Shankar Lal Rampal Dye-Chem IPO Description – Shankar Lal Rampal Dye-Chem was started in 2005 and is in the trading of Dyes and Chemicals. The company specializes in Hydrogen Peroxide, Sodium Bi Carbonate 99.5%, Sodium Meta Bi Sulphite 97%, Soda Ash Light, Linear Alkyl Benzene, Sulphonic Acid 90% and others chemicals. The company trades in all types of Sulphur Dyes. The dyes and chemicals in which the company deals in, mainly caters to Textiles &Garments manufacturing Industry, Food and Beverages Industries, Laboratory, Leather, Candel making industries, Plastic Industries, Agriculture, Water Treatment, Personal Care & Cosmetics Industries, Plywood Industry etc.
The company also trades in specialty performance chemicals used in Textile Dyeing and Printing Industry. The Trading facility of the company is situated at Bhilwara (Rajasthan) where its operations are centralized which controls the trading activities in Mumbai (Maharashtra) and Delhi where it has rented warehouses for stocking products and onward sale toour customers. The company is an ISO 9001:2015, ISO 14001:2015 certified company.
Promoters of Shankar Lal Rampal Dye-Chem – Mr. Rampal Inani, Mr. Jagdish Chandra Inani, Mr. Dinesh Chandra Inani, Mr. Vinod Kumar Inani and Mr. Susheel Kumar Inani
| Shankar Lal Rampal Dye-Chem IPO details | |
| Subscription Dates | 12 – 14 December 2018 |
| IPO Price band | INR45 per share |
| Fresh issue | 4,200,000 shares (INR31.50 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,620,000 shares (INR31.50 crore) |
| Minimum bid (lot size) | 1,600 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Repayment of Unsecured Loans – INR17.50 crore
- Setting up additional Warehouse in the state of Telangana – INR5.00 crore
- Acquiring Additional Branch for Expansion of business – INR1.50 crore
- Part repayment of Cash Credit facilities – INR3 crore
- Part repayment of Term Loans – INR3 crore
- General Corporate Purposes – INR0.90 crore
- Issue Expenses – INR0.60 crore
| Shankar Lal Rampal Dye-Chem’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | Q1 FY2019 | |
| Total revenue | 23.42 | 21.95 | 26.00 | 29.19 | 75.17 | 40.85 |
| Total expenses | 23.31 | 21.85 | 25.85 | 29.03 | 73.82 | 38.73 |
| Profit after tax | 0.07 | 0.06 | 0.10 | 0.11 | 0.96 | 1.52 |
Shankar Lal Rampal Dye-Chem’s Contact Details
Shankar Lal Rampal Dye-Chem Limited
SG-2730
Suwana
Bhilwara-311001, Rajasthan
Phone: +91 01482 220062
Email: [email protected]
Website: www.srdyechem.com
Shankar Lal Rampal Dye-Chem IPO Subscription Details
| Day |
Subscription (no. of times) |
| Day 1 |
0.06 |
| Day 2 |
0.85 |
| Day 3 |
1.30 |
Shankar Lal Rampal Dye-Chem Valuation (For FY2018)
Earnings Per Share (EPS): INR5.00
Price/Earnings (P/E) ratio: 9.00
Return on Net Worth (RONW): 4.60%
Net Asset Value (NAV): INR47.89 per share
Registrar of Shankar Lal Rampal Dye-Chem IPO
Cameo Corporate Services Limited
Subramanian Building, 1 Club House Road,
Chennai-600 002
Tamil Nadu, India
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email:Â [email protected]
Website:Â http://www.cameoindia.com
Shankar Lal Rampal Dye-Chem IPO Allotment Status
Shankar Lal Rampal Dye-Chem IPO allotment status is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
Listing performance of Shankar Lal Rampal Dye-Chem
IPO Opening Date: 12 December 2018
IPO Closing Date: 14 December 2018
Listing Date: 24 December 2018
Listing Price on BSE SME: INR46.15 per share (up 2.56% from IPO price)
Closing Price on BSE SME:Â INR47.10 per share (up 4.67% from IPO price)
