Anupam Rasayan India Ltd IPO: The IPO of specialty chemicals company Anupam Rasayan opens tomorrow and the issue closes on 16th March. Ahead of the IPO, the company had raised ₹225 crores from anchor investors, including foreign portfolio investors, domestic mutual funds, insurance companies, and alternative investment funds.
Anupam Rasayan India Limited® is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India. their business verticals are (i) life science-related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.
Since 1984 Anupam Rasayan India Limited® has been a valuable partner to our customers for custom manufacturing of multi-synthesis molecules such as (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives on exclusive basis for our customers. Certain of our facilities are ISO 9001:2015 and ISO 14001:2015 certified company with sound technology, environment consciousness, rich history of innovation through research, and total commitment to excellence towards quality and sustainability.
Promotors of Anupam Rasayan India Ltd
- Mr. Anand S Desai, aged 47 years, is our Promoter and the Managing Director.
- Dr. Kiran C Patel, aged 71 years, is the Promoter and a Non-Executive Director and Chairman of the Company.
Financials of Anupam Rasayan India Ltd
|Particulars (INR & Millions)||31-Dec-20||31-Mar-20||31-Mar-19||31-Mar-18|
|Profit After Tax||480.94||529.75||502.09||403.41|
Anupam Rasayan India Ltd IPO Details
|Issue Period||12-Mar-2021 to 16-Mar-2021|
|Post issue Modification Period||17-Mar-2021 (10.00 A.M. to 11.00 A.M.)|
|Cut-off time for UPI Mandate Confirmation||17-Mar-2021 (upto 12:00 PM)|
|Issue Size||Initial Public offer of [.] Equity Shares aggregating up to Rs 7,600 Million (including Anchor Portion of 40,48,647 Equity Shares)|
|Issue Type||100% Book Building|
|Price Range||Rs.553 to Rs.555|
|Discount||Rs. 55 per equity share for eligible employee Category Only|
|Face Value||Rs 10|
|Tick Size||Re 1|
|Minimum Order Quantity||27 Equity Shares|
|Maximum Subscription Amount for Retail Investor||Rs. 2,00,000|
|Maximum Subscription Amount for Eligible Employee||Rs. 5,00,000|
|IPO Market Timings||10.00 a.m. to 5.00 p.m.|
|Book Running Lead Managers||Axis Capital Limited, Ambit Private Limited, IIFL Securities Limited, JM Financial Limited|
|Sponsor Bank||HDFC Bank Limited|
|Name of the Registrar||Kfin Technologies Private Limited|
|Contact person name number and Email id||Mr. M Murali Krishna, 040 3321 100, email@example.com|
Tentative Date/ Timetable of Anupam Rasayan India Ltd IPO
|Bid/Offer Opens On||Mar 12, 2021|
|Bid/Offer Closes On||Mar 16, 2021|
|Finalization of Basis of Allotment||Mar 19, 2021|
|Initiation of Refunds||Mar 22, 2021|
|Credit of Shares to Demat Acct||Mar 23, 2021|
|IPO Shares Listing Date||Mar 24, 2021|
Anupam Rasayan India Ltd IPO Latest Grey Market Premium (GMP)
|DATE||OFFER PRICE||GREY MARKET PREMIUM||KOSTAK RATES|
|16.03.2021||₹ 555||₹ 150-160||₹ 400|
|15.03.2021||₹ 555||₹ 180-190||₹ 400|
|14.03.2021||₹ 555||₹ 180-190||₹ 350|
|13.03.2021||₹ 555||₹ 180-190||₹ 350|
|12.03.2021||₹ 555||₹ 260-270||₹ 350|
|11.03.2021||₹ 555||₹ 260-270||₹ 350|
|10.03.2021||₹ 555||₹ 250-260||₹ 350|
|09.03.2021||₹ 555||₹ 310-320||₹ 350|
|08.03.2021||₹ 555||₹ 290-300||₹ 300|
IPO Subscription Details of Anupam Rasayan India Ltd
|DAY 1||DAY 2||DAY 3|
IPO Allotment status of Anupam Rasayan India Ltd
Anupam Rasayan India Ltd IPO Allotment Status can be checked here by clicking to find the IPO Allotment Status. Allotment of Equity Shares as per the Fresh Issue and move of the Offered Shares of the Promoter Selling Shareholders compliant with the Offer available to be purchased to the effective Bidders.
Company Contact Information
Anupam Rasayan India Limited
8110, GIDC Industrial Estate,
Sachin, Surat 394 230
Phone: (+91 261) 239 8991
Anupam Rasayan India Ltd IPO Registrar
KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Serilingampally,
Rangareddi, Telangana India – 500 032.