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Patel Chem Specialities Ltd

Registered Office: Plot No.272/4-5 Phase II GIDC,Industrial Estate Vatva Road, Ahmedabad - 382445, Gujarat, India.
Phone : +91-97129 99854   Fax:
Email :  cs@patelchem.com  
Website :  www.patelchem.com

Initial public issue of up to 70,00,000 equity shares of Rs. 10/- each ("Eequity Shares") of patel chem specialities limited ("Patel Chem" or "PCSL" or the "Company") for cash at a price of Rs. [*]/- per equity share (the "Issue Price"), aggregating to Rs. [*] crores ("the Issue"). Out of the issue, 3,53,600 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 66,46,400 equity shares of face value of Rs. 10/- each at an issue price of Rs. [*]/- per equity share aggregating to Rs. [*] crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.15 % and 26.72 %, respectively of the post issue paid up equity share capital of the company. Price Band:Rs. 82 to Rs. 84 per equity share of the face value of Rs.10 each. The floor price is 8.2 times of the face value the cap price is 8.4 times of the face value. Bids can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Jul-25 29-Jul-25 82.00-84.00 0.00-0.00
Minimum Application for shares in Nos : 1600   Further Multiples of : 1600
  Rs Cr Lead Managers to the Issue
Project Cost 0.00 Cumulative Capital Pvt Ltd
Project Financed through Current Offer 57.40  
Post Issue Equity Share Capital 24.87  
Issue Price 82.00  

Projects

  • Funding capital expenditure requirement of the company to set up plant at Indrad Mahesana for mfg croscarmellose Sodium ("CCS") Sodium Starch Glycolate ("SSG") com starch base & potato starch base and calcium carboxymethylcellulose (CMC)
  • General corporate purposes

Promoted By

Bhupesh Patel

Anshu Patel

Vini Patel

Listing At

BSE - SME

Registrar to the Issue

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