Bhatia Communications & Retail (India) Ltd.
 
No: 132, Dr. Ambedkar Shopping Centre, Ring Road, Surat, Gujarat - 395002
Phone: 2349892

Public Issue of 1650000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 140.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
08/02/201812/02/2018150.00 -
Lead Managers Registrar Listed at
GUINESS CORPORATE ADVISORS PVT. LTD.
Purva Sharegistry (India) Pvt. Ltd.
Unit no. 9, Shiv Shakti Ind. Est.
J.R. Boricha Marg, Lower Parel (E), ,
Mumbai, Maharashtra - 400011
Phone: 23016761 Fax: 23012517
BSE
Object of the issue

OBJECTS OF THE ISSUE

The present Public Issue of 16,50,000 Equity Shares includes a Fresh Issue of 14,00,000 Equity shares and an offer for sale by the Selling Shareholder of 2,50,000 equity shares at an issue price of Rs. 150 per Equity Share.

The Offer for Sale

The company will not receive any proceeds from the Offer for Sale.

The objects of the Issue are:

1. Long term Working capital requirement,

2. General Corporate Purpose,

3. Meeting Public Issue Expenses.

Project Cost
(Rs. in Crs.)
LONG TERM WORKING CAPITAL15.50
PUBLIC ISSUE EXPENSES0.50
GENERAL CORPORATE EXPS.5.00
TOTAL COST21.00
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES21.00
TOTAL COST21.00
Promoted by

The Promoters of the company are Mr. Sanjeev Bhatia, Mr. Nikhil Bhatia and Mr. Harbanslal Bhatia.

1. Mr. Sanjeev Bhatia: He is having vast experience of 18 years of retail and wholesale business of consumable electronic goods including mobile, mobile accessories etc and as well as has wide knowledge regarding every If‘s and buts relating to the Company. He plays a vital role in motivating employees of the Company to come forward with their new and creative ideas of their own. He is looking after finance, Franchise Outlet and General administration functions of the Company. He also, plays vital role in educating his team about the strategic business policies and makes sure that the Company run towards sheer success. In addition, he also looks after all the statutory and timely legal compliances applicable to the Company.

 Educational Qualification B.COM

Permanent Account Number AFIPB0972M

Passport Number Z1861131

Driving License 05/ST/96/DL189917

Aadhaar Card No. 9353 3105 3906

Name of Bank HDFC BANK

Bank Account Number 02511530020304

Voter ID DPB7148133

Residential Address 35, Subhash Nagar Society Ghod dod Road, Surat, Gujarat, 395007, India.

 

2. Mr. Nikhil Bhatia: He is aged 37 years, is a Whole Time Director of the Company. He is promoter Director of the Company. He is having vast experience of 8 years in the field of finance and sales. He looks after sales, purchase, finance and account department of the Company. He is proficient in business development and regularly explores the niche market for expansion and widening the business area.

 Educational Qualification H.S.C.

Permanent Account Number AFIPB0971J

Passport Number Z1930356

Driving License 05/ST/96/DL211383

Aadhaar Card No. 3088 9033 8445

Name of Bank HDFC BANK

Bank Account Number 02511530020296

 

3. Mr. Harbanslal Bhatia: He is aged 65 years, is a Whole Time Director of the Company. He is promoter Director of the Company. He has been awarded National award for the empowerment of persons with disabilities – 2014 in public recognizing of his outstanding performance as the most efficient employee/self employed person in the category locomotor disability by the honorable president of India on December 8, 2014. He is having vast experience of more than 30 years in the field of marketing and advertisement. He takes the lead in critical business discussions, negotiations, and presentations. He sources the information related to different products, companies, consumers, markets, people, services etc. Later on, he analysis and process the said information‘s for the development of the business and as a result, he converts the said information into profit making opportunity. He plays a vital role in marketing, branding and non conventional advertising of our products.

Educational Qualification S.S.C.

Permanent Account Number ABBPB7976Q

Passport Number J5098178

Aadhaar Card No. 3659 3322 1122

Name of Bank Rajkot Nagarik Sahakari Bank Limited

Bank Account Number 051003800000005

Residential Address 35, Subhash Nagar Society Ghod dod Road, Surat, Gujarat, 395007, India.