Friday, September 23, 2016

Valiant Organics IPO to open on Sep 29th

Valiant Organics Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 964,800 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 220.

Valiant Organics Ltd is a chemical manufacturing company mainly engaged in the business of manufactures and markets various types of chlorophenols in India. Those chlorophenols are mainly used in agro-chemical industry, pharmaceutical industry, dyes industry as well as in manufacturing of cosmetics and veterinary drugs.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 04, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.