Safex Chemicals (India) Limited IPO
Safex Chemicals (India) Limited IPO
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Business Overview

The company is a specialty chemicals enterprise with a strong focus on agrochemicals and an integrated presence across the agrochemical value chain. It operates through a differentiated business model that leverages internal synergies across its verticals. The business is structured into three key segments: branded formulations, specialty chemicals, and contract development and manufacturing (CDMO), serving both farmers and global agrochemical companies. Over the years, the company has expanded its operations through organic and inorganic growth, transforming from a pure-play branded agrochemical formulation player into a diversified specialty chemicals company with well-integrated business verticals.

Safex Chemicals IPO Size

Fresh Issue
₹450 Cr (TBA Shares)
Offer For Sale
Rs. TBA Cr (3.57 Cr Shares)

Objects of Issue

  1. Repayment/prepayment of certain of or all of borrowings availed by Company and its subsidiary
  2. General corporate purposes

Safex Chemicals IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Safex Chemicals IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 1,584.78 1,404.59 1,161.02
PAT 13.90 -13.81 20.72
Net Worth 611.46 626.15 648.88
Borrowings 830.39 677.09 680.22
Assets 2,084.36 1,923.43 1,905.17
NAV (₹) 41.88 41.96 42.40
EPS (₹) -0.89 -1.42 -0.07

Key Performance Indicators (KPIs)

EBITDA

14.70%

PAT

-0.90%

ROE

-2.12%

ROCE

10.65%

Net Debt to Equity

0.95

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

54.30%

Public

45.70%

Neeraj Jindal 10.43%
Piyush Jindal 10.43%
Rajesh Jindal 9.63%
Surinder Chaudhary 7.48%
Others 16.33%

Management

Surinder Chaudhary
Chairman
Neeraj Jindal
MD
Piyush Jindal
Joint MD & CFO

Registrar & Lead Managers

Company Details

Name: Safex Chemicals (India) Limited

Address: 4th & 5th Floor, Block-A, NDM-1, Netaji
Subash Place, North West, Delhi – 110
034, India

Number: +91 11 6610 5000

Email: cs@safexchemicals.com

Website: www.safexchemicals.com

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