Deepak Chemtex Limited is primarily engaged in the business of manufacturing colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture, and other industries. The company commenced the business in 1997 and has over the years evolved into manufacturing a complete range of FD&C (Food, Drug, and Cosmetic) colors used in the confectionery, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products.
Deepak Chemtex 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.
The company’s manufacturing facility is situated in Ratnagiri District in Maharashtra and is equipped with glass-lined reactors, boilers, and stainless steel equipment and gets audited regularly by its clients. The manufacturing facility is accredited with ISO 9001:2015 for a quality management system for the manufacture and supply of chemical intermediates & dyes stuff. They are exporting to countries like China, France, Kenya, Mexico, Europe, Japan, Australia, the United Kingdom, the United States Of America, etc.
Objects of the 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 Review
- May Apply
Deepak Chemtex IPO Date & Price Band Details
| IPO Open: | November 29, 2023 |
| IPO Close: | December 1, 2023 |
| IPO Size: | Approx ₹23.04 Crores, 2,880,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹76 to ₹80 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Deepak Chemtex IPO Market Lot
The Deepak Chemtex IPO minimum market lot is 1600 shares with a ₹128,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹128,000 |
| Retail Maximum | 1 | 1600 | ₹128,000 |
| S-HNI Minimum | 2 | 3200 | ₹256,000 |
Deepak Chemtex IPO Dates
The Deepak Chemtex IPO date is November 29 and the IPO close date is December 1. The IPO allotment date is December 4 and the IPO might list on December 6.
| IPO Open Date: | November 29, 2023 |
| IPO Close Date: | Decemeber 1, 2023 |
| Basis of Allotment: | December 4, 2023 |
| Refunds: | December 5, 2023 |
| Credit to Demat Account: | December 5, 2023 |
| IPO Listing Date: | December 6, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Deepak Chemtex IPO Form
How to apply Deepak Chemtex IPO? You can apply Deepak Chemtex IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Deepak Chemtex IPO in the Invest section. The other option you can apply Deepak Chemtex IPO via IPO forms download via the BSE website. Check out the Deepak Chemtex forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Deepak Chemtex Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹29.73 | ₹26.06 | ₹2.63 |
| 2022 | ₹54.44 | ₹48.80 | ₹4.23 |
| 2023 | ₹47.84 | ₹39.41 | ₹6.31 |
Deepak Chemtex IPO Valuation – FY2023
Check Deepak Chemtex IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.90 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 40.20% |
| Net Asset Value (NAV): | ₹19.66 per Equity Share |
Peer Group
- Vidhi Specialty Food Ingredients Limited
- Vipul Organics Limited
- Kiri Industries Limited
Company Promoters
- Mr. Saurabh Deepak Arora
- Ms. Trishla Baid
Deepak Chemtex IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Deepak Chemtex IPO Allotment Status
Check Deepak Chemtex IPO allotment status on Bigshare website URL. Click Here
Deepak Chemtex IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Deepak Chemtex Limited
Aawashi, 28/1A,
A/P Adgul Aawashi,
Lote, Ratnagiri – 415722
Phone: +91 88706 82632
Email: [email protected]
Website: https://www.deepakchemtex.in/index
