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ARCHEAN CHEMICAL INDUSTRIES LTD. IPO: All You Need To Know

ARCHEAN CHEMICAL INDUSTRIES LTD. IPO was launched on 9-Nov-22. Here is all you need to know about this IPO.

Archean Chemical Industries is India's largest exporter of bromine and industrial salt as of financial year 2020-2021. The company is the leading speciality marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. The company is the only manufacturer of sulphate potash in India. The company's marine chemicals business is predominately conducted on a business-to-business basis both in India and internationally. The company has an integrated production facility for the bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat, located on the northern edge of the Rann of Kutch brine fields.

ARCHEAN CHEMICAL INDUSTRIES LTD. IPO Details
Issue Opening Date 9-Nov-22
Issue Closing Date 11-Nov-22
Issue Type OFFERS FOR SALE CUM FRESH CAPITAL
Issue Size (INR bn) 14.6
Fresh Issue (No.of shares) 19,778,869
Offer for Sale (No.of shares) 16,150,000
Face Value (INR) 2.00
IPO Price Band (INR) 386 to 407
Market Lot (No.of shares) 36
Min Order Quantity 36
Listing At NSE / BSE
Pricing Method BOOKBUILDING
Year of Incorporation 2009
Industry CHEMICALS
Total Issue Size (No.of shares) 35,928,869
Objects Of Issue REDEMPTION OR EARLIER REDEMPTION, IN PART OR FULL, OF NCDS ISSUED BY COMPANY #GENERAL CORPORATE PURPOSES #OFFER RELATED EXPENSES IN RELATION TO THE FRESH ISSUE
Registrar Details LINK INTIME INDIA PVT.LTD.
ARCHEAN CHEMICAL INDUSTRIES LTD. IPO Timetable
Bid/Offer Launch Date 9-Nov-22
Bid/Offer Close Date 11-Nov-22
Basis of Allotment Finalization Date -
Initiation of Refunds -
Credit of Shares to Demat Account -
Listing Date 21-Nov-22
ARCHEAN CHEMICAL INDUSTRIES LTD. IPO Shares Offered
Category Shares Offered
QIB 26,946,653
HNI 5,389,330
Retail 3,592,886
Employee -
Others -
Total 35,928,869
ARCHEAN CHEMICAL INDUSTRIES LTD. IPO Promoter Holding
Pre Issue Share Holding 66%
Post Issue Share Holding 54%
ARCHEAN CHEMICAL INDUSTRIES LTD. Overall Subscription details (Times subscribed)
Category Subscription Status
QIB 20.35
HNI 13.77
Retail 10.06
Employee -
Others -
Total 18.34
ARCHEAN CHEMICAL INDUSTRIES LTD. Date wise Subscription
Date QIB HNI Retail Employee Mutual Funds Others Total
Day 1 (9-Nov-22) 0.04 0.37 0.98 - - - 0.62
Day 2 (10-Nov-22) 0.57 2.14 3.03 - - - 1.23
Day 3 (11-Nov-22) 48.10 15.35 10.26 - 57.57 - 18.35
ARCHEAN CHEMICAL INDUSTRIES LTD. Financials
Year Ending - - 31-Mar-21
Total Income (Rs m) - - 7,547.90
Total Expenditure (Rs m) - - 6,643.30
Net Profit After Tax (Rs m) - - -
Company Address NO.2,NORTH CRESCENT ROAD, T.NAGAR, CHENNAI 600017, TAMIL NADU
ARCHEAN CHEMICAL INDUSTRIES LTD. IPO Prospectus
DRHP
RHP

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Data Sourced from:

primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.


Have A Question On ARCHEAN CHEMICAL INDUSTRIES LTD. IPO?

When ARCHEAN CHEMICAL INDUSTRIES LTD. IPO will open?

Below is the schedule for the same:

ARCHEAN CHEMICAL INDUSTRIES LTD. IPO

IPO opens on: 9-Nov-22

IPO closes on: 11-Nov-22

What is the lot size of ARCHEAN CHEMICAL INDUSTRIES LTD. IPO?

The lot size of ARCHEAN CHEMICAL INDUSTRIES LTD. IPO is 36 shares. Investors will need to apply for a minimum order of 36 shares and in multiples thereof.

How to apply for ARCHEAN CHEMICAL INDUSTRIES LTD. IPO?

An investor can apply in ARCHEAN CHEMICAL INDUSTRIES LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.

While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.

When is ARCHEAN CHEMICAL INDUSTRIES LTD. IPO allotment?

The tentative finalization of basis of allotment for ARCHEAN CHEMICAL INDUSTRIES LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.

When is ARCHEAN CHEMICAL INDUSTRIES LTD. IPO listing date?

The tentative listing date of ARCHEAN CHEMICAL INDUSTRIES LTD. IPO is scheduled for 21-Nov-22.

Where are the ARCHEAN CHEMICAL INDUSTRIES LTD. shares supposed to be listed?

Shares of ARCHEAN CHEMICAL INDUSTRIES LTD. are expected to list on NSE / BSE.

What is Face value of ARCHEAN CHEMICAL INDUSTRIES LTD. IPO?

At present, one share of ARCHEAN CHEMICAL INDUSTRIES LTD. has a face value of Rs 2.00.

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PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.