IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

Rs. 1000 crore

Investor category and sub category

To be announced

About Survival Technologies Ltd. IPO

The company is a leading contract research manufacturing services (CRAMS) focused speciality chemical manufacturer. It majorly manufactures chemicals that are import substitutes, like complex chemicals from heterocyclic and fluoro chemical products, which were primarily imported from China. The speciality chemicals produced by the company are sold domestically to various industries.

Survival Technologies Ltd. engages with customers across product lifecycles, including in-house R&D, commercial scale process development, and commercial manufacturing speciality items. Between April 1, 2007 and March 31, 2022, it has synthesised 677 products, including 500 products commercially produced for the export market.

It has three manufacturing units, two of which are in Gujarat.

Survival Technologies Ltd. IPO Details

Survival Technologies Ltd. has filed DRHP to raise Rs. 1000 crore from investors. The IPO includes fresh equities worth Rs. 200 crores and an offer for sale of Rs. 800 crore equities from the existing promoters.

Survival Technologies Ltd. IPO will open in FY24. We will update the dates once declared.

Survival Technologies Ltd. IPO Objective

The company proposes to utilise the net proceeds received from the fresh issues in the following areas.

  • Funding working capital requirements
  • General corporate purposes

Should you invest in Survival Technologies Ltd.?

You may like to consider the following reasons before investing in Survival Technologies Ltd. IPO.

  • The company offers a diversified product suite backed by strong R&D.
  • It’s one of the leading Indian CRAMS companies in manufacturing certain specialised chemicals in FY22.
  • The nature of the industry where the company operates is constrained by a high entry barrier, which prevents extensive barriers.

Competitive Peers

Other players in the domain as recognised by Survival Technologies Ltd. are Alkyl Amines Chemical Ltd., Neogen Chemicals Ltd., Aether Industries Ltd., and Navin Fluorine International Ltd.

Survival Technologies Ltd. Noteworthy highlights

  • The company’s >50% revenue comes from CRAMS activities. The remaining comes from custom manufacturing specialised chemicals.
  • Survival Technologies has recorded a 25.1% CAGR in revenue from FY20 to FY22.
  • The company’s gross profit grew from Rs.831 million to Rs. 1,616 million, a CAGR of 39%.

IPO Financials

Particulars Year ending on March 31, 2022 Year ending on March 31, 2021 Year ending on March 31, 2020
Revenue from Operations 3,117.8 2,747.9 1,991.5
Profit After Tax (PAT) 734.6 563.2 190.2
PAT Margin 23.56% 20.50% 9.57%
EBITDA 919.0 696.5 349.1
EBITDA Margin 29.48% 25.35% 17.53%
ROE 32.6% 37.0% 19.8%

Know before investing


  1. The company undertakes CRAMS projects for research & development and manufacturing products for export and domestic markets.

  2. It has a deep-industry knowledge to handle complex chemistry with a proven track record.

  3. It’s one of the most profitable speciality chemicals manufacturing companies in India during Fiscal 2022.


  1. Any deterioration in customer relationships can adversely impact financial and operational performance.

  2. The company must obtain and renew its licence periodically to continue business operations.

  3. The investors must appraise themselves of any valuation risk of the company before buying the IPO.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Survival Technologies IPO FAQs

What is Survival Technologies Ltd. IPO?

Survival Technologies Ltd. Ltd. IPO worth Rs.1000 crore comprises Rs. 200 crore in fresh issues and Rs. 800 crore offer for sale (OFS) equities from existing promoters.

When will Survival Technologies Ltd. IPO allotment available?

Will be updated soon.

What will be the Survival Technologies Ltd. IPO lot size?

Will be updated soon.

When will Survival Technologies Ltd. IPO open for subscription?

Will be updated soon.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will Survival Technologies Ltd. list on exchanges?

Will be updated soon.

How to check the allotment status of Survival Technologies Ltd. IPO?

Login to the Angel One app and enter OTP sent on your registered mobile number to validate. 

To check the allotment status, enter your application number, DP ID, and PAN number into the app.

What would be the listing gains on the Survival Technologies Ltd. IPO?

Listing gains cannot be calculated before the listing of the IPO on the stock exchange.

I have finished the application process for Survival Technologies Ltd. IPO, but the funds are not yet debited. What is the reason?

At the first step, the bank only blocks the amount in your account. The money will be debited when the shares are allotted or unblock the amount after the UPI mandate expiry date.

How to approve the UPI mandate request for Survival Technologies Ltd. IPO?

Login to your UPI handle to approve the payment mandate and complete the IPO application process.

Can I submit more than one application for the public issue of Survival Technologies Ltd. using one PAN?

You are allowed to submit only one application using one PAN card.

What is the minimum order quantity for Survival Technologies Ltd. IPO?

Will be updated soon.