Issue Price
₹25
Per Share
GMP
NIL
Grey Market
Est. Listing
₹25
Expected Price
Min. Application
₹300,000
2 lots × 6000 shares
Incorporated in 1994, Gujarat based Mahickra Chemicals Limited is engaged in the business of manufacturing and trading of Reactive Dyes. The company manufactures 40 various types of Reactive Dyes. The products of the company cater to textiles & garments manufacturers. It also offers specialty performance chemicals to the Textile Dyeing and printing industry.Mahickra has a production capacity of approx. 900 tons per annum. The manufacturing facility of the company is situated at Vatva GIDC in Gujarat. The facility is spread over 2 storeyed 700 sq. meters in area. It is an ISO 9001:2015, ISO 14001:2015 and GOTS certified company. The company had 18 employees on its payroll as on 31st January 2018.
Mahickra Chemicals Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 108,000 | — | ₹0.27 Cr | — |
| TOTAL | 2,100,000 | 100.00% | ₹5.25 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹150,000 |
| Retail (Max) | 13 | 78,000 | ₹1,950,000 |
| sNII (Min) | 14 | 84,000 | ₹2,100,000 |
| bNII (Min) | 68 | 408,000 | ₹10,200,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 4225.85 | 3478.82 | 4275.15 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 35.27 | 15.17 | 8.60 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2562.24 | 1817.89 | 1781.93 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |