Anupam Rasayan IPO Subscription Status
(Fully Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.37x | 65.74x |
| NII | 0.09x | 1.39x | 97.42x |
| RII | 2.58x | 6.60x | 10.77x |
| EMP | 0.30x | 0.93x | 1.71x |
| Total | 1.29x | 3.64x | 44.06x |
Day 1 Subscription Highlights:
Day 2 Subscription Highlights:
Anupam Rasayan IPO good response continues on day 2 as well. The QIB started bidding with 0.37x while HNI fully subscribed to 1.39x. The retail already gone to a good numbers of 6.60x today. The IPO subscribed 3.64x on day 2. The grey market is gone down from 260 to 180 as market looks negative. Lets see how it impact overall.
Day 3 Subscription Highlights:
The last day become a good one for the IPO. The QIB and HNI came up with a higher subscription. The QIB subscribed 65.74x times, HNI 97.24x times and Retail subscribed 10.77x times overall. The final numbers are 44.06 times which will impact on the GMP and the listing as well. We can expect 50% listing gain in Anupam Rasayn IPO.
About Anupam Rasayan IPO
Anupan Rasayan IPO price band is fixed at ₹553 to ₹555 Per Share. The company to raise ₹760 crore via IPO. The subscription will closes on 16 March 2021. The allotment will be on 19 March and listing will be on 24 March. Anupam Rasayan minimum bid is 27 Shares with ₹14985 amount while maximum bid is 351 shares with ₹194805.
About Company
Anupam Rasayan India Limited® is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India. Our business verticals are (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives. With our customers at the heart of everything we do, our focus is to manufacture products with sustainability using our continuous process technology through flow chemistry and photo chemistry, greater R&D and engineering capabilities to deliver values for our customers for their complex and multi-step synthesis projects.
Since 1984 Anupam Rasayan India Limited® has been a valuable partner to our customers for custom manufacturing of multi-synthesis molecules such as (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives on exclusive basis for our customers. Certain of our facilities are ISO 9001:2015 and ISO 14001:2015 certified company with sound technology, environment consciousness, rich history of innovation through research, and total commitment to excellence towards quality and sustainability.
We have developed a strong R&D structure to drive company growth. Thanks to our R&D team, Anupam Rasayan India Limited® has secured a strong market position. Because we strongly believe that continued investment in Research and Development activities is imperative for continued success and growth. Our dedicated Research and Development Centre is a perfect testimony of the commitment to this belief.
Green manufacturing and Green growth have always been to the top of our agenda, we have developed new eco-friendly, safer and novel routes for many products. Most of these products have been introduced on an exclusive basis for our customers.
We have Six manufacturing sites that are located in the state of Gujarat: 4 sites are in Sachin, Surat and 2 state of art sites are in Jhagadia, Gujarat.
