Shankar Lal Rampal Dye Chem Private Limited IPO
The Company’s business in the trading of Dyes and Chemicals was started by Shree Shankar Lal Inani (Late). in the year2005 with a vision to corporatize the business and to expand its operations, they have constituted a Private Limited Company.
The company mainly specializes in Hydrogen Peroxide, Sodium Bi-Carbonate 99.5%, Sodium Meta Bi Sulphite 97%, Soda Ash Light, Linear Alkyl Benzene Sulphonic Acid 90% and many others chemicals.
The Dyes and Chemicals in which the Company deals in, mainly caters to Textiles & Garments manufacturing Industry, Food and beverages Industries, Laboratory, Leather, Candel making industries, Plastic Industries, Agriculture, Water Treatment, Personal Care & Cosmetics Industries, Plywood Industry etc. The Company also trades in speciality performance chemicals used in Textile Dyeing and Printing Industry
The Trading facility of the Company is situated at Bhilwara (Rajasthan) where the operations are centralised which controls the trading activities in Mumbai (Maharashtra) and Delhi where they have rented warehouses for stocking the products and onward sale to their customers. The company is an ISO9001:2015, ISO 14001:2015 certified company.
Objects of the Shankar Lal Rampal Dye Chem Private Limited IPO:
Shankar Lal Rampal Dye Chem Private Limited IPO Details:
Open Date: | Dec 12 2018 |
Close Date: | Dec 14 2018 |
Total Shares: | 16,20,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Fixed Price Issue IPO |
Issue Size: | 6.9255 Cr. |
Lot Size: | 3000 Shares |
Issue Price: | ₹ 45 Per Equity Share |
Listing At: | BSE SME |
Listing Date: | Dec 24 2018 |
Promoters And Management:
Financials of Shankar Lal Rampal Dye Chem Private Limited IPO:
Year | Revenue(Cr) | PAT(lakh) | OPM | NPM | EPS | P/E |
2014 | 23.41 | 7.39 | 0.98 | 0.0031 | 0.56 | 80 |
2015 | 21.94 | 6.28 | 0.99 | 0.0028 | 0.47 | 95.74 |
2016 | 25.99 | 9.94 | 0.99 | 0.0038 | 0.57 | 78.94 |
2017 | 29.19 | 11.13 | 0.98 | 0.0038 | 0.64 | 70 |
2018 | 75.16 | 96 | 0.96 | 0.012 | 2.19 | 20.15 |
Comparison With Peers:
Recommendation on Shankar Lal Rampal Dye Chem Private Limited IPO:
Lead Manager of Shankar Lal Rampal Dye Chem Private Limited IPO:
Registrar of Shankar Lal Rampal Dye Chem Private Limited IPO:
Company Address:
Bid Details of Shankar Lal Rampal Dye Chem Private Limited IPO as on
14 Dec 2018 | 11:58:02 PM
Category | No.of shares offered | No. of shares bid |
---|---|---|
769,500 | 1,404,000 | |
769,500 | 600,000 | |
81,000 | 81,000 | |
1,620,000 | 2,085,000 |
QIBs | No |
QIBs+HNIs Subscription | 1.82X |
Retail Subscription | 0.78X |
Total Subscription | 1.30X |
Discussion on Shankar Lal Rampal Dye Chem Private Limited IPO:
4 Comments
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Shares of IPO of Shankar Lal Rampal Dye-chem closed with a gain of 4 per cent at ₹46.15 on the BSE-SME platform against the issue price of ₹45.
Shankar Lal Rampal Dye-chem became the 279th company to get listed on the BSE SME Platform on December 24, the BSE said in a statement.
Finshore management has not been able to deliver returns on most of issues. Even the one which is above issue price is just ruling around issue price. Avoid as no point taking risk and also lead manager with no track record should be avoid completely
As of September 2018, they have only 9 whole-time employees. The following table provides information about our full-time.
1 Sales & Marketing =3
2 Purchase Department =2
3 Administration =1
4 Supervisor Quality Control= 2
5 Company Secretary =1
Total =9
Debt Story as on FY18.
1. Long-term Debt= 9.82 Cr
2. Short-Term Debt= 3.40 Cr
3. Equity= 20 Cr
4. D/E= 0.661
Conclusion: The company has comfortable Debt/Equity position.