Business Standard

Bhatia Colour Chem Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

40.00 cr

Price Range (₹)

80

Lot Size

1600

Min Investment (₹)

1,28,000.00

Listing Exchange

BSE - SME

Open Date

14-Mar-2022

Close Date

16-Mar-2022

Listing Date

24-Mar-2022

Bhatia Colour Chem Ltd News

    The Shares of Bhatia Colour Chem Ltd have now been listed.

    Bhatia Colour Chem Ltd IPO Details

    public issue of 50,00,000 equity shares of face value of Rs. 10 each of Bhatia Colour Chem Limited (BCCL or the Company or the Issuer) for cash at a price of Rs. 80 per equity share including a share premium of Rs. 70 per equity share (the Issue Price) aggregating to Rs. 40.00 crores (The Issue), of which 2,64,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 80 per equity share including a share premium of Rs. 70 per equity share aggregating to Rs. 2.11 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 47,36,000 equity shares of face value of Rs. 10 each at a price of `80 per equity share aggregating to Rs. 37.88 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 40.87% and 38.71% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price is 8 times of the face value.Minimum application Size of 1600 equity shares and in multiples of 1600equity shares thereafter.

    Objective of issue

    Acquire Partnership Firm M/s Polychem Exports. Working Capital. General Corporate Purposes.

    Bhatia Colour Chem Ltd Contact Details

    Bhatia Colour Chem Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - account@bccindia.com

    Website - www.bccl.info