Banka BioLoo Limited IPO

Apply 0
Avoid 0

Banka BioLoo Limited provides sanitation infrastructure and human waste management solutions and services. They offers innovative and simple bio-digester technology patented by Defense Research and Development Organisation (DRDO), the R&D arm of the Indian Ministry of Defense. They manufactures, supplies, and installs bio-tanks for digestion of human waste.
They also provide sanitation operations and maintenance (O&M) services to Indian Railways. The anaerobic bio-digester technology helps users manage waste onsite, without depending on expensive and energy-consuming sewage infrastructure. Thet are involved in the rental and AMC of mobile biotoilets; handling of low cost housing projects for sanitation requirement at rural area; sale of spares of control discharge toilet system to Indian Railways; and provision of consultancy services for development of large bio tanks, as well as waste water treatment and recycling solutions.
Banka BioLoo have installed over 6,000 bio-toilet units across India and currently undertake 12 O&M service contracts with Indian Railways. Their solutions can be used for many purposes like Household Bio-toilets, Mobile Bio-toilets, School Bio-toilet Blocks, Bio-toilets at worksites and Bio-digester Tanks for various user groups

Banka BioLoo Limited IPO Stock Quote & Charts

65.35

+4.98%

  • Open: 65.35
  • High - Low: 65.35 - 65.35
  • Previous Close: 62.25
  • Total Traded Volume: 4800
  • Updated On: 20-Dec-2019

Objects of the Banka BioLoo Limited IPO:

1. Finance capital expenditures at existing Inoculum unit at Aler 2. Finance capital expenditures at proposed new unit at Ibrahimpatnam 3. Finance Working Capital Requirements 4. General Corporate Purposes and 5. Issue Related Expenses

Banka BioLoo Limited IPO Details:

Open Date: Feb 05 2018
Close Date: Feb 16 2018
Total Shares: 1,098,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 12.63 Cr.
Lot Size: 1200 Shares
Issue Price: ₹ 115 Per Equity Share
Listing At: NSE Emerge
Listing Date: Feb 27 2018

Promoters And Management:

Namita Banka

Lead Manager of Banka BioLoo Limited IPO:

  1. Aryaman Financial Services Limited

Registrar of Banka BioLoo Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Banka BioLoo Limited Plot no 11-4-651, A–109, Express Apartment, Lakdi ka Pool, Hyderabad – 500 004 Phone: +91 40 2980 1495 Fax: + 91 40 6668 8028 Email: investor.relations@bankabio.com Website: www.bankabio.com

Discussion on Banka BioLoo Limited IPO:

Leave a Reply