PATEL CHEM SPECIALITIES LIMITED

25 Jul 2025 - 29 Jul 2025 Individual Category SME BSE

Min Investment

₹268800

Price Band

₹82-₹84

Issue Size

50.13 lakhs
Equity Shares

Lot Size

1600 (per lot)

IPO Dates
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25 Jul 2025

Open Date

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29 Jul 2025

Close Date

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30 Jul 2025

Allotment Date

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01 Aug 2025

Listing Date

Patel Chem Specialities Ltd book-built IPO is a 100% fresh issue of 50.13 lakh shares. Bidding runs from July 25 to 29, 2025, with allotment expected on July 30 and a tentative BSE SME listing on August 1. Priced at Rs 84 per share, the lot size is 1,600 shares. Meanwhile, retail investors must apply for at least two lots (3,200 shares, Rs 2,62,400) and HNIs for three lots (4,800 shares, Rs 4,03,200). Cumulative Capital Private Limited is the book‑running lead manager, MUFG Intime India Pvt. Ltd. the registrar, and Globalworth Securities Limited is the market maker.

Know Before Investing

Strengths icon

  • In-house backward integration lowers third-party dependency.
  • Exports supported by REACH and FDA-compliant operations.
  • Added capacity with a new 5000 MT plant to scale production.

Weaknesses icon

  • Over 50% revenue comes from top three clients.
  • Capital-heavy expansion cycle impacts free cash flow.
  • BSE SME listing may result in low liquidity and price swings.

About Patel Chem Specialities Limited

Patel Chem Specialities Limited is an SME operating in the speciality chemicals sector, producing intermediates and formulations for agrochemical, pharmaceutical, and polymer industries. Based in Ankleshwar, Gujarat, it operates two multi‑product plants with a combined annual capacity of 15,000 MT. The company exports to over 20 countries and maintains stringent quality controls and environmental compliance. In FY 2023‑24, Patel Chem reported revenues of Rs210 crore and EBITDA of Rs24 crore, underlining robust operational margins. With strategic focus on backwards integration, export growth, and new product development, the company aims to strengthen its market position and deliver sustainable growth.

Founded

2008

Managing Director

Bhupesh Pate

Parent Organization

-

IPO Objectives

Patel Chem Specialities will allocate the net IPO proceeds primarily to fund its capital expenditure requirements, with approximately Rs 431.48 million earmarked for expansion and modernisation projects. The remaining funds will support general corporate purposes, providing strategic flexibility to pursue growth opportunities and strengthen the company’s overall financial position.

Company Promoters

Bhupesh Patel

Anshu Patel

Vini Patel

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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