Bhatia Colour Chem Ltd - IPO

Bhatia Colour Chem Ltd IPO Details

public issue of 50,00,000 equity shares of face value of Rs. 10 each of Bhatia Colour Chem Limited (BCCL or the Company or the Issuer) for cash at a price of Rs. 80 per equity share including a share premium of Rs. 70 per equity share (the Issue Price) aggregating to Rs. 40.00 crores (The Issue), of which 2,64,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 80 per equity share including a share premium of Rs. 70 per equity share aggregating to Rs. 2.11 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 47,36,000 equity shares of face value of Rs. 10 each at a price of `80 per equity share aggregating to Rs. 37.88 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 40.87% and 38.71% respectively of the 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 is 8 times of the face value.Minimum application Size of 1600 equity shares and in multiples of 1600equity shares thereafter.

Objective of issue

Acquire Partnership Firm M/s Polychem Exports. Working Capital. General Corporate Purposes.

Bhatia Colour Chem Ltd Contact Details

Bhatia Colour Chem Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - account@bccindia.com

Website - www.bccl.info