Safex Chemicals (India) Limited IPO

Safex Chemicals (India) Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹450.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

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.

Objects of Issue

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

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

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.

Shareholding

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

Registrar

KFin Technologies

KFin Technologies

Frequently Asked Questions

What is Safex Chemicals IPO?
Safex Chemicals IPO is a Mainboard IPO having an issue size of ₹450.00 Crs. Safex Chemicals IPO is priced at ₹ - ₹ per share. The issue opens on 05 Apr 26 and closes on 05 Apr 26.
When will Safex Chemicals IPO open?
Safex Chemicals IPO opens on 05 Apr 26 and closes on 05 Apr 26.
What is the GMP of Safex Chemicals IPO?
The estimated Grey Market Premium of Safex Chemicals IPO is ₹0 per share (-).
What is the lot size of Safex Chemicals IPO?
The minimum lot size of Safex Chemicals IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Safex Chemicals IPO?
The allotment date of Safex Chemicals IPO is 05 Apr 26.
What is the listing date of Safex Chemicals IPO?
The listing date of Safex Chemicals IPO is 05 Apr 26.
What is the subscription of Safex Chemicals IPO?
Safex Chemicals IPO is subscribed -.
What is the price band of Safex Chemicals IPO?
Safex Chemicals IPO is priced at ₹ - ₹ per share.
How to check allotment status of Safex Chemicals IPO?
Click the allotment link on Safex Chemicals IPO page of IPO360.
How to apply Safex Chemicals IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Safex Chemicals IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Safex Chemicals IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Safex Chemicals IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date