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Chemspec Chemicals IPO
Chemspec Chemicals Pvt Ltd.
Chemspec Chemicals IPO Details
Chemspec Chemicals is a leading manufacturer in the FMCG industry. It produces intermediates for pharmaceutical combinations for antihypertensive drugs. Recently the company filed a draft red herring prospectus to gain an investment of INR 700 crores.
The company is one of the top suppliers of essential components in skincare vitamins, sunscreens, anti-ageing creams, antibacterial soaps, and handwashes. Currently, the company's manufacturing unit in Taloja, Maharashtra, has a production capacity of 9280 TPS.
The Chemspec Chemicals IPO involved in critical additives manufacturing consists entirely of an offer for sale. The OFS contains the sale of equity shares of its promoters, i.e. INR 233 crores of Bhaichand Amoluk consultancy services, INR 233 crores of Mitul Vora, and INR 233 crores of Rushabh Vora.
Chemspec Chemicals Strenghts
1. It is a global brand having long-term relationships with extensive customers and distributors.
2. The company has consistently engaged in R&D for future product developments.
It has a diversified portfolio comprising essential components for skin and hair care and medical APIs.
3. The production units are endorsed and audited by US FDA, making it one of the most trustworthy corporations.
4. The company's market penetration has been in more than 40 countries in North America, the APAC region, and Europe over the past 3 years.
5. It is India's largest manufacturer and one of the best three worldwide producers of UV filters.
Chemspec Chemicals Weakness
1. The end products of the company are the victims of low market demand.
2. The presence of a manufacturing unit in only one region raises the stakes in the event of unit failure or malfunction. The sudden surge of incidents like the COVID-19 outbreak may lead to delayed manufacturing and losses.
3. Fluctuating performance at the whims of the market; operations can be impacted by sudden regulations.
Chemspec Chemicals Revenue & Profit
+3.26 | +0.05 |
+5.97 | +0.60 |
+5.06 | +0.81 |
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8
6
4
2
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Chemspec Chemicals IPO Dates
| Open Date | To be announced |
| Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation of Refunds | To be announced |
| Credit of Shares | To be announced |
| Listing Date | To be announced |
Chemspec Chemicals IPO Lot Size
| Lot Size | Minimum Value |
| Maximum Value | To be announced |
Seize the Opportunity! Apply for Chemspec Chemicals IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
Chemspec Chemicals IPO Subscription Breakup
| QIBs | To be announced |
| Institutional Investors | To be announced |
| Retail | To be announced |
How to Apply for Chemspec Chemicals IPO?
Step 1
First, you need to visit the IPO section in our Choice FinX app.
Step 2
Then, click on the 'More' option to view the Invest in IPO section.
Step 3
Open the Chemspec Chemicals IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on apply button.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Chemspec Chemicals IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.