Archean Chemical Industries Limited

Archean Chemical Industries Limited

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₹14,652(36 Shares)

Minimum Investment

IPO Dates

Nov 9, 2022 – Nov 11, 2022

Price Band

₹386–407 per equity share

Lot Size

36

Listing

Nov 21, 2022

Listing At

BSE, NSE

Nov 9, 2022Open DateCompleted
Nov 11, 2022Close DateCompleted
TBAAllotment DateUpcoming
Nov 21, 2022Listing DateCompleted

Archean Chemical Industries Limited Live Subscription Details

All IPOs
QIB48.91x
Retail9.95x
NIIs
14.90x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

10.91x

bHNI (> ₹10L)

Bids above ₹10L

16.90x

Overall Subscription

Total Bids Received

32.23x

Archean Chemical Industries Limited IPO Issue Details

Issue Price
₹386-407 Per Equity Share
Face Value
₹2 Per Equity Share
Listing At
BSE, NSE
Listing Date
Nov 21, 2022

Company Information

Archean Chemical Industries Limited is the largest exporter of bromine and industrial salt in India in Fiscal 2021. The company is the leading speciality marine chemical manufacturer in India and is f...

Valuations

RoNW

72.24%

Financial Information (₹ in Crores)

MetricFY 22FY 20FY 19
Total Assets1529.681428.61260.51
Total Revenue1142.83617572.91
Profit After Tax188.5836.2439.97
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Redemption or earlier redemption, in part or full, of NCDs issued by the Company.
  2. 2General corporate purposes.
  3. 3The Selling Shareholders will be entitled to their respective portion of the proceeds of the Offer for Sale.

Archean Chemical Industries Limited – Promoter(s)

Chemikas Speciality LLP
Ravi Pendurthi
Ranjit Pendurthi

Contact Details

Archean Chemical Industries Limited IPO Documents

Frequently Asked Questions — Archean Chemical Industries Limited IPO

The Archean Chemical Industries Limited IPO price band is set at ₹386.00 to ₹407.00 per equity share.

The lot size for Archean Chemical Industries Limited IPO is 36 shares per lot. The minimum investment amount is approximately ₹14,652.

The Archean Chemical Industries Limited IPO opens on Nov 9, 2022 and closes on Nov 11, 2022.

Archean Chemical Industries Limited IPO is expected to be listed on Nov 21, 2022 on BSE, NSE.

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