Vadivarhe Speciality Chemicals Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

22 May 2017

Close Date

25 May 2017

Allotment

31 May 2017

Listing Date

02 Jun 2017

Exchange

NSE SME

Price Band

₹42

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹42

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

34,44,000 shares (aggregating up to ₹14.46 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹126,000

1 lot

Pre-IPO Holding

1,20,93,750 shares

Promoters

Post-IPO Holding

1,27,82,750 shares

Promoters

UPI Deadline

2017-05-25

Mandate

Anchor AllotmentSun, 21 May 2017

Basis of AllotmentWed, 31 May 2017

Refund InitiationThu, 01 Jun 2017

Demat CreditThu, 01 Jun 2017

Listing DayFri, 02 Jun 2017

UPI Mandate Deadline2017-05-25

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public32,64,000 shares (aggregating up to ₹13.71 Cr)

Market Maker Quota1,80,000 shares (aggregating up to ₹0.7560 Cr)

Fresh Issue Shares5,09,000 shares (aggregating up to ₹2.14 Cr)

Offer for Sale27,55,000 shares of ₹10 (aggregating up to ₹11.57 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Vadivarhe Speciality Chemicals Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 May 2017.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	180,000	—	₹0.76
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,444,000	100%	₹14.46

IPO Shares Offered

Vadivarhe Speciality Chemicals Ltd IPO total issue size: ₹14.46 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	180,000	₹0.76	5.23%
Total	3,444,000	₹14.46	100.00%

* Based on upper price band ₹42 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹42.00

Upper Band

Min Investment

₹126,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹252,000
Retail (Max — 13 Lots)	13	39,000	₹1,638,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,764,000
B-HNI (Min — 68 Lots)	68	204,000	₹8,568,000

* Issue Price ₹42 × Lot Size 3,000 shares

IPO Schedule

Anchor

21 May 2017

✓ Done

IPO Open

22 May 2017

✓ Done

IPO Close

25 May 2017

✓ Done

Allotment

31 May 2017

✓ Done

Refunds

01 Jun 2017

✓ Done

Demat Credit

01 Jun 2017

✓ Done

Listing Day

02 Jun 2017

✓ Done

₹42.00

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Issue ₹42.00 Live Price

About Vadivarhe Speciality Chemicals Ltd

Incorporated in 2009, Vadivarhe Speciality Chemicals Ltd (VSCL) is primarily engaged in manufacturing of Speciality chemicals, Active Pharmaceutical ingredients, intermediate and personal care ingredients.It is a a globally active, Indian chemical producer, focused on organic chemicals and custom synthesis. It has entered into an agreement with Enaltec Labs Pvt Ltd in December 2012 to manufacture API products for them for a period of 10 years based on the material and specification provided by them. The company has also entered into an agreement with Zenvision Pharma LLP for offering its manufacturing facility on Loan and License basis. Some of its major clients are Glaxo Smithkline Pharmaceuticals Ltd, Fine Organics Ltd UK, Chem-Impex International INC, D C Fine Chemicals, USV Ltd, Lupin Ltd, Mankind Pharma Limited, Himedia Laboratories Pvt. Ltd., Hetero Labs Ltd & many others in the Domestic and International sector.

Objects of the Issue

To Meet Working Capital Requirement

General Corporate Expenses

Vadivarhe Speciality Chemicals Ltd Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

Issue Structure & Shareholding

Total Shares Offered34,44,000 (100.00%)

Net Offer to Public32,64,000 shares (aggregating up to ₹13.71 Cr)

Reserved for Market Maker1,80,000 shares (aggregating up to ₹0.7560 Cr)

Pre-Issue Promoter Holding1,20,93,750 shares

Post-Issue Promoter Holding1,27,82,750 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Hem Securities Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Vadivarhe Speciality Chemicals Ltd IPO subscribed? ▲

Vadivarhe Speciality Chemicals Ltd IPO is subscribed 1.00 times by May 25, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Vadivarhe Speciality Chemicals Ltd IPO retail subscription status? ▼

The Vadivarhe Speciality Chemicals Ltd IPO retail category is subscribed 1.00 times as of 25 May 2017. The retail portion is oversubscribed.

How to subscribe Vadivarhe Speciality Chemicals Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 22 May 2017 and closes 25 May 2017. Min investment: ₹126,000 (1 lot = 3,000 shares). UPI mandate: 2017-05-25.

How many times Vadivarhe Speciality Chemicals Ltd IPO subscribed? ▼

The Vadivarhe Speciality Chemicals Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vadivarhe Speciality Chemicals Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 31 May 2017. Refunds: on 01 Jun 2017.

When Vadivarhe Speciality Chemicals Ltd IPO will be listed? ▼

The Vadivarhe Speciality Chemicals Ltd IPO listing date is 02 Jun 2017, Friday. Listed on: NSE SME. Issue price: ₹42. Estimated listing: ₹42. GMP: NIL.

When Vadivarhe Speciality Chemicals Ltd IPO close? ▼

The Vadivarhe Speciality Chemicals Ltd IPO closes on 25 May 2017, Thursday. UPI mandate: 2017-05-25. Allotment: 31 May 2017. Listing: 02 Jun 2017.

Quick Actions

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Live Price LIVE

Last Price₹42.00

Change—

Issue Price₹42.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹42

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹126,000

GMPNIL

Est. Listing₹42

Subscribed1.00x

Open Date22 May 2017

Close Date25 May 2017

Allotment31 May 2017

Listing Date02 Jun 2017

ExchangeNSE SME

UPI Deadline2017-05-25