Issue Price: Rs. 95 - Rs. 98
Issue Detail:
»» Issue Open: Jan 24, 2011 - Jan 27, 2011
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 8,100,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 76.95 - 79.38 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Minimum Order Quantity: 60 Shares
Allotment Status: http://www.bigshareonline.com/IPO/ipostatus.aspx
RHP: http://nseindia.com/content/ipo/RHP_OMKAR.zip
Bid Status:
Number of Times Issue is Subscribed (BSE + NSE) As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors Retail Individual Investors (RIIs) Total Shares Offered / Reserved 4,050,000 1,215,000 2,835,000 8,100,000 Day 1 - Jan 24, 2011 17:00 IST 0.0000 1.6800 2.0300 0.9600 Day 2 - Jan 25, 2011 17:00 IST 0.0000 1.7100 2.6000 1.1600 Day 3 - Jan 27, 2011 17:00 IST 0.8200 5.2700 9.9000 4.6700
Company Financials:
Particulars For the year/period ended (in Rs. lakhs) 31-Mar-10 31-Mar-09 30-Mar-08 30-Mar-07 30-Mar-06 Total Income 6891.92 5064.64 4329.21 3,731.85 2,403.15 Profit After Tax (PAT) 513.45 313.04 258.30 193.58 136.97
Incorporated in 2005, 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.
Company is primarily involved in the production of speciality chemicals and pharma intermediates. The Inorganic Intermediates include Molybdenum derivatives, Selenium derivatives, Iodine derivatives, Cobalt derivatives, Bismuth & Tungsten derivatives and the organic intermediates include Tartaric acid derivatives and other intermediates. These products find applications in various industries like Pharmaceutical Industry, Chemical Industry, Glass Industry, Cosmetics, Ceramic Pigments and Cattle & Poultry Feeds.
Company has four Units at MIDC, Badlapur (E), Dist: Thane, Maharashtra, India. Omkar Speciality Chemicals exporting their products to Europe, Canada, Asia, South America & Australia. The total exports constituted 8.69%, 12.35% and 7.97% of gross sales during FY 2008, FY 2009 and FY 2010 respectively.
Company Promoters:
The present Promoters of the Company are:
1) Mr. Pravin Herlekar
2) Mr. Omkar Herlekar