Omkar speciality IPO is a book-built issue of Rs 79.38 crores. On January 24, 2011, the Omkar Speciality IPO bidding began, and it concluded on January 27, 2011. February 10, 2011, saw the shares listed on the BSE and NSE.Prices for the Omkar Specialty IPO are between 95 and 98 per share. A minimum of 60 shares is required for an application lot size. For retail investors, a minimum investment of ₹5,880 is needed.
Since its incorporation in 2005, Omkar Speciality Chemicals Ltd. has focused on producing and marketing pharmaceutical intermediates such as potassium iodate, bismuth ammonium citrate, and bromoform, as well as specialty chemicals such as molybdenum, iodine, and selenium compounds. The company’s main business is producing pharmaceutical intermediates and specialty chemicals. Tartaric acid derivatives and other intermediates are classified as organic intermediates, while molybdenum, selenium, iodine, cobalt, bismuth, and tungsten
derivatives are classified as inorganic intermediates. These products are used in a variety of industries, including the pharmaceutical, chemical, glass, cosmetics, ceramic pigments, and cattle and poultry feeds.
The company operates four units in the MIDC in Badlapur (E), Thane District, Maharashtra, India. Europe, Canada, Asia, South America, and Australia are among the regions to which Omkar Speciality Chemicals exports their goods. During FY2008, FY2009, and FY2010, respectively, the total exports made up 8.69%, 12.35%, and 7.97% of gross sales.
Omkar speciality IPO Details
| IPO Date | January 24, 2011 to January 27, 2011 |
| Listing Date | February 10, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹98 per share |
| Lot Size | 60 Shares |
| Total Issue Size | 8,100,000 shares (aggregating up to ₹79.38 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Omkar speciality IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 60 | ₹5,880 |
| Retail (Max) | 34 | 2040 | ₹199,920 |
Omkar speciality IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 4,050,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 1,215,000 (15.00%) | |
| Retail Shares Offered | 2,835,000 (35.00%) | 47,250 |
Omkar speciality Company Financials
| Particulars | 31-Mar-10 | 31-Mar-09 | 30-Mar-08 | 30-Mar-07 | 30-Mar-06 |
|---|---|---|---|---|---|
| Total Income | 6891.92 | 5064.64 | 4329.21 | 3,731.85 | 2,403.15 |
| Profit After Tax (PAT) | 513.45 | 313.04 | 258.30 | 193.58 | 136.97 |
Objects of the Issue (Omkar speciality IPO Objectives)
The Object of the issue are to:
- Setting up of new manufacturing facility at Unit 4 at Badlapur, Maharashtra;
- Expansion of existing manufacturing facilities at Unit 1, Unit 2 & Unit 3 at Badlapur, Maharashtra;
- Meeting Working Capital requirements;
- General corporate purposes; and
- Issue expenses.
Omkar speciality IPO Listing Details
| Listing Date | February 10, 2011 |
| BSE Script Code | 533317 |
| NSE Symbol | OMKARCHEM |
| ISIN | INE474L01016 |
| Final Issue Price | ₹98 per share |
Omkar speciality Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹98.00 | ₹98.00 |
| Open | ₹95.00 | ₹92.00 |
| Low | ₹42.50 | ₹42.05 |
| High | ₹101.00 | ₹101.00 |
| Last Trade | ₹46.20 | ₹46.45 |
Omkar Speciality Chemicals Ltd Contact Details
Omkar Speciality Chemicals Ltd
Omkar Speciality Chemicals Ltd,
B-34, MIDC, Badlapur (E),
Thane- 421503, Maharashtra
Phone: +91-251-2690651/2697340
Email: [email protected]
Website: http://www.omkarchemicals.com
Omkar speciality IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com
Omkar speciality IPO FAQs:
Q1. What is Omkar speciality IPO?
Ans. Omkar speciality IPO is a main-board IPO of 8,100,000 equity shares of the face value of ₹10 aggregating up to ₹79.38 Crores. The issue is priced at ₹95 to ₹98 per share. The minimum order quantity is 60 Shares. The IPO opens on January 24, 2011, and closes on January 27, 2011. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Q2. When Omkar speciality IPO will open?
Ans. The Omkar speciality IPO opens on January 24, 2011 and closes on January 27, 2011.
Q3. What is the lot size of Omkar speciality IPO?
Ans. Omkar speciality IPO lot size is 60 Shares, and the minimum amount required is ₹5,880.
Q4. When is Omkar speciality IPO allotment?
Ans. The finalization of Basis of Allotment for Omkar speciality IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
Q5. When is Omkar speciality IPO listing date?
Ans. The Omkar speciality IPO listing date is on February 10, 2011.
