The Company

Incorporated in 1968, Alkali Metals Limited is in the business of manufacturing fine chemicals for various industries including pharmaceuticals, petrochemicals, agro chemicals, Paints, dyes etc.

The IPO

Alkali Metals proposes to enter the capital markets on October 7, 2008 with a public issue of 5,50,000 Equity shares of Rs 10 each through 100% book building process. The IPO will close on October 10, 2008. The company has fixed the IPO price band between Rs 90 and Rs 105 per equity share.

The Objects of the Alkali metals IPO are as follows:

(A) The Company plans to set up an API plant at Jawaharlal Nehru Pharma City at Visakhapatnam.

(B) General Corporate Purposes.

(C) Meet the expenses of the Issue.

The equity shares are proposed to be listed on Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd.

Chartered Capital and Investment Ltd and Saffron Capital Advisors Pvt Ltd are Book Running Lead Manager to the IPO offer. Cameo Corporate Services Ltd is the Registrar to the Issue.