Bookbuilding IPO | ₹352 Cr | Listed at BSE, NSE | Fri, Sep 5, 2014 - Tue, Sep 9, 2014
Sharda Cropchem IPO is a book build issue of ₹351.86 crores. The issue is entirely an offer for sale of 2.26 crore shares of ₹351.86 crore.
Sharda Cropchem IPO bidding started from Sep 5, 2014 and ended on Sep 9, 2014. The shares got listed on BSE, NSE on Sep 23, 2014.
Sharda Cropchem IPO price band is set at ₹156 per share. The lot size for an application is 90. The minimum amount of investment required by an retail is ₹14,040 (90 shares) (based on upper price). The lot size investment for sNII is 15 lots (1,350 shares), amounting to ₹2,10,600, and for bNII, it is 72 lots (6,480 shares), amounting to ₹10,10,880.
Edelweiss Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Sharda Cropchem IPO RHP for detailed Information.
IPO Open
Fri, Sep 5, 2014
IPO Close
Tue, Sep 9, 2014
Issue Price
₹156 per share
Market Cap (Pre-IPO)
₹1,407.44 Cr
| IPO Date | 5 to 9 Sep, 2014 |
| Listed on | Tue, Sep 23, 2014 |
| Face Value | ₹10 per share |
| Price Band | ₹145 to ₹156 |
| Issue Price | ₹156 per share |
| Lot Size | 90 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,25,55,124 shares (agg. up to ₹352 Cr) |
| Offer for Sale | 2,25,55,124 shares of ₹10 (agg. up to ₹352 Cr) |
| Share Holding Pre Issue | 9,02,20,495 shares |
| Share Holding Post Issue | 9,02,20,495 shares |
| BSE Script Code / NSE Symbol | 538666 / SHARDACROP |
| ISIN | INE221J01015 |
Sharda Cropchem IPO comprises a total issue size of 2,25,55,124 shares. Out of which, 1,12,77,561 (50.00%) are allocated to QIB, 33,83,269 (15.00%) allocated to NII 78,94,294 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 1,12,77,561 | 50.00% | NA |
| − Anchor Investor Shares Offered | 33,83,268 | 15.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 78,94,293 | 35.00% | NA |
| NII (HNI) Shares Offered | 33,83,269 | 15.00% | NA |
| Retail Shares Offered | 78,94,294 | 35.00% | 87,714 |
| Total Shares Offered | 2,25,55,124 | 100.00% |
Investors can bid for a minimum of 90 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹14,040 |
| Retail (Max) | 14 | 1,260 | ₹1,96,560 |
| S-HNI (Min) | 15 | 1,350 | ₹2,10,600 |
| S-HNI (Max) | 71 | 6,390 | ₹9,96,840 |
| B-HNI (Min) | 72 | 6,480 | ₹10,10,880 |
Incorporated in 2004, Sharda Cropchem Ltd is a crop protection chemical company engaged in the marketing and distribution of a wide range of formulations and generic active ingredients globally. They are also involved in order based procurement and supply of Belts, general, chemicals, dyes and dye intermediates. Over the years the company has primarily, grown organically and its core strength lies in identifying generic molecules, preparing dossiers, seeking registrations, marketing and distributing formulations or generic active ingredients in fungicide, herbicide and insecticide segments.
They have also recently entered into the biocide segment and have acquired several registrations from the existing registration holders, primarily, in Europe. As of August 5, 2014, it had over 180 Good Laboratory Practices certified dossiers and as of July 15, 2014 it owned over 1,040 registrations for formulations and over 155 registrations for generic active ingredients across Europe, NAFTA, Latin America and Rest of the World.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 19.34% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 84.13% | 75% |
| Market Cap | ₹1,407.44 Cr. |
The Sharda Cropchem IPO is subscribed 59.97 times on September 9, 2014 5:00:00 PM (Day 3). The public issue subscribed 5.85 times in the retail category, 32.06 times in the QIB category, and 251.35 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 32.06 | 78,94,461 | |
| NII | 251.35 | 33,83,269 | |
| Retail | 5.85 | 78,94,294 | |
| Total | 59.97 | 1,91,72,024 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers (including underwriting commission, brokerage and selling commission) | 9.89 |
| 2 | Commission and processing fee for SCSBs(1) | 0.11 |
| 3 | Brokerage and selling commission for Registered Brokers | 0.70 |
| 4 | Registrar to the Offer | 0.10 |
| 5 | Other advisors to the Offer | 3.27 |
| 6 | Bankers to the Offer | |
| 7 | Others: - Listing fees | 0.41 |
| 8 | - Printing and stationery expenses | 2.21 |
| 9 | - Advertising and marketing | 1.74 |
| 10 | - Miscellaneous | 0.80 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹156.00 | ₹156.00 |
| Open | ₹254.10 | ₹260.00 |
| Low | ₹225.00 | ₹225.00 |
| High | ₹273.85 | ₹274.00 |
| Last Trade | ₹231.45 | ₹230.95 |
Lead Manager Reports
Sharda Cropchem IPO is a main-board IPO of 2,25,55,124 equity shares of the face value of ₹10 aggregating up to ₹352 Crores. The issue is priced at ₹156 per share. The minimum order quantity is 90.
The IPO opens on Fri, Sep 5, 2014, and closes on Tue, Sep 9, 2014.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sharda Cropchem IPO using UPI as a payment gateway. Zerodha customers can apply in Sharda Cropchem IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sharda Cropchem IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sharda Cropchem IPO opens on Fri, Sep 5, 2014 and closes on Tue, Sep 9, 2014.
Sharda Cropchem IPO lot size is 90, and the minimum amount required for application is ₹14,040.
You can apply in Sharda Cropchem 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 Sharda Cropchem IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sharda Cropchem IPO allotment status.
The Sharda Cropchem IPO listing date is on Tue, Sep 23, 2014.
