Archean Chemical IPO Review
Archean Chemical IPO Overview
In Fiscal 2021, Archean Chemical Industries Limited is India’s top exporter of industrial salt and bromine. The business, which is the top producer of specialty marine chemicals in India, focuses on creating and exporting bromine, industrial salt, and sulphate of potash for use by clients all over the world.
The products are sold by Archean Chemical Industries to 29 domestic customers as well as 13 international clients in 13 different nations. Having exported 2.7 million MT of industrial salt in Fiscal 2021, the firm was India’s top industrial salt exporter.
From India, Archean Chemical Industries Limited is the main exporter of bromine. In India, the business is the sole producer of sulphate potash. The majority of the company’s marine chemicals business is done on a business-to-business basis both domestically and abroad.
Archean Chemical IPO Details
| IPO Date | Nov 9, 2022 to Nov 11, 2022 |
| Listing Date | Nov 21, 2022 |
| Face Value | ₹2 per share |
| Price | ₹386 to ₹407 per share |
| Lot Size | 36 Shares |
| Issue Size | 35,928,870 shares of ₹2 (aggregating up to ₹1,462.31 Cr) |
| Fresh Issue | 19,778,870 shares of ₹2 (aggregating up to ₹805.00 Cr) |
| Offer for Sale | 16,150,000 shares of ₹2 (aggregating up to ₹657.31 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not less than 75% of the Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
| Company Promoters | Chemikas Speciality LLP, Ravi Pendurthi and Ranjit Pendurthi are the company promoters. |
Archean Chemical IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-19 | 1260.51 | 572.91 |
31-Mar-20 | 1428.6 | 617 |
Amount in ₹ Crore | ||
Period Ended | Profit After Tax | Net Worth | Total Borrowing |
31-Mar-19 | 39.97 | 42.37 | 772.02 |
31-Mar-20 | -36.24 | 5.97 | 929.26 |
Amount in ₹ Crore | |||
Archean Chemical IPO Key Ratios
FY 2019 | FY 2020 | |
EPS | 5.44 | (3.51) |
RONW (%) | 94.34 | (606.95) |
ROCE (%) | 17.81 | 11.23 |
EBITDA (%) | 34.37 | 25.78 |
Debt/Equity | 18.22 | 155.66 |
FY 2021 | FY 2022 | |
EPS | 6.45 | 18.26 |
PE ratio | – | 21.14 – 22.29 |
RONW (%) | 92.04 | 72.24 |
NAV | 7.01 | 25.28 |
ROCE (%) | 21.01 | 34.62 |
EBITDA (%) | 37.29 | 42.42 |
Debt/Equity | 13.53 | 3.53 |
Listing Performance of Archean Chemical IPO
Listed On : BSE NSE
Issue Price :₹386 to ₹407 per share
Listing Day Close :
Listing Day Gain :
Archean Chemical IPO ISIN Number Code
NSE : NA
ISIN CODE :INE128X01021
BSE : NA
Archean Chemical IPO Allotment Status
Archean Chemical IPO Important Dates
| Opening Date | Nov 9, 2022 |
| Closing Date | Nov 11, 2022 |
| Basis of Allotment | Nov 16, 2022 |
| Initiation of Refunds | Nov 17, 2022 |
| Credit of Shares to Demat | Nov 18, 2022 |
| Listing Date | Nov 21, 2022 |
Archean Chemical IPO Contact Details
No. 2, North Crescent Road,
T Nagar, Chennai 600 017
Tamil Nadu, India
Phone: +91 44 6109 9999
Email: info@archeanchemicals.com
Website: https://www.archeanchemicals.com/
Archean Chemical IPO Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: archean.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Archean Chemical IPO FAQ's
The Archean Chemical IPO is a BSE, NSE IPO of ₹386 to ₹407 per equity share with a face value of 10 per equity share.
The issue size is priced at 35,928,870 shares of ₹2 (aggregating up to ₹1,462.31 Cr).
The fresh issue size priced at 19,778,870 shares of ₹2 (aggregating up to ₹805.00 Cr).
The Offer for sale priced 16,150,000 shares of ₹2 (aggregating up to ₹657.31 Cr).
The initial public offering (IPO) begins on Nov 9, 2022 and ends on Nov 11, 2022.
The registrar for the IPO is Link Intime India Private Ltd.
The Archean Chemical IPO opens on Nov 9, 2022 and closes on Nov 11, 2022.
The IPO Issue date listed on Nov 21, 2022.
Archean Chemical IPO Market lot size is 36 Shares and the minimum order quantity is 36 Shares.
The finalisation of Basis of Allotment for Archean Chemical IPO will be done on Nov 16, 2022. and the allotted shares will be credited to your demat account by Nov 18, 2022. Check the Archean Chemical IPO status.
The Archean Chemical IPO listing date is on Nov 21, 2022.
Archean Chemical IPO applications 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.
Archean Chemical IPO Comments
Share this Content
Main Board IPO
SME IPO 2021
Upcoming IPO