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Chemplast Sanmar Limited IPO (Chemplast Sanmar IPO) Detail

August 10, 2021 - August 12, 2021

Chemplast Sanmar IPO is a book built issue of Rs 3,850.00 crores. The issue is a combination of fresh issue of Rs 1,300.00 crores and offer for sale of Rs 2,550.00 crores.

Chemplast Sanmar IPO bidding started from August 10, 2021 and ended on August 12, 2021. The allotment for Chemplast Sanmar IPO was finalized on Wednesday, August 18, 2021. The shares got listed on BSE, NSE on August 24, 2021.

Chemplast Sanmar IPO price band is set at ₹530 to ₹541 per share. The minimum lot size for an application is 27 Shares. The minimum amount of investment required by retail investors is ₹14,607.

Ambit Private Limited, Axis Capital Limited, Bob Capital Markets Limited, Credit Suisse Securities (India) Private Limited, Hdfc Bank Limited, ICICI Securities Limited, Iifl Securities Ltd, Indusind Bank Limited and Yes Securities (India) Limited are the book running lead managers of the Chemplast Sanmar IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Chemplast Sanmar IPO RHP for detailed information.

Chemplast Sanmar IPO Details

IPO Date August 10, 2021 to August 12, 2021
Listing Date August 24, 2021
Face Value ₹5 per share
Price Band ₹530 to ₹541 per share
Lot Size 27 Shares
Total Issue Size
Fresh Issue[.] shares
(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

Chemplast Sanmar IPO Reservation

Chemplast Sanmar IPO a total of 39,952,829 shares are offered. QIB: 21,792,453 (54.55%), RII: 7,264,150 (18.18%), NII: 10,896,226 (27.27%).

Anchor Investor Shares Offered-
QIB Shares Offered21,792,453 (54.55%)
NII (HNI) Shares Offered10,896,226 (27.27%)
Retail Shares Offered7,264,150 (18.18%)
Total Shares Offered39,952,829 (100%)

Chemplast Sanmar IPO Timeline (Tentative Schedule)

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

IPO Open Date Tuesday, August 10, 2021
IPO Close Date Thursday, August 12, 2021
Basis of Allotment Wednesday, August 18, 2021
Initiation of Refunds Friday, August 20, 2021
Credit of Shares to Demat Monday, August 23, 2021
Listing Date Tuesday, August 24, 2021
Cut-off time for UPI mandate confirmation 5 PM on August 12, 2021

Chemplast Sanmar IPO Lot Size

Investors can bid for a minimum of 27 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 27 ₹14,607
Retail (Max) 13 351 ₹189,891
Lot Size Calculator

Chemplast Sanmar IPO Promoter Holding

Sanmar Holdings Limited is the promoter of the company.

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

About Chemplast Sanmar Limited

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 (₹ 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 (Chemplast Sanmar IPO Objectives)

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 Review (May apply)

[Dilip Davda]  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 Details

Listing Date August 24, 2021
BSE Script Code 543336
NSE Symbol CHEMPLASTS
ISIN INE488A01050
Final Issue Price ₹541 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue 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

Check IPO Performance…

Chemplast Sanmar IPO Contact Details

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://kosmic.kfintech.com/ipostatus/

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 August 10, 2021, and closes on August 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 August 10, 2021 and closes on August 12, 2021.

Chemplast Sanmar IPO lot size is 27 Shares, and the minimum amount required is ₹14,607.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

The Chemplast Sanmar IPO listing date is on 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 (1800+ Posts, 1600+ 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
IPO Guru IPO Guru (1200+ Posts, 800+ Likes)
I heard 7 rs. + premium...
Kya kisi ne suna !!
195.4. Chalak lomdi |   Link |Aug 24, 2021 12:20:56 AM
IPO Guru IPO Guru (1200+ Posts, 800+ Likes)
Make stop loss of 441 and enjoy ride...
195.5. arvindarvind |   Link |Aug 24, 2021 3:01:03 PM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
Yes sir
Rs 9 premium...
You are 100 % right
194. Have Faith |   Link |Aug 24, 2021 9:58:05 AM
Top Contributor Top Contributor (500+ 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 (500+ Posts, 100+ Likes)
Exited 532 with nominal loss
191.1. Have Faith |   Link |Aug 24, 2021 11:29:57 AM
Top Contributor Top Contributor (500+ 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 👍
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
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Sold at 550 in pre opening.
189.1. IPO NOOBIE |   Link |Aug 24, 2021 10:07:20 AM
Vey Good decision. 😄
188. Chem cho |   Link |Aug 24, 2021 9:56:41 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
I am not tracking this share ,
not applied ,
187. Bullish |   Link |Aug 24, 2021 8:59:08 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Hopefully it will list in premium
187.1. Have Faith |   Link |Aug 24, 2021 9:30:52 AM
Top Contributor Top Contributor (500+ 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 (2900+ Posts, 2500+ Likes)
😂😂😂😂smooth operator...1.66% gains
185.1. Have Faith |   Link |Aug 24, 2021 9:49:15 AM
Top Contributor Top Contributor (500+ 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 (500+ Posts, 100+ Likes)
Buyers are more and indicative price is 300 ??
182. JAI MATA DI |   Link |Aug 22, 2021 4:25:49 PM
IPO Mentor IPO Mentor (700+ Posts, 500+ 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