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Archean Chemical Industries Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹407
₹407
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹407
Based on GMP
Min. Investment
₹14,652
1 lot × 36 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
09 Nov 2022
Close Date
11 Nov 2022
Allotment
16 Nov 2022
Listing Date
21 Nov 2022
Exchange
NSE & BSE
Price Band
₹407
Listing Price
See chart
Allotment Status
Price Band
₹407
Per share
Face Value
₹2 per share
 
Lot Size
36 Shares
per lot
Issue Size
3,59,28,869 shares (aggregating up to ₹1,462.30 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,652
1 lot
Pre-IPO Holding
10,32,74,120 shares
Promoters
Post-IPO Holding
12,30,52,989 shares
Promoters
P/E (Pre)
16.78x
 
UPI Deadline
2022-11-11
Mandate
Anchor AllotmentMon, 07 Nov 2022
Basis of AllotmentWed, 16 Nov 2022
Refund InitiationThu, 17 Nov 2022
Demat CreditFri, 18 Nov 2022
Listing DayMon, 21 Nov 2022
UPI Mandate Deadline2022-11-11
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,97,78,869 shares (aggregating up to ₹805.00 Cr)
Offer for Sale1,61,50,000 shares of ₹2 (aggregating up to ₹657.31 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Archean Chemical Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Nov 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
35,928,869
100% ₹1,462.30
IPO Shares Offered
Archean Chemical Industries Ltd. IPO total issue size: ₹1,462.30 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 35,928,869 ₹1,462.30
100.00%
* Based on upper price band ₹407 per share
Lot Size & Investment
Lot Size
36
Shares per Lot
Issue Price
₹407.00
Upper Band
Min Investment
₹14,652
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)272₹29,304
Retail (Max — 13 Lots)13468₹190,476
S-HNI (Min — 14 Lots)14504₹205,128
B-HNI (Min — 69 Lots)692,484₹1,010,988
* Issue Price ₹407 × Lot Size 36 shares
IPO Schedule
Anchor
07 Nov 2022
✓ Done
IPO Open
09 Nov 2022
✓ Done
IPO Close
11 Nov 2022
✓ Done
Allotment
16 Nov 2022
✓ Done
Refunds
17 Nov 2022
✓ Done
Demat Credit
18 Nov 2022
✓ Done
Listing Day
21 Nov 2022
✓ Done
Archean Chemical Industries Ltd. — Live Price LIVE
₹407.00
INR · BSE
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Issue ₹407.00 Live Price
About Archean Chemical Industries Ltd.
Archean Chemical Industries Limited is India's largest exporter of bromine and industrial salt in Fiscal 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.Archean Chemical Industries markets theproducts to 18 global customers in 13 countries and to 24 domestic customers. The company was the largest exporter of industrial salt in India with exports of 2.7 million MT in Fiscal 2021.Archean Chemical Industries Limited are the largest exporter of Bromine from India. 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.Strengths:Leading market position, expansion and growth in bromine and industrial salt.High entry barriers in the speciality marine chemicals industry.Established infrastructure and integrated production with cost efficiencies.Focus on environment and safety.Largest Indian exporter of bromine and industrial salt with a global customer base.Strong and consistent financial performance.Experienced management team, promoters and financial investors and stakeholders.
Objects of the Issue
1
1 Redemption or earlier redemption, in part or full, of NCDs issued by the Company
2
2 General corporate purposes
Archean Chemical Industries Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,142.8
31-Mar-22
₹617.0
31-Mar-20
₹572.9
31-Mar-19
Profit After Tax (PAT)
₹188.6
31-Mar-22
-₹36.2
31-Mar-20
₹40.0
31-Mar-19
Particulars31-Mar-1931-Mar-2031-Mar-22
Revenue from Operations 572.91 617.00 1142.83
EBITDA N/A N/A N/A
Profit After Tax (PAT) 39.97 -36.24 188.58
Net Worth 42.37 5.97 261.06
Total Assets 1260.51 1428.60 1529.68
Reserves & Surplus N/A N/A N/A
Borrowings 772.02 929.26 921.87
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered3,59,28,869 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding10,32,74,120 shares
Post-Issue Promoter Holding12,30,52,989 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
IIFL Capital Services Ltd.
ICICI Securities Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Archean Chemical Industries Ltd. IPO subscribed?

Archean Chemical Industries Ltd. IPO is subscribed 1.00 times by Nov 11, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Archean Chemical Industries Ltd. IPO retail subscription status?

The Archean Chemical Industries Ltd. IPO retail category is subscribed 1.00 times as of 11 Nov 2022. The retail portion is oversubscribed.

How to subscribe Archean Chemical Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 09 Nov 2022 and closes 11 Nov 2022. Min investment: ₹14,652 (1 lot = 36 shares). UPI mandate: 2022-11-11.

How many times Archean Chemical Industries Ltd. IPO subscribed?

The Archean Chemical Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Archean Chemical Industries Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Nov 2022. Refunds: on 17 Nov 2022.

When Archean Chemical Industries Ltd. IPO will be listed?

The Archean Chemical Industries Ltd. IPO listing date is 21 Nov 2022, Monday. Listed on: NSE & BSE. Issue price: ₹407. Estimated listing: ₹407. GMP: NIL.

When Archean Chemical Industries Ltd. IPO close?

The Archean Chemical Industries Ltd. IPO closes on 11 Nov 2022, Friday. UPI mandate: 2022-11-11. Allotment: 16 Nov 2022. Listing: 21 Nov 2022.