Archean Chemical IPO, Dates, Review, Price, Form, & Allotment Details 2022

Archean Chemical IPO

The largest exporter of bromine and industrial salt company Archean Chemical IPO will be hit the market 09 November 2022 and closes on 11 November 2022. According to RHP, the company wants to raise ₹1462.31 crore through IPO. The company will issue fresh shares of ₹805.00 crores through this IPO and will issue shares through offer for sale of ₹657.51 crores.

The company has reserved 75% for QIB, 15% for NII and 10% for Retail Investor in this IPO.

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. You can check to know Archean Chemical IPO GMP here.

Read also: Upcoming IPO List 2022

The company manufacturing facility had an installed capacity of 28,500 MT per annum of bromine, 3,000,000 MT per annum of industrial salt and 130,000 MT per annum of sulphate of potash. In the three months ended June 30, 2022 and in Fiscal 2022. You can check to know Archean Chemical IPO Subscription status here.

The company integrated production facility for our bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat, which is located on the northern edge of the Rann of Kutch brine fields. the company manufacturing facility is located in close proximity to the captive Jakhau Jetty and Mundra Port, and transport our products to our customers internationally. You can check to know Archean Chemical IPO Allotment status here.

Object Of the Issue :

  • Redemption or earlier redemption, in part or full, of NCDs issued by our Company.
  • General corporate purposes.

Company Strengths :

  • Leading market position, expansion and growth in bromine and industrial salt
  • High entry barriers in the specialty marine chemicals industry
  • Established infrastructure and integrated production with cost efficiencies
  • Focus on environment and safety
  • Largest Indian exporter of bromine and industrial salt with global customer base
  • Strong and consistent financial performance
  • Experienced management team, promoters and financial investors and stakeholders

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 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}
Paytm

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 Shares Offer :

A Total of 35,928,992 shares are to be bid for the public issue by Archean Chemical IPO with 19,778,870 for Fresh issue and 16,150,000 for offer for sale Shares.

CategoryShares OffersAmount
Fresh issue :19,778,870₹805.00 cr
Offer For Sale :16,150,000₹657.31 Cr
Total :35,928,870₹1462.31 Cr

Archean Chemical IPO Reservation :

Archean Chemical IPO Total Reservation of 35,928,992 shares are to be bid for the public issue by Archean Chemical IPO with 26,946,744 for QIB and 53,89,348 for NII 35,92,899 For RII & – Shares EMP.

CategoryReservationSharesAmount
QIB :75%26,946,744₹1096.73 Cr
NII :15%53,89,348₹219.35 Cr
RII :10%35,92,899₹146.23 Cr
EMP :– %₹-
Total :100%35,928,992₹1462.31 Cr
Upstox Referal

Archean Chemical IPO EPS & RoNW :

The Archean Chemical company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.

YearEPS Growth in (Rs.)Return On Net Worth %
2022₹18.2672.24 %
2021₹6.4592.02 %
2020₹3.51605.06 %

Archean Chemical IPO Peer Comparison PE :

The Archean Chemical, According to DRHP of the company few company is listed whose PE Multiple is shown in this table.

Sr. No.CompanyPE Ratio
1.Tata Chemicals Limited24.16
2.Deepak Nitrite Limited28.88
3.Aarti Industries Limited19.18
4.Neogen Chemicals Limited79.79

Archean Chemical IPO Dates :

Archean Chemical IPO Date is 09 November 2022 and closes on 11 November 2022 . The allotment will be finalized on 16 November 2022 and the IPO may list on 21 November 2022.

Open Date :09 November 2022
Close Date :11 November 2022
Allotment Date :16 November 2022
Refund Date :17 November 2022
Share Credit Date :18 November 2022
Listing Date :21 November 2022

Archean Chemical IPO Form :

There are two ways to apply in Archean Chemical IPO. You can apply for Archean Chemical IPO through ASBA available in your bank account. You have to go to your online bank login and select Archean Chemical IPO in the Invest section and apply through your bank account. Another option is you can apply for Archean Chemical IPO through IPO form download through NSE and BSE. See the Archean Chemical IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.

Archean Chemical Company Financial Report (millions) :

YearRevenueExpensePAT
2022₹11,428.27₹8,918.32₹1885.83
2021₹7,547.90₹6,643.25₹666.06
2020₹6,170.13₹6,337.03₹362.19
Groww referal

Company Promoters :

■ Ranjit Pendurthi

Quick Link :

■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor

Archean Chemical IPO Lead Managers :

■ IIFL Securities Limited
■ ICICI Securities Limited
■ JM Financial Limited

Archean Chemical IPO Registrar :

Link Intime India Private Limited
C 101, 247 Park
L.B.S Marg Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.linkintime.co.in

Note: Check Archean Chemical IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here

Company Address :

Archean Chemical Industries Limited
No. 2, North Crescent Road
T Nagar Chennai 600 017
Tamil Nadu, India
Tel.: +91 44 6109 9999
Email: [email protected]
Website: https://www.archeanchemicals.com/

Archean Chemical IPO FAQs :

What is Archean Chemical IPO?
Archean Chemical IPO is Mainboard IPO. They are going to raise ₹1462.31 Crores via IPO. The issue is priced at ₹386-₹407 per equity share. The IPO is to be listed on NSE, BSE.

When Archean Chemical IPO will open?
The IPO is to open on 09 Nov – 11 Nov for QIB, NII & RII.

What is Archean Chemical IPO Size?
Archean Chemical IPO size is ₹1462.31 Crores.

What is the Fresh issue size of Archean Chemical IPO?
The Fresh issue size of Archean Chemical IPO ₹805.00 Cr.

What is the Offer For Sale size of Archean Chemical IPO?
The Offer For Sale size of Archean Chemical IPO ₹657.31 Cr.

What is Archean Chemical IPO Price Band?
Archean Chemical IPO Price Band is ₹386-₹407 Per share.

What is Archean Chemical IPO Minimum and Maximum Lot Size?
The minimum 36 Shares with ₹14,652 amount while the maximum 468 shares with ₹190,476.

What is Archean Chemical IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.

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 NSE, BSE.

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 Subscription: Click Here

Archean Chemical IPO Allotment: Click Here

Archean Chemical IPO Listing: Click Here

Archean Chemical IPO Web Story: Click Here

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

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

Archean Chemical IPO, Dates, Review, Price, Form, & Allotment Details 2022

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