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Archean Chemical IPO Details 2022, Price, Lot

IPO Status: Closed [9th Nov 2022 to 11th Nov 2022]

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Archean Chemical IPO Detail

Archean Chemical Industries, comprising a fresh issue of Rs 805 Cr and an offer for sale of Rs 657.3 Crores opens for subscription from Nov 09 and closes on Nov 11, 2022 . The IPO price band is fixed at Rs 386-407. One can apply in IPO in the lot size of 36 shares and its multiples. Stay updated with us to know more about the Archean Chemical IPO Details 2022 including issue size, minimum order amount, business overview, company financials, live subscription, GMP, allotment status, and more.

Archean Chemical IPO Details

IPO Issue Opening Date: 9th Nov 2022
IPO Issue Closing Date: 11th Nov 2022
IPO Issue Price: ₹386-407 Per Share
DRHP: View DRHP
RHP: View RHP
IPO Listing At: BSE, NSE
Retail Quota: 10%
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹1462.31 Cr
Offer for Sale: 16,150,000 shares at ₹386-407
[Aggregating to ₹657.31Cr]
Fresh Issue: 19,778,870 shares at ₹386-407
[Aggregating to ₹805 Cr]
Face Value: ₹2 Per Equity Share
Promoter Holding Pre IPO: 65.58%
Promoter Holding Post IPO: 55.04%
Allotment Status: Allotment Status
BSE Code: 543657
NSE Code: ACI

IPO Live GMP IPO Live GMP

Archean Chemical IPO Important Dates

In this section we have covered all important dates related to Archean Chemical IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Archean Chemical IPO important dates
IPO Activity Date
Basis of Allotment Date* 16th Nov 2022
Refunds Initiation* 17th Nov 2022
Credit of Shares to Demat* 18th Nov 2022
IPO Listing Date* 21st Nov 2022

* - Tentative Dates

Archean Chemical IPO Lots

IPO Activity Date
Issue Price ₹386-407
Market Lot: 36 Shares
1 Lot Amount: ₹14652
Min Small HNI Lots(2-10 Lakh): 504 shares (14 lots)
Min Big HNI Lots(10+ Lakh): 2484 shares (69 lots)
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  • About Company - Archean Chemical

    Archean Chemical is a leading specialty marine chemical manufacturer in India that is engaged in producing and exporting of industrial salt, bromine, and potash sulphate to customers all over the country. The company produces products from brine reserves in Kutch and manufactures products near Hajipir in Gujarat. As of Sep 30, 2021, the company markets its products to 29 domestic customers and 13 global clients in 13 countries. Its products are being used in various industries including pharmaceuticals, flame retardants, oil & gas, agrochemicals, and energy.

    e pharmaceuticals, agrochemicals, water treatment, flame retardant, additives, oil & gas, and energy storage batteries. It is among one of the largest exporters of Bromine in terms of volume in the fiscal year 2021.

    The business has an integrated manufacturing facility in Hajipir, Gujarat with close proximity to Jakhau Jetty and Mundra Port.

    Archean Chemical IPO Strengths

    • Leading specialty marine chemical manufacturer in India.
    • Largest exporter of bromine and industrial salt with a global client base.
    • High entry barriers in the specialty marine chemical industry.
    • Well-established and integrated manufacturing facility.
    Incorporation Sector IPO Issue Size Website
    2003 Specialty chemical ₹1462.31 Cr www.archeanchemicals.com

    Archean Chemical IPO Objective

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

    Request call back from Zerodha

    Archean Chemical IPO Live Subscription (NSE + BSE)

    The table below is live update of IPO bidding details from NSE and BSE.

    • Qualified Institutional Buyers: 10,706,095 Shares
    • Non-Institutional Investors: 5,550,738 Shares
    • Retail Individual Investor: 3,700,492 Shares
    IPO Bidding Live Updates from BSE + NSE
    Day QIBNIIRIITotal
     # of Shares Offered10,706,095 (53.64%)5,550,738 (27.81%)3,700,492 (18.54%)19,957,325
    19th Nov 2022 17:020.04x0.36x0.95x0.30x
    210th Nov 2022 17:020.54x2.07x2.94x1.41x
    311th Nov 2022 19:0248.91x14.90x9.96x32.23x

    Archean Chemical Financials for past 3 Years

    Past performance and financial results of Archean Chemical.

    Archean Chemical financial
    Archean Chemical Financials (₹ in Crore) 31-Mar-2020 31-Mar-2019
    Total Assets ₹1428.6 ₹1260.51
    Total Income ₹617 ₹572.91
    Net Profit/Loss ₹-36.24 ₹39.97

    Company Address

    Archean Chemical Industries Limited
    No. 2, North Crescent Road, T Nagar,
    Chennai,Tamil Nadu-600017
    India
    Website: www.archeanchemicals.com
    Phone: +91 44 6109 9999
    Email: [email protected]

    Archean Chemical IPO Registrar

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Website: http://www.linkintime.co.in
    Phone: +91-22-4918 6270
    Email: [email protected]

    Archean Chemical IPO Lead Manager

    1. ICICI Securities Limited
    2. JM Financial Consultants Private Limited
    3. IIFL Securities
    Archean Chemical IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Archean Chemical? Should I apply in Archean Chemical IPO?

    Last Updated on 2022-11-24T11:08:44+00:00

    FAQs

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Archean Chemical IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Archean Chemical IPO with Zerodha.

    Alternate approch to apply in Archean Chemical IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Archean Chemical IPO Review and Important Updates

    Other relevant questions :

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    Apply in Archean Chemical IPO online

    To subscribe or apply in Archean Chemical IPO, you can use the following methods:

    Archean Chemical IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Archean Chemical IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Archean Chemical IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Archean Chemical IPO. Most of the Syndicate Banks provide access to apply in Archean Chemical IPO via ASBA process. You must have your net banking access, DP ID information to apply in Archean Chemical IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Archean Chemical IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Archean Chemical IPO Review and Important Updates

    Other relevant question on same topics are:

    Where to subscribe Archean Chemical IPO? Where to apply for Archean Chemical IPO? How to subscribe Archean Chemical IPO online? Archean Chemical IPO where to apply? Where to buy Archean Chemical IPO online? How to buy Archean Chemical IPO online? How to purchase Archean Chemical IPO? How to get Archean Chemical IPO? How to book Archean Chemical IPO? How to invest Archean Chemical IPO? Archean Chemical IPO kaise buy kare?

     

    Applying in Archean Chemical IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Archean Chemical IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

    For more details on how to use UPI payment method to apply Archean Chemical IPO, please refer article >> Link

    Archean Chemical IPO Review and Important Updates

    Steps to download the online application form for Archean Chemical IPO

    • Step1:Click here.
    • Step2: Click on “Bid-cum Application Form Download
    • Step3: Above Step will open an online form.
    • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
    • Step5: Fill bid details - min 36 and max 468 shares (13 lots).
    • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
    • Step7: This will fill your application online and give you a pdf file.
    • Step8: Take a print of this document and go to your bank for UPI transactions.
    • Or

    • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

    Other relevant questions:

    How to fill Archean Chemical IPO form? How to fill Archean Chemical IPO form online? Archean Chemical IPO online form? Archean Chemical IPO online form fill up? Archean Chemical IPO blank form download? Archean Chemical IPO bid form? Archean Chemical IPO full form? Archean Chemical IPO form nse? Archean Chemical IPO form bse? Archean Chemical IPO form online? Archean Chemical IPO form print? Archean Chemical IPO application amount?

     

    Archean Chemical IPO is going to be list on 21-11-2022. NSE Code for Archean Chemical is ACI. BSE Code for Archean Chemical is 543657.

    Other relevant questions:

    When Archean Chemical IPO will be listing? Archean Chemical IPO NSE listing date?Archean Chemical IPO date of listing.Archean Chemical IPO BSE listing date?

     

    Archean Chemical IPO Allotment Date is 16-11-2022.

    Other relevant questions:

    Archean Chemical IPO share allotment date?Archean Chemical IPO allotment date?

     


    User Reviews

    avatar
    5. Venugopal Kulkarni Oct 30 2022 10:11:09 AM Reply
    Archean Chemical Industries IPO expected listing gain.
    avatar
    4. Nayan Ruparelia Oct 30 2022 10:11:09 AM Reply
    Please confirm Archean Chemical Industries IPO GMP (grey market premium) and kostak.
    avatar
    3. Priyanka Maheshwari  Oct 30 2022 10:11:09 AM Reply
    Archean Chemical Industries IPO good or bad.
    avatar
    2. Priyanka Maheshwari  Oct 30 2022 10:11:09 AM Reply
    Archean Chemical Industries IPO whether to invest or not.
    avatar
    1. srikar Oct 30 2022 10:11:09 AM Reply
    Archean Chemical Industries IPO - CRISIL Rating, Apply or not?.