Vadivarhe Speciality Chemicals Ltd

- Hem Securities Ltd

Initial Public Issue of 34,44,000 Equity Shares of Face Value of Rs. 10 Each (Equity Shares) of Vadivarhe Speciality Chemicals Limited (the Company or Issuer) for cash at a Price of Rs. 42 Per Equity Share (Including a Share Premium of Rs. 32 Per Equity Share) (Issue Price) Aggregating to Rs. 14.47 crores (Issue) Consisting of a Fresh Issue of 6,89,000 Equity Shares of Face Value of Rs 10 each (Equity Shares) For cash at a Price of Rs. 42 Per Equity Share aggregating to Rs. 2.89 crores (Issue) and 27,55,000 Equity Shares of Face Value of Rs. 10 each (Equity Shares) for cash at a price of Rs. 42 Per Equity Share Aggregating to 11.57 crores through an offer for Sale By Mr. Sunil Haripant Pophale (Referred as Promoter Selling shareholder) of Which 1,80,000 Equity Shares of Face value of Rs. 10 Each for a Cash Price of Rs.42 Per Equity Share, Aggregating to Rs.0.76 crores will be reserved for subscription by market Maker (Market Maker Reservation Portion). The issue less The Market Maker Reservation Portion I.E. Issue of 32,64,000 Equity Shares of Face Value of Rs. 10.00 each at an Issue Price of Rs. 42 Per Equity Share aggregating to Rs. 13.71 crores (is Hereinafter referred to as The Net Issue). The issue and the Net Issue will Constitute 26.94% and 25.53%, Respectively of the Post Issue Paid up Equity Share Capital of the Company.The Face Value of the Equity Shares is Rs.10 each and The Issue Price is Rs. 42. The Issue Price Is 4.2 Times of the face Value.

  • Issue

    • Opens On22 May 2017
    • Closes On25 May 2017
  • Money Payable On

    • Application42
    • Allotment0
  • Project Cost (Cr.)0
  • Post Issue Equity Share Capital (Cr.)12.78
  • Issue Price (D)42

Further Multiples of: 3000

Projects

  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Bigshare Services Pvt Ltd

    Gat No 204 Vadivarhe Igatpu Igatpuri

    Maharashtra- 422403

    Phone - 91-2553-282200

    Fax -

    Email - cs@vscl.co.in/ inquiry@vscl.in

    Website - www.vscl.net.in

    Ready to invest with us?

    Share your Mobile Number with us and get started

    • +91|
    scrollToTop