IPO Issue Details
Issue Price / Price Band₹80 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size50,00,000 shares (aggregating up to ₹40.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 14 Mar 2022
Subscription CloseWed, 16 Mar 2022
Anchor AllotmentSun, 13 Mar 2022
Basis of AllotmentTue, 22 Mar 2022
Initiation of RefundsWed, 23 Mar 2022
Credit of Shares to DematWed, 23 Mar 2022
Listing DateThu, 24 Mar 2022
UPI Mandate Deadline2022-03-16
Application & Investment Details
Retail — Min (1 Lots)₹1,28,000 — 1,600 shares
Retail — Max (13 Lots)₹1,664,000 (13 Lots)
HNI — Min (2 Lots)₹2,56,000 — 3,200 shares
P/E Ratio (Pre-IPO)166x
Net Offer to Public47,36,000 shares (aggregating up to ₹37.89 Cr)
Reserved for Market Maker2,64,000 shares (aggregating up to ₹2.11 Cr)
Pre-IPO Promoter Holding72,33,750 shares
Post-IPO Promoter Holding1,22,33,750 shares
About Bhatia Colour Chem Ltd.
Incorporated in 2021, Bhatia Colour Chem Limited specializes in trading & manufacturing Chemicals, Dyes, and Auxiliaries products. The company produces Value Added Printing Products, Textile Auxiliaries & Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester & Cotton which includes, ambos on T-shirts, Zari Prints, and shading.Competitive Strength:Experienced Promoters with sound market knowledge.Specialized in developing and marketing value-added printing products.Cordial relations with Customers.Formulation of chemicals and quality maintenance.
Objects of the Issue
Bhatia Colour Chem Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Acquire partnership firm M/s Polychem Exports
21.00
3
3 General Corporate Purposes
9.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
72,33,750 shares
Post-IPO Promoter Holding
1,22,33,750 shares