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Deepak Chemtex IPO is a book build IPO listing on BSE SME exchange. The company is based in Ratnagiri and caters to Chemical sector. Hem Securities is the merchant banker of Deepak Chemtex IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2023.
Deepak Chemtex IPO open date is 29th November 2023 and close date is 1st December 2023. IPO Allotment Date is 6th December 2023 and Listing date is 6th December 2023.Deepak Chemtex IPO size is Rs 23.04 Cr. crores with IPO price of Rs 80.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Deepak Chemtex IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Deepak Chemtex IPO.
Deepak Chemtex IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Meru Investment Fund | 219,200.00 | ₹80.00 | ₹17,536,000.00 |
| Absolute Returns Scheme | 126,400.00 | ₹80.00 | ₹10,112,000.00 |
| FINAVENUE GROWTH FUND | 126,400.00 | ₹80.00 | ₹10,112,000.00 |
| Matterhorn India Fund | 126,400.00 | ₹80.00 | ₹10,112,000.00 |
| Winro Commercial (India) | 219,200.00 | ₹80.00 | ₹17,536,000.00 |
Deepak Chemtex IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Deepak Chemtex IPO, based in Ratnagiri, operates in the Chemical sector with a focus on manufacturing of colorants finding its application in Food, Drug, Cosmetics. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Deepak Chemtex IPO size is ₹ 23.04 Cr. Crores with fresh issue size of Rs 23.04 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Deepak Chemtex IPO is expected to be 6th December 2023, after the finalization of basis of allotment. Investors can check Deepak Chemtex IPO allotment status on the registrars website, Bigshare Services Private Limited. Deepak Chemtex IPO refund dates are 7th December 2023.
Deepak Chemtex IPO is expected to be listed on 6th December 2023.
The upper price band for the Deepak Chemtex IPO is set at ₹ 80.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Deepak Chemtex IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Deepak Chemtex IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st December 2023. After submission, funds are blocked until the basis of allotment of Deepak Chemtex IPO is finalised.
The merchant banker for Deepak Chemtex IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Deepak Chemtex IPO RHP for further details.
The registrar for Deepak Chemtex IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Deepak Chemtex IPO through their official website or helpline.
Deepak Chemtex IPO was subscribed 403.03 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 23.04 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.24 Cr.
Sector: Chemical
SME IPO so far:
40
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Ratnagiri
SME IPO so far:
1
Revenue (annualised):
₹ 43.48 cr.
PE
Ratio:
13.96x
Average Sector PE Ratio: 17.10x
Deepak Chemtex IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Deepak Chemtex Financial Review Page
Merchant Banker(s) of Deepak Chemtex IPO: Hem Securities Limited
Deepak Chemtex IPO subscription was 403.03 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Deepak Chemtex IPO listed at a listing price of 159.60 against the offer price of 80.00.
The current market price of Deepak Chemtex is 119.85.
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