Vital Chemtech Ltd IPO |
Registered Office:
B-406 Mondeal heights Opp.,Karnavati Club S G Highway
,
Ahmedabad
-
380015
,
Gujarat
, India.
Phone :
91-79-46005840 Fax:
Email : info@vitalgroup.co.in
Website : www.vitalgroup.co.in
|
| Initial public issue of upto 6399600 equity shares of face value of (Rs)10/- each of Vital Chemtech Limited ("VCL" or the "Company" or the "Issuer") for cash at a price of (Rs)101/- per equity share including a share premium of
(Rs)91/- per equity share (the "Issue Price") aggregating to (Rs)64.64 crores ("The Issue"), of which upto 320400 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)101 per equity share including a share premium of (Rs)91 per equity share aggregating to (Rs)3.24 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of upto 6079600 equity shares of face value of (Rs)10/- each at a price of (Rs)101- per equity share including a share premium of
(Rs)91 per equity share aggregating to (Rs)61.40 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.72% and 25.38%, respectively, of the post issue paid up equity share capital of the company.
Issue Price: (Rs)101 per equity shares of face value of (Rs)10 each.
The issue price is 10.1 times the face value of the equity shares.
Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 31-Oct-22 |
03-Nov-22 |
(Rs)101.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :1200 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
60.75 |
| Beeline Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
64.64 |
|
| Post Issue Equity Share Capital |
23.95 |
|
| Issue Price |
(Rs)101.00 |
|
|