To apply for the Patel Chem Specialities IPO, investors need to log in to their trading or brokerage platform and navigate to the IPO section. After selecting "Patel Chem Specialities IPO" from the list of active issues, they must enter the desired number of lots (minimum lot size is 1,600 shares) and select a bid price within the range of ₹82 to ₹84 per share. Applicants should then provide their UPI ID to authorise the payment. It is important to ensure that sufficient funds are available in the linked bank account. After reviewing the details, the application can be submitted, followed by UPI mandate approval before 5 PM on July 29, 2025. Once confirmed, investors will receive a notification regarding the status of their IPO application.
For complete details on this public offering, visit the Patel Chem Specialities IPO page on Bajaj Broking’s website.
Patel Chem Specialities IPO Application Process
The Patel Chem Specialities IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Patel Chem Specialities IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1600 shares) within the price band of ₹82 to ₹84 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: Patel Chem Specialities IPO Investment Guide: Objectives & Opportunities
About Patel Chem Specialities IPO: Overview and Key Facts
Patel Chem Specialities Limited (PCSL), incorporated in 2008, operates in the speciality chemicals sector, manufacturing pharmaceutical excipients such as binders, disintegrants, thickeners, stabilisers, and gelling agents. The company’s facilities in Vatva (Ahmedabad) and Talod (Himmatnagar) are certified under standards like US-DMF and GMP, supporting the large-scale production of a range of products including Rheollose®, Disolwell®, Swellcal®, and AmyloTab™. These products serve diverse industries like pharmaceuticals, food, cosmetics, and industrial applications, and are exported to markets in East Asia, Europe, the Middle East, North America, and Southeast Asia.
The IPO is open from July 25 to July 29, 2025, with a price band set between ₹82 and ₹84 per share. The issue size comprises 70 lakh shares, aggregating up to ₹58.80 crore, and is listed on the BSE SME platform with Globalworth Securities Limited as the market maker. The minimum lot size for subscription is 1,600 shares, making participation accessible to retail investors and HNIs under defined quantity slabs.
Funds raised through the IPO will be utilised for capital expenditure related to the new manufacturing plant at Indrad, Mahesana, which will produce Croscarmellose Sodium (CCS), Sodium Starch Glycolate (SSG) with corn and potato starch bases, and Calcium Carboxymethylcellulose. Remaining proceeds are earmarked for general corporate purposes. Key milestones include a tentative allotment date of July 30, refund initiation by July 31, and planned listing on BSE SME by August 1, 2025.
To check your application status, visit the Patel Chem Specialities IPO Allotment Status page on Bajaj Broking’s website.