Deepak Chemtex Limited

About the company

## **About  Deepak Chemtex Limited** ### Incorporated in 1997, Deepak Chemtex Limited is primarily engaged in the business of manufacturing of colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture and other industries.  Colorants are formulations of chemical intermediates, pigments or dyes and additives used to add colour to various consumables. Over the years evolved into manufacturing of a complete range of FD&C (Food, Drug and Cosmetic) colours used in the confectionary, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products. They also manufacture salt free dyes used in inkjet industry, pond dyes used in in ponds, lakes, swimming pools etc and other colorants used in car wash products, portable sanitation cleaners, detergent & soap, fuel, oil & lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes etc. ### They manufacture colorants from unwanted salts and isomers. The quality framework at their organisation comprises quality checks focused on shade testing, heavy metals detection, microbiological contamination tests and particle size analysis done by their inhouse team. ### With the growing environmental concerns they have developed the Effluent Treatment Plant and carry out a series of treatments to check the COD, BOD, TDS and PH levels of the effluent before they discharge the same to the Common Effluent Treatment Plant. theyare exporting to countries like: China, France, Kenya, Mexico, Europe, Japan, Australia, United Kingdom, United States Of America etc. they have successfully expanded their commercialised product portfolio from around 50 products ### Deepak Chemtex limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives ### 1. Funding capital expenditure towards installation of plant & machinery in our existing premises. ###  2. Investment in our subsidiary DCPL Speciality Chemicals Private Limited for financing its capital expenditure       towards installation of plant and machinery. ### 3. Funding to meet working capital requirements ### 4. General Corporate Purpose. ### Here are key details about the Deepak Chemtex Limited IPO: Company Name| **Deepak Chemtex Limited Limited**|  | Deepak Chemtex Limited IPO Opening Date| **November 29, 2023** ---|---|---|---|--- Company Established On|**1997**Deepak Chemtex Limited IPO Price band|**₹76 to ₹80 per share** ### ###

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   29 Nov 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   01 Dec 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   01 Dec 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   07 Dec 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   06 Dec 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   06 Dec 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.