Yasons Chemex Care Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Yasons Chemex

CMP

26.20

+0.70 (2.75%)

₹40

Offer Price

₹ 20.57 Cr

Issue Size

₹ 1,20,000

Min Investment

3,000

Lot size

Time Line

  • 24
    Jul 2023
    Open
  • 26
    Jul 2023
    Close
  • 31
    Jul 2023
    Finalisation of Basis of Allotment
  • 01
    Aug 2023
    Initiation of Refunds
  • 02
    Aug 2023
    Transfer of Shares to Demat Account
  • 03
    Aug 2023
    Listing Date

Objects of the Offer

  • Reduction of Operational costs.

  • Widening of customer base.

  • Increase product offerings.

Products & Services

  • The Company is in the business of manufacturing of a) dyes and pigment paste; and b) FMCG products.

Strengths

  • Focus on Quality & Innovation.

  • Experienced Director.

  • Locational Advantage.

  • Diverse product offerings.

  • Well established relationship with clients.

Risks

  • There are outstanding legal proceedings involving the Company, the Directors, the Promoter and its LLP.

  • The company require a number of approvals, NOCs, licenses, registrations and permits in the ordinary course of its business. Some of the approvals are required to be obtained by the Issuer Company and any failure or delay in obtaining the same in a timely manner may adversely affect its operations.

  • The company Manufacturing operations involve certain operating hazards, occurrences of which may disrupt its business operations and our financial conditions could be adversely affected.

  • Quality of product is very important in the industry and the success of the company is dependent on the quality of the product and any failure to maintain the quality of its products may have an adverse effect on the company reputation and business.

  • The company insurance coverage may not be adequate to protect us against certain operating hazards and this may have a material adverse effect on its business.

Company Promoters

Promoters Holding

Issue For IPO
18.69%
Pre Holding

70.16%

Post Holding

51.47%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 25.05 (41.00%) 36.77 (46.80%) 16.56 (-)
Gross Profit 25.05 (41.00%) 36.77 (46.80%) 16.56 (-)
Net Income 25.05 (41.00%) 36.77 (46.80%) 16.56 (-)
Assets 25.05 (41.00%) 36.77 (46.80%) 16.56 (-)
Liabilities 25.05 (41.00%) 36.77 (46.80%) 16.56 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Yasons Chemex Care Ltd 36.77 3.43 24.19 3.47 16.56 0.00 14.63 5.96 0.14
Mahickra Chemicals Ltd 103.03 3.29 64.60 64.60 10.11 4.05 40.01 5.08 0.31
Meghmani Organics Ltd 2,552.62 237.71 3,198.44 3,198.44 14.24 9.35 65.64 7.43 0.49
Kiri Industries Ltd 945.07 106.66 3,201.08 3,201.08 3.98 20.67 516.89 3.33 0.02
Ushanti Colour Chem Ltd 43.99 0.98 100.22 100.22 2.10 1.19 45.24 0.97 0.87

Book Running Managers

  • Fedex Securities Pvt Ltd

Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,
31&32 Financial Dist,
Nanakramguda - Hyderabad-500032
Phone : 91-40-67162222 Fax: 91-40-23001153/23420814

Company Contact Information

4th Floor 412 Sigma Icon-1,
132ftRoad Opp MedilinkHospital,
Ahmedabad - 380015
Phone : 91-079400 28639 Email : yccl@yashchemex.com www.yasonschemexcare.com

Offer Related Information

Initial public issue of 51,42,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Yasons Chemex Care Limited ("The Company" or the "Issuer") for cash at a price of Rs. 40 per equity share (the "Issue Price"), (including a premium of Rs. 30 per equity share), aggregating Rs. 20.57 crores ("The Issue"), of which 2,70,000 equity shares of face value of Rs. 10/- for cash at a price of Rs. 40 each aggregating Rs. 1.08 crores will be reserved for subscription by market maker to... More

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