Chemcel Biotech Ltd - Prospectus Synopsis

Chemcel Biotech Ltd RHP

Registered Office : 16-130/12 JRD Tata Ind Estate , Auto Nagar Kanuru , Vijayawada - 520007 , Andhra Pradesh , India.

Phone : 91-866-2544996  Fax : 91-866-2545437/2545243

Email : info@chemcelbiotechltd.com    Website :

Issue of 1,54,00,000 equity shares of Rs. 10/- each at a price of Rs. 16/- per equity share (including a premium of Rs. 6/- per equity share) of Chemcel Biotech Limited (hereinafter referred to as the company or issuer) for cash aggregating to Rs. 24.64 crores (issue). The issue comprises of contribution by promoters of 16,00,000 equity shares of Rs. 10/- each at a price of Rs. 16/- per equity share for cash aggregating to Rs. 2.56 Crores (promoters contribution portion), 10,00,000 equity shares of Rs.10/- each reserved for eligible employees of the company on competitive basis at a price of Rs. 16/- aggregating to Rs. 1.60 crores ( hereinafter referred to as employee reservation portion ) and the net issue to the public of 1,28,00,000 equity shares of Rs. 10/- each at a price of Rs. 16/- per equity share for cash aggregating to Rs. 20.48 Crores (net issue to public) the net issue to the public would constitute 49.39% of the fully diluted post issue paid up capital of our company. Issue Price : Rs. 16 per equity share of face value of Rs. 10/- each The issue price is 1.6 times of the face value of equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-2008 12-Sep-2008 Rs 16 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 350 Further Multiples of : 350
  Rs Cr Lead Managers to the Issue
Project Cost 24.67 Allbank Finance Ltd
Project Financed through Current Offer 24.64  
Post Issue Equity Share Capital 25.92  
Issue Price Rs. 16  
Projects
To Set up Bio-Diesel Manufacturing Unit
Promoted By Listing At Registrar to the Issue
K Chandra Shekhar Prasad
K Trinatha Vijaya Kumar
Kanuparthi Balakrishna Rao
Mumbai Bigshare Services Pvt Ltd
 

Want to invest in IPO. Our RM will contact you !

Submit