Patron Exim Limited IPO Date, Allotment, and All Details
Patron Exim Limited
Patron Exim Ltd. (PEL) trades and distributes a variety of pharmaceutical raw materials, sometimes referred to as industrial chemicals, excipients,and solvents, generally known as APIs (Active Pharmaceutical Ingredients). At the moment, its product line includes about 150 AIPs, excipients, pharmaceutical chemicals, and intermediates.
Petrochemicals, Dyes & Pigment Chemicals, Paints & Specialty Chemicals, Agricultural Chemicals, Oil & Refinery Chemicals, Foam & Adhesive, Plywood & Laminates Chemicals,and many other chemicals are traded by PEL. Chemicals used in the food sector and water treatment are also included, as are chemicals used in resins and plastics, polymers, and additives, among other things. The company's business expansion is situated in Gujarat's Ahmedabad region as of the prospectus's publication date. On its payroll as of December 22, 2022, there were 9 people.
The group has other companies that are engaged in analogous business and may pose a clash of interests.. They are Earum Pharmaceuticals Ltd., Evoq Remedies Ltd. and Auxilia Pharmaceuticals Pvt. Ltd. and Madrid Diamond Pvt. Ltd. is also an associate company.
Patron Exim Limited IPO Detail
Industrial chemicals, excipients, and solvents, sometimes known as APIs, are traded and distributed by Patron Exim Ltd, an Ahmedabad-based business established in 1992. (Active Pharmaceutical Ingredients).
Patron Exim has a product portfolio that includes around 150 AIPs, excipients, pharmaceuticals, and intermediates. Also traded by the company are petrochemicals, dyes and pigments, paints and specialty chemicals, agrochemicals, oil and refinery chemicals, foam and adhesive, and chemicals used in plywood and laminate. The organisation employs a total of 09 permanent workers throughout its departments.
Company Financials
Period End | Total Assests |
Total Revenue | Profit After Tax |
Net Worth | Total Borrowing |
---|---|---|---|---|---|
31 Mar 2020 | 1,634.01 | 2,516.44 | 2.20 | 259.43 | 137.18 |
31 Mar 2021 | 810.93 | 2,053.72 | 7.31 | 270.43 | 236.99 |
31 Mar 2022 | 1,464.57 | 501.61 | 83.11 | 514.46 | 0.00 |
30 Nov 2022 | 2,447.61 | 1,054.12 | 145.41 | 1625.87 | 617.64 |
Amount in ₹ Lakhs
Objects of the Issue
The following goals are where the Company plans to apply the net proceeds from the issue:
- 1. Requirement of working capital
- 2. General Corporate Purpose,
- 3. Meeting Public Issue Expenses.
IPO Date | Feb 21, 2023, to Feb 24, 2023 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹27 per share |
Lot Size | 4000 Shares |
Issue Size | 6,180,000 shares of ₹10 (aggregating up to ₹16.69 Cr) |
Offer for Sale | 6,180,000 shares of ₹10 (aggregating up to ₹16.69 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
NII (HNI) Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Market Maker | SUNFLOWER BROKING PVT. LTD. |
Company Promoters | Mr. Narendrakumar Gangaramdas Patel and Mrs.
Sushilabahen Narendrakumar Patel are the promoters of the company. |
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