Patel Chem Specialities Ltd, a well-known company in the business of chemicals, has opened its IPO on July 25, 2025 for the subscription. The IPO will close on July 29, 2025 with the allotment date given July 30, 2025.
The investor has shown their keen interest and the IPO is subscribed to 1.63 times.
The company is a well-known player in the specialty chemicals and has launched a ₹59 crore IPO.
If you are an investor and are planning to participate, hereunder are the details you must know beforehand:
Key Details
• Issue Opens: July 25, 2025
• Issue Closes: July 29, 2025
• Allotment Date: July 30, 2025
• Price Band: ₹82 to ₹84 per share
• Minimum Investment: ₹2,68,800
• Quantity in one Lot: 1600
• Issue Size: ₹59 crore
Consolidated Bid Details
Total Subscription: 1.63x
Retail Individual Investors (RIIs): 3.48x
Non-Institutional Investors: 3.27x
Qualified Institutional Buyers (QIBs): 0.01x
About the Company
Patel Chem Specialities Ltd is a Gujarat based company mainly into the business of specialty chemicals, particularly on cellulose-based excipients. These chemicals are used in tablets, food additive, personal care, and industrial formulations.
The company manufactures a diverse range of products critical for various industries including cosmetics, industrial applications, pharmaceuticals, and food & beverages.
(Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to read the prospectus carefully and consult their financial advisor before making any investment decisions.)
Also Read: Why Did Investors Rush for TSC India ₹26 Crore IPO: What’s Behind This Travel Company?
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
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