Chemkart India IPO: GMP, Overview, And Price

Chemkart India IPO- Complete Overview

Chemkart India IPO under the SME IPO category is a book build issue of Rs. 80.08 Cr by Chemkart India Limited. The company was founded in 2015 and operates as a dedicated distributor of premium food and health ingredients. The firm connects leading international manufacturers of raw materials with domestic customers in a range of industrial segments.

Operating within the B2B sector, the company provides ingredients for the manufacture of dietary supplements such as sports drinks, wellness blends, vitamins, and protein formulas. 

Products:

1. Health Supplement

2. Amino Acid

3. Herbal Extract

4. Nucleotide

5. Protein

6. Sports Nutrition

7. Vitamins 

 

Chemkart India IPO Overview

The Chemkart India IPO date is on 07 July 2025, and its initial public offering will end on 09 July 2025. 

The Rs. 80.08 Crore new SME IPO comprises a combination of a fresh issue of 26 lac Shares (Rs. 64.48 Cr) and an offer for sale (OFS) of 6.29 lac Shares (Rs. 15.60 Cr). The Chemkart India IPO price is Rs. 236 to Rs. 248 for each Share. 

The Chemkart India IPO listing date (expected) might be on Monday, Jul 14, 2025, and listing at the BSE and SME.

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Company Financial

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	86.12	53.51	37.48
Total Revenue	205.46	132.83	131.69
PAT	24.26	14.52	7.66
Net Worth	53.29	29.01	14.50
Reserves & Surplus	43.79	27.66	13.14
Borrowings	17.03	12.55	11.33

 

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	396.95	(2.34)	5.90
Net Cash Flow Investing Activities	(425.06)	(18.77)	(526.35)
Net Cash Flow Financing Activities	304.61	15.38	532.78

 

Revenue Bifurcation

Product-wise Revenue Breakdown

(Amount in Lakhs)

 

Sales-wise Revenue Bifurcation

(Amount in Lakhs)

 

Geography-wise Revenue Bifurcation
(Amount in Lakhs)

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Investing in Easy Raw Materials Private Limited, a wholly-owned subsidiary (WOS), to finance the capital expenditure for the establishment of the manufacturing facility.

• Repayment or early repayment of all or a portion of the company's borrowed funds.

• General corporate purposes.
  
  

Click to check the IPO application status.

 

Listed Peers of Chemkart India Ltd.

No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.

 

Evaluation

The Chemkart India Limited IPO price is Rs. 236 to Rs. 248 for each Share.

Evaluation of P/E Ratio

Considering the FY ended on 31 Mar 2025 with an EPS of Rs. 25.54 from the last year, the resulting P/E ratio is 9.71x.

Considering the weighted EPS of Rs. 19.21 for the last three years, the P/E ratio is 12.90x.

Explore the Neetu Yoshi IPO.

IPO's Strengths

• To satisfy different market demands, a wide variety of products are offered.

• Centralized facilities for inventory control, processing, and storage.

• Every consumer regularly receives benefits that are obvious and observable.

• Technology friendly.

• Location advantage.

 

 

IPO’s Weaknesses

• The company continues to rely mostly on imports from China, which supplies a significant portion of our supplied materials.  As a result, any future geopolitical unrest may jeopardize delivery, which would therefore affect our business operations and earnings.

• The company has experienced negative cash flows in the previous years.

• Dependence on global freight rates.
  
  

Chemkart India IPO GMP

Chemkart India IPO GMP is Rs. 0 as of 01 Jul 2025 at the time of writing this information.

IPO Timetable (Tentative)

The Chemkart IPO date of opening is from Jul 07 to Jul 09, 2025, allotment on Jul 10, refund initiation on Jul 11, and listing on Jul 14, 2025.

Events	Date
IPO Opening Date	Jul 07, 2025
IPO Closing Date	Jul 09, 2025
IPO Allotment Date	Jul 10, 2025
Refund Initiation	Jul 11, 2025
IPO Listing Date	Jul 14, 2025

 

Chemkart India IPO Details

The IPO with a Face Value of Rs. 10 per share offers a total issue size of 32,29,200 Shares (Rs. 80.08 Cr) with a market maker portion of 1,66,200 Shares (Rs. 4.12 Cr).

IPO Opening & Closing Date	07 Jul, 2025 to 09 Jul, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 236 to Rs. 248 per Share.
Lot Size	600 Shares
Issue Size	32,29,200 Shares (Rs. 80.08 Cr)
Offer for Sale	6,29,200 Shares (Rs. 15.60 Cr)
Fresh Issue	24,33,800 Shares (Rs. 60.36 Cr)
Listing at	BSE, SME
Issue Type	Book Built Issue
Registrar	Bigshare Services Pvt Ltd.

 

 

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (1200 Shares) for Rs. 2,97,600 and in multiples thereof, while for HNI investors, the minimum Lot is 3 (1800 Shares) for Rs. 4,46,400.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
HNI (Min)	3 Lots

 

IPO Reservation (% of Net Issue)

Institutional’s Portion	47.10%
Retail’s Portion	33.41%
Non-Institutional Portion	14.34%

 

Promoters And Management of Chemkart India Ltd.

• Mr. Ankit Shaileesh Mehta

• Ms. Parul Shaileesh Mehta

• Mr. Shaileesh Vinodrai Mehta

Pre-Issue Promoter Shareholding	100%
Post-Issue Promoter Shareholding	-

 

IPO Lead Managers

• Smart Horizon Capital Advisors Private Limited.

 

 

Dividend Policy

The company has not declared dividends in the last three fiscal years.

 

Conclusion

The Chemkart India IPO signals a potential entry point into the expanding B2B market for health and food ingredients. Supported by solid revenue gains, an integrated warehousing and logistics network, and a broad product portfolio, the issue distinguishes itself within the SME segment. Heavy dependence on imported materials and shifting freight costs remain significant risks.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.