IPO

Chemplast Sanmar IPO

Mainboard

Chemicals

Listed On: Aug 24, 2021 at ₹ ₹550 (NSE)

₹ 14607 /27 Shares

Check Allotment

Price Summary

Last Closing

516.00 (-4.62%)

52 Week High

633.90

52 Week Low

402.80

Last Update

20-Sep-2024 3:30 PM

IPO Details

10 Aug, 2021

Open Date

12 Aug, 2021

Close Date

18 Aug, 2021

Allotment Date

24 Aug, 2021

Listing Date

Issue Price

₹530-541 per equity share

Face Value

₹5 Per Equity Share 

Listing at Group

BSE, NSE

Registrar

KFintech Private Limited

List Price

₹550 (NSE)

Listing Date

2021-08-24

Market Lot

27 Shares (₹14,607/-)

Lead Manager

Ambit Private Limited, Axis Capital Limited, BOB Capital Markets Limited, Credit Suisse Securities (India) Private Limited, HDFC Bank Limited, ICICI Securities Limited, IIFL Holdings Limited, IndusInd Bank Limited, Yes Securities (India) Limited

Issue Size

Total Equity Shares 71,164,510 aggregating up to ₹3850/- Cr
# Fresh Issue: 24,029,574 Equity Shares aggregating up to ₹1300/- Cr
# Offer for Sale: 47,134,935 Equity Shares aggregating up to ₹2550/- Cr

Retail Portion

10%

Subscription

2.21 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIBNIIRetailTotal
Shares Offered / Reserved213,49,354106,74,67671,16,450391,40,480
Day 1 - 10-08-21 05:00 PM0.00 x0.030.84 x0.17 x
Day 2 - 11-08-21 05:00 PM0.02 x0.051.28 x0.25 x
Day 3 - 12-08-21 05:00 PM2.75 x1.052.34 x2.21 x
Total No. of Applications: 512078 (Approx)
Retail Subscription on the basis of Applications: 1.94 times

Valuations

Earnings Per Share (EPS)

₹24.54/-

P/E Ratio

22.04

RoNW

N/A%

Net Asset Value (NAV) - As on 31.03.21

₹(139.15)

Company Financials All values are in ₹ Cr.

31-Mar-2131-Mar-2031-Mar-19
Assets4,486.094,107.543,801.56
Revenue3,815.101,265.511,266.77
Profit After Tax410.2446.12118.46

About The Company

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.

Read More

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Chemplast Sanmar LimitedN/AN/A5.45%3,815.10
PI Industries Limited8.5262.6813.59%3,415.40
SRF Limited7.1448.5720.66%7,258.46
Finolex Industries0.733.1023.69%3,015.89
Navin Fluorine International Limited11.5863.8818.13%1,094.88

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 54.99%


Company Promoter(s)

  1. Sanmar Holdings Limited

IPO - Issue Objectives

  1. Early redemption of NCDs issued by the company in full.
  2. Meet general corporate purposes.

IPO - Anchor Investors

Chemplast Sanmar mobilises Rs 1,732.5 crore from anchor investors ahead of IPO

Marquee investors which participated in the anchor book were Abu Dhabi Investment Authority, Amundi Funds, Government Pension Fund Global, Best Investment, Corporation, Jupiter India Fund, Neptune Investment, Volrado Venture, Kuber India Fund, CLSA, Public Sector Pension Investment Board, Segantii India Mauritius, Copthall Mauritius, Moon Capital, Goldman Sachs, Tara Emerging Asia, Nomura, and Societe Generale.

Domestic investors including SBI Mutual Fund, Axis Mutual Fund, Mirae Asset, ICICI Prudential, HDFC Life Insurance, HDFC Trustee, Nippon Life, Franklin India, Aditya Birla Sun Life, Sundaram Mutual Fund, IDFC, JM Financial, IIFL Special Opportunities Fund, and Edelweiss also invested in the company.

IPO - FAQs

Ans. Chemplast Sanmar IPO is a Mainboard IPO. The issue is priced at ₹530-541 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.

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

Ans. The size of Chemplast Sanmar IPO is Total Equity Shares 71,164,510 aggregating up to ₹3850/- Cr # Fresh Issue: 24,029,574 Equity Shares aggregating up to ₹1300/- Cr # Offer for Sale: 47,134,935 Equity Shares aggregating up to ₹2550/- Cr.

Ans. The IPO price band is set between ₹530-541 per equity share.

Ans. To apply for Chemplast Sanmar IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Chemplast Sanmar IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Chemplast Sanmar IPO is Aug 18, 2021.

Ans. The Chemplast Sanmar IPO will be listed on Aug 24, 2021.

Ans. Follow the steps to check the allotment status for Chemplast Sanmar IPO here.