Chemplast Sanmar raises ₹1732 crore from 78 Anchor Investors

IPO Initial Public Offerings

A speciality chemicals manufacturer company Chemplast Sanmar raised ₹1732 crore from anchor investors on August 09, 2021 Monday before the IPO. The Chemplast Sanmar IPO to open on Tuesday. The company allotted total of 2,20,24,029 equity shares to 78 anchor investors at a upper price band ₹541. The anchor investors list includes 12 Mutual Funds that holds around 52% of the share in anchor investment in Chemplast Sanmar. The company is going to raise ₹3850 crores via IPO that comprises ₹1300 crores fresh issue and ₹2550 crore offer for share. Check out the final list of Chemplast Sanmar Anchor Investors given below:

Chemplast Sanmar

List of Chemplast Sanmar Anchor Investors:

The IPO Committee of the cOMPANY at its meeting held on August 9, 2021, and selling shareholders, in consultation with the Global Co-coordinators and Book Running Lead Managers to the offer, namely ICICI Securities Limited, Ambit Private Limited, BOB Capital Markets Limited and HDFC Bank Limited and the Book Running Lead Managers to the offer, namely IndusInd Bank Limited and Yes Securities (India) Limited have finalized allocation of 2,20,24,029 Equity Shares, to Anchor Investors at Anchor Investor allocation price of ₹541 per Equity Share (including share premium of ₹536 per Equity Share). in the following manner. The details are given below:

Source: BSEIndia
The Chemplast Sanmar IPO to open on 10 August and closes on 12 August 2021. The price band is fixed at ₹536 to ₹541. Chemplast Sanmar IPO application minimum bid is for 27 Shares (₹114,607) and maximum bid is 351 shares (₹189,891). The Book Running Lead Managers of the IPO are ICICI Securities Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited, IIFL Securities Limited, Ambit Private Limited, BOB Capital Markets Limited, HDFC Bank Limited, IndusInd Bank Limited and YES Securities (India) Limited
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