Contents–
1)–IPO Important Dates
2) IPO Lots
3) About Company
4) Vital Chemtech SME IPO Strengths
5) IPO Objective
6) Company Financials
About Company – Vital Chemtech
Vital Chemtech Limited SME IPO listing on NSE SME comprising a fresh issue of 64 Lakh shares opens for subscription on 31 Oct and closes on 3 Nov, 2022
Incorporated in 2013, Vital Chemtech Limited is engaged in the business of manufacturing of Phosphorus Derivatives Producuts. The company is a manufacturer and supplier of Phosphorus base chemicals with the highest quality practices and compliant with the chemical industry’s highest environmental, Health, and Safety (EHS).
The product range includes Phosphorus Trichloride, Phosphorus Oxychloride, Phosphorus Pentachloride, Phosphorus Pentoxide, Poly Phosphoric Acid, Ortho Phosphoric Acid, and Phosphorus Pentasulfide. https://upstox.com/open-account/?f=4L…
They provide their products across the globe and are catered to the manufacturing of Specialty Chemicals, Chemical Intermediates, Pharmaceuticals, Agrochemicals, Dyestuff & Pigments, Textile Auxiliaries, Water Treatment, Construction Chemicals & Plastic Additives. They have 3 manufacturing facilities in Dahej and Ahmedabadhttps://allideass.com
Objects Of The Issue—
- To Meet Working Capital Requirements.
- General Corporate Purpose..
- To meet Public Issue Expenses.
Company Strengths :—
- Experienced Promoter and Management Team.
- Prime Location of our Manufacturing Facility.
- Long-standing relationships with a diversified customer base
Financials—
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2318.61 | 4161.24 | 105.38 | 303.75 | 0 | 953.91 |
| 31-Mar-21 | 3041.34 | 4768.46 | 293.78 | 597.52 | 0 | 1005.86 |
| 24-Nov-21 | 6408.9 | 8604.27 | 784.5 | 672.06 | 0 | 1636.22 |
| 31-Mar-22 | 8093.71 | 5786.96 | 670.94 | 1337.32 | 670.94 | 3500.09 |
| 30-Apr-22 | 8991.92 | 1080.07 | 135.18 | 1472.5 | 806.12 | 3418.84 |
| Amount in ₹ Lakhs |
Company Promoters
- Mr. Vipul Jatashanker Bhatt
- Mrs. Sangeeta Vipul Bhatt
| Open Date: | October 31, 2022 |
| Close Date: | November 3, 2022 |
| Basis of Allotment: | November 9, 2022 |
| Refunds: | November 10, 2022 |
| Credit to Demat Account: | November 11, 2022 |
| IPO Listing Date: | November 14, 2022 |
Vital Chemtech IPO Details
| IPO Date | Oct 31, 2022 to Nov 3, 2022 |
| Listing Date | — |
| Face Value | ₹10 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Issue Size | 6,400,000 shares of ₹10 |
| Fresh Issue | shares of ₹10 |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| QIB Shares Offered | Not more than 50% of the Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the O |