Oriental Trimex IPO
Oriental Trimex IPO — date, price band, lot size & details 2007
Oriental Trimex listed on 7 Mar 2007 at ₹50.1, 4.4% above the ₹48 issue price.
Oriental Trimex trades and processes marble, granite and other building materials, with a marble processing plant at Greater Noida. Its total income was Rs 5,204.16 lakhs in FY2006.
Stock price
Oriental Trimex 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 08 Feb 2007
- Close 14 Feb 2007
- Allotment 26 Feb 2007
- Refund/credit TBA
- Listing 07 Mar 2007
Issue summary
The terms of the offer, as filed.
| IPO Dates | 8 to 14 Feb, 2007 |
|---|---|
| Price Band | ₹40 – ₹48 |
| Face Value | ₹10 |
| Lot Size | 125 Shares |
| Issue Size | ₹44.7 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | Beetal Financial & Computer Services Pvt.Ltd. |
| Min Investment | ₹ 6,000 |
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 125 shares at the ₹48 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 125 | ₹6,000 |
| Retail (max) | 33 | 4,125 | ₹1,98,000 |
| S-HNI (min) | 34 | 4,250 | ₹2,04,000 |
| S-HNI (max) | 166 | 20,750 | ₹9,96,000 |
| B-HNI (min) | 167 | 20,875 | ₹10,02,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 2,260.12 lakhs in FY2004 to Rs 5,204.16 lakhs in FY2006.
- 02Net profit after tax rose from Rs 57.54 lakhs in FY2005 to Rs 276.25 lakhs in FY2006.
- 03Marble processing capacity was set to rise from 12,600 MTPA to 50,400 MTPA.
- 04Return on net worth was 40.89%.
Risks · 5
- 01Trading income depends on stone prices; total income was Rs 2,541.32 lakhs in FY2005 before jumping in FY2006.
- 02The planned capacity expansion was 4 times its existing plant.
- 03Its profit record was short, with only Rs 57.54 lakhs in FY2005.
- 04Building material demand follows the property cycle; it had traded stones since 1996.
- 05Promoter holding fell from 99.98% before the issue to 39.37% after it, a low stake.
Three years of numbers
All figures in ₹ crore, as reported in the Oriental Trimex offer document.
| Metric | 15 Dec 2006 | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|---|
| Total Income | 53.23 | 52.04 | 25.41 | 22.60 |
| Profit After Tax | 2.77 | 2.76 | 0.58 | 0.55 |
| NET Worth | 10.05 | 6.76 | 4.15 | 3.10 |
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 Oriental Trimex RHP.
Where the money goes
₹57.88 Cr of the issue is earmarked to named objects.
About the company
It trades and processes marble, granite and other stones.
Its marble processing plant at Greater Noida, Uttar Pradesh, had capacity of 12,600 MTPA, to rise to 50,400 MTPA after expansion.
The IPO was Rs 44.70 crore at Rs 48, the top of the Rs 40 to Rs 48 band, of which Rs 41.82 crore was fresh issue.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
011-42959000/42959009
The bankers & the filings
Who is running the book, and the documents this page is built from.
Oriental Trimex 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.
Almondz Global Securities Ltd
23 issues handledBest listing: Amar Remedies (+100.0%). Weakest: First Winner Industries (-12.0%).
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 Oriental Trimex?
The current Grey Market Premium is ₹0.
What is the Oriental Trimex IPO price band?
₹40 to ₹48, on a face value of ₹10.
When is the allotment?
The basis of allotment is 26 February 2007, with listing on 7 March 2007.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Beetal Financial & Computer Services Pvt.Ltd..
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.
