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Open
22 May 2017
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Close
25 May 2017
3
Allotment
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Listing
Fri, Jun 2, 2017
Price Band
₹42 per share
Issue Size
34,44,000 shares (agg. up to ₹14 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Jun 2, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 41.70x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 45.41 | 34.05 | 29.43 |
| Total Income | 35.37 | 26.43 | 19.13 |
| Profit After Tax | 5.79 | 3.38 | 3.98 |
| NET Worth | 23.69 | 17.90 | 14.52 |
| Reserves and Surplus | 11.59 | 13.06 | 9.68 |
| Total Borrowing | 11.20 | 8.57 | 11.24 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Yug Decor Ltd. | SME | ₹2.88 Cr | ₹26 | null | ₹26.10 | +0.38% | ₹24.11 (-4.97%) |
| Chemcrux Enterprises Ltd. | SME | ₹2.40 Cr | ₹18 | null | ₹21.60 | +20.00% | ₹88.44 (-0.07%) |
| Sanginita Chemicals Ltd. | SME | ₹10.05 Cr | ₹22 | null | ₹22.90 | +4.09% | ₹60.43 (+1.99%) |
| Valiant Organics Ltd. | SME | ₹21.23 Cr | ₹220 | null | ₹264.00 | +20.00% | ₹263.95 (+0.73%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 2.45 |
| 2 | General Corporate Expenses | 0.20 |
About Vadivarhe Speciality Chemicals IPO
Incorporated in 2009, Vadivarhe Speciality Chemicals Ltd (VSCL) is primarily engaged in manufacturing of Speciality chemicals, Active Pharmaceutical ingredients, intermediate and personal care ingredients.It is a a globally active, Indian chemical producer, focused on organic chemicals and custom synthesis. It has entered into an agreement with Enaltec Labs Pvt Ltd in December 2012 to manufacture API products for them for a period of 10 years based on the material and specification provided by them. The company has also entered into an agreement with Zenvision Pharma LLP for offering its manufacturing facility on Loan and License basis. Some of its major clients are Glaxo Smithkline Pharmaceuticals Ltd, Fine Organics Ltd UK, Chem-Impex International INC, D C Fine Chemicals, USV Ltd, Lupin Ltd, Mankind Pharma Limited, Himedia Laboratories Pvt. Ltd., Hetero Labs Ltd & many others in the Domestic and International sector.+ Read More
Contact Details
Vadivarhe Speciality Chemicals Ltd. AddressGat No.204VadivarheIgatpuri, Maharashtra, 422403+91-2553-282200cs@vscl.co.inVisit Website