Deepak Chemtex Limited
- IPO Date29 Nov, 2023 to 01 Dec, 2023
- Listing Date11 Dec, 2023
- Face Value₹10 per share
- Issue Price₹76 to ₹80 per share
- Lot Size1600 Shares
- Minimum Investment₹1,28,000
- Listing AtBSE SME
- Total Issue Size28,80,000 Shares
(aggregating up to ₹23.04 Cr) - Fresh Issue28,80,000 Shares
(aggregating up to ₹23.04 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue79,84,000
- Shareholding post issue1,47,200
IPO Dates
Closing Date
01 Dec, 2023
Initiation of Refunds
08 Dec, 2023
Listing Date
11 Dec, 2023
29 Nov, 2023
Opening Date
06 Dec, 2023
Basis of Allotment
08 Dec, 2023
Credit of Shares
Deepak Chemtex Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,28,000 |
| HNI (Min) | 2 | 3200 | ₹2,56,000 |
| Retail (Max) | 1 | 1600 | ₹1,28,000 |
Deepak Chemtex Limited Promoter Holding
Mr. Saurabh Deepak Arora and Ms. Trishla Baid are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.4% | 73.05% |
Key Performance Indicator
Deepak Chemtex IPO Market Cap is Rs 86.91 Cr and P/E (x) is 10.14.
| KPI | Values |
|---|---|
| ROE | 50.27% |
| ROCE | 49.65% |
| RoNW | 40.17% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.14 | 7.89 |
| P/E (x) | 10.14 | 7.89 |
Deepak Chemtex Limited COMPANY INFORMATION
Deepak Chemtex IPO is a book built issue of Rs 23.04 crores. The issue is entirely a fresh issue of 28.8 lakh shares. Deepak Chemtex IPO opens for subscription on November 29, 2023 and closes on December 1, 2023. The allotment for the Deepak Chemtex IPO is expected to be finalized on Wednesday, December 6, 2023. Deepak Chemtex IPO will list on BSE SME with tentative listing date fixed as Monday, December 11, 2023. Deepak Chemtex IPO price band is set at ₹76 to ₹80 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹128,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹256,000. Hem Securities Limited is the book running lead manager of the Deepak Chemtex IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Deepak Chemtex IPO is Hem Finlease. Refer to Deepak Chemtex IPO RHP for detailed information.
Incorporated in 1997, Deepak Chemtex Limited is engaged in the business of manufacturing colorants for applications in Food, Drug, Cosmetics, Cleaning compounds, Agriculture, and other industries.
The company manufactures FDC (Food, Drug, and Cosmetic) colors used in confectionary, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products. It also manufactures salt-free dyes used in the inkjet industry, pond dyes used in ponds, lakes, swimming pools, etc, and other colorants used in car wash products, portable sanitation cleaners, detergent & soap, fuel, oil & lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes, etc.
Deepak Chemtex's manufacturing unit is located in Ratnagiri District in Maharashtra with a production capacity of over 1200 metric tonnes per annum. It is equipped with glass-lined reactors, boilers, and stainless steel equipment and gets audited regularly by its clients from the USA and EU. The facility is ISO 9001:2015 accredited. The manufacturing unit has also received a HALAL certificate which guarantees that the food is prepared per Islamic law and is unadulterated and a KOSHER certificate that a particular food item or product has been prepared per the Dietary Laws of Judaism.
The company has over 100 products in its portfolio and exports its products to countries like China, France, Kenya, Mexico, Europe, Japan, Australia, the United Kingdom, the United States Of America, etc.
FAQs About Deepak Chemtex Limited
Deepak Chemtex Limited will open on 29 Nov, 2023 and close on 01 Dec, 2023. Investors must apply within this period to participate.
The Deepak Chemtex Limited price band is set between ₹76.00 and ₹80.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹128000.00.
The Deepak Chemtex Limited shares are expected to be listed on 11 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your Deepak Chemtex Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Deepak Chemtex Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.