Patel Chem Specialities IPO was subscribed overall 167.32 times on the last day, a retail quota was subscribed over 173.03 times, NII was subscribed over 236.62 times, and QIB was subscribed 105.27 times, respectively.
Details About Patel Chem Specialities IPO
Patel Chem Specialities got approval from SEBI for an IPO of around ₹58.80 crores. Patel Chem Specialities IPO is a fresh issue of ₹58.80 crores with a face value of Rs 10 each. Further, Patel Chem Specialities had a set price band between ₹82 to ₹84 Per Share.
In the Patel Chem Specialities IPO, 3,200 shares were in 2 lot sizes for the retail minimum and maximum categories as well. 4,800 shares were in 3 lot sizes for the S-HNI Minimum category, and 11,200 shares were in 7 lot sizes for the S-HNI Maximum. Moreover, 12,800 shares were in 8 lot sizes for the B-HNI Minimum category.
To invest in Patel Chem Specialities IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,68,800.
- SHNI (S-HNI): Minimum investment of ₹4,03,200.
- SHNI (S-HNI): Maximum investment of ₹9,40,800.
- B-HNI Minimum: Minimum investment of ₹10,75,200
Patel Chem Specialities IPO’s Subscription Duration
Patel Chem Specialities IPO was started on July 25, 2025, and closed on July 30, 2025. The Patel Chem Specialities IPO’s allotment date was July 30, 2025, and they received a refund on July 31, 2025. The Patel Chem Specialities’ listing date is August 1, 2025.
Patel Chem Specialities IPO funds deployment
- The proceeds raised from the fresh issue will be utilized towards funding the capital expenditure requirement of the Company
- Lastly, the remaining funds will be used for the company’s General corporate purposes.
About Patel Chem Specialities Company
Patel Chem Specialties Limited, Incorporated in 2008, is one of the leading companies involved in the manufacturing and exporting of pharmaceutical excipients and specialty chemicals. The company has enhanced its services as they are now available in East Asia, Europe, the Middle East, North America, and Southeast Asia. In this area, they provide high-quality products that meet international standards to lead the chemical industry. Moreover, the company manufactures various necessary chemicals that could be used in the pharmaceutical, food, cosmetics, and industrial applications. Moreover, the company produces important chemicals which are utilized in pharmaceuticals, food, cosmetics, and industrial sectors, where they function as binders, disintegrants, thickeners, stabilizers, and gelling agents across diverse applications.
Financial Resort of the Patel Chem Specialities Company
The company reported revenue of ₹105.55 crores in 2025 against ₹82.72 crores in 2024. The company reported a profit of ₹10.57 crores in 2025 against a profit of ₹7.66 crores in 2024.
