Vital Chemtech Limited

Company Name	Vital Chemtech Limited
Open Date	31-10-2022
Close Date	03-11-2022
Exchange	NSE SME
Lot Size	1200 Shares
Issue Price	₹ 95-101 per share
Issue Size	64,00,000 Equity Shares
Application Amount	₹ 1,21,200
Recommendation	Risk_Averse - Should Wait Risk_Seekers - Should Apply

Vital Chemtech Limited was incorporated in the year 2013 and is engaged in the business of manufacturing of Phosphorus Derivatives. The company has State of the Art Programmable Logic Controller (PLC) and Supervisory Control and Data Acquisition (SCADA) operated in integrated complex in PCPIR region of Dahej, Gujarat, India for manufacturing of phosphorus base chemicals. Company also does trading of its raw Material. Company has recently started exporting to Saudi Arabia. The company sells products on B2B to various industries such as Lifesciences, Crop Care, Specialty Chemicals, Textile Auxillaries, Dyes, Pigments and Plastic Additives

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Summary of Financials (All financials in Lakh)

For the Period Ended	Apr-22	Mar-22	Mar-21
Total Assets	8,991.92	8,093.71	3,041.34
Net Assets	1,478.18	1,478.18	597.52
Total Borrowings	3,418.84	3,500.09	1,005.87
Total Revenue	1,080.07	14,391.24	4,768.46
Profit After Tax	135.18	1,455.44	293.78

Tentative Timeline

Opening Date	31-10-2022
Closing Date	03-11-2022
Basis of Allotment	09-11-2022
Initiation of Refunds	10-11-2022
Credit of Shares to Demat	11-11-2022
Listing Date	14-11-2022

Objects of the Issue

To Meet Working Capital Requirements

General Corporate Purpose

To meet Public Issue Expenses

Contact Information

Registered Office	Vital Chemtech Limited B-406, Mondeal Heights, Opp. Karnavati Club, S. G. Highway, Ahmedabad-380015
Phone	+91 79 4600 5840
Email	info@vitalgroup.co.in
Website	https://www.vitalgroup.co.in/

Offer Documents

Vital Chemtech Limited DRHP

Vital Chemtech Limited RHP

Registrar Details

Name	Skyline Financial Services Private Limited
Phone	02228511022
Email	grievances@skylinerta.com
Website	https://www.skylinerta.com/ipo.php

IPO Reservation

Anchor Investor Shares Offered	18,18,000 (22.12%)
Market Maker Shares Offered	3,20,400 (3.90%)
QIB Shares Offered	30,37,600 (36.96%)
NII (HNI) Shares Offered	9,12,000 (11.10%)
Retail Shares Offered	21,30,000 (25.92%)
Total Shares Offered	82,18,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters)

99.99%