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Valiant Organics IPO is a fixed price issue of ₹21.23 crores. The issue is entirely an offer for sale of 0.10 crore shares of ₹21.23 crore.
Valiant Organics IPO bidding started from Sep 29, 2016 and ended on Oct 4, 2016. The shares got listed on BSE SME on Oct 14, 2016.
Valiant Organics IPO price is ₹220.00 per share . The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹1,32,000 (600 shares). The minimum lot size investment for HNI is 2 lots (1,200 shares), amounting to ₹2,64,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Aryaman Capital Markets Ltd..
Refer to Valiant Organics IPO RHP for detailed Information.
| IPO Date | September 29, 2016 to October 4, 2016 |
| Listing Date | October 14, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹220 per share |
| Lot Size | 600 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 9,64,800 shares (aggregating up to ₹21.23 Cr) |
| Reserved for Market Maker | 49,200 shares Aryaman Capital Markets Ltd. (aggregating up to ₹1.08 Cr) |
| Net Offered to Public | 9,15,600 shares (aggregating up to ₹20.14 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 36,40,320 shares |
| Share Holding Post Issue | 36,40,320 shares |
Valiant Organics IPO offers total 9,64,800 shares. Out of which 4,57,800 (47.45%) allocated to NII, 4,57,800 (47.45%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 49,200 (5.10%) |
| NII (HNI) Shares Offered | 4,57,800 (47.45%) |
| Retail Shares Offered | 4,57,800 (47.45%) |
| Total Shares Offered | 9,64,800 (100.00%) |
Valiant Organics IPO opens on September 29, 2016, and closes on October 4, 2016.
| IPO Open Date | Thu, Sep 29, 2016 |
| IPO Close Date | Tue, Oct 4, 2016 |
| Tentative Listing Date | Fri, Oct 14, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Oct 4, 2016 |
Investors can bid for a minimum of 600 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 | 600 | ₹1,32,000 |
| Retail (Max) | 1 | 600 | ₹1,32,000 |
| HNI (Min) | 2 | 1,200 | ₹2,64,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1984, Valiant Organics Ltd is a chemical manufacturing company mainly engaged in the business of manufactures and markets various types of chlorophenols in India. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.Those chlorophenols are mainly used in agro-chemical industry, pharmaceutical industry, dyes industry as well as in manufacturing of cosmetics and veterinary drugs.
They offers mono chlorophenols comprising para chlorophenol and ortho chlorophenol; and di-chlorophenols, such as 2,4 di-chlorophenol and 2,6 di-chlorophenol. Visit chittorgarh.com for more detail.They operate a single location manufacturing facility at Sarigam Industrial Estate having an installed capacity of 4,800 metric tonnes per anum. They also offer customized specification of Chlorophenols as per the customer needs.
| KPI | Values |
|---|---|
| RoNW | 45.3% |
[Dilip Davda] Long term investors may consider investment in this justifiably priced IPO. Read detail review...
| Listing Date | October 14, 2016 |
| BSE Script Code | 540145 |
| NSE Symbol | VALIANTORG |
| ISIN | INE565V01010 |
| Final Issue Price | ₹220 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹220.00 |
| Open | ₹264.00 |
| Low | ₹264.00 |
| High | ₹264.00 |
| Last Trade | ₹264.00 |
Valiant Organics Ltd.
109 Udyog Kshetra,
1st Floor, Mulund Goregaon Link Rd,
Mulund, Mumbai - 400080
Mulund, Maharashtra
Phone: 91-22-25913767/3766
Email: investor@valiant.com
Website: http://www.valiantorganics.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Valiant Organics IPO is a SME IPO of 9,64,800 equity shares of the face value of ₹10 aggregating up to ₹21.23 Crores. The issue is priced at ₹220 per share. The minimum order quantity is 600.
The IPO opens on September 29, 2016, and closes on October 4, 2016.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Valiant Organics IPO using UPI as a payment gateway. Zerodha customers can apply in Valiant Organics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Valiant Organics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Valiant Organics IPO opens on September 29, 2016 and closes on October 4, 2016.
Valiant Organics IPO lot size is 600, and the minimum amount required for application is ₹1,32,000.
You can apply in Valiant Organics 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 Valiant Organics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Valiant Organics IPO allotment status.
The Valiant Organics IPO listing date is on Friday, October 14, 2016.
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