74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Archean Chemical Industries IPO (Archean Chemical Industries Limited IPO) Detail

Archean Chemical Industries IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1462.31 Cr. The company is based in Chennai and caters to Chemical - Speciality sector. ICICI Securities , Iifl Securities , Jm Financial are the merchant bankers of Archean Chemical Industries IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th February 2022.

Archean Chemical Industries IPO open date is 9th November 2022 and close date is 11th November 2022. IPO Allotment Date is 16th November 2022 and Listing date is 21st November 2022.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 1462.31 Cr. Avg IPO Size (Sector Based) : ₹ 564.45 cr.
  • Sector: Chemical - Speciality IPO so far: 16
  • Merchant Banker: ICICI Securities IPO by BRLM so far: 164
  • City: Chennai IPO so far: 37
  • Revenue (annualised): ₹ 1635.28 cr.
            PAT: (annualised): ₹ 337.64 cr. Read Financial Information >>
  • PE Ratio: 16.78x Average Sector PE Ratio: 35.66x

Archean Chemical Industries IPO Date

Date of DRHP:
18th February 2022
IPO Open Date:
9th November 2022
IPO Close Date:
11th November 2022
IPO Allotment Date:
16th November 2022
Initiation of Refund:
17th November 2022
IPO Listing Date:
21st November 2022

Archean Chemical IPO Info, Size, Subscription

Archean Chemical Industries IPO size is ₹ 1462.31 Cr. with IPO price of ₹ 407.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 1462.31 Cr.

Issue Price:
₹ 407.00

Market Capitalisation :
₹ 5665.56 Cr.

PE multiple :
16.78

Subscription :
32.23 times

Pre Issue Promoter Holding :
65.58 %

Post Issue Promoter Holding :
53.41 %

Archean Chemical Industries IPO Information

Sub Sector : specialty marine chemical manufacturer
Archean Chemical Industries Limited is a leading specialty marine chemical manufacturer in India, specializing in the production and export of bromine, industrial salt, and sulphate of potash to global customers. As of Fiscal 2021, it is the largest exporter of bromine and industrial salt in India and maintains one of the lowest production costs globally for both products. Manufacturing takes place at a facility near Hajipir in Gujarat, sourcing raw materials from brine reserves in the Rann of Kutch. The company's bromine is used in various industries, including pharmaceuticals, agrochemicals, water treatment, and energy storage batteries. Industrial salt plays a key role in the chemical industry, while sulphate of potash is primarily used in fertilizers and has medical applications. As of September 30, 2021, the
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Object of Issue (Archean Chemical IPO Objectives)

  • Redemption or earlier redemption, in part or full, of NCDs issued by the Company
  • General Corporate Purposes

ICICI Securities Limited is the book-running lead manager of the Archean Chemical Industries IPO. Link Intime India Private Limited is the Registrar for Archean Chemical Industries IPO.

Archean Chemical Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Archean Chemical Industries IPO?

Archean Chemical Industries IPO, based in Chennai, operates in the   Chemical - Speciality sector with a focus on specialty marine chemical manufacturer. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Archean Chemical Industries IPO size is ₹ 1462.31 Cr. with fresh issue size of ₹ 805.00 Cr. and Offer for sale being ₹ 657.31Cr.

When is Archean Chemical IPO allotment?

The IPO allotment date for Archean Chemical Industries IPO is expected to be 16th November 2022, after the finalization of basis of allotment. Investors can check Archean Chemical Industries IPO allotment status on the registrars website, Link Intime India Private Limited . Archean Chemical Industries IPO refund dates are 17th November 2022.

When is Archean Chemical Industries IPO listing date?

Archean Chemical Industries IPO is expected to be listed on 21st November 2022.

What is the price band for Archean Chemical IPO?

The upper price band for the Archean Chemical Industries IPO is set at ₹ 407.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Archean Chemical Industries IPO Review?

For IPO analysis on Archean Chemical Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Archean Chemical Industries IPO?

To apply for the Archean Chemical Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th November 2022. After submission, funds are blocked until the basis of allotment of Archean Chemical Industries IPO is finalised.

Who is the merchant banker of Archean Chemical IPO?

The merchant banker for Archean Chemical Industries IPO is ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited . ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Archean Chemical Industries IPO RHP for further details.

Who is the Registrar of Archean Chemical Industries IPO?

The registrar for Archean Chemical Industries IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Archean Chemical Industries IPO through their official website or helpline.

What is the Archean Chemical Industries IPO subscription?

Archean Chemical Industries IPO was subscribed 32.23 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Archean Chemical Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Archean Chemical Industries Financial Review Page

Archean Chemical Industries IPO subscription was 32.23 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Archean Chemical Industries IPO listed at a listing price of 457.95 against the offer price of 407.00.

The current market price of Archean Chemical Industries is 631.60.

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