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Open
15 Jan 2014
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Close
17 Jan 2014
3
Allotment
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Listing
Fri, Jan 31, 2014
Price Band
₹15 per share
Issue Size
49,68,000 shares (agg. up to ₹7 Cr)
Lot Size
8,000 Shares
Listing Date
Fri, Jan 31, 2014
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.09x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Plant & Machinery | 3.32 |
| 2 | Interiors of Corporate office at Thane | 1.09 |
| 3 | Incremental Working Capital Requirement | 2.93 |
| 4 | General Corporate Purposes | 0.60 |
| Total | 7.94 |
About Chemtech Industrial Valves IPO
Incorporated in 1997, Chemtech Industrial Valves Ltd is an ISO 9001-2008 certified company, is engaged in the business of manufacturing carbon steel and stainless steel industrial valves of various types & sizes ranging from 15mm up to 4000mm. They manufacture and supply various types of ball, butterfly, globe, gate and check valves and have a significant customer base in the steel industry. They also supply their products to customers in the oil and gas (including petro-chemical) industry, infrastructure (including pipelines), process industries (including pharmaceuticals, chemicals, intermediaries and fertilizers), nuclear space and defence industry.Company is a manufacturer of high quality valves. They have their manufacturing facilities at Wada, to suit most of the piping related requirements. Most of their valves are tailor made to meet customers’ specific requirements.+ Read More
Contact Details
Chemtech Industrial Valves Ltd. Address105, Hiranandani Industrial EstateOpp.Kanjur Marg Railway StationMumbai, Maharashtra, 400078+ 91-22- 2577 3308investors@chemtechvalves.comVisit Website