CHD Chemicals Ltd IPO (CHD Chemicals IPO) Detail

Mar 21, 2016 - Mar 23, 2016

CHD Chemicals Ltd (CHD) is engaged in the business of trading and distribution of high quality chemicals and dyes for textiles industry, leather, and paper industries. It also deals in Construction Chemicals. CHD is a chemicals and dyes trading and distribution company with a diverse product portfolio.

To part finance its working capital needs and general corpus funding, the company is coming out with a maiden IPO of 1800000 equity shares of Rs. 10 each at a fixed price of Rs. 11 per share to mobilize Rs. 1.98 crore. Issue opens for subscription on 21.03.16 and will close on 23.03.16. Minimum application is to be made for 10000 shares and in multiples thereon, thereafter. First Overseas Capital Ltd is the sole lead manager and Cameo Corporate Services Ltd is the registrar to the issue. Post allotment, shares will be listed on BSE SME. Its current paid up equity capital of Rs. 3.41 crore will stand enhanced to Rs. 5.21 crore post IPO. In February 2015 it issued around 9 lakh shares at a price of Rs. 11 per share and all previous issues were at par value.

Company Promoters:

The Promoters of the Company is Ms. Divya Kothari.

Objects of the Issue:

The objects of the Issue are as stated below:

1. To part-finance incremental working capital requirements
2. To meet the expenses of the Issue

CHD Chemicals IPO Details

IPO Date	Mar 21, 2016 - Mar 23, 2016
Issue Type	Fixed Price Issue IPO
Issue Size	1,800,000 Eq Shares of ₹10 (aggregating up to ₹1.98 Cr)
Face Value	₹10 Per Equity Share
IPO Price	₹11 Per Equity Share
Market Lot	10000 Shares
Min Order Quantity	10000 Shares
Listing At	BSE SME

CHD Chemicals IPO Lot Size and Price (Retail)

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	10000	₹110,000
Maximum	1	10000	₹110,000

CHD Chemicals IPO Prospectus

CHD Chemicals IPO Rating

4.0

Rating:

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CHD Chemicals IPO Listing Date

Listing Date	Friday, April 1, 2016
BSE Script Code	539800
NSE Symbol
Listing In
ISIN	INE043U01010
IPO Price	₹11 Per Equity Share
Face Value	₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹11.00
₹9.20
₹8.80
₹10.50
₹8.80
120,000

CHD Chemicals IPO Reviews / Ratings

Dilip Davda - Subscribe

Company Contact Information

CHD Chemicals Ltd
SCO 19, Ist Floor,
Industrial Area Ramdarbar Phase-II
Chandigarh-160002

Phone: +91 172 5086 877
Email: info@ccichd.com
Website: http://www.chdchemicalsltd.com

CHD Chemicals IPO Registrar

Cameo Corporate Services Limited
   Cameo Corporate Services Ltd.,
   Subramanian Building # 1, Club House Road,
   Chennai 600 002 - India

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

CHD Chemicals IPO Lead Manager(s)

First Overseas Capital Limited

Lead Manager Reports

CHD Chemicals IPO FAQs

1. What is CHD Chemicals IPO?

CHD Chemicals IPO is a SME IPO of 1,800,000 equity shares of the face value of ₹10 aggregating up to ₹1.98 Crores.

The issue price of the IPO is ₹11 Per Equity Share. The minimum order quantity is 10000 Shares per application and the offer type is Fixed Price Issue.

The IPO opens on Mar 21, 2016 and closes on Mar 23, 2016.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
2. When CHD Chemicals IPO will open?

The CHD Chemicals IPO opens on Mar 21, 2016 and closes on Mar 23, 2016.
3. How to apply for CHD Chemicals IPO?

CHD Chemicals IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
4. When CHD Chemicals IPO allotment?

The finalization of Basis of Allotment for CHD Chemicals IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the CHD Chemicals IPO allotment status.
5. When is CHD Chemicals IPO listing date?

The CHD Chemicals IPO listing date is on Friday, April 1, 2016, at BSE SME.
6. What is the lot size of CHD Chemicals IPO?

CHD Chemicals IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

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CHD Chemicals IPO Review / Comments

4. IPOANALYSIS Apr 1, 2016 15:58

DID N''T FIND ANYTHING WRONG WITH COMPANY FINANCIAL AND NOR ANY NEGATIVES WHILE GOING THROUGH ITS PROPECTUS

WHAT I HAVE FOUND IS ANYWHERE YOU HAVE CHENNAI NAME ASSOCIATED EITHER IF ITS A CHENNAI COMPNAY OR CHENNAI LEAD MANAGER STAY AWAY COMOPLETELY

NOT SURE WHY ALL CHENNAI BASED COMPANIES COMES AS A CHOR TO LOOT PEOPLE

CHECK URSELF OFS TECHNOLOGIES, CAMEO ISSUES .ON MOST COUNTS THEY WILL FAIL TO ENTHINVESTORS.

ANYWAY I THINK ITS MIGHT BE A PANIC REACTION TO THIS ISSUE
SEE URSELF CHD CHEMICAL HAS TURNOVER OF 45 CRORE AND PROFITS OF 20 LK AND HAVE RESERVER TOO NAV IS 12 RS STIL IT LISTED ON DISCOUNT WHEREAS
UMIYA PIPE WTH TURNOVER OF ONLY 7 CR IT IS LOSS MAKING LISTED AT PREMIUM .

I BELIEVE ITS ALL MANIPULATORS GAME. IF A BIG BROKER/FUND COMES INTO ISSUE THAT IS SAVED ELSE NO SCOPE

THERE ARE NO FUNDAMENTALS PLAY THAT COMES IN NOW FOR SME/IPO
ITS ALL BIG PLAYERS GAME

DO YOU EXPECT A COMPANY WITH 44 CRORE TURNOVER HAVING MARKET CAP OF 4.88 CRORE ONLY. STRANGE.

3. IPOANALYSIS Mar 29, 2016 16:14

ON contrary i found this SME very attractive.
Reasons is it is asking a market cap of 6 crore for a company which has sales of 44 crore yearly.
second its sales and profits are increasing yoy

third it alloted the shares at par value and is asking almost same price.

i see this stock at 30 rs in 6 months time

infact from all the sme lot i liked HEC infra and CHD chemicals for long term as their charts are look excellent . Also the business they are in is minting money for them

3.1. jonam Apr 1, 2016 10:34

Congratulations!!! CHD available at 20% discount on listing day. HEC at 10% discount. Great analysis. Keep it up!!!

3.2. IPOANALYSIS Apr 1, 2016 12:59

All ipo and sme whuch have recently lisred are now at discount. Stay away from ipo and sme for now on. There are flurry of them coming in rush and it seems they are now just to loot people. It is strange that hec infra with 100 cr turnover and chd with 45 cr turnover are trading at 1/4 of their value. Give alll ipo and sme a miss from now on. U will see all ipo equitas infibeam and rope listing at huge discounts. Well done sebi for not putting any restrictions or rating for them

2. Septa Mar 18, 2016 20:13

IPO Guru (3900+ Posts, 4400+ Likes)

post issue then asking price is at a P/E of around 19... wafer thin margin for trading company just need to know why trade with such low margin.....better players available in market

2.1. atul Mar 19, 2016 19:47

Top Contributor (200+ Posts)

Septa ji
Out of these live smes which do you like most.I find almost all r meant for loss.
What is ur openion

2.2. namra Mar 22, 2016 21:20

I think HEC INFRA AND WELTH THIS BOTH ISSUE ARE TO GOOD

1. atul Mar 18, 2016 20:01