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12 August 2023

Yasons Chemex Care Limited IPO: Colouring Success Through Diverse Ventures

Introduction:

Incorporated in 2017, Yasons Chemex Care Limited is a dynamic player in the manufacturing sector. The company engages in the production of dyes, pigment paste, and Fast Moving Consumer Goods (FMCG) products. With a commitment to excellence and innovation, Yasons Chemex Care has carved a niche for itself in its relatively short journey.

Diverse Product Portfolio:

Yasons Chemex Care's prowess spans across multiple segments. In the dyes realm, the company offers an extensive array of products, including basic dyes, reactive dyes, food colorants, direct dyes, and vat dyes, showcasing a rich spectrum of shades. Their dye manufacturing expertise encompasses natural, synthetic, and synthetic organic dyes, further showcasing their versatility.

In addition to dyes, the company is engaged in the manufacturing of pigment paste derived from various chemicals. This underscores their dedication to providing a comprehensive range of solutions to industries. The FMCG product line of Yasons Chemex Care includes hair oil, perfumes, deodorant, handmade soap, sanitizers, and more, all marketed under their brand name "PLXO."

Strong Market Presence:

The products crafted by Yasons Chemex Care find application across diverse industries such as textiles, paper, paints, inks, soap, plastics, wood, detergents, and FMCG. This widespread utilization speaks to the quality and utility of their offerings.

Manufacturing Excellence:

Yasons Chemex Care operates two state-of-the-art manufacturing facilities in Gujarat. The first facility, situated at A-1/329, Phase-II, G.I.D.C, Vatva, Ahmedabad, is dedicated to dye and pigment paste production. This facility boasts an impressive installed capacity of 650 MTPA per annum. The second manufacturing unit, located at 22, Shreeji Krupa Estate, Tajpur Road, Changodar, is focused on FMCG product manufacturing.

IPO Details:

The Yasons Chemex Care IPO, a Fixed Price Issue, comprises a total issue size of ₹20.57 Crores. Priced at ₹40 per share, the IPO subscription window was open from July 24, 2023, to July 26, 2023. The anticipated listing date on NSE SME is August 3, 2023.

Promoter Holding:

Yash Chemex Limited is the promoter of Yasons Chemex Care Limited.

Financial Highlights

The company's financial performance showcases its growth trajectory:

Total Assets	₹2,058.07 Lakhs to ₹2,758.59 Lakhs
Total Revenue	₹1,961.55 Lakhs to ₹4,100.64 Lakhs
Profit After Tax	₹115.51 Lakhs to ₹343.16 Lakhs
Net Worth	₹1,407.14 Lakhs to ₹2,072.04 Lakhs

Expert Insights:

Yasons Chemex Care Limited is a subsidiary of YCCL, a listed company that has garnered investor trust since its listing. Operating in the promising sectors of dyes, pigments, and FMCG products, YCCL presents a positive outlook. While the IPO is priced reasonably, investors may consider participation for potential medium to long-term rewards.

Conclusion:

The Yasons Chemex Care Limited IPO presents investors with an opportunity to become part of a versatile manufacturing enterprise with a focus on quality and innovation. With its diverse product range, strong market presence, and solid financial performance, Yasons Chemex Care is poised for further growth. Investors who resonate with the company's business model and expansion plans may consider exploring this IPO for potential long-term gains.

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