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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.

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 to Mar 23, 2016
Listing Date Friday, April 1, 2016
Face Value ₹10 per share
Price ₹11 per share
Lot Size 10000 Shares
Issue Size1,800,000 shares of ₹10
(aggregating up to ₹1.98 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The Promoters of the Company is Ms. Divya Kothari.

CHD Chemicals IPO Lot Size

The CHD Chemicals IPO lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹110,000).

Application Lots Shares Amount
Retail (Min) 1 10000 ₹110,000
Retail (Max) 1 10000 ₹110,000

CHD Chemicals IPO Review

Risk savvy investors with surplus funds may consider investment for long term plan. 

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CHD Chemicals IPO Prospectus

CHD Chemicals IPO Rating

8
4.0
Rating:Rated 4.0 stars
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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 share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹11.00
₹9.20
₹8.80
₹10.50
₹8.80

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

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

CHD Chemicals IPO Review

CHD Chemicals IPO Recommendation Summary

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CHD Chemicals IPO FAQs

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 is priced at ₹11 per share. The minimum order quantity is 10000 Shares.

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.

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

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

You can apply in CHD Chemicals 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 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.

The CHD Chemicals IPO listing date is on Friday, April 1, 2016.
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CHD Chemicals IPO Message Board

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8 Comments

4. IPOANALYSIS |   Link |Apr 1, 2016 4:58:06 PM
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 |   Link |Mar 29, 2016 5:14:22 PM
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 |   Link |Apr 1, 2016 11:34:38 AM
Congratulations!!! CHD available at 20% discount on listing day. HEC at 10% discount. Great analysis. Keep it up!!!
3.2. IPOANALYSIS |   Link |Apr 1, 2016 1:59:10 PM
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 |   Link |Mar 18, 2016 9:13:22 PM
IPO Guru IPO Guru (4000+ Posts, 4600+ 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 |   Link |Mar 19, 2016 8:47:50 PM
Top Contributor 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 |   Link |Mar 22, 2016 10:20:51 PM
I think HEC INFRA AND WELTH THIS BOTH ISSUE ARE TO GOOD
1. atul |   Link |Mar 18, 2016 9:01:16 PM
Top Contributor Top Contributor (200+ Posts)
It looks attractive.senior members pl commment