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Alkali Metals Limited IPO (Alkali Metals IPO) Detail

October 7, 2008 - October 15, 2008

Alkali Metals IPO is a book built issue of Rs 26.27 crores.

Alkali Metals IPO bidding started from October 7, 2008 and ended on October 15, 2008. The shares got listed on BSE, NSE on November 6, 2008.

Alkali Metals IPO price band is set at ₹86 to ₹103 per share. The minimum lot size for an application is 65 Shares. The minimum amount of investment required by retail investors is ₹6,695.

Saffron Capital Advisors Private Limited is the book running lead manager of the Alkali Metals IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to Alkali Metals IPO DRHP for detailed information.

Alkali Metals IPO Details

IPO Date October 7, 2008 to October 15, 2008
Listing Date November 6, 2008
Face Value ₹10 per share
Price Band ₹86 to ₹103 per share
Lot Size 65 Shares
Total Issue Size2,550,000 shares
(aggregating up to ₹26.27 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Alkali Metals IPO Lot Size

Investors can bid for a minimum of 65 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 65 ₹6,695
Retail (Max) 29 1885 ₹194,155
Lot Size Calculator

About Alkali Metals Limited

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

ParticularsFor the year/period ended (Rs. in Millions)
  Total Income653.35640.00649.36406.89426.45
  Profit After Tax (PAT)79.3276.05132.9947.0563.34

Objects of the Issue (Alkali Metals IPO Objectives)

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 Subscription Status (Bidding Detail)

The Alkali Metals IPO is subscribed 1.04 times on October 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)

CategorySubscription (times)

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

External Link

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 Prospectus

Alkali Metals IPO Rating

Rating:Rated 3.4 stars
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Alkali Metals IPO Listing Details

Listing Date November 6, 2008
BSE Script Code 533029
ISIN INE773I01017
Final Issue Price ₹103 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Alkali Metals Limited Contact Details

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

Alkali Metals IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390

Alkali Metals IPO - Buy or Not

Alkali Metals IPO Recommendation Summary

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

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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 October 7, 2008, and closes on October 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 October 7, 2008 and closes on October 15, 2008.

Alkali Metals IPO lot size is 65 Shares, and the minimum amount required is ₹6,695.

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, Nuvama, 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 November 6, 2008.
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Alkali Metals IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



37. vaisakh |   Link |  Bookmark |June 24, 2009 10:34:22 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 |  Bookmark |May 29, 2009 3:09:51 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 |  Bookmark |February 19, 2009 7:21:18 PM
sold alkali metel in Rs 145 TRG aug 2009 Rs 30
34. Priya jain |   Link |  Bookmark |January 22, 2009 2:15:00 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 |  Bookmark |January 20, 2009 11:06:00 AM
Sell 590085 Gloster jute company closeeeeeee
32. Harjir S Kapoor |   Link |  Bookmark |December 27, 2008 4:16:25 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 |  Bookmark |December 16, 2008 3:43:53 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.
Vaibhav International, Udaipur Rajasthan, India
Ph.: + 91 94142 33706, 93524 9776 (After 4 PM to 9 PM)

30. AKA |   Link |  Bookmark |December 6, 2008 2:59:20 PM

Issues Open       Forthcoming Issues       Issues Closed

Issues Open
SC Code       

      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





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29. Avinaskk |   Link |  Bookmark |December 5, 2008 9:35:55 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.

28. sanjay |   Link |  Bookmark |November 5, 2008 8:19:45 PM
what you listing prize????
27. A RAMESH |   Link |  Bookmark |November 4, 2008 8:27:19 PM
anybody can predict about SEL MANUFACTURING price will up as itsprevious high again?
26. Mahesh |   Link |  Bookmark |November 4, 2008 5:19:33 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 |  Bookmark |November 3, 2008 6:39:14 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

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\ 205081
aplication amount 97920\-
shares applied 128 @ 765 per share
share alloted nil
amount refund nil

please do it as soon as possible.

vikas dhaiya

24. G.R.GURURAJA RAO |   Link |  Bookmark |November 1, 2008 9:07:34 PM

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

23. rahul |   Link |  Bookmark |October 25, 2008 2:41:07 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 |  Bookmark |October 25, 2008 11:28:21 AM
when is the listing?
21. nareshvadera |   Link |  Bookmark |October 24, 2008 6:00:11 PM
market bottam is 5600 levle surely
20. raju |   Link |  Bookmark |October 23, 2008 11:14:19 PM
can anybody tell where will be bottom point of present market
19. Vishwas |   Link |  Bookmark |October 19, 2008 5:04:36 PM
no chance to revive for next 12 to 18 months---experts views
18. SANJU BABA |   Link |  Bookmark |October 18, 2008 12:53:05 PM
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.