Patel Chem Specialities IPO
GMP, Subscription, Price, Dates & Financial Details
Chemicals
Incorporated: 2008 Headquarters: Gujarat, India Industry: Specialty Chemicals and Pharmaceutical Excipients Employees (as of March 31, 2025): 136Patel Chem Specialities Limited (PCSL) is a specialty chemicals manufacturer with a focus on cellulose-based pharmaceutical excipients. The company serves…
Open Date
Fri, 25 Jul 2025
Close Date
Tue, 29 Jul 2025
Price Band
₹ 82 – 84
Lot Size
1600
Issue Size
₹ 58.80 Cr
Minimum Investment
₹ 268,800 (3200 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
Patel Chem Specialities 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 ₹58.80 Crore, comprising a fresh issue of 70.00 Lakh equity shares aggregating to ₹58.80 Crore.
The Patel Chem Specialities IPO remained open for subscription from July 25, 2025, to July 29, 2025. The basis of allotment was finalized on July 30, 2025, and the company's shares were listed on BSE SME Platform on August 01, 2025.
The company had fixed the price band at ₹82 to ₹84 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹268,800 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Cumulative Capital Private Limited, and Unistone Capital Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Patel Chem Specialities 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.
Patel Chem Specialities IPO Timeline (Tentative)
- IPO Open Date
- Fri, 25 Jul 25
- IPO Close Date
- Tue, 29 Jul 25
- Basis of Allotment
- Wed, 30 Jul 25
- Initiation of Refunds
- Thu, 31 Jul 25
- Credit of Shares to Demat
- Thu, 31 Jul 25
- Listing Date
- Fri, 01 Aug 25 — NSE & BSE
Open Date
25 July 2025
Close Date
29 July 2025
Basis Of Allotment
30 July 2025
Listing Date
01 August 2025
IPO Subscription
Check Live Subscription →The Patel Chem Specialities IPO has received bids for 78,01,66,400 shares against 50,12,800 shares offered, resulting in an overall subscription of 155.63x. the NII category is subscribed 175x, Retail Investors 173.13x, and QIBs 105.27x.
QIB
105.27x
NII
175x
RII
173.13x
Total
155.63x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 23,31,200 shares, representing 46.5% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 13,29,600 shares (26.52%), while Non-Institutional Investors (NIIs) receive 13,52,000 shares (26.98%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,329,600 | 26.52% |
| Non-Institutional | 1,352,000 | 26.98% |
| BNII | 665,600 | 13.28% |
| SNII | 332,800 | 6.64% |
| Retail Investors | 2,331,200 | 46.5% |
| Total | 5,012,800 | 100% |
Financials Details(₹ 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 |
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.
Patel Chem Specialities Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025 |
|---|---|
| ROE % | 29.85 |
| ROCE % | 36.26 |
| Debt / Equity | 0.42 |
| RoNW % | 24.32 |
| Pat Margin % | 10.01 |
Peers Comparison
No Peer Comparision Available
About Patel Chem Specialities Limited
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.
Patel Chem Specialities IPO Promoters
- Bhupesh Patel
- Anshu Patel
- Vini Patel
Promoters Holding
Holding Pre Issue
95.13%
Holding Post Issue
69.78%
Patel Chem Specialities IPO Objective
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
Patel Chem Specialities Limited Address / Contact Details
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
Patel Chem Specialities IPO Lot Size
The Patel Chem Specialities IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,68,800 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,68,800.
| 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 |
Issue Reservation
- QIB — 26.52%
- NII — 26.98%
- RII — 46.5%
Book Running Lead Managers
- Cumulative Capital Private Limited
- Unistone Capital Pvt Ltd
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 Patel Chem Specialities IPO?
Patel Chem Specialities IPO is a Book-building IPO with a total issue size of ₹58.8 crore. The Patel Chem Specialities IPO price band is ₹82 to 84 per share. The Patel Chem Specialities IPO subscription opens on Fri, Jul 25, 2025, and closes on Tue, Jul 29, 2025. The Patel Chem Specialities IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Patel Chem Specialities IPO.
When will the Patel Chem Specialities IPO open for subscription?
The Patel Chem Specialities IPO opens on Fri, Jul 25, 2025 and closes on Tue, Jul 29, 2025
What is Patel Chem Specialities IPO Price Band?
Patel Chem Specialities IPO Price Band is ₹82 to 84 per share.
What is Patel Chem Specialities IPO Lot Size?
Patel Chem Specialities IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹268800 based on the upper price band
What is the minimum investment for Patel Chem Specialities IPO?
The minimum investment for Patel Chem Specialities IPO is ₹268800, based on one lot of 1600 shares at the upper price band of ₹84 per share.
How to apply for Patel Chem Specialities IPO?
Investors can apply for the Patel Chem Specialities 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 Tue, Jul 29, 2025. The application amount remains blocked until the Patel Chem Specialities IPO allotment is finalized.
What is Patel Chem Specialities IPO Issue Size?
Patel Chem Specialities IPO issue size is ₹58.8 crores.
What is the Patel Chem Specialities IPO Allotment Date?
Patel Chem Specialities IPO allotment date is Wed, Jul 30, 2025.
Who is the Patel Chem Specialities IPO Registrar?
The registrar for Patel Chem Specialities IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Patel Chem Specialities IPO allotment status, refund processing, and other IPO-related information.
What is the Patel Chem Specialities IPO GMP?
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 32.14% over the issue price.
Who is the Patel Chem Specialities IPO Lead Manager?
The book-running lead managers (BRLMs) for the Patel Chem Specialities IPO are Cumulative Capital Private Limited, and Unistone Capital Pvt Ltd. 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 Patel Chem Specialities IPO Red Herring Prospectus (RHP).