Satol Chemicals IPO Details
SME
Satol Chemicals IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.
Satol Chemicals IPO price band has been fixed at ₹72 – ₹72 per share.The face value is ₹10 per share with a lot size of 1600.
Pre-issue shareholding stands at 1,11,55,762, which will increase to 1,53,55,762 post-issue.
The Lead Managers for Satol Chemicals 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 Finshore Management Services Limited. 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 Satol Chemicals Limited DRHP.
Satol Chemicals IPO Details
Satol Chemicals IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Satol Chemicals IPO Reservation
Promoter Holding
Documents
Satol Chemicals IPO Valuations
Satol Chemicals Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 33.75 | 28.77 | 24.15 | 17.4 |
| Total Income | 29.62 | 47.42 | 42.28 | 17.1 |
| Profit After Tax | 3.11 | 5.52 | 1.95 | 0.66 |
| Net Worth | 17.93 | 7.97 | 2.45 | 0.5 |
| Reserves and Surplus | 17.91 | 7.96 | 2.44 | 0.49 |
| Total Borrowing | 3.26 | 10.31 | 10.63 | 11.14 |
| Amount in ₹ Crore | ||||
About Satol Chemicals IPO
Incorporated in 1999, Satol Chemicals Limited is engaged in the business of manufacturing specialty cleaning and hygiene solutions in India.
The company serves various industrial sectors, including breweries, beverages, dairy, food processing, poultry, fisheries, water treatment, and machinery.
In recent years, Satol has expanded its services to institutional cleaning, catering to commercial laundry, facility management, hospitality, healthcare, retail, education, government, and food services.
The company's manufacturing plant is located in Valsad, Gujarat, and holds GMP and FDA certifications, ensuring adherence to high-quality and safety standards.
Product Portfolio:
- Industrial Products: Alkaline and acidic cleaners, lubricants, descalers, foam cleaners, defoamers, antiscalants, and disinfectants.
- Housekeeping Products: Bathroom and floor cleaners, shampoos, detergent powders, fabric softeners, glass cleaners, grill cleaners, and room fresheners.
- Drug and Cosmetics Products:Hand washes, hand sanitizers, germicidal cleaners, and disinfectant floor cleaners ensure top-tier quality and safety across all our product lines.
As of December 31, 2024, the Company has employed a total of 126 employees.
Competitive Strength:
- Experienced Promoter and Management Team
- A Diversified Product Portfolio Catering to Industry Needs
- Strong R&D capabilities and Excellence in Quality Control
- Efficient Effluent and Logistic Management
- Expanding Geographical Reach and International Presence
Strength Of Satol Chemicals IPO
Risk Of Satol Chemicals IPO
Objectives Satol Chemicals IPO
1. Part Funding Capital Expenditure towards setting up new manufacturing facility
2. General Corporate Expenses
Company Contact Details
Satol Chemicals Ltd.
102, 1st Floor, Shreemad Gokul Apartments,
CHS Ltd Near MCF Club,
Off S V Road, Borivali (West)
Mumbai, Maharashtra, 400092
Phone: +91 7045991153
Email: cs@satol.net
Website: https://www.satol.net/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
To be announced
Read more about Satol Chemicals Limited IPO
- Satol Chemicals Limited IPO Detail
- Satol Chemicals Limited IPO Subscription Detail
- Satol Chemicals Limited IPO GMP Detail
- Checked Live Satol Chemicals Limited IPO Allotment Status
- Satol Chemicals Limited IPO Basis Of Allotment
- Satol Chemicals Limited IPO Price Calculator
- Satol Chemicals Limited IPO Stock Price