Ujin Pharma Ltd. IPO Details

Ujin Pharma was incorporated on November 15, 2019. The company is engaged in the distribution and supply of a diversified portfolio of chemicals, pharmaceutical raw materials, and nutraceuticals, serving customers across multiple industries. Leveraging over two decades of industry experience, it provides end-to-end procurement, sourcing, logistics, and supply chain solutions through a strong network of domestic and international suppliers

Bidding Dates
To Be Announced
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
----19.2 M--₹0DRHP DOC

Ujin Pharma issue details

Ujin Pharma has 19.2 M shares on offer

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%

Ujin Pharma IMPORTANT IPO DATES

Issue Open Date-
Issue close Date-
Allotment Date-
Refund Date-
Demat Account Credit Date-
Listing Date-
Listing on Exchange(s)NSE and BSE

Ujin Pharma NUMBER OF SHARES ON OFFER

Total19.2 M
Fresh Issue11.9 M
Offer for Sale7.3 M
Post Issue Promoter Holding %

Ujin Pharma FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
9MFY26 1,511.3 25.5 -30.7 -31.8 -
FY25 1,628.8 14.3 3.0 2.9 2.2%
FY24 1,490.9 16.0 -66.5 -66.5 2.0%
FY23 1,425.8 10.0 -19.0 -19.1 0.9%

Ujin Pharma INFORMATION ON IPO ISSUE

About Ujin Pharma

Ujin Pharma was incorporated on November 15, 2019. The company is engaged in the distribution and supply of a diversified portfolio of chemicals, pharmaceutical raw materials, and nutraceuticals, serving customers across multiple industries. Leveraging over two decades of industry experience, it provides end-to-end procurement, sourcing, logistics, and supply chain solutions through a strong network of domestic and international suppliers

Object of the Issue

  • Investment in Altra Agro-Chem Private Limited, their associate company, by way of subscription to equity shares for making it its subsidiary
  • Investment in Altra Pharma-Chem Private Limited, their associate company, by way of subscription to equity shares for making it its subsidiary
  • Repayment or pre-payment, in part or full of certain borrowings availed by the company from financial institutions
  • General corporate purposes

Ujin Pharma - PROMOTERS

Name
Jinesh Rasiklal Sheth
Umang Ketan Mehta
Neha Umang Mehta

Ujin Pharma - MANAGEMENT & LEADERSHIP

NameDesignation
Jinesh Rasiklal ShethManaging Director
Umang Ketan MehtaChairman & Whole-Time Director
Neha Umang MehtaNon- Executive Director
Vratika JainNon- Executive Independent Director
Ravi SharmaNon- Executive Independent Director
Anand MalpaniNon- Executive Independent Director

Ujin Pharma Book Running Lead Manager

SMC Capitals Limited

ujin.ipo@smccapitals.com

Marwadi Chandarana Intermediaries Brokers Private Limited

mb@marwadichandarana.com

Ujin Pharma Registrar to the Offer

KFin Technologies Limited

ujinpharma.ipo@kfintech.com

Ujin Pharma Strengths

Diversified product portfolio

The company offers a diversified portfolio of over 100 chemical products, including solvents, specialty chemicals, acids, monomers, pharmaceutical raw materials, and nutraceuticals, serving customers across multiple industries. Its broad product range reduces dependence on any single sector while enabling it to meet diverse customer requirements through a comprehensive distribution platform

Strength

Client relationship

The company has established strong relationships with customers across industries such as pharmaceuticals, agrochemicals, specialty chemicals, petrochemicals, and industrial manufacturing. Its integrated sourcing, procurement, logistics, and supply chain capabilities enable it to deliver reliable, timely, and cost-effective chemical supply solutions tailored to customer requirements

Strength

Distribution network

The company’s distribution network is supported by strategically located warehouses and storage facilities in key logistics hubs such as Bhiwandi and Kandla, enabling efficient inventory management and product distribution across India. Its warehousing, import handling, and logistics coordination capabilities support the timely and reliable supply of chemical products to customers across multiple industries

Strength

Ujin Pharma Risks

Foreign currency fluctuation risk

The company is exposed to foreign exchange risk due to its import and export activities, with revenues, expenses, receivables, and payables linked to foreign currencies. Adverse currency fluctuations, particularly depreciation of the Indian Rupee, could increase procurement costs, impact profitability, and adversely affect financial performance

Risk

Competition

The company operates in a highly competitive chemical distribution and processing industry, facing competition from distributors, manufacturers, traders, and specialty chemical companies. Any inability to compete effectively on pricing, product availability, quality, or supply reliability could adversely impact its market position, revenue, and profitability

Risk

Material handling risks

The company’s operations involve inherent risks related to the handling, storage, transportation, and processing of chemical products, which may result in accidents, inventory losses, environmental incidents, or regulatory actions. Any significant operational disruption or uninsured loss, including incidents similar to the fire experienced at its processing facility, could adversely affect the company’s business, financial performance, and cash flows

Risk

IPO FAQs

  • The promoters of the company are Jinesh Rasiklal Sheth, Umang Ketan Mehta and Neha Umang Mehta.
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.