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Satol Chemicals Ltd.

IPO Details
  • Issue Type Fixed Price
  • Price range
  • Market Lot
  • Total Equity Shares 4200000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

Our company is proud to offer an extensive range of products catering to a broad spectrum of industries, from Industrial sectors such as Breweries, Beverages, Dairy, and Food Processing to Poultry, Fisheries and Water Treatment. We also serve the Institutional Cleaning sector, with a particular focus on Commercial Laundry, Facility Management, Hotels, and Healthcare. Our solutions extend further into Retail, Education, Government institutions, and the Food Services industry, ensuring that each segment receives tailored products designed to meet its unique operational needs.Mr. Bhavesh Thakarshibhai Parsana, our Promoter and Managing Director, laid the foundation of Satol Chemicals in 2006 as a proprietorship concern in Parwanoo, Himachal Pradesh. Ten years later, in 2016, he closed the first Satol Chemical unit and established a second facility, Satol Chemicals Unit-II, in the same area but on a separate premises. To adopt a corporate structure, Satol Chemicals Private Limited was incorporated in the year 2020. Subsequently, in 2023, the second facility, Satol Chemicals Unit-II, was also closed and all revenue operations transitioned to our Company.

Projects

1. Project Name: Part Funding Capital Expenditure towards setting up new manufacturing facility

Project Cost: 265

2. Project Name: General Corporate Expenses

Project Cost: 6.608

Promoters

Prmoters Name

1. Bhavesh Thakarshibhai Parsana

2. Mayuri Bhavesh Parsana

Prmoters Holdings
  • Pre Share Capital:
  • Pre Promoter Holding:
  • Offer to Public: 4200000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Finshore Management Services Ltd.

Subscription Details