Bookbuilding IPO | ₹80 Cr | Listed at BSE SME | Mon, Jul 7, 2025 - Wed, Jul 9, 2025
Chemkart India IPO is a book build issue of ₹80.08 crores. The issue is a combination of fresh issue of 0.26 crore shares aggregating to ₹64.48 crores and offer for sale of 0.06 crore shares aggregating to ₹15.60 crores.
Chemkart India IPO bidding started from Jul 7, 2025 and ended on Jul 9, 2025. The allotment for Chemkart India IPO was finalized on Jul 10, 2025. The shares got listed on BSE SME on Jul 14, 2025.
Chemkart India IPO price band is set at ₹248 per share. The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹2,97,600 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹4,46,400.
Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Alacrity Securities Ltd..
Refer to Chemkart India IPO RHP for detailed Information.
IPO Open
Mon, Jul 7, 2025
IPO Close
Wed, Jul 9, 2025
Issue Price
₹248 per share
Market Cap (Pre-IPO)
₹300.06 Cr
| IPO Date | 7 to 9 Jul, 2025 |
| Listed on | Mon, Jul 14, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹236 to ₹248 |
| Issue Price | ₹248 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 32,29,200 shares (agg. up to ₹80 Cr) |
| Reserved for Market Maker | 1,66,200 shares Alacrity Securities Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 24,33,800 shares (agg. up to ₹60 Cr) |
| Offer for Sale | 6,29,200 shares of ₹10 (agg. up to ₹16 Cr) |
| Net Offered to Public | 30,63,000 shares (agg. up to ₹76 Cr) |
| Share Holding Pre Issue | 94,99,000 shares |
| Share Holding Post Issue | 1,20,99,000 shares |
| BSE Script Code | 544442 |
| ISIN | INE0VWL01017 |
Chemkart India IPO comprises a total issue size of 32,29,200 shares. The net offer to the public is 30,63,000 shares, after excluding 1,66,200 shares allotted on a firm basis. Of the Net offer 15,21,000 (49.66%) are allocated to QIB, 4,63,200 (15.12%) allocated to NII 10,78,800 (35.22%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 15,21,000 | 49.66% | 47.10% |
| − Anchor Investor Shares Offered | 9,11,400 | 28.22% | |
| − QIB (Ex. Anchor) Shares Offered | 6,09,600 | 18.88% | |
| NII (HNI) Shares Offered | 4,63,200 | 15.12% | 14.34% |
| − bNII > ₹10L | 3,08,400 | 9.55% | |
| − sNII < ₹10L | 1,54,800 | 4.79% | |
| Retail Shares Offered | 10,78,800 | 35.22% | 33.41% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,66,200 | 5.15% | |
| Total Shares Offered | 32,29,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹2,97,600 |
| Individual investors (Retail) (Max) | 2 | 1,200 | ₹2,97,600 |
| S-HNI (Min) | 3 | 1,800 | ₹4,46,400 |
| S-HNI (Max) | 6 | 3,600 | ₹8,92,800 |
| B-HNI (Min) | 7 | 4,200 | ₹10,41,600 |
Chemkart India IPO raises ₹22.60 crore from anchor investors. Chemkart India IPO Anchor bid date is July 4, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Jul 4, 2025 |
| Shares Offered | 9,11,400 |
| Anchor Portion (₹ Cr.) | 22.60 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Aug 9, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Oct 8, 2025 |
Incorporated in 2015, Chemkart India Limited is a distributor specializing in high-quality food and health ingredients. The company bridges the gap between global ingredient manufacturers and businesses across various sectors.
The company targets the B2B platform, providing products for manufacturing supplements like sports, health, vitamins, and protein. Focused on variety, affordability, quality, and customer relationships, it enhances supply chain processes.
The company provides grinding, blending, and packaging services at its hygienic facility in Bhiwandi, Mumbai. The 28,259.16 sq. ft. warehouse is equipped for efficient processing, labeling, and sealing of ingredients.
Products Portfolio:
As of March 31, 2025, the company had 40 employees.
Competitive Strengths:
Chemkart India Ltd.'s revenue increased by 55% and profit after tax (PAT) rose by 67% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 86.12 | 53.51 | 37.48 |
| Total Income | 205.46 | 132.83 | 131.69 |
| Profit After Tax | 24.26 | 14.52 | 7.66 |
| EBITDA | 32.76 | 20.91 | 11.05 |
| NET Worth | 53.29 | 29.01 | 14.50 |
| Reserves and Surplus | 43.79 | 27.66 | 13.14 |
| Total Borrowing | 17.03 | 12.55 | 11.33 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Financing the capital expenditure towards setting up of the Manufacturing Facility through investment in the Wholly-Owned Subsidiary (WOS) Company, Easy Raw Materials Private Limited | 34.68 |
| 2 | Repayment/prepayment of all or certain of the borrowings availed of by the Company | 20.00 |
| 3 | General Corporate Purpose | 0.27 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 59% |
| ROCE | 49% |
| Debt/Equity | 0.32 |
| RoNW | 45.52% |
| PAT Margin | 12.00% |
| EBITDA Margin | 16.12% |
| Price to Book Value | 8.12 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 25.54 | 20.05 |
| P/E (x) | 9.71 | 12.37 |
| Promoter Holding | 100% | 73.28% |
| Market Cap | ₹300.06 Cr. |
The Chemkart India IPO is subscribed 5.91 times on July 9, 2025 5:04:33 PM (Day 3). The public issue subscribed 1.63 times in the individual investors category, 13.69 times in the QIB category, and 5.64 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 13.69 | 6,09,600 | 83,47,800 | 0 |
| NII* | 5.64 | 4,63,200 | 26,11,200 | 0 |
| Individual Investors | 1.63 | 10,78,800 | 17,59,200 | 0 |
| Total | 5.91 | 21,51,600 | 1,27,18,200 | 1,975 |
Total Application : 1,975
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees which includes the following: Merchant Banking Fees, Underwriting Fees, Fees payable to Market Maker to the Offer, Fees payable to Registrar to the offer, Fees payable for Advertising and Marketing expenses. | 9.25 |
| 2 | Fees payable to Regulators including stock exchanges and depositories | 0.11 |
| 3 | Payment for Printing and stationery, postages, etc. | 0.01 |
| 4 | Fees payable to Statutory Auditors, Legal Advisors and other professionals | 0.04 |
| 5 | Others, if any (Brokerage, selling, commission, etc.) | 0.12 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹248.00 |
| Open | ₹250.00 |
| Low | ₹250.00 |
| High | ₹262.00 |
| Last Trade | ₹259.45 |
Lead Manager Reports
Chemkart India IPO is a SME IPO of 32,29,200 equity shares of the face value of ₹10 aggregating up to ₹80 Crores. The issue is priced at ₹248 per share. The minimum order quantity is 600.
The IPO opens on Mon, Jul 7, 2025, and closes on Wed, Jul 9, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Chemkart India IPO using UPI as a payment gateway. Zerodha customers can apply in Chemkart India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Chemkart India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Chemkart India IPO opens on Mon, Jul 7, 2025 and closes on Wed, Jul 9, 2025.
Chemkart India IPO lot size is 600, and the minimum amount required for application is ₹2,97,600, with 2 lots being the minimum application size.
You can apply in Chemkart India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Chemkart India IPO will be done on Thursday, July 10, 2025, and the allotted shares will be credited to your demat account by Fri, Jul 11, 2025. Check the Chemkart India IPO allotment status.
The Chemkart India IPO listing date is on Mon, Jul 14, 2025.
