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Vital Chemtech Ltd

Vital Chemtech Ltd

    Registered Office : B-406 Mondeal heights Opp.,Karnavati Club S G Highway,Ahmedabad Gujarat 380015 Phone : 91-79-46005840
    Fax :

    Email : info@vitalgroup.co.in

    Website : www.vitalgroup.co.in

Initial public issue of upto 6399600 equity shares of face value of Rs. 10/- each of Vital Chemtech Limited ("VCL" or the "Company" or the "Issuer") for cash at a price of Rs. 101/- per equity share including a share premium of Rs. 91/- per equity share (the "Issue Price") aggregating to Rs. 64.64 crores ("The Issue"), of which upto 320400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 101 per equity share including a share premium of Rs. 91 per equity share aggregating to Rs. 3.24 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of upto 6079600 equity shares of face value of Rs. 10/- each at a price of Rs. 101- per equity share including a share premium of Rs. 91 per equity share aggregating to Rs. 61.40 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.72% and 25.38%, respectively, of the post issue paid up equity share capital of the company. Issue Price: Rs. 101 per equity shares of face value of Rs. 10 each. The issue price is 10.1 times the face value of the equity shares. Bids can be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue

Opens On

Closes On

31-Oct-2022

03-Nov-2022

Money Payable On

Application

Allotment

101.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

60.75

64.64

23.95

101.00

Beeline Capital Advisors Pvt Ltd

Projects
  • To Meet Working Capital Requirements
  • General Corporate Purposes
Promoted By
  • Vipul Jatashanker Bhatt
Listing At
  • NSE - SME
Registrar to the Issue
  • Skyline Financial Services Pvt