The Deepak Chemtex IPO started on November 29, 2023, and ended on December 1, 2023. Shares were allocated on December 6, 2023, and refund processes began on December 7, 2023. On December 8, 2023, the shares were credited to investors demat accounts. Deepak Chemtex was officially listed on the stock exchange on December 11, 2023.
During the IPO, Deepak Chemtex offered shares at a price range of ₹76 to ₹80 per share, and the lot size was 1600 shares. The total issue size was ₹23.04 crores, with ₹23.04 crores from new shares. The IPO was listed on BSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Deepak Chemtex Limited IPO Subscription Update Video
Deepak Chemtex IPO Subscription Status
The Deepak Chemtex IPO on December 1, 2023 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, the 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 Basic Details
| Company Name | Deepak Chemtex Limited |
| Domain of Company | Colorants Manufacturer |
| Deepak Chemtex IPO GMP Today | ₹32 |
| Deepak Chemtex IPO Listing Gain | 40.00% |
| Deepak Chemtex IPO Open Date | November 29, 2023 |
| Deepak Chemtex IPO Close Date | December 1, 2023 |
| Deepak Chemtex IPO Allotment Date | December 6, 2023 |
| Deepak Chemtex IPO Listing Date | 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 |
| Company Promoters | Mr. Saurabh Deepak Arora and Ms. Trishla Baid |
About Deepak Chemtex Limited
Established in 1997, Deepak Chemtex Limited has been creating colorful solutions for various industries such as Food, Drug, Cosmetics, Cleaning compounds, and Agriculture.
We specialize in manufacturing FDC (Food, Drug, and Cosmetic) colors that find applications in confectionary, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceuticals, cosmetics, and personal care products. Our product range also includes salt-free dyes for the inkjet industry, pond dyes for ponds, lakes, and swimming pools, as well as other colorants used in car wash products, portable sanitation cleaners, detergents, soaps, fuel, oil, lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes, and more.
Our state-of-the-art manufacturing unit, situated in Ratnagiri District, Maharashtra, boasts a production capacity exceeding 1200 metric tonnes per annum. Equipped with glass-lined reactors, boilers, and stainless steel machinery, our facility undergoes regular audits from clients in the USA and EU. We take pride in our ISO 9001:2015 accreditation and hold HALAL and KOSHER certificates, ensuring compliance with Islamic and Jewish dietary laws.
With a diverse portfolio of over 100 products, we proudly export our offerings to countries such as China, France, Kenya, Mexico, Europe, Japan, Australia, the United Kingdom, and the United States of America.
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Deepak Chemtex IPO FAQs
What is the start and end date of Deepak Chemtex IPO Subscription?
The Deepak Chemtex IPO started on November 29, 2023, and ended on November 1, 2023.
When does Deepak Chemtex IPO Subscription open?
The Deepak Chemtex IPO open on November 29, 2023.
When does Deepak Chemtex IPO Subscription close?
The Deepak Chemtex IPO Close on November 1, 2023.
What is the allotment date of Deepak Chemtex IPO?
The allotment date for Deepak Chemtex IPO is November 6, 2023.
When is the initial refund date of Deepak Chemtex IPO?
The initial Refund date for Deepak Chemtex IPO is November 7, 2023.
When were the shares credited to investors demat accounts for the Deepak Chemtex IPO?
The shares for the Deepak Chemtex IPO were credited to investors demat accounts on November 8, 2023.
When will Deepak Chemtex IPO be listed on the stock market?
Deepak Chemtex IPO stock market will be listed on November 11, 2023 at 10 am.
What was the price range of the Deepak Chemtex IPO shares?
The Deepak Chemtex IPO shares were offered at a price range of ₹76 to ₹80 per share.
What was the lot size for the Deepak Chemtex IPO shares?
The lot size for the Deepak Chemtex IPO shares was 1600 shares.
What was the total issue size of the Deepak Chemtex IPO?
The total issue size of the Deepak Chemtex IPO was ₹23.04 crores.
How were the shares allocated among different types of investors for the Deepak Chemtex IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Deepak Chemtex IPO listed?
The Deepak Chemtex IPO was listed on the BSE SME.
What is the Deepak Chemtex IPO Subscription Status?
Deepak Chemtex IPO is subscribed 403.03 Times.
