Patel Chem Specialities Completes INR 16.69 Cr Anchor Round With Participation From Bengal Finance & Investment Private Limited And Others

Mumbai (Maharashtra) [India], July 25: Patel Chem Specialities Limited, a prominent manufacturer of cellulose- and starch-based pharmaceutical excipients, has successfully concluded its Anchor Book allocation ahead of the Initial Public Offering (IPO) scheduled to open on Friday, July 25, 2025.

Among the anchor investors, Bengal Finance & Investment Private Limited emerged as the lead participant, being allotted 5,96,800 equity shares amounting to ₹5.01 crore, representing 30.03% of the total anchor portion.

Other anchor participants include Meru Investment Fund PCC, Arnesta Global Opportunities Fund, Zeal Global Opportunities Fund, Necta Bloom VCC – Regal Fund, Venturex Fund I, Vikasa India EIF I Fund, and Belgrave Investment Fund.

The company has allocated 19,87,200 equity shares to eight marquee anchor investors at ₹84 per share (including a premium of ₹74).

Sr. No.Name of the Anchor InvestorNo. of Equity Shares allocatedTotal Amount (In ₹ Cr)% of Anchor Investor Portion
1Bengal Finance & Investment Private Limited5,96,8005.0130.03%
2Meru Investment Fund PCC- Cell 13,60,0003.0218.12%
3Arnesta Global Opportunities Fund PCC – Arnesta Global Fund 12,38,4002.0012.00%
4Zeal Global Opportunities Fund2,38,4002.0012.00%
5Necta Bloom VCC-Regal Fund1,93,6001.639.74%
6Venturex Fund I1,20,0001.016.04%
7Vikasa India EIF I Fund – Share Class P1,20,0001.016.04%
8Belgrave Investment Fund1,20,0001.016.04%
#Total19,87,20016.69100.00%

Mr. Swapnilsagar Vithalani, Co-founder & Director, Cumulative Capital Private Limited:

“At Cumulative Capital, we are proud to have played a central role in shaping and executing Patel Chem Specialities’ IPO journey—from strategic planning and valuation to investor outreach and structuring. This successful anchor allocation reflects our ability to align credible, long-term capital with high-potential companies in niche, export-driven sectors. Patel Chem is a classic example of a fundamentally strong business with a differentiated product portfolio, global certifications, and a clear path for expansion. As merchant bankers, we remain committed to supporting the company’s next phase of growth—unlocking value, enhancing governance, and building sustained institutional interest beyond the IPO.”

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Related Posts

HEC Infra Projects Limited Secures Two Orders Worth INR 47.98 Cr Across Power and Water Infrastructure Segments

Ahmedabad (Gujarat) [India], October 4: HEC Infra Projects Limited (HEC, The Company), (NSE Code: HECPROJECT), – HEC Infra Projects Limited, one of the leading EPC players specialising in Electrical, Mechanical,…

Saraf Furniture Diwali Sale – The Biggest Sale of the Year with Up to 60% Off

New Delhi [India], October 1: Saraf Furniture is excited to announce its Biggest Sale of the Year – the Diwali Sale, offering discounts of up to 60% across its wide range of solid…

You Missed

PVL 2025: Kolkata Thunderbolts strike Chennai Blitz with a thunderous win

  • By
  • October 13, 2025
  • 3 views
PVL 2025: Kolkata Thunderbolts strike Chennai Blitz with a thunderous win

Easy Boba Introduces Limited-Edition ‘Cheese Foam Shakes’ — A Creamy Twist to Classic Flavours

Easy Boba Introduces Limited-Edition ‘Cheese Foam Shakes’ — A Creamy Twist to Classic Flavours

Mayfair Polo and Artize Join Forces to Chart a Royal Route to the Jaipur Polo Season

  • By
  • October 8, 2025
  • 12 views
Mayfair Polo and Artize Join Forces to Chart a Royal Route to the Jaipur Polo Season

HEC Infra Projects Limited Secures Two Orders Worth INR 47.98 Cr Across Power and Water Infrastructure Segments

HEC Infra Projects Limited Secures Two Orders Worth INR 47.98 Cr Across Power and Water Infrastructure Segments

Shubham Chaudhary Joins the Big League: New Vice President of India Para Powerlifting (Paralympic Committee of India)

  • By
  • October 4, 2025
  • 16 views
Shubham Chaudhary Joins the Big League: New Vice President of India Para Powerlifting (Paralympic Committee of India)

Namita Pandey Crowned Glammonn Mrs India Worldwide 2025 (Classic Category): A Journey of Grace, Strength, and Spiritual Awakening

Namita Pandey Crowned Glammonn Mrs India Worldwide 2025 (Classic Category): A Journey of Grace, Strength, and Spiritual Awakening