Patel Chem Specialities SME IPO Opens 25 July - Check GMP, Allotment

Patel Chem Specialities Ltd is approved to commence the IPO process. Patel Chem Specialities Ltd is based in Ahmedabad, Gujarat, India, and is a developing company in the chemical sector in India. The company has been able to grow nicely recently and analysts believe it can continue to grow. Patel Chem's offer price is ₹84 per share for its ₹55.83 crore SME IPO and is an attractive IPO as the business is well positioned to take advantage of the growing chemical business in India.

Today's Patel Chem IPO GMP of 107 (27.38%) premium in the grey market is a positive sign for investors. The grey market implies that investors will pay ₹107 over the IPO price, indicating strong demand for the stock. The grey market premium suggests there is considerable investor attention for the IPO of this chemical company.

IPO Dates for Patel Chem Specialities Ltd

The Patel Chem Specialities Ltd IPO is set to open on July 25, 2025, and close on July 29, 2025. The Board of Allotment (BoA) date is expected to be July 30, 2025, with listing planned for August 1, 2025.

IPO Details Summary

The minimum order is 3200 shares for a ₹2,68,800 amount for retail investors. The release of Patel Chem IPO is being closely monitored by the investors the grey market premium indicates 27.38% gain, which minimum order indicates excess demand from investors. Patel Chem is one of the top SME IPO list in NSE SME platform.

About Patel Chem Specialities Ltd

Patel Chem Specialities Ltd is based in Ahmedabad, Gujarat, and is one of the emerging companies in the chemical industry in India. The company is a manufacturer of different types of chemicals and specialty products for various industries and has customers from all parts of India for chemical products and chemical solutions.

The company is in the chemical market, selling specialty chemicals, industrial chemicals, and custom chemical products to each type of customer. The company has a number of customers, from small businesses to large industrial companies needing chemical products and services.

MUFG Intime India Private Limited (Link Intime) is Patel Chem IPO's registrar. With this IPO the company is attempting to raise ₹55.83 crores. Proceeds from the fresh issue will be used for business growth, technology upgrades, working capital and general business purposes. Patel Chem Specialities Ltd has good opportunity to compete for share in India's expanding chemical industry given the growth of the chemical industry in India and demand for specialty chemicals.

Financial Performance of Patel Chem Specialities Ltd

The company has shown strong revenue growth and kept making profits in the growing chemical market.

Performance Analysis

Patel Chem Specialities Ltd delivered solid financial performance. The business model produced good results increasing revenue from ₹69.75 Cr in FY23 to ₹105.55 Cr in FY25. Profit after tax increased 266% to ₹10.57 Cr. Growth also showed in EBITDA, which increased from ₹5.83 Cr to ₹15.8 Cr, with much better business operations and good cost controls in the chemical business.

The company posted solid asset growth which increased from ₹37.08 Cr to ₹65.31 Cr. Net worth increased strongly to ₹35.4 Cr, giving the company a strong money structure from good internal earnings. Borrowings were contained which indicates solid financial management. Patel Chem has exercised financial discipline while growing effectively and it has positioned itself nicely in the chemical industry for long term sustainable growth.

IPO Share Reservation

The IPO share allocation follows standard SEBI rules for SME listings:

Strengths

1. Revenue Growth:
Revenue jumped from ₹69.75 Cr to ₹105.55 Cr indicating strong demand and effective marketing in the chemicals business.

2. Profit Jump:
PAT jumped from ₹2.89 Cr to ₹10.57 Cr indicating very strong cost control and a reasonably good operating model.

3. EBITDA Growth:
EBITDA increased from ₹5.83 Cr to ₹15.8 Cr indicating much stronger profitability and business efficiency.

4. Asset Growth:
Asset base grew from ₹37.08 Cr to ₹65.31 Cr indicating good investment in infrastructure and expansion.

5. Market Opportunities:
Well positioned to take advantage of demand in the growing chemical industry in India and specialty products market.

6. Business Focus:
Strong focus on specialty chemicals provides solid expertise in this market which is growing.

7. Strong Financial Position:
Growth in net worth reinforces strong cash generating capability and a sound financial position.

8. Good GMP:
Strong grey market premium of 27.38% indicates strong consumer confidence in the company.

Risks

1. Raw Material Costs:
Chemical industry companies are vulnerable to price movements of inputs which can affect profitability.

2. Competition:
Other chemical companies provide competitive risks which restrict margins and market share.

3. Regulatory Changes:
Different regulations and rules governing chemicals industry will impact operations.

4. Economic Cycles:
The business is highly dependent on manufacturer demand for industrial inputs which will change with economic change.

5. Environmental Rules:
If environmental rules become stricter for chemical companies this may increase the costs of production.

6. Customer Demand:
Demand for our products is highly dependent on different manufacturer's needs that will change under different market conditions.

7. SME Listing:
SME platforms lower liquidity and provide less price stability.

How to Apply for Patel Chem Specialities Ltd IPO?

Step-by-step guide (when IPO opens on July 25, 2025):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)
2. Go to the SME IPO section and select the Patel Chem Specialities Ltd IPO
3. Click "Apply"
4. Enter:
   • Lot size (3,200 shares minimum)
   • Bid price (₹84 or select Cut-Off)
   • Your UPI ID
5. Submit the application
6. Approve the UPI request in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The UPI request must be approved before 5 PM on the same day or before the IPO closes on July 29, 2025.

How to Check Patel Chem Specialities Ltd IPO Allotment Status?

You can check the Patel Chem IPO allotment status through NSE SME and the registrar portal once the IPO opens.

Check On NSE SME

1. Visit the NSE official website
2. Go to the SME IPO Allotment Section
3. Select Patel Chem Specialities Ltd IPO
4. Enter PAN number or application number
5. Submit details to get the allotment status

Check On the Registrar Portal

1. Visit MUFG Intime India Private Limited website:
2. Select IPO allotment status
3. Choose Patel Chem Specialities Ltd IPO
4. Enter PAN or application number
5. Submit to check status

Company Address

Name: Patel Chem Specialities Ltd
Address: 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/

IPO Registrar

Name: MUFG Intime India Private Limited - Link Intime
Address: MUFG Intime India Private Limited (Link Intime), Link Intime India Private Ltd, C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083 Phone: +91 22 4918 6270
Email: Contact through website
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Conclusion

Patel Chem Specialities Ltd is a good investment opportunity in a growing chemical business in India. The company has demonstrated strong growth, growing its revenue from ₹69.75 Cr to ₹105.55 Cr, and PAT of ₹10.57 Cr, showing very good cost control and business efficiency through a growing business model. The company's focus on specialities chemicals puts it in a good position to take advantage of growing demand in the Indian market. 

The company is floating its IPO price is ₹84 per share, and ₹55.83 Cr is the issue size. The GMP of 27.38% shows investor interest is strong. There is no reason to say the valuation is unreasonable for a growing SME company as we are seeing. Investors should still be aware of potential raw material cost changes, competition, and regulatory factors, but if investors are willing to take these risks, then Patel Chem is a good investment opportunity in the chemical business.

Disclaimer : This analysis is for learning purposes and not financial advice. Please talk to a financial advisor before making investment decisions.

FAQs