Deepak Chemtex IPO Date, Review, Price, Allotment Details

Deepak Chemtex IPO Details: Deepak Chemtex IPO date is fixed, The IPO will open on November 29 and will close on December 1. Deepak Chemtex is a BSE SME IPO to raise ₹23.04 crores via IPO. The Deepak Chemtex IPO price band is fixed at ₹76 to ₹80 with a market lot of 1600 shares.
Deepak Chemtex IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹128,000
Retail Maximum11600₹128,000
S-HNI Minimum23200₹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
YearRevenueExpensePAT
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

Deepak Chemtex IPO FAQs


What is Deepak Chemtex IPO?

Deepak Chemtex IPO is a BSE SME IPO. They are going to raise ₹23.04 Crores via IPO. The issue is priced at ₹76 to ₹80 per equity share. The IPO is to be listed on BSE.

When Deepak Chemtex IPO will open?

The IPO is to open on November 29, 2023 for QIB, NII, and Retail Investors.

What is Deepak Chemtex IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Deepak Chemtex IPO?

You can apply Deepak Chemtex IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Deepak Chemtex IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Deepak Chemtex”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Deepak Chemtex IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Deepak Chemtex”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Deepak Chemtex IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Deepak Chemtex”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Deepak Chemtex IPO Size?

Deepak Chemtex IPO size is ₹23.04 crores.

What is Deepak Chemtex IPO Price Band?

Deepak Chemtex IPO Price Band is ₹76 to ₹80 per equity share.

What is Deepak Chemtex IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹128,000.

What is Deepak Chemtex IPO Allotment Date?

Deepak Chemtex IPO allotment date is December 4, 2023.

What is Deepak Chemtex IPO Listing Date?

Deepak Chemtex IPO listing date is December 6, 2023. The IPO to list on BSE SME.

Note: The Deepak Chemtex IPO details are announced officially. The IPO grey market premium (Deepak Chemtex IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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