BCL Industries share news

As per the latest stock market exchange filing, BCL Industries Ltd has received ethanol supply orders from oil manufacturing companies (OMCs). BCL Industries LTd said that ethanol supply order is worth ₹339 crore and it will complete its supply orders in two stages — from November 2023 to January 2024 and from February 2024 to April 2024. In these two stages, BCL Industries will supply 4.96 lakh KL of ethanol to the OMCs.

 

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BCL Industries Ltd informed Indian stock market exchanges about the orders citing, "In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company alongwith its subsidiary Company (M/s. Svaksha Distillery Limited) had participated in a tender floated by Oil Marketing Companies (OMCs) inviting various molasses and grain based distilleries for supplying Ethanol during Ethanol Supply Year (ESY) commencing from 01/11/2023 till 31/10/2024 at their various locations across the country."

 

BCL Industries subsidiary Svaksha Distillery Limited has also received ethanol supply order worth ₹222 crore. so, net worth of this ethanol supply order bagged by BCL Industries and its subsidiary company is ₹561 crore ( ₹339 crore + ₹222 crore).

 

Stock market today

Amid bull trend at Indian stock market, key benchmark indices Nifty 50 and BSE Sensex today touched new life-time highs. Nifty 50 index today touche new peak of 20,624 mark whereas Sensex today touched 68,645 levels. After BJP's triumph in Rajasthan, Chhattisgarh and Madhya Pradesh, Indian stock market extended its particpatory rally on Monday and small-cap and mid-cap indices too climbed to a new peak.

 

 

DOMS Industries IPO: The initial public offering (IPO) of DOMS Industries Limited is going to create history on 13th December 2023. As T+3 listing has become mandatory from 1st december 2023, DOMS Industries IPO will be the first mainboard IPO that is going to hit primary markets in this month. 

 

DOMS Industries IPO will open on 13th December 2023 and it will remain open for bidding till 15th December 2023. The company aims to raise ₹1200 crore from its public offer and investors are eagerly waiting for the announcement of DOMS Industries IPO price band.

 

Meanwhile, shares of DOMS Industries Limited have become available in grey market. As per the market observers, shares of DOMS Industries Limited are trading at a premium of ₹170 in grey market today.

 

Important DOMS Industries IPO details

Here we list out important details in regard to DOMS Industries IPO:

 

1] DOMS Industries IPO GMP: Shares of the company are available at a premium of ₹170 in grey market today, say market observers.

 

2] DOMS Industries IPO date: The public issue will open on 13th December 2023 and it will remain open till 15th December 2023. However, an official notification on BSE and NSE is still awaited.

 

3] DOMS Industries IPO size: The company aims to raise ₹1200 crore from this public offer. Out of these ₹1200 crore, ₹350 crore is aimed from issuance of fresh shares whereas the rest ₹850 crore will be reserved for the offer for sale (OFS) route.

 

4] DOMS Industries IPO allotment date: As this will be the first mainboard IPO opening with mandatory T+3 listing rules, DOMS Industries IPO allotment date is most likely on 18th December 2023 as 16th and 17th December will be weekend and normally a company offering its shares in primary market don't announce share allocation on weekends.

 

5] DOMS Industries IPO registrar: Link Intime India Private Ltd has been appointed as official registrar of the public issue.

 

6] DOMS Industries IPO listing: The public offer is proposed for listing on BSE and NSE.

 

7] DOMS Industries IPO listing date: As T+3 listing has become mandatory from 1st December 2023, DOMS Industries IPO listing date is most likely on 20th December 2023.

 

The company has said in its Red Herring Prospectus (RHP) that net proceeds of ₹350 crore coming via fresh issue will be utilized for establishing a new manufacturing facility to expand its production capabilities and meeting other corporate purposes.