The Archean Chemical IPO has begun on 09-Nov-2022. It will close on 11-Nov-2022. The Total IPO Size is 1,462.31 Crore. The company set its IPO price is 386-407 Rs Per Share. Basically, there are three basic categories in Archean Chemical IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
Archean Chemical is established in 2003.
Archean Chemical International Limited are a leading specialty marine chemical manufacturer in India andfocused on producing and exporting bromine, ind ustrial salt, and sulphate of potash to customers around the world.
They have marketed their products to 13 global customers in 13 countries and to 29 domestic customers.
The bromine is used and applications in the pharmaceuticals, agrochemicals, water treatment, flame retardant, additives, oil & gas and energy storage batteries. Industrial salt is an important raw material used in chemical industry for production of sodium carbonate (soda ash), caustic soda, hydrochloric acid, chlorine, bleaching powders, chlorates, sodium sulphate (salt cake) and sodium metal.
Industry Peers
1) Tata Chemicals Limite
2) Deepak Nitrite Limited
3) Aarti Industries Limited
4) eogen Chemicals Limited
Archean Chemical IPO Promotors
1) Chemikas Speciality LLP
2) Ravi Pendurthi
3) Ranjit Pendurthi
Archean Chemical IPO Date, Details & Price Band
| IPO Opening Dates | 09-Nov-2022 |
| IPO Closing Dates | 11-Nov-2022 |
| Price Band | 386-407 Rs |
| Offer For Sale | 657.31 Crore |
| Fresh issue | 805 Crore |
| Total IPO size | 1,462.31 Crore |
| Minimum bid (lot size) | 36 Shares |
| Face Value | 2 INR Per Share |
| Retail Allocation | 10% |
| HNI Allocation | 15% |
| QIB Allocation | 75% |
| Listing On | NSE, BSE |
Archean Chemical IPO Market Lot
The Archean Chemical IPO minimum market lot is 36 shares With 14,652 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 36 | 14,652 Rs |
| Retail Maximum | 13 | 468 | 1,90,476 Rs |
| S-HNI Minimum | 14 | 504 | 2,05,128 Rs |
| B-HNI Maximum | 69 | 2,484 | 10,10,988 Rs |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share (Basic) | |
| 30-Jun-22 | 1606.65 | 408.82 | 84.41 | – |
| 31-Mar-22 | 1529.68 | 1142.83 | 188.58 | – |
| 31-Mar-20 | 1428.6 | 617 | -36.24 | (3.51) |
Archean Chemical IPO GMP & Grey Market Premium
Archean Chemical IPO GMP Grey market premium has been started today. Check Latest Archean Chemical IPO GMP, Kostak Rates and Subject to Sauda Price here.
Archean Chemical IPO Prospectus
| DRHP | Download |
Archean Chemical IPO Reviews
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Archean Chemical IPO Form Download
Archean Chemical IPO form available on NSE, BSE Website as well as on our Portal. Please click here to Download Archean Chemical IPO forms.
Archean Chemical IPO Allotment Date & Details
| Allotment Date | 16-November-2022 |
| Initiation of refunds | 17-November-2022 |
| Transfer of shares to Demat accounts | 18-November-2022 |
| Listing Date | 21-November-2022 |
Registrar of Archean Chemical IPO
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, L.B.S. Marg,
Vikhroli West, Mumbai 400 083
Maharashtra, India
Tel: + 22 4918 6200
E-mail: Email: [email protected]
Website: www.linkintime.co.in
SEBI Registration No.: INR000004058
Archean Chemical Contact Details
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/
Archean Chemical IPO Lead Managers
ICICI Securities Limited
IIFL Securities Limited
JM Financial Limited
FAQ Question
- When is Archean Chemical IPO Listing Date?
Archean Chemical IPO listing date is 21-Nov-2022.
- When Archean Chemical IPO allotment?
Archean Chemical IPO Allotment date is 16-Nov-2022.
- What is Archean Chemical IPO GMP ( Grey market premium) ?
Check latest IPO GMP
- What is the lot size of Archean Chemical IPO?
36 Shares Minimum.
- How to apply in Archean Chemical IPO through Zerodha?
1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Archean Chemical IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).
- How to check Archean Chemical IPO Allotment?
User can check Archean Chemical IPO Allotment on linkintime.co.in website.
- How to check Archean Chemical IPO Subscription Status?
User can check Archean Chemical IPO Subscription Status on our website.
- What is the Price band of Archean Chemical IPO?
386-407 Rs.
- What is the Issue Size of Archean Chemical IPO?
1,462.31 Crore