Vital Chemtech Limited was founded in 2013 and is a manufacturer of Phosphorus Derivatives Producuts.
Vital Chemtech is a manufacturer and supplier of Phosphorus base chemicals that adhere to the highest quality standards and are in accordance with the chemical industry’s highest environmental, health, and safety standards (EHS).
The manufacturing facilities of Vital Chemtech Limited are spread across three different sites in the GIDC area. One is in the PCPIR region’s Dahej area, and the other is in the GIDC Area, Sanand District, Ahmedabad.
Phosphorus Trichloride (PCl3), Phosphorus Oxychloride (POCl3), Phosphorus Pentachloride (PCl5), Phosphorus Pentoxide (P2O5), Poly Phosphoric Acid (PPA), and Phosphorus Pentasulfide (P2S5) are manufactured for customers in Lifesciences, Crop Care, Specialty Chemicals, Textile Auxiliaries, Dyes, Pigments
- Promoter and management team with extensive experience.
- Our manufacturing facility is in a prime location.
- Long-term customer relationships with a diverse customer base.
- Priority should be given to quality, the environment, health, and safety.
- Products are widely used.
Objects of the Issue :
Proceeds from the New Issue will be used for the following purposes:
- 1. To meet working capital needs
- 2. General Corporate Goals
- 3. To cover public issue costs
IPO Tentative Timetable :
The Vital Chemtech IPO will begin on October 31, 2022 and end on November 3, 2022. The Vital Chemtech IPO bid period runs from October 31, 2022, at 10:00 a.m., to November 3, 2022, at 5:00 p.m. The deadline for UPI Mandate confirmation is 5 PM on the issue closing day.
IPO Details :
|IPO Date||Oct 31, 2022 to Nov 3, 2022|
|Face Value||₹10 per share|
|Issue Size||6,400,000 shares of ₹10|
(aggregating up to ₹[.] Cr)
|Fresh Issue||6,400,000 shares of ₹10|
(aggregating up to ₹0.00 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE SME|
|QIB Shares Offered||Not more than 50% of the Offer|
|NII Shares Offered||Not less than 15% of the Net Offer|
|Retail Shares Offered||Not less than 35% of the Offer|
|Company Promoters||Mr. Vipul Jatashanker Bhatt and Mrs. Sangeeta Vipul Bhatt|
|Pre Issue Capital||17551500|
|Post Issue Capital||23951500|
Vital Chemtech Contact Details :
- VITAL CHEMTECH LIMITED
B-406, Mondeal Heights, Opp. Karnavati Club, S. G. Highway, Ahmedabad -380015, Gujarat
- Phone: +917946005840
- E-Mail: firstname.lastname@example.org
- Website: www.vitalgroup.co.in