Deepak Chemtex Limited-Logo

Deepak Chemtex Limited

DEEPAKCHEM

76-80

per share
Bidding Dates
29-1 Dec
Min. Investment
₹1,21,600.00
Lot Size
1600 shares
Issue Size
₹23.04 Cr
IPO Timeline
Bidding starts
29 Nov ‘23
Bidding ends
01 Dec ‘23
Allotment finalisation*
06 Dec ‘23
Refund initiation*
07 Dec ‘23
Demat transfer
08 Dec ‘23
Listing
06 Dec ‘23
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

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:

Company Name Deepak Chemtex Limited Limited   Deepak Chemtex Limited IPO Opening Date  November 29, 2023
Company Established On 1997   Deepak Chemtex Limited IPO Allotment Status December 6, 2023
Deepak Chemtex Limited IPO Closing Date December 1, 2023   Deepak Chemtex Limited IPO Listing Date December 6, 2023 
Credit of Shares to the Demat Account  December 8, 2023   Deepak Chemtex Limited IPO Lot Size 1600 Shares
Deepak Chemtex Limited IPO Face Value ₹10 per share   Deepak Chemtex Limited IPO to be Listed on BSE
Deepak Chemtex Limited IPO Issue Size  ₹23.04 Cr   Deepak Chemtex Limited IPO Price band  ₹76 to ₹80 per share

 

 

 

 

 

 

 

 

 

IPO analysis

Registrar information
Name
Bigshare Services Pvt Ltd
Phone number
+91-22-6263 8200
Email ID
ipo@bigshareonline.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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