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Yasons Chemex Care Limited IPO (Yasons Chemex Care IPO) Detail

July 24, 2023 - July 26, 2023

Yasons Chemex Care IPO is a fixed price issue of Rs 20.57 crores. The issue is entirely a fresh issue of 51.42 lakh shares.

Yasons Chemex Care IPO bidding started from July 24, 2023 and ended on July 26, 2023. The allotment for Yasons Chemex Care IPO was finalized on Monday, July 31, 2023. The shares got listed on NSE SME on August 3, 2023.

Yasons Chemex Care IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹240,000.

Fedex Securities Pvt Ltd is the book running lead manager of the Yasons Chemex Care IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Yasons Chemex Care IPO is Nikunj Stock Brokers.

Refer to Yasons Chemex Care IPO RHP for detailed information.

Yasons Chemex Care IPO Details

IPO Date July 24, 2023 to July 26, 2023
Listing Date August 3, 2023
Face Value ₹10 per share
Price ₹40 per share
Lot Size 3000 Shares
Total Issue Size5,142,000 shares
(aggregating up to ₹20.57 Cr)
Fresh Issue5,142,000 shares
(aggregating up to ₹20.57 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue14,161,920
Share holding post issue19,303,920
Market Maker portion270,000 shares
Nikunj Stock Brokers

Yasons Chemex Care IPO Reservation

Yasons Chemex Care IPO offers 5,142,000 shares. 2,436,000 (47.37%) to NII, 2,436,000 (47.37%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered270,000 (5.25%)
Other Shares Offered2,436,000 (47.37%)
Retail Shares Offered2,436,000 (47.37%)
Total Shares Offered5,142,000 (100%)

Yasons Chemex Care IPO Timeline (Tentative Schedule)

Yasons Chemex Care IPO opens on July 24, 2023, and closes on July 26, 2023.

IPO Open Date Monday, July 24, 2023
IPO Close Date Wednesday, July 26, 2023
Basis of Allotment Monday, July 31, 2023
Initiation of Refunds Tuesday, August 1, 2023
Credit of Shares to Demat Wednesday, August 2, 2023
Listing Date Thursday, August 3, 2023
Cut-off time for UPI mandate confirmation 5 PM on July 26, 2023

Yasons Chemex Care IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹120,000
Retail (Max) 1 3000 ₹120,000
HNI (Min) 2 6,000 ₹240,000
Lot Size Calculator

Yasons Chemex Care IPO Promoter Holding

Yash Chemex Limited is the company's Promoter.

Share Holding Pre Issue 70.16%
Share Holding Post Issue 51.47%

About Yasons Chemex Care Limited

Incorporated in 2017, Yasons Chemex Care Limited is engaged in the manufacturing business. They manufacture dyes and pigment paste, and FMCG products.

In the dyes segment, they manufacture a wide variety of dyes such as basic dyes, reactive dyes, food colorants, direct dyes, and vat dyes. They offer multiple shades of dyes. Further, the dye manufacturing undertaken by the company can be broadly classified under the following types-

  • Natural dyes
  • Synthetic dyes
  • Synthetic organic dyes

The other business segments of Yasons Chemex Care Limited are manufacturing pigment paste from various chemicals and FMCG products manufacturing or packaging. The FMCG products include hair oil, perfumes, deodorant, handmade soap, sanitizer, etc.

The products of Yasons Chemex Care Limited are marketed under their brand name "PLXO".

Yasons Chemex Care also trades in dyes, pigment, and pigment paste in order to meet customer requirements.

The products manufactured by the company are directly or indirectly applied by various industries like textile, paper, paints, inks, soap, plastic, wood, detergents and FMCG.

The Company has two manufacturing facilities situated in the state of Gujarat. They manufacture dyes and pigment paste at our manufacturing facility situated at A-1/329, Phase-II, G.I.D.C, Vatva, Ahmedabad, having an installed capacity of 650 MTPA per annum.

Further, the Company manufactures FMCG products at the second manufacturing facility situated at 22, Shreeji Krupa Estate, Tajpur Road, Changodar.

Company Financials

Yasons Chemex Care Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-202,058.071,961.55115.511,407.1446.16
31-Mar-212,558.261,804.79125.351,532.94269.04
31-Mar-222,779.282,617.01195.411,728.57281.40
31-Mar-232,758.594,100.64343.162,072.04346.40
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Yasons Chemex Care IPO is Rs 77.22 Cr.

KPI Values
ROE0.17
ROCE0.21
Debt/Equity0.17
RoNW16.56%
Pre IPO Post IPO
EPS (Rs) 2.42
P/E (x) 22.47

Objects of the Issue (Yasons Chemex Care IPO Objectives)

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Meeting incremental working capital requirements
  2. General corporate purposes

Yasons Chemex Care IPO Review (Apply)

[Dilip Davda]  The company is a subsidiary of YCL – a listed company that has rewarded investors reasonably since listing. YCCL is in the lucrative business of dyes/pigments/FMCG products that hold bright prospects going forward. Though the issue appears fully priced, investors may park funds for the medium to long-term rewards. Read detail review...


Yasons Chemex Care IPO Subscription Status (Bidding Detail)

The Yasons Chemex Care IPO is subscribed 59.60 times on July 26, 2023 8:19:00 PM. The public issue subscribed 68.76 times in the retail category, times in the QIB category, and 47.71 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other47.71
Retail68.76
Total59.60

Total Application : 55,837 (68.76 times)

Yasons Chemex Care IPO Prospectus

Yasons Chemex Care IPO Rating

13
3.8
Rating:Rated 3.8 stars
Vote Here ...

Yasons Chemex Care IPO Listing Details

Listing Date August 3, 2023
BSE Script Code
NSE Symbol YCCL
ISIN INE08S201019
Final Issue Price ₹40 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹40.00
₹32.00
₹30.40
₹33.60
₹33.60

Check IPO Performance…

Yasons Chemex Care Limited Contact Details

Yasons Chemex Care Limited
4th floor, 412 Sigma Icon-1, 132ft Ring Road,
Opp. Medilink Hospital, Satellite,
Ahmedabad - 380015
Phone: +91 079400 28639
Email: yccl@yashchemex.com
Website: http://www.yasonschemexcare.com/

Yasons Chemex Care IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: yasons.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Yasons Chemex Care IPO - Buy or Not

Yasons Chemex Care IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 4 0 1

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Yasons Chemex Care IPO FAQs

Yasons Chemex Care IPO is a SME IPO of 5,142,000 equity shares of the face value of ₹10 aggregating up to ₹20.57 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.

The IPO opens on July 24, 2023, and closes on July 26, 2023.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Yasons Chemex Care IPO using UPI as a payment gateway. Zerodha customers can apply in Yasons Chemex Care IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Yasons Chemex Care IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Yasons Chemex Care IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Yasons Chemex Care IPO opens on July 24, 2023 and closes on July 26, 2023.

Yasons Chemex Care IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.

You can apply in Yasons Chemex Care IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Yasons Chemex Care IPO will be done on Monday, July 31, 2023, and the allotted shares will be credited to your demat account by Wednesday, August 2, 2023. Check the Yasons Chemex Care IPO allotment status.

The Yasons Chemex Care IPO listing date is on August 3, 2023.
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Yasons Chemex Care IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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401 Comments

177. IPOmentor |   Link |  Bookmark |August 16, 2023 5:41:18 PM
30/- नीचे सबको मिलेगा।
177.1. Ipoaspire |   Link |  Bookmark |August 17, 2023 10:30:37 PM (300+ Posts)
Wait for 80 by sept 23...very good company
177.2. IPOmentor |   Link |  Bookmark |August 18, 2023 10:09:49 AM
Wait for loose more money
176. Ipoaspire |   Link |  Bookmark |August 14, 2023 6:50:00 AM (300+ Posts)
Hold this gem.it has the potential to go 80 levels by sept 23.Company is good,short term fluctuations may be there but it will shoot up soon.
176.1. Mas |   Link |  Bookmark |August 14, 2023 7:04:53 PM (200+ Posts)
Same story was said for Spectrum, we all know where it is stuck.
175. KBG |   Link |  Bookmark |August 10, 2023 5:41:11 PM
It seems that yason again heading towards the listing price
Last traded value is lower circuit for so many lots
Can anyone predict about tomorrow trade 🤔
174. DHARMESHPARMAR |   Link |  Bookmark |August 8, 2023 11:10:10 PM
I SOLD AT UPPER CIRCUIT WILL COVER LOSS IN OTHER SCRIPT
173. IPO Electrifying |   Link |  Bookmark |August 8, 2023 11:44:32 AM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
as earlier say, i sold my 1 lot today at upper circuit.
suffering less loss. i m sure i will cover my loss in any other script.
thanks for reading me.
172. Riyansh |   Link |  Bookmark |August 8, 2023 10:28:02 AM (200+ Posts)
@Admin @ Chittorgarh.com  Dear Admin, Please remove Tags like Guru,Mentor,contributor . this is meaning less. At every IPO page some people posts chitchat messages and some people spreading negativity due to their lack of knowledge of share market. because of this type of people fear creates and retailers loose money in Good IPOs.

To share information here Tags are not needed. Just keep New Member Tag for alerting Forum Members about spam.
172.1. Sanchit Jain |   Link |  Bookmark |August 8, 2023 10:51:34 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
But Riyansh, it shows/ adds to the creditability of the person writing a message. Baki janta sab samajdaar, wo sab jaanti hai..
171. Sanchit Jain |   Link |  Bookmark |August 8, 2023 9:58:41 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Guys dont give up that easily, only 30% shares of IPO traded, still 70% in market. If they want these shares, they have to pay proper price..It has potential to go to 44..
171.1. Sanchit Jain |   Link |  Bookmark |August 8, 2023 10:03:35 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Including todays quantity still 50% in market..
171.2. Sanchit Jain |   Link |  Bookmark |August 9, 2023 12:29:54 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Exited the 1 lot that was allotted.
170. Mas |   Link |  Bookmark |August 8, 2023 9:10:38 AM (200+ Posts)
Circuit opened, can go either way.
169. IPO Electrifying |   Link |  Bookmark |August 7, 2023 8:00:07 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
It will touch 45-48. But not more than that.
I m holding 1 lot and thinking to sell tomorrow, as showing today's trade it might go to other way i.e. lower circuit. Be careful those who are holding. All the best.
169.1. IPO APPLIER |   Link |  Bookmark |August 7, 2023 9:26:19 PM
Sold my alloted one lot today as the buy orders started going down.
168. Trueinfo |   Link |  Bookmark |August 6, 2023 12:13:56 PM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
Has the potential to touch 50 in short term.
168.1. Trueinfo |   Link |  Bookmark |August 6, 2023 12:17:19 PM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
Holding my allotted 1 lot. Doesn't appear to be risky.
167. AAvi |   Link |  Bookmark |August 4, 2023 9:21:27 AM
Game is being played perfectly by operators.
O is selling - O is buying and in between R is being trapped in bits and pieces.
167.6. pachathavla |   Link |  Bookmark |August 5, 2023 4:35:04 AM
Paper company !! Looting retailers.
167.7. AAvi |   Link |  Bookmark |August 9, 2023 9:20:36 AM
So, crossed on 09 Aug
Let's see the further game......
166. Sanchit Jain |   Link |  Bookmark |August 4, 2023 3:31:25 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
May be wrong button pressed at the time of listing. The company, otherwise, looks okay wit consistent top line and bottom line. The GMP was running till the end of 10% and expected listing of Rs.44. I am trying to add more lots to the allotted 1 lot and have put up buy order with a hope that the market price will reach IPO and eventually the expected Listing price of Rs.44 in few days.
166.2. Sanchit Jain |   Link |  Bookmark |August 4, 2023 4:31:17 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
But it might give a huge headache to the people. I did not see the pre ipo session myself, so cant be sure. And at yes at the same time the Chhitorgarh website also crashed, can that be the reason??
166.3. Riyansh |   Link |  Bookmark |August 4, 2023 4:46:35 PM (200+ Posts)
Yes. It's also.
165. Old.Fox |   Link |  Bookmark |August 4, 2023 3:18:40 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
I had never thought this will list in discount...but it did.
Fairly good subscription and an Apply rating didn't do much good.
164. Mas |   Link |  Bookmark |August 4, 2023 12:52:23 PM (200+ Posts)
Strong circuit, will hold 2 lot for some time.
163. IPOJoker |   Link |  Bookmark |August 4, 2023 10:07:50 AM
those who follow DD blindly, its a stark reminder. many very good IPOs were in may apply category and this sort of below average one was in apply category.
163.1. AAvi |   Link |  Bookmark |August 4, 2023 10:41:18 AM
For that matter, there are many Avoid candidates also who had done exceptionally well which can be seen if you google Best Performing SMEs
Having said that, DD sir Apply candidate have never gone wrong in past few years except one odd like IT Con ..... And in those also the wealth is not fully eroded.
If this one is going to be the another of those exception then be it so. Time will rell....
162. G.K. Goyal |   Link |  Bookmark |August 3, 2023 10:51:56 PM
DD recommendation subscribe on this LC IPO.
161. anantagg |   Link |  Bookmark |August 3, 2023 5:40:26 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
@Riyansh I sold
161.3. PKRAJ |   Link |  Bookmark |August 5, 2023 11:57:15 AM
It is very difficult for us to think/understand the calculations and strategies of such big HNIs like @anantagg and @MRavichandran and others. I remember a sentence for them :

**A MEANINGFUL SILENCE IS ALWAYS BETTER THAN MEANINGLESS WORDS**

So, it is very difficult to say whether they need money for other IPOs and so sell in such losses. By selling in such losses, they always earn out of it. Not possible to describe the reason.
I may be wrong in my thinking.
161.4. Trueinfo |   Link |  Bookmark |August 5, 2023 12:40:16 PM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
We must honour his decision. Just because, he honestly discloses his strategy in this forum, should not be the reason to say anything unworthy. Everybody is free to play market, the way it suits anyone. There may be other big HNIs, who play similar way.
160. Value.Investor |   Link |  Bookmark |August 3, 2023 9:14:19 PM
LM Fedex is showing consistency in giving shocks to the investors in highly subscribed IPOs, first Moxsh and now Yasons
159. IPO guro |   Link |  Bookmark |August 3, 2023 8:01:03 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Jinko allotment nahi Mila Aaj unka din hi. Listing 20% discount wow great.
158. Rohitsme |   Link |  Bookmark |August 3, 2023 7:04:45 PM
I have 3 lots. I would have held if it listed <44. Subs was good, financials ok and DD sir also favored the stock. It could turn for worse, but i would hold for 10 trading days and then decide to book loss, if needed.
158.1. Priyanka Meghwal |   Link |  Bookmark |August 3, 2023 7:49:07 PM
It will not come above ipo price in 10 days
158.2. Riyansh |   Link |  Bookmark |August 9, 2023 10:25:05 AM (200+ Posts)
@Priyanka Meghwal Today 40.75 Upper Circuit. what to say now ?