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.
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.
- 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|
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|
|Issue type||Book Built Issue|
|IPO issue size||₹760 Crores|
|Face value||10 per equity share|
|Price band||₹553 to ₹555 per equity share|
|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|
|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|
- 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,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Anupam Rasayan Contact Details
Anupam Rasayan India Limited
8110, GIDC Industrial Estate,
Sachin, Surat 394 230, Gujarat
Phone: +91 261 239 8991
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
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.