Vital Chemtech Ltd - IPO

Vital Chemtech Ltd IPO Details

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.

Objective of issue

To Meet Working Capital Requirements. General Corporate Purposes.

Vital Chemtech Ltd Contact Details

Vital Chemtech Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - info@vitalgroup.co.in

Website - www.vitalgroup.co.in