Date, Review, Price, Allotment Information for the Deepak Chemtex BSE SME IPO / Deepak Chemtex IPO Latest Updates

ABOUT THE COMPANY: Deepak Chemtex

The primary activity of Deepak Chemtex Ltd. (DCL) is the production of colorants, which are used in the food, drug, cosmetic, cleaning, and agricultural industries, among other sectors. To add color to different consumables, colorants are mixtures of chemical intermediates, pigments, dyes, and additives. 

Since its founding in 1997, the company has expanded to produce a wide variety of FD&C (Food, Drug, and Cosmetic) colors for use in confections, baked goods, beverages, dairy products, seasonings, pet food, pharmaceuticals, cosmetics, and personal hygiene items. The company also produces pond dyes for use in lakes, ponds, and swimming pools, as well as salt-free dyes used in the inkjet industry. Other colorants are utilized in car wash products, portable sanitation cleaners, detergent and soap, fuel, and oil. & lubricants, smoke, crop protection, fertilizer indicators, flower dyes, seed treatment, etc.

DCL can meet the complex needs of a larger range of end products and applications by using a variety of production processes, such as sulphonation, condensation, bromination, oxidation, reduction, high pressure reactions, and purification. The business turns waste salts and isomers into colorants. In order to guarantee quality standards, the manufacturing facility has also obtained a KOSHER certificate, which certifies that a specific food item or product has been prepared in accordance with Jewish dietary laws, and a HALAL certificate, which guarantees that the food is prepared in accordance with Islamic law and is unadulterated.

China, France, Kenya, Mexico, Europe, Japan, Australia, United Kingdom, and the United States of America are just a few of the nations to which DCL exports. It has been effective.

Details of the Deepak Chemtex IPO: The IPO date for Deepak Chemtex is set; it will begin on November 29 and end on December 1. A BSE SME, Deepak Chemtex is planning to raise ₹23.04 crores through its IPO. For the Deepak Chemtex IPO, the market lot size is 1600 shares, and the price range is set at ₹76 to ₹80.

Details of the Deepak Chemtex Price Band and IPO Date

IPO Open:	November 29, 2023
IPO Close:	December 1, 2023
IPO Size:	Approx ₹23.04 Crores, 2,880,000 Equity Shares
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹76 to ₹80 Per Equity Share
IPO Listing on:	BSE SME
Retail Quota:	35% of the net offer
QIB Quota:	50% of the net offer
NII Quota:	15% of the net offer

Lot in the Deepak Chemtex IPO Market

With an application fee of ₹128,000, the minimum market lot for the Deepak Chemtex IPO is 1600 shares.

Application	Lot Size	Shares	Amount
Retail Minimum	1	1600	₹128,000
Retail Maximum	1	1600	₹128,000
S-HNI Minimum	2	3200	₹256,000

Dates of Deepak Chemtex's IPO

The IPO closes on December 1st, and the Deepak Chemtex IPO date is November 29. December 6 is the IPO allotment date, and on December 11 the IPO may go public.

IPO Open Date:	November 29, 2023
IPO Close Date:	Decemeber 1, 2023
Basis of Allotment:	December 6, 2023
Refunds:	December 7, 2023
Credit to Demat Account:	December 8, 2023
IPO Listing Date:	December 11, 2023

Deepak Chemtex IPO FAQs

Is Deepak Chemtex going public?

An early opportunity to invest in Deepak Chemtex Limited is provided by the company's initial public offering (IPO). Before Deepak Chemtex Limited shares are listed at stock exchanges, an investor in the stock market can purchase Deepak Chemtex IPO shares by submitting an application for the IPO. Investors may choose to participate in the Deepak Chemtex IPO for either a long-term or short-term listing gain.

What's the Deepak Chemtex IPO up to?

Read the top stock brokers' and analysts' recommendations for the Deepak Chemtex IPO.

May Be Apply 

Deepak Chemtex IPO: What is it?

A BSE SME IPO is Deepak Chemtex. Through an IPO, they plan to raise ₹23.04 crores. The equity share price range for the issue is ₹76 to ₹80. The BSE will list the IPO.

What is the IPO Size of Deepak Chemtex?

The size of Deepak Chemtex's IPO is ₹23.04 crores.

What is the IPO Price Band for Deepak Chemtex?

Price range for the Deepak Chemtex IPO is ₹76–₹80 for each equity share.

What is the Minimum and Maximum Lot Size for the Deepak Chemtex IPO?

1600 shares with ₹128,000 are up for bid in the IPO.

What is the date of the Deepak Chemtex IPO Allotment?

December 6, 2023 is the date of the Deepak Chemtex IPO allocation.

What is the IPO Listing Date for Deepak Chemtex?

December 11, 2023, is the date of the Deepak Chemtex IPO listing. To list on BSE SME is the IPO.

How To check Status of Deepak chemtex ipo allotted or not ? 

The Deepak Chemtex IPO allotment status will be available on or around December 6, 2023. The allotted shares will be credited in demat account by December 8, 2023. Visit offical bse website than check