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Open
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Close
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Allotment
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Listing
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Price Band
₹72 per share
Issue Size
42,00,000 shares (agg. up to ₹30 Cr)
Lot Size
1,600 Shares
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 33.75 | 28.77 | 24.15 | 17.40 |
| Total Income | 29.62 | 47.42 | 42.28 | 17.10 |
| Profit After Tax | 3.11 | 5.52 | 1.95 | 0.66 |
| NET Worth | 17.93 | 7.97 | 2.45 | 0.50 |
| Reserves and Surplus | 17.91 | 7.96 | 2.44 | 0.49 |
| Total Borrowing | 3.26 | 10.31 | 10.63 | 11.14 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Devson Catalyst Ltd. | SME | ₹42.34 Cr | ₹118 | 9.66 | ₹205.95 | +74.53% | ₹205.95 (+0.00%) |
| Vahh Chemicals Ltd. | SME | ₹13.45 Cr | ₹60 | 7.15 | ₹66.50 | +10.83% | ₹59.00 (+1.90%) |
| Biopol Chemicals Ltd. | SME | ₹31.26 Cr | ₹108 | 19.73 | ₹105.50 | -2.31% | ₹97.55 (+2.68%) |
| Neochem Bio Solutions Ltd. | SME | ₹44.97 Cr | ₹98 | 15.85 | ₹111.80 | +14.08% | ₹93.40 (+0.43%) |
| Speb Adhesives Ltd. | SME | ₹33.73 Cr | ₹56 | 16.73 | ₹57.00 | +1.79% | ₹89.00 (-1.11%) |
| SK Minerals & Additives Ltd. | SME | ₹41.15 Cr | ₹127 | 10.45 | ₹152.25 | +19.88% | ₹476.55 (+0.03%) |
| Shlokka Dyes Ltd. | SME | ₹57.79 Cr | ₹91 | 13.69 | ₹85.50 | -6.04% | ₹24.00 (+4.12%) |
| Snehaa Organics Ltd. | SME | ₹32.68 Cr | ₹122 | 12.47 | ₹115.90 | -5.00% | ₹47.35 (-4.92%) |
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | 11.54 | ₹99.75 | -5.00% | ₹81.20 (-4.97%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | 9.87 | ₹86.03 | +19.49% | ₹58.00 (-3.33%) |
| Patel Chem Specialities Ltd. | SME | ₹58.80 Cr | ₹84 | 14.21 | ₹104.50 | +24.40% | ₹93.90 (-0.27%) |
| Sudeep Pharma Ltd. | Mainboard | ₹895.00 Cr | ₹593 | 47.61 | ₹774.15 | +30.55% | ₹883.35 (+4.14%) |
| Gem Aromatics Ltd. | Mainboard | ₹451.25 Cr | ₹325 | 28.52 | ₹319.05 | -1.83% | ₹187.69 (-2.70%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part Funding Capital Expenditure towards setting up new manufacturing facility | 26.50 |
| 2 | General Corporate Expenses | 0.66 |
About Satol Chemicals IPO
Incorporated in 1999, Satol Chemicals Limited is engaged in the business of manufacturing specialty cleaning and hygiene solutions in India. The company serves various industrial sectors, including breweries, beverages, dairy, food processing, poultry, fisheries, water treatment, and machinery. In recent years, Satol has expanded its services to institutional cleaning, catering to commercial laundry, facility management, hospitality, healthcare, retail, education, government, and food services. The company's manufacturing plant is located in Valsad, Gujarat, and holds GMP and FDA certifications, ensuring adherence to high-quality and safety standards. Product Portfolio: Industrial Products: Alkaline and acidic cleaners, lubricants, descalers, foam cleaners, defoamers, antiscalants, and disinfectants. Housekeeping Products: Bathroom and floor cleaners, shampoos, detergent powders, fabric softeners, glass cleaners, grill cleaners, and room fresheners. Drug and Cosmetics Products:Hand washes, hand sanitizers, germicidal cleaners, and disinfectant floor cleaners ensure top-tier quality and safety across all our product lines. As of December 31, 2024, the Company has employed a total of
Contact Details
Satol Chemicals Ltd. Address102, 1st Floor, Shreemad Gokul Apartments,CHS Ltd Near MCF Club,Off S V Road, Borivali (West)Mumbai, Maharashtra, 400092+91 7045991153cs@satol.netVisit Website