Patel Chem Specialities Limited (PCSL) stands at the forefront of pharmaceutical excipients and specialty chemical manufacturing, crafting the invisible ingredients that power everyday essentials—from your daily pill to your skincare serum.
Rooted in Gujarat with manufacturing units in Vatva (Ahmedabad) and Talod (Himmatnagar), PCSL isn’t just producing chemicals—it’s engineering reliability. These state-of-the-art facilities span over 7,000 square yards and boast a production capacity of 7,200+ metric tons annually, complete with dedicated divisions for R&D, quality control, packaging, and warehousing. The result? Consistency, compliance, and innovation—certified by global benchmarks like US-DMF and GMP.
With a footprint that stretches across East Asia, Europe, the Middle East, North America, and Southeast Asia, PCSL exports more than just chemicals—it exports trust. Its commitment to international quality standards and scalable solutions has earned it a solid reputation in the global specialty chemical landscape.
The company’s expanding product portfolio includes some of the most trusted names in pharmaceutical formulations:
- 🧬 Rheollose® (Sodium Carboxymethyl Cellulose): A versatile cellulose gum offering thickening and stabilizing properties across pharma, food, and cosmetics.
- 💊 Disolwell® (Croscarmellose Sodium): A powerful super-disintegrant that ensures tablets break down efficiently for optimal absorption.
- 🔬 Swellcal® (Calcium Carboxymethyl Cellulose): An advanced excipient enhancing disintegration performance in solid dose medications.
- 🌾 AmyloTab™ (Pregelatinized Starch): Trusted in pharmaceutical manufacturing to aid tablet breakdown and accelerate action.
At the heart of PCSL is a dynamic team of 136 skilled professionals (as of March 2025), tirelessly working to innovate and elevate.

Patel Chem Specialities IPO – Details
IPO Opening Date | 25 July 2025 |
IPO Closing Date | 29 July 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | Total Issue: 70,00,000 Shares Worth ₹58.80 Crore Fresh Issue: 70,00,000 Shares Worth ₹58.80 Crore |
Face Value | ₹10 per equity share |
IPO Price | ₹82 – ₹84 per share |
Market Lot | 1600 Shares |
Min Order | 1600 Shares [ 1 Lot ] |
Listing At | BSE SME |
Registrar | MUFG Intime India Private Limited (Link Intime) |
QIB Shares Offered | 50% |
NII (HNI) Shares Offered | 15% |
Retail Shares Offered | 35% |
Patel Chem Specialities IPO – Date Schedule
IPO Open Date | 25 July 2025 |
IPO Close Date | 29 July 2025 |
Basis of Allotment | 30 July 2025 |
Initiation of Refund | 31 July 2025 |
Credit of Shares to Demat | 31 July 2025 |
IPO Listing Date | 01 August 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on July 29, 2025 |
Patel Chem Specialities IPO – Lots Size & Price
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 2 | 3,200 | ₹2,68,800 |
Retail (Max) | 2 | 3,200 | ₹2,68,800 |
S-HNI (Min) | 3 | 4,800 | ₹4,03,200 |
S-HNI (Max) | 7 | 11,200 | ₹9,40,800 |
B-HNI (Min) | 8 | 12,800 | ₹10,75,200 |
Competitive Strengths
- Product Portfolio.
- Experienced Promoter and Management Group.
- Global Presence.
- Diversified customer base.
- Continuous innovation and quality consistency.
Company Promoters
- Bhupesh Patel
- Anshu Patel
- Vini Patel
Company Financials
Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
---|---|---|---|---|
31 March 2023 | ₹69.75 Cr | ₹65.60 Cr | ₹2.89 Cr | ₹11.79 |
31 March 2024 | ₹82.72 Cr | ₹72.35 Cr | ₹7.66 Cr | ₹15.46 |
31 March 2025 | ₹105.55 Cr | ₹91.46 Cr | ₹10.57 Cr | ₹14.85 |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 29.85% |
ROCE | 36.26% |
Debt/Equity | 0.42 |
RoNW | 24.32% |
PAT Margin | 10.01% |
EBITDA Margin | 14.97% |
Price to Book Value | 4.11 |
Pre IPO | Post IPO | |
---|---|---|
EPS (₹) | 5.91 | 4.25 |
P/E (x) | 14.21 | 19.77 |
Object Of The Issue
Objects of the Issue | Expected Amount (in Crore) |
---|---|
Funding the capital expenditure requirement of the Company. | ₹43.15 |
General Corporate Purposes. |

✅Strengths
- Diversified product range across pharma, food, and industrial sectors.
- Certified manufacturing with US-DMF & GMP standards.
- Strong R&D and global presence.
- Steady growth in revenue and profits.
- Experienced leadership team.
⚠️Risks
- Revenue concentration among few customers.
- Regulatory and environmental compliance burden.
- Raw material price volatility.
- Forex exposure due to exports.
- High competition in specialty chemicals.
Patel Chem Specialities IPO Promoter Holding
Pre Issue Share Holding | 95.13% |
Post Issue Share Holding | 69.78% |
Patel Chem Specialities IPO Prospectus
Company Contact Information
Patel Chem Specialities Ltd. Plot No. 272/4-5, Phase II, G.I.D.C Industrial Estate, Vatva Road Ahmedabad, Gujarat, 382445 Phone: 91- 9712999854 Email: cs@patelchem.com Website: http://www.patelchem.com/ |
Patel Chem Specialities IPO Registrar
MUFG Intime India Private Limited (Link Intime) Phone: +91-22-4918 6270 Email: patelchem.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Patel Chem Specialities IPO Lead Manager(s)
1. Unistone Capital Private Limited 2. Cumulative Capital Private Limited |
Patel Chem Specialities IPO FAQ

What is Patel Chem Specialities IPO? Patel Chem Specialities IPO is a SME IPO. The issue is priced at ₹82 to ₹84 per equity share. The IPO is to be listed on BSE SME. |
When Patel Chem Specialities IPO will open? The IPO is to open on 25 July 2025 for QIB, NII, and Retail Investors. |
What is Patel Chem Specialities IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
How to Apply the Patel Chem Specialities IPO? You can apply Patel Chem Specialities IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
How to Apply the Patel Chem Specialities IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Patel Chem Specialities IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
How to Apply the Patel Chem Specialities IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Patel Chem Specialities IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
How to Apply the Patel Chem Specialities IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Patel Chem Specialities IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
How to Apply the Patel Chem Specialities IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Patel Chem Specialities IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
What is the Patel Chem Specialities IPO Size? Patel Chem Specialities IPO size is ₹58.80 Crore. |
What is the Patel Chem Specialities IPO Price Band? Patel Chem Specialities IPO Price Band is ₹82 to ₹84. |
What is Patel Chem Specialities IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3200 Shares with ₹2,68,800 amount, while the maximum bid is 3200 Shares with ₹2,68,800. |
What is the Patel Chem Specialities IPO Allotment Date? Patel Chem Specialities IPO allotment date is 30 July 2025. |
What is the Patel Chem Specialities IPO Listing Date? Patel Chem Specialities IPO listing date is 01 August 2025. The IPO is to be listed on the BSE SME. |
