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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 ₹156.00 per share . The lot size for an application is 90. The minimum amount of investment required by an retail is ₹13,050 (90 shares). 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 Date | September 5, 2014 to September 9, 2014 |
| Listing Date | September 23, 2014 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹145 to ₹156 per share |
| Issue Price Final | ₹156 per share |
| Lot Size | 90 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 2,25,55,124 shares (aggregating up to ₹351.86 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 9,02,20,495 shares |
| Share Holding Post Issue | 9,02,20,495 shares |
Sharda Cropchem IPO offers total 2,25,55,124 shares. Out of which 1,12,77,561 (50.00%) allocated to QIB, 78,94,293 (35.00%) allocated to QIB, 33,83,269 (15.00%) allocated to NII, 78,94,294 (35.00%) allocated to RII and 33,83,268 (15.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum 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%) |
Sharda Cropchem IPO opens on September 5, 2014, and closes on September 9, 2014.
| IPO Open Date | Fri, Sep 5, 2014 |
| IPO Close Date | Tue, Sep 9, 2014 |
| Tentative Listing Date | Tue, Sep 23, 2014 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 9, 2014 |
Investors can bid for a minimum of 90 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 | 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| KPI | Values |
|---|---|
| RoNW | 19.34% |
The objects of the Offer are to:
1. Achieve the benefits of listing the Equity Shares on the BSE and the NSE and
2. To carry out the sale of 22,555,124 Equity Shares by the Selling Shareholders.
[Dilip Davda] <p> </p> <p style="margin: 0in 0in 0pt; text-align: justify;"><span style="font-family: Calibri; font-size: medium;">On merchant banker’s front, both have positive bias on their past mandates. As such issue can be considered for medium to long term investment.</span><span style="font-family: Calibri; font-size: medium;"> </span></p> <p> </p> <p style="margin: 0in 0in 0pt; text-align: justify;"><strong><span style="font-family: Calibri; font-size: medium;">Remark: Apply</span></strong></p> Read detail review...
| Listing Date | September 23, 2014 |
| BSE Script Code | 538666 |
| NSE Symbol | SHARDACROP |
| ISIN | INE221J01015 |
| Final Issue Price | ₹156 per share |
| BSE Listing Group | B |
Sharda Cropchem Ltd.
Domnic Holm,
29, Road, Bandra (West),
Mumbai 400 050
Mumbai, Maharashtra
Phone: (91 22) 6678 2800
Email: co.sec@shardaintl.com
Website: http://www.shardaintl.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: sharda.ipo@karvy.com
Website: https://ipostatus.kfintech.com/
Sharda Cropchem IPO is a main-board IPO of 2,25,55,124 equity shares of the face value of ₹10 aggregating up to ₹351.86 Crores. The issue is priced at ₹156 per share. The minimum order quantity is 90.
The IPO opens on September 5, 2014, and closes on September 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 September 5, 2014 and closes on September 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 Tuesday, September 23, 2014.
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