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.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.
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.
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.
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.
Archean Chemical Industries IPO is expected to be listed on 21st November 2022.
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.
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.
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.
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.
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.
Archean Chemical Industries IPO was subscribed 32.23 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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
Merchant Banker(s) of Archean Chemical Industries IPO: ICICI Securities Limited , Iifl Securities Limited , Jm Financial Limited
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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