Patel Chem Specialities IPO
Open SmeCurrent GMP
₹27 (+32.14%)
Price Band
₹ 82 – 84
Lot Size
1600
Issue Size
₹58.8 Cr
Minimum Investment
₹268800 (3200 Shares)
Listing Date
01 August 2025
Subscription
155.63x
About the Company
Incorporated: 2008
Headquarters: Gujarat, India
Industry: Specialty Chemicals and Pharmaceutical Excipients
Employees (as of March 31, 2025): 136
Patel Chem Specialities Limited (PCSL) is a specialty chemicals manufacturer with a focus on cellulose-based pharmaceutical excipients. The company serves multiple industries including pharmaceuticals, food & beverages, cosmetics, and industrial applications, offering products that act as binders, disintegrants, thickeners, stabilizers, and gelling agents.
Product Portfolio (Brand Names)
- Rheollose® – Sodium Carboxymethyl Cellulose (Sodium CMC)
- Hindcel® – Microcrystalline Cellulose (MCC)
- BlowTab® C/P – Sodium Starch Glycollate (SSG) (corn and potato-based variants)
- Disolwell® – Croscarmellose Sodium (CCS)
- Swellcal® – Carboxymethyl Cellulose Calcium (Calcium CMC)
- SMCA – Sodium Monochloro Acetate
- AmyloTab™ – Pregelatinized Starch
Manufacturing & Quality
- Locations: Vatva (Ahmedabad) and Talod (Himmatnagar), Gujarat
- Facility Area: 7,000 square yards
- Annual Capacity: Over 7,200 metric tons
- Certifications: US-DMF, GMP, ISO 9001:2015
- Facilities include storage, production, R&D, quality control, packaging, and warehousing units.
Market Presence
- PCSL has established a strong global footprint, exporting to over 15 countries, including the USA, UK, Germany, Japan, China, and Australia.
- Serves markets in East Asia, Europe, the Middle East, North America, and Southeast Asia.
Promoters
- Bhupesh Patel
- Anshu Patel
- Vini Patel
Promoters Holding
Holding Pre Issue
95.13%
Holding Post Issue
69.78%
Objects of the Issue
The Company Patel Chem IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure requirement of the Company
- General corporate purposes
Address / Contact Info
Patel Chem Specialities Ltd.
Plot No. 272/4-5,
Phase II, G.I.D.C Industrial Estate,
Vatva Road
Ahmedabad, Gujarat, 382445
Phone: 91- 9712999854
Email: cs@patelchem.com
Website: http://www.patelchem.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 25 July 2025
IPO Close Date
Tuesday, 29 July 2025
Basis of Allotment
Wednesday, 30 July 2025
Initiation of Refunds
Thursday, 31 July 2025
Credit of Shares to Demat
Thursday, 31 July 2025
Listing Date
Friday, 01 August 2025 — NSE & BSE
Important Dates
Open Date
25 July 2025
Close Date
29 July 2025
Basis Of Allotment
30 July 2025
Listing Date
01 August 2025
Financial Performance (₹ in Crores)
| Particular | 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 |
| Net Worth | 35.4 | 19.52 | 11.87 |
| Reserve & Surplus | 17.53 | 18.52 | 10.87 |
| Total Borrowings | 14.85 | 15.46 | 11.79 |
EPS Pre
5.91%
EPS Post
4.25%
P/E Pre
14.21
P/E (Post Issue)
19.77x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025 |
|---|---|
| ROE % | 29.85 |
| ROCE % | 36.26 |
| Debt / Equity | 0.42 |
| RoNW % | 24.32 |
| PbW | 0 |
| Pat Margin % | 10.01 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1329600 | 26.52 | 0 |
| Non-Institutional | 1352000 | 26.98 | 0 |
| BNII | 665600 | 13.28 | 0 |
| SNII | 332800 | 6.64 | 0 |
| Retail Investors | 2331200 | 46.5 | 0 |
| Total | 5012800 | 100 | 0 |
Subscription Status ( Tue, 29 Jul 25 01:31 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1329600 | 139971200 | 105.27x |
| Non-Institutional | 1352000 | 236598400 | 175x |
| Retail Investors | 2331200 | 403596800 | 173.13x |
| Total | 5012800 | 780166400 | 155.63x |
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 | 3,200 | 268,800.00 |
| Retail (Max) | 2 | 3,200 | 268,800.00 |
| S-HNI (Min) | 3 | 4,800 | 403,200.00 |
| S-HNI (Max) | 7 | 11,200 | 940,800.00 |
| B-HNI (Min) | 8 | 12,800 | 1,075,200.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Cumulative Capital Private Limited
- Unistone Capital Pvt Ltd
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.
Patel Chem Specialities IPO is a Book-building IPO worth ₹58.8 crores. The price band is ₹82 to 84 per share. The IPO opens on Fri, Jul 25, 2025 and closes on Tue, Jul 29, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Patel Chem Specialities IPO opens on Fri, Jul 25, 2025 and closes on Tue, Jul 29, 2025
Patel Chem Specialities IPO Price Band is ₹82 to 84.
Patel Chem Specialities IPO lot size is 1600, and the minimum amount required for application is ₹268800.
The minimum investment for Patel Chem Specialities IPO is approximately ₹268800 based on the upper price band.
To apply for the Patel Chem Specialities 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 Tue, Jul 29, 2025. After submission, funds are blocked until the basis of allotment of Patel Chem Specialities IPO is finalised.
Patel Chem Specialities IPO issue size is ₹58.8 crores.
Patel Chem Specialities IPO allotment date is Sat, Jun 27, 2026.
The registrar for Patel Chem Specialities IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Patel Chem Specialities IPO through their official website or helpline.
The Patel Chem Specialities IPO GMP (Grey Market Premium) is ₹27 as of Fri, Aug 1, 2025. Based on the upper price band of ₹84 per share, the estimated Patel Chem Specialities IPO listing price is ₹111, indicating a potential listing gain of approximately 31% over the issue price.