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Open
24 Jan 2011
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Close
27 Jan 2011
3
Allotment
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Listing
Thu, Feb 10, 2011
Price Band
₹95 to ₹98
Issue Size
81,00,004 shares (agg. up to ₹79 Cr)
Lot Size
60 Shares
Listing Date
Thu, Feb 10, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.42x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new manufacturing facility at Unit 4 at Badlapur, Maharashtra | 32.16 |
| 2 | Expansion of existing manufacturing facilities at Unit 1, Unit 2 & Unit 3 at Badlapur, Maharashtra | 14.62 |
| 3 | Meeting Working Capital requirements | 10.00 |
| 4 | General corporate purposes | 14.50 |
| 5 | Issue expenses | 8.72 |
About Omkar Speciality Chemicals IPO
Incorporated in 2005, Omkar Speciality Chemicals Ltd is mainly engaged in the manufacture and sale of speciality chemicals viz. selenium, compounds, iodine compounds, molybdenum compounds etc. and pharma intermediates viz. Potassium Iodate, Bismuth Ammonium Citrate, Bromoform etc.Company is primarily involved in the production of speciality chemicals and pharma intermediates. The Inorganic Intermediates include Molybdenum derivatives, Selenium derivatives, Iodine derivatives, Cobalt derivatives, Bismuth & Tungsten derivatives and the organic intermediates include Tartaric acid derivatives and other intermediates. These products find applications in various industries like Pharmaceutical Industry, Chemical Industry, Glass Industry, Cosmetics, Ceramic Pigments and Cattle & Poultry Feeds.Company has four Units at MIDC, Badlapur (E), Dist: Thane, Maharashtra, India. Omkar Speciality Chemicals exporting their products to Europe, Canada, Asia, South America & Australia. The total exports constituted 8.69%, 12.35% and 7.97% of gross sales during FY 2008, FY 2009 and FY 2010 respectively.+ Read More
Contact Details
Omkar Speciality Chemicals Ltd. AddressOmkar Speciality Chemicals LtdB-34, MIDC, Badlapur (E)Thane, Maharashtra, 421503+91-251-2690651/2697340info@omkarchemicals.comVisit Website