IPO

Ushanti Colour Chem Limited IPO

NSE SME

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

₹ 228000 /4000 Shares
*Min Investment

23 Jul, 2018

Open Date

25 Jul, 2018

Close Date

31 Jul, 2018

Allotment Date

02 Aug, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 57/- to Rs 60/- Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 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
  • Listing at NSE SME
  • Lead Manager Pantomath Capital Advisors Private Limited
  • Registrar Bigshare Services Pvt. Ltd
IPO Details
  • Retail Portion N/A
IPO Details


Ushanti Colour Chem Limited IPO is an SME IPO, priced at Rs 57/- to Rs 60/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Jul 23, 2018 to Jul 25, 2018. The allotment is expected to be finalized on Jul 31, 2018, and the tentative listing date is Aug 2, 2018.


The registrar of the IPO is Bigshare Services Pvt. Ltd , and

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IPO Subscription Analysis And Details
As onQIB / NIIRetailTotal
Shares Offered / Reserved9,14,0009,14,00018,28,000
Day 1 - 23-07-18
5,68,000 0.62 x1,26,000 0.14 x6,94,000 0.38 x
Day 2 24-07-18
16,40,000 1.79 x5,66,000 0.62 x22,06,000 1.21 x
Day 3 25-07-18
52,66,000 5.76 x61,48,000 6.73 x1,14,14,000 6.24 x
Day 4 17-07-18
N/A xN/A xN/A x
Day 4 18-07-18
N/A xN/A xN/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
IPO - Issue Objectives
1

To finance setting up of Dyestuff Pigment and Intermediates manufacturing facility at GIDC SaykhaIndustrial Estate, Bharuch.

2

Repayment/pre-payment of certain secured borrowings availed by our Company.

3

General Corporate Purpose.

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Ushanti Colour Chem Limited2.1618.3527.42%36.75
Meghmani Organics Limited2.4912.5819.78%1843.17
Yash Chemex Ltd2.4867.968.44%83.93
Mahickra Chemicals Limited6.3742.8014.86%42.26