Omkar Speciality Chemicals Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,050,000 (50%) | — | ₹3,969 Cr |
| NII (HNI) | — | 1,215,000 (15%) | — | ₹1,191 Cr |
| Retail | — | 2,835,000 (35%) | — | ₹2,778 Cr |
| Σ Total | — | 8,100,000 (100%) | — | ₹79,380 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹5,880 |
| Retail (Max) | 13 | 780 | ₹76,440 |
| S-HNI (Min) | 14 | 840 | ₹82,320 |
| B-HNI (Min) | 67 | 4,020 | ₹393,960 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-10 | 31-Mar-09 | 30-Mar-08 |
|---|---|---|---|
| Revenue | 6,892 | 5,065 | 4,329 |
| Profit After Tax | 513 | 313 | 258 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up of new manufacturing facility at Unit 4 at Badlapur, Maharashtra – 32.16
- 2 Expansion of existing manufacturing facilities at Unit 1, Unit 2 & Unit 3 at Badlapur, Maharashtra – 14.62
- 3 Meeting Working Capital requirements – 10.00
- 4 General corporate purposes – 14.50
- 5 Issue expenses – 8.72
Company Overview
Incorporated in 2005, Omkar Speciality Chemicals Ltd is mainly engaged in the manufacture and sale of speciality chemicals viz. selenium, compounds, iodine compounds, molybdenum compounds etc. and pharma intermediates viz. Potassium Iodate, Bismuth Ammonium Citrate, Bromoform etc.
Company is primarily involved in the production of speciality chemicals and pharma intermediates. The Inorganic Intermediates include Molybdenum derivatives, Selenium derivatives, Iodine derivatives, Cobalt derivatives, Bismuth & Tungsten derivatives and the organic intermediates include Tartaric acid derivatives and other intermediates. These products find applications in various industries like Pharmaceutical Industry, Chemical Industry, Glass Industry, Cosmetics, Ceramic Pigments and Cattle & Poultry Feeds.
Company has four Units at MIDC, Badlapur (E), Dist: Thane, Maharashtra, India. Omkar Speciality Chemicals exporting their products to Europe, Canada, Asia, South America & Australia. The total exports constituted 8.69%, 12.35% and 7.97% of gross sales during FY 2008, FY 2009 and FY 2010 respectively.