We are happy to share details of the filing of the DRHP with SEBI on September 25, 2018 in respect of the Initial Public Offering of Narmada Bio-chem Limited of upto 72,00,000 Equity Shares of face value of ₹ 10 each (“Equity Shares”) comprising fresh issue of upto 54,00,000 Equity Shares and an offer for sale of upto 18,00,000 Equity Shares by Narmada Organics Private Limited (collectively, “the Offer”). The Offer also comprises an Employee Reservation Portion for subscription by Eligible Employees.
The Company engaged in manufacturing of various types of chemical and organic fertilizers and trading of chemical compounds and organic fertilisers.
Kanga & Co. acted as the legal advisor to the Company on the Offer. The team was led by partner Chetan Thakkar and he was assisted by associates, Tejal Patankar, Chinmay Sethia and Vaishali Shah.