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Yasons Chemex Care IPO is a fixed price issue of ₹20.57 crores. The issue is entirely a fresh issue of 0.51 crore shares of ₹20.57 crore.
Yasons Chemex Care IPO bidding started from Jul 24, 2023 and ended on Jul 26, 2023. The allotment for Yasons Chemex Care IPO was finalized on Jul 31, 2023. The shares got listed on NSE SME on Aug 3, 2023.
Yasons Chemex Care IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Fedex Securities Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Nikunj Stock Brokers Ltd..
Refer to Yasons Chemex Care IPO RHP for detailed Information.
| IPO Date | July 24, 2023 to July 26, 2023 |
| Listing Date | August 3, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 51,42,000 shares (aggregating up to ₹20.57 Cr) |
| Reserved for Market Maker | 2,70,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹1.08 Cr) |
| Net Offered to Public | 48,72,000 shares (aggregating up to ₹19.49 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,41,61,920 shares |
| Share Holding Post Issue | 1,93,03,920 shares |
Yasons Chemex Care IPO offers total 51,42,000 shares. Out of which 24,36,000 (47.37%) allocated to NII, 24,36,000 (47.37%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,70,000 (5.25%) |
| NII (HNI) Shares Offered | 24,36,000 (47.37%) |
| Retail Shares Offered | 24,36,000 (47.37%) |
| Total Shares Offered | 51,42,000 (100.00%) |
Yasons Chemex Care IPO opens on July 24, 2023, and closes on July 26, 2023.
| IPO Open Date | Mon, Jul 24, 2023 |
| IPO Close Date | Wed, Jul 26, 2023 |
| Tentative Allotment | Mon, Jul 31, 2023 |
| Initiation of Refunds | Tue, Aug 1, 2023 |
| Credit of Shares to Demat | Wed, Aug 2, 2023 |
| Tentative Listing Date | Thu, Aug 3, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jul 26, 2023 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2017, Yasons Chemex Care Limited is engaged in the manufacturing business. They manufacture dyes and pigment paste, and FMCG products.
In the dyes segment, they manufacture a wide variety of dyes such as basic dyes, reactive dyes, food colorants, direct dyes, and vat dyes. They offer multiple shades of dyes. Further, the dye manufacturing undertaken by the company can be broadly classified under the following types-
The other business segments of Yasons Chemex Care Limited are manufacturing pigment paste from various chemicals and FMCG products manufacturing or packaging. The FMCG products include hair oil, perfumes, deodorant, handmade soap, sanitizer, etc.
The products of Yasons Chemex Care Limited are marketed under their brand name "PLXO".
Yasons Chemex Care also trades in dyes, pigment, and pigment paste in order to meet customer requirements.
The products manufactured by the company are directly or indirectly applied by various industries like textile, paper, paints, inks, soap, plastic, wood, detergents and FMCG.
The Company has two manufacturing facilities situated in the state of Gujarat. They manufacture dyes and pigment paste at our manufacturing facility situated at A-1/329, Phase-II, G.I.D.C, Vatva, Ahmedabad, having an installed capacity of 650 MTPA per annum.
Further, the Company manufactures FMCG products at the second manufacturing facility situated at 22, Shreeji Krupa Estate, Tajpur Road, Changodar.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 2,058.07 | 1,961.55 | 115.51 | 1,407.14 | 46.16 |
| 31-Mar-21 | 2,558.26 | 1,804.79 | 125.35 | 1,532.94 | 269.04 |
| 31-Mar-22 | 2,779.28 | 2,617.01 | 195.41 | 1,728.57 | 281.40 |
| 31-Mar-23 | 2,758.59 | 4,100.64 | 343.16 | 2,072.04 | 346.40 |
| Amount in ₹ Lakhs | |||||
The market capitalization of Yasons Chemex Care IPO is ₹77.22 Cr.
| KPI | Values |
|---|---|
| ROE | 0.17 |
| ROCE | 0.21 |
| Debt/Equity | 0.17 |
| RoNW | 16.56% |
The Company proposes to utilize the Net Proceeds from the issue towards the following objects:
[Dilip Davda] The company is a subsidiary of YCL – a listed company that has rewarded investors reasonably since listing. YCCL is in the lucrative business of dyes/pigments/FMCG products that hold bright prospects going forward. Though the issue appears fully priced, investors may park funds for the medium to long-term rewards. Read detail review...
| Listing Date | August 3, 2023 |
| BSE Script Code | |
| NSE Symbol | YCCL |
| ISIN | INE08S201019 |
| Final Issue Price | ₹40 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹32.00 |
| Low | ₹30.40 |
| High | ₹33.60 |
| Last Trade | ₹33.60 |
Yasons Chemex Care Ltd.
4th floor, 412 Sigma Icon-1, 132ft Ring Road,
Opp. Medilink Hospital,
Satellite,
Ahmedabad, Gujarat, 380015
Phone: +91 079400 28639
Email: yccl@yashchemex.com
Website: http://www.yasonschemexcare.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: yasons.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Yasons Chemex Care IPO is a SME IPO of 51,42,000 equity shares of the face value of ₹10 aggregating up to ₹20.57 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on July 24, 2023, and closes on July 26, 2023.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Yasons Chemex Care IPO using UPI as a payment gateway. Zerodha customers can apply in Yasons Chemex Care IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Yasons Chemex Care IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Yasons Chemex Care IPO opens on July 24, 2023 and closes on July 26, 2023.
Yasons Chemex Care IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Yasons Chemex Care 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 Yasons Chemex Care IPO will be done on Monday, July 31, 2023, and the allotted shares will be credited to your demat account by Wednesday, August 2, 2023. Check the Yasons Chemex Care IPO allotment status.
The Yasons Chemex Care IPO listing date is on Thursday, August 3, 2023.
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