Patel Chem Specialities IPO
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Schedule of Patel Chem Specialities
| Issue open date | 25 Jul 2025 |
| Issue close date | 29 Jul 2025 |
| UPI mandate deadline | 29 Jul 2025 (5 PM) |
| Allotment finalization | 30 Jul 2025 |
| Refund initiation | 31 Jul 2025 |
| Share credit | 31 Jul 2025 |
| Listing date | 01 Aug 2025 |
| Mandate end date | 14 Aug 2025 |
| Lock-in end date for anchor investors (50%) | 29 Aug 2025 |
| Lock-in end date for anchor investors (remaining) | 28 Oct 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Patel Chem Specialities
Incorporated in 2008, Patel Chem Specialities Limited is a manufacturer of specialty chemicals, focusing on cellulose-based excipients used across pharmaceuticals, food & beverages, cosmetics and various industrial applications as binders, disintegrants, thickeners, stabilizers and gelling agents.
The company operates certified manufacturing facilities in Vatva and Talod, Gujarat, covering 7,000 sq. yards with a capacity of over 7,200 MT annually. Patel Chem adheres to US-DMF, GMP, and ISO 9001:2015 standards.
Exporting to over 15 countries, including the USA, Germany, Japan and Australia, Patel Chem is supported by in-house R&D, quality control, and packaging units to ensure high-quality products and customer satisfaction.
Financials of Patel Chem Specialities
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹55.83 crores |
| Fresh issue | ₹55.83 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding capital expenditure | 43.1 (77.2%) |
| General corporate purposes |
Strengths
- Wide range of product portfolio
- Diversified customer base, served 350+ clients across industries as on Mar 31, 2025
- Facilities are certified with globally recognized standards
- Consistent growth in revenue and profitability
- Diversified export presence, showcasing access to international markets
- Promoter’s expertise in cellulose and starch derivative industry
Risks
- Absence of long-term agreements with suppliers
- Domestic purchases & sales concentrated to few states
- Exports concentration to few countries, top 5 contributing to 63% of export revenue in FY25
- Recent negative cash flows may affect growth and stability
- Highly competitive industry combined with regulatory challenges
- Business dependency on few key industries like pharmaceuticals, food & beverages, and cosmetics