Krishana Phoschem initial public offering (IPO) has a set price of Rs 19.73 crore. Krishana Phoschem’s initial public offering (IPO) began on February 13, 2017 and ended on February 16, 2017. On February 27, 2017, the shares were listed on the NSE SME. The IPO price for Krishana Phoschem is $30 per share. A lot size of 4000 shares is required for an application. Retail investors must make a minimum investment of $120,000 to participate.
Krishana Phoschem Limited, founded in 2004, principally manufactures fertilizers, intermediate dyes, and other allied chemical goods in Madhya Pradesh. They produce Benefited Rock Phosphate (BRP), Single Super Phosphate (SSP), Granulated Single Super Phosphate (GSSP), H-Acid, intermediate dyes, and other linked compounds. Their Single Super Phosphate (SSP) and Granulated Single Super Phosphate (GSSP) products are used to replenish “P” (Phosohorous) in the soil and as a crop fertiliser. Initially involved in the manufacture of BRP, the
company later extended to forward integration in the manufacture of SSP and GSSP, as well as diversification in intermediate dyes and other allied chemicals. Their Single Super Phosphate (SSP) and Granulated Single Super Phosphate (GSSP) products are used to replenish “P” (Phosohorous) in the soil and as a crop fertiliser.
Initially involved in the manufacture of BRP, the company later extended to forward integration in the manufacture of SSP and GSSP, as well as diversification in intermediate dyes and other allied chemicals.
H acid, E K acid, Vinyl sulphone, PNCBOSA, 4 sulphoantranilic acid, Violet acid, Sulpho Tobias acid are all manufactured by the company. The company’s compounds are utilised as dye intermediates in the textile industry. The company’s manufacturing facilities are in Jhabua, Meghnagar District (M.P).
Krishana Phoschem IPO Details
| IPO Date | February 13, 2017 to February 16, 2017 |
| Listing Date | February 27, 2017 |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 6,576,000 shares (aggregating up to ₹19.73 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Krishana Phoschem IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹120,000 |
| Retail (Max) | 1 | 4000 | ₹120,000 |
Objects of the Issue (Krishana Phoschem IPO Objectives)
The objects of the Offer are to:
- achieve the benefits of listing the Equity Shares on the Stock Exchange; and
- to carry out the sale of 65,76,000 Equity Shares of the Company
Krishana Phoschem IPO Listing Details
| Listing Date | February 27, 2017 |
| BSE Script Code | |
| NSE Symbol | KRISHANA |
| ISIN | INE506W01012 |
| Final Issue Price | ₹30 per share |
Krishana Phoschem Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹36.00 |
| Low | ₹34.00 |
| High | ₹36.00 |
| Last Trade | ₹36.00 |
Krishana Phoschem Limited Contact Details
Krishana Phoschem Limited
5-O-20 Basement,
R.C Vyas Colony,
Bhilwara
Phone: +91-1482-237104/ 239091
Email: [email protected]
Website: http://www.krishnaphoschem.com
Krishana Phoschem IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Krishana Phoschem IPO FAQs
Q1. What is Krishana Phoschem IPO?
Ans. Krishana Phoschem IPO is a SME IPO of 6,576,000 equity shares of the face value of ₹10 aggregating up to ₹19.73 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000 Shares. The IPO opens on February 13, 2017, and closes on February 16, 2017.
Q2. When Krishana Phoschem IPO will open?
Ans. The Krishana Phoschem IPO opens on February 13, 2017 and closes on February 16, 2017.
Q3. What is the lot size of Krishana Phoschem IPO?
Ans. Krishana Phoschem IPO lot size is 4000 Shares, and the minimum amount required is ₹120,000.
Q4. When is Krishana Phoschem IPO listing date?
Ans. The Krishana Phoschem IPO listing date is on February 27, 2017.
