Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Tue, Jun 7, 2016 - Fri, Jun 10, 2016
Yash Chemex IPO is a fixed price issue of ₹2.51 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹2.51 crore.
Yash Chemex IPO bidding started from Jun 7, 2016 and ended on Jun 10, 2016. The shares got listed on BSE SME on Jun 20, 2016.
Yash Chemex IPO price is ₹23 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,38,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,76,000.
Pantomath Capital Advisors Pvt.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 Rikhav Securities Ltd..
Refer to Yash Chemex IPO RHP for detailed Information.
IPO Open
Tue, Jun 7, 2016
IPO Close
Fri, Jun 10, 2016
Issue Price
₹23 per share
Market Cap (Pre-IPO)
₹9.42 Cr
| IPO Date | 7 to 10 Jun, 2016 |
| Listed on | Mon, Jun 20, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹23 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 10,92,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 60,000 shares Rikhav Securities Ltd. (agg. up to ₹0.1380 Cr) |
| Fresh Issue (Ex Market Maker) | 10,32,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 10,32,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 30,05,370 shares |
| Share Holding Post Issue | 40,97,370 shares |
| BSE Script Code | 539939 |
| ISIN | INE571U01010 |
Yash Chemex IPO comprises a total issue size of 10,92,000 shares. The net offer to the public is 10,32,000 shares, after excluding 60,000 shares allotted on a firm basis. Of the Net offer 5,16,000 (50.00%) allocated to NII 5,16,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,16,000 | 50.00% | 47.25% |
| Retail Shares Offered | 5,16,000 | 50.00% | 47.25% |
| Firm Reservations | |||
| Market Maker Shares Offered | 60,000 | 5.49% | |
| Total Shares Offered | 10,92,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,38,000 |
| Retail (Max) | 1 | 6,000 | ₹1,38,000 |
| HNI (Min) | 2 | 12,000 | ₹2,76,000 |
Incorporated in 2006, Yash Chemex Ltd (YCL) is engaged in importing and trading of dyes, chemicals and intermediates for textile and garment industry, water treatment industry, laminate industry, agrochemicals, adhesives, metal industry etc. The products focused are Tobias Acid, Beta Nephthol, Suplho Tobias Acid, J Acid, H Acid, Bon Acid and Melamine.
They have diverse product portfolio of different varieties of Chemical and Acid. Company's major selling products are Tobias Acid, Beta Nephthol and Melamine. They supply product across various industries such as Medicine manufacturing company, Oil paint producing company, plastic products company among others.
| 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 | 1.76 |
| 2 | General Corporate Purpose | 0.40 |
| KPI | |
|---|---|
| RoNW | 1.14% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 62.15% | 45.59% |
| Market Cap | ₹9.42 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 | Payment to Merchant Banker including payment to other intermediaries such as Registrars etc. | 0.25 |
| 2 | Regulatory fees and expense | 0.05 |
| 3 | Other Expenses (Printing & Stationery, Advertisement, Auditors Fees etc) | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹23.00 |
| Open | ₹23.85 |
| Low | ₹23.05 |
| High | ₹26.00 |
| Last Trade | ₹24.60 |
Lead Manager Reports
Yash Chemex IPO is a SME IPO of 10,92,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹23 per share. The minimum order quantity is 6000.
The IPO opens on Tue, Jun 7, 2016, and closes on Fri, Jun 10, 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 Yash Chemex IPO using UPI as a payment gateway. Zerodha customers can apply in Yash Chemex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Yash Chemex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Yash Chemex IPO opens on Tue, Jun 7, 2016 and closes on Fri, Jun 10, 2016.
Yash Chemex IPO lot size is 6000, and the minimum amount required for application is ₹1,38,000.
You can apply in Yash Chemex 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 Yash Chemex IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Yash Chemex IPO allotment status.
The Yash Chemex IPO listing date is on Mon, Jun 20, 2016.
