S H Kelkar & Company Ltd (Keva) is the largest fragrance and flavour companies in India by revenue, with a market share of approximately 12.0%. The journey of the company begin in 1922 as a manufacturer of industrial perfumes in British India.
Company has four manufacturing facilities, three of which are located in India and one in The Netherlands, with a total installed manufacturing capacity of over 19,819 tons annually.
Last year company manufactured and supplied over 6,300 fragrances, including fragrance ingredients and flavours for the personal and home care products, food and beverage industries, either in the form of compounds or individual ingredients. Company has a large and diverse mix of over 3,500 customers, including leading national and multi-national FMCG companies, blenders of fragrances and flavours and fragrance and flavour producers.
The flavour products produced by the company are used as a raw material by producers of baked goods, dairy products, beverages and pharmaceutical products. Company has over 300 customers for its flavour products.
S H Kelkar dedicated research team of 21 scientists. Company's research team has developed 12 molecules over the last three years of which company has filed patent applications for three.
Promoters of the company are Mr Ramesh Vinayak Vaze, Ms Prabha Ramesh Vaze and Mr Kedar Ramesh Vaze who together hold 64.53% of present fully paid up equity capital of the company.
The Issue comprises of a Fresh Issue and an Offer for Sale by the Selling Shareholders.
Objects of the Fresh Issue are as below:
1. Repayment/pre-payment in full or in part of certain loans availed by the company;
2. Investment in its subsidiary K.V. Arochem Private Limited ('KVA') and for repayment/prepayment in full or in part of certain loans availed by KVA; and
3. General corporate purposes; and
4. To achieve the benefits of listing of Equity Shares on the Stock Exchanges
| Issue Open | Oct 28, 2015 - Oct 30, 2015 |
| Issue Type | Book Built Issue IPO |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹508.17 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹210.00 Cr) |
| Offer for Sale | 16,565,161 Eq Shares of ₹10 (aggregating up to ₹[.] Cr) |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹173 to ₹180 Per Equity Share |
| Market Lot | 80 Shares |
| Min Order Quantity | 80 Shares |
| Listing At | BSE, NSE |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 80 | ₹14,400 |
| Maximum | 13 | 1040 | ₹187,200 |
The public Issue of S H Kelkar & Company Ltd includes:
No. of Times Issue Subscribed (BSE + NSE) | ||||
|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Total |
Shares Offered | 5,882,397 | 4,305,583 | 10,046,362 | 20,234,342 |
Oct 30, 2015 17:30 | 25.55x | 87.38x | 1.98x | 27.00x |
| Listing Date | Monday, November 16, 2015 |
| BSE Script Code | 539450 |
| NSE Symbol | SHK |
| Listing In | B |
| ISIN | INE500L01026 |
| Issue Price | ₹180 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
|
S H Kelkar & Company Ltd
Devkaran Mansion, 36,
Mangaldas Road,
Mumbai - 400 002, India
Phone: +91 22 2206 9609
Email: investors@shkelkar.com
Website: https://www.keva.co.in/
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: shkl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
S H Kelkar IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹508.17 Crores.
The issue price of the IPO is ₹173 to ₹180 Per Equity Share. The minimum order quantity is 80 Shares per application and the offer type is Book Built Issue.
The IPO opens on Oct 28, 2015 and closes on Oct 30, 2015.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The S H Kelkar IPO opens on Oct 28, 2015 and closes on Oct 30, 2015.
S H Kelkar 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.
The finalization of Basis of Allotment for S H Kelkar IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the S H Kelkar IPO allotment status.
S H Kelkar IPO lot size is 80 Shares and the minimum order quantity is 80 Shares.
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