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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.
The Promoters of the Company is Ms. Divya Kothari.
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
| IPO Opening Date | Mar 21, 2016 |
| IPO Closing Date | Mar 23, 2016 |
| Issue Type | Fixed Price Issue IPO |
| 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 |
| Issue Size | 1,800,000 Eq Shares of ₹10 (aggregating up to ₹1.98 Cr) |
The CHD Chemicals IPO market 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 (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹110,000 |
| Maximum | 1 | 10000 | ₹110,000 |
Risk savvy investors with surplus funds may consider investment for long term plan.
Read detail review...
| 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 |
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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
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email:
Website: https://online.cameoindia.com/
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 equity 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 10000 Shares.
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.
Useful Articles
IPO Guru (1900+ Posts, 1500+ Likes)
Top Contributor (200+ Posts)
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.