Archean Chemical IPO Details: Archean Chemical IPO date is fixed, the IPO is to hit the market on November 9 and will close on November 11, 2022. Archean Chemical IPO to raise around ₹1,492 crores via IPO that comprises fresh issue of ₹805 crores and offer for sale up to 16,150,000 equity shares of ₹2 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Archean Chemical Industries is a leading specialty chemicals manufacturing company based in India. They have a wide presence in the global markets. They are the first of-its-kind integrated plant in India to produce Industrial Salt, Bromine, and Sulfate of Potash.
They are one of the largest exporters of bromine and industrial salt in Fiscal 2021. The product and export of bromine, industrial salt, and sulphate of potash to customers around the world. The production capacity of the company is 28500 Metric Tons of Liquid Bromine per annum, 3000000 Metric Tons of Industrial Salt per annum, and 130000 Metric Tons of Sulfate of Potash per annum. They are the only manufacturer of sulphate potash in India. Their facility for the bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat, located on the northern edge of the Rann of Kutch brine fields.
- One of the leading specialty chemicals manufacturing company based in India.
- Largest exporters of bromine and industrial salt in Fiscal 2021.
- Archean Chemical Industries mobilises Rs 658 crore via anchor book ahead of IPO.
Archean Chemical IPO Review (Apply or Not)
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Archean Chemical IPO Date & Price Band Details
|IPO Open:||November 9, 2022|
|IPO Close:||November 11, 2022|
|IPO Size:||Approx ₹1,462 Crores|
|Fresh Issue:||Approx ₹805 Crores|
|Offer for Sale:||Approx 16,150,000 Equity Shares|
|Face Value:||₹2 Per Equity Share|
|IPO Price Band:||₹386 to ₹407 Per Share|
|IPO Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors List:||Click Here|
Archean Chemical IPO Market Lot
The Archean Chemical IPO minimum market lot is 36 shares with ₹14,652 application amount. The retail investors can apply up-to 13 lots with 468 shares or ₹190,476 amount.
Archean Chemical IPO Allotment & Listing Dates
The Archean Chemical IPO date is November 9 and the close date is November 11. The Archean Chemical IPO allotment will be finalized on November 16 and the IPO listing on November 21.
|Price Band Announcement:||November 3, 2022|
|Anchor Investors Allotment:||November 7, 2022|
|IPO Open Date:||November 9, 2022|
|IPO Close Date:||November 11, 2022|
|Basis of Allotment:||November 16, 2022|
|Refunds:||November 17, 2022|
|Credit to Demat Account:||November 18, 2022|
|Archean Chemical IPO Listing Date:||November 21, 2022|
Archean Chemical IPO Form
How to apply for the Archean Chemical IPO? You can apply for Archean Chemical IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Archean Chemical IPO in the Invest section. The other option is you can apply for Archean Chemical IPO via IPO forms downloaded via NSE and BSE. Check out the Archean Chemical forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Archean Chemical Company Financial Report
|₹ in Crores|
Archean Chemical IPO Valuation – FY2022
Check Archean Chemical IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹18.26 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||72.24%|
|Net Asset Value (NAV):||₹25.28 per Equity Share|
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Archean Chemical IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Archean Chemical IPO Allotment Status Check
Check Archean Chemical IPO allotment status on Linkintime website allotment URL. Click Here
Archean Chemical IPO Lead Managers
- IIFL Securities Ltd
- ICICI Securities Limited
- JM Financial Limited
Archean Chemical Industries Limited
No. 2, North Crescent Road,
T Nagar, Chennai 600 017
Tamil Nadu, India
Phone: +91 44 6109 9999
Email: [email protected]
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Note: The Archean Chemical IPO price band and date are officially announced. The IPO grey market premium (Archean Chemical IPO Premium) will be added to the IPO grey market page as it will start).
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