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Open
31 Oct to 3 Nov, 2022
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Close
31 Oct to 3 Nov, 2022
3
Allotment
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Listing
Mon, Nov 14, 2022
Price Band
₹95 to ₹101
Issue Size
63,99,600 shares (agg. up to ₹65 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Nov 14, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 78.32x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Apr 2022 | 31 Mar 2022 | 24 Nov 2021 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|---|
| Assets | 89.92 | 80.94 | 64.09 | 30.41 | 23.19 |
| Total Income | 10.80 | 57.87 | 86.04 | 47.68 | 41.61 |
| Profit After Tax | 1.35 | 6.71 | 7.85 | 2.94 | 1.05 |
| NET Worth | 14.73 | 13.37 | 6.72 | 5.98 | 3.04 |
| Reserves and Surplus | 8.06 | 6.71 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 34.19 | 35.00 | 16.36 | 10.06 | 9.54 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rite Zone Chemcon India Ltd. | SME | ₹8.96 Cr | ₹75 | 90.36 | ₹86.95 | +15.93% | ₹22.65 (-4.83%) |
| Bhatia Colour Chem Ltd. | SME | ₹40.00 Cr | ₹80 | 166 | ₹42.00 | -47.50% | ₹42.42 (-3.59%) |
| Aether Industries Ltd. | Mainboard | ₹808.04 Cr | ₹642 | 72.3 | ₹774.40 | +20.62% | ₹1,499.20 (+1.59%) |
| HP Adhesives Ltd. | Mainboard | ₹125.96 Cr | ₹274 | null | ₹330.75 | +20.71% | ₹33.97 (-0.81%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 45.00 |
| 2 | General Corporate Purpose | 15.75 |
| 3 | Public Issue Expenses | 3.88 |
About Vital Chemtech IPO
Incorporated in 2013, Vital Chemtech Limited is engaged in the business of manufacturing of Phosphorus Derivatives Producuts. The company is a manufacturer and supplier of Phosphorus base chemicals with the highest quality practices and compliant with the chemical industry's highest environmental, Health, and Safety (EHS). Vital Chemtech Limited's manufacturing facilities are located at 3 Various Sites in the GIDC Area. Dahej area of PCPIR region and One is located in GIDC Area, Sanand District Ahmedabad. The company manufactures Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA) and Phosphorus Pentasulfide (P2S5) for our customers across segments such as Lifesciences, Crop Care, Specialty Chemicals, Textile Auxiliaries, Dyes, Pigments and Plastic Additives. Competitive Strength: Experienced Promoter and Management Team. Prime Location of our Manufacturing Facility. Long-standing relationships with a diversified customer base. Focus on Quality, Environment, Health and Safety. Wide Application of Products. + Read More
Contact Details
Vital Chemtech Ltd. AddressB-406, Mondeal HeightsOpp.Karnavati ClubS.G.HighwayAhmedabad, Gujarat, 380015+91 79 4600 5840info@vitalgroup.co.inVisit Website