IPO IPO-Synopsis
Patel Chem Specialities Ltd

Back

Registered Office: Plot No.272/4-5 Phase II GIDC,Industrial Estate Vatva Road , Ahmedabad - 382445 , Gujarat , India.
Phone : +91-97129 99854   Fax:
Email :  cs@patelchem.com  
Website :  www.patelchem.com
Initial public issue of up to 70,00,000 equity shares of Rs10/- each ("Eequity Shares") of patel chem specialities limited ("Patel Chem" or "PCSL" or the "Company") for cash at a price of Rs84/- per equity share (the "Issue Price"), aggregating to Rs58.80 crores ("the Issue"). Out of the issue, 3,53,600 equity shares aggregating to Rs2.97 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 66,46,400 equity shares of face value of Rs10/- each at an issue price of Rs[*]/- per equity share aggregating to Rs55.83 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.15 % and 26.72 %, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Jul-25 29-Jul-25 Rs84.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 51.55
Cumulative Capital Pvt Ltd
Project Financed through Current Offer 58.80  
Post Issue Equity Share Capital 24.87  
Issue Price Rs84.00  
Projects
Funding capital expenditure requirement of the company to set up plant at Indrad Mahesana for mfg croscarmellose Sodium ("CCS") Sodium Starch Glycolate ("SSG") com starch base & potato starch base and calcium carboxymethylcellulose (CMC)General corporate purposes
Promoted By
Bhupesh Patel
Anshu Patel
Vini Patel
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd