IPO Details

Bidding Dates

24 Jul '23 - 26 Jul '23

Minimum Investment

₹120,000 / 1 Lots ( 3000 Shares )

Price Range

₹40

Maximum Investment

₹120,000 / 1 Lots ( 3000 Shares )

Retail Discount

Not Applicable

Issue Size

₹20.57 Cr

Investor category and sub category

Non-Institutional Buyers  |   Retail Investors  |  

Yasons Chemex Care IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Jul 24, 2023

IPO Closing Date

Jul 26, 2023

Basis of Allotment

Jul 31, 2023

Initiation of Refunds

Aug 1, 2023

Credit of Shares to Demat Account

Aug 2, 2023

IPO Listing Date

Aug 3, 2023

UPI Mandatory Expiry Date

Jul 26, 2023

Yasons Chemex - IPO Subscription Details

DateNIIRetailTotal

Day 1Jul 24, 2023

 0.76 3.41 2.09

Day 2Jul 25, 2023

 1.39 7.31 4.35

IPO Subscription Status Live

Investor Category Subscription (Times)
Non-Institutional Buyers 1.39
Retail Investors 7.31
Total 4.35

About Company

Yasons Chemex Care was incorporated on October 17, 2017, in Ahmedabad, India. The primary objective of the company is to manufacture dyes, pigment paste and FMCG products. The FMCG products include hair oil, perfumes, deodorants, etc. and are packaged under the brand name PLXO. They also offer colour solutions to several industries like paper, wood, detergent, textiles, etc. 

Yasons Chemex Care Limited IPO Details

Yasons Chemex Care is a 100% fresh IPO worth ₹20.57 crore. The issue comprises 51,42,000 shares and is priced at ₹40 per share. Retail investors can bid for the Yasons Chemex Care Limited IPO, which will open on July 24, 2023. Yasons Chemex Care Limited’s IPO will list on the NSE exchange on August 3, 2023.

Yasons Chemex Care Limited IPO Objectives 

The objectives of Yasons Chemex Care Limited's IPO are listed below:

  • To fund the working capital requirements of our company
  • To meet the general corporate purposes.

Noteworthy Highlights of Yasons Chemex Care Ltd

  • Yasons Chemex Care Ltd has two manufacturing units in Gujarat, India. 
  • Yasons Chemex Care is a subsidiary of the BSE-listed company Yash Chemex Limited. The company is also a partner in Rishit Polysurf LLP with a 99% share in profits.

Peer Details

Yasons Chemex Care does not have any listed peers in the market that works on the same line of business.

Company Financials

Particulars Period ending on March 31, 2023 ( ₹ in lakh) Period ending on March 31, 2022 ( ₹ in lakh) Period ending on March 31, 2021 ( ₹ in lakh)
Total Revenue 4,100.64 2,617.01 1,804.79
Profit After Tax (PAT) 343.16 195.41 125.35
Net Worth 2,072.04 1,728.57 1,532.94
Earnings Per Share 2.42 1.38 0.89
Total Borrowings 346.40 281.40 269.04

Know before investing

Strengths

2

  1. The total revenue of the company increased highly from ₹1,804.79 on March 31, 2021, to ₹4,100.64 on March 31, 2023.

  2. The company has its profit after tax raised more than 50% from ₹125.35 on March 31, 2021, to ₹343.16 on March 31, 2023.

Risks

2

  1. The company doesn't hold any long-term contracts with any of its clients/customers and typically operates based on purchase orders.

  2. There are certain outstanding legal proceedings related to tax, on the company, its promoters and its directors.

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More About Yasons Chemex Care Ltd IPO

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Yasons Chemex Care Ltd IPO FAQs

What is Yasons Chemex Care Limited's IPO?

The Yasons Chemex Care Ltd IPO contains 100% fresh IPO worth ₹20.57 crore. The issue comprises 51,42,000 shares and is priced at ₹40 per share. The IPO will open on July 24, 2023.  

When will Yasons Chemex Care Limited's IPO be allotted?

The Basis of Allotment will happen on Monday, July 31, 2023.

When will Yasons Chemex Care Limited's IPO open for subscription?

The IPO subscription window will open on July 24 2023.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot, which consists of 3,000 shares.

When will Yasons Chemex Care Limited list on exchanges?

Yasons Chemex Care Ltd IPO will list on the NSE exchange on Thursday, August 3, 2023.

How do I check the allotment status of the Yasons Chemex Care Limited IPO?

 Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Validate with an OTP
  • Enter your application number, DP ID, and PAN number into the app
  • Click on ‘Submit’

What would be the listing gains on the Yasons Chemex Care Limited IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is Thursday, August 3, 2023, for Yasons Chemex Care Ltd. 

I have finished the application process for the Yasons Chemex Care Limited IPO, but the funds still need to be debited. What is the reason?

The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you. 

How do I approve the UPI mandate request for Yasons Chemex Care Limited's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Yasons Chemex Care Limited using one PAN?

You can submit only one application using your PAN card.