Chemplast Sanmar IPO (Initial Public Offering) will open for subscription on 10 Aug 2021 which is Tuesday. Chemplast Sanmar IPO will close for subscription on 12 July 2021 which is Thursday. The GMP is not started yet and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.3850 crore via IPO.
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 price band of the IPO is ₹530 to ₹541. The Chemplast Sanmar IPO to list on NSE and BSE. Check out Chemplast Sanmar grey market premium, Kostak rates, and subject to sauda rates as of today.
Latest Update: Chemplast Sanmar IPO subscribed x times, QIB x, NII x and RII x times on day 1.
Chemplast Sanmar IPO Subscription Numbers(Day 1 )
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.0x | x | x |
| NII | 0.03x | x | x |
| RII | 0.84x | x | x |
| EMP | x | x | x |
| OTH | x | x | x |
| Total | 0.16x | x | x |
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 IPO Subscription FAQs:
When Chemplast Sanmar IPO Subscription will start?
The Chemplast Sanmar IPO subscription starts on 10 Aug 2021 for QIB, NII, and Retail Investors.
How much is Chemplast Sanmar IPO subscribed?
The Chemplast Sanmar IPO subscribed 0.16x times on day 1.
What is the Chemplast Sanmar IPO retail subscription status?
The Chemplast Sanmar retail subscription is 0.84x on day 1.
How to subscribe to Chemplast Sanmar IPO?
You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Chemplast Sanmar IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.
