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Sharda Cropchem IPO is a book built issue of Rs 351.86 crores.
Sharda Cropchem IPO bidding started from September 5, 2014 and ended on September 9, 2014. The shares got listed on BSE, NSE on September 23, 2014.
Sharda Cropchem IPO price band is set at ₹145 to ₹156 per share. The minimum lot size for an application is 90 Shares. The minimum amount of investment required by retail investors is ₹14,040.
Edelweiss Financial Services Ltd and Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) are the book running lead managers of the Sharda Cropchem IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Sharda Cropchem IPO RHP for detailed information.
IPO Date | September 5, 2014 to September 9, 2014 |
Listing Date | September 23, 2014 |
Face Value | ₹10 per share |
Price Band | ₹145 to ₹156 per share |
Lot Size | 90 Shares |
Total Issue Size | 22,555,124 shares (aggregating up to ₹351.86 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 90,220,495 |
Share holding post issue | 90,220,495 |
Sharda Cropchem IPO offers 19,172,024 shares. 7,894,461 (41.18%) to QIB, 3,383,269 (17.65%) to NII, 7,894,294 (41.18%) to RII. 87,714 RIIs will receive minimum 90 shares and (sNII) and (bNII) will receive minimum 1,350 shares. (in case of oversubscription)
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | - | NA |
QIB Shares Offered | 7,894,461 (41.18%) | NA |
NII (HNI) Shares Offered | 3,383,269 (17.65%) | |
Retail Shares Offered | 7,894,294 (41.18%) | 87,714 |
Total Shares Offered | 19,172,024 (100%) |
Investors can bid for a minimum of 90 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 | 90 | ₹14,040 |
Retail (Max) | 14 | 1260 | ₹196,560 |
Lot Size Calculator |
The promoters of the company are:
1. Ramprakash V. Bubna
2. Sharda R. Bubna
3. Ashish R. Bubna
4. Manish R. Bubna
Share Holding Pre Issue | 84.13% |
Share Holding Post Issue | 75% |
Incorporated in 2004, Sharda Cropchem Ltd is a crop protection chemical company engaged in the marketing and distribution of a wide range of formulations and generic active ingredients globally. They are also involved in order based procurement and supply of Belts, general, chemicals, dyes and dye intermediates. Over the years the company has primarily, grown organically and its core strength lies in identifying generic molecules, preparing dossiers, seeking registrations, marketing and distributing formulations or generic active ingredients in fungicide, herbicide and insecticide segments.
They have also recently entered into the biocide segment and have acquired several registrations from the existing registration holders, primarily, in Europe. As of August 5, 2014, it had over 180 Good Laboratory Practices certified dossiers and as of July 15, 2014 it owned over 1,040 registrations for formulations and over 155 registrations for generic active ingredients across Europe, NAFTA, Latin America and Rest of the World.
KPI | Values |
---|---|
RoNW | 19.34% |
The objects of the Offer are to:
1. Achieve the benefits of listing the Equity Shares on the BSE and the NSE and
2. To carry out the sale of 22,555,124 Equity Shares by the Selling Shareholders.
[Dilip Davda]
On merchant banker’s front, both have positive bias on their past mandates. As such issue can be considered for medium to long term investment.
Remark: Apply
Read detail review...The Sharda Cropchem IPO is subscribed 59.97 times on September 9, 2014 5:00:00 PM. The public issue subscribed 5.85 times in the retail category, 32.06 times in the QIB category, and 251.35 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 32.06 |
NII | 251.35 |
Retail | 5.85 |
Total | 59.97 |
Listing Date | September 23, 2014 |
BSE Script Code | 538666 |
NSE Symbol | SHARDACROP |
ISIN | INE221J01015 |
Final Issue Price | ₹156 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹156.00 |
₹254.10 |
₹225.00 |
₹273.85 |
₹231.45 |
NSE |
---|
₹156.00 |
₹260.00 |
₹225.00 |
₹274.00 |
₹230.95 |
Sharda Cropchem Ltd
Domnic Holm,
29, Road, Bandra (West),
Mumbai 400 050
Phone: (91 22) 6678 2800
Email: co.sec@shardaintl.com
Website: http://www.shardaintl.com
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: sharda.ipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
Sharda Cropchem IPO is a main-board IPO of 22,555,124 equity shares of the face value of ₹10 aggregating up to ₹351.86 Crores. The issue is priced at ₹145 to ₹156 per share. The minimum order quantity is 90 Shares.
The IPO opens on September 5, 2014, and closes on September 9, 2014.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Sharda Cropchem IPO opens on September 5, 2014 and closes on September 9, 2014.
Sharda Cropchem IPO lot size is 90 Shares, and the minimum amount required is ₹14,040.
You can apply in Sharda Cropchem 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 Sharda Cropchem IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sharda Cropchem IPO allotment status.
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