Fixed Price IPO | ₹21 Cr | Listed at BSE SME | Thu, Sep 29, 2016 - Tue, Oct 4, 2016
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Sep 29, 2016
IPO Close
Tue, Oct 4, 2016
Issue Price
₹220 per share
Market Cap (Pre-IPO)
₹80.09 Cr
| IPO Date | 29 Sep to 4 Oct, 2016 |
| Listed on | Fri, Oct 14, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹220 per share |
| Lot Size | 600 Shares |
| Sale Type | OFS only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 9,64,800 shares (agg. up to ₹21 Cr) |
| Reserved for Market Maker | 49,200 shares Aryaman Capital Markets Ltd. (agg. up to ₹1 Cr) |
| Offer for Sale | 9,15,600 shares of ₹10 (agg. up to ₹20 Cr) |
| Net Offered to Public | 9,15,600 shares (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 36,40,320 shares |
| Share Holding Post Issue | 36,40,320 shares |
| BSE Script Code | 540145 VALIANTORG |
| ISIN | INE565V01010 |
Valiant Organics IPO comprises a total issue size of 9,64,800 shares. The net offer to the public is 9,15,600 shares, after excluding 49,200 shares allotted on a firm basis. Of the Net offer 4,57,800 (50.00%) allocated to NII 4,57,800 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,57,800 | 50.00% | 47.45% |
| Retail Shares Offered | 4,57,800 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 49,200 | 5.10% | |
| Total Shares Offered | 9,64,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 600 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 45.3% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 67.5% | 52% |
| Market Cap | ₹80.09 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Offer Management fees including payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.34 |
| 2 | Brokerage and Selling Commission, Underwriting Commission, RTAs and CDPs | 0.06 |
| 3 | Advertisement, Printing & Stationery, Marketing Expenses, etc. | 0.05 |
| 4 | Listing Fees, Market Making fees (1st year), Regulatory & Other Expenses | 0.07 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹220.00 |
| Open | ₹264.00 |
| Low | ₹264.00 |
| High | ₹264.00 |
| Last Trade | ₹264.00 |
Lead Manager Reports
Valiant Organics IPO is a SME IPO of 9,64,800 equity shares of the face value of ₹10 aggregating up to ₹21 Crores. The issue is priced at ₹220 per share. The minimum order quantity is 600.
The IPO opens on Thu, Sep 29, 2016, and closes on Tue, Oct 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 Thu, Sep 29, 2016 and closes on Tue, Oct 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 Fri, Oct 14, 2016.
