Anupam Rasayan India Limited

Anupam Rasayan India Limited IPO Review

Anupam Rasayan India Limited IPO Overview

Anupam Rasayan is a major company in India that specialises in the bespoke synthesis and manufacture of specialty chemicals. In1984, the company began as a partnership venture manufacturing conventional products and has since grown into custom synthesis and manufacturing of life science related specialist chemicals and other specialty chemicals. The corporation operates in two business sectors.

Life science specialty chemicals — This vertical houses products linked to agrochemicals, personal care, and medicines. Revenues from this vertical accounted for 95.4 percent of the company’s topline in FY2020 and 92.5 percent in H1 FY2021.
Other specialty chemicals — This sector includes specialty pigments and dyes, as well as polymer additives. In FY2020 and H1 FY2021, revenue from this vertical accounted for 4.6 percent and 7.5 percent of the company’s topline, respectively.

Anupam Rasayan India Limited IPO Details

Subscription Dates

12 – 16 March 2021

Price Band

INR553 – 555 per share

Fresh issue

INR760 crore

Offer For Sale

Nil

Total IPO size

INR760 crore

Minimum bid (lot size)

27 shares

Face Value 

INR10 per share

Retail Allocation

35%

Listing On

NSE, BSE

Anupam Rasayan India Limited IPO Financial Performance

 

FY2018

FY2019

Revenue

349.2

521.0

Expenses

299.4

455.2

Net income

40.1

49.3

Net margin (%)

11.5

9.5

 

 

FY2020

9M FY2021

Revenue

539.4

563.2

Expenses

468.0

496.4

Net income

51.2

47.1

Net margin (%)

9.5

8.4

Anupam Rasayan India Limited IPO Key Ratios

 

FY2018

FY2019

Revenue

349.2

521.0

Expenses

299.4

455.2

Net income

40.1

49.3

Net margin (%)

11.5

9.5

 

 

FY2020

9M FY2021

Revenue

539.4

563.2

Expenses

468.0

496.4

Net income

51.2

47.1

Net margin (%)

9.5

8.4

Anupam Rasayan India Limited IPO GMP Trend

Earnings Per Share (EPS): INR6.94

Price/Earnings (PE ratio): 79.68 – 79.97

Return on Net Worth (RONW): 9.62%

Net Asset Value (NAV): INR76 per share

Listing Performance of Anupam Rasayan India Limited IPO

Listed On :
Mar 24, 2021

Issue Price : 555

Listing Day Close : 525.9

Listing Day Gain :
-5.24

Anupam Rasayan India Limited IPO ISIN Number Code

NSE : ANURAS

BSE : 543275

ISIN CODE : INE930P01018

Anupam Rasayan India Limited IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Anupam Rasayan India Limited IPO Brokers Reviews & Rating

Ajcon Global – Avoid

Anand Rathi –  Subscribe

Angel Broking –  Subscribe

BP Wealth –  Subscribe

Choice Broking – Subscribe for Long Term

Elite Wealth –  Listing gains

Geojit Financial Services – Subscribe

Hem Securities – Subscribe

KR Choksey – Subscribe

Samco Securities – Subscribe for listing gains

SMC Global – 2/5

Ventura Securities – Subscribe

Anupam Rasayan India Limited IPO Important Dates

IPO Opening Date: 12 March 2021

IPO Closing Date: 16 March 2021

Finalisation of Basis of Allotment: 19 March 2021

Initiation of refunds: 22 March 2021

Transfer of shares to demat accounts: 23 March 2021

Listing Date: 24 March 2021

Opening Price on NSE: INR520 per share (down 6.31% from IPO price)

Closing Price on NSE: INR526.8 per share (down 5.08% from IPO price)

Anupam Rasayan India Limited IPO Contact Details

8110, GIDC Industrial Estate,

Sachin, Surat 394 230, Gujarat

Phone: +91 261 239 8991

Email: investors@anupamrasayan.com

Website: www.anupamrasayan.com

Anupam Rasayan India Limited IPO Registrar Contact Details

KFin Technologies Private Limited

Selenium Tower B, Plot 31-32,

Gachibowli, Nanakramguda,

Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 

Fax: +91 40 2343 1551

Email: einward.ris@kfintech.com

Website: www.kfintech.com

Anupam Rasayan India Limited IPO Subscription Details

Category

Shares offered

Day 1

QIB

27,09,259

0.00

NII

20,31,765

0.09

Retail

47,40,785

2.59

Employees

2,20,000

0.30

Total

97,01,809

1.29

 

Category

Day 2

Day 3

QIB

0.37

65.74

NII

1.39

97.42

Retail

6.60

10.77

Employees

0.93

1.71

Total

3.64

44.06

Anupam Rasayan India Limited IPO FAQ's

Anupam Rasayan IPO is a main-board IPO of 13,693,694 equity shares of the face value of ₹10 aggregating up to ₹760.00 Crores. The issue is priced at ₹553 to ₹555 per equity share. The minimum order quantity is 27 Shares.The initial public offering (IPO) begins Mar 12, 2021,,and ends on Mar 16, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.

The Anupam Rasayan IPO opens on Mar 12, 2021 and closes on Mar 16, 2021.

Anupam Rasayan IPO lot size is 27 Shares and the minimum order quantity is 27 Shares.

Anupam Rasayan IPO  can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The  Basis of Allotment for Anupam Rasayan IPO will be done on Mar 19, 2021, and the allotted shares will be credited to your demat account by Mar 23, 2021. Check the Anupam Rasayan IPO allotment status.

The Anupam Rasayan IPO listing date is on Wednesday, March 24, 2021.

Anupam Rasayan India Limited IPO Comments