Archean chemical ipo chittorgarh

November 16, 2022 admin [ssba] Archean Chemical IPO Analysis @ Chanakyanipothi.com the Oldest & the most Trusted Investment website in India. Operational since 8th December 1999, we are the Only Investment Platform in India, which has successfully completed 22 Years Archean Chemical IPO Grey Market News Today # For latest updates , Archean Chemical IPO Subscription Status # On 11 November 2022 @ 5.00 pm (Last Day) QIB :10706095Shares, 48.91T Big NII:3700492Shares, 16.90T SmallNII:18500246 Shares, 10.91T RII: 3700492Shares,9.95T Total :19957325Shares,32.23T Archean Chemical IPO Guidance: Archean Chemical IPO Company Details Archean Chemical is a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. According to Frost & Sullivan, it is the largest exporter of bromine and industrial salt in India in Fiscal 2021 and have amongst the lowest cost of production globally in both bromine and industrial salt. It produces its products from its brine reserves in the Rann of Kutch, located on the coast of Gujarat, and Archean Chemical manufactures its products at its facility near Hajipir in Gujarat. As of September 30, 2021, it marketed its products to 13 global customers in 13 countries and to 29 domestic customers. Its bromine is used as key initial level materials, which have applications in the pharmaceuticals, agrochemicals, water treatment, flame retardant, ad...

Archean Chemical Industries is a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. It markets its products to 18 global customers in 13 countries, and to 24 domestic customers. Its marine chemicals business is predominately conducted on a business-to-business basis both in India and internationally. It is an export-oriented business with key geographies being China, Japan, South Korea, Qatar, Belgium, and the Netherlands.;

Synopsis ​​ The IPO consists of a fresh issue of equity shares aggregating up to Rs 1,000 crore and an offer for sale of up to 1.9 crore shares by the promoter and investors, including the India Resurgence Fund, a joint venture between the Piramal Group and Bain Capital, according to the draft red herring prospectus (DRHP). New Delhi: The IPO consists of a fresh issue of equity shares aggregating up to Rs 1,000 crore and an offer for sale of up to 1.9 crore shares by the promoter and investors, including the India Resurgence Fund, a joint venture between the Piramal Group and Bain Capital, according to the draft red herring prospectus (DRHP). Industrial salt is an important raw material used in the chemical industry for the production of various other chemicals and compounds and sulphate of potash is used as a fertilizer and also has medical uses. Archean's revenue from operations has grown at a CAGR (compound annual growth rate) of 9.42 per cent from Rs 565.5 crore in fiscal 2019 to Rs 740.76 crore in fiscal 2021. IIFL Securities, ICICI Securities and JM Financial are the book running lead managers to the IPO. PTI SP HRS hrs Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. • 862.50 04:02 PM | 14 Jun 2023 42.60 (5.20%) 1,779.35 04:02 PM | 14 Jun 2023 41.40 (2.38%) 113.80 04:02 PM | 14 Jun 2023 2.65 (2.38%) 772.85 04:02 PM | 14 Jun 2023 16.20 (2.14%) • 7,096.85 04:02 PM | 14 Jun 2023 -69.90 (-0.98%) 1,323.25 03:59 PM | 14 Jun 2023 -13...

TCS Work From Office Rule: ‘Productivity is Hampered Because…’ - Say Employees; Two Things Worrying Staff Returning To Office – Know What © Provided by Business Today Archean Chemical IPO opens today: GMP, price band, lot size and more The initial public offer (IPO) of speciality marine chemical manufacturer Archean Chemical Industries will open today. The issue will close on November 11. The IPO has a price band of Rs 386 to Rs 407 per share. At the upper end of the price band, the share sale is expected to fetch Rs 1,462.3 crore. The grey market premium (GMP) of the stock stood at Rs 70 today, implying that the grey market expects the firm to list around Rs 477 (Rs 407 + Rs 70). The lot size of Archean Chemical IPO is 36 shares for which one will have to spend Rs 14,652. A retail individual investor can submit bids for up to 13 lots or 468 shares by spending Rs 1,90,476. The allotment of shares will be done on November 16 and they are likely to be listed on BSE and NSE on November 21. The firm raised Rs 658 crore from 42 anchor investors at the upper price band of Rs 407 per equity share. The speciality marine chemical manufacturer allocated 1,61,67,991 equity shares to anchor investors including SBI Mutual Fund, Nippon India Fund, ICICI Prudential, HDFC Mutual Fund, Goldman Sachs Fund, Ashoka India Opportunities Fund, DSP Fund, IIFL Funds, Kotak Fund Motilal Fund, Tata Mutual Fund, Theleme India Fund, Baroda BNP Paribas Fund and Edelweiss Fund. Nomura, Kuber India Fund,...

Archean Chemical IPO allotment date: Allocation of Archean Chemical Industries Limited shares has been finalised and those who bid for the initial public offer (IPO) can check their application status online. Bidders can check Archean Chemical IPO allotment status online by logging in at the BSE website or at the official registrar's website. The official registrar of the IPO is Link Intime private Ltd. Archean Chemical IPO GMP today Meanwhile grey market premium is signaling strong sentiments ahead of Archean Chemical IPO allotment date. According to stock market observers, ₹95, which is ₹5 lower from its yesterday's GMP of ₹100. This means, grey market is expecting that Archean Chemical IPO listing would take place around ₹502 ( ₹407 + ₹95), which is around 23 per cent higher from its price band of ₹386 to ₹407 per equity share. Archean Chemical IPO allotment status: Direct links As mentioned above, bidders can login at BSE website — bseindia.com or at Link Intime's website — linkintime.co.in. For convenience, bidders can login at direct BSE link — bseindia.com/investors/appli_check.aspx or at direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html and check Archean Chemical IPO allotment status online. Archean Chemical IPO allotment status check on BSE To check one's share allotment status online on BSE, a bidder needs to login at direct BSE link — bseindia.com/investors/appli_check.aspx and follow the step by step guide given below: 1] Login at direct BSE...