|
|
Incorporated in 2021, Bhatia Colour Chem Limited specializes in trading & manufacturing Chemicals, Dyes, and Auxiliaries products. The company produces Value Added Printing Products, Textile Auxiliaries & Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of ranges and specialization as per the demand of the client. The products are mainly useful for the printing on Textile materials like Polyester & Cotton which includes, ambos on T-shirts, Zari Prints, and shading.
Competitive Strength:
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 18-Feb-22 | |||||
| Total Assets | 3,727.56 | ||||
| Total Revenue | 531.96 | ||||
| Profit After Tax | 35.30 | ||||
The Company proposes to utilize the Net Proceeds from the issue towards the following objects:
| Bhatia Colour Chem IPO Date | Mar 14, 2022 to Mar 16, 2022 |
| Bhatia Colour Chem IPO Face Value | ₹10 per share |
| Bhatia Colour Chem IPO Price | ₹80 per share |
| Bhatia Colour Chem IPO Lot Size | 1600 Shares |
| Issue Size | 5,000,000 shares of ₹10 (aggregating up to ₹40.00 Cr) |
| Fresh Issue | 5,000,000 shares of ₹10 (aggregating up to ₹40.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
| Company Promoters | Mr. Bharat Bhatia, Mr. Ramesh Bhatia, and Mr. Ravi Bhatia are the company promoters. |
The Bhatia Colour Chem IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹128,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1600 | ₹128,000 |
| Maximum | 1 | 1600 | ₹128,000 |
| Pre Issue Share Holding | 74.65% |
| Post Issue Share Holding | 44.14% |
Based on its financial data, the issue is exorbitantly priced. Even the total equity dilution is above 40% raising concern. This segment is highly competitive and fragmented. The sustainability of margins shown for the period ended February 18, 2022, raises concern. Considering all these factors, there is no harm in ignoring this pricy issue. Read detail review...
The Bhatia Colour Chem IPO is subscribed 1.43 times on Mar 16, 2022 6:33:00 PM. The public issue subscribed 0.18 times in the retail category, times in the QIB category, and 2.69 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 2.69 |
| Retail | 0.18 |
| Total | 1.43 |
| Listing Date | Thursday, March 24, 2022 |
| BSE Script Code | 543497 |
| NSE Symbol | |
| Listing In | MT Group of Securities |
| ISIN | INE0KQ001017 |
| IPO Price | ₹80 per share |
| Face Value | ₹10 per share |
|
|
Bhatia Colour Chem Limited
Plot No. A/2/12,
Road No. 1 Udhna Udhyog Nagar,
Sangh, Udhna, Surat – 394210,
Phone: 9104294564
Email: account@bccindia.com
Website: https://www.bccl.info/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Bhatia Colour Chem IPO is a SME IPO of 5,000,000 equity shares of the face value of ₹10 aggregating up to ₹40.00 Crores. The issue is priced at ₹80 per share. The minimum order quantity is 1600 Shares.
The IPO opens on Mar 14, 2022, and closes on Mar 16, 2022.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Bhatia Colour Chem IPO using UPI as a payment gateway. Zerodha customers can apply in Bhatia Colour Chem IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bhatia Colour Chem IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bhatia Colour Chem IPO opens on Mar 14, 2022 and closes on Mar 16, 2022.
Bhatia Colour Chem IPO lot size is 1600 Shares and the minimum order quantity is .
You can apply in Bhatia Colour Chem 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 Bhatia Colour Chem IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bhatia Colour Chem IPO allotment status.
Useful Articles
|
|
IPO Guru (3100+ Posts, 3300+ Likes)
IPO Mentor (800+ Posts, 200+ Likes)
Top Contributor (300+ Posts, 100+ Likes)
