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

 

Narmada Bio Chem Limited IPO Details
Issue Type Fresh Issue
Issue Open 5-February-2019 (Tentative)
Issue Closes -February-2019
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
Listing BSE, NSE
(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:-

  1. Funding the working capital requirements of the company, and
  2. 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

Email: ipo@pantomathgroup.com

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

Please go through this draft prospectus for more detailed information.

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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. 

Tags: #IPO #Stock Market #Chalet Hotels IPO #investments #Upcoming IPO Issue

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