Bookbuilding IPO | ₹760 Cr | Listed at BSE, NSE | Fri, Mar 12, 2021 - Tue, Mar 16, 2021
Anupam Rasayan IPO is a book build issue of ₹760.00 crores. The issue is entirely a fresh issue of 1.37 crore shares of ₹760.00 crore.
Anupam Rasayan IPO bidding started from Mar 12, 2021 and ended on Mar 16, 2021. The allotment for Anupam Rasayan IPO was finalized on Mar 19, 2021. The shares got listed on NSE and BSE on Mar 24, 2021.
Anupam Rasayan IPO is set final issue price at ₹555 per share. The lot size for an application is 27 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,985 (27 shares) (based on upper price). The lot size investment for sNII is 14 lots (378 shares), amounting to ₹2,09,790, and for bNII, it is 67 lots (1,809 shares), amounting to ₹10,03,995.
The issue includes a reservation of up to 2,20,000 shares for employees offered at a discount of ₹55.00 to the issue price.
Ambit Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Anupam Rasayan IPO RHP for detailed Information.
IPO Open
Fri, Mar 12, 2021
IPO Close
Tue, Mar 16, 2021
Issue Price
₹555 per share
Market Cap (Pre-IPO)
₹5,545.69 Cr
| IPO Date | 12 to 16 Mar, 2021 |
| Listed on | Wed, Mar 24, 2021 |
| Face Value | ₹10 per share |
| Price Band | ₹553 to ₹555 |
| Issue Price | ₹555 per share |
| Lot Size | 27 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹55.00 |
| Total Issue Size | 1,37,15,495 shares (agg. up to ₹760 Cr) |
| Fresh Issue | 1,37,15,495 shares (agg. up to ₹760 Cr) |
| Share Holding Pre Issue | 8,62,06,896 shares |
| Share Holding Post Issue | 9,99,22,391 shares |
| BSE Script Code / NSE Symbol | 543275 / ANURAS |
| ISIN | INE930P01018 |
Anupam Rasayan IPO comprises a total issue size of 1,37,15,495 shares. The net offer to the public is 1,34,95,495 shares, after excluding 2,20,000 shares under a preferential allotment. Of the Net offer 67,47,746 (50.00%) are allocated to QIB, 20,24,325 (15.00%) allocated to NII 47,23,424 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 67,47,746 | 50.00% | 49.20% | NA |
| − Anchor Investor Shares Offered | 40,48,647 | 29.52% | NA | |
| − QIB (Ex. Anchor) Shares Offered | 26,99,099 | 19.68% | NA | |
| NII (HNI) Shares Offered | 20,24,325 | 15.00% | 14.76% | NA |
| Retail Shares Offered | 47,23,424 | 35.00% | 34.44% | 1,74,941 |
| Preferential Reservations | ||||
| Employee Shares Offered | 2,20,000 | 1.60% | NA | |
| Total Shares Offered | 1,37,15,495 | 100.00% | 100.00% | |
Investors can bid for a minimum of 27 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,985 |
| Retail (Max) | 13 | 351 | ₹1,94,805 |
| S-HNI (Min) | 14 | 378 | ₹2,09,790 |
| S-HNI (Max) | 66 | 1,782 | ₹9,89,010 |
| B-HNI (Min) | 67 | 1,809 | ₹10,03,995 |
Anupam Rasayan IPO raises ₹224.70 crore from anchor investors. Anupam Rasayan IPO Anchor bid date is March 10, 2021.
| Bid Date | Wed, Mar 10, 2021 |
| Shares Offered | 40,48,647 |
| Anchor Portion (₹ Cr.) | 224.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Apr 18, 2021 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Jun 17, 2021 |
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹2 Lakhs | Yes |
| Employee + RII/NII | Up to ₹2Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Incorporated in 1984, Anupam Rasayan is one of the leading companies engaged in the cotton synthesis and manufacturing of specialty chemicals in India. The business has 2 verticals; 1. Life Science related specialty chemicals that are used in agrochemicals, personal care, and pharmaceutical sector and 2. other specialty chemicals i.e. pigment & dyes, polymer additives, etc.
The company has a strong long-term relationship with many multinational companies like Syngenta Asia Pacific Pte Ltd, Sumitomo Chemical Company Ltd, and UPL Limited to expand geographical reach across countries like United States, Europe, Japan, and India.
It has 6 manufacturing facilities out of which 4 are situated at Sachin and 2 are located at Jhagadia with an aggregated installed capacity of 23,438 MT.
Competitive strengths
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 1,919.22 | 1,664.07 | 1,322.50 | 1,001.21 |
| Total Income | 563.16 | 539.39 | 520.96 | 349.18 |
| Profit After Tax | 48.09 | 52.98 | 50.21 | 40.34 |
| EBITDA | 130.76 | 134.90 | 92.17 | 74.51 |
| NET Worth | 824.52 | 593.72 | 507.11 | 457.64 |
| Reserves and Surplus | 738.31 | 543.72 | 457.11 | 407.64 |
| Total Borrowing | 841.98 | 818.02 | 669.75 | 434.90 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Chemcon Speciality Chemicals Ltd. | Mainboard | ₹318.00 Cr | ₹340 | null | ₹584.80 | +72.00% | ₹188.08 (-2.08%) |
| Rossari Biotech Ltd. | Mainboard | ₹496.25 Cr | ₹425 | 33.81 | ₹741.65 | +74.51% | ₹523.90 (-0.85%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment of certain indebtedness availed by our Company (including accrued interest) | 563.70 |
| 2 | General corporate purposes | 156.00 |
The Anupam Rasayan IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 31.00 | 1,37,15,495 | 42,51,18,024 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs | 23.84 |
| 2 | Advertising and marketing expenses | 3.00 |
| 3 | Fees payable to the Registrar to the Issue | 0.26 |
| 4 | Brokerage and selling commission payable to SCSBs, Registered Brokers, RTAs and CDPs,as applicable | 3.76 |
| 5 | Processing fees to the SCSBs and to the Sponsor Bank for ASBA Forms procured by Registered Brokers, RTAs or CDPs | 0.81 |
| 6 | Printing and distribution of issue stationery | 2.14 |
| 7 | Fees to regulators, including Stock Exchanges | 2.46 |
| 8 | (i) Listing fees (ii) Fees payable tolegal counsels; and (iii) Miscellaneous | 4.04 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹555.00 | ₹555.00 |
| Open | ₹534.70 | ₹520.00 |
| Low | ₹501.15 | ₹502.25 |
| High | ₹548.95 | ₹548.95 |
| Last Trade | ₹525.90 | ₹526.80 |
Anupam Rasayan IPO is a main-board IPO of 1,37,15,495 equity shares of the face value of ₹10 aggregating up to ₹760 Crores. The issue is priced at ₹555 per share. The minimum order quantity is 27.
The IPO opens on Fri, Mar 12, 2021, and closes on Tue, Mar 16, 2021.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Anupam Rasayan IPO using UPI as a payment gateway. Zerodha customers can apply in Anupam Rasayan IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Anupam Rasayan IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Anupam Rasayan IPO opens on Fri, Mar 12, 2021 and closes on Tue, Mar 16, 2021.
Anupam Rasayan IPO lot size is 27, and the minimum amount required for application is ₹14,985.
You can apply in Anupam Rasayan IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Anupam Rasayan IPO will be done on Friday, March 19, 2021, and the allotted shares will be credited to your demat account by Tue, Mar 23, 2021. Check the Anupam Rasayan IPO allotment status.
The Anupam Rasayan IPO listing date is on Wed, Mar 24, 2021.
