Yasons Chemex Care Limited

Yasons Chemex Care Limited IPO Review, Date, Price, GMP

Yasons Chemex Care Limited is a company involved in the manufacturing of dyes and pigment paste, as well as the production and packaging of FMCG (Fast-Moving Consumer Goods) products under the brand name “PLXO.”

In the field of dyes, Yasons Chemex Care Limited brags a diverse range, which includes reactive dyes, direct dyes, basic dyes, vat dyes, and food colorants. These dyes are additionally classified into natural dyes, synthetic dyes, and synthetic organic dyes. The company takes pride in offering a wide array of shades for its manufactured dyes.

In addition to its dye manufacturing, Yasons Chemex Care Limited produces pigment paste derived from various chemicals.

The FMCG segment of the company involves the manufacture and packaging of various products like hair oil, perfumes & deodorant, handmade soap, and sanitizer, all of which are sold under the brand name “PLXO.”

With its wide range of products and offerings, the company provides color solutions directly or indirectly (as a trader) to several industries, including textiles, paper, paints, inks, soaps, plastics, wood, detergents, and FMCG.

Yasons Chemex Care Limited has obtained ISO 9001:2015 certification for Unit II, signifying its adherence to a quality management system for the products manufactured at that facility. Moreover, the company has obtained various permissions and licenses from the Government of Gujarat for manufacturing sanitizers, hair oil/cream/shampoo/lotion, and cosmetics.

As a subsidiary of Yash Chemex Limited (YCL), a BSE Mainboard Platform-listed company, Yasons Chemex Care Limited enjoys synergistic benefits from YCL’s extensive experience in trading dyes, chemicals, and intermediates for various industries, such as textile and garment, water treatment, laminate, agrochemicals, adhesives, and metal.

Yasons Chemex Care Limited IPO Complete Details:

IPO Date24 July 2023 to 26 July 2023
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Face Value10 Rs. Per Share
Price40 Rs.
Lot Size3000
Issue Size5,142,000 shares (Rs.20.57 Cr)
Fresh Issue5,142,000 shares (Rs.20.57 Cr)
Listing Date03 August 2023

Yasons Chemex Care Limited IPO Timetable:

ActivityDate*
Opening Date24 July 2023
Closing Date26 July 2023
Allotment31 July 2023
Initiation of Refunds01 August 2023
Credit of Shares to Demat Account02 August 2023
Listing Date03 August 2023
* Date May Change

Company Financial Details:

Period EndedAssetsRevenueProfit After TaxNet WorthBorrowings
31 March 20202,058.071,961.55115.511,407.1446.16
31 March 20212,558.261,804.79125.351,532.94269.04
31 March 20222,779.282,617.01195.411,728.57281.40
31 September 20223,023.901,471.59268.851,997.44307.59
Amount In Lakhs

AS OF NOW, the GMP OF Yasons Chemex Care Limited is Around 10 Rs.

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