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Open
9 Sep 2008
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Close
12 Sep 2008
3
Allotment
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Listing
Mon, Oct 13, 2008
Price Band
₹16 per share
Issue Size
1,54,00,206 shares (agg. up to ₹25 Cr)
Lot Size
350 Shares
Listing Date
Mon, Oct 13, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.70x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up Bio-Diesel Manufacturing Unit | 9.93 |
| 2 | To meet the additional Working Capital requirement on account ofincreased operations for the Agrochemical & Bio Fertilizer division | 9.45 |
| 3 | Repay the short term loan limit of Rs 120.00 lakhs availed of from union Bank of Inida for partially meeting the expenses related to setting up of Biodiesel plant and issue expenses | 1.20 |
| 4 | To partially repay the working capital loan facility availed of from UnionBank of India for meeting the working capital requirements of the agrochemical division. At present the company is availing a limit of Rs 430 lakhsfrom union Bank of India | 2.67 |
| 5 | To meet the Public Issue Expenses | 1.60 |
| Total | 24.85 |
About Chemcel Bio-tech IPO
Updated on Aug 12, 2026
Contact Details
Chemcel Bio-tech Ltd. Address16-130/12, JRD Tata Industrial EstateAuto NagarKanuruVijayawada, Andhra Pradesh, 520007+ 91-0866-2540355ipo@chemcelbiotechltd.comVisit Website