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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
| Particulars | For the year/period ended (₹ in millions) | ||||
|---|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 19,192.15 | 16,640.68 | 13,225.03 | 10,012.09 | |
| Total Revenue | 5,631.61 | 5,393.87 | 5,209.61 | 3,491.82 | |
| Profit After Tax | 480.94 | 529.75 | 502.09 | 403.41 | |
The net proceeds from the IPO will be utilized towards the following purposes:
| IPO Date | Mar 12, 2021 to Mar 16, 2021 |
| Listing Date | Wednesday, March 24, 2021 |
| Face Value | ₹10 per share |
| Price | ₹553 to ₹555 per share |
| Lot Size | 27 Shares |
| Issue Size | 13,693,694 shares of ₹10 (aggregating up to ₹760.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Company Promoters | Mr. Anand S Desai, Dr. Kiran C Patel, Ms. Mona A Desai, Kiran Pallavi Investments LLC, and Rehash Industrial and Resins Chemicals Private Limited are the company promoters. |
Anupam Rasayan IPO opens on Mar 12, 2021, and closes on Mar 16, 2021. The Anupam Rasayan IPO bid date is from Mar 12, 2021 10.00 A.M. to Mar 16, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
| Event | Tentative Date |
|---|---|
| Opening Date | Mar 12, 2021 |
| Closing Date | Mar 16, 2021 |
| Basis of Allotment | Mar 19, 2021 |
| Initiation of Refunds | Mar 22, 2021 |
| Credit of Shares to Demat | Mar 23, 2021 |
| Listing Date | Mar 24, 2021 |
The Anupam Rasayan IPO lot size is 27 shares. A retail-individual investor can apply for up to 13 lots (351 shares or ₹194,805).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,985 |
| Retail (Max) | 13 | 351 | ₹194,805 |
| Pre Issue Share Holding | 75.80% |
| Post Issue Share Holding | 65.40% |
Based on the companyââ‚-â„¢s financial data, the issue appears aggressively priced. However, considering the rising fancy for life care and speciality chemicals segment linked with future performance trends, the company is expected to do well post listing going forward. Based on these aspects, investors looking for a long term bet may consider investing in this IPO. Read detail review...
The Anupam Rasayan IPO is subscribed 44.06 times on Mar 16, 2021 5:00:00 AM. The public issue subscribed 10.77 times in the retail category, 65.74 times in the QIB category, and 97.42 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 65.74 |
| NII | 97.42 |
| Retail | 10.77 |
| Employee | 1.71 |
| Total | 44.06 |
| Listing Date | Wednesday, March 24, 2021 |
| BSE Script Code | 543275 |
| NSE Symbol | ANURAS |
| Listing In | |
| ISIN | INE930P01018 |
| IPO Price | ₹555 per share |
| Face Value | ₹10 per share |
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Anupam Rasayan India Limited
8110, GIDC Industrial Estate,
Sachin, Surat 394 230
Phone: (+91 261) 239 8991
Email: investors@anupamrasayan.com
Website: http://www.anupamrasayan.com/
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: anupamrasayan.ipo@kfintech.com
Website: https://karisma.kfintech.com/
| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 9 | 0 | 1 |
| Members | 0 | 0 | 0 |
IPO Broker Recommendations
Anupam Rasayan IPO is a main-board IPO of 13,693,694 equity shares of the face value of ₹10 aggregating up to ₹760.00 Crores. The issue is priced at ₹553 to ₹555 per share. The minimum order quantity is 27 Shares.
The IPO opens on Mar 12, 2021, and closes on Mar 16, 2021.
KFin Technologies Limited 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 Mar 12, 2021 and closes on Mar 16, 2021.
Anupam Rasayan IPO lot size is 27 Shares and the minimum order quantity is .
You can apply in Anupam Rasayan IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Anupam Rasayan IPO will be done on Mar 19, 2021, and the allotted shares will be credited to your demat account by Mar 23, 2021. Check the Anupam Rasayan IPO allotment status.
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Share is going now
I have alloted 1 lot
Kab tak hold karu
Anyone have idea??