Deepak Chemtex IPO subscription is to open on Nov 29, 2023 and will close on Dec 01, 2023, the price band of the Deepak Chemtex IPO is fixed at ₹ 76 – ₹ 80.
Table of Contents
About Deepak Chemtex
Deepak Chemtex is primarily engaged in the business of manufacturing of colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture and other industries. Colorants are formulations of chemical intermediates, pigments or dyes and additives used to add colour to various consumables. Deepak Chemtex commenced the business in 1997 and have over the years evolved into manufacturing of a complete range of FD&C (Food, Drug and Cosmetic) colours used in the confectionary, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products.
Deepak Chemtex also manufacture salt free dyes used in inkjet industry, pond dyes used in 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.
Objects of the Issue
- Funding capital expenditure towards installation of plant & machinery in the existing premises.
- Investment in the subsidiary DCPL Speciality Chemicals Private Limited for financing its capital expenditure towards installation of plant and machinery.
- Funding to meet working capital requirements
- General Corporate Purpose
Deepak Chemtex Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 2,382.32 | 1,715.17 | 1,107.25 |
| Total income | 4,783.72 | 5,443.68 | 2,972.75 |
| Total Expenses | 3,940.70 | 4,880.01 | 2,606.44 |
| Profit After Tax | 631.02 | 423.10 | 263.47 |
Deepak Chemtex IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 28,80,000 Equity Shares of ₹10 (aggregating up to ₹ [.] lakhs) |
| Issue Open Date | 29-Nov-23 |
| Issue Close Date | 01-Dec-23 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 76 – ₹ 80 |
| Face Value | ₹ 10 |
| Market Lot | 1600 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 1600 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | DEEPAKCHEM |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Deepak Chemtex IPO DRHP & RHP
Deepak Chemtex IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 1600 | 128,000 |
| Maximum | 1 | 1600 | 128,000 |
Deepak Chemtex IPO Lead Managers
HEM Securities Limited
Deepak Chemtex IPO Registrar
Bigshare Services Private Limited
Deepak Chemtex IPO Allotment Date, Listing Date and other Important Dates
| Description | IPO Date |
|---|---|
| Bid / Offer Opens on | 29-Nov-23 |
| Bid / Offer Closes on | 01-Dec-23 |
| Finalisation of Basis of Allotment | 06-Dec-23 |
| Initiation of refunds | 07-Dec-23 |
| Credit of the Equity Shares | 08-Dec-23 |
| Listing Date | 11-Dec-23 |
Company Registered Office
Aawashi, 28/1A,
A/P Adgul Aawashi,
Lote, Ratnagiri, Ratnagiri,
Maharashtra, India
Website: www.deepakchemtex.in
Company Promoters
- Saurabh Deepak Arora
- Trishla Baid
Deepak Chemtex IPO – FAQS
What is the Deepak Chemtex IPO Price?
The Deepak Chemtex IPO price band is ₹ 76 – ₹ 80 per share
When Deepak Chemtex IPO will open?
The Deepak Chemtex IPO opens on Nov 29, 2023 and closes on Dec 01, 2023
What is the lot size of Deepak Chemtex IPO?
The Deepak Chemtex IPO lot size is 1600 Equity Shares and the minimum order quantity is 1600 Equity Shares
Who is the Registrar for Deepak Chemtex IPO?
The Registrar for Deepak Chemtex IPO is Bigshare Services Private Limited
How to apply in Deepak Chemtex IPO through UPI?
Check the step by step process here – Click here
How to apply in Deepak Chemtex IPO through Zerodha?
Check the step by step process here – Click here
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