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IPO

IPO Details


Chemcel Biotech Ltd
Registered Office: 16-130/12 JRD Tata Ind Estate, Auto Nagar Kanuru, Vijayawada - 520007, Andhra Pradesh
Phone: 91-866-2544996
Email: info@chemcelbiotechltd.com
Website:
Issue of 1,54,00,000 equity shares of Rs. 10/- each at a price of Rs. 16/- per equity share (including a premium of Rs. 6/- per equity share) of Chemcel Biotech Limited (hereinafter referred to as the "company" or "issuer") for cash aggregating to Rs. 24.64 crores ("issue"). The issue comprises of contribution by promoters of 16,00,000 equity shares of Rs. 10/- each at a price of Rs. 16/- per equity share for cash aggregating to Rs. 2.56 Crores ("promoter's contribution portion"), 10,00,000 equity shares of Rs.10/- each reserved for eligible employees of the company on competitive basis at a price of Rs. 16/- aggregating to Rs. 1.60 crores ( hereinafter referred to as employee reservation portion ) and the net issue to the public of 1,28,00,000 equity shares of Rs. 10/- each at a price of Rs. 16/- per equity share for cash aggregating to Rs. 20.48 Crores ("net issue to public") the net issue to the public would constitute 49.39% of the fully diluted post issue paid up capital of our company. Issue Price : Rs. 16 per equity share of face value of Rs. 10/- each The issue price is 1.6 times of the face value of equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-2008 12-Sep-2008 ₹ 16.00 ₹ 0.00
Minimum Application for shares in Nos : 350.0 Further Multiples of : 350.0
(₹)Cr. Lead Managers to the Issue
Project Cost 24.67 Allbank Finance Ltd
Project Financed through Current Offer 24.64
Post Issue Equity Share Capital 25.92
Issue Price ₹16.00
Projects
To Set up Bio-Diesel Manufacturing Unit
To Meet the Addl Working Cap. requirement
To Repay Short Term Loan Availed From Union Bank
To Partially repay the working capital Loan Facili
Promoted By
Kanuparthi Balakrishna Rao
K Trinatha Vijaya Kumar
K Chandra Shekhar Prasad
Kanuparthi Balakrishna Rao
K Trinatha Vijaya Kumar
K Chandra Shekhar Prasad
Listing At
BSE
Registrar to the Issue
No Data Available

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