Exchanges
BSE, NSE
Industry
Specialty Chemicals
Issue
Book building

Archean Chemical Industries IPO

₹458.15

+12.57% on listing

Listing-day close · NSE · 21 Nov 2022 · issue price ₹407

Archean Chemical Industries’ ₹1,462 crore IPO was priced at ₹407 a share. It listed on the NSE on 21 Nov 2022 and closed its first day at ₹458.15, up 12.57% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,462 Cr
Fresh issue
₹805 Cr
Offer for sale
₹657 Cr
Lot size
36 shares
Minimum investment
₹14,652
Face value
₹2
Registrar
MUFG Intime India

Subscription

Archean Chemical Industries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—18.34×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹5,008 Cr
P/E (post-issue)
14.8
EPS (post-issue)
₹27.44
Price to book
16.1
ROE
113.11%
ROCE
34.62%
Debt to equity
3.53
EBITDA margin
42.42%
PAT margin
16.68%
Promoter holding
65.58% → 55.23%

Financials as of 31 Mar 2022, from the offer documents.

Listing

Listing date
21 Nov 2022
Issue price
₹407
Open
₹450.00
High
₹476.00
Low
₹440.20
Close
₹458.15

Listing day on the NSE. The close was +12.57% on the issue price.

FAQs

When did the Archean Chemical Industries IPO open and close?

It opened on 9 Nov 2022 and closed on 11 Nov 2022.

What was the Archean Chemical Industries IPO price?

The price band was ₹386–407 a share. The final issue price was ₹407.

What is the lot size and minimum investment?

One lot is 36 shares, ₹14,652 at ₹407 a share. Retail investors apply in whole lots.

How much did Archean Chemical Industries raise?

₹1,462 crore: ₹805 crore of new shares and ₹657 crore offered by existing shareholders.

How many times was the Archean Chemical Industries IPO subscribed?

18.34 times overall.

How did Archean Chemical Industries list?

It listed on the NSE on 21 Nov 2022 at ₹450.00 and closed the day at ₹458.15, up 12.57% on the ₹407 issue price.

Who is the registrar of the Archean Chemical Industries IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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