Bookbuilding IPO | ₹3,850 Cr | Listed at BSE, NSE | Tue, Aug 10, 2021 - Thu, Aug 12, 2021
Chemplast Sanmar IPO is a book build issue of ₹3,850.00 crores. The issue is a combination of fresh issue of 2.40 crore shares aggregating to ₹1,300.00 crores and offer for sale of 4.71 crore shares aggregating to ₹2,550.00 crores.
Chemplast Sanmar IPO bidding started from Aug 10, 2021 and ended on Aug 12, 2021. The allotment for Chemplast Sanmar IPO was finalized on Aug 18, 2021. The shares got listed on BSE, NSE on Aug 24, 2021.
Chemplast Sanmar IPO price band is set at ₹541 per share. The lot size for an application is 27. The minimum amount of investment required by an retail is ₹14,607 (27 shares) (based on upper price). The lot size investment for sNII is 14 lots (378 shares), amounting to ₹2,04,498, and for bNII, it is 69 lots (1,863 shares), amounting to ₹10,07,883.
Ambit Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Chemplast Sanmar IPO RHP for detailed Information.
IPO Open
Tue, Aug 10, 2021
IPO Close
Thu, Aug 12, 2021
Issue Price
₹541 per share
Market Cap (Pre-IPO)
₹8,553.73 Cr
| IPO Date | 10 to 12 Aug, 2021 |
| Listed on | Tue, Aug 24, 2021 |
| Face Value | ₹5 per share |
| Price Band | ₹530 to ₹541 |
| Issue Price | ₹541 per share |
| Lot Size | 27 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 7,11,64,509 shares (agg. up to ₹3,850 Cr) |
| Fresh Issue | 2,40,29,574 shares (agg. up to ₹1,300 Cr) |
| Offer for Sale | 4,71,34,935 shares of ₹5 (agg. up to ₹2,550 Cr) |
| Share Holding Pre Issue | 13,40,80,000 shares |
| Share Holding Post Issue | 15,81,09,574 shares |
| BSE Script Code / NSE Symbol | 543336 / CHEMPLASTS |
| ISIN | INE488A01050 |
Chemplast Sanmar IPO comprises a total issue size of 7,11,64,509 shares. Out of which, 5,33,73,383 (75.00%) are allocated to QIB, 1,06,74,676 (15.00%) allocated to NII 71,16,450 (10.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 5,33,73,383 | 75.00% | NA |
| − Anchor Investor Shares Offered | 3,20,24,029 | 45.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 2,13,49,354 | 30.00% | NA |
| NII (HNI) Shares Offered | 1,06,74,676 | 15.00% | NA |
| Retail Shares Offered | 71,16,450 | 10.00% | 2,63,572 |
| Total Shares Offered | 7,11,64,509 | 100.00% |
Investors can bid for a minimum of 27 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,607 |
| Retail (Max) | 13 | 351 | ₹1,89,891 |
| S-HNI (Min) | 14 | 378 | ₹2,04,498 |
| S-HNI (Max) | 68 | 1,836 | ₹9,93,276 |
| B-HNI (Min) | 69 | 1,863 | ₹10,07,883 |
Chemplast Sanmar IPO raises ₹1,732.50 crore from anchor investors. Chemplast Sanmar IPO Anchor bid date is August 9, 2021.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Aug 9, 2021 |
| Shares Offered | 3,20,24,029 |
| Anchor Portion (₹ Cr.) | 1,732.50 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Sep 17, 2021 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Nov 16, 2021 |
Incorporated in 1985, Chemplast Sanmar Ltd is a leading specialty chemical manufacturer in India. The company is engaged in the manufacturing of specialty paste PVC resin, starting materials, and intermediates for agro-chemical, pharmaceuticals, agro-chemical, and fine chemical sectors. It also produces other types of chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas, and Industrial Salt.
It has four manufacturing facilities, among which, 3 are situated at Mettur, Berigai, and Cuddalore in Tamil Nadu, and one is located in Puducherry at Karaikal.
Competitive strengths
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Early redemption of NCDs issued by the Company, in full (“NCD Redemption”); | 1,238.25 |
| 2 | General corporate purposes | 27.12 |
The Chemplast Sanmar IPO is subscribed 2.17 times on August 12, 2021 5:00:00 PM (Day 3). The public issue subscribed 2.29 times in the retail category, 2.7 times in the QIB category, and 1.03 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 2.7 | 2,17,92,453 | 5,87,68,362 |
| NII | 1.03 | 1,08,96,226 | 1,12,40,073 |
| Retail | 2.29 | 72,64,150 | 1,66,29,705 |
| Total | 2.17 | 3,99,52,829 | 8,66,38,140 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the GCBRMs and BRLMS including underwriting commission, brokerage and selling commission, as applicable | 68.15 |
| 2 | Advertising and marketing expenses | 3.16 |
| 3 | Printing and stationery expenses | 1.88 |
| 4 | Fees payable to Registrar to the Offer | 0.08 |
| 5 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 4.59 |
| 6 | Others (Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses, fees for the legal counsel, Statutory Auditor, Independent Chartered Engineer, and the Independent Chartered Accountant appointed for the purpose of the Offer etc.) | 21.32 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹541.00 | ₹541.00 |
| Open | ₹525.00 | ₹550.00 |
| Low | ₹510.30 | ₹510.00 |
| High | ₹550.00 | ₹550.00 |
| Last Trade | ₹534.90 | ₹535.60 |
Lead Manager Reports
Chemplast Sanmar IPO is a main-board IPO of 7,11,64,509 equity shares of the face value of ₹5 aggregating up to ₹3,850 Crores. The issue is priced at ₹541 per share. The minimum order quantity is 27.
The IPO opens on Tue, Aug 10, 2021, and closes on Thu, Aug 12, 2021.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Chemplast Sanmar IPO using UPI as a payment gateway. Zerodha customers can apply in Chemplast Sanmar IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Chemplast Sanmar IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Chemplast Sanmar IPO opens on Tue, Aug 10, 2021 and closes on Thu, Aug 12, 2021.
Chemplast Sanmar IPO lot size is 27, and the minimum amount required for application is ₹14,607.
You can apply in Chemplast Sanmar IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Chemplast Sanmar IPO will be done on Wednesday, August 18, 2021, and the allotted shares will be credited to your demat account by Mon, Aug 23, 2021. Check the Chemplast Sanmar IPO allotment status.
The Chemplast Sanmar IPO listing date is on Tue, Aug 24, 2021.
