Safex ChemicalsIPO Will Open On ( Date ) And Close On ( Date ) .The 3,57,39,318 million Share . IPO Is A Book Build Issue, Consisting Entirely of A Fresh Issue 4,500 and offer for Sale 35,734,818 . Safex ChemicalsIPO Price Band Is Set At ₹- To ₹- Per Share.
The Allotment will Be Finalized On( Date ) and Listing date is Expected on The NSE BSE By ( Date ). Investor Quota like 50% QIB, 35% Retail, and 15% HNI Category.
Financial Year 2025 Company Posted a Revenue of ₹1,605.82 Cr. and A Net Profit of ₹-14.29 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
About Safex Chemicals Limited
Our Company was originally incorporated on d January 8, 1991 as ‘Safex Chemicals (India) Limited’ We are a specialty chemicals company with a focus on agrochemicals, and a presence across the agrochemical value chain. We have a differentiated business model and we leverage internal synergies within our business verticals.
We operate in three business verticals – branded formulation, specialty chemicals and contract development and manufacturing (“CDMO”) catering to the needs of farmers and global agrochemical companies.
We have significantly grown our operations over the years both organically and inorganically, evolving from a pure-play branded agrochemical formulation company to a specialty chemicals company, with internal synergies within our business verticals.
We have successfully integrated these companies with our operations to increase and diversify our revenues, customer base, geographic footprint and optimise our supply chain. As a result of our growth initiatives, our operations are spread across 22 countries.
In our branded formulation business, we have a robust product portfolio that comprises 140 products across insecticides, herbicides, fungicides, fertilizers and plant growth.
We have established a panIndia direct distribution network where we work directly with dealers, which provides us better control over our supply chain and a closer connect with farmers. Our network comprised over 14,950 active dealers who sell our products to farmers.
We export our products to over ten countries including Vietnam, Indonesia, Mexico, Bangladesh, Belgium and Brazil.
We have entered into a supply agreement with Godrej Consumer Products Limited (“Godrej”) for the supply of Renofluthrin to manufacture household insecticide
products and depend on our relationship with Godrej for our specialty chemicals business.
Safex ChemicalsIPO Dates & Price Band Details
| IPO Open Date | [.] |
|---|---|
| IPO Close Date | [.] |
| IPO Price Band | [.] to [.] per share |
| Face Value | ₹1 per equity share |
| Lot Size | - Shares |
| Minimum Investment | ₹- Thousand (for 1 lot at ₹-) |
| IPO Issue Type | Book Built Issue |
| IPO Issue Size | 3,57,39,318 shares (Approx ₹-Cr) |
| Fresh Issue | 4,500 shares (Approx ₹-Cr) |
| Offer For Sale | 35,734,818 shares (Approx ₹-Cr) |
| Employees Discount | ₹- per equity share |
| Retail Investor Quota | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing Exchange | NSE BSE |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
Objects Of The Issue
1. Repayment/prepayment, in part or full, of certain of or all of borrowings availed by: (a) our Company and (b) our Subsidiary, namely, Shogun Organics Limited (“Shogun Organics”), through investments in such Subsidiary.
2. General corporate purposes.
Safex ChemicalsIPO Financial Report (FY 2025)
Safex Chemicals Reported a total Revenue of ₹1,605.82 Cr. in FY 2025, Slightly up From ₹1,417.66 Cr. in FY 2024. The Company Net Profit Also Rose to ₹-14.29 Cr. From ₹-22.79 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 2,084.36 | 1,923.43 | 1,905.17 |
| Revenue | 1,605.82 | 1,417.66 | 1,167.47 |
| Profit After Tax | -14.29 | -22.79 | -1.02 |
| EBITDA | 233.03 | 118.65 | 149.06 |
| Net Worth | 611.46 | 626.15 | 648.88 |
| Reserves and Surplus | 656.47 | 657.84 | 664.85 |
| Total Borrowing | 830.39 | 677.09 | 680.22 |
| Amount in ₹ Crore |
Safex ChemicalsIPO Valuation Report – FY 2025 (KPI)
Check Detailed Safex ChemicalsIPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | -2.12% |
| Return on Capital Employed (ROCE) | 10.35% |
| EBITDA Margin | 14.70% |
| PAT Margin | -0.90% |
| Debt-to-Equity Ratio | 0.95 |
| Earnings Per Share (EPS) | (0.89) |
| Price to Earnings Ratio (P/E) | - |
| Return on Net Worth (RoNW) | (2.34%) |
| Net Asset Value (NAV) | 41.88 |
Qualitative Factors
- Differentiated Business Model with Presence Across the Agrochemical Value Chain.
- Unique multi-brand strategy with a Pan-India Direct Distribution Network in our Branded Formulation Business.
- Robust Product Portfolio in our Specialty Chemicals Business.
- CDMO Business with Established Relationships with Global Agrochemical Companies.
- Efficient Working Capital Cycle.
- Experienced Promoters and Senior Management Team and Investor.
Our Company Promoters
- Neeraj Kumar Jindal,
- Piyush Jindal,
- Rajesh Kumar Jindal
- Surinder Kumar Chaudhary
Comparison of Accounting Ratios With listed Industry Peers
| Name of the Company | Face Value (Per share) | CMP July 4, 2025 | EPS (Rs) | P/E Ratio | RONW (%) | NAV (Rs. Per share) | Revenue from Operations (₹ in millions) |
|---|---|---|---|---|---|---|---|
| Safex Chemicals Limited | 1.0 | [●] | (0.89) | [●] | (2.34)% | 41.88 | 15,847.80 |
| Bayer Cropscience Ltd | 10.00 | [●] | 126.38 | 50.33 | 19.93% | 634.24 | 54,734.00 |
| Sumitomo Chemical India Ltd | 10.00 | [●] | 10.13 | 51.13 | 17.43% | 58.20 | 31,485.00 |
| Rallis India Ltd | 1.00 | [●] | 6.43 | 50.77 | 6.57% | 97.92 | 26,629.40 |
| Dhanuka Agritech Ltd | 2.00 | [●] | 65.55 | 26.38 | 21.17% | 311.17 | 20,351.50 |
| Navin Fluorine International Ltd | 2.00 | [●] | 58.20 | 84.07 | 10.99% | 529.59 | 23,493.80 |
| Vinati Organics Ltd | 1.00 | [●] | 39.09 | 50.03 | 14.51% | 269.45 | 22,481.70 |
| PI Industries Ltd | 1.00 | [●] | 109.44 | 37.97 | 16.35% | 669.47 | 79,778.00 |
| Anupam Rasayan India Ltd | 10.00 | [●] | 8.50 | 134.42 | 5.61% | 259.28 | 14,369.74 |
Safex Chemicals Company Contact Details
Registered and Corporate Office:
4th & 5th Floor, Block-A, NDM-1,
Netaji Subash Place, North West
Delhi – 110 034, India
Tel: +91 11 6610 5000.
E-mail: cs@safexchemicals.com
Website: www.safexchemicals.com
Safex ChemicalsLead Manager
- Axis Capital Limited
- JM Financial Limited
- SBI Capital Markets Limited
Safex ChemicalsIPO Registrar
KFin Technologies Limited
Selenium, Tower B, Plot No. 31 and 32
Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032Telangana, India
Tel: +91 40 6716 2222/18003094001
E-mail: safex.ipo@kfintech.com
Website: www.kfintech.com
Safex ChemicalsIPO FAQs
Question 1: What is the Safex ChemicalsIPO?
Answer 1: Safex ChemicalsIPO is a Mainboard IPO of 3,57,39,318 equity shares of the face value of ₹1 approximately up to ₹ – Cr. The issue is price at ₹- to ₹- per share.
The Safex ChemicalsIPO opens on ( Date ) and closes on ( Date ).
MUFG Intime India Private Limited is the registrar for the IPO. The shares to be listed on NSE BSE.
Question 2: How to apply in Safex ChemicalsIPO through Groww?
Answer 2: Groww customers can apply online in Safex Chemicals IPO using UPI as a payment gateway. Groww customers can apply in Safex Chemicals IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Safex Chemicals IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Safex Chemicals IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Safex ChemicalsIPO will open?
Answer 3: The Safex Chemicals IPO opens on ( Date ) and closes on ( Date ).
Question 4: What is the lot size of Safex Chemicals IPO?
Answer 4: Safex Chemicals IPO lot size and the minimum order quantity is – Shares.
Question 5: How to apply for Safex Chemicals IPO?
Answer 5: You can apply in Safex Chemicals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Safex Chemicals IPO allotment date?
Answer 6: The Basis of Allotment for Safex Chemicals IPO will be on ( Date ), and the allotted shares will be credited to your demat account by , ( Date ). For Check the Safex ChemicalsIPO allotment status.
Question 7: When is Safex Chemicals IPO listing date?
Answer 7: The Safex Chemicals IPO listing date is ( Date ). The date of Safex ChemicalsIPO listing on ( Date ).
