Narmada Bio-Chem Limited IPO – Upcoming IPO in February 2019
Narmada Bio Chem Limited IPO: Narmada Bio-Chem Limited, an Ahmedabad based company engaged in the manufacturing of various types of chemical and organic fertilizers, is issuing IPO from -February-2019 to -February-2019.
Narmada Bio Chem Limited IPO Details
|Issue Type||Fresh Issue|
|Issue Open||5-February-2019 (Tentative)|
|Face Value||Rs 10 per Equity Share|
|Issue Price||Rs [.] per Equity Share|
|Issue Size||72,00,000 equity shares of Rs [.] Crores|
|Minimum Order||[.] Shares|
(Read: IPO process in India Steps)
Narmada Bio-Chem Limited IPO: Objects of the Issue
According to Narmada Bio Chem Limited, the proposed objects of the net proceeds of the fresh issue are proposed to be utilised in the following manner:-
- Funding the working capital requirements of the company, and
- General corporate purposes.
About Narmada Bio Chem Limited
Narmada Bio-Chem Limited is an ISO 9001:2015, 9001:2008, 14001:2004 and 14001: 2015 certified company. It is engaged in the manufacturing of various types of chemical and organic fertilizers. They trade in chemical compounds and organic fertilisers. They started with manufacturing of different grades of NPK fertilizers. They have widened their product base and at present, their product portfolio includes different types of chemical and organic fertilizers such as various grades of NPK, Single Super Phosphate, organic manure, PROM, mix micro nutrients, water soluble fertilizers, soil conditioners, etc. Since past few years, the company has been majorly focusing on the production of organic fertilisers and it has been successfully able to establish ourselves as one of the top organized players in organic fertilizer segment. The company has a distribution network of more than 750 distributors spread over 10 states.
Promoters: Mr Dineshbhai Dhirubhai Patel and Adeshwar Distributors Pvt Ltd.
Address: Narmada House, Plot No. 252, T.P. No. 50, Opp. Mantavya News, Sindhu Bhavan Road, Off S. G. Highway, Thaltej – Bodakdev, Ahmedabad – 380059, Gujarat (India)
Lead Manager to the Narmada Bio-Chem Limited IPO
Pantomath Capital Advisors Pvt Ltd
406-408, Keshava Premises, Bandra Kurla Complex, Bandra East Mumbai – 400 051
Telephone: +91 22 6194 6700
Registrar to the Narmada Bio-Chem Limited IPO
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad 500 032, India
Telephone: +91 40 6716 2222
Disclaimer: This post is just an information about the issue. It does not give any advice or recommendation. Investments into securities are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
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