Chemplast Sanmar IPO subscription to start from August 10, 2021, Tuesday. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will close on August 12, 2021, Thursday. The company to raise ₹3850 crores via IPO at a price band of ₹530 to ₹541. The minimum bid for the IPO is 27 shares that cost ₹14,607 for l lot.
The Chemplast Sanmar is a part of well known group HL Chemicals Group. They are 50 year old group and the Chemplast is one of the major manufacturer of Speciality Chemicals that includes Specialty Paste PVC resin and Custom Manufactured Chemicals for agro-chemical, pharmaceutical and fine chemicals sector. The company reported ₹3815 crores of revenues in 2021 against ₹1266 crores in 2020. The PAT was stood at ₹410.20 crores in 2021 compared to ₹46.13 crores in 2020. Please check the Chemplast Sanmar IPO details over here.
IPOWatch View
We recommend investors to apply the IPO at your own risk as there is less trades in grey market. Investors should look at the QIB and HNI numbers before investing. Check the Chemplast IPO allotment status here.
Chemplast Sanmar IPO Subscription Status (Final Data)
(Over Subscribed)
The Chemplast Sanmar IPO subscribed 2.17x overall. The subscription comprises Qualified Institutional Buyer (QIB) 2.70x, (Non-institutional Bidders) NII 1.03x and Retail 2.29x.
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.02x | 2.70x |
| NII | 0.03x | 0.06x | 1.03x |
| RII | 0.84x | 1.29x | 2.29x |
| Total | 0.16x | 0.26x | 2.17x |
Chemplast Sanmar IPO Time Table
| Price Band Announcement: | 04 August 2021 |
| Anchor Investors Allotment: | 09 August 2021 |
| IPO Open Date: | 10 August 2021 |
| IPO Close Date: | 12 August 2021 |
| Basis of Allotment: | 18 August 2021 |
| Refunds: | 20 August 2021 |
| Credit to Demat Account: | 23 August 2021 |
| IPO Listing Date: | 24 August 2021 |
Chemplast Sanmar IPO Subscription FAQs:
When Chemplast Sanmar IPO Subscription will start?
The IPO subscription starts on 10 August 2021 for QIB, NII, and Retail Investors.
How much Chemplast Sanmar IPO subscribed?
The IPO subscribed 2.17x times on day 3.
What is Chemplast Sanmar IPO Retail subscription status?
The RII subscription is 2.29x on day 3.
How to subscribe Chemplast Sanmar IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Chemplast Sanmar IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE website. One can check the live subscription on BSE or NSE website on the particular IPO page.
