Deepak Chemtex IPO Details ( Deepak Chemtex Limited IPO Review )
(29 Nov 2023 – 1 Dec 2023)
Established in 1997, Deepak Chemtex Limited focuses on manufacturing colorants for various industries such as Food, Drug, Cosmetics, Cleaning compounds, Agriculture, and more.
We produce FDC (Food, Drug, and Cosmetic) colors for use in confectionery, bakery items, desserts, beverages, dairy products, seasonings, pet foods, pharmaceuticals, cosmetics, and personal care items. Additionally, our lineup includes salt-free dyes for the inkjet sector, pond dyes for use in ponds, lakes, and swimming pools, as well as other colorants utilized in car wash products, portable sanitation cleaners, detergents, soaps, fuel, oils, lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes, and more.
Our manufacturing facility, situated in Ratnagiri District, Maharashtra, boasts a production capacity exceeding 1200 metric tonnes per annum. Equipped with glass-lined reactors, boilers, and stainless steel equipment, our facility undergoes regular audits by clients from the USA and EU. We proudly hold ISO 9001:2015 accreditation, a HALAL certificate ensuring compliance with Islamic dietary laws, and a KOSHER certificate confirming adherence to the Dietary Laws of Judaism.
With a diverse portfolio of over 100 products, Deepak Chemtex exports to various countries, including China, France, Kenya, Mexico, Europe, Japan, Australia, the United Kingdom, and the United States of America.
Deepak Chemtex Limited Company Product
- Portable Sanitation Cleaners
- Detergent & Soap
- Fuel, Oil & Lubricants
- Ink & Toner
- Smoke
- Seed Treatment & colouring, Crop Protection Coloring, Fertilizer Indicators
- Floral Dyes
Deepak Chemtex Limited IPO Competitive Strength
- Wide range of products with ability to customize
- Long standing relationships with diversified customers across geographies
- In-house manufacturing facility with equipped machines and processes
- Focus on Quality, Environment, Health and Safety
- Stable and consistent financial performance
- Experienced Promoters and Senior Management with extensive domain knowledge
Deepak Chemtex IPO Financials Performance ( Results )
Deepak Chemtex Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-22 | 1,715.17 | 5,443.68 | 423.10 | 5.30 | 938.43 | 11.75 | 888.53 | 199.49 |
| 31-Mar-23 | 2,382.32 | 4,783.72 | 631.02 | 7.89 | 1,568.88 | 19.65 | 1,518.98 | 136.80 |
| 30-Sep-23 | 2,820.64 | 2,212.95 | 311.18 | 3.90 | 1,879.90 | 23.55 | 1,081.50 | 120.78 |
Objective of Deepak Chemtex IPO Issue
- Funding capital expenditure towards the installation of plant & machinery in our existing premises.
- Investment in its subsidiary DCPL Speciality Chemicals Private Limited for financing its capital expenditure towards the installation of plant and machinery.
- Funding to meet working capital requirements.
- General Corporate Purpose.
Deepak Chemtex IPO Basic Details
| IPO Date | Nov 29, 2023 to Dec 1, 2023 |
| Listing Date | Monday, December 11, 2023 |
| Face Value | ₹10 per share |
| Price | ₹76 to ₹80 per share |
| Lot Size | 1600 Shares |
| Issue Size | 2,880,000 shares of ₹10 (aggregating up to ₹23.04 Cr) |
| Fresh Issue | 2,880,000 shares of ₹10 (aggregating up to ₹23.04 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 7,984,000 |
| Share holding post issue | 10,864,000 |
| Company Promoters | Mr. Saurabh Deepak Arora and Ms. Trishla Baid |
Deepak Chemtex IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Deepak Chemtex IPO Timetable
Deepak Chemtex IPO will open on November 29, 2023 and close on December 1, 2023. You can join Deepak Chemtex IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 29 November 2023 (Wednesday) |
| Closing Date | 1 December 2023 (Friday) |
| Basis of Allotment | 6 December 2023 (Wednesday) |
| Initiation of Refunds | 7 December 2023 (Thursday) |
| Credit of Shares to Demat | 8 December 2023 (Friday) |
| Listing Date | 11 December 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 1 December 2023 |
Deepak Chemtex IPO Lot Size
For retail investors in Deepak Chemtex IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹128,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹128,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹128,000 |
| Retail (Max) | 1 | 1600 | ₹128,000 |
| S-HNI (Min) | 2 | 3200 | ₹256,000 |
Deepak Chemtex IPO Promoter Holding
The company’s promoters include Mr. Saurabh Deepak Arora and Ms. Trishla Baid.
| Pre Issue Share Holding | 99.40% |
| Post Issue Share Holding | 73.05% |
Deepak Chemtex Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 86.91 |
| Earning Per Share (EPS) | ₹7.89 per Equity Share |
| Net Asset Value (NAV) | ₹19.65 per Equity Share |
| P/E Ratio (P/E) (x) | 10.14 |
| Post P/E Ratio (P/E) (x) | 13.96 |
| Return on Net Worth (RoNW) (%) | 40.17 |
| Return on equity (ROE) (%) | 50.27 |
| Return on Capital Employed (ROCE) (%) | 49.65 |
| Debt/Equity Ratio | 0.09 |
Deepak Chemtex Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | Book Value (₹) |
| Deepak Chemtex Limited | 80 | 10 | 7.89 | 13.96 | 40.17 | 19.65 |
| Peer Group | ||||||
| Vidhi Specialty Food Ingredients Limited | 427.50 | 1 | 7.55 | 56.62 | 15.04 | 50.13 |
| Vipul Organics Limited | 132.75 | 10 | 1.47 | 90.31 | 3.53 | 516.90 |
| Kiri Industries Limited | 268.70 | 10 | 20.67 | 13.00 | 3.98 | 41.38 |
Deepak Chemtex IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹65 | – | – |
| 1 December 2023 | ₹65 | – | – |
| 30 November 2023 | ₹32 | – | – |
| 29 November 2023 | ₹32 | – | – |
Deepak Chemtex IPO Detail Video:
Deepak Chemtex IPO Subscription Status (Bidding Detail)
The Deepak Chemtex IPO on December 1, 2023 at 7:30:00 PM was subscribed 403.03 times, with the retail category being subscribed 475.36 times, the NII (Non-Institutional Investor) category being subscribed 642.25 times, QIB (Qualified-Institutional Buyers) category being subscribed 96.80 times.
| Category | Subscription |
| QIB | 96.80x |
| NII | 642.25x |
| Retail | 475.36x |
| Total | 403.03x |
Deepak Chemtex IPO Prospectus
| Deepak Chemtex IPO DRHP | Download |
| Deepak Chemtex IPO RHP | Download |
| Deepak Chemtex IPO Anchor Investors Details PDF | Download |
Deepak Chemtex IPO Rating
| Our Rating | 3.5/5.0 |
Deepak Chemtex Company Contact Information
Deepak Chemtex Limited
Registered Office: Aawashi, 28/1A, A/P Adgul Aawashi, Lote, Ratnagiri,
Ratnagiri, Maharashtra, India, 415722
Contact Person: Sonam Sharma, Company Secretary & Compliance Officer
Tel No: +91 88706 82632
E-mail: info@deepakchemtex.in
Website: www.deepakchemtex.in
Promoters of our Company: Saurabh Deepak Arora and Trishla Baid
Deepak Chemtex IPO Registrar
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali
Caves Road, Andheri (East), Mumbai- 400093, India.
Tel No.: +91 022 6263 8200
Fax: +91 022 6263 8299
Email: ipo@bigshareonline.com
Contact Person: Babu Rapheal C
Website: www.bigshareonline.com
SEBI Registration Number: INR000001385
Deepak Chemtex IPO Lead Manager
Hem Securities Limited
Address: 904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Tel. No.: +91- 022- 49060000
Fax No.: +91- 022- 22625991
Email: ib@hemsecurities.com
Investor Grievance Email: redressal@hemsecurities.com
Website: www.hemsecurities.com
Contact Person: Roshni Lahoti
SEBI Registration Number: INM000010981
Deepak Chemtex IPO FAQs
What is the lot size of Deepak Chemtex IPO?
The total size of Deepak Chemtex IPO is ₹23.04 crores and this is a complete fresh Issue.
When will Deepak Chemtex IPO start?
Deepak Chemtex IPO will open from 29 November 2023 and IPO will close on 1 December 2023.
What is the open date of Deepak Chemtex IPO?
Deepak Chemtex IPO will open date from 29 November 2023.
What is the last date ( close date ) of Deepak Chemtex IPO?
Deepak Chemtex IPO will close from 1 December 2023.
What is the price band of Deepak Chemtex IPO?
Deepak Chemtex IPO price band is ₹76 to ₹80. ( Upper Price Band: ₹80, Lower Price Band: ₹76 )
What is the minimum amount required to apply for Deepak Chemtex IPO?
The minimum investment for retailers to apply for Deepak Chemtex IPO is ₹128,000 and the maximum investment is ₹256,000.
What is going on gray market premium of Deepak Chemtex IPO?
View gray market premium of Deepak Chemtex IPO by Clicking Here
How much is the GMP of Deepak Chemtex IPO?
Watch Deepak Chemtex IPO GMP Today: Click Here
What is the allotment date of Deepak Chemtex IPO?
The allotment date of Deepak Chemtex IPO is 6 December 2023.
How to check allotment status in Deepak Chemtex IPO?
To check the allotment status of Deepak Chemtex IPO, first of all go to the registrar website by clicking here, select your bad Deepak Chemtex IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Deepak Chemtex IPO?
The listing date of Deepak Chemtex IPO is 11 December 2023.
How much will be the listing gain in Deepak Chemtex IPO?
View listing gain of Deepak Chemtex IPO by Clicking Here
How much time Deepak Chemtex IPO is subscribed?
Total 403.03 times subscribed in Deepak Chemtex IPO out of which 475.36 times subscription was done in retail quota, 642.25 times subscription in NII quota and 96.80 times subscription in QIB quota.
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