Chemplast Sanmar IPO

Chemplast Sanmar IPO Details

Spread the love

Chemplast Sanmar IPO will open for subscription from 10 August 2021. the company aims for an issue size of ₹3,850 crores through this IPO.

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

Chemplast Sanmar Limited

Incorporated in 1985, Chemplast Sanmar Ltd is a leading specialty chemical manufacturer in India. The company is engaged in the manufacturing of specialty paste PVC resin, starting materials, and intermediates for agro-chemical, pharmaceuticals, agro-chemical, and fine chemical sectors. It also produces other types of chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas, and Industrial Salt. It has four manufacturing facilities, among which, 3 are situated at Mettur, Berigai, and Cuddalore in Tamil Nadu, and one is located in Puducherry at Karaikal.

Objects of the Issue

  • Early redemption of NCDs issued by the company in full.
  • Meet general corporate purposes.

Competitive strengths

  • The largest manufacturer of specialty paste PVC resins in India in terms of installed production capacity.
  • 3rd largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in South India.
  • A part of the SHL Chemicals Group, one of the most prominent corporate groups in South India.
  • A vertically integrated business model with a focus on quality manufacturing.
  • Highly experienced managerial team.

Basic details about the company

Full nameChemplast Sanmar Limited 

Dates to remember

IPO Open10 August 2021
IPO Close12 August 2021
Basis of Allotment18 August 2021
Refunds date20 August 2021
Credit to Demat Account23 August 2021
 Listing Date24 August 2021

IPO details

Issue typeBook Building
IPO issue size₹3,850.00 Cr
Fresh Issue₹1,300.00 Cr
Offer for sale₹2,550.00 Cr
Face value₹5 per equity share
Price band₹530 to ₹541 per equity share
Retail Allocation10%
Lot size27 Shares
Minimum application1Lot-27 Shares
Maximum application13 Lots-351 Shares
Minimum application amount₹14,607
Maximum application amount₹189,891
Listing ExchangeBSE & NSE

Company Financials

ParticularsFor the year/period ended (₹ in million)
Total Assets44,860.9341,075.4038,015.63
Total Revenue38,151.0812,655.1012,667.74
Profit After Tax4,102.44461.251184.64

Valuation of Chemplast Sanmar (as of FY2020)

Earnings Per Share (EPS)₹30.60
Price/Earnings (PE ratio)17.32 – 17.68
Return on Net Worth (RONW)NA
Net Asset Value (NAV)139.15  per share

Company Promoters

  • Sanmar Holdings Limited

Chemplast Sanmar IPO Lead Manager(s)

  • Ambit Private Limited
  • Axis Capital Limited
  • BOB Capital Markets Limited
  • Credit Suisse Securities (India) Private Limited
  • HDFC Bank Limited
  • ICICI Securities Limited
  • IIFL Holdings Limited
  • IndusInd Bank Limited
  • Yes Securities (India) Limited

Chemplast Sanmar IPO Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000

Company Contact Information

Chemplast Sanmar Limited
9, Cathedral Road, Chennai, 600086
Phone: + (91) 44 28128500

Chemplast Sanmar IPO Allotment Status

Chemplast Sanmar IPO allotment will be available on KFin Technologies’ website.

Click on this link to get allotment status. 

Final thoughts

Chemplast Sanmar 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

Spread the love

Leave a Comment

Your email address will not be published. Required fields are marked *