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15 Days Price Change

Patel Chem Specialit IPO

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Profile
Issue Size 42.11 Cr
Profile
Price Range 82  to  84 per share
Profile
Min Investment ₹84
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company operates in the field of specialty chemicals, particularly focusing on the production of cellulose-based excipients. We manufacture a diverse range of products that are critical to various industries, including pharmaceuticals, food & beverages, cosmetics, and numerous industrial applications. These chemicals are fundamental in the formulation of essential products such as tablets, food additives, personal care items, and industrial formulations. Our products play vital roles as binders, disintegrants, thickeners, stabilizers, and gelling agents, each serving a specialized function across multiple sectors. Since inception, our Company manufactures Carboxymethyl Cellulose Sodium (Sodium CMC), Microcrystalline Cellulose (MCC), Carboxymethyl Cellulose Calcium (CMC Calcium), Croscarmellose Sodium (CCS), Sodium Starch Glycollate (SSG), and Sodium Monochloro Acetate (SMCA). With a commitment to quality and innovation, we have successfully established a strong global presence, exporting our products to over 15 countries, including the USA, Germany, UK, Japan, China, Australia, and many more. Our expertise in producing high-quality excipients has enabled us to carve out a niche in the cellulose-based chemicals market, driven by our adherence to international quality standards such as US-DMF, GMP, ISO 9001:2015 etc. Read More

Basic Info

Face Value 10 per share

Price 82  to  84 per share

P/E (x) 13.8

Sales( Cr.) 105

PAT( Cr.) 11

EPS 6.1

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Bhupesh Patel Anshu Patel Vini Patel

Pre Issue Share Holding 95.13%

Post Issue Share Holding 68.36%

Listing Details:

Listing Price: 110

Listing Gain: 23.64%

Current Price: 85.1

Gain On Issue: 85.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 25, 2025
Closing Date Jul 29, 2025
Allotment Jul 30, 2025
Refund Jul 31, 2025
Delivery of Shares Jul 31, 2025
Listing Date Aug 01, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3200 268,800
Retail (Max) -- -- --
S-HNI (Min) 1 3200 268,800
S-HNI (Max) 3 9600 806,400
B-HNI (Min) 4 12800 1,075,200

Objective of the Issue

1. Funding capital expenditure requirement of our company towards To Set up plant at Indrad, Mahesana for manufacturing Croscarmellose Sodium (“CCS”), Sodium Starch Glycolate (“SSG”) – Corn Starch Base & Potato Starch Base and Calcium Carboxymethylcellulose (CMC). 2. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 1329600 139971200 105.3x
NII 1352000 236598400 175x
Retail 2331200 403577600 173.1x
EMP 0 0 0x
Total 5012800 780147200 155.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Patel Chem Specialit Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 60 69 82 105
Other Income 0 0 0 0
Total Income 61 70 83 106
Total Expenditure 56 64 71 90
Operating Profit 5 6 12 16
Interest 1 1 1 1
Depreciation 0 1 1 1
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 4 4 10 14
Provision for Tax 1 1 3 4
Profit After Tax 2 3 8 11
Adjustments 0 0 0 0
Profit After Adjustments 2 3 8 11
Adjusted Earnings Per Share 1.3 1.7 4.5 5.9

Patel Chem Specialit Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 9 12 20 35
Minority's Interest 0 0 0 0
Borrowings 3 5 7 8
Other Non-Current Liabilities 0 0 0 0
Total Current Liabilities 11 19 20 22
Total Liabilities 23 37 47 65
Fixed Assets 10 14 14 14
Other Non-Current Assets 1 0 6 13
Total Current Assets 13 23 27 39
Total Assets 23 37 47 65

Patel Chem Specialit Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 1 0 1
Cash Flow from Operating Activities 2 2 6 2
Cash Flow from Investing Activities -4 -3 -6 -7
Cash Flow from Financing Activities 0 1 0 5
Net Cash Inflow / Outflow -1 -0 0 0
Closing Cash & Cash Equivalent 1 0 1 1

Patel Chem Specialit Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.34 1.7 4.5 5.91
CEPS(Rs) 1.59 2.03 4.89 6.31
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 5.28 6.98 11.49 19.81
Core EBITDA Margin(%) 7.37 7.89 14.17 14.53
EBIT Margin(%) 6.91 7.59 13.79 14.29
Pre Tax Margin(%) 5.81 5.98 12.59 13.41
PAT Margin (%) 3.77 4.16 9.3 10.05
Cash Profit Margin (%) 4.46 4.97 10.1 10.74
ROA(%) 9.72 9.53 18.22 18.82
ROE(%) 25.37 27.68 48.78 38.47
ROCE(%) 24.72 25.97 38.74 35.23
Receivable days 57.8 64.64 67.32 63.38
Inventory Days 9.85 22.13 36.98 38.53
Payable days 35.16 54.2 63.05 45.76
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.14 0.18 0.19 0.31
EV/Core EBITDA(x) 1.82 2.18 1.33 2.04
Net Sales Growth(%) 0 14.73 18.68 27.59
EBIT Growth(%) 0 26.08 115.68 32.18
PAT Growth(%) 0 26.64 165.28 38
EPS Growth(%) 0 26.64 165.28 31.28
Debt/Equity(x) 0.88 0.99 0.79 0.42
Current Ratio(x) 1.14 1.19 1.35 1.78
Quick Ratio(x) 0.99 0.84 0.86 1.22
Interest Cover(x) 6.3 4.71 11.45 16.32
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 28% 21% 0% 0%
Operating Profit CAGR 33% 47% 0% 0%
PAT CAGR 38% 77% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 38% 38% 35% 35%
ROCE Average 35% 33% 31% 31%

Company Contact Information

Patel Chem Specialities Ltd.

Sonalkumari Yadav

91- 9712999854

cs@patelchem.com

Plot No. 272/4-5 Phase I I, G. I. D. C Industrial Estate Vatva Road

IPO Lead Manager(s)

Patel Chem Specialities Ltd.

Cumulative Capital Pvt Ltd

Unistone Capital Pvt Ltd.

Registrar Info

Patel Chem Specialities Ltd.

MUFG Intime India Pvt Ltd.

C 101, 247 Park, LBS Marg, Vikhroli (W), Mumbai (Old Address:) C-13 Pannalal Silk Compound, L B S Marg, Bhandup Mumbai Maharashtra

+91 810 811 8484

91-022-49186060

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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