Â
Chemcrux Enterprises IPO
Â
Chemcrux Enterprises is an ISO 9001:2008 and ISO 14001:2004 certified company and is engaged in High Pressure Oxidation, Chlorosulfonation, Nitration and Acetylation forb manufacturing of intermediates for bulk drugs, dyes and pigments. It has fully equipped chemical testing laboratory and treatment plant for effluent liquids and gases. The unit has also been honoured with safety awards. The company exports its products to Europe, Egypt and United States of America. The total direct exports constituted more than 20% of gross sales during FY 2016, FY 2015 and FY 2014 respectively. It also undertakes customer specific processing activities and also manufactures products as per customer requirements. Chemcrux Enterprises has product portfolio of intermediates for bulk drugs, API, dyes and pigments industries. The company‘s major selling products are Lassamide, various Chloro Benzoic Acids, and Nitro Benzoic Acids.
Promoters of Chemcrux Enterprises – Girish Shah and Sanjaybhai Marathe
|
Chemcrux Enterprises IPO details |
|
| Subscription Dates | 15 – 20 Mar 2017 |
| IPO Price band | INR18 per share |
| Fresh issue | 1,336,000 shares (INR2.4 crore) |
| Offer for sale | |
| Total IPO size | 1,336,000 shares (INR2.4 crore) |
| Minimum bid (lot size) | 8,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Â
|
Chemcrux Enterprises’ financial performance (in INR crore) |
|||||
| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | |
| Total revenue |
17.7 |
18.1 | 15.6 | 19.6 |
20.2 |
| Total expenses |
16.7 |
17.5 | 15.0 | 18.4 |
17.8 |
|
Profit after tax |
0.7 | 0.4 | 0.4 | 0.8 |
1.6 |
Â
| Day | Subscription (no. of times) |
| Day 1 | Â 0.54 |
| Day 2 | Â 1.91 |
| Day 3 | Â 4.79 |
| Day 4 | Â 67.67 |
Chemcrux Enterprises Limited
T-7, National Plaza, R. C. Dutt Road,
Vadodara – 390 007, Gujarat
Phone:Â +91 265 2344 803
Email: [email protected]
Website: www.chemcrux.com
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone: +91 22Â 4043 0200Â
Fax: +91 22Â 2847Â 5201
Email: [email protected]
Website: www.bigshareonline.com
Chemcrux Enterprises IPO allotment status is available on Bigshare Services Private Limited website. Click on this link to get allotment status.
IPO Opening Date: 15 March 2017
IPO Closing Date: Â 20 March 2017
Listing Date:Â 28 March 2017
Listing Price on BSE SME: INR21.6 per share (profit of 20% over IPO price)
Closing Price on BSE SME:Â INR21.6 per share (profit of 20% over IPO price)
