Chemkart India IPO
GMP, Subscription, Price, Dates & Financial Details
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,…
Open Date
Mon, 07 Jul 2025
Close Date
Wed, 09 Jul 2025
Price Band
₹ 236 – 248
Lot Size
600
Issue Size
₹ 80.08 Cr
Minimum Investment
₹ 297,600 (1200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Chemkart India IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹80.08 Crore, comprising a fresh issue of 24.34 Lakh equity shares aggregating to ₹60.36 Crore and an offer for sale (OFS) of 6.29 Lakh equity shares aggregating to ₹15.60 Crore by the existing shareholders.
The Chemkart India IPO remained open for subscription from July 07, 2025, to July 09, 2025. The basis of allotment was finalized on July 10, 2025, and the company's shares were listed on BSE SME Platform on July 14, 2025.
The company had fixed the price band at ₹236 to ₹248 per share, with a lot size of 600 shares. Retail investors were required to make a minimum investment of ₹297,600 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Smart Horizon Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Chemkart India Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Chemkart India IPO Timeline (Tentative)
- IPO Open Date
- Mon, 07 Jul 25
- IPO Close Date
- Wed, 09 Jul 25
- Basis of Allotment
- Thu, 10 Jul 25
- Initiation of Refunds
- Fri, 11 Jul 25
- Credit of Shares to Demat
- Fri, 11 Jul 25
- Listing Date
- Mon, 14 Jul 25 — NSE & BSE
Open Date
07 July 2025
Close Date
09 July 2025
Basis Of Allotment
10 July 2025
Listing Date
14 July 2025
IPO Subscription
Check Live Subscription →The Chemkart India IPO has received bids for 1,28,89,200 shares against 21,51,600 shares offered, resulting in an overall subscription of 5.99x. the NII category is subscribed 6x, Retail Investors 1.64x, and QIBs 13.69x.
QIB
13.69x
NII
6x
RII
1.64x
Total
5.99x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 10,78,800 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 6,09,600 shares (0%), while Non-Institutional Investors (NIIs) receive 4,63,200 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 609,600 | 0% |
| Non-Institutional | 463,200 | 0% |
| Retail Investors | 1,078,800 | 0% |
| Total | 2,151,600 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Chemkart India Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 0.59 |
| ROCE % | 0.49 |
| Debt / Equity | 0.32 |
| RoNW % | 45.52 |
| Pat Margin % | 11.94 |
Peers Comparison
No Peer Comparision Available
About Chemkart India Limited
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.
Chemkart India IPO 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%
Chemkart India IPO Objective
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
Chemkart India Limited Address / Contact Details
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
Chemkart India IPO Lot Size
The Chemkart India IPO has a lot size of 600 shares. Retail investors require a minimum investment of ₹2,97,600 by applying for 2 lot (1,200 shares). The maximum application allowed for the retail category is 2 lots (1,200 shares), requiring an investment of ₹2,97,600.
| 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 |
Issue Reservation
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Chemkart India IPO?
Chemkart India IPO is a Book-building IPO with a total issue size of ₹80.08 crore. The Chemkart India IPO price band is ₹236 to 248 per share. The Chemkart India IPO subscription opens on Mon, Jul 7, 2025, and closes on Wed, Jul 9, 2025. The Chemkart India IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Chemkart India IPO.
When will the Chemkart India IPO open for subscription?
The Chemkart India IPO opens on Mon, Jul 7, 2025 and closes on Wed, Jul 9, 2025
What is Chemkart India IPO Price Band?
Chemkart India IPO Price Band is ₹236 to 248 per share.
What is Chemkart India IPO Lot Size?
Chemkart India IPO lot size is 600 shares, Retail investors need a minimum investment of ₹297600 based on the upper price band
What is the minimum investment for Chemkart India IPO?
The minimum investment for Chemkart India IPO is ₹297600, based on one lot of 600 shares at the upper price band of ₹248 per share.
How to apply for Chemkart India IPO?
Investors can apply for the Chemkart India IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jul 9, 2025. The application amount remains blocked until the Chemkart India IPO allotment is finalized.
What is Chemkart India IPO Issue Size?
Chemkart India IPO issue size is ₹80.08 crores.
What is the Chemkart India IPO Allotment Date?
Chemkart India IPO allotment date is Thu, Jul 10, 2025.
Who is the Chemkart India IPO Registrar?
The registrar for Chemkart India IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Chemkart India IPO allotment status, refund processing, and other IPO-related information.
What is the Chemkart India IPO GMP?
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 1.21% over the issue price.
Who is the Chemkart India IPO Lead Manager?
The book-running lead managers (BRLMs) for the Chemkart India IPO are Smart Horizon Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Chemkart India IPO Red Herring Prospectus (RHP).