Archean Chemical Industries Limited IPO Details (Archean Chemical IPO)
Archean Chemical Industries Limited IPO is an NSE BSE IPO. They are going to raise ₹1,462.31 Crores via IPO. The issue is a price range of ₹386 to ₹407 per Equity Share. The IPO is to be listed on NSE and BSE.
Archean Chemical Industries Limited is one of India’s largest exporters of bromine and industrial salt in Fiscal 2021. Archean Chemical is the leading specialty marine chemical manufacturer company in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers across the world.
Archean Chemical Industries have a global market of products to 18 global customers in 13 countries and 24 domestic customers. Archean Chemical is the largest exporter of industrial salt in India with exports of 2.7 million MT.
Archean Chemical Industries Limited is the largest exporter of Bromine from India. The Archean is the only manufacturer company 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.
Archean company has an integrated production facility for the bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat, located on the northern border of the Rann of Kutch brine fields.
What are the services provided by Archean Chemical Industries Limited?
What is the official website of Archean Chemical Industries Limited?
Archean Chemical Industries Limited Official Website is https://www.archeanchemicals.com/
What is the registered address of Archean Chemical Industries Limited?
Archean Chemical Industries Limited
No. 2, North Crescent Road,
T Nagar, Chennai 600 017
Tamil Nadu, India
Phone: +91 44 6109 9999
Email: info@archeanchemicals.com
Website: https://www.archeanchemicals.com/
Archean Chemical Industries Limited Financial Reports
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-19 | 1260.51 | 572.91 | 39.97 | 42.37 | 772.02 |
| 31-Mar-20 | 1428.6 | 617 | -36.24 | 5.97 | 929.26 |
| 31-Mar-22 | 1529.68 | 1142.83 | 188.58 | 261.06 | 921.87 |
| 30-Jun-22 | 1606.65 | 408.82 | 84.41 | 345.44 | 915.58 |
| Amount in ₹ Crore | |||||
Archean Chemical IPO Date & Price Band
| IPO Open: | November 09, 2022 |
| IPO Close: | November 11, 2022 |
| IPO Size: | Approx ₹1,462.31 Crores |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹386 to ₹407 per Equity Share |
| IPO Listing on: | BSE NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
Archean Chemical IPO Market Lot
The Archean Chemical IPO lot size is 36 shares. The minimum lot size is 36 shares (or ₹14,652). A retail-individual investor can apply for up to 13 lots (468 shares or ₹190,476).
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 72 | ₹14,904 |
| Retail (Max) | 13 | 936 | ₹193,752 |
| S-HNI (Min) | 14 | 1,008 | ₹208,656 |
| B-HNI (Min) | 68 | 4,896 | ₹1,013,472 |
Archean Chemical IPO Allotment & Listing Dates
The IPO date is November 09 and the IPO close date is November 11, 2022. The IPO allotment date is November 16 and the Archean Chemical Industries Limited IPO listing is November 21, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Nov 9, 2022 |
| Closing Date | Nov 11, 2022 |
| Basis of Allotment | Nov 16, 2022 |
| Initiation of Refunds | Nov 17, 2022 |
| Credit of Shares to Demat | Nov 18, 2022 |
| Listing Date | Nov 21, 2022 |
Archean Chemical IPO Company Promoter
Chemikas Speciality LLP, Ravi Pendurthi, and Ranjit Pendurthi are the company promoters.
Archean Chemical IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: dcxsystems.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Archean Chemical Industries Limited IPO Lead Managers
- IIFL Securities Ltd
- ICICI Securities Limited
- JM Financial Limited
What is Archean Chemical IPO?
Archean Chemical Industries Limited IPO is an NSE BSE IPO. They are going to raise ₹1,462.31 Crores via IPO. The issue is a price range of ₹386 to ₹407 per Equity Share. The IPO is to be listed on NSE and BSE.
When will Archean Chemical Industries Limited IPO open?
The IPO will open for NII, QIB, and Retail Investors on November 09, 2022.
What is Archean Chemical Industries Limited IPO Investors Portion?
The investors’ portion for NII is 75%, QIB is 15% and Retail is 10%.
What is Archean Chemical IPO Size?
The IPO size is ₹1,462.31 crores.
What is Archean Chemical Industries Limited IPO Price Band?
The IPO Price range of ₹386 to ₹407 per equity share.
What is Archean Chemical IPO Minimum and Maximum Lot Size?
The Archean Chemical IPO lot size is 36 shares. The minimum lot size is 36 shares (or ₹14,652). A retail-individual investor can apply for up to 13 lots (468 shares or ₹190,476).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | ₹14,652 |
| Retail (Max) | 13 | 468 | ₹190,476 |
| S-HNI (Min) | 14 | 504 | ₹205,128 |
| B-HNI (Min) | 69 | 2,484 | ₹1,010,988 |
What is Archean Chemical Industries Limited IPO Allotment?
The IPO allotment date is November 16, 2022.
What is Archean Chemical IPO Listing?
The IPO listing date is November 21, 2022. The IPO to list on BSE NSE.
Also Read: Find the List of Stock Market Holidays in 2022
Also Read: What are the top 10 upcoming IPOs in 2022?
MORE FOR YOU
