Chemkart India Ltd IPO Details
IPO Open Date: 2025-07-07
IPO Close Date: 2025-07-09
Price Band: ₹236 to ₹248 per share
Issue Size: ₹80.18 crores (Fresh Issue: ₹64.48 crores, Offer for Sale: ₹15.60 crores)
Lot Size: 600 shares (₹148,800)
Listing Date: 14 Jul 2025 (tentative)
Chemkart India Ltd is set to launch its Initial Public Offering (IPO) soon, offering investors an opportunity to be part of a growing company in the nutraceutical and health supplement sector. This blog post provides a comprehensive overview of Chemkart India Ltd, its business model, financial performance, and the details of its upcoming IPO.
About Chemkart India Ltd
Chemkart India Ltd is a Mumbai-based company specializing in the import, manufacturing, and wholesale supply of high-quality Food and Nutraceutical Ingredients. Established in 2016, the company has positioned itself as a key player in bridging the gap between global ingredient manufacturers and the Indian market. Their product portfolio includes Amino Acids, Health Supplements, Herbal Extracts, and Nucleotides, catering to a wide range of industries.
Business Model and Strengths
Chemkart India Ltd operates on a B2B model, serving various industries with essential ingredients. The company’s strengths lie in its comprehensive product portfolio, strong supply chain management, and focus on quality and customer satisfaction. They aim to meet the evolving demands of the health and wellness sector in India.
Financial Performance
Chemkart India Ltd has shown significant growth, with revenue growing at a CAGR of 24.39% from FY 2023 to FY 2025. The company’s focus on quality, variety, and convenience has contributed to its strong performance. As of March 31, 2024, the annual revenue was ₹133 Cr. The company’s financials indicate a robust position in the market, with a commitment to transparency and consistent growth.
Investment Analysis
Strengths:
Diversified Nutraceutical Portfolio: Chemkart India Ltd offers a wide range of products across key categories, ensuring broad customer reach and catering to diverse needs in the health and wellness sector.
In-house Processing Facility: The company’s own facility allows for hygienic blending, grinding, and packaging, ensuring high-quality products and efficient operations.
Strong B2B Relationships: Established ties with businesses in the nutraceutical space drive long-term value and stable revenue streams.
Strategic Location: Proximity to Mumbai port facilitates efficient logistics and supply chain management.
Early Trend Identification: The ability to identify and respond to market trends quickly enables faster product launches and a first-mover advantage.
Risks:
Supplier Dependence: Reliance on a few suppliers without long-term contracts could lead to operational disruptions.
Reliance on Imports: Heavy dependence on Chinese imports exposes the company to geopolitical and supply chain risks.
Limited Nutraceutical Experience: While growing, the company’s relatively limited experience in the broader nutraceutical market may affect compliance and market response.
Rented Office Space: Loss of rented office space could disrupt operations and increase costs.
Customer Concentration: A high dependence on a few customers and the absence of long-term contracts may impact revenue stability.
Related Party Transactions: Such transactions could potentially affect business and financial performance.
Negative Cash Flows: Recent negative cash flows might impact future growth and stability.
Investors should carefully weigh these strengths and risks before making an investment decision.
Conclusion
Chemkart India Ltd’s IPO presents an interesting opportunity for investors looking to enter the rapidly expanding nutraceutical market. As with any investment, it is crucial to conduct thorough due diligence and consult with a financial advisor before making any decisions.