Anmol India Limited IPO

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Established in 1998, Anmol India Limited (“Anmol”) is dealing in Coal import and supply industry. Since its inception, it has made itself a trusted brand among clients located in over 100 different locations in India.

Initially serving only brick kiln industry and Coal traders, today the Company caters to the demand of over a dozen different types of industries and trades both in Coal and Pet Coke covering almost half of India.

The primary product of the Company is USA Coal (US Napp Coal and USA ILB). Other commodities include Indonesian Coal and Petroleum Coke. Small and Medium scale manufacturers are their primary clients.

A briefwrite-up on the different varieties of Coal in which the Company trades are as under:

1. Steam Coal

Steam Coal or Thermal Coal is used for power and heat generation. It is burnt for producing heat. It is also known as steam coal as it is pulverized and fed to boilers to generate steam.

2. Petroleum Coal or Petcoke

Petroleum Coal or petcoke is a black solid residue, obtained by cracking and carbonizing of the petroleum feedstock, tar, and pitches. Fuel grade petcoke is typically very high in heating value, produces virtually no ash when burned, and is most commonly used in electric power plants and cement kilns. In India, a lot of small scale manufacturers manufacturing textiles, dyes, bricks, tires etc. use this fuel for their energy needs.

3. Coking Coal

Coking coal, also known as metallurgical coal, is used to create coke, one of the key irreplaceable inputs for the production of steel.

Anmol India Limited IPO Stock Quote & Charts

27.00

-9.40%

  • Open: 27.00
  • High - Low: 27.00 - 27.00
  • Previous Close: 29.80
  • Total Traded Volume: 4000
  • Updated On: 23-Aug-2019

Objects of the Anmol India Limited IPO:

Objective of

Anmol India Limited IPO

are: 1. To part finance working capital requirements of the Company 2. To meet General corporate purposes 3. To meet the expenses of the Issue

Anmol India Limited IPO Details:

Open Date: Feb 12 2019
Close Date: Feb 14 2019
Total Shares: 3,100,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 10.23 Cr.
Lot Size: 4000 Shares
Issue Price: ₹ 33 Per Equity Share
Listing At: BSE SME
Listing Date: Feb 21 2019

Promoters And Management:

Promoters of Anmol India Limited Company are: Mr. Vijay Kumar Mr. Chakshu Goyal

Financials of Anmol India Limited IPO:

Particulars(in lacs) 30.09.2018 31.03.2018 31.03.2017 31.03.2016
Revenue 26,306.38 29,924.22 18,649.56 18,980.92
Total Expense 25942.77 29285.52 18,331.98 18,726.81
PBDI&T 363.61 638.71 317.58 254.11
PBI&T 358.71 628.80 308.65 245.61
Net Profit 171.79 262.24 108.86 82.65

Recommendation on Anmol India Limited IPO:

Review and Recommendation of Anmol India Limited IPO from IZ is: 4/10 [The company has shown excellent Revenue Growth in the last 3 years. The Issue is also priced at P/E of 13(reasonable) and D/E of 0.42 after issue also augur well for the company going forward.]

Lead Manager of Anmol India Limited IPO:

  1. Share India Capital Services Private Limited

Registrar of Anmol India Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Anmol India Limited Room No. 1, DN Tower, 2ndFloor, NH 37, Basistha, Chariali, Beltola, Guwahati, Assam- 781022 Phone No. +91 9435046554; 0161-4503400 Email: vgoyal@anmolindialtd.com Website: www.anmolindialtd.com

Bid Details of Anmol India Limited IPO as on
14 Feb 2019 | 11:58:01 PM

Category No.of shares offered No. of shares bid
1,472,000 2,292,000
1,472,000 2,296,000
156,000 156,000
3,100,000 4,744,000
QIBs No
QIBs+HNIs Subscription 1.56X
Retail Subscription 1.56X
Total Subscription 1.56X

Discussion on Anmol India Limited IPO:

    Peer Comparison

    Coal India

    P/E= 19.63

    EBITDA Margins= 7.62%( FY18)

    Revenue Growth in last 5 years= 4.70%

    EBITDA Growth in last 5 years= -20% due to rising Employee Benefits Expense.

    Last 5 years returns= the company has given negative returns in terms of share price. 5 years back the share was at 251 and today trading at 216. However, the company has given close to Rs. 81 per share in the form of a dividend which is the only good point in coal India investment.

      Dear Sir
      WHY LEXUS GRAINTO AND SARVESHAR FOODS DOWN AND NEAR RS 20
      I HAVE BOTH STOCK LATEST BUYING
      AT 25 AND 22

    Mcap of the company post issue would be 34.26 Cr

    Revenue for FY18 was at 292 Cr.

    Mcap/Sales= 0.11( Very cheap valuation)

    Debt Calculation FY18
    1. Debt= 21.52 Cr( 9.34 Cr long term debt+ 12.18 Cr Short term Debt)
    2. Equity= 11.33 Cr
    3. D/E= 1.89

    However, for the 30.09.2018 financials, they have reduced the short term debt to Zero. So Debt outstanding is 9.68 Cr.

    D/E= 0.74

    The Debt/Equity Post Issue after getting 10.23 Cr from the IPO proceeds, the D/E will further reduce to 0.42.

    EPS Calculations based on FY18 Financials

    Total Outstanding Shares= 72,82,830

    Fresh Shares= 31,00,000

    Total Shares after Issue= 10,382, 830

    PAT in FY18= 262.24 Lakh

    EPS= 2.52

    P/E= 13