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Vital Chemtech Limited IPO (Vital Chemtech IPO) Detail

Oct 31, 2022 - Nov 3, 2022

Incorporated in 2013, Vital Chemtech Limited is engaged in the business of manufacturing of Phosphorus Derivatives Producuts. The company is a manufacturer and supplier of Phosphorus base chemicals with the highest quality practices and compliant with the chemical industry's highest environmental, Health, and Safety (EHS).

Vital Chemtech Limited's manufacturing facilities are located at 3 Various Sites in the GIDC Area. Dahej area of PCPIR region and One is located in GIDC Area, Sanand District Ahmedabad.

The company manufactures Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA) and Phosphorus Pentasulfide (P2S5) for our customers across segments such as Lifesciences, Crop Care, Specialty Chemicals, Textile Auxiliaries, Dyes, Pigments and Plastic Additives.

Competitive Strength:

  • Experienced Promoter and Management Team.
  • Prime Location of our Manufacturing Facility.
  • Long-standing relationships with a diversified customer base.
  • Focus on Quality, Environment, Health and Safety.
  • Wide Application of Products.

Company Financials

Vital Chemtech Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202318.614161.24105.38303.750953.91
31-Mar-213041.344768.46293.78597.5201005.86
24-Nov-216408.98604.27784.5672.0601636.22
31-Mar-228093.715786.96670.941337.32670.943500.09
30-Apr-228991.921080.07135.181472.5806.123418.84
Amount in ₹ Lakhs

Objects of the Issue

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To Meet Working Capital Requirements

2. General Corporate Purpose

3. To meet Public Issue Expenses

Vital Chemtech IPO Details

IPO Date Oct 31, 2022 to Nov 3, 2022
Listing Date Monday, November 14, 2022
Face Value ₹10 per share
Price ₹95 to ₹101 per share
Lot Size 1200 Shares
Issue Size6,400,000 shares of ₹10
(aggregating up to ₹64.64 Cr)
Fresh Issue6,400,000 shares of ₹10
(aggregating up to ₹64.64 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
QIB Shares OfferedNot more than 50% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Retail Shares OfferedNot less than 35% of the Offer
Company Promoters

Mr. Vipul Jatashanker Bhatt and Mrs. Sangeeta Vipul Bhatt are the company promoters.

Pre Issue Capital17551500
Post Issue Capital23951500

Vital Chemtech IPO Tentative Timetable

Vital Chemtech IPO opens on Oct 31, 2022, and closes on Nov 3, 2022. The Vital Chemtech IPO bid date is from Oct 31, 2022 10.00 A.M. to Nov 3, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Oct 31, 2022
Closing Date Nov 3, 2022
Basis of Allotment Nov 9, 2022
Initiation of Refunds Nov 10, 2022
Credit of Shares to Demat Nov 11, 2022
Listing Date Nov 14, 2022

Vital Chemtech IPO Lot Size

The Vital Chemtech IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹121,200).

Application Lots Shares Amount
Retail (Min) 1 1200 ₹121,200
Retail (Max) 1 1200 ₹121,200
S-HNI (Min) 2 2,400 ₹242,400

Vital Chemtech IPO Promoter Holding

Pre Issue Share Holding 99.99%
Post Issue Share Holding

Vital Chemtech IPO Review

VCL has started reaping the benefits of capacity expansions and is poised for bright prospects going forward. Recent financial results are indicative of the likely trends. Based on its financial data, the issue appears reasonably priced. Investors may consider an investment with a medium to long-term perspective. Read detail review...


Vital Chemtech IPO Subscription Status (Bidding Detail)

The Vital Chemtech IPO is subscribed 79.33 times on Nov 3, 2022 7:00:00 PM. The public issue subscribed 116.98 times in the retail category, 15.48 times in the QIB category, and 204.05 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB15.48
NII204.05
Retail116.98
Total79.33

Vital Chemtech IPO Prospectus

Vital Chemtech IPO Rating

483
4.0
Rating:Rated 4.0 stars
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Vital Chemtech IPO Listing Date

Listing Date Monday, November 14, 2022
BSE Script Code
NSE Symbol VITAL
Listing In
ISIN INE0L4K01016
IPO Price ₹101 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹101.00
₹164.00
₹155.80
₹170.00
₹163.10

Company Contact Information

Vital Chemtech Limited
B-406, Mondeal Heights,
Opp. Karnavati Club,
S. G. Highway, Ahmedabad-380015
Phone: +91 79 4600 5840
Email: info@vitalgroup.co.in
Website: https://www.vitalgroup.co.in/

Vital Chemtech IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: grievances@skylinerta.com
Website: https://www.skylinerta.com/

Vital Chemtech IPO Review

Vital Chemtech IPO Recommendation Summary

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Brokers 1 0 0
Members 8 0 4

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Vital Chemtech IPO FAQs

Vital Chemtech IPO is a SME IPO of 6,400,000 equity shares of the face value of ₹10 aggregating up to ₹64.64 Crores. The issue is priced at ₹95 to ₹101 per share. The minimum order quantity is 1200 Shares.

The IPO opens on Oct 31, 2022, and closes on Nov 3, 2022.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Vital Chemtech IPO using UPI as a payment gateway. Zerodha customers can apply in Vital Chemtech IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Vital Chemtech IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Vital Chemtech IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Vital Chemtech IPO opens on Oct 31, 2022 and closes on Nov 3, 2022.

Vital Chemtech IPO lot size is 1200 Shares and the minimum order quantity is .

You can apply in Vital Chemtech 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 Vital Chemtech IPO will be done on Nov 9, 2022, and the allotted shares will be credited to your demat account by Nov 11, 2022. Check the Vital Chemtech IPO allotment status.

The Vital Chemtech IPO listing date is on Monday, November 14, 2022.
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