Chemplast Sanmar IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Chemplast Sanmar
- Important Details – Chemplast Sanmar
- Objects of the Issue
- Chemplast Sanmar Limited Financials:
- Chemplast Sanmar IPO Price – Details
- Chemplast Sanmar IPO DRHP & RHP
- Chemplast Sanmar IPO Lot Size
- Chemplast Sanmar IPO Lead Managers
- Chemplast Sanmar Registrar
- Chemplast IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate & Registered Office
- Company Promoters
- Chemplast Sanmar IPO – FAQS
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.
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
| Date | Details |
|---|---|
| March 13, 1985 | The company was originally incorporated as Urethanes India Limited (“UIL”) at Chennai, |
| October 1, 1991 | Subsequently, Chemicals and Plastics India Limited (“CPIL”), was amalgamated with UIL pursuant to the CPIL Scheme of Amalgamation (as defined hereinafter). |
| March 10, 1992 | The name was changed from “Urethanes India Limited” to “Chemicals and Plastics India Limited” |
| September 28, 1995 | The 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
| Description | Chemplast IPO Details |
|---|---|
| Public Issue | Initial 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 Date | 10-Aug-21 |
| Issue Close Date | 12-Aug-21 |
| Issue Type | Book 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 Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | CHEMPLAST |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Chemplast Sanmar IPO DRHP & RHP
Chemplast Sanmar IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 27 | ₹ 14,607 |
| Maximum | 13 | 351 | ₹ 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
| Details | Date |
|---|---|
| Bid / Offer Opens on | 10-Aug-21 |
| Bid / Offer Closes on | 12-Aug-21 |
| Finalisation of Basis of Allotment | 18-Aug-21 |
| Initiation of refunds | 20-Aug-21 |
| Credit of the Equity Shares | 23-Aug-21 |
| Commencement of trading – Listing | 24-Aug-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | Total income, for Financial Year 2021 (in ₹ million) | NAV, as on March 31, 2021 (₹ per share) |
| Chemplast Sanmar Limited | 5 | 38,151.08 | (139.15) |
| PI Industries Limited | 1 | 47,019.00 | 351.47 |
| SRF Limited | 10 | 84,546.30 | 1,157.03 |
| Finolex Industries | 2 | 35,343.70 | 50.59 |
| Navin Fluorine International Limited | 2 | 12,584.37 | 165.06 |
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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