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Patel Chem Specialities: Patel Chem Specialities shares get listed at 31% premium!

News by Aliceblue News Desk

01 Aug 2025

Patel Chem Specialities: Patel Chem Specialities shares get listed at 31% premium!

Patel Chem Specialities shares debuted at ₹110 on the BSE SME on August 1, reflecting a 31% premium over the ₹84 issue price. The IPO ran from July 25 to 29, 2025, with allotment finalized on July 30.

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Patel Chem Specialities IPO details

Patel Chem Specialities IPO was subscribed 167.32 times by July 29, 2025. Retail investors subscribed 173.03 times, QIBs 105.27 times, and NIIs led with 236.62 times, indicating high demand across all investor categories on the final day.

About Patel Chem Specialities

Patel Chem Specialities Ltd., founded in 2008, manufactures pharmaceutical excipients and specialty chemicals for diverse industries. With certified facilities in Gujarat, it produces 7,200 MT annually and exports to East Asia, Europe, North America, and other global markets.

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Patel Chem Specialities IPO objective

The objective of Patel Chem Specialities’ IPO is to raise ₹58.80 crore through a fresh issue of 70 lakh equity shares, aimed at funding business expansion, working capital needs, and general corporate purposes to support future growth and operations. 

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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