DEEPAK CHEMTEX LTD (BSE SME)
November 29, 2023 – December 1, 2023
| Price | ₹76 - ₹80 |
| Premium | ₹75 |
|---|---|
| Lot size | 1600 |
| Allotment | Dec 4, 2023 |
| Listing | Dec 6, 2023 |
Live Rate
| Open | |
|---|---|
| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
| 52w High | |
| 52w Low | |
| P/E Ratio |
Subscription
Last updated on 01 Dec 2023 | 05:56:53 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 547200 | 52969600 | 96.8 |
| HNIs | 411200 | 264240000 | 642.61 |
| Retail | 956800 | 454814400 | 475.35 |
| Total | 1915200 | 772024000 | 403.1 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 128000 | 598 |
| HNI | 2 | 3200 | 256000 | 257 |
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.
Deepak Chemtex IPO Details
| Issue Size | 2,880,000 shares (aggregating up to ₹23.04 Cr) |
| Fresh Issue | 2,880,000 shares (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 |
| Market Maker portion | 147,200 shares |
Deepak Chemtex IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Company Financials
Deepak Chemtex Limited Financial Information (Restated Consolidated)
Deepak Chemtex Limited's revenue decreased by -12.12% and profit after tax (PAT) rose by 49.14% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Mar 2023 | Mar 2022 |
| Assets | 2,382.32 | 1,715.17 |
| Revenue | 4,783.72 | 5,443.68 |
| Profit | 631.02 | 423.10 |
| Net Worth | 1,569.73 | 938.43 |
| Reserves | 1,519.83 | 888.53 |
| Borrowing | 136.80 | 199.49 |
| Amount in ₹ Lakhs | ||
Strength
Weakness
Lead Manager(s)
Address
Deepak Chemtex Limited
Aawashi, 28/1A,
A/P Adgul Aawashi,
Lote, Ratnagiri - 415722
Phone: +91 88706 82632
Email: info@deepakchemtex.in
Website: https://www.deepakchemtex.in/index