Vadivarhe Speciality Chemicals Ltd IPO

Closed

Subscription Details

  • Open Date 22 May
  • Close Date 25 May
  • Lot Size 3000
  • IPO Size ₹ 14.46 Cr
  • IPO Price Range ₹ 42
  • Min Investment ₹ 126000

Vadivarhe Speciality Chemicals Ltd IPO Timeline

Open Date
22 May
Close Date
25 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial Public Issue of 34,44,000 Equity Shares of Face Value of Rs. 10 Each (Equity Shares) of Vadivarhe Speciality Chemicals Limited (the Company or Issuer) for cash at a Price of Rs. 42 Per Equity Share (Including a Share Premium of Rs. 32 Per Equity Share) (Issue Price) Aggregating to Rs. 14.47 crores (Issue) Consisting of a Fresh Issue of 6,89,000 Equity Shares of Face Value of Rs 10 each (Equity Shares) For cash at a Price of Rs. 42 Per Equity Share aggregating to Rs. 2.89 crores (Issue) and 27,55,000 Equity Shares of Face Value of Rs. 10 each (Equity Shares) for cash at a price of Rs. 42 Per Equity Share Aggregating to 11.57 crores through an offer for Sale By Mr. Sunil Haripant Pophale (Referred as Promoter Selling shareholder) of Which 1,80,000 Equity Shares of Face value of Rs. 10 Each for a Cash Price of Rs.42 Per Equity Share, Aggregating to Rs.0.76 crores will be reserved for subscription by market Maker (Market Maker Reservation Portion). The issue less The Market Maker Reservation Portion I.E. Issue of 32,64,000 Equity Shares of Face Value of Rs. 10.00 each at an Issue Price of Rs. 42 Per Equity Share aggregating to Rs. 13.71 crores (is Hereinafter referred to as The Net Issue). The issue and the Net Issue will Constitute 26.94% and 25.53%, Respectively of the Post Issue Paid up Equity Share Capital of the Company. The Face Value of the Equity Shares is Rs.10 each and The Issue Price is Rs. 42. The Issue Price Is 4.2 Times of the face Value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Vadivarhe Speciality Chemicals Ltd IPO

Contact Information

Address

Gat No 204 Vadivarhe Igatpu,
,
Igatpuri, Maharashtra 422403

Vadivarhe Speciality Chemicals Ltd IPO Lead Manager

Hem Securities Ltd
Open Demat Account