247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Benara Bearings & Pistons Ltd IPO (Benara Bearings & Pistons Ltd IPO) Details

Benara Bearings & Pistons Ltd is an Engineering - Automotive based company, located in Agra, Benara Bearings & Pistons Ltd IPO size was 33.49 Cr. and was issued at 63.00 per share. The share of Benara Bearings & Pistons Ltd were listed at 61.95 per share and are currently trading at 20.96 per share.

Type :
Sub Sector : Manufacturing Of Engine Bearings
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
134.50 Cr.

PAT :
8.18 Cr.

Pricing Report

Issue Price :
63.00

Listing Price :
61.95

Current Market Price :
20.96

Issue Price vs CMP :
42.04 (66.73%)

listing Price vs CMP :
40.99 (66.17%)

Performance Report (CAGR* wise)

CAGR : -14.93
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Benara Bearings & Pistons Ltd

Company Information
Benara Bearings & Pistons Ltd was incorporated in 1990 and is engaged in the manufacturing of engine bearings, bushes, pistons, piston pins, piston rings, cylinder liners, sleeves, and engine valves. It is an ISO 9001:2015 certified company. Additionally, the company is involved in the marketing of products such as ball bearings, spark plugs, rocker arms, timing chains, connecting rods, valve guides, valve seals, and batteries (for motorcycles, inverters, and e-rickshaws) under its own brand, which it sources through third-party contract manufacturing. The company is promoted by Mr. Panna Lal Jain and Mr. Vivek Benara. Mr. Panna Lal Jain has been with the company since its inception and is the driving force behind the BENARA brand. He holds a bachelor's degree in engineering from IIT Roorkee
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Object of Issue
  • Expansion of the Company by way of opening retail stores for automobile parts across the country
  • Funding the working capital requirements of the Subsidiary Company-Benara Solar Private Limited (BSPL
  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Benara Bearings & Pistons Ltd SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2018
IPO Size :
33.49 Cr.
IPO Subscription :
1.91 X     
PE Multiple :
14.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Benara Bearings & Pistons Ltd operates in Engineering - Automotive and Manufacturing Of Engine Bearings. The Issue is listed on BSE SME in Apr, 2018. Benara Bearings & Pistons Ltd IPO size was 33.49 Cr. with Issue price of 63.00 .

Benara Bearings & Pistons Ltd IPO subscription was 1.91 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Benara Bearings & Pistons Ltd IPO listed at a listing price of 61.95 against the offer price of 63.00.

The current market price of Benara Bearings & Pistons Ltd is 20.96.

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