Fixed Price IPO | ₹7 Cr | Listed at BSE SME | Wed, Dec 12, 2018 - Fri, Dec 14, 2018
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Dec 12, 2018
IPO Close
Fri, Dec 14, 2018
Issue Price
₹45 per share
Market Cap (Pre-IPO)
₹26.99 Cr
| IPO Date | 12 to 14 Dec, 2018 |
| Listed on | Mon, Dec 24, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹45 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 16,20,000 shares (agg. up to ₹7 Cr) |
| Reserved for Market Maker | 81,000 shares Shilpa Stock Broker Pvt.Ltd. (agg. up to ₹0.3645 Cr) |
| Fresh Issue (Ex Market Maker) | 15,39,000 shares (agg. up to ₹7 Cr) |
| Net Offered to Public | 15,39,000 shares (agg. up to ₹7 Cr) |
| Share Holding Pre Issue | 43,77,850 shares |
| Share Holding Post Issue | 59,97,850 shares |
| BSE Script Code | 542232 SRD |
| ISIN | INE01NE01012 |
Shankar Lal Rampal Dye-Chem IPO comprises a total issue size of 16,20,000 shares. The net offer to the public is 15,39,000 shares, after excluding 81,000 shares allotted on a firm basis. Of the Net offer 7,68,000 (49.90%) allocated to NII 7,71,000 (50.10%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,68,000 | 49.90% | 47.41% |
| Retail Shares Offered | 7,71,000 | 50.10% | 47.59% |
| Firm Reservations | |||
| Market Maker Shares Offered | 81,000 | 5.00% | |
| Total Shares Offered | 16,20,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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.
| 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 Requirement | 7.05 |
| 2 | Public issue expenses | 0.24 |
The SR Dye-Chem IPO is subscribed 1.3 times on December 14, 2018 7:49:03 PM (Day 3). The public issue subscribed 0.78 times in the retail category, [.] times in the QIB category, and 1.83 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.83 | 7,68,000 | 14,04,000 |
| Retail | 0.78 | 7,71,000 | 6,00,000 |
| Total | 1.3 | 15,39,000 | 20,04,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers and Regulatory Fees & Other Expenses etc. | 0.24 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹45.00 |
| Open | ₹46.15 |
| Low | ₹46.05 |
| High | ₹47.10 |
| Last Trade | ₹46.80 |
Lead Manager Reports
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 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000.
The IPO opens on Wed, Dec 12, 2018, and closes on Fri, Dec 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 Wed, Dec 12, 2018 and closes on Fri, Dec 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 Mon, Dec 24, 2018.
