Chemplast Sanmar Limited

Chemplast Sanmar Limited IPO Review

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 Dates10 – 12 August 2021 
Price BandINR530 – 541 per share
Fresh issueINR1,300 crore 
Offer For SaleINR2,550 crore 
Total IPO sizeINR3,850 crore
Minimum bid (lot size)27 shares
Face Value INR5 per share
Retail Allocation10%
Listing OnNSE, 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

DateChemplast Sanmar IPO GMPKostakSubject to Sauda
23 August 2021
20 August 2021INR10
19 August 2021INR15
18 August 2021INR15
17 August 2021INR25

Listing Performance of Chemplast Sanmar Limited IPO

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 Limited IPO FAQ's

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.

Chemplast Sanmar Limited IPO Comments