Issue Price
₹80
Per Share
GMP
NIL
Grey Market
Est. Listing
₹80
Expected Price
Min. Application
₹256,000
2 lots × 1600 shares
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.
Deepak Chemtex Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 147,200 | — | ₹1.18 Cr | — |
| TOTAL | 2,880,000 | 100.00% | ₹23.04 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹128,000 |
| Retail (Max) | 13 | 20,800 | ₹1,664,000 |
| sNII (Min) | 14 | 22,400 | ₹1,792,000 |
| bNII (Min) | 68 | 108,800 | ₹8,704,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 2212.95 | 4783.72 | 5443.68 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 311.18 | 631.02 | 423.10 |
| Net Worth | 1879.90 | 1568.88 | 938.43 |
| Total Assets | 2820.64 | 2382.32 | 1715.17 |
| Reserves & Surplus | 1081.50 | 1518.98 | 888.50 |
| Total Borrowings | 120.78 | 136.80 | 199.49 |