Sharda Cropchem IPO Information:
- IPO Open: 5 Sept 2014
- IPO Close: 9 Sept 2014
- IPO Size: Rs. 350 Crore (Approx)
- IPO Face Value: Rs. 10 / Equity Shared
- IPO Price Band: Rs. 145 - Rs. 156 Per Equity Share
- Minimum Quantity: 90 Shares (Rs. 14040 with 1 Lot)
- Maximum Quantity for 1 Lakh Application: 630 Shares (Rs. 98280 with 7 Lot)
- Maximum Quantity for 2 Lakh Application: 1260 Shares (Rs. 196560 with 14 Lot)
- IPO Listing At: BSE, NSE
Sharda Cropchem IPO Grading / Rating by CRISIL: IPO Grade 3/5. Means it has Average Fundamentals.
About Company:
The business was the brainchild of Mr. R. V. Bubna, a Chemical Engineer from IIT, Bombay, and with a 45 year experience of working, hands on, in the chemical industry. He together with Mrs. Sharda R. Bubna commenced business operations through their sole proprietorship concerns, namely, M/s. Sharda International in 1987 and M/s. Bubna Enterprises in 1989, respectively (together the "Sole Proprietary Concerns"). Sharda Worldwide Exports Private Limited was formed in 2004. The businesses of the Sole Proprietary Concerns consisting of manufacture and export of dyes, dye intermediates, pesticides, agrochemicals and V-Belts, were transferred to Sharda Worldwide Exports Private Limited with effect from April 1, 2004 on an "as is and where is basis".
On September 6, 2013, the Company changed its name to Sharda Cropchem Private Limited and thereafter on September 18, 2013 it was converted into a public limited company with the name Sharda Cropchem Limited (the "Company").
Today, the Company is a fast growing global agrochemicals company with leadership position in the generic crop protection chemicals industry. It has made deep inroads in the highly developed European and US markets which are characterized as high entry barrier markets. It also has a significant presence in other regulated markets such as LATAM and Rest of the World.
The Company has an asset-light business model whereby it focuses on identifying generic molecules, preparing dossiers, seeking registrations, marketing and distributing formulations through third party distributors or it's own sales force. The Company's core competence lies in developing product Dossiers and seeking product registrations in different countries. The Company not only has an extensive distribution network of third party distributors but has also setup its own sales force in various countries in Europe and in Mexico, Colombia, South Afirca and India. The Company's strategy of sourcing through a global network of suppliers provides it with flexibility and nimbleness.
The company is capable of providing a wide bouquet of products to its customers. Its product portfolio in agrochemical business comprises of formulations and generic active ingredients in fungicide, herbicide and insecticide segments for protecting different kind of crops as well as serves turf and specialty markets and in biocide segment as disinfectants thereby allowing us to offer varied range of formulations and generic active ingredients.
The product portfolio in non-agrochemical business comprises of Belts, general chemicals, dyes and dye intermediates which enables the Company to cater to varied demands.
Promotors:
1. Ramprakash V. Bubna
2. Sharda R. Bubna
3. Ashish R. Bubna
4. Manish R. Bubna
Book Running Lead Manager(s)
1. Edelweiss Capital Limited
2. IDFC-SSKI Private Limited
Registrar of Sharda Cropchem IPO
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: sharda.ipo@karvy.com
Website: http://karisma.karvy.com
- IPO Open: 5 Sept 2014
- IPO Close: 9 Sept 2014
- IPO Size: Rs. 350 Crore (Approx)
- IPO Face Value: Rs. 10 / Equity Shared
- IPO Price Band: Rs. 145 - Rs. 156 Per Equity Share
- Minimum Quantity: 90 Shares (Rs. 14040 with 1 Lot)
- Maximum Quantity for 1 Lakh Application: 630 Shares (Rs. 98280 with 7 Lot)
- Maximum Quantity for 2 Lakh Application: 1260 Shares (Rs. 196560 with 14 Lot)
- IPO Listing At: BSE, NSE
Sharda Cropchem IPO Grading / Rating by CRISIL: IPO Grade 3/5. Means it has Average Fundamentals.
About Company:
The business was the brainchild of Mr. R. V. Bubna, a Chemical Engineer from IIT, Bombay, and with a 45 year experience of working, hands on, in the chemical industry. He together with Mrs. Sharda R. Bubna commenced business operations through their sole proprietorship concerns, namely, M/s. Sharda International in 1987 and M/s. Bubna Enterprises in 1989, respectively (together the "Sole Proprietary Concerns"). Sharda Worldwide Exports Private Limited was formed in 2004. The businesses of the Sole Proprietary Concerns consisting of manufacture and export of dyes, dye intermediates, pesticides, agrochemicals and V-Belts, were transferred to Sharda Worldwide Exports Private Limited with effect from April 1, 2004 on an "as is and where is basis".
On September 6, 2013, the Company changed its name to Sharda Cropchem Private Limited and thereafter on September 18, 2013 it was converted into a public limited company with the name Sharda Cropchem Limited (the "Company").
Today, the Company is a fast growing global agrochemicals company with leadership position in the generic crop protection chemicals industry. It has made deep inroads in the highly developed European and US markets which are characterized as high entry barrier markets. It also has a significant presence in other regulated markets such as LATAM and Rest of the World.
The Company has an asset-light business model whereby it focuses on identifying generic molecules, preparing dossiers, seeking registrations, marketing and distributing formulations through third party distributors or it's own sales force. The Company's core competence lies in developing product Dossiers and seeking product registrations in different countries. The Company not only has an extensive distribution network of third party distributors but has also setup its own sales force in various countries in Europe and in Mexico, Colombia, South Afirca and India. The Company's strategy of sourcing through a global network of suppliers provides it with flexibility and nimbleness.
The company is capable of providing a wide bouquet of products to its customers. Its product portfolio in agrochemical business comprises of formulations and generic active ingredients in fungicide, herbicide and insecticide segments for protecting different kind of crops as well as serves turf and specialty markets and in biocide segment as disinfectants thereby allowing us to offer varied range of formulations and generic active ingredients.
The product portfolio in non-agrochemical business comprises of Belts, general chemicals, dyes and dye intermediates which enables the Company to cater to varied demands.
Promotors:
1. Ramprakash V. Bubna
2. Sharda R. Bubna
3. Ashish R. Bubna
4. Manish R. Bubna
Book Running Lead Manager(s)
1. Edelweiss Capital Limited
2. IDFC-SSKI Private Limited
Registrar of Sharda Cropchem IPO
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: sharda.ipo@karvy.com
Website: http://karisma.karvy.com
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