IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
Ushanti Colour Chem Ltd
Ushanti Colour Chem Ltd
Registered Office : 88/5 GIDC Phase-I,Vatva,Ahmedabad Gujarat 382445 Phone : 91-079-25833315
Fax :
Email : admin@ushanti.com
Website : www.ushanti.com
Initial public offer consisiting of fresh issue of upto 19.26.000 equity shares of face value of Rs.10 each filly paid cash at a price of Rs. 60/- per equity share (including a share premium of Rs. 50 per equity share) (the issue price) aggregating upto Rs. 11.56 Crores ("the issue") of which 98,000 equity' shares of face value Rs.10 each for cash at a price of Rs. 60/- per equity aggregating Rs. 0.59 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reseravation portion i.e. Issue 18,28,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 60 per equity share aggregating Rs. 10.97 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 26.38% and 25.04%, respectively of the fully diluted 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 of Rs. 60/- is 6 times of the face value of the equity shares.
Opens On
Closes On
23-Jul-2018
25-Jul-2018
Application
Allotment
60.00
0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
11.56
11.56
7.30
60.00
Pantomath Capital Advisors Pvt Ltd
- To Finance settiing up of Vinyl Sulphone manufacturing facility at GIDC Saykha Industrial Estate Bharuch
- Repayment/Pre-payment of certain secured borrowings availed by the company
- General Corporate purposes
- Maunal Shantilal Gandhi
- Minku Shantilal Gandhi
- NSE - SME
- Bigshare Services Pvt Ltd