Friday, August 21, 2015

Shree Pushkar Chemicals & Fertilisers IPO Opens on Aug 25th

Shree Pushkar Chemicals & Fertilisers Limited is entering in the capital markets with an initial public offering, IPO of *** Equity Shares of Rs 10 each aggregating upto Rs 70 Cr. The price band for the issue has been fixed at Rs 61 at lower level and Rs 65 at upper level.

Incorporated in 1993, Shree Pushkar Chemicals & Fertilisers Limited is Mumbai India based manufacturer of widest range of dye intermediates in India with zero waste. Company has a manufacturing facilities located at Lote Parshuram, Maharashtra.

Company is also amongst India's large manufacturers of K-Acid, a dye intermediate used to manufacture Reactive Dyes for dying of textiles, with an installed capacity of 960 MTPA as on March 31, 2015.

The issue opens on Aug 25, 2015 and closes for subscription on Aug 27, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).