Yasons Chemex Care Limited is in the business of manufacturing of a) dyes and pigment paste; and b) 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, dye manufacturing can be broadly classified under the following types-
- Natural dyes
- Synthetic dyes
- Synthetic organic dyes
The other business segment of Yasons Chemex Care Limited is engaged in is manufacturing pigment paste from various chemicals. The FMCG products manufactured or packaged by the company include hair oil, perfumes, deodorant, handmade soap, sanitizer, etc. These are marketed under their own brand name “PLXO“.
Yasons Chemex Care also trades in both dyes, pigment, and pigment paste in order to meet customer requirements.
The color solutions offered by the company are then 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 company’s 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.
The Company has obtained ISO 9001:2015 certification for a Unit II certifying our quality management system for the product manufacturers by our Company.
The company’s subsidiary of Yash Chemex Limited (“YCL”), a company which was listed on BSE SME Platform on June 20, 2016 and was migrated to BSE Mainboard Platform vide BSE Notice No. 20180905-10 dated September 05, 2018 with effective from September 07, 2018.
Yasons Chemex Care IPO – Details
| IPO Opening Date | 24 July 2023 |
| IPO Closing Date | 26 July 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 51,42,000 Shares Worth ₹20.57 Crore Fresh Issue: 51,42,000 Shares Worth ₹20.57 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹40 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Yasons Chemex Care IPO – Date Schedule
| IPO Open Date | 24 July 2023 |
| IPO Close Date | 26 July 2023 |
| Basis of Allotment | 31 July 2023 |
| Initiation of Refund | 1 August 2023 |
| Credit of Shares to Demat Account | 2 August 2023 |
| IPO Listing Date | 3 August 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 26, 2023 |
Yasons Chemex Care IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 3000 | 1,20,000 |
| Retail (Maximum) | 1 | 3000 | 1,20,000 |
| HNI (Minimum) | 2 | 6000 | 2,40,000 |
Competitive Strengths
- Focus on Quality & Innovation.
- Experienced Director.
- Locational Advantage.
- Diverse product offerings.
- Well established relationship with clients.
- Supported and promoted by Yasons Chemex Care holding company, Yash Chemex Limited (YCL).
Company Promoters
- Yash Chemex Limited
Object Of The Issue
- Funding the incremental working capital requirements of the Company.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2020 | 19.61 | 18.04 | 1.15 | 0.46 |
| 31 March 2021 | 18.05 | 16.23 | 1.25 | 2.69 |
| 31 March 2022 | 26.17 | 23.66 | 1.95 | 2.81 |
| 30 September 2022 | 14.71 | 11.45 | 2.68 | 3.07 |
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% |
Yasons Chemex Care IPO Promoter Holding
| Pre Issue Share Holding | 70.16% |
| Post Issue Share Holding | 51.47% |
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/ |
Yasons Chemex Care IPO Lead Manager(s)
| 1. Fedex Securities Pvt Ltd |
Yasons Chemex Care IPO FAQs
| What is Yasons Chemex Care IPO? Yasons Chemex Care IPO is a SME IPO. The issue is priced at ₹40 per equity share. The IPO is to be listed on NSE SME. |
| When Yasons Chemex Care IPO will open? The IPO is to open on 24 July 2023 for NII and Retail Investors. |
| How to Yasons Chemex Care IPO? You can apply Yasons Chemex Care 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 Yasons Chemex Care IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Yasons Chemex Care”. 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 Yasons Chemex Care IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Yasons Chemex Care”. 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 Edelweiss. |
| What is Yasons Chemex Care IPO Size? Yasons Chemex Care IPO size is ₹20.57 crores. |
| What is Yasons Chemex Care IPO Price Band? Yasons Chemex Care IPO Price Band is ₹40. |
| What is Yasons Chemex Care IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹120,000 amount while the maximum bid is 3000 shares with ₹1,20,000. |
| What is the Yasons Chemex Care IPO Allotment Date? Yasons Chemex Care IPO allotment date is 31 July 2023. |
| What is the Yasons Chemex Care IPO Listing Date? Yasons Chemex Care IPO listing date is 3 August 2023. The IPO is to list on NSE SME. |
