Bartronics India IPO
Bartronics India IPO — date, price band, lot size & details 2005
Bartronics India listed on 12 Jan 2006 at ₹106, 41.3% above the ₹75 issue price.
Bartronics India is a Hyderabad based company that provides automatic identification solutions such as barcoding, biometrics and RFID. Its total income was Rs 18.17 crore in FY2005.
Stock price
Bartronics India is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 20 Dec 2005
- Close 24 Dec 2005
- Allotment 04 Jan 2006
- Refund/credit TBA
- Listing 12 Jan 2006
Issue summary
The terms of the offer, as filed.
| IPO Dates | 20 to 24 Dec, 2005 |
|---|---|
| Price Band | ₹63 – ₹75 |
| Face Value | ₹10 |
| Lot Size | 90 Shares |
| Issue Size | ₹48.75 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 6,750 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 90 shares at the ₹75 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 90 | ₹6,750 |
| Retail (max) | 29 | 2,610 | ₹1,95,750 |
| S-HNI (min) | 30 | 2,700 | ₹2,02,500 |
| S-HNI (max) | 148 | 13,320 | ₹9,99,000 |
| B-HNI (min) | 149 | 13,410 | ₹10,05,750 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 12.58 crore in FY2004 to Rs 18.17 crore in FY2005.
- 02Profit after tax rose from Rs 1.35 crore in FY2004 to Rs 2.68 crore in six months to September 2005.
- 03Net worth doubled from Rs 10.42 crore in FY2005 to Rs 20.60 crore in September 2005.
- 04It planned 4 overseas branches to grow abroad.
Risks · 5
- 01It had not identified locations for its planned 2 domestic and 4 overseas branches.
- 02It is a small company, with total income of Rs 18.17 crore in FY2005, raising Rs 48.75 crore.
- 03Technology in identification systems changes fast; total assets were Rs 30.19 crore.
- 04Expanding into 4 new countries brings currency and execution risk.
- 05Promoter group holding fell from 100% before the issue to 58.82% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Bartronics India offer document.
| Metric | 30 Sep 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 30.19 | 21.07 | 15.82 |
| Total Income | 12.82 | 18.17 | 12.58 |
| Profit After Tax | 2.68 | 2.40 | 1.35 |
| NET Worth | 20.60 | 10.42 | 7.83 |
| Reserves and Surplus | 12.56 | 6.07 | 3.46 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Bartronics India RHP.
Where the money goes
₹33.30 Cr of the issue is earmarked to named objects.
About the company
It provides automatic identification and data capture (AIDC) solutions, starting with barcoding and expanding into biometrics and RFID, with system integration services.
It planned new branches in Ahmedabad and Gauhati and overseas in Sri Lanka, Bangladesh, Dubai and Mauritius, but had not yet chosen the locations.
The IPO was Rs 48.75 crore at Rs 75, the top of the Rs 63 to Rs 75 band, with up to 6,00,000 shares reserved for employees.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Bartronics India IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Centrum Capital Ltd.
27 issues handledBest listing: Nandan Exim (+140.0%). Weakest: Prime Focus (-22.8%).
Karvy Investor Services Ltd
31 issues handledBest listing: Ramkrishna Forgings (+92.3%). Weakest: Astral Poly Technik (-10.4%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Bartronics India?
The current Grey Market Premium is ₹0.
What is the Bartronics India IPO price band?
₹63 to ₹75, on a face value of ₹10.
When is the allotment?
The basis of allotment is 4 January 2006, with listing on 12 January 2006.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
