Vadivarhe Speciality Chemicals Ltd IPO (Vadivarhe Speciality IPO) Detail

May 22, 2017 - May 25, 2017

Incorporated in 2009, Vadivarhe Speciality Chemicals Ltd (VSCL) is primarily engaged in manufacturing of Speciality chemicals, Active Pharmaceutical ingredients, intermediate and personal care ingredients.

It is a a globally active, Indian chemical producer, focused on organic chemicals and custom synthesis. It has entered into an agreement with Enaltec Labs Pvt Ltd in December 2012 to manufacture API products for them for a period of 10 years based on the material and specification provided by them. The company has also entered into an agreement with Zenvision Pharma LLP for offering its manufacturing facility on Loan and License basis. Some of its major clients are Glaxo Smithkline Pharmaceuticals Ltd, Fine Organics Ltd UK, Chem-Impex International INC, D C Fine Chemicals, USV Ltd, Lupin Ltd, Mankind Pharma Limited, Himedia Laboratories Pvt. Ltd., Hetero Labs Ltd & many others in the Domestic and International sector.

Company Promoters:

The promoters of the company are:

1. Mr. Sunil Haripant Pophhale

Objects of the Issue:

The object of the issue are to:

1. To Meet Working Capital Requirement
2. General Corporate Purpose
3. To Meet the Issue Expenses

Vadivarhe Speciality IPO Details

IPO DateMay 22, 2017 - May 25, 2017
Issue TypeFixed Price Issue IPO
Issue Size3,444,000 Eq Shares of ₹10
(aggregating up to ₹14.46 Cr)
Face Value₹10 Per Equity Share
IPO Price₹42 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME

Vadivarhe Speciality IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹126,000
Maximum13000₹126,000

Vadivarhe Speciality IPO Subscription Status (Bidding Detail)

Vadivarhe Speciality IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Employee

Others

Total

Shares Offered

-

-

-

-

-

-

May 25, 2017 17:00

Vadivarhe Speciality IPO Prospectus

Vadivarhe Speciality IPO Rating

157
3.5
Rating:Rated 3.5 stars

Vote Here ...

Vadivarhe Speciality IPO Listing Date

Listing DateFriday, June 2, 2017
BSE Script Code
NSE SymbolVSCL
Listing In
ISININE551Q01028
IPO Price₹42 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹42.00
Open:₹50.40
Low:₹50.40
High:₹50.40
Last Trade:₹50.40
Volume:87,000

Vadivarhe Speciality IPO Reviews / Ratings

Company Contact Information

Vadivarhe Speciality Chemicals Ltd
Gat No. 204,
Vadivarhe,
Igatpuri, Maharashtra - 422403

Phone: +91-2553-282200
Email: cs@vscl.co.in
Website: http://www.vscl.net.in

Vadivarhe Speciality IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email:
Website: http://www.bigshareonline.com

Vadivarhe Speciality IPO Lead Manager(s)

Vadivarhe Speciality IPO FAQs

  1. 1. What is Vadivarhe Speciality IPO?

    Vadivarhe Speciality IPO is a SME IPO of 3,444,000 equity shares of the face value of ₹10 aggregating up to ₹14.46 Crores.

    The issue price of the IPO is ₹42 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on May 22, 2017 and closes on May 25, 2017.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Vadivarhe Speciality IPO will open?

    The Vadivarhe Speciality IPO opens on May 22, 2017 and closes on May 25, 2017.

  3. 3. How to apply for Vadivarhe Speciality IPO?

    Vadivarhe Speciality 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. 4. When Vadivarhe Speciality IPO allotment?

    The finalization of Basis of Allotment for Vadivarhe Speciality IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vadivarhe Speciality IPO allotment status.

  5. 5. When is Vadivarhe Speciality IPO listing date?

    The Vadivarhe Speciality IPO listing date is on Friday, June 2, 2017, at NSE SME.
  6. 6. What is the lot size of Vadivarhe Speciality IPO?

    Vadivarhe Speciality IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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Vadivarhe Speciality IPO Review / Comments

balusuaditya
97. balusuaditya  Jun 21, 2017 18:47
Hey guys,
New here. :) Any idea why the stock is dropping daily? Nothing seems to be wrong in news anywhere. I entered at 128. Am I screwed or is their hope?
CA M&co.Jodhpur
96. CA M&co.Jodhpur  Jun 15, 2017 18:57
Huge gain to shareholders from listing gain.
jonam
95. jonam  Jun 7, 2017 20:55
Ficpl
94. Ficpl  Jun 6, 2017 13:51
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
I think you are in CBI so able to know faster ...
lakshya agg
93. lakshya agg  Jun 6, 2017 13:42
CBI raid on vscl
lakshya agg
92. lakshya agg  Jun 5, 2017 10:59
t raised further equity at a price of Rs. 1000 per share in 2010 and has also issued bonus shares in the ratio of 8 for 1 in January 2010, 1.5 for 1 in February 2013 and 3 for 2 in February 2016. Post issue, company’s current paid up equity capital of Rs. 12.09 crore will stand enhanced to Rs. 12.78 crore.
IPOANALYSIS
91. IPOANALYSIS  May 31, 2017 01:41
0/3

No allotment in quite a few sme last applied.
Yashesh Ajmera
91.1. Yashesh Ajmera  May 31, 2017 12:13
Still better than getting alloted and listing at discount even though quoted at high premium before listing
Smiter
91.2. Smiter  Jun 3, 2017 10:51
should VSCL be bought from open market & held for 6-8 mths or even a year ??
arbandyo
90. arbandyo  Jun 3, 2017 06:34
Shares alloted to me money debited,ndsl SMS came for allocation in demat on 2 days back. But still my demat in icici bank does not showing the shares. What to do now. Icici does not trade in SME NSE or bse. IH that case what I will do, any suggesting. Thanks
lakshya agg
89. lakshya agg  Jun 2, 2017 20:13
Key Events and Mile Stones :
2016
-Certificate of Star Export House Category I by DGFT
-Company has received ISO 9001:2015 for manufacturing, marketing & Supply of active pharmaceutical ingredients and intermediates from QS Zurich AG
-Company has Certificate for Good Laboratory Practices for manufacturing, marketing & Supply of active pharmaceutical ingredients and intermediates from QS Zurich AG
-Company has Certificate for WHO-GMP for manufacturing, marketing & Supply of active pharmaceutical ingredients and intermediates from QS Zurich AG
lakshya agg
88. lakshya agg  Jun 2, 2017 20:12
The Company was originally incorporated on February 23, 2009 as "Vadivarhe Speciality Chemicals Limited" vide Registration no. 11-190516/2008-2009 (CIN: U24100MH2009PLC190516) under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai and received Certificate for Commencement of Business on March 06, 2009. The company was incorporate in year 2009 and prior to the incorporation of the company, Fem Care Pharma Ltd was promoted by the promoter Mr. Sunil Haripant Pophale which was later taken over by Dabur India Ltd in the year 2009. Mr. Sunil Haripant Pophale sold his stake in Fem Care Pharma Ltd to Dabur India Ltd and as per the terms and condition of the Division Transfer Agreement dated May 07, 2009 the Speciality chemical division of Fem Care Pharma Limited was transferred to Vadivarhe Speciality Chemicals Limited. After the above transfer we are running the Speciality chemical division under the leadership of the promoter Mr. Sunil Haripant Pophale.
Ficpl
87. Ficpl  May 31, 2017 21:31
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Any buyer in ahmedabad ?
Ficpl
87.1. Ficpl  Jun 2, 2017 13:35
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
It is good that no buyer at that point in time. Allotted 2 Lots ... now holding it for 1 month..
Prabhakaran Kuppusamy
86. Prabhakaran Kuppusamy  May 30, 2017 19:42
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Yashesh Ajmera
86.5. Yashesh Ajmera  Jun 2, 2017 11:53
Prabhakaran, if I may ask, would you be a buyer at current levels here?
Prabhakaran Kuppusamy
86.6. Prabhakaran Kuppusamy  Jun 19, 2017 10:14
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
No. The script has already moved 200% - I don''t see any justification to buy now.
Yashesh Ajmera
85. Yashesh Ajmera  Jun 2, 2017 11:52
Congratulations to all allottees. Would advise to hold.
dipak
84. dipak  May 30, 2017 23:31
6 out of 6..... Oh god.....Lovely.
CHOCKALINGAM
84.3. CHOCKALINGAM  May 31, 2017 14:40
JOKE OF THE YEAR
Market Pundit
84.4. Market Pundit  Jun 2, 2017 11:09
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Dont rumored depak.. corrupt allotmenters may start wondering how it possible
purshottam kaushal
83. purshottam kaushal  Jun 1, 2017 16:44
Listing date?
Ficpl
83.1. Ficpl  Jun 1, 2017 23:13
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
2 June
lakshya agg
82. lakshya agg  Jun 1, 2017 11:50
whats the fair value
sunil s pareek
81. sunil s pareek  May 31, 2017 17:07
dear Prabhakaran Kuppusamy sanginita is trading at 80% plus gains......
rtvvtr
81.1. rtvvtr  Jun 1, 2017 11:05
ANY IDEA WHAT TO DO FOR SANGINITA.... CAN I HOLD...I GOT 4 LOTS
CA M&co.Jodhpur
80. CA M&co.Jodhpur  Jun 1, 2017 06:41
Congratulations to all Allotties
KHATED JAIN
79. KHATED JAIN  May 31, 2017 16:54
GMP PLEASE
ronak tilva
78. ronak tilva  May 31, 2017 15:50
1/4







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