Patel Chem Specialities IPO Allotment Status: Check Latest GMP, Steps To Verify Status
The bidding window for Patel Chem Specialities SME IPO was open from July 25, 2025, to July 29, 2025. The basis of allotment will be finalised today, July 30, 2025. Here’s how you can check the IPO allotment status on the BSE and registrar’s website.
Procedure to Check Patel Chem Specialities IPO Allotment Status Online On BSE
- Click here to visit the application status page.
- In Issue Type, “Equity”.
- In Issue Name, select “Patel Chem Specialities Limited”.
- Enter your “Application No.” or “PAN No.”
- Click on “I am not a robot”.
- Click “Submit”.
Procedure to Check Patel Chem Specialities IPO Allotment Status on MUFG Intime India Private Limited (Registrar to the issue)
- Click here to visit MUFG Intime’s application status page.
- Under, Please select company, select “Patel Chem Specialities Limited.”
- Enter any of the following details.
- PAN
- App. No.
- DP/Client ID
- Account No / IFSC
- Click “Submit.”
IPO Details
Patel Chem Specialities IPO is a book-building issue of ₹58.80 crores, consisting entirely of a fresh issue of 70 lakh equity shares. The price band is set at ₹84 per share. The tentative listing on BSE SME is August 1, 2025.
Cumulative Capital Private Limited and Unistone Capital Private Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar for the issue.
Use of Proceeds
The net proceeds from the fresh issue will be used towards:
- Establishing a new manufacturing facility at Indrad, Mahesana, Gujarat. The facility will be dedicated to the production of:
- Croscarmellose Sodium (CCS)
- Sodium Starch Glycolate (SSG) based on both corn starch and potato starch
- Calcium Carboxymethylcellulose (CMC)
- General corporate purposes
Patel Chem Specialities IPO - Overall Subscription Status
(July 29, 2025, end of the day)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
105.27 |
|
Non-Institutional Investors |
175.00 |
|
Individual Investors (IND category bidding for 2 Lots) |
173.12 |
|
Total |
155.63 |
Patel Chem Specialities IPO GMP Details
As of 30 July 2025, Patel Chem Specialities IPO GMP stood at ₹35. The estimated listing price is ₹119, i.e., a gain of 41.67% per share.
|
Source: Business Standard Report dated 30 July, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
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Patel Chem Specialities Business Overview
Patel Chem Specialities is engaged in the manufacturing of speciality chemicals, with a particular focus on cellulose-based excipients. These are used in the formulation of numerous end-use products such as tablets, processed foods, cosmetics, and industrial-grade solutions. The company’s manufacturing facilities are located at Vatva in Ahmedabad and Talod in Himmatnagar, Gujarat.
During FY 2025, Patel Chem’s revenue from operations stood at ₹10,508.78 lakhs, compared to ₹8,236.16 lakhs in FY 2024, reflecting a growth of approximately 27.59%.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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