Vital Chemtech Limited IPO Detail
Vital Chemtech Limited's manufacturing facilities are located at 3 Various Sites in the GIDC Area. Dahej area of PCPIR region and One is located in GIDC Area, Sanand District Ahmedabad.
The company manufactures Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA) and Phosphorus Pentasulfide (P2S5) for our customers across segments such as Lifesciences, Crop Care, Specialty Chemicals, Textile Auxiliaries, Dyes, Pigments and Plastic Additives.
Competitive Strength:
- Experienced Promoter and Management Team.
- Prime Location of our Manufacturing Facility.
- Long-standing relationships with a diversified customer base.
- Focus on Quality, Environment, Health and Safety.
- Wide Application of Products.
Company Promoters
Mr. Vipul Jatashanker Bhatt and Mrs. Sangeeta Vipul BhattIPO Details
| IPO Opening Date | Oct 31, 2022 |
| IPO Closing Date | Nov 03, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 - 101 per equity share |
| Market Lot | 1200 Shares |
| Min Order Quantity | 1200 Shares |
| Listing At | NSE SME |
| Issue Size | 6,400,000 shares of ₹10 |
| Fresh Issue | 6,400,000 shares of ₹10 |
| Offer for Sale | - |
| Retail Portion | 35% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0x | 0x | 0x | |
| Day 2 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x | |
| Day 3 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x | |
| Day 4 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x | |
| Day 5 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x | |
| Day 6 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x | |
| Day 7 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x | |
| Day 8 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x | |
| Day 9 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x | |
| Day 10 | - | - | 2x | 1st Nov 2022 17:02x | 1.74x |
IPO Tentative Timetable
The Vital Chemtech Limited IPO open date is Oct 31, 2022, and the close date is Nov 03, 2022. The issue may list on Nov 14, 2022.
| IPO Open Date | Oct 31, 2022 |
| IPO Close Date | Nov 03, 2022 |
| Basis of Allotment Date | Nov 09, 2022 |
| Initiation of Refunds | Nov 10, 2022 |
| Credit of Shares to Demat Account | Nov 11, 2022 |
| IPO Listing Date | Nov 14, 2022 |
IPO Lot Size
The Vital Chemtech Limited IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹121200).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 1200 | ₹121200 |
| Maximum | 1 | 1200 | ₹121200 |
IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 2318.61 | 4161.24 | 105.38 |
| 31-Mar-21 | 3041.34 | 4768.46 | 293.78 |
| 31-Mar-22 | 8093.71 | 5786.96 | 670.94 |
Objects of the Issue:
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
1. To Meet Working Capital Requirements
2. General Corporate Purpose
3. To meet Public Issue Expenses
Vital Chemtech Limited IPO Registrar:
Skyline Financial Services Private Ltd
Vital Chemtech Limited IPO Lead Manager(s):
Beeline Capital Advisors Pvt Ltd
Company Contact Information:
Vital Chemtech Limited
B-406, Mondeal Heights,
Opp. Karnavati Club,
S. G. Highway, Ahmedabad-380015
