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
Subscription Rate
- Retail Individual Investor2.29x
- Non-Institutional Investor1.03x
- Qualified Institutional Buyers2.70x
- Employees0.00x
About Company
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.
Chemplast Sanmar Ltd. IPO - SWOT Analysis
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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