Vital Chemtech Limited SME IPO Detail

Incorporated in 2013, Vital Chemtech Limited is engaged in the business of manufacturing of Phosphorus Derivatives Producuts. The company is a manufacturer and supplier of Phosphorus base chemicals with the highest quality practices and compliant with the chemical industry’s highest environmental, Health, and Safety (EHS).

Vital Chemtech Limited’s manufacturing facilities are located at 3 Various Sites in the GIDC Area. Dahej area of PCPIR region and One is located in GIDC Area, Sanand District Ahmedabad.

The company manufactures Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA) and Phosphorus Pentasulfide (P2S5) for our customers across segments such as Lifesciences, Crop Care, Specialty Chemicals, Textile Auxiliaries, Dyes, Pigments and Plastic Additives.

Competitive Strength:

  • Experienced Promoter and Management Team.
  • Prime Location of our Manufacturing Facility.
  • Long-standing relationships with a diversified customer base.
  • Focus on Quality, Environment, Health and Safety.
  • Wide Application of Products.

Company Financials

Period EndedTotal Assets(Lakhs)Total Revenue(Lakhs)Profit After Tax(Lakhs)Net Worth(Lakhs)Reserves and Surplus(Lakhs)Total Borrowing(Lakhs)
Amount in ₹

Objects of the Issue

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To Meet Working Capital Requirements

2. General Corporate Purpose

3. To meet Public Issue Expenses

Vital Chemtech IPO Details

IPO DateOct 31, 2022 to Nov 3, 2022
Listing Date[.]
Face Value₹10 per share
Price₹95 to ₹101 per share
Lot Size1200 Shares
Issue Size6,400,000 shares of ₹10
(aggregating up to ₹64.64 Cr)
Fresh Issue6,400,000 shares of ₹10
(aggregating up to ₹64.64 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
QIB Shares OfferedNot more than 50% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Retail Shares OfferedNot less than 35% of the Offer
Company PromotersMr. Vipul Jatashanker Bhatt and Mrs. Sangeeta Vipul Bhatt are the company promoters.
Pre Issue Capital17551500
Post Issue Capital23951500

Vital Chemtech IPO Tentative Timetable

Vital Chemtech IPO opens on Oct 31, 2022, and closes on Nov 3, 2022. The Vital Chemtech IPO bid date is from Oct 31, 2022 10.00 A.M. to Nov 3, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateOct 31, 2022
Closing DateNov 3, 2022
Basis of AllotmentNov 9, 2022
Initiation of RefundsNov 10, 2022
Credit of Shares to DematNov 11, 2022
Listing DateNov 14, 2022

Vital Chemtech IPO Lot Size

The Vital Chemtech IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹121,200).

Retail (Min)11200₹121,200
Retail (Max)11200₹121,200

Vital Chemtech IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding

Vital Chemtech IPO Review

VCL has started reaping the benefits of capacity expansions and is poised for bright prospects going forward. Recent financial results are indicative of the likely trends. Based on its financial data, the issue appears reasonably priced. Investors may consider an investment with a medium to long-term perspective.

Company Contact Information

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

Vital Chemtech IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022

Leave a Reply

Your email address will not be published. Required fields are marked *