Shankar Lal Rampal Dye-Chem IPO is a fixed price issue of ₹7.29 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹7.29 crore.
Shankar Lal Rampal Dye-Chem IPO bidding started from Dec 12, 2018 and ended on Dec 14, 2018. The shares got listed on BSE SME on Dec 24, 2018.
Shankar Lal Rampal Dye-Chem IPO price is ₹45.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,35,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,70,000.
Finshore Management Services 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 Shilpa Stock Broker Pvt.Ltd..
Refer to Shankar Lal Rampal Dye-Chem IPO RHP for detailed Information.
IPO Date | December 12, 2018 to December 14, 2018 |
Listing Date | December 24, 2018 |
Face Value | ₹10 per share |
Issue Price Band | |
Issue Price Final | ₹45 per share |
Lot Size | 3,000 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 16,20,000 shares (aggregating up to ₹7.29 Cr) |
Reserved for Market Maker | 81,000 shares Shilpa Stock Broker Pvt.Ltd. (aggregating up to ₹0.3645 Cr) |
Net Offered to Public | 15,39,000 shares (aggregating up to ₹6.93 Cr) |
Issue Type | Fixed Price IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 43,77,850 shares |
Share Holding Post Issue | 59,97,850 shares |
SR Dye-Chem IPO offers total 16,20,000 shares. Out of which 7,68,000 (47.41%) allocated to NII, 7,71,000 (47.59%) allocated to RII.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 81,000 (5.00%) |
NII (HNI) Shares Offered | 7,68,000 (47.41%) |
Retail Shares Offered | 7,71,000 (47.59%) |
Total Shares Offered | 16,20,000 (100.00%) |
Shankar Lal Rampal Dye-Chem IPO opens on December 12, 2018, and closes on December 14, 2018.
IPO Open Date | Wed, Dec 12, 2018 |
IPO Close Date | Fri, Dec 14, 2018 |
Tentative Listing Date | Mon, Dec 24, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 14, 2018 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,35,000 |
Retail (Max) | 1 | 3,000 | ₹1,35,000 |
HNI (Min) | 2 | 6,000 | ₹2,70,000 |
Incorporated in 1980, SR Dye Chem is Bhilwara, Rajasthan based company involve in the business of trading chemicals and dyes. SR Dye Chem is a trader, exporter, importer, and supplier of Sulphur Dyes, Paraffin Wax, Phosphoric Acid, Sodium Sulphide, Hydrogen Peroxide, Citric Acid Monohydrate, Phosphate Chemicals, and Refined Glycerine.
The product company trade caters to Textiles & Garments manufacturing Industry, Food and Beverages Industries, Laboratory, Leather, Candel making industries, Plastic Industries, Agriculture, Water Treatment, Personal Care & Cosmetics Industries, Plywood Industry etc.
The Trading facility of the company is at Bhilwara where its from where it controls the trading activities in Mumbai and Delhi. Company has rented warehouses for stocking its products and onward sale to its customers in Mumbai and Delhi.
The company also exports its products to Malaysia, Indonesia, Bangladesh, China, Egypt, Japan, Germany, Turkey, Iran, U.A.E., Thailand etc.
Particulars | For the year/period ended (in Rs. Lakhs) | |||||
---|---|---|---|---|---|---|
30-June-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
Total Assets | 4,912.47 | 4,194.96 | 1,054.10 | 971.40 | 905.55 | 759.04 |
Total Revenue | 4,085.17 | 7,516.85 | 2,919.42 | 2,599.70 | 2,194.54 | 2,341.53 |
Profit After Tax | 152.34 | 96.47 | 11.14 | 9.95 | 6.28 | 7.40 |
The Company Shankar Lal Rampal Dye-Chem IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | Working Capital Requirement | 7.05 |
2 | Public issue expenses | 0.24 |
[Dilip Davda] <p>Promoters have brought in money at a premium and have not yet used reserves for free scrip. Last 15 months working has shown spectacular performance, but its sustainability is a major concern. Although issue is priced attractively, risk savvy cash surplus investors may consider investment at their own risk.</p> Read detail review...
Listing Date | December 24, 2018 |
BSE Script Code | 542232 |
NSE Symbol | SRD |
ISIN | INE01NE01012 |
Final Issue Price | ₹45 per share |
BSE Listing Group | MT |
Price Details | BSE SME |
---|---|
Final Issue Price | ₹45.00 |
Open | ₹46.15 |
Low | ₹46.05 |
High | ₹47.10 |
Last Trade | ₹46.80 |
Shankar Lal Rampal Dye-Chem Ltd.
SG-2730, Suwana,
Bhilwara
Bhilwara, Rajasthan, 311001
Phone: 01482220062
Email: info@srdyechem.com
Website: http://www.srdyechem.com/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Shankar Lal Rampal Dye-Chem IPO is a SME IPO of 16,20,000 equity shares of the face value of ₹10 aggregating up to ₹7.29 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000.
The IPO opens on December 12, 2018, and closes on December 14, 2018.
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 Shankar Lal Rampal Dye-Chem IPO using UPI as a payment gateway. Zerodha customers can apply in Shankar Lal Rampal Dye-Chem IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Shankar Lal Rampal Dye-Chem IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Shankar Lal Rampal Dye-Chem IPO opens on December 12, 2018 and closes on December 14, 2018.
Shankar Lal Rampal Dye-Chem IPO lot size is 3000, and the minimum amount required for application is ₹1,35,000.
You can apply in Shankar Lal Rampal Dye-Chem 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 Shankar Lal Rampal Dye-Chem IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shankar Lal Rampal Dye-Chem IPO allotment status.
The Shankar Lal Rampal Dye-Chem IPO listing date is on Monday, December 24, 2018.
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