IPO Issue Details
Issue Price / Price Band₹101 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size63,99,600 shares (aggregating up to ₹64.64 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 31 Oct 2022
Subscription CloseThu, 03 Nov 2022
Anchor AllotmentSun, 30 Oct 2022
Basis of AllotmentWed, 09 Nov 2022
Initiation of RefundsThu, 10 Nov 2022
Credit of Shares to DematFri, 11 Nov 2022
Listing DateMon, 14 Nov 2022
UPI Mandate Deadline2022-11-03
Application & Investment Details
Retail — Min (1 Lots)₹1,21,200 — 1,200 shares
Retail — Max (13 Lots)₹1,575,600 (13 Lots)
HNI — Min (2 Lots)₹2,42,400 — 2,400 shares
P/E Ratio (Pre-IPO)14.94x
Net Offer to Public60,79,200 shares (aggregating up to ₹61.40 Cr)
Reserved for Market Maker3,20,400 shares (aggregating up to ₹3.24 Cr)
Pre-IPO Promoter Holding1,75,51,500 shares
Post-IPO Promoter Holding2,39,51,100 shares
About Vital Chemtech Ltd.
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).Vital Chemtech Limited's manufacturing facilities are located at 3 Various Sites in the GIDC Area. Dahej area of PCPIR region and One is located in GIDC Area, Sanand District Ahmedabad.The company manufactures Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA) and Phosphorus Pentasulfide (P2S5) for our customers across segments such as Lifesciences, Crop Care, Specialty Chemicals, Textile Auxiliaries, Dyes, Pigments and Plastic Additives.Competitive Strength:Experienced Promoter and Management Team.Prime Location of our Manufacturing Facility.Long-standing relationships with a diversified customer base.Focus on Quality, Environment, Health and Safety.Wide Application of Products.
Objects of the Issue
Vital Chemtech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital Requirements
45.00
2
2 General Corporate Purpose
15.75
3
3 Public Issue Expenses
3.88
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,75,51,500 shares
Post-IPO Promoter Holding
2,39,51,100 shares