IPO Issue Details
Issue Price / Price Band₹555 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size27 Shares per Lot
Total Issue Size1,37,15,495 shares (aggregating up to ₹760.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenFri, 12 Mar 2021
Subscription CloseTue, 16 Mar 2021
Anchor AllotmentWed, 10 Mar 2021
Basis of AllotmentFri, 19 Mar 2021
Initiation of RefundsMon, 22 Mar 2021
Credit of Shares to DematTue, 23 Mar 2021
Listing DateWed, 24 Mar 2021
UPI Mandate Deadline2021-03-16
Application & Investment Details
Retail — Min (1 Lots)₹14,985 — 27 shares
Retail — Max (13 Lots)₹194,805 (13 Lots)
HNI — Min (14 Lots)₹2,09,790 — 378 shares
Pre-IPO Promoter Holding8,62,06,896 shares
Post-IPO Promoter Holding9,99,22,391 shares
About Anupam Rasayan India Ltd.
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 strengthsDiversified 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.
Objects of the Issue
Anupam Rasayan India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment/prepayment of certain indebtedness availed by our Company (including accrued interest)
563.70
2
2 General corporate purposes
156.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
8,62,06,896 shares
Post-IPO Promoter Holding
9,99,22,391 shares
Lock-in Period (30%)April 18, 2021
Lock-in Period (50%)June 17, 2021