Patel Chem Specialities Limited IPO
Patel Chem Specialities is coming up with its SME IPO to be listed on BSE NSE tentatively on 30th July, 2025, in order to raise around ₹58.80 crore through their fresh issue. Patel Chem Specialities IPO will be opening for subscription on 25th July, 2025 and the IPO will close by 29th July, 2025. The issue comprises 70 Lakh fresh equity shares with the price band set at ₹82 to ₹84 per share. The minimum lot size for any applicant is 1,600 and retail investors need to apply for a minimum of 3,200 shares, amounting up to ₹2,62,400 while HNIs need to apply for a minimum of 4,800 shares which totals up to ₹4,03,200.
Company Background
Patel Chem Specialities Limited is the growing manufacturer of high-quality pharmaceutical excipients as well as speciality chemicals, it caters to food, cosmetics, pharmaceuticals and various other industrial sectors. With an international footprint spread across regions like the Middle East, North America, Southeast Asia, Europe and East Asia, the company offers products like Rheollose, Disolwell, Blowtab, Swellcal, Hindcel, Pharlub, AmyloTab and Sodium Chloro Acetate.
Operations and Product Range
Facility and Production
Patel Chem was incorporated in the year 2008 in Gujarat, and specialises in manufacturing of pharmaceutical products like Sodium Starch Glycolate (SSG), Croscarmellose sodium (CCS), Sodium CMC, pregelatinised starch, Calcium CMC, Magnesium stearate and also producing key API intermediate Sodium Monochloroacetate. The corporation is well-established in India and globally across the Middle East, Asian and US region.
Brand and Market Presence
With improving margins, high-revenue and a diversified customer base the company is aiming for its growth in the speciality chemical segments with products that act like binders, gelling agents, disintegrants, thickeners as well as stabilizers. In 2025 the company reported exports of its pharmaceutical excipients to more than 15 countries. The company’s presence is backed by its diversified clientele of more than 350 clients across multiple industries.
Revenue Channels
Patel Chem registers a revenue of ₹105.55 crore in FY 2025 with an increase from ₹82.72 crore in FY 2024, reflecting a 28% growth in topline, the company gains most of its revenue through -
- • Export of products to various companies such as Japan, USA, Germany and South Korea with most of its exports revenue coming from Egypt.
- • The company caters to clients from various industrial sectors such as textiles, rubber, paint, construction, etc. creating a diversified revenue base.
- • Its Pharmaceutical excipients are the key area of focus that helps in generating most part of the company’s revenue.
Their multi-dimensional approach in order to raise revenue gives the company a strong presence in the market as well as diminishes risk of dependency on a single line of revenue generation.
Management & Shareholding
Promoters & Shareholding
The promoters of Patel Chem Specialities IPO are Bhupesh Patel, Anshu Patel and Vini Patel who hold significant equity in the Pre-IPO stage and intend to maintain their majority control post-listing. The lead manager and registrar for the IPO are -
- 1. Book running lead manager - Cumulative Capital Pvt. Limited
- 2. Designated market maker - Globalworth Securities Limited
- 3. Registrar to the issue - MUFG Intime India Pvt. Limited
Board Members
The board members of Patel Chem Specialities Limited, as of 2025 are, Bhupesh Vahalabhai Patel (Managing Director), Anshu Bhupesh Patel (Whole-time Director), Vini Bhupesh Patel (Director) and Himani Vatsal Shah (Director). Their managerial expertise helps in overseeing the company’s operations and strategic functions.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Patel Chem Specialities Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Patel Chem Specialities Limited IPO Details
| Detail | Description |
|---|---|
| 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) |
| 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 Limited IPO Timeline
| Detail | Description |
|---|---|
| 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 Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200.00 | ₹2,68,800 |
| Individual investors (Retail) (Max) | 2 | 3,200.00 | ₹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 Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 95.13% |
| Share Holding Post Issue | 69.78% |
Competitive Strength:
- 1. The company has a diversified product portfolio that acts as binders, gelling agents, disintegrants, thickeners, etc. to a vast client base.
- 2. Patel Chem has a global market presence with its export extending to countries like US, Egypt, Japan and Germany, etc.
- 3. The corporation works in a robust manufacturing facility of 7000 square yards with a capacity of 7,200 metric tons.
- 4. It has a loyal customer base of more than 350 clients that belong to various countries as recorded in FY25.
Patel Chem Specialities Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 65.31 | 105.55 | 10.57 | 35.4 | 14.85 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 46.97 | 83 | 8 | 20 | 15.46 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 37.08 | 69.75 | 2.89 | 11.87 | 11.79 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.91 | 4.25 |
| P/E (x) | 14.21 | 20 |
The Objective of Patel Chem Specialities Limited IPO
The proceeds generated from the Patel Chem Specialities IPO will be utilised to generate capital to fund the working requirements of the company and to provide capital for general corporate purposes.
Conclusion
Patel Chem Specialities Limited IPO provides investors a chance to take part in a fast-growing and specialized chemicals manufacturing company that has a global footprint. The firm has a strong focus on the quality, diversification across industrial applications and pharma, it has plans for capacity expansion and creates a promising investment profile.
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Frequently asked Questions (FAQs )
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1. What is the issue size and price of the Patel Chem Specialities Limited IPO?
Patel Chem Specialities is launching its IPO of ₹58.80 crore with the price band set at ₹82 to ₹84 per share.
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2. What is the opening date for the Patel Chem Specialities Limited IPO?
Patel Chem Specialities IPO will be opening for subscription on 25th July,2025 and the IPO will close by 29th July, 2025.
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3. What is the minimum investment required by retail investors?
Retail investors need to apply for a minimum of 3,200 shares, amounting up to ₹2,62,400.
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4. Who are the promoters of Patel Chem Specialities Limited IPO?
The promoters of Patel Chem Specialities IPO are Bhupesh Patel, Anshu Patel and Vini Patel.
