Survival Technologies IPO Analysis @ Chanakyanipothi.com, the Oldest & the most Trusted Investment website in India. Operational since 8th December 1999, this is the Only Investment website in India, which has successfully completed 23 Years.
    Survival Technologies IPO

     

    Sebi nod to the IPO
    The IPO of the company is expected soon. The Sebi has given nod to the IPO documents on 10 April 2023. The DRHP was filed on 30 December 2022. The IPO consists of fresh issue of shares and offer for sale.

    Who are the promoters of Survival Technologies IPO?
    VIJAYKUMAR RAGHUNANDANPRASAD AGRAWAL & NIMAI VIJAY AGRAWAL

    Survival Technologies: Company Details

    Survival Technologies is a contract research and manufacturing services focused speciality chemical manufacturer in India.It is one of the leading CRAMS companies in India in terms of manufacturing
    of select chemical products as of March 31, 2022. It is engaged in the supply of specialty chemicals with multiple applications and many products it sells domestically are import substitutes that were formerly imported from China. It is one of the few speciality chemical manufacturers in India manufacturing select products from the heterocyclic and fluoro organic product groups for sale in India and globally. It engages with customers across their product lifecycles, i.e., providing extensive in-house research for development of products, commercial scale process development, and manufacture of commercial quantities of products. Between April 1, 2007 and March 31, 2022, it synthesized 677
    products of which over 500 products have been commercially produced and sold to various customers across its export markets.

    Its in-house capabilities towards developing complex chemistries have enabled us to develop
    a unique product portfolio which includes niche product groups such as heterocyclic and fluoro organic compounds, where it is the sole company in India making products such as 2-pyridyl tribromomethyl sulfone, 4-bromo benzene sulfonyl chloride, 5-bromo-2, 4-dichloro pyrimidine, cyclam and tempo on a commercial scale. It is also one of 12 manufacturers globally and the largest domestic producer of ethyl–3–dimethylaminopropyl carbodiimide and the only manufacturer globally of alpha tetralol.
    We undertake CRAMS for various international and domestic companies.
    For more information, click http://www.survivaltechnologies.in

    What are the Objects of the Survival Technology IPO?
    The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
    1. Investment in Texol by way of a loan for financing the repayment/pre-payment of a loan facility availed by Texol from the Bank of Baroda
    2. Capital expenditure through purchase of equipment and civil work required for (i) expansion in capacity of automotive oil at its Silvassa Plant; (ii) expansion in capacity of petroleum jelly and accompanying cosmetic product division at its Taloja Plant; and (iii) expansion in capacity of white oils by installing blending tanks at its Taloja Plant
    3. Funding working capital requirements of the Company

     

    Survival Technologies IPO Details
    IPO opens on  (?) ,2023
    IPO closes on  (?) ,2023
    Issue Type Book Built Issue IPO
    Issue Size (?) Sh /Rs 1000 Cr
    * Fresh Issue Rs. 200Cr
    * Offer for Sale  (?) Sh /Rs 800 Cr
       
    Face Value per share: Rs. 2
       
    Price Band Rs. (?)
    Employee discount  Rs. (?) per share
    Retail Lot Size  (?) Shares
    Listing will at  BSE, NSE
    Shares offered to Shares Rs.
    QIB (? %)  Rs (?) Cr
    NII (? %)  Rs (?) Cr
    RII (? %)  Rs (?) Cr
    Employees  Rs (?) Cr
    Total Shares   
    Retail portion will be oversubscribed by  – Forms
    How much Shares to Apply?  
    Min Retail Application – Shares Rs. –
    Max Retail Application  – shares Rs. –
    Small HNI (Min) application  – Shares Rs. –
    Small HNI (Max) application – shares Rs. –
    Big HNI Application – shares Rs. –
    Survival Technologies IPO Tentative timetable
    IPO opens on.  ,2023
    IPO Closes on ? ,2023
    IPO Allotment on  ? ,2023
    Unblocking of ASBA  ? ,2023
    Credit of Shares  ? ,2023
    Listing on ? ,2023
    Registered Office of Survival Technologies
    1401-A, Naman Midtown, 14th Floor, Senapati Bapat Marg, Elphinstone Road, Prabhadevi West, Mumbai – 400 013 Maharashtra, India
    IPO Lead Managers
    JM Financial Limited, ICICI Securities ltd
    Registrar to IPO
    Link Intime India Private Limited

    Survival Technologies IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs.in Cr Rs.in Cr Rs. %
    2019-20 200.19 19.05 2.21 19.79
    2020-21 284.35 56.32 6.53 36.95
    2021-22  321.67 73.46 8.52 32.60
    Book Value of the Share on 31.03.2022 Rs.26.12    
    Book Value of the Share after the IPO Rs.    
    Offer Price   Rs. –    
    Ratio Analysis
    Upper Price Band/last EPS
    Upper offer price/Book Value Ratio
    Upper offer price/BV after IPO Ratio

    Survival Technologies Peer Comparison

    As on date of DRHP Total Income Rs. Face  PE
      Income Value Ratio of
      Rs. In Cr Rs  
    The IPO Company 321.67 2 (?)
    Navin Fluorine    2 77.94
    Alkyl Amines Chemical   2 61.28
    Aether Industries   10 86.46
    Neogen Chemicals   10 65.82
           

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