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Yasons Chemex Care Limited IPO Detail

Yasons Chemex Care Limited IPO Detail

Incorporated in 2017, Yasons Chemex Care Limited is engaged in the manufacturing business. They manufacture dyes and pigment paste, and FMCG products.

In the dyes segment, they manufacture a wide variety of dyes such as basic dyes, reactive dyes, food colorants, direct dyes, and vat dyes. They offer multiple shades of dyes. Further, dye manufacturing can be broadly classified under the following types-

  • Natural dyes
  • Synthetic dyes
  • Synthetic organic dyes

The other business segment of Yasons Chemex Care Limited is engaged in is manufacturing pigment paste from various chemicals. The FMCG products manufactured or packaged by the company include hair oil, perfumes, deodorant, handmade soap, sanitizer, etc. These are marketed under their own brand name "PLXO".

Yasons Chemex Care also trades in both dyes, pigment, and pigment paste in order to meet customer requirements.

The color solutions offered by the company are then directly or indirectly applied by various industries like textile, paper, paints, inks, soap, plastic, wood, detergents and FMCG.

The Company has two manufacturing facilities situated in the state of Gujarat. They manufacture dyes and pigment paste at our manufacturing facility situated at A-1/329, Phase-II, G.I.D.C, Vatva, Ahmedabad, having an installed capacity of 650 MTPA per annum.

Further, the Company manufactures FMCG products at the second manufacturing facility situated at 22, Shreeji Krupa Estate, Tajpur Road, Changodar.

Company Promoters

IPO Details

IPO Opening DateJul 24, 2023
IPO Closing DateJul 26, 2023
Issue TypeFixed Price Issue FPO
Face Value₹10 per equity share
IPO Price ₹40 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtNSE SME
Issue Size₹20.57 Cr
Fresh Issue₹20.57 Cr
Offer for Sale-
Retail Portion -

IPO Subscription (Bidding Detail)

AS On QIB SHNI BHNI NII RII TOTAL
Day 1 - - 0.76x 3.41x 2.08x
Day 2 - - 4.94x 17.33x 11.14x
Day 3 - - 47.71x 68.76x 59.60x

IPO Tentative Timetable

The Yasons Chemex Care Limited IPO open date is Jul 24, 2023, and the close date is Jul 26, 2023. The issue may list on Aug 03, 2023.

IPO Open DateJul 24, 2023
IPO Close DateJul 26, 2023
Basis of Allotment DateJul 31, 2023
Initiation of RefundsAug 01, 2023
Credit of Shares to Demat AccountAug 02, 2023
IPO Listing DateAug 03, 2023

IPO Lot Size

The Yasons Chemex Care Limited IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120000).

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹120000
Maximum13000₹120000

IPO Promoter Holding

Pre Issue Share Holding70.16%
Post Issue Share Holding

Company Financials:

For the year/period ended (₹ in Lakhs)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-21 2558.26 1804.79 125.35
31-Mar-22 2779.28 2617.01 195.41
31-Mar-23 2758.59 4100.64 343.16

Objects of the Issue:

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Meeting incremental working capital requirements
  2. General corporate purposes

Yasons Chemex Care Limited IPO Registrar:

KFin Technologies Limited

Yasons Chemex Care Limited IPO Lead Manager(s):

Fedex Securities Pvt Ltd

Company Contact Information:

Yasons Chemex Care Limited

4th floor, 412 Sigma Icon-1, 132ft Ring Road,

Opp. Medilink Hospital, Satellite,

Ahmedabad - 380015