Vital Chemtech Limited IPO GMP, Review, Price, Allotment
Vital Chemtech Limited, which was incorporated in 2013, is engaged in manufacturing of phosphorus derivatives. The Company is an manufacturer and supplier of phosphorus-based chemicals following best-practices and in compliance with high-level environmental, health, and safety (EHS) standards in the chemicals industry.
Vital Chemtech Limited’ss manufacturing facilities are located in 3 different sites across GIDC area. Vital Chemtech Limited is the leading producer and supplier of phosphorus derivatives, fine and specialty chemicals, and a variety of intermediates to pharma and Agro industries. The products are in compliance with high Environmental, Health & Safety (EHS) standards in the Chemical Industry.
The range of products includes phosphorus trichloride, phosphorus oxidechloride, phosphorus pentachloride, phosphorus pentoxide, polyphosphoric acid, orthophosphoric acid, and phosphorus pentasulfide. They supply their products worldwide and are catering to specialty chemicals, chemical intermediates, pharmaceuticals, agrochemicals, dyestuffs and pigments, textile auxiliaries, water treatment, construction chemicals, and plastic additives. They have 3 production units at Dahej & Ahmedabad.
Vital Chemtech Limited IPO Important Dates
| Opening Date | 31 October 2022 |
| Closing Date | 3 November 2022 |
| Basis of Allotment | 9 November 2022 |
| Initiation of refunds | 10 November 2022 |
| Transfer of shares to demat accounts | 11 November 2022 |
| Listing Date | 14 November 2022 |
Vital Chemtech Limited IPO Details
| Price Band | ₹95 to ₹101 per share |
| Lot Size | 1200 Shares |
| Minimum Amount for 1 lot | ₹121,200 |
| Total IPO size | ₹64.64 crore |
| Offer for Sale | 6,400,000 shares |
| Listing At | NSE SME |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Objects of the Issue
- To Meet Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 2318.61 | 4161.24 | 105.38 | 303.75 | 0 | 953.91 |
| 31-Mar-21 | 3041.34 | 4768.46 | 293.78 | 597.52 | 0 | 1005.86 |
| 24-Nov-21 | 6408.9 | 8604.27 | 784.5 | 672.06 | 0 | 1636.22 |
| 31-Mar-22 | 8093.71 | 5786.96 | 670.94 | 1337.32 | 670.94 | 3500.09 |
| 30-Apr-22 | 8991.92 | 1080.07 | 135.18 | 1472.5 | 806.12 | 3418.84 |
IPO Valuation – FY2022
| Earning Per Share (EPS): | ₹21.66 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 50.17% |
| Net Asset Value (NAV): | ₹11.94 per Equity Share |
Peer Group
- Neogen Chemicals Limited
Company Promoters
- Mr. Vipul Jatashanker Bhatt
- Mrs. Sangeeta Vipul Bhatt
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: grievances@skylinerta.com
Website: https://www.skylinerta.com/
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 Limited IPO GMP
| GMP (Grey Market Premium) | Subject to Sauda | Listing Gain |
| ₹80 | ₹75000 | 80% |
Vital Chemtech Limited IPO Review
| What our experts say about Vital Chemtech Limited IPO Review | Apply |
Vital Chemtech Limited IPO Subscription Details
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 15.48 |
| Non-Institutional Buyers | 204.05 |
| Retail Investors | 116.98 |
| Employees | – |
| Others | – |
| Total | 79.33 |
Vital Chemtech IPO Subscription Details (times)
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Oct 31, 2022 | 1.40 | 1.30 | 6.48 | 3.17 |
| Day 2 Nov 1, 2022 | 1.74 | 6.39 | 27.40 | 11.43 |
| Day 3 Nov 2, 2022 | 3.26 | 39.10 | 62.76 | 29.48 |
| Day 4 Nov 3, 2022 | 15.48 | 204.05 | 116.98 | 79.33 |
Vital Chemtech Limited IPO Allotment Status
| Check Vital Chemtech Limited IPO Allotment Status | Click Here |
Vital Chemtech Limited IPO Listing Performance
| IPO Price Band | ₹95 to ₹101 |
| Open | ₹164.00 |
| Low | ₹155.80 |
| High | ₹170.00 |
| Close | ₹163.10 |
FAQ
When will Vital Chemtech Limited IPO will open?
Vital Chemtech Limited IPO is set to open on 31 October 2022.
What is Vital Chemtech Limited IPO Price Band?
Vital Chemtech Limited IPO Price Band is ₹95 to ₹101 per share.
What is the lot size of Vital Chemtech Limited Offer?
Lot size of Vital Chemtech Limited IPO is 1200 Shares per lot.
What is Vital Chemtech Limited offer size?
Vital Chemtech Limited IPO offer size is ₹64.64 crore.
What is the last date to apply for Vital Chemtech Limited IPO?
Last date to apply Vital Chemtech Limited IPO is 3 November 2022.
What is the Vital Chemtech Limited IPO Allotment Date?
Allotment Date for Vital Chemtech Limited IPO is 9 November 2022.
What is the Vital Chemtech Limited IPO Listing Date?
Listing Date for Vital Chemtech Limited IPO is 14 November 2022.
How to Apply Vital Chemtech Limited IPO through 5 Paisa?
- Login to your 5paisa account and select “Vital Chemtech Limited IPO” in the current IPO section.
- Enter the number of lots and price at which you wish to apply for the IPO.
- Enter your UPI ID and click on submit.
- You will receive a mandate notification to block funds in your UPI app.
- Approve the mandate request on your UPI and funds will be blocked
