Omkar Speciality Chemicals IPO : Listing on 10th Feb 2011

by khalid on 09/02/2011 · 0 comments

Omkar Speciality Chemicals Limited has informed the share market (BSE/NSE) that the shares of its recent IPO will list on 10th Feb 2011. The IPO was open between 24th Jan 2011 to 27th Jan 2011. The price band was Rs 95 to Rs 980 and the Issue Price was fixed at the upper level of price band, Rs 98 per equity share. The company had entered into primary market with an Initial Public Offer (IPO) of Rs. 79.38 Crore. 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.

IPO Listing Detail :-
Listing Date: 10th Feb 2011
BSE Scrip Code : 533317
NSE Symbol : OMKARCHEM
Listing In : ‘B’ Group of Securities
ISIN : INE474L01016
Issue Price : Rs. 98.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

The proceeds of the public issue are proposed to be utilized for 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.

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The Sole Book Running Lead Manager (BRLM) to the offer is Almondz Global Securities Limited.

Registrar of the Issue : Bigshare Services Pvt. Ltd. Mumbai.

Stay tuned to BelltheBull Blog for more news on Omkar Speciality Chemicals IPO !

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