IPO Synopsis

Chemtech Industrial Valves Ltd
Registered Office: 105 Hiranandani Industrial Est,Opp Kanjurmarg Railway Stati.,Mumbai-400078, Maharashtra
Tel. No: 91-22-25839500/822
Fax No:
Email: investors@chemtechvalves.com
Website: www.chemtechvalves.com
Public issue of 49,52,000 equity shares of Rs. 10/- each fully paid of Chemtech Industrial Valves Limited ("CIVL" or the "Company" or the "Issuer") for cash at a price of Rs. 15/- per equity share (The "Issue Price")(which includes a share premium of Rs. 5/- per equity share), aggregating to Rs. 7.43 crores ("The Issue"), of which 2,80,000 equity shares of Rs. 10/- each will be reserved for subscription by Market Makers to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 46,72,000 equity shares of Rs. 10/- each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 43.17% and 40.73%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 15/-. The issue price is 1.5 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
15-Jan-2014 17-Jan-2014 ₹15.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 8000 Further Multiples of :8000
(₹ Cr) Lead Managers to the Issue
Project Cost 8.47 Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer 7.43
Post Issue Equity Share Capital 11.47
Issue Price 15.00
Projects
Purchase of Plant & Machinery
Interiors of Corporate Office at Thane
Incremental working capital requirement
General corporate purposes
Promoted By
Pradeep Shikharchand Badkur
Harsh Pradeep Badkur
Namrata Pradeep Badkur
Listing At
BSE - SME
Registrar To The Issue