Last updated on November 14, 2022
Vital Chemtech IPO description – The company is engaged in the business of manufacturing and supplying of Phosphorus base chemicals with the highest quality practices and claims to be compliant with the chemical industry’s highest Environmental, Health, and Safety (EHS) standards.
The company has Programmable Logic Controller (PLC) and Supervisory Control and Data Acquisition (SCADA) operated in integrated complex in PCPIR region of Dahej, Gujarat for manufacturing of phosphorus base chemicals with ZLD (Zero Liquid Discharge) to ensure minimum emissions and waste generation. Its manufacturing facility, located in Dahej, Gujarat, has integrated operations and is certified with ISO 9001:2015, ISO 45001:2018 and ISO 14001:2015 from Bureau Veritas to maintain highest quality, environmental and safety practices.
It manufactures Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA) and Phosphorus Pentasulfide (P2S5) for its customers across segments such as Lifesciences, Crop Care, Specialty Chemicals, Textile Auxillaries, Dyes, Pigments and Plastic Additives.Â
It has approximately half a decade of track record in manufacturing phosphorous based specialty chemicals and experienced sustained growth with respect to the various financial indicators.
Promoters of Vital Chemtech – Mr. Vipul Jatashanker Bhatt and Mrs. Sangeeta Vipul Bhatt
Vital Chemtech IPO Details
| Vital Chemtech IPO Dates | 31 October – 3 November 2022 |
| Vital Chemtech IPO Price | INR 95 – 101 per share |
| Fresh issue | 64,00,000 shares (INR 60.8 – 64.64 crore) |
| Offer For Sale | Nil |
| Total IPO size | 64,00,000 shares (INR 60.8 – 64.64 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,21,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Vital Chemtech Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 4,161.24 | 4,768.46 | 14,320.25 |
| EBITDA | 417.53 | 644.19 | 2,460.68 |
| Net income | 105.38 | 293.78 | 1,455.44 |
Vital Chemtech Offer News
Vital Chemtech Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.94 | 2.62 | 12.99 |
| PE ratio | – | – | 7.31 – 7.78 |
| RONW (%) | 34.69 | 49.17 | 50.17 |
| NAV | – | – | 11.94 |
| EBITDA % | 10.14 | 13.59 | 17.18 |
| Debt to Equity | 3.14 | 1.68 | 2.61 |
Vital Chemtech IPO GMP Daily Trend
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 12 Nov 2022 | 80 | – | 75,000 |
| 11 Nov 2022 | 80 | – | 75,000 |
| 10 Nov 2022 | 80 | – | 75,000 |
| 9 Nov 2022 | 80 | – | 75,000 |
| 8 Nov 2022 | 80 | – | 75,000 |
| 7 Nov 2022 | 80 | – | 70,000 |
| 4 Nov 2022 | 75 | – | 70,000 |
| 3 Nov 2022 | 65 | – | 60,000 |
| 2 Nov 2022 | 65 | – | 60,000 |
| 1 Nov 2022 | 55 | – | 50,000 |
| 31 Oct 2022 | – | – | 40,000 |
| 29 Oct 2022 | – | – | 40,000 |
Vital Chemtech Offer Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 1.40 | 1.30 | 6.48 | 3.01 |
| Day 2 | 1.74 | 6.39 | 27.40 | 11.43 |
| Day 3 | 3.26 | 39.10 | 62.76 | 28.01 |
| Day 4 | 15.48 | 204.05 | 116.98 | 105.26 |
| As of 5:00:00 PM |
Vital Chemtech Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
807, Phoenix, Opp. Girish Cold Drinks
Near Vijay Cross Roads, Navrangpura
Ahmedabad -380009, Gujarat
Phone: +917948405357
Email: [email protected]
Website: www.beelinemb.com
Vital Chemtech Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor,
Okhla Industrial Area, Phase -I
New Delhi-110020
Phone: +91-11-40450193/97
Email: [email protected]
Website: www.skylinerta.com
Vital Chemtech Contact Details
VITAL CHEMTECH LIMITED
B-406, Mondeal Heights,
Opp. Karnavati Club, S. G. Highway,
Ahmedabad -380015, Gujarat
Phone: +917946005840
E-Mail: [email protected]
Website: www.vitalgroup.co.in
Vital Chemtech IPO Allotment Status
Vital Chemtech IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Vital Chemtech IPO Dates & Listing Performance
| Vital Chemtech IPO Opening Date | 31 October 2022 |
| Vital Chemtech IPO Closing Date | 3 November 2022 |
| Finalisation of Basis of Allotment | 9 November 2022 |
| Initiation of refunds | 10 November 2022 |
| Transfer of shares to demat accounts | 11 November 2022 |
| Vital Chemtech IPO Listing Date | 14 November 2022 |
| Opening Price on NSE SME | INR 164 per share (up 62.38%) |
| Closing Price on NSE SME | INR 163.10 per share (up 61.49%) |
Vital Chemtech IPO FAQs
What is Vital Chemtech offer size?
Vital Chemtech offer size is INR 64.64 crore.
What is Vital Chemtech IPO Price Band?
Vital Chemtech public offer price is INR 95 – 101 per share.
What is the lot size of Vital Chemtech IPO?
Vital Chemtech offer lot size is 1,200 shares.
What is Vital Chemtech IPO GMP today?
Vital Chemtech IPO GMP today is INR 80 per share.
What is Vital Chemtech kostak rate today?
Vital Chemtech kostak rate today is NA per application.
What is Vital Chemtech Subject to Sauda rate today?
Vital Chemtech Subject to Sauda rate today is INR 75,000 per application.
