Patel Chem Specialities IPO GMP, Price, Allotment & Listing Details 2025

Get the latest update on Patel Chem Specialities IPO GMP, price band, opening & closing dates, allotment status, and expected listing. Know the company profile, financials & peer comparison.

1. Introduction

The IPO market in India continues to witness strong momentum, especially in the SME segment. One such IPO drawing investor interest is the Patel Chem Specialities IPO. With strong fundamentals, a global presence, and positive grey market sentiment, the Patel Chem Specialities IPO GMP is trending upward. Let’s explore the key details.

2. About the Company

Patel Chem Specialities Ltd was established in 2008 and is a leading manufacturer and exporter of pharmaceutical excipients and specialty chemicals. The company supplies products that serve as binders, disintegrants, stabilisers, thickeners, and gelling agents—used across pharmaceutical, food, cosmetic, and industrial sectors. Its wide product range and certified manufacturing standards have earned it a global footprint.

3. Patel Chem Specialities IPO Details

Patel Chem Specialities IPO falls under the SME IPO category and is a book-built issue of ₹58.80 Crores, consisting of a fresh issue of 70 lakh equity shares.

  • IPO Opening Date: July 25, 2025

  • IPO Closing Date: July 29, 2025

  • IPO Size: ₹58.80 Crores

  • Fresh Issue: 70,00,000 equity shares

  • Issue Type: Book-Building Issue

  • Face Value: ₹10 per share

  • Listing Platform: BSE SME

  • Expected Listing Date: August 1, 2025 (Friday)

The company operates through two advanced manufacturing units in Vatva (Ahmedabad) and Talod (Himmatnagar). These facilities span over 7,000 square yards, boasting a 7,200 MT annual capacity, and are equipped with modern technology, supported by US-DMF and GMP certifications.

Key Products:

  • Rheollose® – Sodium Carboxymethyl Cellulose (thickener & stabiliser)

  • Disolwell® – Croscarmellose Sodium (super disintegrant for oral dosage)

  • Swellcal® – Calcium Carboxymethyl Cellulose (pharma excipient)

  • AmyloTab™ – Pregelatinized Starch (enhances tablet dissolution)

Export Markets: The company serves clients across East Asia, Europe, Southeast Asia, North America, and the Middle East.

4. Objects of the IPO

The IPO proceeds will be used for:

  • Establishing a new manufacturing unit

  • Funding working capital needs

  • General corporate purposes

  • Covering IPO expenses

5. Business Model & Product Portfolio

The company’s business model centers on the B2B segment. It supplies tailored specialty chemicals to distributors and industries globally. Focused on quality, innovation, and on-time delivery, Patel Chem is known for its R&D-backed product development and regulatory compliance.

6. Financial Performance (Last 3 Years)

Financial Year

Revenue (₹ Cr)

Net Profit (₹ Cr)

FY 2021-22

20.45

1.31

FY 2022-23

27.63

2.02

FY 2023-24

36.21

3.55

The company has demonstrated consistent growth in revenue and profitability over the last three years.

7. IPO Grey Market Premium (GMP) & Listing Estimate

As of July 29, 2025, the Patel Chem Specialities IPO GMP is around ₹40–₹45, indicating a premium of 40–45% over the issue price. If the current trend continues, the IPO may list around ₹140–₹145, reflecting strong investor demand and confidence in the company.

8. Valuation & Peer Comparison

Based on FY24 earnings, the implied P/E ratio is around 14.08x, which appears reasonable in comparison to other specialty chemical companies.

Company

P/E Ratio

Patel Chem Specialities

14.08x

Yasho Industries

22x

Neogen Chemicals

30x+

9. Strengths of the Company

  • Diversified and niche product portfolio

  • Certified manufacturing facilities (GMP, US-DMF)

  • Strong export presence

  • Consistent revenue and profit growth

  • R&D and innovation-driven approach

10. Weaknesses / Risk Factors

  • High dependence on raw material prices

  • Competitive industry landscape

  • Limited liquidity as an SME stock

  • Regulatory risks related to chemical manufacturing

11. IPO Schedule: Date, Allotment & Listing

  • IPO Opening Date: July 25, 2025

  • IPO Closing Date: July 29, 2025

  • Basis of Allotment: July 30, 2025

  • Refund Initiation: July 31, 2025

  • Demat Credit: August 1, 2025

  • Listing Date: August 1, 2025 (Tentative)

12. Lot Size & Investment Limits

  • Lot Size: 1200 shares

  • Minimum Investment (Retail): ₹1,20,000

  • Maximum Investment (Retail): ₹2,40,000 (for 2 lots)

13. IPO Reservation for Retail, QIB & HNI

  • Retail Investors: 50%

  • Non-Institutional Investors (HNI): 50%

  • QIB: Not applicable (SME IPO)

14. Promoters & Shareholding Pattern

The promoters of the company are:

  • Mr. Hitesh Patel

  • Mrs. Kinjal Patel

Post-IPO, the promoters will retain a majority stake, ensuring continuity and control over business decisions.

15. FAQs about the IPO

Q1. What is the Patel Chem Specialities IPO GMP today?
As of July 29, 2025, the GMP is ₹40–₹45.

Q2. Is Patel Chem Specialities Ltd a profitable company?
Yes, it has reported steady profit growth over the last three years.

Q3. When will Patel Chem Specialities IPO list?
The expected listing date is August 1, 2025.

Q4. What is the lot size and minimum retail investment?
One lot = 1200 shares; minimum retail investment is ₹1,20,000.

Q5. Where will the Patel Chem IPO be listed?
The shares will be listed on the BSE SME platform.

16. Conclusion – Should You Invest?

Patel Chem Specialities IPO offers a compelling opportunity for investors seeking exposure in the specialty chemical and pharma excipients space. With a strong Patel Chem Specialities IPO GMP, robust financials, a reputable export base, and certified manufacturing capabilities, the IPO has potential for listing gains. However, since it is an SME IPO, investors should consider liquidity risks. Ideal for those with a high-risk appetite and a medium-to-long-term horizon.



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