About Deepak Chemtex Limited
Incorporated in 1997,Deepak Chemtex Limited is primarily engaged in the business of manufacturing of colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture and other industries. Colorants are formulations of chemical intermediates, pigments or dyes and additives used to add colour to various consumables. Over the years evolved into manufacturing of a complete range of FD&C (Food, Drug and Cosmetic) colours used in the confectionary, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products. They also manufacture salt free dyes used in inkjet industry, pond dyes used in in ponds, lakes, swimming pools etc and other colorants used in car wash products, portable sanitation cleaners, detergent & soap, fuel, oil & lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes etc.
They manufacture colorants from unwanted salts and isomers. The quality framework at their organisation comprises quality checks focused on shade testing, heavy metals detection, microbiological contamination tests and particle size analysis done by their inhouse team.
With the growing environmental concerns they have developed the Effluent Treatment Plant and carry out a series of treatments to check the COD, BOD, TDS and PH levels of the effluent before they discharge the same to the Common Effluent Treatment Plant. theyare exporting to countries like: China, France, Kenya, Mexico, Europe, Japan, Australia, United Kingdom, United States Of America etc. they have successfully expanded their commercialised product portfolio from around 50 products
Deepak Chemtex limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives
1. Funding capital expenditure towards installation of plant & machinery in our existing premises.
2. Investment in our subsidiary DCPL Speciality Chemicals Private Limited for financing its capital expenditure towards installation of plant and machinery.
3. Funding to meet working capital requirements
4. General Corporate Purpose.
Here are key details about the Deepak Chemtex Limited IPO: