Chemkart India IPO

Chemkart India Limited is a leading B2B distributor of food and health ingredients, serving supplement manufacturers across India. The company connects global suppliers with domestic industries, offering a range of high-quality amino acids, proteins, herbal extracts, vitamins, and sports nutrition. It operates from a modern warehouse facility in Bhiwandi and also offers in-house services like blending, packaging, and labelling.

Chemkart India Limited IPO Overview

Chemkart India IPO is a book-built issue amounting to ₹80.08 crores, comprising a fresh issue of 26.00 lakh shares aggregating to ₹64.48 crores and an offer for sale of 6.29 lakh shares aggregating to ₹15.60 crores. The IPO opens for subscription on July 7, 2025, and will close on July 9, 2025. The basis of allotment is expected to be finalised on July 10, 2025, and the shares are likely to be listed on the BSE SME platform on July 14, 2025.

The price band for the IPO is set between ₹236 to ₹248 per share. The minimum application lot consists of 600 shares, requiring an investment of ₹1,41,600. However, investors are advised to place bids at the cut-off price to mitigate oversubscription risk, which brings the suggested investment amount to ₹2,97,600 for 1,200 shares. For HNI investors, the minimum bid is 3 lots, equivalent to 1,800 shares and an investment of ₹4,46,400.

Smart Horizon Capital Advisors Private Limited is the book-running lead manager for this IPO, with Bigshare Services Pvt Ltd acting as the registrar. Alacrity Securities Ltd. has been appointed as the market maker for the issue.

Chemkart India Limited IPO Details

Particulars	Details
IPO Date	7 July 2025 to 9 July 2025
Listing Date	14 July 2025
Face Value	₹10 per share
Issue Price Band	₹236 to ₹248 per share
Lot Size	600 Shares
Total Issue Size	32,29,200 shares (₹80.08 Cr)
Fresh Issue	26,00,000 shares (₹64.48 Cr)
Offer for Sale	6,29,200 shares (₹15.60 Cr)
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	94,99,000 shares
Share Holding Post Issue	1,20,99,000 shares
Market Maker Portion	1,66,200 shares

Chemkart India Limited IPO Reservation

Investor Category	Shares Offered
Market Maker	1,66,200 (5.15%)
QIB	15,21,000 (47.10%)
NII (HNI)	4,63,200 (14.34%)
Retail	10,78,800 (33.41%)
Anchor Investors	9,11,400 (28.22%)

Chemkart India Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min & Max)	2	1,200	₹2,97,600
HNI (Min)	3	1,800	₹4,46,400

Chemkart India Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	100.00%
Post-Issue	TBD

Chemkart India Limited IPO Valuation Overview

KPI	Value
EPS (Post IPO)	₹20.05
Price/Earnings (Post)	12.37x
RoNW	45.52%
ROE	0.59%
ROCE	0.49%
EBITDA Margin	16.12%
PAT Margin	—
Debt to Equity Ratio	0.32
Price to Book Value	8.12
NAV	—

Objectives of the Proceeds

• Capital investment in manufacturing unit via subsidiary – ₹34.68 crores

• Repayment of existing borrowings of the company – ₹20.00 crores

• Funding for general corporate purposes and business expansion

Key Financials (in ₹ crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	86.12	53.51	37.48
Revenue	205.46	132.83	131.69
Profit After Tax	24.26	14.52	7.66
Reserves & Surplus	43.79	27.66	13.14
Total Borrowings	17.03	12.55	11.33