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Chemplast Sanmar Limited IPO Details

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Chemplast Sanmar IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Chemplast Sanmar

Chemplast Sanmar Limited (CSL) is a specialty chemicals manufacturer in India with a focus on specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors. CSL is one of India’s leading manufacturers of specialty paste PVC resin on the basis of installed production capacity, as of December 31, 2020.

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In addition, CSL is also the third-largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in the South India region, on the basis of installed production capacity as of December 31, 2020, and one of the oldest manufacturers in the chloromethanes market in India. Pursuant to the CCVL Acquisition, CSL acquired 100.0% equity interest in CCVL that is the second-largest manufacturer of suspension PVC resin in India and the largest manufacturer in the South India region, on the basis of installed production capacity as of December 31, 2020

Chemplast Sanmar Limited has four manufacturing facilities, of which three are located in Tamil Nadu at Mettur (“Mettur Facility”), Berigai (“Berigai Facility”) and Cuddalore (“Cuddalore Facility”), and one is located in Puducherry at Karaikal (“Karaikal Facility”).

Important Details – Chemplast Sanmar

DateDetails
March 13, 1985The company was originally incorporated as Urethanes India Limited (“UIL”) at Chennai,
October 1, 1991Subsequently, Chemicals and Plastics India Limited (“CPIL”), was amalgamated with UIL pursuant to the CPIL Scheme of Amalgamation (as defined hereinafter).
March 10, 1992The name was changed from “Urethanes India Limited” to “Chemicals and Plastics India Limited”
September 28, 1995The name was changed from “Chemicals and Plastics India Limited” to “Chemplast Sanmar Limited”

Objects of the Issue

  • Early redemption of NCDs issued by the Company, in full (“NCD Redemption”); and
  • General corporate purposes

Chemplast Sanmar Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in million)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 44,860.93 41,075.40 38,015.63
Total income 38,151.08 12,655.10 12,667.74
Profit After Tax 4,102.44 461.25 1,184.64

Chemplast Sanmar IPO Price – Details

DescriptionChemplast IPO Details
Public IssueInitial Public offer of [.] Equity Shares aggregating up to Rs.3850 crore comprising a Fresh Issue of up to Rs.1300 crore and an Offer for Sale of up to [.] Equity shares aggregating up to Rs.2550 crore
Issue Open  Date10-Aug-21
Issue Close Date12-Aug-21
Issue TypeBook Building
IPO Price Band₹ 530 – ₹ 541
Face Value ₹ 5
Market Lot 27 Equity Shares and in multiples thereof
Minimum Order Quantity 27 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolCHEMPLAST
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Chemplast Sanmar IPO DRHP & RHP

Chemplast Sanmar IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum127₹ 14,607
Maximum13351₹ 1,89,891

Chemplast Sanmar IPO Lead Managers

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

Chemplast Sanmar Registrar

  • KFin Technologies Private Limited

Chemplast IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on10-Aug-21
Bid / Offer Closes on12-Aug-21
Finalisation of Basis of Allotment18-Aug-21
Initiation of refunds 20-Aug-21
Credit of the Equity Shares23-Aug-21
Commencement of trading – Listing24-Aug-21

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value Total income, for Financial Year 2021
(in ₹ million)
NAV, as on March 31, 2021
(₹ per share)
Chemplast Sanmar Limited538,151.08(139.15)
PI Industries Limited147,019.00351.47
SRF Limited1084,546.301,157.03
Finolex Industries235,343.7050.59
Navin Fluorine International Limited212,584.37165.06

Company Corporate & Registered Office

9, Cathedral Road,
Chennai, 600086,
Tamil Nadu, India
Tel: + (91) 44 28128500

Company Promoters

  • Sanmar Holdings Ltd

Chemplast Sanmar IPO – FAQS

When Chemplast Sanmar IPO will open ?

The Chemplast IPO opens on Aug 10, 2021 and closes on Aug 12, 2021

What is the lot size of Chemplast Sanmar IPO ?

The Chemplast Sanmar IPO lot size is 27 Shares and the minimum order quantity is 27 Shares.

What is the price band for Chemplast Sanmar IPO ?

The Chemplast IPO price band at ₹ 530 – ₹ 541 per share

Who is the Registrar for Chemplast Sanmar IPO ?

The Registrar is KFin Technologies Private Limited

How to apply in Chemplast Sanmar IPO through UPI?

Check the step by step process here – Click here

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