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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 Promoters:

Sanmar Holdings Limited is the promoter of the company.

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:

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

IPO Opening Date Aug 10, 2021
IPO Closing Date Aug 12, 2021
Issue Type Book Built Issue IPO
Face Value ₹5 per equity share
IPO Price ₹530 to ₹541 per equity share
Market Lot 27 Shares
Min Order Quantity 27 Shares
Listing At BSE, NSE
Issue Size[.] Eq Shares of ₹5
(aggregating up to ₹3,850.00 Cr)
Fresh Issue[.] Eq Shares of ₹5
(aggregating up to ₹1,300.00 Cr)
Offer for Sale[.] Eq Shares of ₹5
(aggregating up to ₹2,550.00 Cr)

Chemplast Sanmar IPO Tentative Timetable

The Chemplast Sanmar IPO open date is Aug 10, 2021, and the close date is Aug 12, 2021. The issue may list on Aug 24, 2021.

IPO Open Date Aug 10, 2021
IPO Close Date Aug 12, 2021
Basis of Allotment Date Aug 18, 2021
Initiation of Refunds Aug 20, 2021
Credit of Shares to Demat Account Aug 23, 2021
IPO Listing Date Aug 24, 2021

Chemplast Sanmar IPO Lot Size

The Chemplast Sanmar IPO market 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 (Cut-off)
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 Subscription Status (Bidding Detail)

The Chemplast Sanmar IPO is subscribed 2.17 times on Aug 12, 2021 17:00. The public issue subscribed 2.29 in the retail category, 2.70 in the QIB category, and 1.03 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB

2.70

NII

1.03

RII

2.29

Total

2.17

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 equity share
Face Value ₹5 per equity 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

KFintech Private 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 equity share. The minimum order quantity is 27 Shares.

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

KFintech Private 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 27 Shares.

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.

Chemplast Sanmar IPO Message Board

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