IPO : Omkar Speciality Chemicals: All you need to know

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Omkar Speciality Chemicals

Issue Terms
Issue price / Floor Price (Rs)	95-98
Application per share (Rs)	95.00
Minimum investment amount (Rs)	5,700.00
Minimum bid (no of shares)	60 shares and in multiples of 60 therafter
Maximum Shares for Retail	2100-2040

Issue Date and Size
Issue opens	24-Jan-11
Issue closes	27-Jan-11
Listing on	BSE, NSE
Issue size (Rs cr)	76.95-79.38
Mkt cap at issue price (Rs cr)	186.47-192.35

Shares on Offer	Lakhs
Total shares offered	81.00
Of above, offered to public	81.00
Post-issue shares	196.28
Post-issue promoters' holding(%)	58.73

Company Financials (Rs cr)	2009-12-31
No of months	6
Turnover	51.56
Net profit / (loss)	5.05
Borrowings	33.34

Lead Managers & Registrar
Lead Manager(1)	Almondz Global Securities Ltd
E-mail	omkar.ipo@almondz.com
Lead Manager(2)	N.A.
E-mail	N.A.
Registrar	Bigshare Services Pvt Ltd
E-mail	ipo@bigshareonline.com

Company Contact Details
Company's address	B-34, MIDC, Badlapur (E), Thane, Maharashtra
Pincode	421503
Tel No.	91 251 2690651
Fax No.	91 251 2697347
Website	http://www.omkarchemicals.com

Description
Company 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.

Objects of Issue
-Setting up of new manufacturing facility at Unit 4 at Badlapur, Maharashtra (Rs 32.16 crore); -Expansion of existing manufacturing facilities at Unit 1, Unit 2 & Unit 3 at Badlapur, Maharashtra (Rs 14.62 crore); -Meeting working capital requirements(Rs 10 crore)