Registered Office:
D-211 2nd Flr Blcok-D Sumel Bu,Dudheshwar Tavdipura,
Ahmedabad - 380004,
Gujarat, India.
Phone : +91 91470 76778
Fax : NA
Initial public offer of up to 28,94,400 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Biopol Chemicals Limited ("the Company" or "Biopol" or "the Issuer") for cash at a price of (Rs) 108 per equity share including a share premium of (Rs) 98 per equity share (the "Issue Price") aggregating to (Rs) 31.26 crores ("the Issue"), of which up to 1,51,200 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 108 per equity share including a share premium of (Rs) 98 per equity share aggregating to (Rs) 1.63 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of up to 27,43,200 equity shares of face value of (Rs) 10/- each at a price of (Rs) 108 per equity share including a share premium of (Rs) 98 per equity share aggregating to (Rs) 29.63 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.79% and 25.39% respectively of the post issue paid up equity share capital of the company.
The company, in consultation with the brlm, may consider issuing 3,50,400 equity shares as a pre-ipo placement by the company for an aggregate amount up to (Rs) [*]. The pre-ipo placement, if undertaken, will be at a price to be decided by the company in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue and the proceeds of the pre-ipo placement shall be utilized towards general corporate purposes proceeds. prior to the completion of the issue, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).
Price Band: (Rs) 108 per equity share of face value (Rs)10/- each.
The floor price is 10.8 times of the face value of the equity shares.
Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Opens On
Closes On
Application
Allotment
06-Feb-26
10-Feb-26
108.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2400
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
27.41
Smart Horizon Capital Advisors Private Limited