Sun. Nov 27th, 2022


Archean Chemical IPO Details: Archean Chemical IPO Date is fixed, the IPO is it hit the market on November 9 and will close on November 11, 2022. Archean Chemical IPO to collect around ₹1,492 million dollars via IPO which includes a fresh issue of ₹805 crore and an offer for sale of up to 16,150,000 equity shares of ₹2 each. The retail fee is 10%QIB is 75% and HNI is 15%.

Archean Chemical Industries is a leading specialty chemical manufacturing company based in India. They have a wide presence in global markets. They are the first integrated plant of its kind in India to produce Industrial Salt, Bromine and Sulphate of Potash.

They are one of the largest exporters of bromine and industrial salt in fiscal year 2021. The product and export of bromine, industrial salt and sulphate of potash to customers worldwide. The company’s production capacity is 28500 metric tons of liquid bromine per year, 3000000 metric tons of industrial salt per year and 130000 metric tons of potash sulfate per year. They are the only manufacturer of Sulphate of Potash in India. Its facility for bromine, industrial salt and sulphate of potash operations, located at Hajipir, Gujarat, situated at the northern end of the brine fields of the Rann of Kutch.

Important details

  • One of the leading specialty chemical manufacturing companies based in India.
  • Top exporters of bromine and industrial salt in fiscal year 2021.
  • Sole Manufacturer of Sulphate of Potash in India.

Archean Chemical IPO Review (apply or not)

Brokerage Firm IPO Review

  • Capital market: Will update soon
  • Religare Broking: Will update soon
  • Hem Securities: Will update soon
  • Capital of Arihant: Will update soon

Archean Chemical IPO date and price band details

IPO Open: November 9, 2022
Closing of the IPO: November 11, 2022
IPO Size: Approx ₹1,462 crore
New Topic: Approx ₹805 crores
Sales offer: Approx 16,150,000 Equity shares
Apparent value: ₹2 Per share of capital
IPO Price Range: ₹386 to ₹407 per share
IPO listing at: BSE and NSE
Retail Quota: 10%
QIB quota: 75%
NII quota: 15%
Discount: N/A
DRHP Prospectus Draft: Click here
RHP Draft Prospectus: Click here
List of Anchor Investors: Click here

Archean Chemical IPO market lot

Archean Chemical’s minimum IPO market lot is 36 shares with an ask amount of ₹14,652. Retail investors can apply for up to 13 lots with 468 shares or an amount of ₹190,476.

application Lot size Shares Amount
Minimal retail 1 36 R$ 14,652
Maximum in detail 13 468 R$ 190,476
S-HNI Minimum 14 504 R$ 205,128
B-HNI Minimum 68 2,484 R$ 1,010,988

Archean Chemical IPO Allotment and Listing Dates

Archean Chemical’s IPO date is November 9th and the closing date is November 11th. Archean Chemical’s IPO award will close on November 16 and IPO listing on November 21.

Price Band Announcement: November 3, 2022
Allocation of anchor investors: November 8, 2022
IPO opening date: of November 9, 2022
IPO closing date: November 11, 2022
Award basis: November 16, 2022
Refunds: November 17, 2022
Demat Account Credit: November 18, 2022
Archean Chemical IPO Listing Date: November 21, 2022

You can check IPO subscription status i IPO award status on their respective pages.

Archean Chemical IPO form

How to apply for Archean Chemical IPO? You can apply for Archean Chemical IPO through ASBA available in your bank account. Just go to your online bank login and apply through your bank account by selecting Archean Chemical IPO in the investment section. The other option is that you can apply for Archean Chemical IPO through IPO forms downloaded through NSE and BSE. See Archean Chemical Forms – Click EEB forms & NSE forms Download, fill out and submit blank IPO forms to your bank or broker.

Archean Chemical Company Financial Report

₹ in Crores
course income expense PAT
2020 ₹617 ₹634 ₹ 36.22
2021 ₹755 ₹664 ₹ 66.07
2022 ₹1143 ₹892 R$ 188.58

Archean Chemical IPO Valuation – FY2022

Check Archean Chemical IPO valuation details such as Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Equity (RoNW) and Net Asset Value details ( NAV).

Earnings per share (EPS): ₹ 18.26 per capital share
Price/Earnings P/E ratio: N/A
Return on equity (RoNW): 72.24%
Net asset value (NAV): ₹ 25.28 per capital share

peer group

  • Tata Chemicals Limited
  • Aarti Industries Limited
  • Deepak Nitrite Limited
  • Neogen Chemicals Limited
  • Chemikas Specialty LLP
  • Ravi Pendurthi
  • Ranjit Pendurthi

Archean Chemical IPO Registration

Link Intime India Private Ltd
Telephone: +91-22-4918 6270
E-mail: [email protected]
Website: https://linkintime.co.in/

Archean Chemical IPO Allotment Status Check

Check the award status of Archean Chemical’s IPO at the award URL on the Linkintime website. Click here

Archean Chemical IPO Lead Managers

  • IIFL Securities Ltd
  • ICICI Securities Limited
  • JM Financial Limited

company address

Archean Chemical Industries Limited
No. 2, North Crescent Road,
T Nagar, Chennai 600 017
Tamil Nadu, India
Telephone: +91 44 6109 9999
E-mail: [email protected]
Website: https://www.archeanchemicals.com/

Archean Chemical IPO FAQs

What is Archean Chemical IPO?

Archean Chemical IPO is a Main Board IPO. They are going to raise ₹1462 crores via OPI. The point is priced from ₹386 to ₹407 for share of capital. The IPO must be listed on EEB and NSE.

When will Archean Chemical’s IPO open?

The IPO will open November 9, 2022 for QIBs, NIIs and retail investors.

What is Archean Chemical IPO Investors Part?

The part of the investors for QIB is 75%, NII is 15%i Retail is 10%.

How to apply Archean Chemical IPO?

You can apply for Archean Chemical IPO through ASBA online through your bank account. you can too apply for ASBA online through UPI through your stock brokers. You can also apply through your stockbrokers by filling the offline form.

How to Apply Archean Chemistry IPO through Zerodha?

Log in to the console on the Zerodha website or app. Go to Wallet and click on IPO. You will see the name of the IPO “Archean Chemical”. Click the offer button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.

How to Apply Archean Chemical IPO via Upstox?

Log in to the Upstox app with your credentials. Select the IPO. You will see the name of the IPO “Archean Chemical”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Upstox.

How to apply Archean Chemical IPO using Paytm Money?

Login to Paytm Money app with your credentials. Select the IPO. You will see the name of the IPO “Archean Chemical”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.

What is the size of Archean Chemical’s IPO?

Archean Chemical’s IPO size is 1462 million rubles.

What is Archean Chemical IPO Price Band?

Archean Chemical’s IPO price band is ₹386 to ₹407.

What is the minimum and maximum lot size of Archean Chemical IPO?

The minimum bid is 36 actions with R$ 14,652 amount while the maximum bid is 468 actions with R$ 190,476.

What is Archean Chemical’s IPO award date?

Archean Chemical’s IPO award date is November 16, 2022.

What is the IPO date of Archean Chemical?

Archean Chemical’s IPO listing date is November 21, 2022. The IPO must be listed on the ESB and the ENE.

Note: Archean Chemical’s price band and IPO date are officially announced. The gray market premium of the IPO (Archean Chemical IPO Premium) will be added to the Gray market IPO page as it will begin).

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