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CHD Chemicals IPO IPO

SME21 Mar 201623 Mar 2016
Open
21 Mar 2016
Close
23 Mar 2016
3
Allotment
Listing
Fri, Apr 1, 2016
Price Band
₹11 per share
Issue Size
18,00,000 shares (agg. up to ₹2 Cr)
Lot Size
10,000 Shares
Listing Date
Fri, Apr 1, 2016
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total1.47x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To part-finance incremental working capital requirements1.68
2Issue Expenses0.30

About CHD Chemicals IPO

CHD Chemicals Ltd (CHD) is engaged in the business of trading and distribution of high quality chemicals and dyes for textiles industry, leather, and paper industries. It also deals in Construction Chemicals. CHD is a chemicals and dyes trading and distribution company with a diverse product portfolio. To part finance its working capital needs and general corpus funding, the company is coming out with a maiden IPO of 1800000 equity shares of Rs. 10 each at a fixed price of Rs. 11 per share to mobilize Rs. 1.98 crore. Issue opens for subscription on 21.03.16 and will close on 23.03.16. Minimum application is to be made for 10000 shares and in multiples thereon, thereafter. First Overseas Capital Ltd is the sole lead manager and Cameo Corporate Services Ltd is the registrar to the issue. Post allotment, shares will be listed on BSE SME. Its current paid up equity capital of Rs. 3.41 crore will stand enhanced to Rs. 5.21 crore post IPO. In February 2015 it issued around 9 lakh shares at a price of Rs. 11 per share and all previous issues were at par value. + Read More

Contact Details

CHD Chemicals Ltd. AddressSCO 19, Ist FloorIndustrial Area RamdarbarPhase-IIChandigarh, Chandigarh, 160002+91 172 5086 877info@ccichd.comVisit Website