Latest news with #Repono
Business Standard
7 days ago
- Business
- Business Standard
BSE SME Repono hits a speed bump on debut
Shares of Repono was trading at Rs 87.10 on the BSE, a discount of 9.27% compared with the issue price of Rs 96. The scrip was listed at Rs 89.99, a discount of 6.26% compared with the initial public offer (IPO) price. The stock is currently down 3.22% over its listing price. The counter hit a high of Rs 89.99 and a low of Rs 85.50. About 7.38 lakh shares of the company changed hands at the counter. Repono's IPO was subscribed 60.53 times. The issue opened for bidding on 28 July 2025 and it closed on 30 July 2025. The price band of the IPO was set at Rs 91 to 96 per share. The IPO comprised fresh issue of 27,79,200 shares. The company intends to utilize the net proceeds for funding capital expenditure towards purchase of Forklift, hand pallet trolley and reach stacker, funding of capital expenditure requirements of company towards set up of warehouse packing system, funding towards the development of software for warehouse management, funding the working capital requirements of company and general corporate purpose. Ahead of the IPO, Repono on 28 July 2025, raised Rs 76.03 crore from anchor investors. The board allotted 7.92 lakh shares at Rs 96 per share to 7 anchor investor. Repono is a warehousing and logistics company in India, specializing in storage solutions for the oil and petrochemical sectors. The company offers a comprehensive range of services, including warehousing, secondary transportation, and logistics support, catering to industries such as petrochemicals, oil & gas, lube oil, and specialty chemicals. It provides services across the oil value chain, including O&M of crude oil terminals, handling petrochemicals, diesel, ATF, ethanol, and managing warehousing for public sector and energy industry clients. As of 30 April 2025, the company had 539 employees. The company recorded revenue from operations of Rs 5,111.54 crore and net profit of Rs 514.90 crore for the period ended 31 March 2025.
Mint
7 days ago
- Business
- Mint
Repono IPO listing: Shares off to a tepid start, list at 6% discount on BSE SME
Repono IPO Listing: Shares of oil storage and transportation firm Repono Limited were off to a tepid start on Monday, August 4. Repono share price listed at ₹ 90 on the BSE SME, a 6.25% discount to the issue price of ₹ 96 apiece. The listing was significantly below expectations, as the grey market premium (GMP) for the Repono IPO was signalling a nearly 17% listing gain. Repono IPO GMP was at ₹ 16 ahead of its stock market debut today. The company's initial public offering had seen a stellar response, receiving 64.95 times bids. The retail portion was subscribed 67.31 times, the non-institutional investor (NII) portion 107.34 times and the qualified institutional buyer (QIB) portion 29.03 times. Repono IPO was entirely a fresh issue of 27.79 lakh shares, with the company looking to raise nearly ₹ 27 crore via the initial share sale. The company plans to use the IPO proceeds for funding capital expenditures (capex) towards the purchase of forklifts, hand pallet trolleys, and reach stackers; setting up pallet warehouse racking systems; developing software for warehouse management; meeting working capital needs; and general corporate purposes. Ahead of the start of the IPO on July 28, the company had raised ₹ 7.60 crore from the anchor investors. Wealth Mine Networks Private Limited acted as the book-running lead manager of the Repono IPO, while Cameo Corporate Services Limited was the registrar for the issue. Repono Limited provides a series of services across the oil value chain. It undertakes O&M of the crude oil terminal facility for one of the government-owned enterprises engaged in the oil sector. It also handles petro, diesel, ATF and ethanol for one of the largest crude oil and natural gas producers. The company is also engaged in the O&M of petrochemical warehousing, and its customers belong to the crude oil and natural gas industry, Public Sector Enterprise and others. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
7 days ago
- Business
- Economic Times
Repono shares to list today. GMP signals mild listing pop
Warehousing and logistics player Repono is set to make its market debut on the BSE SME platform on August 4. The IPO, which closed on July 30, was a fresh issue of 27.79 lakh shares at Rs 96 apiece, aggregating to Rs 26.68 crore. The Grey Market Premium (GMP) ahead of listing is trending at Rs 17, hinting at a potential 17–18% listing pop if momentum holds. ADVERTISEMENT Repono Its services span across warehouse management, secondary transportation, EPC services, and O&M of oil terminals. With notable clients from public sector undertakings and the energy industry, Repono has positioned itself as a niche logistics provider in hazardous goods management. Financially, the company has demonstrated solid traction. Repono clocked a revenue of Rs 51.59 crore and PAT of Rs 5.15 crore in FY25, marking a 51% and 23% YoY growth respectively. Anchor investors had earlier infused Rs 7.6 crore into the company, taking up 7.92 lakh shares at the upper end of the price band, lending credibility to the IPO was structured entirely as a fresh issue, with proceeds to be used for purchasing equipment, upgrading warehousing infrastructure, and investing in warehouse software systems. Market maker JSK Securities and BRLM Wealth Mine Networks will now look to stabilize trade post listing. Whether the debut will live up to GMP buzz will be known soon—but Repono has all the makings of a robust first-day show. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
7 days ago
- Business
- Time of India
Repono shares to list today. GMP signals mild listing pop
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Warehousing and logistics player Repono is set to make its market debut on the BSE SME platform on August 4. The IPO, which closed on July 30, was a fresh issue of 27.79 lakh shares at Rs 96 apiece, aggregating to Rs 26.68 crore. The Grey Market Premium (GMP) ahead of listing is trending at Rs 17, hinting at a potential 17–18% listing pop if momentum Its services span across warehouse management, secondary transportation, EPC services, and O&M of oil terminals. With notable clients from public sector undertakings and the energy industry, Repono has positioned itself as a niche logistics provider in hazardous goods the company has demonstrated solid traction. Repono clocked a revenue of Rs 51.59 crore and PAT of Rs 5.15 crore in FY25, marking a 51% and 23% YoY growth investors had earlier infused Rs 7.6 crore into the company, taking up 7.92 lakh shares at the upper end of the price band, lending credibility to the IPO was structured entirely as a fresh issue, with proceeds to be used for purchasing equipment, upgrading warehousing infrastructure, and investing in warehouse software maker JSK Securities and BRLM Wealth Mine Networks will now look to stabilize trade post listing. Whether the debut will live up to GMP buzz will be known soon—but Repono has all the makings of a robust first-day show.
Mint
31-07-2025
- Business
- Mint
Repono IPO allotment to be out soon: Here are steps to check status online and GMP as focus shifts to listing
Repono IPO: The issue, which saw its subscription period end on 31 July, is likely to see allotment finalized soon. \ Since the Repono IPO is to be listed on BSE SME, with a tentative listing date of Monday, August 4, 2025, and Cameo Corporate Services Limited is the registrar for the issue, investors can check the allotment status on the BSE site or the registrar Cameo Corporate Services Limited site. Here are steps to check status online and GMP as focus shifts to listing. Step 1: Go to the website of Registrar Cameo Corporate Services Limited to check the Repono IPO allotment status by clicking the link: Step 2- Click on any one of the links. Step 3: Select Repono from the 'Select company name' dropdown menu. (Note: the company name will only appear once the allotment status is out.) Step 3: Select from the selection type any of the following: the application number, the PAN number, or the DP number. Step 4: Enter the details from the option selected on the Value Box Step 5: Click the SUBMIT button after entering the captcha. Step 1: Head to the BSE website: Step 2: Select Issue type and click on Equity Step 3: Under the select issue name, select "REPONO LIMITED" from the dropdown Step 4: Thereafter, enter your details, such as application number and PAN information. Step 5: Press 'Submit' after clicking the CAPTCHA On July 31, Repono IPO GMP, or the Grey Market Premium, stood at +23. This means that Repono shares are selling in the grey market at an ₹ 23 premium over the issue price's upper range of ₹ 96. Investors anticipate Repono shares to be listed at a premium of 23.96%, or ₹ 23, above the upper range of the offering price of ₹ 119. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
