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Satol Chemicals Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 30.24 cr

Price Range (₹)

₹ 72

Lot Size

1600

Min Investment (₹)

₹ 1,15,200.00

Listing Exchange

BSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Satol Chemicals Ltd IPO Details

    Initial public offer of up to 42,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Satol Chemicals Limited (the company or the Issuer) for cash at a price of Rs. 72/- per equity share, including a share premium of Rs. 62/- per equity share (the Issue Price), aggregating to Rs. 30.24 crores (the Issue), of which 2,11,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 1.52 crores will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 39,88,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72/- per equity share, aggregating to Rs. 28.72 crores is here in after referred to as the Net Issue. The issue and the net issue will constitute 27.35 % and 25.98 % respectively of the post issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 72/- each i.e., 7.2 times of the face value of the equity shares. The minimum lot size is 1,600 equity shares.

    Objective of issue

    Part funding capital expenditure towards setting up new manufacturing facility. General corporate expenses.

    Satol Chemicals Ltd Contact Details

    Satol Chemicals Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@satol.net

    Website - https:, www.satol.net