Yasons Chemex Care Limited IPO
i. Yasons Chemex Care is in the business of manufacturing of;
a) dyes and pigment paste; and
b) FMCG products.
ii. Within dyes, they manufacture wide range of dyes such as reactive dyes, direct dyes, basic dyes, vat dyes and food colorants. The dyes manufactured by the Company can be broadly classified under the following type
(a) natural dyes,
(b) synthetic dyes, and
(c) synthetic organic dyes.
iii. The Company manufactures multiple shades of dyes. The Company also manufactures a wide range of pigment paste from various chemicals.
iv. Within FMCG they manufacture or package products such as hair oil, perfumes & deodorant, handmade soap, sanitizer, etc., under our own brand name “PLXO”.
v. The company also trade in both dyes, pigment and pigments paste, which is primarily for meeting customer requirements. Some of their customers require a range of dyes or pigment paste besides the products they manufacture and sell. In these cases, they purchase the products, which are not manufactured by us and cater to the entire requirements of the customers.
vi. With the wide range of products, they offer colorsolutions directly or indirectly (trader) for various industries like textile, paper, paints, inks, soap, plastic, wood, detergents and FMCG.
Competitive Strengths
i. Focus on Quality & Innovation
ii. Experienced Director
iii. Locational Advantage
Objects of the Yasons Chemex Care Limited IPO:
Yasons Chemex Care Limited IPO Details:
Open Date: | Jul 24 2023 |
Close Date: | Jul 26 2023 |
Total Shares: | 5,142,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 20.57 Cr. |
Lot Size: | 3000 Shares |
Issue Price: | ₹ 40 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Aug 03 2023 |
Promoters And Management:
Financials of Yasons Chemex Care Limited IPO:
Pariculares ( In Crore ) |
2020 |
2021 |
2022 |
2023 |
Revenue from Operations | 19 | 18 | 25 | 37 |
Other Income | 0.2 | 0.2 | 1 | 4 |
Total Revenue | 20 | 18 | 26 | 41 |
Cost of material consumed | 10 | 13 | 16 | 25 |
Purchase of Stock-in-Trade | 8 | 3 | 6 | 15 |
Changes in Inventories | -0.6 | -0.08 | 0.13 | -4.7 |
Employee Benefits Expense | 0.14 | 0.07 | 0.16 | 0.14 |
Other Expenses | 0.19 | 0.54 | 0.44 | 0.62 |
EBITDA | 1.7 | 2 | 3 | 5 |
Depreciation & Amortisation | 0.11 | 0.14 | 0.12 | 0.10 |
Finance Cost | 0.05 | 0.23 | 0.35 | 0.41 |
EBIT | 2 | 2 | 3 | 5 |
OPM (%) | 8.91% | 12.17% | 11.45% | 11.53% |
PBT | 2 | 2 | 3 | 4 |
Tax | 0.4 | 0.6 | 0.6 | 0.8 |
PAT | 1 | 1 | 2 | 3 |
NPM (%) | 5.89% | 6.95% | 7.47% | 8.37% |
No.of Shares | 1.93 | 1.93 | 1.93 | 1.93 |
EPS | 0.59 | 0.64 | 1.01 | 1.77 |
Comparison With Peers:
Name of the Company |
Revenue (In Crore) |
PAT (In Crore) |
EPS ( in Rs) |
P/E |
CMP |
Mcap (In Crore) |
Yasons Chemex Care Limited | 37 | 3 | 1.77 | 22.5 | 40 | 77 |
Mahickra Chemicals Limited | 103 | 3 | 4.04 | 20.3 | 81.8 | 67 |
Meghmani Organics Ltd | 2,553 | 238 | 9.35 | 9.4 | 82.4 | 2,096 |
Kiri Industries Limited | 945 | 107 | 20.58 | 13 | 268 | 1,387 |
Ushanti Colour Chem Limited | 44 | 0.98 | 0.95 | 66.2 | 63 | 65 |
Lead Manager of Yasons Chemex Care Limited IPO:
Registrar of Yasons Chemex Care Limited IPO:
Company Address:
Discussion on Yasons Chemex Care Limited IPO:
2 Comments
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Company is asking ~3.5 Cr in issue expense to raise 20 Cr.
https://twitter.com/_InvestorZone/status/1682967572742848512?t=Rxu_iR3K0uc7RUaWQjuLDw&s=08