Fixed Price IPO | ₹40 Cr | Listed at BSE SME | Mon, Mar 14, 2022 - Wed, Mar 16, 2022
Bhatia Colour Chem IPO is a fixed price issue of ₹40.00 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹40.00 crore.
Bhatia Colour Chem IPO bidding started from Mar 14, 2022 and ended on Mar 16, 2022. The shares got listed on BSE SME on Mar 24, 2022.
Bhatia Colour Chem IPO price is ₹80 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹1,28,000 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,56,000.
Interactive Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.Ltd..
Refer to Bhatia Colour Chem IPO RHP for detailed Information.
IPO Open
Mon, Mar 14, 2022
IPO Close
Wed, Mar 16, 2022
Issue Price
₹80 per share
Market Cap (Pre-IPO)
₹97.87 Cr
| IPO Date | 14 to 16 Mar, 2022 |
| Listed on | Thu, Mar 24, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹80 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 50,00,000 shares (agg. up to ₹40 Cr) |
| Reserved for Market Maker | 2,64,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 47,36,000 shares (agg. up to ₹38 Cr) |
| Net Offered to Public | 47,36,000 shares (agg. up to ₹38 Cr) |
| Share Holding Pre Issue | 72,33,750 shares |
| Share Holding Post Issue | 1,22,33,750 shares |
| BSE Script Code | 543497 |
| ISIN | INE0KQ001017 |
Bhatia Colour Chem IPO comprises a total issue size of 50,00,000 shares. The net offer to the public is 47,36,000 shares, after excluding 2,64,000 shares allotted on a firm basis. Of the Net offer 23,68,000 (50.00%) allocated to NII 23,68,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 23,68,000 | 50.00% | 47.36% |
| Retail Shares Offered | 23,68,000 | 50.00% | 47.36% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,64,000 | 5.28% | |
| Total Shares Offered | 50,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,28,000 |
| Retail (Max) | 1 | 1,600 | ₹1,28,000 |
| HNI (Min) | 2 | 3,200 | ₹2,56,000 |
Incorporated in 2021, Bhatia Colour Chem Limited specializes in trading & manufacturing Chemicals, Dyes, and Auxiliaries products. The company produces Value Added Printing Products, Textile Auxiliaries & Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester & Cotton which includes, ambos on T-shirts, Zari Prints, and shading.
Competitive Strength:
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquire partnership firm M/s Polychem Exports | 21.00 |
| 2 | Working Capital | 8.90 |
| 3 | General Corporate Purposes | 9.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 166 | |
| Promoter Holding | 74.65% | 44.14% |
| Market Cap | ₹97.87 Cr. |
The Bhatia Colour Chem IPO is subscribed 1.43 times on March 16, 2022 6:33:00 PM (Day 3). The public issue subscribed 0.18 times in the retail category, [.] times in the QIB category, and 2.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.69 | 23,68,000 | 63,60,000 |
| Retail | 0.18 | 23,68,000 | 4,32,000 |
| Total | 1.43 | 47,36,000 | 67,92,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission | 0.25 |
| 2 | Brokerage and Selling Commission and upload fees | 0.02 |
| 3 | Registrar to the Issue | 0.01 |
| 4 | Legal Advisors | 0.01 |
| 5 | Advertising and marketing expenses | 0.02 |
| 6 | Regulators including stock exchanges | 0.05 |
| 7 | Printing and distribution of issue stationary | 0.01 |
| 8 | Others (Market Making fees, Restated Accounts etc.) | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹80.00 |
| Open | ₹40.00 |
| Low | ₹40.00 |
| High | ₹42.00 |
| Last Trade | ₹42.00 |
Lead Manager Reports
Bhatia Colour Chem IPO is a SME IPO of 50,00,000 equity shares of the face value of ₹10 aggregating up to ₹40 Crores. The issue is priced at ₹80 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Mar 14, 2022, and closes on Wed, Mar 16, 2022.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Bhatia Colour Chem IPO using UPI as a payment gateway. Zerodha customers can apply in Bhatia Colour Chem IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bhatia Colour Chem IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bhatia Colour Chem IPO opens on Mon, Mar 14, 2022 and closes on Wed, Mar 16, 2022.
Bhatia Colour Chem IPO lot size is 1600, and the minimum amount required for application is ₹1,28,000.
You can apply in Bhatia Colour Chem IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Bhatia Colour Chem IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Bhatia Colour Chem IPO allotment status.
The Bhatia Colour Chem IPO listing date is on Thu, Mar 24, 2022.
