Billwin Industries Ltd

About the Company:

Billwin Industries is engaged in the business of manufacturing of protective gears; these gears are basically rain wears, life jackets and inflatable boats which are used in seas and other water bodies for the safety.

Company is also involved in trading of the protectives gears that we manufacture.

Company product range includes Rainwear Coat, Rain Jacket, Pulsar Jacket, Winter Jacket, River Raft Boat, Inflatable Boats Dinghys, Sleeping Bags, School Bags, Life jackets, Rucksack, facial’s mask etc.

Company primarily sells products through tenders and some are sold to distributors and retailer. Company provides product samples along with catalogue to distributors for reaching out to the wholesale and retail shops in domestic market.

Company’s distribution channel currently covers states of Maharashtra, Kerala, Gujrat, Chattisgarh, Tamilnadu, Assam, Haryana, Trivandrum Tripura.

Company also has an exclusive tie up with e-commerce platform such as Flipkart, Amazon, Buy Hatke, Shopcules Xerve, although our majority sale happens through non- e commerce mode but opting for the e-commerce platforms gives us a new market and would generate brand awareness in the mind of the potential customers.


Capacity & Capacity Utilization: 


Management Team:

  1. Mr. Subrata Dey (Designation: Managing Director)
  2. Mr. Pritish Subrata Dey (Designation: Non-Executive Director)


Objectives of the Issue: (Fresh Issue : Rs. 192.42 Lakhs)

  • To meet working capital requirement


Financials of the Company: (in Lakhs)

(in Lakhs) FY 17 FY 18 FY 19 Upto 5th March 2020
Revenue 46.37 184.61 60.72 38.42
Net Profit 0.29 11.47 10.78 3.47



Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
Billwin Industries Ltd 10 0.44 84.61 1.27% 37.44
Mallcom (India) Limited 10 22.57 9.16 16.07% 140.45



IPO Details:

Details Info
Issue Opens on 18th June 2020
Issue Closes on:. 22nd June 2020
Issue Price Rs.37
Face Value Rs.10
Minimum Lot 3000 Shares
Minimum Investment Rs.1,11,000
Issue Constitutes 31.26%
Issue Size Rs.2.46 cr
Market Cap Rs.7.88 cr
Listing at BSE SME
Equity Shares Offered (Fresh) 6,66,000
Equity Shares Prior to the Issue 14,64,724
Equity Shares after the Issue 21,30,724


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
1.36 27.19 66.57% 27



Company Contact Info:
Billwin Industries Ltd
79, Vishal Industrial Estate Village Road,
Bhandup West, Mumbai- 400078, Maharashtra India.
Tel: 022 – 25668112



IPO Registrar Info:
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 – 22 – 6263 8200;
Fax No.: +91 – 22 – 6263 8299



Lead Manager to the Issue:
Office No. 13, 1st Floor, New Bansilal Building, Raja Bahadur Mansion,
9-15, Homi Modi Street, Fort, Mumbai – 400 001
Tel No.: +91 – 22 – 4002 5273 / 98368 22199/ 98368 21999