Vital Chemtech Limited

Company Profile
Company Name Vital Chemtech Limited
Open Date 31-10-2022
Close Date 03-11-2022
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹ 95-101 per share
Issue Size 64,00,000 Equity Shares
Application Amount ₹ 1,21,200
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
Vital Chemtech Limited was incorporated in the year 2013 and is engaged in the business of manufacturing of Phosphorus Derivatives. The company has State of the Art Programmable Logic Controller (PLC) and Supervisory Control and Data Acquisition (SCADA) operated in integrated complex in PCPIR region of Dahej, Gujarat, India for manufacturing of phosphorus base chemicals. Company also does trading of its raw Material. Company has recently started exporting to Saudi Arabia. The company sells products on B2B to various industries such as Lifesciences, Crop Care, Specialty Chemicals, Textile Auxillaries, Dyes, Pigments and Plastic Additives
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Summary of Financials (All financials in Lakh)

For the Period Ended Apr-22 Mar-22 Mar-21
Total Assets 8,991.92 8,093.71 3,041.34
Net Assets 1,478.18 1,478.18 597.52
Total Borrowings 3,418.84 3,500.09 1,005.87
Total Revenue 1,080.07 14,391.24 4,768.46
Profit After Tax 135.18 1,455.44 293.78

Tentative Timeline

Opening Date 31-10-2022
Closing Date 03-11-2022
Basis of Allotment 09-11-2022
Initiation of Refunds 10-11-2022
Credit of Shares to Demat 11-11-2022
Listing Date 14-11-2022

Objects of the Issue

To Meet Working Capital Requirements
General Corporate Purpose
To meet Public Issue Expenses

Contact Information

Registered Office Vital Chemtech Limited B-406, Mondeal Heights, Opp. Karnavati Club, S. G. Highway, Ahmedabad-380015
Phone +91 79 4600 5840

Registrar Details

Name Skyline Financial Services Private Limited
Phone 02228511022

IPO Reservation

Anchor Investor Shares Offered 18,18,000 (22.12%)
Market Maker Shares Offered 3,20,400 (3.90%)
QIB Shares Offered 30,37,600 (36.96%)
NII (HNI) Shares Offered 9,12,000 (11.10%)
Retail Shares Offered 21,30,000 (25.92%)
Total Shares Offered 82,18,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 99.99%

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