Omkar Speciality Chemicals IPO

Omkar Speciality Chemicals ipoOmkar Speciality Chemicals Ltd announced its initial public offering (IPO) open on Jan 24, 2011 and would remain open for subscription till Jan 24, 2011 . “Omkar Speciality Chemicals ” increase nearly Rs 78 crore -through the initial public offering issue The price band of the issue is Rs.95 (lower level) to Rs.98 (higher level).

The company is mainly involved in the production as well as sale of speciality chemicals viz. compounds,selenium, molybdenum compounds, iodine compounds etc. and Potassium Iodate, pharma intermediates viz. Bismuth Ammonium Citrate, Bromoform etc.

Firm is mainly active in the manufacture of speciality chemicals as well as pharma_intermediates. The Inorganic Intermediates include Selenium derivatives, Molybdenum derivatives, Cobalt derivatives, Iodine derivatives, Bismuth and Tungsten derivatives| and the organic- intermediates include Tartaric acid derivatives and other intermediates. These items find applications in numerous industries such as Chemical Industry, Pharmaceutical Industry, Cosmetics, Glass Industry, Ceramic Pigments and Cattle & Poultry Feeds.

Face Value; Rs.10
Tick Size;
Minimum Order Qty: 60
Market Lot: 60
Issue Type is Book Building.

IPO Grade for Omkar Speciality Chemicals

CARE allocated IPO grade ‘3/5’ to the IPO of Omkar Speciality Chemicals, this shows that the fundamentals of the issue are average relative to other listed equities.

nsestocktips.in view; COME LATER

Conduct details

Address: Omkar Speciality Chemicals Ltd, B-34, MIDC, Badlapur (E), Thane- 421503, Maharashtra
Phone number; 251-2690651 | 2697340  Fax detail;.251-2697347
Email address; info@omkarchemicals.com
Website Url; http://www.omkarchemicals.com,

Book Running Lead Manager

Almondz Global Securities are the Book Running Lead Manager ‘S for that issue

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