
Manufacturing · BSE
Patel Chem Specialities Limited, established in 2008, is involved in the manufacturing and export of pharmaceutical excipients and specialty chemicals. These chemicals are essential in various industries such as pharmaceuticals, food, cosmetics, and industrial applications. They serve important roles like binding, thickening, stabilizing, gelling, and helping tablets break down properly. The company operates from two manufacturing units located in Vatva, Ahmedabad, and Talod, Himmatnagar. These facilities follow strict quality standards and hold certifications like US-DMF and GMP. Covering an area of 7,000 square yards, the facility has a production capacity of over 7,200 metric tons per year. It includes sections for storage, production, research and development, quality control, packaging, and warehousing. Patel Chem has expanded its presence across East Asia, Europe, the Middle East, North America, and Southeast Asia by delivering high-quality products that meet global standards. The company’s main products include Rheollose (used for thickening and stabilizing), Disolwell (a tablet disintegrant), Swellcal (another disintegrant), and AmyloTab (used to help tablets dissolve). As of November 30, 2024, the company has 109 employees.
Price Band
₹82 – ₹84
Issue Size
₹58.80 Cr
Lot Size
1600 shares
GMP
+32.1%
Est. Listing
₹111
at current GMP
Subscribed
167.37x
overall
Open
25 Jul 2025
Close
29 Jul 2025
Allotment
30 Jul 2025
Refund
31 Jul 2025
Demat Credit
1 Aug 2025
Listing
1 Aug 2025
Overall Subscription
167.37x
Total Demand
QIB Multiplier
105.27x
Institutions & Funds
NII / HNI
236.62x
High Net-Worth
Retail (RII)
173.13x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,329,600 | 139,971,200 | 105.27x |
| NIB | 998,400 | 236,244,800 | 236.62x |
| HNIs(10L +) | 665,600 | 168,083,200 | 252.53x |
| HNIs (2-10L) | 332,800 | 68,161,600 | 204.81x |
| RETAIL | 2,331,200 | 403,596,800 | 173.13x |
| Total | 5,657,600 | 1,016,057,600 | 167.37x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 139 | 11,923 | 85.78x |
| HNIs (3-10L) | 69 | 13,477 | 195.32x |
| RETAIL | 729 | 126,124 | 173.01x |
| Total Applications | 937 | 151,524 | 161.71x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Patel Chem Specialities Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹58.8 Crores. The shares are offered at a price band of ₹82 to ₹84 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,34,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-01, while un-allotted funds or UPI block mandates will be released on 2025-07-31.
The latest Grey Market Premium (GMP) for Patel Chem Specialities Limited IPO is ₹27 per equity share. Based on the upper price band of ₹82 to ₹84 per equity share, the estimated listing price is ₹111 (+32.1% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹27, the expected profit per application lot is approx ₹43,200 (+32.1% gain). Minimum application cost is approx ₹1,34,400.
The Patel Chem Specialities Limited IPO aggregate issue size is ₹58.8 Crores with an equity price band set at ₹82 to ₹84 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,34,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 167.37x (Retail: 173.13x, QIB: 105.27x, NII: 236.62x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-07-30. Investors can verify status using PAN card or application number.
Patel Chem Specialities Limited shares are scheduled to list on BSE on 2025-08-01.