
Consumer Staples · BSE
White Organic Retail Ltd, incorporated in 2011 and based in Mumbai, is engaged in trading agricultural products including vegetables, fruits, grains, pulses, and cereals. Originally established as Sapna Infraventure Private Limited for real estate development, the company shifted to retail and distribution of organic products in October 2016. While its first commercial store in Chembur, Mumbai is now closed, the company plans to open a new store in Bhandup (West), Mumbai. Future expansion plans include establishing over 40 retail outlets, launching new products such as Aloe Vera juices, gels, soaps, health powders, cow ghee, jaggery, and beauty products, introducing capsule and medicinal powder ranges, developing an e-commerce platform and mobile app, and eventually starting export operations.
Price Band
₹63
Issue Size
₹15.00 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹63
at current GMP
Subscribed
—
Open
26 Apr 2019
Close
2 May 2019
Allotment
7 May 2019
Refund
8 May 2019
Demat Credit
9 May 2019
Listing
10 May 2019
Designated Registrar: Link Intime India Private Limited
Allotment Date
7 May 2019
Basis finalization
Refunds Initiate
8 May 2019
Mandate release
Demat Credit
9 May 2019
Shares in demat
Listing Debut
10 May 2019
Trading begins
White Organic Retail Limited is bringing an initial public offering (IPO) in the Consumer Staples sector with an aggregate issue size of ₹15 Crores. The shares are offered at a price band of ₹63 to ₹63 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,26,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-05-09, while un-allotted funds or UPI block mandates will be released on 2019-05-08.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.