Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Mon, Mar 21, 2016 - Wed, Mar 23, 2016
CHD Chemicals IPO is a fixed price issue of ₹1.98 crores. The issue is entirely a fresh issue of 0.18 crore shares of ₹1.98 crore.
CHD Chemicals IPO bidding started from Mar 21, 2016 and ended on Mar 23, 2016. The shares got listed on BSE SME on Apr 1, 2016.
CHD Chemicals IPO price is ₹11 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (20,000 shares), amounting to ₹2,20,000.
First Overseas Capital Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Alacrity Securities Ltd..
Refer to CHD Chemicals IPO RHP for detailed Information.
IPO Open
Mon, Mar 21, 2016
IPO Close
Wed, Mar 23, 2016
Issue Price
₹11 per share
Market Cap (Pre-IPO)
₹5.73 Cr
| IPO Date | 21 to 23 Mar, 2016 |
| Listed on | Fri, Apr 1, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹11 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 18,00,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 1,00,000 shares Alacrity Securities Ltd. (agg. up to ₹0.1100 Cr) |
| Fresh Issue (Ex Market Maker) | 17,00,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 17,00,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 34,09,080 shares |
| Share Holding Post Issue | 52,09,080 shares |
| BSE Script Code | 539800 |
| ISIN | INE043U01010 |
CHD Chemicals IPO comprises a total issue size of 18,00,000 shares. The net offer to the public is 17,00,000 shares, after excluding 1,00,000 shares allotted on a firm basis. Of the Net offer 8,50,000 (50.00%) allocated to NII 8,50,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 8,50,000 | 50.00% | 47.22% |
| Retail Shares Offered | 8,50,000 | 50.00% | 47.22% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,00,000 | 5.56% | |
| Total Shares Offered | 18,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,10,000 |
| Retail (Max) | 1 | 10,000 | ₹1,10,000 |
| HNI (Min) | 2 | 20,000 | ₹2,20,000 |
CHD Chemicals Ltd (CHD) is engaged in the business of trading and distribution of high quality chemicals and dyes for textiles industry, leather, and paper industries. It also deals in Construction Chemicals. CHD is a chemicals and dyes trading and distribution company with a diverse product portfolio.
To part finance its working capital needs and general corpus funding, the company is coming out with a maiden IPO of 1800000 equity shares of Rs. 10 each at a fixed price of Rs. 11 per share to mobilize Rs. 1.98 crore. Issue opens for subscription on 21.03.16 and will close on 23.03.16. Minimum application is to be made for 10000 shares and in multiples thereon, thereafter. First Overseas Capital Ltd is the sole lead manager and Cameo Corporate Services Ltd is the registrar to the issue. Post allotment, shares will be listed on BSE SME. Its current paid up equity capital of Rs. 3.41 crore will stand enhanced to Rs. 5.21 crore post IPO. In February 2015 it issued around 9 lakh shares at a price of Rs. 11 per share and all previous issues were at par value.
| 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 | To part-finance incremental working capital requirements | 1.68 |
| 2 | Issue Expenses | 0.30 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.21 |
| 2 | Printing & Stationery, Distribution, Postage, etc. | 0.02 |
| 3 | Advertisement & Marketing Expenses | 0.02 |
| 4 | Regulatory & other expenses | 0.03 |
| 5 | Miscellaneous Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹11.00 |
| Open | ₹9.20 |
| Low | ₹8.80 |
| High | ₹10.50 |
| Last Trade | ₹8.80 |
Lead Manager Reports
CHD Chemicals IPO is a SME IPO of 18,00,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹11 per share. The minimum order quantity is 10000.
The IPO opens on Mon, Mar 21, 2016, and closes on Wed, Mar 23, 2016.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in CHD Chemicals IPO using UPI as a payment gateway. Zerodha customers can apply in CHD Chemicals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in CHD Chemicals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The CHD Chemicals IPO opens on Mon, Mar 21, 2016 and closes on Wed, Mar 23, 2016.
CHD Chemicals IPO lot size is 10000, and the minimum amount required for application is ₹1,10,000.
You can apply in CHD Chemicals 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 CHD Chemicals IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the CHD Chemicals IPO allotment status.
The CHD Chemicals IPO listing date is on Fri, Apr 1, 2016.
