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Krishana Phoschem IPO is a fixed price issue of ₹19.73 crores. The issue is entirely an offer for sale of 0.66 crore shares of ₹19.73 crore.
Krishana Phoschem IPO bidding started from Feb 13, 2017 and ended on Feb 16, 2017. The shares got listed on NSE SME on Feb 27, 2017.
Krishana Phoschem IPO price is ₹30.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Hem Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Finlease Pvt.Ltd..
Refer to Krishana Phoschem IPO RHP for detailed Information.
| IPO Date | February 13, 2017 to February 16, 2017 |
| Listing Date | February 27, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 65,76,000 shares (aggregating up to ₹19.73 Cr) |
| Reserved for Market Maker | 3,36,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹1.01 Cr) |
| Net Offered to Public | 62,40,000 shares (aggregating up to ₹18.72 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 2,49,00,000 shares |
| Share Holding Post Issue | 2,49,00,000 shares |
Krishana Phoschem IPO offers total 65,76,000 shares. Out of which 31,20,000 (47.45%) allocated to NII, 31,20,000 (47.45%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,36,000 (5.11%) |
| NII (HNI) Shares Offered | 31,20,000 (47.45%) |
| Retail Shares Offered | 31,20,000 (47.45%) |
| Total Shares Offered | 65,76,000 (100.00%) |
Krishana Phoschem IPO opens on February 13, 2017, and closes on February 16, 2017.
| IPO Open Date | Mon, Feb 13, 2017 |
| IPO Close Date | Thu, Feb 16, 2017 |
| Tentative Listing Date | Mon, Feb 27, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Feb 16, 2017 |
Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Incorporated in 2004, Krishana Phoschem Limited is primarily engaged in manufacturing of fertilizers, intermediate dyes and other allied chemical products in the state of Madhya Pradesh. They are manufacturers of Benefited Rock Phosphate (BRP), Single Super Phosphate (SSP), Granulated Single Super Phosphate (GSSP), H-Acid, intermediate dyes and other allied chemicals.
Their products Single Super Phosphate (SSP) and Granulated Single Super Phosphate (GSSP) is used in replenishing "P" (Phosohorous) in the soil and act as a fertilizer for crop. Initially company was engaged in manufacturing of BRP and further expanded to forward integration in manufacturing of SSP and GSSP and expanding for Diversification in intermediate dyes and other allied chemicals.
Company manufacture specialized chemicals used for dying cloth such as H acid, E K acid, Vinyl sulphone, PNCBOSA, 4 sulphoantranilic acid, Violet acid, Sulpho Tobias acid. The chemicals produce by the company is used as Dye intermediate specifically for textiles Industry. Company' manufacturing facilities are located near the Jhabua, Meghnagar District (M.P).
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 30-Nov-16 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 | |
| Total Assets | 12,992.64 | 11,572.12 | 12,191.09 | 11,234.50 | 8,133.03 | 6,002.17 |
| Total Revenue | 4,519.64 | 9,062.67 | 7,725.82 | 9,083.70 | 4,187.20 | 2,693.28 |
| Profit After Tax (PAT) | 392.39 | 315.30 | 292.79 | 504.54 | 635.83 | 343.88 |
[Dilip Davda] Good monsoon this year augurs well for this company. Cash surplus investors may consider investment for medium to long term. Read detail review...
| Listing Date | February 27, 2017 |
| BSE Script Code | |
| NSE Symbol | KRISHANA |
| ISIN | INE506W01012 |
| Final Issue Price | ₹30 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹36.00 |
| Low | ₹34.00 |
| High | ₹36.00 |
| Last Trade | ₹36.00 |
Krishana Phoschem Ltd.
5-O-20 Basement,
R.C Vyas Colony,
Bhilwara
Bhilwara, Rajasthan, 311001
Phone: +91-1482-237104/ 239091
Email: secretarial@krishnaphoschem.com
Website: http://www.krishnaphoschem.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: kpl.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Krishana Phoschem IPO is a SME IPO of 65,76,000 equity shares of the face value of ₹10 aggregating up to ₹19.73 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on February 13, 2017, and closes on February 16, 2017.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Krishana Phoschem IPO using UPI as a payment gateway. Zerodha customers can apply in Krishana Phoschem IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Krishana Phoschem IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Krishana Phoschem IPO opens on February 13, 2017 and closes on February 16, 2017.
Krishana Phoschem IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Krishana Phoschem 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 Krishana Phoschem IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Krishana Phoschem IPO allotment status.
The Krishana Phoschem IPO listing date is on Monday, February 27, 2017.
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