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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 2,084.36 | 1,923.43 | 1,905.17 |
| Total Income | 1,605.82 | 1,417.66 | 1,167.47 |
| Profit After Tax | -14.29 | -22.79 | -1.02 |
| EBITDA | 233.03 | 118.65 | 149.06 |
| NET Worth | 611.46 | 626.15 | 648.88 |
| Reserves and Surplus | 656.47 | 657.84 | 664.85 |
| Total Borrowing | 830.39 | 677.09 | 680.22 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sudeep Pharma Ltd. | Mainboard | ₹895.00 Cr | ₹593 | 47.61 | ₹774.15 | +30.55% | ₹825.15 (+1.50%) |
| Gem Aromatics Ltd. | Mainboard | ₹451.25 Cr | ₹325 | 28.52 | ₹319.05 | -1.83% | ₹178.10 (+0.11%) |
| Devson Catalyst Ltd. | SME | ₹42.34 Cr | ₹118 | 9.66 | ₹205.95 | +74.53% | ₹222.50 (-0.34%) |
| Vahh Chemicals Ltd. | SME | ₹13.45 Cr | ₹60 | 7.15 | ₹66.50 | +10.83% | ₹52.42 (-0.25%) |
| Biopol Chemicals Ltd. | SME | ₹31.26 Cr | ₹108 | 19.73 | ₹105.50 | -2.31% | ₹97.45 (+3.67%) |
| Neochem Bio Solutions Ltd. | SME | ₹44.97 Cr | ₹98 | 15.85 | ₹111.80 | +14.08% | ₹85.20 (-4.38%) |
| Speb Adhesives Ltd. | SME | ₹33.73 Cr | ₹56 | 16.73 | ₹57.00 | +1.79% | ₹87.00 (-2.25%) |
| SK Minerals & Additives Ltd. | SME | ₹41.15 Cr | ₹127 | 10.45 | ₹152.25 | +19.88% | ₹473.75 (-2.62%) |
| Shlokka Dyes Ltd. | SME | ₹57.79 Cr | ₹91 | 13.69 | ₹85.50 | -6.04% | ₹22.39 (-4.97%) |
| Snehaa Organics Ltd. | SME | ₹32.68 Cr | ₹122 | 12.47 | ₹115.90 | -5.00% | ₹47.30 (-4.92%) |
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | 11.54 | ₹99.75 | -5.00% | ₹78.00 (+4.21%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | 9.87 | ₹86.03 | +19.49% | ₹58.00 (-3.33%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment, in part or full, of certain of or all of borrowings availed by the Company; | 255.59 |
| 2 | Repayment/prepayment, in part or full, of certain of or all of borrowings availed by Subsidiary, namely, Shogun Organics, through investments in such Subsidiary | 110.00 |
| 3 | General corporate purposes |
About Safex Chemicals IPO
Incorporated in January 1991, Safex Chemicals (India) Ltd is a speciality chemicals company focused on agrochemicals and active across the agrochemical value chain. The company operates in three verticals: branded formulation, specialty chemicals, and CDMO, serving farmers and global agrochemical firms. As of March 31, 2025, the company's operations are spread across 22 countries in six continents. As of March 31, 2025, the company's product portfolio consisting of 140 items, including insecticides, herbicides, fungicides, fertilizers, and plant growth regulators. The company has a network of over 14,950 active dealers who sell its products directly to farmers. The company has six manufacturing units in India that cater to our branded formulation business and are strategically located in agrochemical hubs in western and northern India. As of March 31, 2025, the company has one of the largest and widest product portfolios in the Indian agrochemicals industry. As of March 31, 2025, the company employed 37 people dedicated to its quality control and process safety operations. As of March 31, 2025, the company had a total of 1,555 full-time employees in various departments. Competitive
Contact Details
Safex Chemicals (India) Ltd. Address4th & 5th FloorBlock-A, NDM-1Netaji Subash Place,North West Delhi, New Delhi, 110034+91 11 6610 5000cs@safexchemicals.comVisit Website