IPO Issue Details
Issue Price / Price Band₹11 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size18,00,000 shares (aggregating up to ₹1.98 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 21 Mar 2016
Subscription CloseWed, 23 Mar 2016
Anchor AllotmentSun, 20 Mar 2016
Basis of AllotmentTue, 29 Mar 2016
Initiation of RefundsWed, 30 Mar 2016
Credit of Shares to DematWed, 30 Mar 2016
Listing DateFri, 01 Apr 2016
UPI Mandate Deadline2016-03-23
Application & Investment Details
Retail — Min (1 Lots)₹1,10,000 — 10,000 shares
Retail — Max (13 Lots)₹1,430,000 (13 Lots)
HNI — Min (2 Lots)₹2,20,000 — 20,000 shares
Net Offer to Public17,00,000 shares (aggregating up to ₹1.87 Cr)
Reserved for Market Maker1,00,000 shares (aggregating up to ₹0.1100 Cr)
Pre-IPO Promoter Holding34,09,080 shares
Post-IPO Promoter Holding52,09,080 shares
About CHD Chemicals Ltd.
CHD Chemicals Ltd (CHD) is engaged in the business of trading and distribution of high quality chemicals and dyes for textiles industry, leather, and paper industries. It also deals in Construction Chemicals. CHD is a chemicals and dyes trading and distribution company with a diverse product portfolio.To part finance its working capital needs and general corpus funding, the company is coming out with a maiden IPO of 1800000 equity shares of Rs. 10 each at a fixed price of Rs. 11 per share to mobilize Rs. 1.98 crore. Issue opens for subscription on 21.03.16 and will close on 23.03.16. Minimum application is to be made for 10000 shares and in multiples thereon, thereafter. First Overseas Capital Ltd is the sole lead manager and Cameo Corporate Services Ltd is the registrar to the issue. Post allotment, shares will be listed on BSE SME. Its current paid up equity capital of Rs. 3.41 crore will stand enhanced to Rs. 5.21 crore post IPO. In February 2015 it issued around 9 lakh shares at a price of Rs. 11 per share and all previous issues were at par value.
Objects of the Issue
CHD Chemicals Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To part-finance incremental working capital requirements
1.68
Shareholding & Lock-in
Pre-IPO Promoter Holding
34,09,080 shares
Post-IPO Promoter Holding
52,09,080 shares