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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
| Particulars | For the year/period ended (₹ 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 | ||
The net proceed from the IPO will be utilized towards the following purposes;
| 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 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 |
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 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 54.99% |
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...
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)
| Category | Subscription (times) |
|---|---|
| QIB | 2.70 |
| NII | 1.03 |
| Retail | 2.29 |
| Total | 2.17 |
| 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 |
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Chemplast Sanmar Limited
9, Cathedral Road, Chennai, 600086
Phone: + (91) 44 28128500
Email: grd@sanmargroup.com
Website: http://www.chemplastsanmar.com/
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: chemplast.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Lead Manager Reports
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
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.
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