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 Date | Jul 24, 2023 |
IPO Closing Date | Jul 26, 2023 |
Issue Type | Fixed Price Issue FPO |
Face Value | ₹10 per equity share |
IPO Price | ₹40 per equity share |
Market Lot | 3000 Shares |
Min Order Quantity | 3000 Shares |
Listing At | NSE 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 Date | Jul 24, 2023 |
IPO Close Date | Jul 26, 2023 |
Basis of Allotment Date | Jul 31, 2023 |
Initiation of Refunds | Aug 01, 2023 |
Credit of Shares to Demat Account | Aug 02, 2023 |
IPO Listing Date | Aug 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).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 3000 | ₹120000 |
Maximum | 1 | 3000 | ₹120000 |
IPO Promoter Holding
Pre Issue Share Holding | 70.16% |
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:
- Meeting incremental working capital requirements
- 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