26 Oct 2023
30 Oct 2023
₹95 to ₹100
02 Nov 2023
07 Nov 2023
The company, founded in 2004, is engaged in the bespoke synthesis and manufacture of specialty chemical intermediates involving sophisticated and specialized chemistry. For a diversified Indian and global customer base, the company manufactures Pharma Intermediates, AGRO Intermediates, Cosmetics Intermediates, Pigment Intermediates, and Dye Intermediates. The company's manufacturing unit is located in Viramgam District, Ahmedabad, Gujarat, and is roughly 7000 square meters in size. It is outfitted with high-end reactors for research and development of new goods.
To fund capital expenditure for civil construction work in the existing premises of the factory and civil construction work in Viramgam, Gujarat. ● To fund capital expenditure for the installation of additional plants and machinery for Expansion. ● To repay the availed borrowings in full or part. ● For working capital requirements. ● General corporate purpose.
The book-running lead managers to the offer are: Hem Securities Ltd
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