HomeIPO SMEDeepak Chemtex IPO Details

Deepak Chemtex IPO Details

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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.

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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.

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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)

ParticularsFor the year ended (₹ in lakh)
Total Assets2,382.321,715.171,107.25
Total income4,783.725,443.682,972.75
Total Expenses3,940.704,880.012,606.44
Profit After Tax631.02423.10263.47

Deepak Chemtex IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 28,80,000 Equity Shares of ₹10 (aggregating up to ₹ [.] lakhs)
Issue Open Date29-Nov-23
Issue Close Date01-Dec-23
Issue TypeBook Building
IPO Price Band₹ 76 – ₹ 80
Face Value₹ 10
Market Lot1600 Equity Shares and in multiples thereof
Minimum Order Quantity1600 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
ListingBSE SME
IPO Market Timings10.00 a.m. to 5.00 p.m.

Deepak Chemtex IPO DRHP & RHP

Deepak Chemtex IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)

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

DescriptionIPO Date
Bid / Offer Opens on29-Nov-23
Bid / Offer Closes on01-Dec-23
Finalisation of Basis of Allotment06-Dec-23
Initiation of refunds07-Dec-23
Credit of the Equity Shares08-Dec-23
Listing Date11-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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