Tuesday, August 03, 2021

Chemplast Sanmar IPO Date, Review, Price, Form & Market Lot Details

Chemplast Sanmar IPO to hit the market on 10 August 2021 and closes on 12 August 2021. The company to raise around ₹3850 crores via initial public offer that comprises ₹1300 crores fresh issue and offer for sale up to ₹2550 crores, face value of ₹5 each.
 
Chemplast Sanmar IPO date is finalized, the IPO to hit the market on 10 August 2021. The company to raise ₹3850 crores via IPO that comprises ₹1300 crores fresh issue and offer for sale up to ₹2550 crores of existing share holders. The August is the IPO month there are 4 IPOs that are hitting the market on 4th August while 2 on 9th August. The Chemplast to join the Aptus Value Housing on the same date. The company is 50 years old and a part of HL Chemicals Group. They are one of the oldest group in South India. They are major manufacturer of Speciality Chemicals that includes Specialty Paste PVC resin and Custom Manufactured Chemicals for agro-chemical, pharmaceutical and fine chemicals sector. They are also manufacturer of Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas and Industrial Salt. They have their manufacturing facilities in Tamil Nadu and Puducherry. Check out Chemplast Sanmar IPO details.
 
Important Details:
  • Largest manufacturer of specialty paste PVC resins in India.
  • Industry Experience of the management team.
  • Part of a well-known corporate group SHL Chemicals Group.
  • PAT is a worry as it went down drastically from 248 crores in 2018 to 46 crores in 2020. (Business might be affected with Covid).
  • Sanmar Holdings and Sanmar Engineering Services are the promoters of the company who held 100% shareholding in the company.
Chemplast Sanmar


    Chemplast Sanmar IPO Review

    • Apply with Risk

    Brokerage Firm IPO Reviews

    • Axis Bank: Neutral
    • Capital Market: Avoid
    • Edelweiss Broking: Neutral
    • Marwadi Financial Services: Subscribe for Long Term
    • Angel Broking: Neutral
    • Choice Broking: May Apply (Subscribe for Long Term)

    Chemplast Sanmar IPO Date & Price Band

     IPO Open:  10 August 2021
     IPO Close:  12 August 2021
     IPO Size:  Approx ₹3850 Crores
     Fresh Issue:  Approx ₹1300 Crores
     Offer for Sale:  Approx ₹2550 Crores
     Face Value:  ₹5 Per Equity Share
     Price Band:  ₹530 to ₹541 Per Share
     Listing on:  BSE & NSE
     Retail Portion:  35%
     Discount:  N/A

    Chemplast Sanmar IPO Market Lot

    The Chemplast Sanmar IPO minimum market lot is 27 shares with 14,607 application amount. The retail investors can apply up-to 13 lots,  351 shares with ₹189,891 application amount.
     Minimum Lot Size:  Minimum 27 Shares
     Minimum Amount:  ₹14,607
     Maximum Lot Size:  Maximum 351 Shares
     Maximum Amount:  ₹189,891

    Chemplast Sanmar IPO Date, Time Table, Allotment & Listing

    The Chemplast Sanmar IPO date is 10 August 2021 and the IPO close date is 12 August 2021. The allotment date is 18 August 2021 and the IPO may list on 24 August 2021.
     Price Band Announcement:  04 August 2021
     Anchor Investors Allotment:  09 August 2021
     IPO Open Date:  10 August 2021
     IPO Close Date:  12 August 2021
     Basis of Allotment:  18 August 2021
     Refunds:  20 August 2021
     Credit to Demat Account:  23 August 2021
     IPO Listing Date:  24 August 2021

    Chemplast Sanmar IPO Form

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


    Chemplast Sanmar Company Financial Report

      ₹ in Crores

    Income Expense PAT
    2018 ₹3153 ₹2755 ₹248.54
    2019 ₹1267 ₹1038 ₹118.46
    2020 ₹1266 ₹1128 ₹46.13
    2021
    ₹3815 ₹3402 ₹410.20

    Company Promoters

    • Sanmar Holdings Limited
     

    About Chemplast Sanmar

    Chemplast Sanmar is over fifty years old and is a part of the SHL Chemicals Group, which in turn is a constituent of the Sanmar Group, one among the oldest and most prominent corporate groups in South India.Fairfax India Holdings Corporation (Fairfax) a well-known international investor led by Mr Prem Watsa, based in Canada, has invested, through FIH Mauritius Investments Limited, in the SHL Chemicals Group since 2016. It is a major manufacturer of Speciality Chemicals such as Specialty Paste PVC resin and Custom Manufactured Chemicals for agro-chemical, pharmaceutical and fine chemicals sector. The company also produces other chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas and Industrial Salt. The manufacturing facilities are located at Mettur, Berigai and Vedaranyam in Tamil Nadu and Karaikal in the Union Territory of Puducherry.

    The Chlorochemicals division of Chemplast, a result of backward integration by the Group, manufactures a wide range of products using a highly integrated manufacturing process.

    The salt needed for chlorine manufacture is supplied by Chemplast’s Salt Pans at Vedaranyam. The power-intensive electrolysis process of manufacturing chlorine is significantly served by Chemplast’s own power plant.

    All this makes Chemplast one of the most integrated chemical plants in the country with a closed manufacturing loop.

    Custom Manufactured Chemicals – Chemplast Sanmar, is a leading supplier of intermediates for global Agrochemical, Pharmaceutical and Fine Chemical innovators. These intermediates involve complex multi step synthesis using unique chemistries. The manufacturing facility is located at Berigai, Tamil Nadu.

    Chemplast has played a pioneering role in the field through its ingenious choice of feedstock and manufacturing processes, and efficient, eco-friendly practices. Its constant development of environment-friendly production processes has reduced the consumption of valuable natural resources.

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus
    Chemplast IPO Allotment Status

    Chemplast Sanmar IPO Registrar

    KFin Technologies Private Limited
    Selenium Tower-B, Plot 31 & 32, Gachibowli
    Financial District, Nanakramguda, Serilingampally
    Hyderabad 500 032
    Telangana, India
    Tel: +91 40 6716 2222
    E-mail: chemplast.ipo@kfintech.com
    Website: www.kfintech.com
    Note: Check Chemplast Sanmar IPO allotment status on KFintech website allotment URL. Click Here

    Chemplast Sanmar IPO Lead Managers

    • ICICI Securities Limited
    • Axis Capital Limited
    • Credit Suisse Securities (India) Private Limited
    • IIFL Securities Limited
    • Ambit Private Limited
    • BOB Capital Markets Limited
    • HDFC Bank Limited
    • IndusInd Bank Limited
    • YES Securities (India) Limited

    Company Address

    Chemplast Sanmar Limited
    9, Cathedral Road,
    Chennai – 600 086, Tamil Nadu, India.
    Tel.: + 91 44 2812 8500
    Fax.: + 91 44 2811 1902
    E-mail: grd@sanmargroup.com
    Website: http://www.chemplastsanmar.com/

    Chemplast Sanmar IPO FAQs


    What is Chemplast Sanmar IPO?

    Chemplast Sanmar IPO is a main-board IPO. They are going to raise ₹3850 Crores via IPO. The issue is priced at ₹530 to ₹541 per equity share. The IPO to be listed on BSE & NSE.

    When Chemplast Sanmar IPO will open?

    The IPO is to open on 10 August 2021 for QIB, NII, and Retail Investors.

    What is Chemplast Sanmar IPO Investors Portion?

    The investors' portion for QIB 50%, NII 15%, and Retail 35%.

    How to Apply the Chemplast Sanmar IPO?

    You can apply Chemplast Sanmar IPO via ASBA online via your bank account. You can also apply 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 Chemplast Sanmar 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 "Chemplast Sanmar Finance". 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 Chemplast Sanmar IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Chemplast Sanmar Finance". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

    What is Chemplast Sanmar IPO Size?

    Chemplast Sanmar IPO size is ₹3850 crores. The IPO comprises ₹1300 crores fresh issue and offer for sale of ₹2550 crores .

    What is Chemplast Sanmar IPO Price Band?

    Chemplast Sanmar IPO Price Band is ₹530 to ₹541 per equity share.

    What is Chemplast Sanmar IPO Minimum and Maximum Lot Size?

    The minimum bid is 27 Shares with ₹14,607 amount while maximum bid is 351 shares with ₹189,891.

    What is Chemplast Sanmar IPO Allotment Date?

    Chemplast Sanmar IPO allotment date is 18 August 2021.

    What is Chemplast Sanmar IPO Listing Date?

    Chemplast Sanmar IPO listing date is 24 August 2021. The IPO to list on BSE and NSE.

    Note: The Chemplast Sanmar IPO final details is announced and updated as it is officially announced. The IPO grey market premium (Chemplast Sanmar IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

    Open Demat Account