Yasons Chemex SME IPO

Yasons Chemex Care Limited

₹1,20,000 /3000 sharesMinimum Investment

Yasons Chemex SME IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹40.00₹32.00-₹8.00 (20.00%)

Yasons Chemex SME IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Jul ‘23 - 26 Jul ‘23₹1,20,0003,000₹40 - ₹40
Issue SizeIPO Doc
20.57Cr
RHP PDF

About Yasons Chemex SME

Incorporated in 2017, Yasons Chemex Care is in the business of manufacturing dyes, pigment paste, and FMCG products They manufacture a wide variety of dyes such as basic dyes, reactive dyes, food colorants, and direct dyes. 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".;
Parent Organisation
Yasons Chemex Care Limited
Founded
2017
Managing Director
Pritesh Yashwantlal Shah

Strengths & Risks

  • Third-party laboratories for inspection and testing of dye and pigment paste products.
  • Manufacturing facility at Vatva, Changodar and Dholka, Ahmedabad, Gujarat. The required skilled labor, raw material, technology, transportation, etc. for manufacturing are available due to extensive industrialization in the area.
  • Suppliers of the company have their facility/warehouses in close proximity to their manufacturing facility hence reducing the cost of transportation.
  • Wide product range for various industries and sectors.
  • Their holding company, YCL, is engaged in the business of importing and trading of dyes, chemicals and intermediates. The company benefits from a synergistic relationship with the holding company, pursuant to which it enables Yasons Chemex Care to provide wide market access for selling their manufacturing products.
  • Outstanding legal proceedings involving the company, its directors, and its promoters.
  • The company requires a number of approvals, NOCs, licenses, registrations, and permits in the ordinary course of business. Any failure or delay in obtaining the same in a timely manner may adversely affect their operations.
  • The company depends on third parties for transportation needs of raw materials. Any disruptions may affect their operations, business and financial condition.
  • The company has not entered into any long-term contracts with any of their customers and typically operates on the basis of purchase orders, which could adversely impact their revenues and profitability.
  • The company’s name and logo are not registered.
  • High dependency on top 10 suppliers for the supply of raw materials.
  • The company has experienced negative cash flows in previous years.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular40 - 40₹2 Lakh
High Networth Individual40 - 40₹2 - 5 Lakh
For Yasons Chemex SME IPO, eligible investors can apply as Regular.
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