Archean Chemical IPO Subscription Status {Live Update 2022}

Archean Chemical IPO

The Archean Chemical IPO Subscription Status has started 09 Nvember 2022 and it is also being subscribed by QIB and NII & RII. let you know that the Archean Chemical IPO has opened on 09 November 2022 and closes on 11 November 2022. Which will be subscribed by 11 November 2022.

Archean Chemical IPO is preparing to raise ₹1462.31 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹805.00 Crores and Offer Sale of ₹657.31 Crores. and Archean Chemical IPO Price Band is Fixed ₹386 to ₹408 per share. Check Archean Chemical IPO GMP Here.

Archean Chemical Industries Limited a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. The company largest exporter of bromine and industrial salt by volume in India in Fiscal 2021. The company marketed our products to 18 global customers in 13 countries and to 24 domestic customers.

Archean Chemical IPO reserved shares in this IPO, 75% for QIB and 15% for NII, and 10% for the retail category have been reserved. To know the Archean Chemical IPO Subscription Status, you can see the below-day Subscription. You can check to know Archean Chemical IPO Allotment status here.

Archean Chemical IPO Review :

DetailsValuation
PAT 2022 :₹188.58 Cr
Issue Price :₹408/ EQ (Cut Off)
EPS 2022 :₹18.26 (March 2022)
PE Ratio :22.34 (PE Approx)
RoNW :72.24% (March 2022)
NAV Value :₹25.28 (March 2022)
Total Assets :₹1606.65 Cr (June 2022)
Market Cap :₹4203.25 Cr Approx
Promoter Holding :65.58% Pre Issue
53.41% Post Issue
Team Review : The company is a leading player an industrial salt, and sulphate of potash
to customers around the world.
 The company PE ratio is very Attractive.

 The company financial performance very strong.
The issue appears reasonably priced, based on FY23 earnings.
 The company promoter stake will decrease but
will hold 53.41% stake after issue which is good.


Apply For Listing Gain And Long Term

Archean Chemical IPO Subscription Status {Live Update} :

The total Archean Chemical IPO Subscription Status subscribed 32.22x times so far, with QIB subscribed 48.91x and NII subscribed 14.90x times & RII 9.95x times and EMP 0.0x times on Day 3. {Update Time : 11 November 2022 05:00 Pm} (Closed)

CategoryDay 1Day 2Day 3
QIB :0.04x0.54x48.91x
NII :
_________
bNII (above ₹10L):
sNII (below ₹10L):
0.36x
______
0.39x
0.31x
2.07x
______
2.21x
1.80x
14.90x
______
16.90x
10.91x
RII :0.95x2.94x9.95x
EMP :0.0x0.0x0.0x
Total :0.30x1.41x32.22x
Archean Chemical IPO Subscription Status

Archean Chemical IPO Net Shares Offered:

Archean Chemical IPO is a public issue of 19,957,325 equity shares. The issue offers 1,07,06,095 shares to qualified institutional buyers, 55,50,738 shares to non-institutional investors, and 37,00,492 shares to retail investors.

CategoryNet EQ OfferAmount(in Cr)
QIB :1,07,06,095435.74 Cr
NII :
________________________
bNII (bids above ₹10L) :
sNII (bids below ₹10L) :
55,50,738
______________
37,00,492
18,50,246
225.91 Cr
_______
150.61 Cr
75.30 Cr
RII :37,00,492150.61 Cr
Total :19,957,325812.26 Cr

Investor Categories Define :

■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc

● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
 bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders

Archean Chemical IPO Date & Price Band & Details :

Issue Type :Book Building Issue
IPO Open :09 November 2022
IPO Close :11 November 2022
IPO Size :₹1462.31. Cr {35,928,992 Shares}
Face Value :₹2. Equity Share
Price Band :₹386– ₹408 Per Share
Listing On :BSE, NSE
Issue Size :₹1462.31. Cr {35,928,992 Shares}
Fresh Issue :₹805.00 Cr {19,778,870 Shares}
Offer For Sale :₹657.31 Cr {16,150,000 Shares}
Archean Chemical IPO Subscription Status

Archean Chemical IPO Market Lot :

Archean Chemical IPO Minimum Market lot is 1 Lot with 36 shares with ₹14,652 Application amount. The retail investors can apply up to 13 lots with 468 Shares or ₹190476 amounts.

ApplicationLotSharesAmount
Retail Minimum :136₹14,652
Retail Maximum :13468₹190,476
S-HNI Minimum :14504₹205,128
B- HNI Minimum :692484₹1,010,988

Archean Chemical IPO Subscription Status FAQs :

How much was the total Archean Chemical IPO Subscription Status?
The total Archean Chemical IPO Subscription Status 32.22x times Day 3.

What is the Archean Chemical IPO retail subscription Status?
Archean Chemical IPO Retail Subscription 9.95x times Day 3.

How much is the Archean Chemical IPO QIB subscription Status?
The Archean Chemical IPO QIB subscription 48.91x times Day 3.

How much did Archean Chemical IPO NII subscribe?
Archean Chemical IPO NII Subscription 14.90x times Day 3.

What is Archean Chemical IPO Allotment Date?
Archean Chemical IPO allotment date is 16 November 2022.

What is Archean Chemical IPO Listing Date?
Archean Chemical IPO listing date is 21 November 2022. The IPO to list on BSE and NSE.

How to Apply the Archean Chemical IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Archean Chemical IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Archean Chemical IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Archean Chemical IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Archean Chemical IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Archean Chemical IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Archean Chemical IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Archean Chemical IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

Archean Chemical IPO GMP: Click Here

Archean Chemical IPO Details: Click Here

Archean Chemical IPO Allotment: Click Here

Archean Chemical IPO Listing: Click Here

All Archean Chemical IPO-related links are available here. If you want to know the details then click on Click Here Link.

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Archean Chemical IPO Subscription Status {Live Update 2022}

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