✓
Open
25 Aug 2015
✓
Close
27 Aug 2015
3
Allotment
—
✓
Listing
Thu, Sep 10, 2015
Price Band
₹61 to ₹65
Issue Size
1,07,69,200 shares (agg. up to ₹70 Cr)
Lot Size
200 Shares
Listing Date
Thu, Sep 10, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.39x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of an existing factory within MIDC Industrial Area Lote-Parshuram bearing no. B-97 | 2.29 |
| 2 | Setting up of facilities at B-97 for manufacture of : i. Reactive Dyes with a capacity of 3000 TPA ii. H-Acid with a capacity of 750 TPA iii. Vinyl Sulphone (VS) Ester with a capacity of 1,000 TPA | 41.59 |
| 3 | Setting up of additional effluent treatment plant at the existing facility (Unit I) to make the unit a “Zero Discharge” unit | 4.88 |
| 4 | Construction of additional Godown(s) at our existing facility (Unit II) for meeting the additional storage requirements for finished goods. | 2.38 |
| 5 | General Corporate Purposes | 4.00 |
| 6 | Preliminary & Pre-operative and Issue expenses | 7.00 |
| Total | 62.14 |
About Shree Pushkar Chemicals IPO
Incorporated in 1993, Shree Pushkar Chemicals & Fertilisers Limited is Mumbai India based manufacturer of widest range of dye intermediates in India with zero waste. Company has a manufacturing facilities located at Lote Parshuram, Maharashtra.Company is also amongst India's large manufacturers of K-Acid, a dye intermediate used to manufacture Reactive Dyes for dying of textiles, with an installed capacity of 960 MTPA as on March 31, 2015.Company manufacture products in 4 major verticals:1. Dye Intermediates, 2. Acid Complex (comprising sulphuric and its derivative acids), 3. Cattle Feed Supplement and 4. Fertilizers (Single Super Phosphate & Soil Conditioner).As on Aug 10th 2015, company's Promoter and Promoter Group hold 87.96% while the balance 11.72% is held by IFCI Venture Capital Fund (IEDF). Company have a total workforce of 529 including 10 senior executives, 26 managerial and supervisory staff, 66 office staff, 125 skilled and unskilled workers, 54 contract labourers and 248 casual labourers.+ Read More
Contact Details
Shree Pushkar Chemicals & Fertilisers Ltd. Address202, A Wing, Building No.3Rahul Mittal Industrial Estate, Sir M.V.RoadAndheri (East)Mumbai, Maharashtra, 400059+91 22 4270 2525cosec@shreepushkar.comVisit Website