Blue Pebble IPO will open for subscription from 26 March 2024. The company aims for an issue size of ₹18.14 Cr through this IPO.
Company Overview
| Full name | Blue Pebble Limited |
| Sector | Services |
| Industry | Others |
| Company Website | https://www.bluepebble.in/ |
About Company
The company provides spatial design and bespoke environmental branding solutions. It offers a comprehensive range of services encompassing conceptualization, design, printing, furnishing, and installation of Vinyl graphics, signage, and different furnishing products, including 3D walls, frost/clear glass films, artifacts, wall panels, murals, sculptures for corporate interiors and exterior workplace environments. Its solutions are custom-tailored to meet the unique requirements of each client.
So far, Blue Pebble has successfully executed design, printing, furnishing, installation, and related projects at various locations throughout India, serving notable clients such as Infosys, HDFC Bank, American Express, Bank of America, Nestle, British Petroleum, Moody’s, etc. Blue Pebble’s comprehensive solutions include design, printing, and fabrication and it manages the entire process, from conceptualization to the final product delivery. Its capabilities are supported by a dedicated design studio and printing facility located at 112, Nirman Industrial Estate, Link Road, Chincholi Bunder, Malad West, Mumbai, 400064. Its current order book value stands at INR 4.1 crore.
The Objectives of the Issue
- Funding Capital Expenditure towards the installation of additional machinery;
- To meet working capital requirements; and
- General Corporate Purpose.
Blue Pebble IPO Timetable
| IPO Opening date | 26 March 2024 |
| IPO Closing | 28 March 2024 |
| Basis of Allotment | 01 April 2024 |
| Initiation Refund | 02 April 2024 |
| Credit to Demat Account | 02 April 2024 |
| Listing Date | 03 April 2024 |
Blue Pebble IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹18.14 Cr – 1,080,000 shares |
| Fresh Issue | ₹18.14 Cr – 1,080,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹159 to ₹168 per share |
| Lot size | 800 Shares |
| Market Maker portion | 56,000 shares |
| Shareholding pre-issue | 3,000,000 |
| Shareholding post-issue | 4,080,000 |
| Listing Exchange | NSE SME |
Blue Pebble IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹134,400 |
| Retail (Max) | 1 | 800 | ₹134,400 |
| HNI (Min) | 2 | 1,600 | ₹268,800 |
Blue Pebble IPO Reservation Details
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Blue Pebble Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 4.21 | 5.48 | 15.92 | 13.18 |
| Expenses | 3.94 | 4.97 | 13.22 | 9.34 |
| Net income | 0.20 | 0.38 | 2.00 | 2.92 |
Blue Pebble Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.67 | 1.27 | 6.68 |
| PE ratio | – | – | 23.80 – 25.15 |
| RONW (%) | 26.40 | 33.36 | 63.72 |
| NAV | 2.53 | 3.80 | 10.48 |
| ROCE (%) | 23.67 | 33.78 | 79.83 |
| EBITDA (%) | 7.97 | 10.03 | 17.51 |
| Debt/Equity | – | – | – |
Company Promoters
- Nalin Gagrani
- Karuna Nalin Gagrani
- Manoj Bhushan Tiwari.
Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding |
Blue Pebble IPO Lead Manager(s)
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email: ib@hemsecurities.com
Website: www.hemsecurities.com
Blue Pebble Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Blue Pebble Contact Details
BLUE PEBBLE LIMITED
112, Nirman Industrial Estate,
Malad Link Road, Malad (West)
Mumbai, Maharashtra, India, 400064
Phone: +91 9820132955
E-mail: info@bluepebble.in
Website: www.bluepebble.in
Blue Pebble IPO Allotment Status
Blue Pebble IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Final thoughts
Blue Pebble IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
