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Open
29 Nov to 1 Dec, 2023
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Close
29 Nov to 1 Dec, 2023
3
Allotment
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Listing
Wed, Dec 6, 2023
Price Band
₹76 to ₹80
Issue Size
28,80,000 shares (agg. up to ₹23 Cr)
Lot Size
1,600 Shares
Listing Date
Wed, Dec 6, 2023
Latest GMP
₹75
Est. Gain
93.75%
✦ AI Insight
GMP Trend
06-12-2023₹75Est. ₹155+93.75%
05-12-2023₹65Est. ₹145+81.25%
04-12-2023₹65Est. ₹145+81.25%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 279.70x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 28.21 | 23.82 | 17.15 |
| Total Income | 22.13 | 47.84 | 54.44 |
| Profit After Tax | 3.11 | 6.31 | 4.23 |
| NET Worth | 18.80 | 15.69 | 9.38 |
| Reserves and Surplus | 10.82 | 15.19 | 8.89 |
| Total Borrowing | 1.21 | 1.37 | 1.99 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Saroja Pharma Industries India Ltd. | SME | ₹9.11 Cr | ₹84 | 23.25 | ₹68.25 | -18.75% | ₹28.60 (-4.51%) |
| Sudarshan Pharma Industries Ltd. | SME | ₹50.10 Cr | ₹73 | 24.33 | ₹69.35 | -5.00% | ₹40.00 (-0.77%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards installation of plant & machinery in the existing premises | 0.55 |
| 2 | Investment in the subsidiary DCPL Speciality Chemicals Private Limited for financing its capital expenditure towards installation of plant and machinery | 2.70 |
| 3 | Funding to meet working capital requirements | 12.50 |
| 4 | General Corporate Purpose. | 4.97 |
About Deepak Chemtex IPO
Founded in 1997, Deepak Chemtex Limited produces colorants for the food, pharmaceutical, cosmetics, detergent, agricultural and other industries. Deepak Chemtex manufactures Food, Drug, and Cosmetic (FD&C) colorants used in confectionery, baked goods, desserts, beverages, dairy products, spices, pet food, pharmaceuticals, cosmetics, and personal care products. The colorants are produced from unwanted salts and isomers. The company also produces salt-free dyes for the inkjet industry, pond dyes for ponds, lakes, swimming pools, etc. as well as other dyes for car washes, portable sanitary cleaners, detergents, and soaps, fuels, oils and lubricants, smoke, seed treatment, pesticides, fertilizer indicators, flower dyes, etc. Deepak Chemtex's manufacturing facility is located in Ratnagiri, Maharashtra. As of FY 2023, the company's portfolio includes over 100 products. The company exports its products to countries such as China, France, Kenya, Mexico, Europe, Japan, Australia, the United Kingdom, the United States of America, etc.+ Read More
Contact Details
Deepak Chemtex Ltd. AddressAawashi, 28/1AA/P Adgul AawashiLoteRatnagiri, Maharashtra, 415722+91 88706 82632info@deepakchemtex.inVisit Website