Satol Chemicals IPO Details

SME BSE

Satol Chemicals IPO Summary

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.

Satol Chemicals IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

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 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 Satol Chemicals Limited DRHP.

Satol Chemicals IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹72 - ₹72

Face Value

₹10 per share

Lot Size

1600 Shares

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Fixed Price Issue

Pre-issue Shareholding

1,11,55,762 shares

Post-issue Shareholding

1,53,55,762 shares

Total Issue Size

Fresh Issue

Offer for Sale

DRHP Status

Exchange Approval Received

Satol Chemicals IPO Lot Size

Application	Lots	Shares	Amount
To be announced

Satol Chemicals IPO Reservation

Promoter Holding

Pre Issue:

99.98%

Post Issue:

72.63%

Promoter Names:

Mr. Bhavesh Thakarshibhai Parsana, Mrs. Mayuri Bhavesh Parsana

Documents

DRHP

Satol Chemicals IPO DRHP

Satol Chemicals IPO Valuations

ROE106%

ROCE47.07%

DEBT/EQUITY1.29

RONW69.28%

PAT MARGIN11.64%

PRICE TO BOOK VALUE4.48

P/E Pre IPO14.55

P/E Post IPO17.77

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

To be announced

Risk Of Satol Chemicals IPO

To be announced

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

Name:

Kfin Technologies Ltd

Phone:

+91-40-67162222

Email:

satol.ipo@kfintech.com

Website:

https://ipostatus.kfintech.com/

Lead Mangers

Market Maker

To be announced

Satol Chemicals FAQs

The Satol Chemicals IPO is a SME public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹72 per equity share, and the minimum application size is 1600 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Satol Chemicals IPO opens on TBA.

Satol Chemicals IPO lot size is 1600, and the minimum amount required for application is ₹115200.

You may apply for the Satol Chemicals IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Satol Chemicals IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Satol Chemicals IPO allotment status for updates.

The listing date for the Satol Chemicals IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Satol Chemicals IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).