Vital Chemtech Limited IPO Message Board (Page 12)

To,
Chittorgarh team & Members.
May Maa Kali Always Protect You and Your Family From the Evil Eye. Wishing You a Very Happy Kali Chaudas. Image Reads: I Pray to Mahakali Mata for Happiness, Peace & Prosperity in Your Life.
Happy Kali Chaudas.

It will be double listing candidate or more
?????

@ SHAHUKAAR
SUB TO 50000
ENJOY DHAN TERASH

is there any lock in period for QIB in SME ipo?

@admin please confirm this

thanks in advance

GMP - 35 BUYERS!!

GMP - 40 BUYERS!!
SUB2 35,000/- T+1

Vital Sme subject to chovishajarbasochovis rokda 🔥

Mid year revenue as on 24.11.2021 was Rs.8604.27 lakhs, where as year end 31.03.2022 reported revenue was Rs.5786.96 lakh. Can we believe these figures

@Hemdon

For actual YOY figure- See figure from April 2021 to March 2022.
In Nov/Dec - Co converted from LLP to Limited, there for two fin fig in a year.

Where do you see problem In figures? Just for information, I am asking

Any specific reasons for reporting less revenue for Mar'22 over Nov'21, for the same FY.

Rite Zone Chemcon India IPO – Details
IPO Opening Date      31 October 2022
IPO Closing Date      02 November 2022
Issue Type      Fixed Price Issue IPO
Issue Size      ₹8.96 Crore
Face Value      ₹10 per equity share
IPO Price      ₹75
Market Lot      1600 Shares
Min Order      1600 Shares (1 Lot)
Listing At      NSE SME
Register      Skyline Financial Services Private Limited
Retail Shares Offered      50% of the net offer
NII (HNI) Shares Offered      50% of the net offer

ONE MORE SME IPO DATES CONFIRMED NOW
Rite Zone Chemcon India Limited-NSE SME

Issue Date : 31-Oct to 2-Nov, 2022
Price : ₹75
Lot Size : 1600 Shares

Issue : 11,95,200 Shares
Issue size : ₹8.964 Cr
FV : ₹10

Retail : 5,68,000 Shares
Retail Forms : 355

LM : Expert Global
Registrar : Skyline

New flood coming.

Should we apply here for listing gains??...Experts please guide...

Vital Chem Sub2 14000/- Buyer

BHAI BHAI
JORDAR

*Integrated Personnel Services Limited-NSE SME*

Issue Date : *31-Oct to 2-Nov, 2022*
Price : *₹59*
Lot Size : *2000 Shares*

Issue : *21,60,000 Shares*
Issue size : *₹12.744 Cr*
FV : *₹10*

Retail : *10,26,000 Shares*
Retail Forms : *513*

LM : *Unistone*
Registrar : *Bigshare*

*Integrated Personnel Services Limited-NSE SME*

Issue Date : *31-Oct to 2-Nov, 2022*
Price : *₹59*
Lot Size : *2000 Shares*

Issue : *21,60,000 Shares*
Issue size : *₹12.744 Cr*
FV : *₹10*

Retail : *10,26,000 Shares*
Retail Forms : *513*

LM : *Unistone*
Registrar : *Bigshare*

Debt exceeds equity capital.
Pre IPO D/E ratio is very high as per RHP numbers.
Cautious before applying.
Seems this time beeline will compete with gretex and corporate.

@svh How much is the premium for DCX?

@ Harsh , 55-60 Rs. on issue price 207.

NEXT ONE MORE SME IPO CONFIRMED
Integrated Personnel Services Limited-NSE SME

Issue Date : 31-Oct to 2-Nov, 2022
Price : ₹59
Lot Size : 2000 Shares

Issue : 21,60,000 Shares
Issue size : ₹12.744 Cr
FV : ₹10

Retail : 10,26,000 Shares
Retail Forms : 513

LM : Unistone
Registrar : Bigshare

Apply or not???

Hi,
My logic behind the "AVOID" recommendation is simple. Since 2020 company assets has increased approx 4 times, so does the borrowing. Moreover, the reserves they have is quite low, against the kind of borrowing they have and for the kind of business they are in.

And I have a view that world is moving towards sustainability, where people care about environment and reducing carbon footprint. So don't know how they will position themselves.

Good to see that these days SMEs also offering QIB section. Do not know whether it is compliance change or BRLM added it to make issue attractive and win investors confidence.

@Pratham, generally SME is not retailers cup of tea. So QIB is good indicator whether QIB gets allotment easily or not.

QIB portion will come with everyother, till SME IPO euphoria persists. It was a 2-3 times events in whole year in the past. It is put their to make an IPO good and genuine.

As marked by other members that Debt to Equity ratio is quite high.
Regarding the debt we can see almost 1 crore of outstanding debt is of 2 car loans (one BMW and another Luxury Car). Seems such loans on company's book could have been avoided.

Provides insight on the promoter's mentality.

I doubt if you have seen the RHP, the loan is on the name of Vital Chemtech LLP. Please don't try to glorify the company by posting unnecessary things. And please mind your knowledge while posting messages.

Thank you for the point in bmw - I will not apply for this IPO

VITAL CHEMTECH -NSE SME
ISSUE DATE : 31-OCT TO 3-NOV
PRICE : ₹95/- TO ₹101/-
LOT SIZE : 1200

ISSUE : 64,00,000 SHARES
FV : ₹10.00

QIB : 50% (ANCHOR INCLUDED)
HNI : 15%
RETAIL :35%
RETAIL FORMS : 1,775
LM : BEELINE
REGISTRAR : SKYLINE

SUB TO 7000