Patel Chem Specialities Limited
Bookbuilding IPO · BSE
- Price band
- ₹82 - ₹84
- Lot size
- 1,600 shares
- Issue amount
- ₹58.8 cr
- Total subscription
- 167.37×
- Opens
- 25 Jul 2025
- Closes
- 29 Jul 2025
- Allotment
- 30 Jul 2025
- Listing
- 1 Aug 2025
Offer at a glance
Issue overview
- Issue size
- 70,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,31,200
- Fresh issue
- ₹58.8 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,34,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,78,70,000
- Shares after issue
- 2,48,70,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,68,800 |
| sHNI | 3 | 4,800 | ₹4,03,200 |
| bHNI | 8 | 12,800 | ₹10,75,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 139 | 11,923 |
| HNIs (3-10L) | 69 | 13,477 |
| RETAIL | 729 | 1,26,124 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 11.17 | 0 |
| RETAIL | 19.58 | 2.12 |
| HNIs 2+ | 2.8 | 0.3 |
| HNIs 10+ | 5.59 | 0 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 6.1 | 4.5 | 1.7 |
| ROE | 29.85 | 39.21 | 24.32 |
| ROCE | 36.26 | 45.06 | 32.83 |
| RONW | 29.85 | 39.21 | 24.32 |
| PRE IPO(PE) | 14.21 | 0 | 0 |
| POST IPO(PE) | 19.77 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Patel Chem Specialities Limited, established in 2008, is involved in the manufacturing and export of pharmaceutical excipients and specialty chemicals. These chemicals are essential in various industries such as pharmaceuticals, food, cosmetics, and industrial applications. They serve important roles like binding, thickening, stabilizing, gelling, and helping tablets break down properly. The company operates from two manufacturing units located in Vatva, Ahmedabad, and Talod, Himmatnagar. These facilities follow strict quality standards and hold certifications like US-DMF and GMP. Covering an area of 7,000 square yards, the facility has a production capacity of over 7,200 metric tons per year. It includes sections for storage, production, research and development, quality control, packaging, and warehousing. Patel Chem has expanded its presence across East Asia, Europe, the Middle East, North America, and Southeast Asia by delivering high-quality products that meet global standards. The company’s main products include Rheollose (used for thickening and stabilizing), Disolwell (a tablet disintegrant), Swellcal (another disintegrant), and AmyloTab (used to help tablets dissolve). As of November 30, 2024, the company has 109 employees.
Strengths
- Wide Industry Coverage – Delivers a variety of products and services to meet the needs of different sectors.
- Strong Leadership Team – Guided by experienced professionals with solid knowledge of the industry.
- International Market Presence – Reaches customers globally, helping grow sales and reduce risk.
Risk factors
- Unstable Raw Material Supply – No long-term supplier deals may cause delays or price changes.
- Connected Party Dealings – Frequent related party transactions may affect financial clarity and governance.
- Limited Sourcing Regions – Relying on few states and one country adds risk during regional issues.
Promoters
Bhupesh Patel
Anshu Patel
Vini Patel
Registrar & documents
Lead manager
Cumulative Capital Private Limited, Unistone Capital Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 272/4-5, Phase II, G.I.D.C Industrial Estate, Vatva Road Ahmedabad, Gujarat, 382445
91- 9712999854
[email protected]Company website ↗Understanding PATELCHEM IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.