ICL Multitrading India IPO Review (Date, Price)

ICL Multitrading India Limited is engaged in the business of multi-product branding and distribution. It is mainly Noida based company. The article will be going to cover ICL Multitrading India IPO Review.

ICL Multitrading India IPO Review Issue Details :

  • IPO Opens on – November 19, 2018.
  • IPO Closes on – November 22, 2018.
  • Issue Type – Fixed Price Issue IPO.
  • Face Value – Rs.10 per Equity Share.
  • Issue Price – Rs. 85 Per Equity Share.
  • Min Order Quantity – 1600 shares.
  • Market Lot – 1600 shares.
  • Issue Size – 2,100,800 Equity Shares of Rs. 10 aggregating up to Rs. 17.86 Cr.
  • Listing Exchange At – NSE SME Exchange.
  • Draft Prospectus – Click Here.

Objectives of the issue of the Company :

  • ICL Multitrading India Limited’s main object of the issue is to meet out the Working Capital requirements.
  • One of the objectives of issues is Branding and Advertising Expenses.
  • General Corporate Purposes of ICL Multitrading India Limited.
  • Expenses of the issue of this company.

About The Company –

  • ICL Multitrading India Limited was incorporated in 2012.
  • This company sells its products under the brand name ‘ICL’.
  • ICL Multitrading India Limited’s product includes spices, tea, suiting-shirting, incense sticks like Dhoop and gifting products.
  • This company sells 2 varieties of tea ICL Premium and ICL Gold.
  • ICL Multitrading India Limited has established a facility in Bareilly, Uttar Pradesh for sourcing, sorting and packing of the tea.
  • This company has entered into herbal products segment.
  • ICL Multitrading India Limited procures herbal wellness and cosmetic products from various manufacturers.
  • The products of this company is sold through ‘www.adiherbal.com’.
  • ICL Multitrading India Limited is about to add a few more products to their already impressive roster.
  • This company’s major revenue comes from fabric which is almost 50% of the total revenue and rest revenue comes from other products.
  • In this ICL brand is very popular particularly in the mid towns of North India.
  • ICL Multitrading India Limited focuses on distribution through its network of 7 warehouses, 17 super stockists and multiple distributors majorly in Uttar Pradesh, Uttarakhand, and Jharkhand.
  • This company has 89 employees on its payroll.

ICL Multitrading India Limited

Location :

ICL Multitrading India Limited –
A-105, Sector 63 Noida, Gautam Buddha Nagar,
Uttar Pradesh – 201 307, India.
Phone No. +91 0120 4544 143.
Fax No. +91 0120 4544 143.
Website: www.iclmultitrading.com.

The promoter of ICL Multitrading India Limited :

  • Roop Kishore Gola, aged 43 years, is the Promoter, Chairman and Managing Director of this company.
  • Avadhesh Kumar Gola, aged 30 years, is a Promoter, Whole-time Director and Chief Financial Officer of this Company.
  • Rajni Gupta, aged 35 years, is a Promoter of this Company.

The Board of Directors of this company :

  • Roop Kishore Gola, aged 43 years, is the Promoter, Chairman and Managing Director of this company.
  • Avadhesh Kumar Gola, aged 30 years, is a Promoter, Whole-time Director and Chief Financial Officer of this Company.
  • Jitendra Kumar Gupta, aged 40 years, is a Non-Executive, Non-Independent Director of this Company.
  • Nilisha Chaudhary, aged 23 years, is an Independent Director of this Company.
  • Brij Bhushan Sharma, aged 39 years, is an Independent Director of this Company.
  • Pankaj Kumar Jha, aged 30 years, is an Independent Director of this Company.

Competitive Strengths of ICL Multitrading India Limited :

  • The main competitive strength of ICL Multitrading India Limited is their Experienced and Qualified management team.
  • One of the strength is Diversified and Innovative products range of this company.
  • Their brand names is another strength of ICL Multitrading India Limited.
  • One of the strength is widespread sales and distribution network and supply chain competencies of this company.

Business Strategies for this company :

  • ICL Multitrading India Limited’s focus on increase in the volume of sales.
  • One of the business strategies is increasing the geographical presence of this company.
  • Leverage and enhance the ICL brand name is the other strategy of ICL Multitrading India Limited.
  • This company’s major products, services, and processes are their plus point and this is their main business strategy.
  • High margin of products is ICL Multitrading India Limited’s another business strategy.

Swot Analysis of ICL Multitrading India Limited :

  • Strengths –

  1. The main strength of ICL Multitrading India Limited has established operations and proven track record.
  2. Quality assurance and standards are the other strength of this company.
  3. One of the main strength of ICL Multitrading India Limited is their experienced management team.
  • Weakness –

  1. Insufficient market reach is the weakness of ICL Multitrading India Limited.
  2. One of the weakness is heavy dependence on suppliers for the right quality of raw materials.
  3. Dependent upon growth in FMCG industry is a major weakness of ICL Multitrading India Limited.
  • Opportunities –

  1. The main opportunities of ICL Multitrading India Limited are growing acceptance by consumers.
  2. The rise in demands is another opportunity for this company.
  3. ICL Multitrading India Limited’s best opportunities in Indian Market.
  • Threats –

  1. The threats of ICL Multitrading India Limited is increasing competition from big players.
  2. Change in Government Policies is one of the threats of this company.
  3. Another threat of ICL Multitrading India Limited is rising labor wages.

Company Financials :

ICL Multitrading India IPO

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ICL Multitrading India IPO Review :

Now, come to the main section of the article, ICL Multitrading India IPO Review. The above-attached statement is the profit-loss data of the company. The data are divided into two segments consolidated and standalone. In the standalone statement, there are past five years fiscal data and consolidated statement contains the last three years data. The statements reflect a strong as well as a positive signal of its financial status. Now, have a look at the company prospectus which reflects other fundamental details of the company. EPS of the company stands at the level of 7.44 (consolidated) and 5.43 (standalone). Based on the basic and diluted EPS for the year 2017-18, P/E is at 15.65 (standalone) and 11.42 (consolidated). RoNW of the company is 37.06 (standalone) and 39.75(consolidated). NAV/Share is at the level of 12.38. Based on our analysis ICL Multitrading India IPO Review carries a POSITIVE view. Investors can apply it for a long-term view.

Ankita has done her Diploma Engineering in Computer Science & Technology. She is pursuing her degree in Engineering and also well experienced in the equity market and real estate related content writing. She is the one who has developed the technical indicators section of our site.

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