
Consumer Staples · BSE
Artemis Electricals Limited, incorporated in 2009 and based in Mumbai, is engaged in the manufacturing and trading of LED lights and LED lighting accessories, catering to both indoor and outdoor lighting needs. The company manufactures LED drivers at its Vasai facility and uses third-party facilities for LED bulbs, supplying finished products to OEMs who brand and sell them to retail customers. Its product portfolio includes LED panel lights, street lights, solar-powered lights, downlights, spotlights, architectural lights, bulbs, and solar-powered fans and lanterns. With a workforce of 32 employees and 11 contractors, including two in R&D, the company operates primarily from its Vasai manufacturing plant. As of October 2018, Artemis Electricals reported revenues of Rs 5,241.26 lakhs from the sale of LED products and accessories, without a clear split between manufacturing and trading income.
Price Band
₹55 – ₹60
Issue Size
₹42.00 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹60
at current GMP
Subscribed
—
Open
24 Apr 2019
Close
6 May 2019
Allotment
8 May 2019
Refund
9 May 2019
Demat Credit
10 May 2019
Listing
14 May 2019
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 3,500,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,050,000 | — | 0.00x |
| Retail Individual (RII) | 2,450,000 | — | 0.00x |
| Total | 7,000,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,225 | 1,225 | 1.00x |
| HNIs (10L +) | 8 | 8 | 1.00x |
| HNIs (2-10L) | 38 | 38 | 1.00x |
| Total Applications | 1,271 | 1,271 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Artemis Electricals Limited is bringing an initial public offering (IPO) in the Consumer Staples sector with an aggregate issue size of ₹42 Crores. The shares are offered at a price band of ₹55 to ₹60 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-05-06, the basis of allotment is scheduled to be finalized on 2019-05-08. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Currently, Artemis Electricals Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹55 to ₹60 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹60 per equity share.
The Artemis Electricals Limited IPO aggregate issue size is ₹42 Crores with an equity price band set at ₹55 to ₹60 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2019-05-08. Investors can verify status using PAN card or application number.
Artemis Electricals Limited shares are scheduled to list on BSE on 2019-05-14.