Chemplast Sanmar IPO is going to hit the market on 10 Aug 2021 and closes on 12 Aug 2021. The company to raise ₹3850 crores (approx) via initial public offer with a face value of ₹5 per equity share.
Chemplast Sanmar has decided to launch its initial public offering (IPO) for subscription on August 10. The offer will close on August 12. Chemplast Sanmar is planning to raise Rs 3,850 crore through the public issue (IPO) which consists of a fresh issue of Rs 1,300 crore and an offer for sale of Rs 2,550 crore by promoters. Promoters Sanmar Holdings and Sanmar Engineering Services will offload Rs 2,463.44 crore and Rs 86.56 crore worth of shares. Chemplast Sanmar IPO open on Tuesday fixed a price band of Rs{.} a share for its Rs3850 crore (approx) IPO. The face value of equity shares of Chemplast Sanmar IPO is ₹5. Chemplast Sanmar Ltd is a leading specialty chemical manufacturer in India. The company is engaged in the manufacturing of specialty paste PVC resin, starting materials, and intermediates for agro-chemical, pharmaceuticals, agro-chemical, and fine chemical sectors. It also produces other types of chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas, and Industrial Salt. Check out Chemplast Sanmar IPO details.
Chemplast Sanmar IPO Date & Price Band:
| IPO Opening Date | Aug 10, 2021 |
| IPO Closing Date | Aug 12, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | ₹530 to ₹541 per equity share |
| Market Lot | 27 Shares |
| Min Order Quantity | 27 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹5 (aggregating up to ₹3850 Cr) |
| Fresh Issue | [.] Eq Shares of ₹5 (aggregating up to ₹1300 Cr) |
| Offer for Sale | [.] Eq Shares of ₹5 (aggregating up to ₹2550 Cr) |
Chemplast Sanmar IPO Tentative Timetable
The Chemplast Sanmar IPO open date is 10 Aug 2021, and the close date is 12 Aug 2021. The issue may list on 24 Aug 2021.
| IPO Open Date | Aug 10, 2021 |
| IPO Close Date | Aug 12, 2021 |
| Basis of Allotment Date | Aug 18, 2021 |
| Initiation of Refunds | Aug 20, 2021 |
| Credit of Shares to Demat Account | Aug 23, 2021 |
| IPO Listing Date | Aug 24, 2021 |
Chemplast Sanmar IPO Market Lot:
The Chemplast Sanmar IPO minimum market lot is 27 shares with ₹14,607 application amount. The retail investors can apply up to 13 lots with 351 shares or ₹189,891 amounts.
| Minimum Lot Size: | Minimum 27 Shares |
| Minimum Amount: | ₹14,607 |
| Maximum Lot Size: | Maximum 351 Shares |
| Maximum Amount: | ₹1,89,891 |
Chemplast Sanmar Company Financial:
| Particulars | For the year/period ended (₹ in million) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 44,860.93 | 41,075.40 | 38,015.63 |
| Total Revenue | 38,151.08 | 12,655.10 | 12,667.74 |
| Profit After Tax | 4,102.44 | 461.25 | 1184.64 |
Chemplast Sanmar IPO Reviews / Ratings
- Updates Soon
Brokerage Firm IPO Reviews for Chemplast Sanmar IPO
- ICICI Securities: Adding Soon
- Motilal Oswal: Adding Soon
- Capital Market: Adding Soon
- Ventura Securities Limited: Adding Soon
- KR Choksey: Adding Soon
- AXIS Capital Ltd: Neutral
Read Also:-
- Chemplast Sanmar IPO GMP (Grey Market Premium)
- Chemplast Sanmar IPO Subscription Status
- Chemplast Sanmar IPO Allotment Status
Chemplast Sanmar IPO Form:
How to apply the Chemplast Sanmar IPO? You can apply for Chemplast Sanmar IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Chemplast Sanmar IPO in the Invest section. The other option is you can apply to Chemplast Sanmar IPO via IPO forms download via NSE and BSE. Check out the Chemplast Sanmar IPO forms - click NSE Forms & BSE Forms blank Chemplast Sanmar IPO forms download, fill, and submit in your bank or with your broker.
Chemplast Sanmar IPO Subscription Numbers(Day 1)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | x | x | x |
| NII | x | x | x |
| RII | x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | x | x | x |
About Chemplast Sanmar
Chemplast Sanmar is over fifty years old and is a part of the SHL Chemicals Group, which in turn is a constituent of the Sanmar Group, one of the oldest and most prominent corporate groups in South India. Fairfax India Holdings Corporation (Fairfax) a well-known international investor led by Mr. Prem Watsa, based in Canada, has invested, through FIH Mauritius Investments Limited, in the SHL Chemicals Group since 2016. It is a major manufacturer of Speciality Chemicals such as Specialty Paste PVC resin and Custom Manufactured Chemicals for the agro-chemical, pharmaceutical, and fine chemicals sector. The company also produces other chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas, and Industrial Salt. The manufacturing facilities are located at Mettur, Berigai, and Vedaranyam in Tamil Nadu and Karaikal in the Union Territory of Puducherry.
The Chlorochemicals division of Chemplast, a result of backward integration by the Group, manufactures a wide range of products using a highly integrated manufacturing process.
The salt needed for chlorine manufacture is supplied by Chemplast’s Salt Pans at Vedaranyam. The power-intensive electrolysis process of manufacturing chlorine is significantly served by Chemplast’s own power plant.
All this makes Chemplast one of the most integrated chemical plants in the country with a closed manufacturing loop.
Custom Manufactured Chemicals – Chemplast Sanmar, is a leading supplier of intermediates for global Agrochemical, Pharmaceutical, and Fine Chemical innovators. These intermediates involve complex multi-step synthesis using unique chemistries. The manufacturing facility is located at Berigai, Tamil Nadu.
Chemplast has played a pioneering role in the field through its ingenious choice of feedstock and manufacturing processes, and efficient, eco-friendly practices. Its constant development of environment-friendly production processes has reduced the consumption of valuable natural resources.
Chemplast Sanmar IPO Prospectus
Chemplast Sanmar Company Promoters:
- Sanmar Holdings Limited
Chemplast Sanmar IPO Registrar:
KFin Technologies Private Limited
Selenium Tower-B, Plot 31 & 32, Gachibowli
Financial District, Nanakramguda, Serilingampally
Hyderabad 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: chemplast.ipo@kfintech.com
Website: www.kfintech.com
Chemplast Sanmar IPO Lead Managers:
- 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
- YES Securities (India) Limited
Chemplast Sanmar Company Address:
Chemplast Sanmar Limited
9, Cathedral Road,
Chennai – 600 086, Tamil Nadu, India.
Tel.: + 91 44 2812 8500
Fax.: + 91 44 2811 1902
E-mail: grd@sanmargroup.com
Website: http://www.chemplastsanmar.com/
Chemplast Sanmar IPO FAQs
What is Chemplast Sanmar IPO?
Chemplast Sanmar IPO is a main-board IPO. They are going to raise ₹3850 Crores via IPO. The issue is priced at ₹530 to ₹541 per equity share. The IPO is to be listed on BSE & NSE.
When Chemplast Sanmar IPO will open?
The Chemplast Sanmar IPO is to open on 10 Aug 2021 for QIB, NII, and Retail Investors.
What is Chemplast Sanmar IPO Investors Portion?
The investors' portion for Chemplast Sanmar IPO is QIB 50%, NII 15%, and Retail 35%.
How to Apply the Chemplast Sanmar IPO?
You can apply for Chemplast Sanmar IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Chemplast Sanmar IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Chemplast Sanmar". Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is Chemplast Sanmar IPO Size?
Nuvoco Vistas IPO size is ₹3850 crores (Approx).
What is Chemplast Sanmar IPO Price Band?
Chemplast Sanmar IPO Price Band is ₹530 to ₹541.
What is Chemplast Sanmar IPO Minimum and Maximum Lot Size?
The minimum bid is 27 Shares with ₹14,607 amount while the maximum bid is 351 shares with ₹189,891.
What is Chemplast Sanmar IPO Allotment Date?
Chemplast Sanmar IPO allotment date is 18 Aug 2021.
What is Chemplast Sanmar IPO Listing Date?
Chemplast Sanmar IPO listing date is 24 Aug 2021. The IPO to list on BSE and NSE.
