Alkali Metals Limited IPO (Alkali Metals IPO) Detail

Oct 7, 2008 - Oct 15, 2008

Incorporated in 1968, Alkali Metals Limited is a Hyderabad based manufacturer of sodium derivatives, pyridine derivatives and verity of fine chemicals. Products in these categories include amides, hydrides, alkoxides, azides, tetrazoles, pyridine compounds, cyclic compounds, drug and pharma intermediates, specialty fine chemicals etc. Apart from the above, Alkali has developed 246 products in the aforesaid categories.

Company has two manufacturing facilities. Both of these facilities are ISO 9001: 2000 and ISO 14001:2004 certified with combined installed capacity of 4,400 MTPA.

Being more then 35 years old, company has list of long term clients specially in the field of Petrochemicals, Chlor- Alkali & Inorganic chemicals, Organic chemicals, Paints and dyes, Fine and specialties and Agrochemicals. Company�s top three customer�s account for 18.16% of its turnover for the FY 2008 and top 10 customers account for 42.81% of its turnover.

Company Financials

Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05	31-Mar-04
Total Income	653.35	640.00	649.36	406.89	426.45
Profit After Tax (PAT)	79.32	76.05	132.99	47.05	63.34

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. Setting up of an Active Pharmaceutical Ingredients (API) plant at Jawaharlal Nehru Pharma City at Visakhapatnam with an installed capacity of 672 MTPA;
2. General Corporate Purposes.

Alkali Metals IPO Details

Alkali Metals IPO Date	Oct 7, 2008 to Oct 15, 2008
Alkali Metals IPO Face Value	₹10 per share
Alkali Metals IPO Price	₹86 to ₹103 per share
Alkali Metals IPO Lot Size	65 Shares
Issue Size	2,550,000 shares of ₹10 (aggregating up to ₹26.27 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE

Alkali Metals IPO Lot Size

The Alkali Metals IPO lot size is 65 shares. A retail-individual investor can apply for up to 29 lots (1885 shares or ₹194,155).

Application	Lots	Shares	Amount
Minimum	1	65	₹6,695
Maximum	29	1885	₹194,155

Alkali Metals AML IPO Grading / Rating

ICRA has assigned an IPO Grade 2 to AML IPO. This means as per ICRA, company has below average fundamentals. ICRA assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

IPO Notices

NSE Notice (Posted on Friday, Oct 10 2008)
Book Running Lead Manager to the issue has informed the Exchange that the Book Building issue of ALKALI METALS LIMITED will close on Oct 15, 2008 instead of the earlier closing day on Oct 10, 2008. Further price band has revised from Rs 90 /- to Rs 105 /- per share to Rs 86 /- to Rs 103 /- per share.

Alkali Metals IPO Subscription Status (Bidding Detail)

The Alkali Metals IPO is subscribed 1.04 times on Oct 15, 2008 5:00:00 PM. The public issue subscribed 0.63 times in the retail category, 0.72 times in the QIB category, and 3.09 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category	Subscription (times)

Alkali Metals IPO Prospectus

› Alkali Metals IPO DRHP

Alkali Metals IPO Rating

3.4

Rating:

Vote Here ...

Alkali Metals IPO Listing Date

Listing Date	Thursday, November 6, 2008
BSE Script Code	533029
NSE Symbol	ALKALI
Listing In	B Group of Securities
ISIN	INE773I01017
IPO Price	₹103 per share
Face Value	₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade

BSE
₹103.00
₹90.00
₹90.50
₹179.30
₹173.15

NSE
₹103.00
₹99.00
₹99.00
₹179.00
₹173.40

Company Contact Information

Alkali Metals Limited
Alkali Metals Limited,
B-5, Block III, Industrial Development Area, Uppal
Hyderabad-500 039, Andhra Pradesh, India
Phone: +91 40 2720 2298
Email: secretarial@alkalimetals.com
Website: http://www.alkalimetals.com

Alkali Metals IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: cameo@cameoindia.com
Website: https://online.cameoindia.com/

Alkali Metals IPO Review

Alkali Metals IPO Recommendation Summary

Review By	Subscribe	Neutral	Avoid
Brokers	0	0	2
Members	0	0	0

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IPO Broker Recommendations

Hem Securities - Avoid
Smart Investments Ltd - Avoid

Alkali Metals IPO Lead Manager(s)

Saffron Capital Advisors Private Limited (Past IPO Performance)

Lead Manager Reports

Alkali Metals IPO FAQs

Alkali Metals IPO is a main-board IPO of 2,550,000 equity shares of the face value of ₹10 aggregating up to ₹26.27 Crores. The issue is priced at ₹86 to ₹103 per share. The minimum order quantity is 65 Shares.

The IPO opens on Oct 7, 2008, and closes on Oct 15, 2008.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Alkali Metals IPO opens on Oct 7, 2008 and closes on Oct 15, 2008.

Alkali Metals IPO lot size is 65 Shares and the minimum order quantity is .

You can apply in Alkali Metals IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Alkali Metals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Alkali Metals IPO allotment status.

The Alkali Metals IPO listing date is on Thursday, November 6, 2008.

Alkali Metals IPO Message Board

Ranked Members of Chittorgarh.com Forum Ranked Members | Most Liked Members

37 Comments

37. vaisakh | Link |Jun 24, 2009 9:34:22 PM

Dear boarders, who are for and against this IPO, Nobody knows what happens in the market tomorrow. People comment on reliance power. They are right because it never reached its issue price. But that is surely not because of over priced IPO. Measuring with that scale many issues were over priced. DLF IPO was overpriced at that time.Many days after listing it moved up outperforming index. Consider Alkali Metals issue during a southward movement of indices. There were very few comments in this forum for Alkali Metals. Issue was just subscribed. Most of the people commented that fundamentals are poor. Check what was its listing price and what is the price now. So what matter is timing. If timing is good it will fetch you good gains, else book loss. Decide your own. After all it is your money.

36. Shareking | Link |May 29, 2009 2:09:51 PM

Rishabhdev Technocable IPO to open on June 4

Rishabhdev Technocable, a cable manufacturing and trading company is entering the capital market with its initial public offer of 90,00,000 equity shares of Rs 10 each. The issue will open on June 4, 2009 and close on June 9, 2009. The price band is fixed at Rs 29-33 per share.

The issue comprises a promoters contribution of 21,45,500 equity shares and a net issue to the public of 68,54,500 equity shares. The net issue to the public would constitute 46.66% of the fully diluted post-issue equity share capital of the company.

The existing equity shares of the company are listed for trading on the Pune Stock Exchange (PSE) and the Jaipur Stock Exchange (JSE). The fresh issue of shares of the company are also proposed to be listed on the Bombay Stock Exchange.

The company is expanding into manufacturing of Power and Control Cables on a major level. The objects of the issue include amongst others, expansion cum modernization of existing manufacturing facilities at Daman and setting up new facilities for manufacturing of Control and Power Cables at Daman and Silvassa respectively.

The book running lead managers to the Issue are IDBI Capital Market Services Limited and PL Capital Markets Private Limited.

35. amitgarg | Link |Feb 19, 2009 6:21:18 PM

sold alkali metel in Rs 145 TRG aug 2009 Rs 30

34. Priya jain | Link |Jan 22, 2009 1:15:00 AM

Mr. kapoor,

if you invest for growth and want minimum risk then mutual fund is best opprtunities for you and if you invest money for instantly growth and ready to take some risk then its equity is right choice for you . But i feel you can start from mutual fund for first few month and then take guidence for your friend or person who deal in equity shares and then invest in shares

33. CHIRAG | Link |Jan 20, 2009 10:06:00 AM

Sell 590085 Gloster jute company closeeeeeee

32. Harjir S Kapoor | Link |Dec 27, 2008 3:16:25 PM

Dear Sir Can you advice me when can I invest 50000 rupees and with which company a least for one or two years. so kind of you .I need your advice strongly. regards

31. mukesh upadhyaya | Link |Dec 16, 2008 2:43:53 PM

Shares of Godrej Industries are trading at Rs 70.00, up Rs 3.2, or 4.79% at the Bombay Stock Exchange (BSE) on Tuesday at 12:32 p.m.

The scrip has touched an intra-day high of Rs 72.35 and low of Rs 66.75. The total volume of shares traded at the BSE is 198,906.

In the earlier session, the shares rose 8.27%, or Rs 5.1, at Rs 66.80.

Currently, the stock is trading down 86.12% from its 52-week high of Rs 504.50 and above 51.35% over the 52-week low of Rs 46.25.

www.sharehottips.com
Vaibhav International, Udaipur Rajasthan, India
Ph.: + 91 94142 33706, 93524 9776 (After 4 PM to 9 PM)

30. AKA | Link |Dec 6, 2008 1:59:20 PM

Issues Open       Forthcoming Issues       Issues Closed

Issues Open
SC Code

Company
      CM Rating       BA/NIM       Issue Size (Rs. Cr)       Opens       Closes       Offer Price       List Price       Var
(%)       Subscription
Upto 1000       Above 1000       Total
Rate !       Gemini Engi-Fab Ltd
(Book Built Portion)



41.25 - 44.00


15-Dec-2008


18-Dec-2008


75-80


-


NA
      -       -        -
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Top

29. Avinaskk | Link |Dec 5, 2008 8:35:55 AM

Hi Mso, you posted valuable views on discussion forum, I really impressed with some of them.You said some books are to read and make portfolio, can you please suggest me some of the books to go through.

Please send me your e-mail id, so that I can regularly get touch with you.

Thanks,
Avinas

28. sanjay | Link |Nov 5, 2008 7:19:45 PM

what you listing prize????

27. A RAMESH | Link |Nov 4, 2008 7:27:19 PM

anybody can predict about SEL MANUFACTURING price will up as itsprevious high again?

26. Mahesh | Link |Nov 4, 2008 4:19:33 PM

By looking at the background and pharma & chemical industry performance in this market condition, this will list at 113 and end with 90 with max of 190 on the listing day.

25. vikas dahiya | Link |Nov 3, 2008 5:39:14 PM

I have applied for 128 Nos share of future capital ltd.
but till date nither I have received share
allotment nor refund money. I have also checked status
of my application at Karvy internet site and submitted
required information before 15 days . there is no
response . Please do the needful at the
earliest.

for future capital holdings ltd. (IPO)

name vikas dahiya
add. e-36 first floor sector 3 rohini delhi 110085
present add. house no 1626 sector 6 bahadurgarh distt- jhajjar haryana 124507
application no. 34300933
client id 10401917
d.p id IN300966
D P name globe capital market ltd.
bank detail canara bank (bahadurgarh branch)
bank a\c.no. 205081
aplication amount 97920\-
shares applied 128 @ 765 per share
share alloted nil
amount refund nil

please do it as soon as possible.

regards
vikas dhaiya

24. G.R.GURURAJA RAO | Link |Nov 1, 2008 8:07:34 PM

Mr.Deepak

You will get interest Appr. Rs. 813 for Rs. 5625

23. rahul | Link |Oct 25, 2008 1:41:07 PM

can anybody tell me what is the lowest next level of the sensex and nifty and when the bear market end, and last question is what is the good investment time

22. babu | Link |Oct 25, 2008 10:28:21 AM

when is the listing?

21. nareshvadera | Link |Oct 24, 2008 5:00:11 PM

market bottam is 5600 levle surely

20. raju | Link |Oct 23, 2008 10:14:19 PM

can anybody tell where will be bottom point of present market

19. Vishwas | Link |Oct 19, 2008 4:04:36 PM

no chance to revive for next 12 to 18 months---experts views

18. SANJU BABA | Link |Oct 18, 2008 11:53:05 AM

Where is the person , who has written a very good story about FII??????(MONKEY STORY......) IN THE MONTH OF jan-2008.

Many many thanks to him.
THIS IS VERY GOOD SITE.
NOW MARKET MAY CCCCC??????

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