Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Wed, Mar 15, 2017 - Mon, Mar 20, 2017
Chemcrux Enterprises IPO is a fixed price issue of ₹2.40 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹2.40 crore.
Chemcrux Enterprises IPO bidding started from Mar 15, 2017 and ended on Mar 20, 2017. The shares got listed on BSE SME on Mar 28, 2017.
Chemcrux Enterprises IPO price is ₹18 per share. The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,44,000 (8000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (16,000 shares), amounting to ₹2,88,000.
Pantomath Capital Advisors Pvt.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 Pantomath Stock Brokers Pvt.Ltd..
Refer to Chemcrux Enterprises IPO RHP for detailed Information.
IPO Open
Wed, Mar 15, 2017
IPO Close
Mon, Mar 20, 2017
Issue Price
₹18 per share
Market Cap (Pre-IPO)
₹8.89 Cr
| IPO Date | 15 to 20 Mar, 2017 |
| Listed on | Tue, Mar 28, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹18 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 13,36,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 72,000 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹0.1296 Cr) |
| Fresh Issue (Ex Market Maker) | 12,64,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 12,64,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 36,00,280 shares |
| Share Holding Post Issue | 49,36,280 shares |
| BSE Script Code | 540395 |
| ISIN | INE298W01016 |
Chemcrux Enterprises IPO comprises a total issue size of 13,36,000 shares. The net offer to the public is 12,64,000 shares, after excluding 72,000 shares allotted on a firm basis. Of the Net offer 6,32,000 (50.00%) allocated to NII 6,32,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,32,000 | 50.00% | 47.31% |
| Retail Shares Offered | 6,32,000 | 50.00% | 47.31% |
| Firm Reservations | |||
| Market Maker Shares Offered | 72,000 | 5.39% | |
| Total Shares Offered | 13,36,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹1,44,000 |
| Retail (Max) | 1 | 8,000 | ₹1,44,000 |
| HNI (Min) | 2 | 16,000 | ₹2,88,000 |
Incorporated in 1996, Chemcrux Enterprises Ltd (CEL) is an ISO 9001:2008 and ISO 14001:2004 certified company, engaged in high pressure Oxidation, Chlorosulfonation, Nitration and Aceylation forb manufacturing of intermediates for bulk drugs, dyes and pigments.
Comapany is also exports its products to Europe, Egypt and United States of America. It also caters to customers with tailor made products. CE's major selling products are Lassamide, various Chloro Benzoic acids and Nitro Benzoic acids.
| 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 | Working Capital Requirements | 1.60 |
| 2 | General Corporate Purpose | 0.40 |
The Chemcrux Enterprises IPO is subscribed [.] times on March 20, 2017 8:40:00 PM (Day 4). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.36 |
| 2 | Regulatory fees | 0.02 |
| 3 | Marketing and Other Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹18.00 |
| Open | ₹21.60 |
| Low | ₹21.60 |
| High | ₹21.60 |
| Last Trade | ₹21.60 |
Lead Manager Reports
Chemcrux Enterprises IPO is a SME IPO of 13,36,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹18 per share. The minimum order quantity is 8000.
The IPO opens on Wed, Mar 15, 2017, and closes on Mon, Mar 20, 2017.
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 Chemcrux Enterprises IPO using UPI as a payment gateway. Zerodha customers can apply in Chemcrux Enterprises IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Chemcrux Enterprises IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Chemcrux Enterprises IPO opens on Wed, Mar 15, 2017 and closes on Mon, Mar 20, 2017.
Chemcrux Enterprises IPO lot size is 8000, and the minimum amount required for application is ₹1,44,000.
You can apply in Chemcrux Enterprises 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 Chemcrux Enterprises IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Chemcrux Enterprises IPO allotment status.
The Chemcrux Enterprises IPO listing date is on Tue, Mar 28, 2017.
