Chemkart India IPO
Open SmeCurrent GMP
₹3 (+1.21%)
Price Band
₹ 236 – 248
Lot Size
600
Issue Size
₹80.08 Cr
Minimum Investment
₹297600 (1200 Shares)
Listing Date
14 July 2025
Subscription
5.99x
About the Company
Incorporated in 2015, Chemkart India Limited is a Mumbai-based B2B distributor specializing in high-quality food and health ingredients. The company acts as a strategic link between global ingredient manufacturers and businesses across diverse sectors, including nutraceuticals, sports nutrition, and wellness.
Core Business and Capabilities
Focused on the B2B segment, Chemkart supplies essential ingredients used in the formulation of dietary supplements—ranging from sports and health supplements to vitamins and proteins. The company emphasizes variety, affordability, quality, and strong client relationships, playing a key role in optimizing the supply chain for its customers.
Chemkart operates a modern processing and warehousing facility in Bhiwandi, Maharashtra, spanning approximately 28,259 sq. ft. The facility supports in-house grinding, blending, labeling, packaging, and sealing services in a hygienic, quality-controlled environment. With annual blending and grinding capacities of 450 metric tons and 540 metric tons respectively, Chemkart delivers tailored ingredient solutions, including specialized amino acids like L-Leucine Instant and L-Histidine.
Product Portfolio
Chemkart’s offerings are organized into seven primary categories:
- Amino Acids: Fundamental protein components crucial for metabolism and biological processes.
- Health Supplements: Formulations enriched with essential nutrients and bioactive compounds for overall well-being.
- Herbal Extracts: Plant-based extracts used for their therapeutic and functional benefits.
- Nucleotides: Bioactive molecules supporting immune function, digestive health, and cellular nutrition.
- Proteins: Key macronutrients for muscle repair, immune response, and bodily functions.
- Sports Nutrition: Performance-focused ingredients that aid in endurance, energy, and recovery.
- Vitamins: Essential micronutrients necessary for numerous physiological activities.
Financial Highlights
For the fiscal year ending March 31, 2024, Chemkart reported operating revenue of INR 132.03 crore, marking a steady rise from INR 131.38 crore in FY23 and INR 86.98 crore in FY22. This translates to a CAGR of 23.20% over the FY22–FY24 period.
Competitive Strengths
- Diversified Product Range across high-demand nutritional categories
- In-House Processing and Warehousing, enabling cost and quality control
- Customer-Centric Value Proposition, fostering long-term client relationships
As of January 31, 2025, Chemkart employed 31 personnel. The company maintains a robust domestic footprint while also serving international markets, reinforcing its position in India's rapidly expanding nutraceutical landscape.
Promoters
- Mr. Ankit Shaileesh Mehta
- Ms. Parul Shaileesh Mehta
- Mr. Shaileesh Vinodrai Mehta
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.31%
Objects of the Issue
The Company Chemkart India IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Financing the capital expenditure towards setting up of the Manufacturing Facility through investment in the Wholly-Owned Subsidiary (WOS) Company, Easy Raw Materials Private Limited
- Repayment/prepayment of all or certain of the borrowings availed of by the Company | 20.00
- General Corporate Purpose
Address / Contact Info
Chemkart India Limited
Office No. 403/404,
4th Floor, K.L. Accolade, 6th Road,
TPS III, Santacruz (East),
Mumbai, Maharashtra, 400055
Phone: +91 9136383828
Email: investors@chemkart.com
Website: https://chemkart.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 07 July 2025
IPO Close Date
Wednesday, 09 July 2025
Basis of Allotment
Thursday, 10 July 2025
Initiation of Refunds
Friday, 11 July 2025
Credit of Shares to Demat
Friday, 11 July 2025
Listing Date
Monday, 14 July 2025 — NSE & BSE
Important Dates
Open Date
07 July 2025
Close Date
09 July 2025
Basis Of Allotment
10 July 2025
Listing Date
14 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 86.12 | 53.51 | 37.48 |
| Revenue | 205.46 | 132.83 | 131.69 |
| Profit After Tax | 24.26 | 14.52 | 7.66 |
| Net Worth | 53.29 | 29.01 | 14.5 |
| Reserve & Surplus | 43.79 | 27.66 | 13.14 |
| Total Borrowings | 17.03 | 12.55 | 11.33 |
EPS Pre
25.54%
EPS Post
20.05%
P/E Pre
9.71
P/E (Post Issue)
12.37x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 0.59 |
| ROCE % | 0.49 |
| Debt / Equity | 0.32 |
| RoNW % | 45.52 |
| PbW | 0 |
| Pat Margin % | 11.94 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 609600 | 0 | 0 |
| Non-Institutional | 463200 | 0 | 0 |
| Retail Investors | 1078800 | 0 | 0 |
| Total | 2151600 | 0 | 0 |
Subscription Status ( Wed, 09 Jul 25 01:37 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 609600 | 8347800 | 13.69x |
| Non-Institutional | 463200 | 2777400 | 6x |
| Retail Investors | 1078800 | 1764000 | 1.64x |
| Total | 2151600 | 12889200 | 5.99x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | 297,600.00 |
| Retail (Max) | 2 | 1,200 | 297,600.00 |
| S-HNI (Min) | 3 | 1,800 | 446,400.00 |
| S-HNI (Max) | 6 | 3,600 | 892,800.00 |
| B-HNI (Min) | 7 | 4,200 | 1,041,600.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Chemkart India IPO is a Book-building IPO worth ₹80.08 crores. The price band is ₹236 to 248 per share. The IPO opens on Mon, Jul 7, 2025 and closes on Wed, Jul 9, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Chemkart India IPO opens on Mon, Jul 7, 2025 and closes on Wed, Jul 9, 2025
Chemkart India IPO Price Band is ₹236 to 248.
Chemkart India IPO lot size is 600, and the minimum amount required for application is ₹297600.
The minimum investment for Chemkart India IPO is approximately ₹297600 based on the upper price band.
To apply for the Chemkart India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Jul 9, 2025. After submission, funds are blocked until the basis of allotment of Chemkart India IPO is finalised.
Chemkart India IPO issue size is ₹80.08 crores.
Chemkart India IPO allotment date is Sat, Jun 27, 2026.
The registrar for Chemkart India IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Chemkart India IPO through their official website or helpline.
The Chemkart India IPO GMP (Grey Market Premium) is ₹3 as of Mon, Jul 14, 2025. Based on the upper price band of ₹248 per share, the estimated Chemkart India IPO listing price is ₹251, indicating a potential listing gain of approximately 31% over the issue price.