Anupam Rasayan India Limited
- IPO Date12 Mar, 2021 to 16 Mar, 2021
- Listing Date24 Mar, 2021
- Face Value₹10 per share
- Issue Price₹553 to ₹555 per share
- Lot Size27 Shares
- Minimum Investment₹14,985
- Listing AtBSE, NSE
- Total Issue Size1,36,93,694 Shares
(aggregating up to ₹760.00 Cr) - Fresh Issue-
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
16 Mar, 2021
Initiation of Refunds
23 Mar, 2021
Listing Date
24 Mar, 2021
12 Mar, 2021
Opening Date
19 Mar, 2021
Basis of Allotment
23 Mar, 2021
Credit of Shares
Anupam Rasayan India Limited Lot Size
Investors can bid for a minimum of 27 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,985 |
| Retail (Max) | 13 | 351 | ₹1,94,805 |
Anupam Rasayan India Limited Promoter Holding
Mr. Anand S Desai, Dr. Kiran C Patel, Ms. Mona A Desai, Kiran Pallavi Investments LLC, and Rehash Industrial and Resins Chemicals Private Limited are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 75.8% | 65.4% |
Anupam Rasayan India Limited COMPANY INFORMATION
Anupam Rasayan IPO is a book built issue of Rs 760.00 crores. Anupam Rasayan IPO bidding started from March 12, 2021 and ended on March 16, 2021. The allotment for Anupam Rasayan IPO was finalized on Friday, March 19, 2021. The shares got listed on BSE, NSE on March 24, 2021. Anupam Rasayan IPO price band is set at ₹553 to ₹555 per share. The minimum lot size for an application is 27 Shares. The minimum amount of investment required by retail investors is ₹14,985. Ambit Private Limited, Axis Capital Limited, Iifl Securities Ltd and Jm Financial Limited are the book running lead managers of the Anupam Rasayan IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Anupam Rasayan IPO RHP for detailed information.
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.
Competitive strengths
- Diversified customer base across geographies and industries.
- In-house R&D team to foster product innovation.
- Diversified and customized product portfolio.
- Strategically located manufacturing facilities.
- Consistent financial performance track record.
FAQs About Anupam Rasayan India Limited
Anupam Rasayan India Limited will open on 12 Mar, 2021 and close on 16 Mar, 2021. Investors must apply within this period to participate.
The Anupam Rasayan India Limited price band is set between ₹553.00 and ₹555.00 per share. The minimum lot size is 27, requiring an investment of at least ₹14985.00.
The Anupam Rasayan India Limited shares are expected to be listed on 24 Mar, 2021, subject to regulatory approvals and final allotment.
You can track your Anupam Rasayan India Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Anupam Rasayan India Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.