Archean Chemical IPO Date, Review, Price, Allotment, Analysis – IPO Watch


Archean Chemical IPO Details: Archean Chemical IPO date is fixed, the IPO is to hit the market on November 9 and will close on November 11, 2022. Archean Chemical IPO to raise around ₹1,492 crores via IPO that comprises fresh issue of ₹805 crores and offer for sale up to 16,150,000 equity shares of ₹2 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.

Archean Chemical Industries is a leading specialty chemicals manufacturing company based in India. They have a wide presence in the global markets. They are the first of-its-kind integrated plant in India to produce Industrial Salt, Bromine, and Sulfate of Potash.

They are one of the largest exporters of bromine and industrial salt in Fiscal 2021. The product and export of bromine, industrial salt, and sulphate of potash to customers around the world. The production capacity of the company is 28500 Metric Tons of Liquid Bromine per annum, 3000000 Metric Tons of Industrial Salt per annum, and 130000 Metric Tons of Sulfate of Potash per annum. They are the only manufacturer of sulphate potash in India. Their facility for the bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat, located on the northern edge of the Rann of Kutch brine fields.

Important Details

  • One of the leading specialty chemicals manufacturing company based in India.
  • Largest exporters of bromine and industrial salt in Fiscal 2021.
  • Only manufacturer of sulphate potash in India.

Archean Chemical IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be updated soon
  • Religare Broking: To be updated soon
  • Hem Securities: To be updated soon
  • Arihant Capital: To be updated soon

Archean Chemical IPO Date & Price Band Details

IPO Open: November 9, 2022
IPO Close: November 11, 2022
IPO Size: Approx ₹1,462 Crores
Fresh Issue: Approx ₹805 Crores
Offer for Sale: Approx 16,150,000 Equity Shares
Face Value: ₹2 Per Equity Share
IPO Price Band: ₹386 to ₹407 Per Share
IPO Listing on: BSE & NSE
Retail Quota: 10%
QIB Quota: 75%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Archean Chemical IPO Market Lot

The Archean Chemical IPO minimum market lot is 36 shares with ₹14,652 application amount. The retail investors can apply up-to 13 lots with 468 shares or ₹190,476 amount.

Application Lot Size Shares Amount
Retail Minimum 1 36 ₹14,652
Retail Maximum 13 468 ₹190,476
S-HNI Minimum 14 504 ₹205,128
B-HNI Minimum 68 2,484 ₹1,010,988

Archean Chemical IPO Allotment & Listing Dates

The Archean Chemical IPO date is November 9 and the close date is November 11. The Archean Chemical IPO allotment will be finalized on November 16 and the IPO listing on November 21.

Price Band Announcement: November 3, 2022
Anchor Investors Allotment: November 8, 2022
IPO Open Date: November 9, 2022
IPO Close Date: November 11, 2022
Basis of Allotment: November 16, 2022
Refunds: November 17, 2022
Credit to Demat Account: November 18, 2022
Archean Chemical IPO Listing Date: November 21, 2022

You can check IPO subscription status and IPO allotment status on their respective pages.

Archean Chemical IPO Form

How to apply for the Archean Chemical IPO? You can apply for Archean Chemical IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Archean Chemical IPO in the Invest section. The other option is you can apply for Archean Chemical IPO via IPO forms downloaded via NSE and BSE. Check out the Archean Chemical forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Archean Chemical Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2020 ₹617 ₹634 ₹36.22
2021 ₹755 ₹664 ₹66.07
2022 ₹1143 ₹892 ₹188.58

Archean Chemical IPO Valuation – FY2022

Check Archean Chemical IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS): ₹18.26 per Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 72.24%
Net Asset Value (NAV): ₹25.28 per Equity Share

Peer Group

  • Tata Chemicals Limited
  • Aarti Industries Limited
  • Deepak Nitrite Limited
  • Neogen Chemicals Limited
  • Chemikas Speciality LLP
  • Ravi Pendurthi
  • Ranjit Pendurthi

Archean Chemical IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Archean Chemical IPO Allotment Status Check

Check Archean Chemical IPO allotment status on Linkintime website allotment URL. Click Here

Archean Chemical IPO Lead Managers

  • IIFL Securities Ltd
  • ICICI Securities Limited
  • JM Financial Limited

Company Address

Archean Chemical Industries Limited
No. 2, North Crescent Road,
T Nagar, Chennai 600 017
Tamil Nadu, India
Phone: +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 a main-board IPO. They are going to raise ₹1462 Crores via IPO. The issue is priced at ₹386 to ₹407 pr equity share. The IPO is to be listed on BSE & NSE.

When Archean Chemical IPO will open?

The IPO is to open on November 9, 2022 for QIB, NII, and Retail Investors.

What is Archean Chemical IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Archean Chemical IPO?

You can apply for Archean Chemical IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Archean Chemical IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Archean Chemical”. 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. Open Demat Account with Zerodha.

How to Apply the Archean Chemical IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Archean Chemical”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Archean Chemical IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Archean Chemical”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Archean Chemical IPO Size?

Archean Chemical IPO size is ₹1462 crores.

What is Archean Chemical IPO Price Band?

Archean Chemical IPO Price Band is ₹386 to ₹407.

What is Archean Chemical IPO Minimum and Maximum Lot Size?

The minimum bid is 36 Shares with ₹14,652 amount while the maximum bid is 468 shares with ₹190,476.

What is the Archean Chemical IPO Allotment Date?

Archean Chemical IPO allotment date is November 16, 2022.

What is the Archean Chemical IPO Listing Date?

Archean Chemical IPO listing date is November 21, 2022. The IPO is to list on BSE and NSE.

Note: The Archean Chemical IPO price band and date are officially announced. The IPO grey market premium (Archean Chemical IPO Premium) will be added to the IPO grey market page as it will start).

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