Chemcrux Enterprises IPO


Chemcrux Enterprises IPO


Chemcrux Enterprises IPO

Chemcrux Enterprises is an ISO 9001:2008 and ISO 14001:2004 certified company and is engaged in High Pressure Oxidation, Chlorosulfonation, Nitration and Acetylation forb manufacturing of intermediates for bulk drugs, dyes and pigments. It has fully equipped chemical testing laboratory and treatment plant for effluent liquids and gases. The unit has also been honoured with safety awards. The company exports its products to Europe, Egypt and United States of America. The total direct exports constituted more than 20% of gross sales during FY 2016, FY 2015 and FY 2014 respectively. It also undertakes customer specific processing activities and also manufactures products as per customer requirements. Chemcrux Enterprises has product portfolio of intermediates for bulk drugs, API, dyes and pigments industries. The company‘s major selling products are Lassamide, various Chloro Benzoic Acids, and Nitro Benzoic Acids.

Promoters of Chemcrux Enterprises – Girish Shah and Sanjaybhai Marathe

Chemcrux Enterprises IPO details

Subscription Dates 15 – 20 Mar 2017
IPO Price band INR18 per share
Fresh issue 1,336,000 shares (INR2.4 crore)
Offer for sale
Total IPO size 1,336,000 shares (INR2.4 crore)
Minimum bid (lot size) 8,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform


Chemcrux Enterprises’ financial performance (in INR crore)

FY2012 FY2013 FY2014 FY2015 FY2016
Total revenue


18.1 15.6 19.6


Total expenses


17.5 15.0 18.4


Profit after tax

0.7 0.4 0.4 0.8



Day Subscription (no. of times)
Day 1  0.54
Day 2  1.91
Day 3  4.79
Day 4  67.67

Chemcrux Enterprises Limited
T-7, National Plaza, R. C. Dutt Road,
Vadodara – 390 007, Gujarat

Phone: +91 265 2344 803
Email: [email protected]

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
[email protected]

Chemcrux Enterprises IPO allotment status is available on Bigshare Services Private Limited website. Click on this link to get allotment status.

IPO Opening Date: 15 March 2017

IPO Closing Date:  20 March 2017

Listing Date: 28 March 2017

Listing Price on BSE SME: INR21.6 per share (profit of 20% over IPO price)

Closing Price on BSE SME: INR21.6 per share (profit of 20% over IPO price)


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