Yasons Chemex Care IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Jul 26, 2023Let’s have a detailed review of the company and analytics of the Yasons Chemex Care IPO release date, IPO offer price, subscription, Yasons Chemex Care Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 40 |
| Listing At | BSE, NSE |
| Min. Order Quantity | 3000 Shares |
| Listing Date | 3 August 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 2,057 Lakh |
| IPO Size | Rs 2,057 Lakh |
| Tick Size | 1 |
Yasons Chemex Care IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Yasons Chemex Care Share Price |
Yasons Chemex Care IPO – Summary
Their Company is in the business of manufacturing a) dyes and pigment paste; and b) FMCG products. Within dyes, they believe that they manufacture a wide range of dyes such as reactive dyes, direct dyes, basic dyes, vat dyes and food colorants.
The dyes manufactured by their Company can be broadly classified under the following type (a) natural dyes, (b) synthetic dyes, and (c) synthetic organic dyes.
The Promoter of this company is Mr Manish Kumar Dabkara. The lead manager of the issue is FEDEX SECURITIES PRIVATE LIMITED, and the Registrar of this issue is KARVY FINTECH LIMITED.
Yasons Chemex Care IPO Date
The opening and closing dates of Yasons Chemex Care IPO are 24 July 2023 and 26 July 2023 respectively.
Yasons Chemex Care IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 24th Jul | 0.76x | 3.41x | 2.09x |
| 2nd Day – 25th Jul | 4.96x | 17.54x | 11.25x |
| 3rd Day – 26th Jul | 47.71x | 68.76x | 59.60x |
| Shares Offered or Net Issue | 2,436,000 | 2,436,000 | 5,142,000 |
The shares subscribed by the public will be updated here.
Yasons Chemex Care IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Yasons Chemex Care Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | 31 July 2023 |
| Refunds Initiation | 1 August 2023 |
| Credit of Shares to Demat Account | 2 August 2023 |
| Share Listing Date | 3 August 2023 |
Yasons Chemex Care IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.40
Yasons Chemex Care IPO Equity Size
This Initial Public Issue of 5,142,000 Equity Shares of Rs.10 each for cash at a price of Rs.40 per equity share aggregating to Rs.2,057 Lakh.
Yasons Chemex Care IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 5,142,000 Equity Shares of Rs.10/ each.
Issue Size: 5,142,000 Equity Shares of Rs.10 each, aggregating to Rs.2,057 Lakh
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Yasons Chemex Care IPO – Live Performance
The listing date of this IPO is 3 August 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Yasons Chemex Care Share Price |
Yasons Chemex Care IPO Grey Market Premium
The Yasons Chemex Care Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Yasons Chemex Care IPO – Company Overview
Within FMCG they manufacture or package products such as hair oil, perfumes & deodorant, handmade soap, sanitiser, etc., under their own brand name “PLXO”.
They also trade in dyes, pigment and pigment paste, which is primarily for meeting customer requirements. Some of their customers require a range of dyes or pigment paste besides the products they manufacture and sell. In these cases, they purchase the products, which are not manufactured by them and cater to the entire requirements of their customers.
With their wide range of products, they offer color solutions directly or indirectly (trader) for various industries like textile, paper, paints, inks, soap, plastic, wood, detergents and FMCG.
Yasons Chemex Care IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 31-Mar-23 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 2,758.59 | 2,779.28 | 2,558.26 | 2,058.07 |
| *Total Revenue | 4,100.64 | 2,617.01 | 1,804.79 | 1,961.55 |
| Total Expense | 3,678.85 | 2,365.89 | 1,623.17 | 1,803.82 |
| Profit After Tax | 343.16 | 195.41 | 125.35 | 115.51 |
Earnings per Equity Share (in Lakh)
| 31-Mar-23 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 2.42 | 1.38 | 0.89 | 0.82 |
Further, their PAT for the period ended on Mar 31, 2023, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 343.16 Lakh, Rs. 195.41 Lakh, Rs. 125.35 Lakh and Rs. 115.51 Lakh respectively.
Yasons Chemex Care IPO – Promoters
The Promoter of this company is:
- YASH CHEMEX LIMITED
List of Related Parties (Key Managerial Personnel)
- PRITESH YASHWANTLAL SHAH, Managing Director cum Chairman
- DIMPLE PRITESHKUMAR SHAH, Wholetime Director
- ANGEE RAJENDRA KUMAR SHAH, Non-Executive Independent Director
- SMIT KUMARPAL SHAH, Non-Executive Independent Director
- VINOD KUMAR, Non-Executive Independent Director
Yasons Chemex Care IPO – Promoters Holding
- Pre-Issue Share Holding – 70.16%
- Post-Issue Share Holding – %
Yasons Chemex Care IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 5,142,000 Equity Shares aggregating up to Rs.2,057 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 2,70,000 Equity Shares aggregating up to Rs. 108.00 Lakh |
| Net Issue to the Public | Up to 48,72,000 Equity Shares aggregating up to Rs.1948.80 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 24,36,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 24,36,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 1,41,61,920 Equity Shares |
| Equity Shares outstanding after the Issue | 1,93,03,920 Equity Shares |
Yasons Chemex Care IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
- Meeting incremental working capital requirements; and
- General corporate purposes
Yasons Chemex Care IPO – Business Strategy
- Reduction of Operational costs
- Widening of customer base
- Increase product offerings
Yasons Chemex Care IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Focus on Quality & Innovation
- Experienced Director
- Locational Advantage
- Diverse product offerings
- Well-established relationship with clients
- Supported and promoted by their holding company, Yash Chemex Limited (YCL)
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-23 | 2.42 | 16.56% | 14.63 |
| 31-Mar-22 | 1.38 | 11.30% | 12.21 |
| Mar-21 | 0.89 | 8.18% | 10.82 |
Yasons Chemex Care IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | NAV Per Share (Rs.) | |
| Yasons Chemex Care Limited | 10 | 16.51 | 2.42 | 16.56% | 14.63 |
| Listed Peers | |||||
| Mahickra Chemicals Limited | 10 | 22.77 | 4.04 | 10.10% | 40.00 |
| Meghmani Organics Ltd | 1 | 8.92 | 9.35 | 14.24% | 65.64 |
| Kiri Industries Limited | 10 | 13.11 | 20.67 | 4.00% | 516.90 |
Yasons Chemex Care IPO Lead Managers
| Lead Managers |
| FEDEX SECURITIES PRIVATE LIMITED B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East], Mumbai – 400 057, Maharashtra, India Tel No.: +91 81049 85249 E-mail: mb@fedsec.in Website: www.fedsec.in Contact Person: Saipan Sanghvi SEBI Registration Number: INM000010163 Investor Grievance E-Mail: mb@fedsec.in |
Yasons Chemex Care IPO Registrar to offer
| Registrar to the Offer |
| KARVY FINTECH LIMITED (Formerly KFin Technologies Private Limited) Selenium Tower B Plot 31-32 Gachibowli Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana- 500032. Tel No.: +91 40 6716 2222/18003094001 Fax No.: +91 40 2343 1551 Email: yasons.ipo@kfintech.com Investor Grievance id: einward.ris@kfintech.com Website: www.kfintech.com Contact Person: M.Murali Krishna SEBI Registration No.: INR000000221 |
Yasons Chemex Care IPO – Other Details
- Statutory Auditor – M/s. H S K & Co. LLP, Chartered Accountants
- Legal Counsel to the Company – M. V. KINI
- Bankers to the Company – AXIS BANK
Yasons Chemex Care IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Yasons Chemex Care Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Yasons Chemex Care IPO Review FAQs
Check out various FAQs related to Yasons Chemex Care IPO:
What is the Issue Size of Yasons Chemex Care IPO?
The Company is making an initial public offer of 5,142,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Yasons Chemex Care IPO?
The price band for this particular IPO ranges between Rs 40. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Yasons Chemex IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on 24 July 2023, while the closing date is set for 26 July 2023.
What is the Yasons Chemex IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on 31 July 2023, refund initiation is on 1 August 2023, credit of shares is on 2 August 2023, and share listing date is on 3 August 2023.
What is the Yasons Chemex IPO Listing Date?
Shares of this company shall be listed in the exchanges on 3 August 2023. The date, when the listing would be done, is stagnant on 3 August 2023.
Who is the Registrar of Yasons Chemex IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. KARVY FINTECH LIMITED. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Yasons Chemex IPO?
Here are the promoters of this IPO – YASH CHEMEX LIMITED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Yasons Chemex IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Yasons Chemex IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Yasons Chemex Care Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 195.41, 2021 is 125.35, and 2020 is 115.51. PAT from Mar 2023 is 343.16.
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