Sharda Cropchem Ltd is coming up with a further Public Offer (IPO) of its shares between 5 Sep 2014 to 9 Sep 2014. The price band of issue is Rs. 145 to Rs. 156 per equity Share.
[wptabtitle] Issue Details[/wptabtitle] [wptabcontent]
|IPO||Sharda Cropchem Ltd|
|Issue Open||5 Sep 2014|
|Issue Close||9 Sep 2014|
|Issue Size||22,555,125 Equity Shares (327.05 Cr to 351.86 Cr)|
|Price Band||Rs. 145- to 156|
|Bid Lot||90 Equity Shares|
|Cheque in Favour of (Retail Investor)||Escrow Account - Sharda Cropchem IPO -R|
|NRI (Retail)||Escrow Account - Sharda Cropchem IPO - NR|
|Listing||NSE / BSE|
|IPO Grade||3/5 by CRISIL|
|No. of Shares||Price per Share||Cheque Amount (Rs)|
[wptabtitle] Company Profile[/wptabtitle] [wptabcontent]
On September 6, 2013, the Company changed its name to Sharda Cropchem Private Limited and thereafter on September 18, 2013 it was converted into a public limited company with the name Sharda Cropchem Limited (the “Company”).
Today, the Company is a fast growing global agrochemicals company with leadership position in the generic crop protection chemicals industry. It has made deep inroads in the highly developed European and US markets which are characterized as high entry barrier markets. It also has a significant presence in other regulated markets such as LATAM and Rest of the World.
The Company has an asset-light business model whereby it focuses on identifying generic molecules, preparing dossiers, seeking registrations, marketing and distributing formulations through third party distributors or it’s own sales force. The Company’s core competence lies in developing product Dossiers and seeking product registrations in different countries. The Company not only has an extensive distribution network of third party distributors but has also setup its own sales force in various countries in Europe and in Mexico, Colombia, South Afirca and India. The Company’s strategy of sourcing through a global network of suppliers provides it with flexibility and nimbleness.
The company is capable of providing a wide bouquet of products to its customers. Its product portfolio in agrochemical business comprises of formulations and generic active ingredients in fungicide, herbicide and insecticide segments for protecting different kind of crops as well as serves turf and specialty markets and in biocide segment as disinfectants thereby allowing us to offer varied range of formulations and generic active ingredients.
The product portfolio in non-agrochemical business comprises of Belts, general chemicals, dyes and dye intermediates which enables the Company to cater to varied demands.
Objects of Issue
The objects of the Issue are:
- Long term working capital
- General corporate purposes
[wptabtitle] Subscription Details[/wptabtitle] [wptabcontent]
Subscription Data for sharda cropchem ltd
QIB NII Retail Total Share Offer 7 Sep Subscribe no of shares No of times 6 Sep Subscribe no of shares No of times 5 Sep Subscribe No of shares No of times
[wptabtitle] Allotment Listing[/wptabtitle] [wptabcontent]
shortly updated isin / script code details
Name of Company Sharda Cropchem Ltd Issue Open 5 Sep 2014 Issue Close 9 Sep 2014 Allotment Date Listing Date Market lot One Share Face Value 10 ISIN No Script Code Script ID
Registrar of Issue : Link Intime
Listing : NSE & BSE