1.Company Information
Incorporated in 1997, Deepak Chemtex Limited is engaged in the business of manufacturing colorants for applications in Food, Drug, Cosmetics, Cleaning compounds, Agriculture, and other industries.
The company manufactures FDC (Food, Drug, and Cosmetic) colors used in confectionary, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products. It also manufactures salt-free dyes used in the inkjet industry, pond dyes used in ponds, lakes, swimming pools, etc, and other colorants used in car wash products, portable sanitation cleaners, detergent & soap, fuel, oil & lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes, etc.
Deepak Chemtex's manufacturing unit is located in Ratnagiri District in Maharashtra with a production capacity of over 1200 metric tonnes per annum. It is equipped with glass-lined reactors, boilers, and stainless steel equipment and gets audited regularly by its clients from the USA and EU. The facility is ISO 9001:2015 accredited. The manufacturing unit has also received a HALAL certificate which guarantees that the food is prepared per Islamic law and is unadulterated and a KOSHER certificate that a particular food item or product has been prepared per the Dietary Laws of Judaism.
2. Objects of the Issue
1. Funding capital expenditure towards the installation of plant & machinery in our existing premises.
2. Investment in its subsidiary DCPL Speciality Chemicals Private Limited for financing its capital expenditure towards the installation of plant and machiner
3. General Corporate Purpose,
4. Meeting Public Issue Expenses.
3.Deepak Chemtex IPO Registrar
Bigshare Services Pvt Ltd
Phone:: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html