247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Satol Chemicals Limited

Mumbai

Date of DRHP : 24 Jan 2025

Issue Type : Fixed Price Issue

IPO Type :
SME IPO

Satol Chemicals Basic Details

   Chemical

Sub Sector: Manufacturer specializing in eco-friendly specialty chemicals, delivering high-quality, effective, and safe cleaning solutions.

Exchange:
BSE Emerge

About the Company

Satol Chemicals is an ISO 9000:2015 and GMP-certified manufacturer specializing in eco-friendly specialty chemicals, delivering high-quality, effective, and safe cleaning solutions. Their industrial range includes alkaline and acidic cleaners, lubricants, descalers, foam cleaners, defoamer, antiscalants and disinfectants. Additionally, their house-keeping products encompass bathroom and floor cleaners, shampoos, detergent powders, fabric softeners, glass cleaners, grill cleaners, and room fresheners. In the drug and cosmetic segment, they offer premium hand washes, hand sanitizers, germicidal cleaners, and disinfectant floor cleaners, ensuring top-tier quality and safety across all their product lines. The company is proud to offer an extensive range of products catering to a broad spectrum of industries, from Industrial sectors such as Breweries, Beverages, Dairy, and Food Processing to Poultry, Fisheries and Water Treatment. They also serve the Institutional Cleaning sector, with a particular focus on Commercial Laundry, Facility Management, Hotels, and Healthcare. Their solutions extend further into Retail, Education, Government institutions, and the Food Services industry, ensuring that each segment receives tailored products designed to meet its unique operational needs. Mr. Bhavesh Thakarshibhai Parsana, their Promoter and Managing Director, laid the foundation of Satol Chemicals in 2006 as a proprietorship concern in Parwanoo, Himachal Pradesh. Ten years later, in 2016, he closed the first Satol Chemical unit and established a second facility, Satol Chemicals Unit-II, in the same area but on a separate premises. To adopt a corporate structure, Satol Chemicals Private Limited was incorporated in the year 2020. Subsequently, in 2023, the second facility, Satol Chemicals Unit-II, was also closed and all revenue operations transitioned to the Company.

Financial Summary (Annualised Basis)

Revenue :
59.24 Cr.

PAT :
6.22 Cr.

Satol Chemicals IPO Lead Manager(s)

Finshore Management Services Limited

Satol Chemicals IPO Registrar

KFin Technologies Limited

Satol Chemicals DRHP Details

Objects of issue

  • Part Funding of Capital Expenditure towards setting up new manufacturing facility
  • General Corporate Purposes

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FAQs

Satol Chemicals operates in Chemical and Manufacturer specializing in eco-friendly specialty chemicals, delivering high-quality, effective, and safe cleaning solutions.. The Issue would be listed on SME. The registrar of the Issue is KFin Technologies Limited. The IPO type of Satol Chemicals is Fixed Price Issue and Object of issue is

  • Part Funding of Capital Expenditure towards setting up new manufacturing facility
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of Satol Chemicals IPO was filed on 24 Jan 2025.

No, Satol Chemicals IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Satol Chemicals are not available now. You can apply in Satol Chemicals IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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