Archean Chemical IPO GMP, Price, Date, Allotment

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

Archean Chemical IPO
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]
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]

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 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

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