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Vadivarhe Speciality Chemicals Ltd IPO (Vadivarhe Speciality IPO) Detail

May 22, 2017 - May 25, 2017

Vadivarhe Speciality IPO is a fixed price issue of Rs 14.46 crores.

Vadivarhe Speciality IPO bidding started from May 22, 2017 and ended on May 25, 2017. The shares got listed on NSE SME on June 2, 2017.

Vadivarhe Speciality IPO price is ₹42 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹126,000.

Hem Securities Limited is the book running lead manager of the Vadivarhe Speciality IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Vadivarhe Speciality IPO RHP for detailed information.

Vadivarhe Speciality IPO Details

IPO Date May 22, 2017 to May 25, 2017
Listing Date June 2, 2017
Face Value ₹10 per share
Price ₹42 per share
Lot Size 3000 Shares
Total Issue Size3,444,000 shares
(aggregating up to ₹14.46 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Vadivarhe Speciality IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹126,000
Retail (Max) 1 3000 ₹126,000
Lot Size Calculator

About Vadivarhe Speciality Chemicals Ltd

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.

Objects of the Issue (Vadivarhe Speciality IPO Objectives)

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 Review (Apply)

[Dilip Davda]  Investors may consider investment from short to long term in this reasonably priced issue of Vadivarhe Speciality NSE SME IPO. Read detail review...

Vadivarhe Speciality IPO Subscription Status (Bidding Detail)

The Vadivarhe Speciality IPO is subscribed times on May 25, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Vadivarhe Speciality IPO Prospectus

Vadivarhe Speciality IPO Rating

Rating:Rated 3.5 stars
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Vadivarhe Speciality IPO Listing Details

Listing Date June 2, 2017
BSE Script Code
ISIN INE551Q01028
Final Issue Price ₹42 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Vadivarhe Speciality Chemicals Ltd Contact Details

Vadivarhe Speciality Chemicals Ltd
Gat No. 204,
Igatpuri, Maharashtra - 422403
Phone: +91-2553-282200

Vadivarhe Speciality IPO Registrar

Vadivarhe Speciality IPO - Buy or Not

Vadivarhe Speciality IPO Recommendation Summary

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Vadivarhe Speciality IPO FAQs

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 is priced at ₹42 per share. The minimum order quantity is 3000 Shares.

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.

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

Vadivarhe Speciality IPO lot size is 3000 Shares, and the minimum amount required is ₹126,000.

You can apply in Vadivarhe Speciality 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

The Vadivarhe Speciality IPO listing date is on June 2, 2017.
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Vadivarhe Speciality IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



97. balusuaditya |   Link |June 21, 2017 7:47:22 PM
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?
96. CA M&co.Jodhpur |   Link |June 15, 2017 7:57:22 PM
Huge gain to shareholders from listing gain.
95. jonam |   Link |June 7, 2017 9:55:53 PM
Ramesh Damani bought 1 lac VSCL at 75 Rs.
94. Ficpl |   Link |June 6, 2017 2:51:42 PM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
I think you are in CBI so able to know faster ...
93. lakshya agg |   Link |June 6, 2017 2:42:20 PM
CBI raid on vscl
92. lakshya agg |   Link |June 5, 2017 11:59:43 AM
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.
91. IPOANALYSIS |   Link |May 31, 2017 2:41:56 AM

No allotment in quite a few sme last applied.
91.1. Yashesh Ajmera |   Link |May 31, 2017 1:13:25 PM
Still better than getting alloted and listing at discount even though quoted at high premium before listing
91.2. Smiter |   Link |June 3, 2017 11:51:44 AM
should VSCL be bought from open market & held for 6-8 mths or even a year ??
90. arbandyo |   Link |June 3, 2017 7:34:09 AM
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
89. lakshya agg |   Link |June 2, 2017 9:13:16 PM
Key Events and Mile Stones :
-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
88. lakshya agg |   Link |June 2, 2017 9:12:03 PM
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.
87. Ficpl |   Link |May 31, 2017 10:31:29 PM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Any buyer in ahmedabad ?
87.1. Ficpl |   Link |June 2, 2017 2:35:17 PM
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..
86. Prabhakaran Kuppusamy |   Link |May 30, 2017 8:42:34 PM (400+ Posts, 300+ Likes)
Allotment is out.
I got 0/1 :-(
86.5. Yashesh Ajmera |   Link |June 2, 2017 12:53:09 PM
Prabhakaran, if I may ask, would you be a buyer at current levels here?
86.6. Prabhakaran Kuppusamy |   Link |June 19, 2017 11:14:00 AM (400+ Posts, 300+ Likes)
No. The script has already moved 200% - I don''t see any justification to buy now.
85. Yashesh Ajmera |   Link |June 2, 2017 12:52:24 PM
Congratulations to all allottees. Would advise to hold.
84. dipak |   Link |May 31, 2017 12:31:34 AM
6 out of 6..... Oh god.....Lovely.
84.3. CHOCKALINGAM |   Link |May 31, 2017 3:40:15 PM
84.4. Market Pundit |   Link |June 2, 2017 12:09:18 PM
IPO Guru IPO Guru (1700+ Posts, 1000+ Likes)
Dont rumored depak.. corrupt allotmenters may start wondering how it possible
83. purshottam kaushal |   Link |June 1, 2017 5:44:26 PM
Listing date?
83.1. Ficpl |   Link |June 2, 2017 12:13:49 AM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
2 June
82. lakshya agg |   Link |June 1, 2017 12:50:20 PM
whats the fair value
81. sunil s pareek |   Link |May 31, 2017 6:07:45 PM
dear Prabhakaran Kuppusamy sanginita is trading at 80% plus gains......
81.1. rtvvtr |   Link |June 1, 2017 12:05:54 PM
80. CA M&co.Jodhpur |   Link |June 1, 2017 7:41:07 AM
Congratulations to all Allotties
79. KHATED JAIN |   Link |May 31, 2017 5:54:04 PM
78. ronak tilva |   Link |May 31, 2017 4:50:55 PM