Ushanti Colour Chem Ltd is going to launch the IPO on July 25 to raise around 11 Crore and the price band is fixed 57-60 per equity share.
Let’s have a look at Full IPO Detail:
IPO Date: July 23 – July 25
IPO Size: INR 11.56 Crore
Price Band: INR 57 – 60 per equity share
Total Shares: 1,926,000
Face Value: INR 10 per equity share
Minimum Lot Size: 2000 shares
Listing At: NSE SME
Maunal Gandhi and Minku Gandhi are the Promoters of the company and Pantomath Capital Advisors Pvt. Ltd. is an IPO lead manager.
About Ushanti Color Chem Limited:
Incorporated in 1993, Ushanti Colour Chem Limited is a Gujarat based manufacturer and trader of reactive and direct dyestuffs. The company provides its products to various industries like textile, cotton, garment, nylon, leather, in, wood, paper, paint and plastic industries.