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Chemplast Sanmar Limited IPO (Chemplast Sanmar IPO) Detail

Aug 10, 2021 - Aug 12, 2021

Incorporated in 1985, Chemplast Sanmar Ltd is a leading specialty chemical manufacturer in India. The company is engaged in the manufacturing of specialty paste PVC resin, starting materials, and intermediates for agro-chemical, pharmaceuticals, agro-chemical, and fine chemical sectors. It also produces other types of chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas, and Industrial Salt.

It has four manufacturing facilities, among which, 3 are situated at Mettur, Berigai, and Cuddalore in Tamil Nadu, and one is located in Puducherry at Karaikal.

Competitive strengths

  • The largest manufacturer of specialty paste PVC resins in India in terms of installed production capacity.
  • 3rd largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in South India.
  • A part of the SHL Chemicals Group, one of the most prominent corporate groups in South India.
  • A vertically integrated business model with a focus on quality manufacturing.
  • Highly experienced managerial team.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (β‚Ή in million)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 44,860.93 41,075.40 38,015.63
Total Revenue 38,151.08 12,655.10 12,667.74
Profit After Tax 4,102.44 461.25 1184.64

Objects of the Issue

The net proceed from the IPO will be utilized towards the following purposes;

  • Early redemption of NCDs issued by the company in full.
  • Meet general corporate purposes.

Chemplast Sanmar IPO Details

Chemplast Sanmar IPO Date Aug 10, 2021 to Aug 12, 2021
Chemplast Sanmar IPO Face Value ₹5 per share
Chemplast Sanmar IPO Price ₹530 to ₹541 per share
Chemplast Sanmar IPO Lot Size 27 Shares
Issue Size[.] shares of ₹5
(aggregating up to ₹3,850.00 Cr)
Fresh Issue[.] shares of ₹5
(aggregating up to ₹1,300.00 Cr)
Offer for Sale[.] shares of ₹5
(aggregating up to ₹2,550.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

Sanmar Holdings Limited is the promoter of the company.

Chemplast Sanmar IPO Timeline (Tentative Timetable)

Chemplast Sanmar IPO opens on Aug 10, 2021, and closes on Aug 12, 2021. The Chemplast Sanmar IPO bid date is from Aug 10, 2021 10.00 A.M. to Aug 12, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Event Date
Chemplast Sanmar IPO Opening Date Aug 10, 2021
Chemplast Sanmar IPO Closing Date Aug 12, 2021
Basis of Allotment Aug 18, 2021
Initiation of Refunds Aug 20, 2021
Credit of Shares to Demat Aug 23, 2021
Chemplast Sanmar IPO Listing Date Aug 24, 2021

Chemplast Sanmar IPO Lot Size

The Chemplast Sanmar IPO lot size is 27 shares. A retail-individual investor can apply for up to 13 lots (351 shares or ₹189,891).

Application Lots Shares Amount
Minimum 1 27 ₹14,607
Maximum 13 351 ₹189,891

Chemplast Sanmar IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 54.99%

Chemplast Sanmar IPO Review

After a decade the company is trying to relist its shares with 7.5 times higher valuations. It has done many juggleries in the account as can be seen from frequent changes in the Face Value (FV) of its equity shares. Though the issue appears reasonably priced, it is due to the non-convincing super performance of FY21 and sustainability is a major concern. Hence cash surplus/risk seekers may consider investment, others can ignore it. Read detail review...


Chemplast Sanmar IPO Subscription Status (Bidding Detail)

The Chemplast Sanmar IPO is subscribed 2.17 times on Aug 12, 2021 5:00:00 PM. The public issue subscribed 2.29 times in the retail category, 2.70 times in the QIB category, and 1.03 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB2.70
NII1.03
Retail2.29
Total2.17

Chemplast Sanmar IPO Prospectus

Chemplast Sanmar IPO Rating

762
3.3
Rating:Rated 3.3 stars
Vote Here ...

Chemplast Sanmar IPO Listing Date

Listing Date Tuesday, August 24, 2021
BSE Script Code 543336
NSE Symbol CHEMPLASTS
Listing In B Group of Securities
ISIN INE488A01050
IPO Price ₹541 per share
Face Value ₹5 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹541.00
₹525.00
₹510.30
₹550.00
₹534.90
NSE
₹541.00
₹550.00
₹510.00
₹550.00
₹535.60

Company Contact Information

Chemplast Sanmar Limited
9, Cathedral Road, Chennai, 600086


Phone: + (91) 44 28128500
Email: grd@sanmargroup.com
Website: http://www.chemplastsanmar.com/

Chemplast Sanmar IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: chemplast.ipo@kfintech.com
Website: https://karisma.kfintech.com/

Chemplast Sanmar IPO FAQs

Chemplast Sanmar IPO is a main-board IPO of [.] equity shares of the face value of ₹5 aggregating up to ₹3,850.00 Crores. The issue is priced at ₹530 to ₹541 per share. The minimum order quantity is 27 Shares.

The IPO opens on Aug 10, 2021, and closes on Aug 12, 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 Chemplast Sanmar IPO using UPI as a payment gateway. Zerodha customers can apply in Chemplast Sanmar IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Chemplast Sanmar IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Chemplast Sanmar IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Chemplast Sanmar IPO opens on Aug 10, 2021 and closes on Aug 12, 2021.

Chemplast Sanmar IPO lot size is 27 Shares and the minimum order quantity is .

You can apply in Chemplast Sanmar 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Chemplast Sanmar IPO will be done on Aug 18, 2021, and the allotted shares will be credited to your demat account by Aug 23, 2021. Check the Chemplast Sanmar IPO allotment status.

The Chemplast Sanmar IPO listing date is on Tuesday, August 24, 2021.
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Chemplast Sanmar IPO Message Board

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394 Comments

201. arunARUN |   Link |Sep 1, 2021 9:28:44 PM
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Stock moved up on news of release of pledge and pre payment of outstanding debt
200. Manish Ganatra |   Link |Aug 31, 2021 10:32:05 AM
Regret who exited.. i m still holding 2 lot and will go for long term.
199. MS ASSOCIATE |   Link |Aug 27, 2021 6:15:57 PM
Aptus Value share price close above issue price
198. Desu |   Link |Aug 25, 2021 11:25:54 PM
SBI Fund Management acquired 53.07 lakh equity shares in the company via open market transaction, increasing shareholding to 8.25% from 4.89% earlier. Mirae Asset Investment Managers (India) bought 29.56 lakh equity shares in the company via open market transaction, raising stake to 6.84% from 4.97% earlier.
197. RAKESH PUTHRAN |   Link |Aug 25, 2021 7:08:48 PM
Fantastic Buy Back Announced by Kaveri Seed today . Max. Rs. 850/-
196. Rahul Prajapati |   Link |Aug 25, 2021 9:14:39 AM
It''s good share for holding because of mutual fund
195. Chalak lomdi |   Link |Aug 23, 2021 7:49:19 PM
I heard 7 rs. + premium...
Kya kisi ne suna !!
195.4. Chalak lomdi |   Link |Aug 24, 2021 12:20:56 AM
Make stop loss of 441 and enjoy ride...
195.5. arvindarvind |   Link |Aug 24, 2021 3:01:03 PM
Yes sir
Rs 9 premium...
You are 100 % right
194. Have Faith |   Link |Aug 24, 2021 9:58:05 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
What to do in chemplast now ... please tell anyone
194.3. Desu |   Link |Aug 24, 2021 1:05:48 PM
@Vikas. I don''t think so
194.4. ReTel Investor |   Link |Aug 24, 2021 2:16:00 PM
Have Faith in promotor action ?
If Yes, exist as soon as possible.
If No, Stay Invested.
193. Sunaralpha |   Link |Aug 24, 2021 1:15:42 PM
Company business and cash flow are so weak that they need to refinance debt at 17.5 percentage..why people are applying for IPO..to get some 30 to 40 Percentage listing gain. If it is not there what is in the company to hold..it is a three digit PE company if you remove revaluation profits..this is seen from constant EBIDTA for all three years .
192. Rahul Prajapati |   Link |Aug 24, 2021 12:27:49 PM
lol these two ipo stop at an issue price

I think operates waiting for retailer going out
192.1. Rahul Prajapati |   Link |Aug 24, 2021 12:29:03 PM
this two going up at the end of day
191. Have Faith |   Link |Aug 24, 2021 11:23:08 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Exited 532 with nominal loss
191.1. Have Faith |   Link |Aug 24, 2021 11:29:57 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Bad luck continues ...exit krte hi green m ...why it happens with me everytime ...
190. TSG |   Link |Aug 24, 2021 9:57:49 AM
@arunARUN was the only person who was supporting this issue from the beginning and listing in green and good buyers seems his prediction was right.Good work keep it up πŸ‘
190.1. SANDY INVESTOR |   Link |Aug 24, 2021 10:33:49 AM
As against Positive Listing of Rs 9 (Rs 550) with in 5 minutes it was down by Rs 41 (Rs 510) as against Issue Price of Rs 541 still you are praising... Great.
Right now also it is in Red.
189. hbk |   Link |Aug 24, 2021 9:50:52 AM
Sold at 550 in pre opening.
189.1. IPO NOOBIE |   Link |Aug 24, 2021 10:07:20 AM
Vey Good decision. πŸ˜„
188. Chem cho |   Link |Aug 24, 2021 9:56:41 AM
IPO Guru IPO Guru (2400+ Posts, 2600+ Likes)
I am not tracking this share ,
not applied ,
187. Bullish |   Link |Aug 24, 2021 8:59:08 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Hopefully it will list in premium
187.1. Have Faith |   Link |Aug 24, 2021 9:30:52 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Doesn''t look like brother ...It will be a big thing even if it lists in small discount
187.2. OptimusPrime |   Link |Aug 24, 2021 9:52:22 AM
@havefaith please have some faith. It has listed at premium, giving a chance to exit. Might end up in red.
186. AbhishekJain |   Link |Aug 24, 2021 9:49:23 AM
1.16 Percent Premium
18 Lakh Buyers vs 3 lakh Sellers
185. Monster Zero |   Link |Aug 24, 2021 9:47:47 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚smooth operator...1.66% gains
185.1. Have Faith |   Link |Aug 24, 2021 9:49:15 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Now what to do in chemplast hold or sell
184. krupa |   Link |Aug 24, 2021 9:48:33 AM
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
550 rs
Good listing
9 rs premium
183. Have Faith |   Link |Aug 24, 2021 9:32:57 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Buyers are more and indicative price is 300 ??
182. JAI MATA DI |   Link |Aug 22, 2021 4:25:49 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Chemplast Sanmar now discount to premium. Rs 14 buyer. Yesterday in discount --14 to --16. Today heavy buying seen in grey market
182.2. Sunaralpha |   Link |Aug 23, 2021 11:37:35 AM
Might be a gaming by operators to discourage small retailers from putting low value in pre market...
182.3. ANBURAJMUTHIAH |   Link |Aug 23, 2021 2:54:32 PM
What ever listing price, all retailers must be put sell order above targeted price, so automatically every retailers get benefited. why hurry to sell with loss. Keep the share until u get profits or put sell order for above IPO cut off price