipo@linktime.co.in
Company Contact
Email
info@whiteorganics.co.in
Phone
022 25011983
Address
312A, Kailas Plaza, Vallabh Baug Lane, Ghatkopar (East), Mumbai, Maharashtra, 400077
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹63
Est. Listing
₹63
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
White Organic Retail Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹63
GMP
+₹0 (+0%)
GMP Est. Listing
₹63
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 11,64,000 (47.43%) ₹733.32 Cr
Retail Investors 11,66,000 (47.51%) ₹734.58 Cr
Total ** 24,54,000 (100.00%) ₹15,460.20 Cr
Market Maker * 1,24,000 (5.05%) ₹7.81 Cr
* Based on ₹63.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
11,64,000 (47.43%)
Retail
11,66,000 (47.51%)
Market Maker
1,24,000 (5.05%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Dec-1831-Mar-1831-Mar-17
Revenue11549.528292.76142.62
PAT450.78302.4558.68
EBITDA
Net Worth
Total Assets6022.655017.401447.81
Reserves
Borrowings
About White Organic Retail Ltd.

Incorporated in 2011, Mumbai based White Organic Retail Ltd is engaged in the trading of agriculture products such as Vegetables, Fruits, Grains, Pulses, and Cereals. Initially, before Sept 2016, the company was named as Sapna Infraventure Private Limited and involved in Real Estate Development Activity. In Oct 2016, the company started retailing and distribution operations of Organic Products. It had a store for the commercial operation at Chembur, Mumbai which is closed now. Although, the company is about to open the new store at Bhandup (West), Mumbai.

Future Plans:
The company has future plans to expand distribution and retail network, which are as follow:

1. It is planning to establish more than 40 retail outlets.
2. The company will launch new products such as Aloe Vera Juices, Incence Sticks, Aloe Vera Gel, Soap, Mukhwas, Health Powders, Syrups, Churans, Snacks, Sweetners, Cow Ghee, Jaggery, Beauty Products, etc.
3. It is also looking to introduce the capsule range of Jvara, Haldi, Amla, etc; and medicinal powders of Rasayan, Moringa, Ashwagandha, Gokharu, etc.
4. The management of the company is also looking to introduce eCommerce website and mobile application soon.
5. White Organic Retail Ltd also has plans to start export operations in future.

The competitive strengths of the company are:
1. A strong client base
2. Wide product range
3. Effective supplier relationship

Frequently Asked Questions
What is the issue price of White Organic Retail Ltd. IPO?
The issue price of White Organic Retail Ltd. IPO is ₹63 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹126,000.
What are the IPO dates?
Opens 26 Apr 2019, closes 02 May 2019.
When is the listing date?
Tentative listing: 10 May 2019 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹63 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

White Organic Retail Ltd. IPO · Expected 07 May 2019

Check on Registrar
Post-IPO Timeline
Allotment Date
07 May 2019
Refund Initiation
08 May 2019
Demat Credit
09 May 2019
Listing Date
10 May 2019
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹63
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹126,000
1 lot
Est. Listing
₹63
GMP +₹0
Key Dates
Open
26 Apr Done
Close
02 May Done
Listing
10 May Done
Registrar
MUFG Intime India Pvt.Ltd.
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