Bhatia Colour Chem IPO Price, GMP, Review, Dates, Details

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Bhatia Colour Chem IPO

Bhatia Colour Chem IPO Details:

When is Bhatia Colour Chem IPO Launching?

The Bhatia Colour Chem IPO IPO opens on Mar 14, 2022, and closes on Mar 16, 2022.

Bhatia Colour Chem IPO Lot Size

The Bhatia Colour Chem IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lot (1600 shares or ₹128,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 1600 ₹128,000
Maximum 1 1600 ₹128,000

 

Bhatia Colour Chem IPO Share Price

Bhatia Colour Chem IPO is an SME IPO of 5,000,000 equity shares of the face value of ₹10 aggregating up to ₹40.00 Crores. The issue is priced at ₹80 per equity share. The minimum order quantity is 1600 Shares.

Bhatia Colour Chem IPO Promoter Holding

Mr. Bharat Bhatia, Mr. Ramesh Bhatia, and Mr. Ravi Bhatia are the company promoters.

Pre Issue Share Holding 74.65%
Post Issue Share Holding 44.14%

 

Bhatia Colour Chem IPO Board of Directors

Name Designation
Bharat Bhatia Managing Director
Hiral Jainesh Shah Co. Secretary & Compl. Officer
Insiya Nalawala Independent Director
Nevil Soni Independent Director
Rameshchand Bhatia Whole Time Director
Ravi Bhatia Whole Time Director
Rutu Sanghvi Independent Director
Sunny Harishkumar Vyaswala Chief Financial Officer

 

Bhatia Colour Chem IPO Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakhs)
18-Feb-22
Total Assets 3,727.56
Total Revenue 531.96
Profit After Tax 35.30

 

About Bhatia Colour Chem IPO

Established in 2021, Bhatia Color Chem Limited represents considerable authority in trading and manufacturing Chemicals, Dyes, and Auxiliaries products. The company produces Value Added Printing Products, Textile Auxiliaries and Chemicals, Foil Binders, Glitter Powder, Printing Inks, and Zari Binders with a variety of reaches and specialization according to the demand of the client. The products are mainly valuable for the printing on Textile materials like Polyester and Cotton which includes ambos on T-shirts, Zari Prints, and shading.

Company Contact Information

Bhatia Colour Chem Limited
Plot No. A/2/12,
Road No. 1 Udhna Udhyog Nagar,
Sangh, Udhna, Surat – 394210,
Phone: 9104294564
Email: account@bccindia.com
Website: https://www.bccl.info/

Bhatia Colour Chem IPO GMP Today

The Bhatia Colour Chem IPO GMP Grey market premium is 0 Rs.

How to apply for Bhatia Color Chem IPO

You can apply in Bhatia Color Chem IPO online using either UPI or ASBA as a payment method. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is offered by dealers who don’t offer banking services. Peruse more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Final Review

Based on its financial data, the issue is exorbitantly evaluated. Indeed, even the total equity dilution is above 40% raising concern. This segment is exceptionally competitive and fragmented. The sustainability of margins shown for the period ended February 18, 2022, raises concern. Considering this multitude of factors, there is no damage in ignoring this pricy issue.

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