Chemplast Sanmar Ltd. IPO

Chemplast Sanmar Ltd.

IPO Listing Details

Listed On

BSE & NSE

Listed On

Issue Price

₹541

Issue Price

Listing Price

₹525

Listing Price

Listing Gains

-₹16.00 (-2.96%)

Listing Gains

IPO Details

Bidding Dates

10 Aug - 12 Aug '21

Bidding Dates

Min. Investment

₹14,310

Min. Investment

Lot Size

27.00

Lot Size

Price Range

₹530 - ₹541

Price Range

Issue Size

3,772 Cr

Issue Size

IPO Doc

(D)RHP PDF  

(D)RHP PDF

Subscription Rate - Chemplast Sanmar Ltd. IPO

  • Retail Individual Investor
    2.29x
  • Non-Institutional Investor
    1.03x
  • Qualified Institutional Buyers
    2.70x
  • Employees
    0.00x


About Chemplast Sanmar Ltd. IPO

Chemplast Sanmar Ltd is responsible for manufacturing a number of specialty chemicals in the country today. Its offerings include PVC resin, intermediary chemicals used under agro-chemicals, pharmaceuticals, agro-chemicals and fine chemicals. Additionally, popular chemicals such as refrigerant gas, caustic soda and industrial salt are each produced by the company. With four manufacturing facilities under its belt, Chemplast Sanmar has a presence in Tamil Nadu and Puducherry. Chemplast Sanmar falls under SHL Chemicals Group, which has a key position in Southern India.

Chemplast Sanmar Ltd. IPO Latest News and Subscription Status Today (Live)

Chemplast Sanmar IPO details are as follows.

The Chemplast Sanmar IPO dates fell between August 10, 2021 and August 12, 2021.

The IPO price for each individual share fell in the range of INR 530 to INR 541.

The market lot size of this IPO amounted to 27 shares. Retail individual investors were entitled to apply for up to 13 lots. This meant that a retail individual investor could hold at most 351 shares amounting to INR 189,891.

The allotment date of the IPO shares was August 18, 2021, while the initiation of refunds was slated for August 20, 2021.


Why should you invest in Chemplast Sanmar Ltd. IPO?

Chemplast Sanmar makes for a viable investment as its products, including PVC resins, caustic soda, and hydrogen peroxide have been well received thus far. It also has employed an experienced management team and a strong set of promoters. It also achieves efficiency in its operations by utilising the various otherbusinesss of the Sanmar group such as finance, legal etc.


SWOT Analysis - Chemplast Sanmar Ltd. IPO

Strengths:

Chemplast Sanmar is recognized as the country’s largest manufacturer of speciality paste PVC resins. , It employs a vertically integrated business model that favors quality manufacturing.

Its management team has a lot of experience and values sustainability.

A defining feature of the company is its operational efficiency. This is evident in the fact that it shares certain functions (finance, legal, HR, strategy and so on) with its businesses and other companies operating under the Sanmar Group.

Weaknesses:

The company has amassed a significant amount of indebtedness. Lenders have consequently imposed a number of restrictive conditions regarding their financing arrangements.

Its lack of credit ratings or rather poor ratings may adversely impact its ability to access capital.

Chemplast Sanmar’s operations are geographically confined to Tamil Nadu and Puducherry alone.

Opportunities:

Chemplast Sanmar occupies a leadership position within an industry with a number of barriers that prevent multiple players from entering it. This position can be leveraged to the company’s advantage.

Threats:

Chemplast Sanmar may not have sufficiently protected its intellectual property rights against 3rd party infringement.

Its dependency on the availability of cost-friendly and timely transportation along with other logistics can be a threat to the company.



How to apply for Chemplast Sanmar Ltd. IPO?

You can apply for the Chemplast Sanmar Ltd. IPO in these ways:

UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

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Frequently Asked Questions (FAQs) - Chemplast Sanmar Ltd. IPO

What was the share price of the Chemplast Sanmar IPO?

The Chemplast Sanmar IPO price fell in the range of INR 530 to INR 541 per equity share.

What are Chemplast Sanmar IPO details pertaining to the dates of said IPO?

The Chemplast Sanmar IPO dates fell between August 10 and August 12, 2021.

What was the issue size of the Chemplast Sanmar IPO?

The issue size of the Chemplast Sanmar IPO was INR 3,850 Crores.

What was the subscription rate of the Chemplast Sanmar Ltd. IPO?

The subscription rate for the Chemplast Sanmar IPO was as follows.

The retail individual investor category subscribed 2.29 times.

The non-institutional investor category subscribed 1.03 times.

The qualified institutional buyer category subscribed 2.70 times.

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