Archean Chemical IPO Details: Archean Chemical IPO date is mounted, the IPO is to hit the market on November 9 and can shut on November 11, 2022. Archean Chemical IPO to lift round ₹1,492 crores through IPO that contains contemporary subject of ₹805 crores and supply on the market as much as 16,150,000 fairness shares of ₹2 every. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Archean Chemical Industries is a number one specialty chemical compounds manufacturing firm primarily based in India. They have a large presence within the international markets. They are the primary of-its-kind built-in plant in India to supply Industrial Salt, Bromine, and Sulfate of Potash.
They are one of many largest exporters of bromine and industrial salt in Fiscal 2021. The product and export of bromine, industrial salt, and sulphate of potash to clients all over the world. The manufacturing capability of the corporate is 28500 Metric Tons of Liquid Bromine every year, 3000000 Metric Tons of Industrial Salt every year, and 130000 Metric Tons of Sulfate of Potash every year. They are the one producer of sulphate potash in India. Their facility for the bromine, industrial salt, and sulphate of potash operations, positioned at Hajipir, Gujarat, positioned on the northern fringe of the Rann of Kutch brine fields.
Important Details
- One of the main specialty chemical compounds manufacturing firm primarily based in India.
- Largest exporters of bromine and industrial salt in Fiscal 2021.
- Only producer of sulphate potash in India.
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 |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Archean Chemical IPO Market Lot
The Archean Chemical IPO minimal market lot is 36 shares with ₹14,652 utility quantity. The retail traders can apply up-to 13 heaps with 468 shares or ₹190,476 quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 36 | ₹14,652 |
| Retail Maximum | 13 | 468 | ₹190,476 |
| S-HNI Minimum | 14 | 504 | ₹205,128 |
| B-HNI Minimum | 68 | 2,484 | ₹1,010,988 |
Archean Chemical IPO Allotment & Listing Dates
The Archean Chemical IPO date is November 9 and the shut date is November 11. The Archean Chemical IPO allotment will likely be finalized on November 16 and the IPO itemizing on November 21.
| Price Band Announcement: | November 3, 2022 |
| Anchor Investors Allotment: | November 8, 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 |
You can examine IPO subscription standing and IPO allotment standing on their respective pages.
Archean Chemical IPO Form
How to use for the Archean Chemical IPO? You can apply for Archean Chemical IPO through ASBA out there in your checking account. Just go to the net financial institution login and apply through your checking account by choosing the Archean Chemical IPO within the Invest part. The different choice is you possibly can apply for Archean Chemical IPO through IPO varieties downloaded through NSE and BSE. Check out the Archean Chemical varieties – Click BSE Forms & NSE Forms clean IPO varieties obtain, fill, and submit in your financial institution or together with your dealer.
Archean Chemical Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹617 | ₹634 | ₹36.22 |
| 2021 | ₹755 | ₹664 | ₹66.07 |
| 2022 | ₹1143 | ₹892 | ₹188.58 |
Archean Chemical IPO Valuation – FY2022
Check Archean Chemical IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.
| 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 |
Peer Group
- Tata Chemicals Limited
- Aarti Industries Limited
- Deepak Nitrite Limited
- Neogen Chemicals Limited
- Chemikas Speciality LLP
- Ravi Pendurthi
- Ranjit Pendurthi
Archean Chemical IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Archean Chemical IPO Allotment Status Check
Check Archean Chemical IPO allotment standing on Linkintime web site allotment URL. Click Here
Archean Chemical IPO Lead Managers
- IIFL Securities Ltd
- ICICI Securities Limited
- JM Financial Limited
Company Address
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]
Website: https://www.archeanchemicals.com/
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What is the Archean Chemical IPO Allotment Date?
Archean Chemical IPO allotment date is November 16, 2022.
What is the Archean Chemical IPO Listing Date?
Archean Chemical IPO itemizing date is November 21, 2022. The IPO is to record on BSE and NSE.
Note: The Archean Chemical IPO value band and date are formally introduced. The IPO gray market premium (Archean Chemical IPO Premium) will likely be added to the IPO gray market web page as it’s going to begin).
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