| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 8,000 | ₹1,20,000 |
| HNI / NII | 2 | 16,000 | ₹2,40,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | — | — | — |
| NII / HNI (Total) | — | 23,36,000 (47.17%) | — | — |
| Retail Investors | — | 23,36,000 (47.17%) | — | — |
| Market Maker * | 1× | 2,80,000 (5.65%) | 2,80,000 (5.65%) | ₹4.20 Cr |
| Total ** | — | 49,52,000 (100.00%) | — | — |
Incorporated in 1997, Chemtech Industrial Valves Ltd is an ISO 9001-2008 certified company, is engaged in the business of manufacturing carbon steel and stainless steel industrial valves of various types & sizes ranging from 15mm up to 4000mm. They manufacture and supply various types of ball, butterfly, globe, gate and check valves and have a significant customer base in the steel industry. They also supply their products to customers in the oil and gas (including petro-chemical) industry, infrastructure (including pipelines), process industries (including pharmaceuticals, chemicals, intermediaries and fertilizers), nuclear space and defence industry.
Company is a manufacturer of high quality valves. They have their manufacturing facilities at Wada, to suit most of the piping related requirements. Most of their valves are tailor made to meet customers’ specific requirements.