Deepak Chemtex Limited

Offer PeriodNov 29, 2023 – Dec 01, 2023

BSE - SMEListed

Listed Price

₹152.00

+90.00%

Price Band₹76 - ₹80

Lot Size1,600 Shares

Allotment DateDec 04, 2023

Listing DateDec 06, 2023

Subscription403.1 Times

Issue Size₹23.04 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹75
(93.75%)

Premium (ELP)

Following its successful public offering, Deepak Chemtex Limited's made its market debut on Dec 06, 2023 and is now actively traded on the BSEplatform. The IPO mobilized 28,80,000 Shares in total capital, including 28,80,000 Shares in primary equity infusion.

The offering was structured with a price band of ₹76 to ₹80 and minimum investment lots of 1600 shares. Investor participation during the subscription window from Nov 29, 2023 to Dec 01, 2023 demonstrated market confidence in the company's prospects.

The allotment process concluded on Dec 04, 2023, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Deepak Chemtex IPO Details

IPO Date

Nov 29, 2023 to Dec 01, 2023

Allotment Date

Dec 04, 2023

List Date

Dec 06, 2023

Lot Size

1,600 share

Issue Price

₹76 - ₹80

Issue Size

28,80,000 (aggregating up to 23.04 Cr)

Fresh Issue

28,80,000 (aggregating up to 23.04 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

79,84,000

Share Holding Post-Issue

1,08,64,000

Market Marker Portion

1,47,200

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	1600	1,28,000
HNI	2	3200	2,56,000

IPO Reservation

Shares28,80,000

Retail

33.22%(9,56,800)

NII(HNI)

14.28%(4,11,200)

QIB

47.39%(13,64,800)

Market Maker

5.11%(1,47,200)

Total

100.00%(28,80,000)

Deepak Chemtex IPO Key Performance Indicators

KPI	Values

KPI	Values
EPS	7.89
ROE	50.27
ROCE	49.65
RONW	40.17
PRE IPO(PE)	10.14
POST IPO(PE)	13.96

Company Financials (in Lakhs)

Period Ended	Sep 2023	Mar 2023	Mar 2022

Period Ended	Sep 2023	Mar 2023	Mar 2022
Assets	2,820.64	2,382.32	1,715.17
Revenue	2,212.95	4,783.72	5,443.68
Net Worth	1,879.90	1,568.88	938.43
profit After Tax	311.18	631.02	423.10
Reserves And Surpluse	1,081.50	1,518.98	888.53
Total Borrowing	120.78	136.80	199.49

Deepak Chemtex IPO About Company

Incorporated in 1997, Deepak Chemtex Limited manufactures colorants used in Food, Drug, Cosmetics, Agriculture, Cleaning compounds, and other industries. The company produces FDC (Food, Drug & Cosmetic) colors for bakery, beverages, dairy products, pet foods, and personal care, as well as salt-free dyes for inkjet printing, pond dyes for lakes and pools, and other specialty colorants for car wash, sanitation cleaners, lubricants, seeds, fertilizers, floral applications, etc. Its ISO 9001:2015 certified manufacturing unit is located in Ratnagiri, Maharashtra, with a capacity of 1200+ MT per annum and holds HALAL and KOSHER certifications. The company has over 100 products and exports to China, Europe, Japan, Australia, the UK, USA and more.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Deepak Chemtex IPO Strength Factors

⚠️Deepak Chemtex IPO Risk Factors

🏦Deepak Chemtex IPO Lead Manager(s)

Hem Securities Limited

👤Deepak Chemtex IPO Promoter(s)

Mr. Saurabh Deepak Arora
Ms. Trishla Baid

🏢Deepak Chemtex IPO Company Details

Deepak Chemtex Limited

Email:info@deepakchemtex.in

Phone:+91 88706 82632

Website:https://www.deepakchemtex.in/index

address:Aawashi, 28/1A, A/P Adgul Aawashi, Lote, Ratnagiri - 415722

📋Deepak Chemtex IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:https://ipo.bigshareonline.com/ipo_status.html

❓Deepak Chemtex IPO FAQs

Deepak Chemtex IPO is a main-board IPO of 28,80,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹76 - ₹80 per share. The minimum order quantity is .The IPO opens on Nov 29, 2023, and closes on Dec 01, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Deepak Chemtex IPO using UPI as a payment gateway. Zerodha customers can apply in Deepak Chemtex IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Deepak Chemtex IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Deepak Chemtex IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Deepak Chemtex IPO opens on Nov 29, 2023 and closes on Dec 01, 2023.

You can apply in Deepak Chemtex IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Deepak Chemtex IPO will be done on Dec 04, 2023, and the allotted shares will be credited to your demat account by Dec 04, 2023

Deepak Chemtex IPO's listing date is Dec 06, 2023.

Deepak Chemtex Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹75(93.75%)

Premium (ELP)

₹75
(93.75%)