Patel Chem Specialities IPO is a book building of ₹58.80 crores. The issue is entirely a fresh issue of 70.00 lakh shares.
Patel Chem Specialities IPO opens for subscription on July 25, 2025 and closes on July 29, 2025. The allotment for the Patel Chem Specialities IPO is expected to be finalized on Wednesday, July 30, 2025. Patel Chem Specialities IPO will be list on BSE SME with a tentative listing date fixed as Friday, August 1, 2025.
Patel Chem Specialities IPO price band is set at ₹82 to ₹84 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,62,400 (3,200 shares). The minimum lot size investment for HNI is 3 lots (4,800 shares) amounting to ₹4,03,200.
Cumulative Capital Private Limited is the book-running lead manager of the Patel Chem Specialities IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.The market maker for Patel Chem Specialities IPO is Globalworth Securities Limited.
Refer to Patel Chem Specialities IPO RHP for detailed information.
Patel Chem Specialities IPO Details
| IPO Date | July 25, 2025 to July 29, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹82 to ₹84 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 70,00,000 shares (aggregating up to ₹58.80 Cr) |
| Reserved for Market Maker | 3,53,600 shares (aggregating up to ₹2.97 Cr)Globalworth Securities Limited |
| Net Offered to Public | 66,46,400 shares (aggregating up to ₹55.83 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,78,70,000 shares |
| Share Holding Post Issue | 2,48,70,000 shares |
Patel Chem Specialities IPO Reservation
Patel Chem Specialities IPO offers total 70,00,000 shares. Out of which 33,16,800 (47.38%) allocated to QIB, 13,29,600 (18.99%) allocated to QIB, 9,98,400 (14.26%) allocated to NII, 23,31,200 (33.30%) allocated to RII and 19,87,200 (28.39%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 23,31,200 (33.30%) |
| Total Shares Offered | 70,00,000 (100.00%) |
Patel Chem Specialities IPO Anchor Investors Details
Patel Chem Specialities IPO raises ₹16.69 crore from anchor investors. Patel Chem Specialities IPO Anchor bid date is July 24, 2025.
| Bid Date | July 24, 2025 |
| Shares Offered | 19,87,200 |
| Anchor Portion Size (In Cr.) | 16.69 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 29, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 28, 2025 |
Patel Chem Specialities IPO Timeline (Tentative Schedule)
Patel Chem Specialities IPO opens on July 25, 2025, and closes on July 29, 2025.
| IPO Open Date | Fri, Jul 25, 2025 |
| IPO Close Date | Tue, Jul 29, 2025 |
| Tentative Allotment | Wed, Jul 30, 2025 |
| Initiation of Refunds | Thu, Jul 31, 2025 |
| Credit of Shares to Demat | Thu, Jul 31, 2025 |
| Tentative Listing Date | Fri, Aug 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 29, 2025 |
Patel Chem Specialities IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,68,800 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,68,800 |
| S-HNI (Min) | 3 | 4,800 | ₹4,03,200 |
| S-HNI (Max) | 7 | 11,200 | ₹9,40,800 |
| B-HNI (Min) | 8 | 12,800 | ₹10,75,200 |
Patel Chem Specialities IPO Promoter Holding
Bhupesh Patel, Anshu Patel, and Vini Patel are the promoters of the company.
| Share Holding Pre Issue | 95.13% |
| Share Holding Post Issue | 69.78% |
About Patel Chem Specialities Ltd.
Incorporated in 2008, Patel Chem Specialities Limited (PCSL) is engaged in the manufacturing and exporting pharmaceutical excipients and specialty chemicals.
The company manufactures various essential chemicals used in pharmaceuticals, food, cosmetics, and industrial applications, serving as binders, disintegrants, thickeners, stabilizers, and gelling agents across industries.
The company’s manufacturing facilities in Vatva, Ahmedabad, and Talod, Himmatnagar, follow strict quality control standards, ensuring bulk production of chemicals that meet international certifications like US-DMF and GMP.
The company’s manufacturing facility covers 7,000 square yards, with a capacity of over 7,200 MT annually for pharmaceutical excipients, featuring departments for storage, production, R&D, quality control, packaging, and warehousing.
The company has expanded globally, serving East Asia, Europe, the Middle East, North America, and Southeast Asia, delivering high-quality products that meet international standards to lead the chemical industry.
Product Portfolio:
- Rheollose® (Sodium Carboxymethyl Cellulose): A cellulose gum used as a thickening and stabilizing agent in various applications.
- Disolwell® (Croscarmellose Sodium): A super disintegrant used in oral pharmaceutical formulations to enhance tablet disintegration.
- Swellcal® (Calcium Carboxymethyl Cellulose): Used as a super disintegrant in pharmaceutical applications.
- AmyloTab™ (Pregelatinized Starch): Used in tablet formulations to aid in the disintegration and dissolution processes.
As of March 31, 2025, the company has a total strength of 136 employees.
Company Financials
Patel Chem Specialities Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 65.31 | 46.97 | 37.08 |
| Revenue | 105.55 | 82.72 | 69.75 |
| Profit After Tax | 10.57 | 7.66 | 2.89 |
| EBITDA | 15.80 | 12.02 | 5.83 |
| Net Worth | 35.40 | 19.52 | 11.87 |
| Reserves and Surplus | 17.53 | 18.52 | 10.87 |
| Total Borrowing | 14.85 | 15.46 | 11.79 |
| Amount in ₹ Crore | |||
Key Performance Indicator (KPI)
The market capitalization of Patel Chem Specialities IPO is ₹208.91 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 29.85% |
| ROCE | 36.26% |
| Debt/Equity | 0.42 |
| RoNW | 24.32% |
| PAT Margin | 10.01% |
| EBITDA Margin | 14.97% |
| Price to Book Value | 4.11 |
Check Patel Chem Specialities IPO Peer Comparison here.
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.91 | 4.25 |
| P/E (x) | 14.21 | 19.77 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 that is available in RHP.