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-
- Natural dyes
- Synthetic dyes
- Synthetic organic dyes
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.
Yasons Chemex Care IPO Details
| IPO Date | Jul 24, 2023 to Jul 26, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 5,142,000 shares (aggregating up to ₹20.57 Cr) |
| Fresh Issue | 5,142,000 shares (aggregating up to ₹20.57 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 14,161,920 |
| Share holding post issue | 19,303,920 |
| Market Maker portion | 270,000 shares Nikunj Stock Brokers |
Yasons Chemex Care IPO Reservation
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 270,000 (5.25%) |
| Other Shares Offered | 2,436,000 (47.37%) |
| Retail Shares Offered | 2,436,000 (47.37%) |
| Total Shares Offered | 5,142,000 (100%) |
Yasons Chemex Care IPO Timetable (Tentative)
Yasons Chemex Care IPO opens on Jul 24, 2023, and closes on Jul 26, 2023.
| IPO Open Date | Monday, 24 July 2023 |
| IPO Close Date | Wednesday, 26 July 2023 |
| Basis of Allotment | Monday, 31 July 2023 |
| Initiation of Refunds | Tuesday, 1 August 2023 |
| Credit of Shares to Demat | Wednesday, 2 August 2023 |
| Listing Date | Thursday, 3 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 26, 2023 |
Yasons Chemex Care IPO Lot Size
The Yasons Chemex Care IPO lot size is 3000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| HNI (Min) | 2 | 6,000 | ₹240,000 |
| Lot Size Calculator |
Yasons Chemex Care IPO Promoter Holding
Yash Chemex Limited is the company’s Promoter.
| Pre Issue Share Holding | 70.16% |
| Post Issue Share Holding |
Company Financials
| 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 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 22.47 |
| Market Cap (₹ Cr.) | 77.22 |
| ROE | 0.17 |
| ROCE | 0.21 |
| Debt/Equity | 0.17 |
| EPS (Rs) | 2.42 |
| RoNW | 16.56% |
Check Yasons Chemex Care IPO Peer Comparison here.
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the issue towards the following objects:
- Meeting incremental working capital requirements
- General corporate purposes
Yasons Chemex Care IPO Review (Apply)
[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…
Yasons Chemex Care IPO Subscription Status (Bidding Detail)
The Yasons Chemex Care IPO is subscribed 59.60 times on Jul 26, 2023 8:19:00 PM. The public issue subscribed 68.76 times in the retail category, times in the QIB category, and 47.71 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 47.71 |
| Retail | 68.76 |
| Total | 59.60 |
Total Application : 55,837 (68.76 times)
Yasons Chemex Care IPO Prospectus
Company Contact Information
Yasons Chemex Care Limited
4th floor, 412 Sigma Icon-1, 132ft Ring Road,
Opp. Medilink Hospital, Satellite,
Ahmedabad – 380015
Phone: +91 079400 28639
Email: yccl@yashchemex.com
Website: http://www.yasonschemexcare.com/
Yasons Chemex Care IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: yasons.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/