Deepak Chemtex Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,364,800 (47%) | — | ₹1,092 Cr |
| NII (HNI) | — | 411,200 (14%) | — | ₹329 Cr |
| Retail | — | 956,800 (33%) | — | ₹765 Cr |
| Market Maker | — | 147,200 (5%) | — | ₹12 Cr |
| Σ Total | — | 2,880,000 (100%) | — | ₹23,040 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹128,000 |
| Retail (Max) | 13 | 20,800 | ₹1,664,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,792,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,576,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 2,213 | 4,784 | 5,444 |
| Profit After Tax | 311 | 631 | 423 |
| Net Worth | 1,880 | 1,569 | 938 |
| Total Assets | 2,821 | 2,382 | 1,715 |
| Reserves & Surplus | 1,082 | 1,519 | 889 |
| Total Borrowing | 121 | 137 | 199 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure towards the installation of plant & machinery in our existing premises. –
- Investment in its subsidiary DCPL Speciality Chemicals Private Limited for financing its capital expenditure towards the installation of plant and machinery. –
- Funding to meet working capital requirements. –
- General Corporate Purpose. –
Company Overview
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.