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Anupam Rasayan IPO is all set to hit the dalal street on 12 March 2021. the company aims for an issue size of ₹760.00 Crore through this IPO.

Also read: IPO List 2021: a complete list of IPOs in 2021

Anupam Rasayan India Limited IPO

Incorporated in 1984, Anupam Rasayan is one of the leading companies engaged in the cotton synthesis and manufacturing of specialty chemicals in India. The business has 2 verticals; 1. Life Science related specialty chemicals that are used in agrochemicals, personal care, and pharmaceutical sector and 2. other specialty chemicals i.e. pigment & dyes, polymer additives, etc.

The company has a strong long-term relationship with many multinational companies like Syngenta Asia Pacific Pte Ltd, Sumitomo Chemical Company Ltd, and UPL Limited to expand geographical reach across countries like United States, Europe, Japan, and India. It has 6 manufacturing facilities out of which 4 are situated at Sachin and 2 are located at Jhagadia with an aggregated installed capacity of 23,438 MT.

Objective of the Issue

To make prepayment/repayment of the company’s indebtedness including accrued interest.
To meet general corporate purposes.

Competitive Strengths

Diversified customer base across geographies and industries.
Strategically located manufacturing facilities.
In-house R&D team to foster product innovation.
Consistent financial performance track record.
Diversified and customized product portfolio.

Basic details about the company

Full name	Anupam Rasayan India Limited
Sector	Chemicals
Industry	Chemicals
Company Website	www.anupamrasayan.com

Dates to remember

IPO Open	12 March 2021
IPO Close	16 March 2021
Basis of Allotment	19 March 2021
Refunds date	22 March 2021
Credit to Demat Account	23 March 2021
Listing Date	24 March 2021

IPO details

Issue type	Book Built Issue
IPO issue size	₹760 Crores
Face value	10 per equity share
Price band	₹553 to ₹555 per equity share
Retail portion	35%
Lot size	27 Shares
Minimum application	1 Lot-27 Share
Maximum application	13 Lot-351 share
Minimum application amount	₹14,985
maximum application amount	₹194,805
Listing Exchange	BSE & NSE

Financial summary

	FY2018	FY2019	FY2020	9M FY2021
Revenue	349.2	521.0	539.4	563.2
Expenses	299.4	455.2	468.0	496.4
Net income	40.1	49.3	51.2	47.1
Net margin (%)	11.5	9.5	9.5	8.4

Valuation of Anupam Rasayan (as of FY2020)

Earnings Per Share (EPS)	₹6.94
Price/Earnings (PE ratio)	To be updated
Return on Net Worth (RONW)	9.62%
Net Asset Value (NAV)	₹76 per share

Company Promoters

Mr. Anand S Desai
Dr. Kiran C Patel
Ms. Mona A Desai
Kiran Pallavi Investments LLC
Rehash Industrial and Resins Chemicals Private Limited

Anupam Rasayan IPO Lead Managers

Axis Capital Limited
Ambit Private Limited
IIFL Securities Limited
JM Financial Limited

Anupam Rasayan IPO Registrar

KFin Technologies Private Limited
Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Anupam Rasayan Contact Details

Anupam Rasayan India Limited
8110, GIDC Industrial Estate,
Sachin, Surat 394 230, Gujarat
Phone: +91 261 239 8991
Email: investors@anupamrasayan.com
Website: www.anupamrasayan.com

Anupam Rasayan IPO Allotment Status

Anupam Rasayan IPO allotment status will be available on KFin Technologies’ KPrism mobile app. Once available on its websites, click on any of these links to get allotment status

Allotment Status Link #1
Link #2
Allotment Status Link #3

Final thoughts

Anupam Rasayan IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make a wise decision.

Happy Investing