Business Standard

Valiant Organics Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

21.23 cr

Price Range (₹)

220

Lot Size

600

Min Investment (₹)

1,32,000.00

Listing Exchange

BSE - SME

Open Date

29-Sept-2016

Close Date

04-Oct-2016

Listing Date

14-Oct-2016

Valiant Organics Ltd News

    The Shares of Valiant Organics Ltd have now been listed.

    Valiant Organics Ltd IPO Details

    Public offer of 9,64,800 equity shares of Rs. 10/- each (equity shares) of Valiant Organics Limited (VOL or the company) for cash at a price of Rs. 220/- per share (the offer price), aggregating to Rs. 21.23 crores (the offer) through an offer for sale by the selling shareholders (Offer for Sale) of which 49,200 equity shares of Rs. 10 each will be reserved for subscription by market makers to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 9,16,560 equity shares of Rs. 10/- each is hereinafter referred to as the net offer. The offer and the net offer will constitute 26.50% and 25.15%, respectively of the post offer paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the offer price is 22 times of the face value.

    Objective of issue

    Listing fees on Stock Exchanges.

    Valiant Organics Ltd Contact Details

    Valiant Organics Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - investor@valiantorganics.com; info@valiantorganics

    Website - www.valiantorganics.com