The company is an Indian specialty chemicals manufacturer that specialises in speciality paste PVC resin and bespoke manufacturing of starting materials and intermediates for the pharmaceutical, agro-chemical, and fine chemicals industries. Chemplast Sanmar is perhaps India’s biggest producer of claim to fame glue PVC sap as far as introduced creation limit as of December 31, 2020.
Furthermore, on the basis of installed production capacity as of 31 December 2020, the firm is the third largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in the South India region, as well as one of India’s oldest manufacturers in the chloromethanes market.
Chemplast Sanmar likewise obtained 100% value revenue in CCVL that is the second biggest producer of suspension PVC pitch in India and the biggest maker in the South India district, based on introduced creation limit starting at 31 December 2020. The organization has a coal-based hostage power plant of 48.5 MW at its Mettur Facility and two flammable gas based hostage power plants of 8.5 MW and 3.5 MW separately, at the Karaikal Facility.
Subscription Dates | 10 – 12 August 2021 |
Price Band | INR530 – 541 per share |
Fresh issue | INR1,300 crore |
Offer For Sale | INR2,550 crore |
Total IPO size | INR3,850 crore |
Minimum bid (lot size) | 27 shares |
Face Value | INR5 per share |
Retail Allocation | 10% |
Listing On | NSE, BSE |
| FY2019 | FY2020 | FY2021 |
Revenue | 1,266.8 | 1,265.5 | 3,815.1 |
Expenses | 1,038.0 | 1,128.2 | 3,401.6 |
Net income | 118.5 | 46.1 | 410.2 |
Margin (%) | 9.4 | 3.6 | 10.8 |
Earnings Per Share (EPS): INR30.60
Price/Earnings (PE ratio): 17.32 – 17.68
Return on Net Worth (RONW): NA
Net
Asset Value (NAV): -INR139.15 per share
Date | Chemplast Sanmar IPO GMP | Kostak | Subject to Sauda |
23 August 2021 | – | – | – |
20 August 2021 | INR10 | – | – |
19 August 2021 | INR15 | – | – |
18 August 2021 | INR15 | – | – |
17 August 2021 | INR25 | – | – |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Chemplast Sanmar Limited | Aug 24, 2021 | 541 | 534.9 | -1.13 |
NSE : CHEMPLASTS
BSE : 543336
ISIN CODE : INE488A01050
Angel Broking – Neutral
Hem Securities – Subscribe
ICICIdirect – Unrated
Marwadi Financial Services – Subscribe with caution
Samco Securities – Avoid
Ventura Securities – Subscribe
IPO Opening Date: 10 August 2021
IPO Closing Date: 12 August 2021
Finalisation of Basis of Allotment: 18 August 2021
Initiation of refunds: 20 August 2021
Transfer of shares to demat accounts: 23 August 2021
Listing Date: 24 August 2021
Opening Price on NSE: INR550 per share (up 1.66% from IPO price)
Closing Price on NSE: INR536 per share (down 0.92% from IPO price)
Chemplast Sanmar Limited
9, Cathedral Road,
Chennai, 600086,
Tamil Nadu, India
Phone: +91 44 28128500
Email: grd@sanmargroup.com
Website: www.chemplastsanmar.com
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
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 2,17,92,453 | 0.00 | 0.02 | 2.70 |
NII | 1,08,96,226 | 0.03 | 0.06 | 1.03 |
Retail | 72,64,150 | 0.84 | 1.29 | 2.29 |
Total | 3,99,52,829 | 0.16 | 0.26 | 2.17 |
Chemplast Sanmar IPO is a main-board IPO of equity shares of the face value of of ₹5 aggregating up to ₹3,850.00 Crores. The issue is priced at ₹530 to ₹541 per equity share. The minimum order quantity is 27 Shares.The initial public offering (IPO) begins on 10, 2021and ends on Aug 12, 2021…The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Chemplast Sanmar IPO opens on Aug 10, 2021 and closes on Aug 12, 2021.
Chemplast Sanmar IPO lot size is 27 Shares and the minimum order quantity is 27 Shares.
Chemplast Sanmar 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.
The Basis of Allotment for Chemplast Sanmar IPO will be done on Aug 18, 2021, and the allotted shares will be credited to your demat account by Aug 23, 2021. Check the Chemplast Sanmar IPO allotment status.
The Chemplast Sanmar IPO listing date is on Tuesday, August 24, 2021.
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