Chemkart India IPO Date, Review, Price and Key Information

Chemkart India Limited IPO is fully book build issue and total IPO size is 32.30 lakh shares.. The share offering contains fresh issue of 26 lakh shares and offer for sale of 6.3 lakh shares.

The dates for the Chemkart India Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Chemkart India Limited IPO is scheduled to list on BSE SME, with a listing date of [.]. The price band for the Chemkart India Limited IPO has not been announced yet.

Registrar for this IPO is Bigshare Services Private Limited and lead managers for Chemkart India Limited IPO are Smart Horizon Capital Advisors Private Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹10 Per Equity Share
Total Issue Size	3,230,000 Shares
Fresh Issue	2,600,000 Shares
OFS Issue	630,000 Shares
Issue Type	Fresh Offer & Offer for Sale
Listing At	BSE SME

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About Chemkart India Limited Company

Chemkart India Limited is a one-stop destination for nutritional, health, and sports supplement products, with a focus on food products offering health benefits alongside nutritional value. Based in Mumbai, the company offers a diverse range of products across seven categories: Amino Acids, Health Supplements, Herbal Extracts, Nucleotides, Proteins, Sports Nutrition, and Vitamins.

For the Financial Year 2024, Chemkart's revenue from operations was ₹132.03 million, up from ₹131.38 million in FY23 and ₹86.98 million in FY22, demonstrating a CAGR of 23.20% between FY22 and FY24. Revenue from operations for the period ended September 30, 2024, was ₹113.13 million.

Chemkart targets the Business-to-Business (B-to-B) platform, providing ingredients for manufacturing finished supplements. Their customer-centric approach aims to fulfill daily and aspirational needs with a focus on variety, affordability, quality, and convenience. Chemkart maintains strong relationships with both customers and suppliers, enhancing supply chain processes. The company operates from its registered office in Mumbai and a warehousing facility in Bhiwandi, Thane, covering approximately 28,259 sq. ft., which includes blending and grinding equipment.

Chemkart India Limited Financial Details

Category	March 2024	March 2023	March 2022
Total Assets	₹53.51	₹37.48	₹24.54
Total Revenue/Total Income	₹132.83	₹131.69	₹87.43
Profit After Tax	₹14.52	₹7.66	₹5.48
Net Worth	₹29.01	₹14.50	₹6.84
Total Borrowings	₹21.97	₹28.74	₹37.50

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
15.28	50.04%	30.55

Offer Objectives

The offer objects consist of equity shares held by promoters and other shareholders. Mr. Ankit Shailesh Mehta and Ms. Parul Shailesh Mehta each held 47,49,465 shares, representing 50% of the pre-offer equity share capital. Mr. Shailesh Vinodrai Mehta held a negligible amount of shares.

Key transactions include bonus issues on December 27, 2024, where Mr. Ankit Shailesh Mehta and Ms. Parul Shailesh Mehta each received 40,70,970 and 40,71,000 shares respectively. The promoters’ contribution is locked in, with up to 26,00,000 shares locked in for three years to meet the minimum 20% post-offer requirement.

Shares exceeding the minimum promoters’ contribution are subject to lock-in as per SEBI ICDR regulations, with 50% locked in for two years and the remaining 50% for one year. The entire pre-issue capital held by non-promoters is locked in for one year. A portion of equity shares allotted to Anchor Investors under the Anchor Investor Portion shall be locked -in for a period of 90 days from the date of Allotment and the remaining Equity Shares allotted to Anchor Investors under the Anchor Investor Portion shall be locked -in for a period of 30 days from the date of Allotment.

The company confirms compliance with SEBI ICDR regulations regarding lock-in, pledge, and transferability of equity shares. No buyback arrangements exist, and all offered equity shares will be fully paid-up.