Blue Pebble IPO: Open/Close Date, Price, Lot Size, Allotment & Subscription

Q: What minimum lot size can retail investors subscribe to?

The lot size for the IPO will be 800 shares per lot .

IPO Details

Bidding Dates

25 Mar '24 - 27 Mar '24

Minimum Investment

₹134,400 / 1 Lots ( 800 Shares )

Price Range

₹159 - ₹168

Maximum Investment

₹134,400 / 1 Lots ( 800 Shares )

Retail Discount

Not Applicable

Issue Size

₹18.14 Cr

Investor category and sub category

Qualified Institutional Buyers | Retail Individual Investors | Non-institutional Investor |

IPO Dates

Important dates with respect to IPO allotment and listing

Opening Date

Mar 25, 2024

Closing Date

Mar 27, 2024

Basis of Allotment

Mar 31, 2024

Initiation of Refunds

Apr 1, 2024

Credit of Shares to Demat

Apr 1, 2024

Listing Date

Apr 2, 2024

Cut-off time for UPI mandate confirmation

Mar 27, 2024

Blue Pebble IPO Subscription Details

Date	QIB	NII	Retail	Total
Day 1Mar 25, 2024	2.45x	2.78x	8.05x	5.32x
Day 2Mar 26, 2024	2.48x	11.73x	24.53x	15.49x

Blue Pebble IPO Subscription Status Live

Investor Category	Subscription (Times)
Qualified Institutional Buyers	2.48
Non-Institutional Buyers	11.73
Retail Investors	24.53
Total	15.49

About Blue Pebble Ltd

Established in 2017, Blue Pebble provides spatial design and bespoke environmental branding solutions. They provide a comprehensive range of services encompassing conceptualisation, design, printing, furnishing, and installation of Vinyl graphics, signage, and different furnishing products, including but not limited to 3D walls, frost/clear glass films, artifacts, wall panels, wall murals, sculptures for corporate interiors and exterior workplace environments.

Their solutions are tailored to meet the unique requirements of each client. Their clientele spans diverse industry sectors, including banks, multinational corporations (MNCs), IT etc. They operate from their office situated in Mumbai and have expanded their presence and network to different parts of the country, taking on projects in various regions, including Delhi, Maharashtra, Gujarat, Utter Pradesh, Telangana, Odisha, Madhya Pradesh, Punjab, Tamil Nadu, etc.

Blue Pebble Ltd IPO Details

Blue Pebble Ltd IPO Dates

The dates for bidding for the Blue Pebble IPO are March 26, 2024 to March 28, 2024.

Blue Pebble Ltd IPO Price Band

Blue Pebble is a book-built IPO. The exact price is ₹159 to ₹168 per share.

Blue Pebble Ltd IPO Lot Size

The Blue Pebble Ltd IPO lot size is 800 shares per lot.

Blue Pebble Ltd IPO Objectives

The net proceeds from the IPO are proposed to be utilised towards the following objectives:

Funding capital expenditure towards the installation of additional machinery.
To meet working capital requirements.
General corporate purpose.

Peer Details

There are no listed companies in India that are engaged in a business line similar to Blue Pebble in India.

How To Check the Allotment Status of the Blue Pebble Ltd IPO?

Steps to check IPO allotment status on Angel One’s app:

Log in to the Angel One app.
Go to the IPO Section and then to IPO Orders.
Select the individual IPO that you had applied for and check the allotment status.
Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Blue Pebble Ltd

Registered office: B-1201, Titanium Towers, Opp. Star Bazar, Nr. D N Nagar Metro Station, Andheri West, Mumbai, Maharashtra, India, 400053.

Phone: +91- 9820132955

E-mail: info@bluepebble.in

IPO Financials

Particulars	Year Ending on March 31, 2023	Year Ending on March 31, 2022	Year Ending on March 31, 2021
Total Revenue (in ₹ lakh)	1,594.96	548.14	421.04
Net Profit (in ₹ lakh)	200.33	38.05	20.06
ROCE	79.83%	33.78%	23.67%
ROE	93.51%	40.04%	30.41%

Know before investing

Strengths

Over the years, they have successfully developed enduring relationships with a diverse client base, which includes entities such as banks, IT companies, multinational corporations, etc. which has helped in getting repeated business.
They are recognised for their capability to translate innovative designs and concepts in practical solutions, feasible in both technical and economic terms. Their success in the field is the result of constant improvement of the end user experience.

Risks

Their product's success hinges on their adept navigation through the dynamic landscape of spatial design, marked by frequently changing designs, patterns, and evolving customer preferences. This necessitates a heightened awareness of shifting trends and an ability to adapt to new styles and requirements in spatial design swiftly.
Their contracts usually provide for a right to their customers to cancel the contract upon the occurrence of certain events such as, among other things, their failure to comply with the terms of the purchase order, including specifications and other technical requirements.