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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Patel Chem Specialities Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹84
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,34,400
Issue Size
₹58.8 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.08%
QIB Quota
49.9%
NII Quota
15.02%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95.13%
Promoter Holding (Post-Issue)
68.36%
Issue Type
Book Building - SME
ISIN
INE161701011
Our Company operates in the field of specialty chemicals, particularly focusing on the production of cellulose-based excipients. We manufacture a diverse range of products that are critical to various industries, including pharmaceuticals, food & beverages, cosmetics, and numerous industrial applications. These chemicals are fundamental in the formulation of essential products such as tablets, food additives, personal care items, and industrial formulations. Our products play vital roles as binders, disintegrants, thickeners, stabilizers, and gelling agents, each serving a specialized function across multiple sectors.
Our Company is engaged in the manufacturing of Carboxymethyl Cellulose Sodium (Sodium CMC), Microcrystalline Cellulose (MCC), Carboxymethyl Cellulose Calcium (Calcium CMC), Croscarmellose Sodium (CCS), Sodium Starch Glycolate (SSG), and Sodium Monochloro Acetate (SMCA). Our Company operate in chemicals industry.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of up to 70,00,000 equity shares of Rs. 10/- each ("Eequity Shares") of patel chem specialities limited ("Patel Chem" or "PCSL" or the "Company") for cash at a price of Rs. 84/- per equity share (the "Issue Price"), aggregating to Rs. 58.80 crores ("the Issue"). Out of the issue, 3,53,600 equity shares aggregating to Rs. 2.97 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 66,46,400 equity shares of face value of Rs. 10/- each at an issue price of Rs. [*]/- per equity share aggregating to Rs. 55.83 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.15 % and 26.72 %, respectively of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated as a private limited company under the Companies Act, 1956 in the name and style of "Patel Chem Specialities Private Limited" bearing Certificate of Incorporation Number U24100GJ2008PTC054305 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli, dated June 25, 2008. Further, our Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra-Ordinary General Meeting held on July 4, 2024 and the name of our Company changed from "Patel Chem Specialities Private Limited" to "Patel Chem Specialities Limited" and Registrar of Companies, Central Processing Centre issued a new certificate of incorporation consequent upon conversion dated August 29, 2024. As on date of this Red Herring Prospectus, the Corporate Identity Number of our Company is U24100GJ2008PLC054305.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.