Ushanti Colour Chem Limited IPO

NSE SME

Offer Date: Jul 23, 2018 - Jul 25, 2018

₹ 114000 /2000 Shares

IPO Details

23 Jul, 2018

Open Date

25 Jul, 2018

Close Date

31 Jul, 2018

Allotment Date

02 Aug, 2018

Listing Date

Issue Price

Rs 57/- to Rs 60/- Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt. Ltd

Market Lot

2000 Shares (Rs 1,20,000/-)

Lead Manager

Pantomath Capital Advisors Private Limited

Issue Size

Fresh Issue of 19,26,000 Equity Shares of Rs 10/- at a price of Rs 57/- to Rs 60/- per share aggregating to Rs 11.56 Cr

Retail Portion

N/A

Subscription

times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	9,14,000	9,14,000	18,28,000
Day 1 - 23-07-18	5,68,000 0.62 x	1,26,000 0.14 x	6,94,000 0.38 x
Day 2 - 24-07-18	16,40,000 1.79 x	5,66,000 0.62 x	22,06,000 1.21 x
Day 3 - 25-07-18	52,66,000 5.76 x	61,48,000 6.73 x	1,14,14,000 6.24 x
Day 4 - 17-07-18	N/A x	N/A x	N/A x
Day 4 - 18-07-18	N/A x	N/A x	N/A x

Valuations

Earnings Per Share (EPS)

Rs 3.27

P/E Ratio

18.35

RoNW

27.42%

Net Asset Value (NAV) ( post issue )

Rs 27.74

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Ushanti Colour Chem Limited	2.16	18.35	27.42%	36.75
Meghmani Organics Limited	2.49	12.58	19.78%	1843.17
Yash Chemex Ltd	2.48	67.96	8.44%	83.93
Mahickra Chemicals Limited	6.37	42.80	14.86%	42.26

- Promoter(s)

Company Promoter(s)

Mr. Maunal Gandhi
Mr. Minku Gandhi

IPO - Issue Objectives

To finance setting up of Dyestuff Pigment and Intermediates manufacturing facility at GIDC SaykhaIndustrial Estate, Bharuch.
Repayment/pre-payment of certain secured borrowings availed by our Company.
General Corporate Purpose.

IPO - FAQs

Ans. Ushanti Colour Chem Limited IPO is a SME IPO. The issue is priced at Rs 57/- to Rs 60/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Jul 23, 2018, and closes on Jul 25, 2018. Bigshare Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Ushanti Colour Chem Limited IPO opens on Jul 23, 2018 and closes on Jul 25, 2018.

Ans. The size of Ushanti Colour Chem Limited IPO is Fresh Issue of 19,26,000 Equity Shares of Rs 10/- at a price of Rs 57/- to Rs 60/- per share aggregating to Rs 11.56 Cr.

Ans. The IPO price band is set between Rs 57/- to Rs 60/- Per Equity Share .

Ans. To apply for Ushanti Colour Chem Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Ushanti Colour Chem Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Ushanti Colour Chem Limited IPO is Jul 31, 2018.

Ans. The Ushanti Colour Chem Limited IPO will be listed on Aug 2, 2018.

Ans. Follow the steps to check the allotment status for Ushanti Colour Chem Limited IPO here.