Last updated on December 6, 2023
Deepak Chemtex IPO description – Deepak Chemtex is engaged in the business of manufacturing colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture, and other industries.
Deepak Chemtex manufactures FD&C (Food, Drug, and Cosmetic) colors used in confectionery, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products. It also manufactures salt-free dyes used in the inkjet industry, pond dyes used 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.
Deepak Chemtex is exporting to countries like China, France, Kenya, Mexico, Europe, Japan, Australia, the United Kingdom, the United States of America, etc. The company has successfully expanded its commercialized product portfolio from around 50 products in Fiscal 2021 to around 100 products in Fiscal 2023.
The company provides flexible packing options like IBC Tank Packing, HDPE Drum Packing, Cardboard Drum Packing, Carton Packaging Container Stuffing, etc. It packs the offered range hygienically, to ensure its safety during the transit.
Promoters of Deepak Chemtex – Saurabh Deepak Arora, and Trishla Baid
Table of Contents
Deepak Chemtex IPO Details
| Deepak Chemtex IPO Dates | 29 Nov – 1 Dec 2023 |
| Deepak Chemtex Issue Price | INR 76 – 80 per share |
| Fresh issue | 28,80,000 shares (INR 21.89 – 23.04 crore) |
| Offer For Sale | Nil |
| Total IPO size | 28,80,000 shares (INR 21.89 – 23.04 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 128,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Deepak Chemtex Financial Performance
| Â | FY 2021* | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 29.56 | 54.11 | 46.70 | 21.74 |
| Expenses | 26.06 | 48.80 | 39.41 | 18.00 |
| Net income | 2.63 | 4.23 | 6.31 | 3.11 |
* Standalone data
Deepak Chemtex Offer News
- Deepak Chemtex RHP
- Deepak Chemtex Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Deepak Chemtex Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 3.30 | 5.30 | 7.89 |
| PE ratio | – | – | 9.63 – 10.14 |
| RONW (%) | 51.01 | 45.09 | 40.17 |
| NAV | 6.47 | 11.75 | 19.65 |
| ROCE (%) | 55.09 | 50.22 | 49.65 |
| EBITDA (%) | 13.93 | 10.96 | 17.11 |
| Debt/Equity | 0.31 | 0.21 | 0.09 |
Deepak Chemtex IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 5 December 2023 | 60 | – | 81,000 |
| 4 December 2023 | 57 | – | 78,000 |
| 2 December 2023 | 50 | – | 75,000 |
| 30 November 2023 | 30 | – | 34,500 |
| 29 November 2023 | 28 | – | 29,000 |
| 28 November 2023 | 18 | – | 18,500 |
| 27 November 2023 | 13 | – | 14,500 |
| 25 November 2023 | 13 | – | 14,500 |
| 24 November 2023 | 13 | – | 14,500 |
| 23 November 2023 | 15 | – | 16,000 |
Deepak Chemtex IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 547,200 | 558,400 | 956,800 | 2,062,400 |
| 1 Dec 2023 | 96.80 | 473.21 | 475.33 | 374.33 |
| 30 Nov 2023 | 10.95 | 78.37 | 127.05 | 83.06 |
| 29 Nov 2023 | 3.84 | 9.95 | 26.61 | 16.06 |
Deepak Chemtex IPO Allotment Status
Deepak Chemtex IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Deepak Chemtex IPO Dates & Listing Performance
| IPO Opening Date | 29 November 2023 |
| IPO Closing Date | 1 December 2023 |
| Finalization of Basis of Allotment | 4 December 2023 |
| Initiation of refunds | 5 December 2023 |
| Transfer of shares to demat accounts | 6 December 2023 |
| IPO Listing Date | 6 December 2023 |
| Opening Price on BSE SME | INR 152 per share (up 90%) |
| Closing Price on BSE SME | INR 159.60 per share (up 99.50%) |
Deepak Chemtex Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email: [email protected]
Website:Â www.hemsecurities.com
Deepak Chemtex Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Deepak Chemtex IPO Contact Details
DEEPAK CHEMTEX LIMITED
Aawashi, 28/1A, A/P Adgul Aawashi, Lote,
Ratnagiri, Maharashtra, India, 415722
Phone: +91 88706 82632
E-mail: [email protected]
Website: www.deepakchemtex.in
IPO FAQs
What is the Deepak Chemtex offer size?
Deepak Chemtex offer size is INR 21.89 – 23.04 crores.
What is the Deepak Chemtex offer price band?
Deepak Chemtex public offer price is INR 76 – 80 per share.
What is the lot size of the Deepak Chemtex IPO?
Deepak Chemtex offer lot size is 1,600 shares.
What is Deepak Chemtex IPO GMP today?
Deepak Chemtex IPO GMP today is INR 60 per share.
What is the Deepak Chemtex kostak rate today?
Deepak Chemtex kostak rate today is NA per application.
What is Deepak Chemtex Subject to Sauda rate today?
Deepak Chemtex Subject to Sauda rate today is INR 81,000 per application.
