Dorf-Ketal Chemicals India IPO Details
MAINBOARD
Dorf-Ketal Chemicals India IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
Pre-issue shareholding stands at 49,35,30,960, which will increase to 49,35,30,960 post-issue.
The Lead Managers for Dorf-Ketal Chemicals India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is HSBC Securities & Capital Markets Pvt Ltd, Jm Financial Ltd, Citigroup Global Markets India Pvt Ltd, JP Morgan India Pvt Ltd, Morgan Stanley India Company Pvt Ltd, Motilal Oswal Investment Advisors Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Dorf-Ketal Chemicals India Limited DRHP.
Dorf-Ketal Chemicals India IPO Details
Dorf-Ketal Chemicals India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Dorf-Ketal Chemicals India IPO Reservation
Promoter Holding
Documents
Dorf-Ketal Chemicals India IPO Valuations
Dorf-Ketal Chemicals India Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 6,875.21 | 5,049.84 | 4,143.49 | 2,532.61 |
| Revenue | 3,022.83 | 5,559.6 | 3,898.4 | 2,632.68 |
| Profit After Tax | 214.57 | 595.61 | 480.57 | 284.12 |
| Net Worth | 2,438.65 | 2,425.44 | 1,891.05 | 1,467 |
| Reserves and Surplus | 2,232.81 | 2,200.11 | 1,647.35 | 1,219.31 |
| Total Borrowing | 3,207.37 | 1,533.6 | 1,432.5 | 493.02 |
| Amount in ₹ Crore | ||||
About Dorf-Ketal Chemicals India IPO
Incorporated in 1992, Dorf-Ketal Chemicals India Limited is engaged in the business of manufacturing and supplying of specialty chemicals across the hydrocarbons and industrial supply chains, including the oil and gas, refining and petrochemicals industries.
The company’s specialty chemicals portfolio includes hydrocarbons-related chemicals like oil field, refinery, and fuel additives, as well as industrial chemicals like organometallic titanates, PVF, OBA, and lubricant additives.
As of October 31, 2024, the company operates 16 manufacturing facilities in four countries, including eight in India, with 542 global patents, including 99 in the U.S., and 29 in India.
The company operates R&D facilities in India, Singapore, Canada, and Brazil, developing proprietary technologies like ACtify®, TANSCIENT™, and HCR-7000 for sustainability.
During the six months ended September 30, 2024, the company served 1,322 customers through 16 facilities worldwide. The top 10 customers contributed 33.03% of the company’s revenue during this period.
Products and Services:
- Specialty Chemicals for Hydrocarbons: The company provides specialty chemicals for oilfields, fuel additives, refinery processes, and petrochemicals, including corrosion inhibitors, demulsifiers, antioxidants, dehazers, and Actify® solutions to improve efficiency and product quality.
- Industrial Specialty Chemicals: The company provides industrial specialty chemicals, including organometallic titanates, PVF for coatings, optical brighteners for fabrics and paper, and lubricant additives to enhance performance and extend life in various applications.
As of September 30, 2024, the company had 1,981 full time employees and 1,093 Contract workers.
Competitive Strengths:
- Notable market presence with a diverse portfolio of products for specialty chemicals catering to various industries and geographies.
- Strong R&D capabilities driving product innovation based on customer needs.
- Long-standing and strong relationships with the customers.
- Global network of manufacturing facilities.
- Proven track record of acquiring and integrating businesses.
- Track record of delivering growth and profitability.
Strength Of Dorf-Ketal Chemicals India IPO
Risk Of Dorf-Ketal Chemicals India IPO
Objectives Dorf-Ketal Chemicals India IPO
- Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company
- Investment in the Subsidiary, Dorf Ketal Chemicals FZE for repayment/prepayment, in full or part, of all or certain of its outstanding borrowings
- General corporate purposes.
Company Contact Details
Dorf-Ketal Chemicals India Limited
Plot No. 2, Block - F, Sector 12 N,
Adani Port & SEZ Ltd.,
Mundra,
Kachchh, Gujarat
Phone: +91 22 4297 4907
Email: compliance@dorfketal.com
Website: http://www.dorfketal.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Dorf-Ketal Chemicals India IPO - FAQs
The Dorf-Ketal Chemicals India IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹5,000.00 Cr. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.