Blue Pebble Limited
Book Built Issue IPO · NSE
- Price band
- ₹159 - ₹168
- Lot size
- 800 shares
- Issue amount
- ₹18.14 cr
- Total subscription
- 56.4×
- Opens
- 26 Mar 2024
- Closes
- 28 Mar 2024
- Allotment
- 1 Apr 2024
- Listing
- 3 Apr 2024
Offer at a glance
Issue overview
- Issue size
- 10,80,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,27,200
- Fresh issue
- ₹18.14 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,34,400
- Issue type
- Book Built Issue IPO
- Shares before issue
- 30,00,000
- Shares after issue
- 40,80,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 800 | ₹1,34,400 |
| HNI | 2 | 1,600 | ₹2,68,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 3.44 | 74.89 |
| RETAIL | 6.03 | 352.41 |
| NIB | 2.59 | 253.36 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 3.8 | 6.68 | 1.27 |
| ROE | 63.39 | 93.51 | 40.04 |
| ROCE | 64.12 | 79.83 | 33.78 |
| RONW | 48.14 | 63.72 | 33.36 |
| PRE IPO(PE) | 8.31 | 0 | 0 |
| POST IPO(PE) | 25.16 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Aspire & Innovative Advertising Limited, established in 2017, has positioned itself as a key player in the consumer durables market, offering a wide array of products, including kitchen and home appliances, white goods, mobile phones, accessories, and solar products. Partnering with leading brands such as Bajaj, Prestige, Vivo, and Samsung, the company operates under an asset-light model, focusing on facilitation fees and commissions while providing marketing, field staff interaction, demand collation, and financial services to rural and semi-urban consumers. With a product portfolio exceeding 50 items and commercial arrangements with over 15 intermediaries, the company ensures seamless distribution through 19 warehouses spanning 16 states. Backed by a dedicated workforce of 49 full-time employees as of November 30, 2023, Aspire & Innovative Advertising Limited remains committed to expanding its market presence and delivering value-driven solutions to its customers.
Strengths
- Customer Loyalty & Market Stability: Strong relationships with customers enhance retention and brand reputation.
- Effective Leadership: An experienced management team drives strategic growth and operational efficiency.
- Reliable Supply Chain: Established supplier relationships help maintain product quality, timely deliveries, and cost advantages.
- Competitive Edge in Design & Execution: Advanced capabilities in innovation and implementation allow the company to meet customer demands effectively and expand market presence.
Risk factors
- Project Risk Management: Implementing robust project planning and monitoring strategies can help mitigate time and cost overruns, ensuring efficient execution and financial stability.
- Market Responsiveness: Staying attuned to customer preferences and continuously innovating product designs will be crucial to maintaining demand and relevance.
- Competitive Strategy: Differentiation through quality, pricing, customer service, and innovation will be key in navigating competition and sustaining profitability.
Promoters
Nalin Gagrani
Karuna Nalin Gagrani
Manoj Bhushan Tiwari
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
B-1201, Titanium Towers, Opp. Star Bazar, Nr. D N Nagar Metro Station, Andheri West, Mumbai - 400053
+91- 9820132955
[email protected]Company website ↗Understanding BLUEPEBBLE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.