IPO Issue Details
Issue Price / Price Band₹541 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size27 Shares per Lot
Total Issue Size7,11,64,509 shares (aggregating up to ₹3,850.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 10 Aug 2021
Subscription CloseThu, 12 Aug 2021
Anchor AllotmentMon, 09 Aug 2021
Basis of AllotmentWed, 18 Aug 2021
Initiation of RefundsFri, 20 Aug 2021
Credit of Shares to DematMon, 23 Aug 2021
Listing DateTue, 24 Aug 2021
UPI Mandate Deadline2021-08-12
Application & Investment Details
Retail — Min (1 Lots)₹14,607 — 27 shares
Retail — Max (13 Lots)₹189,891 (13 Lots)
HNI — Min (14 Lots)₹2,04,498 — 378 shares
Pre-IPO Promoter Holding13,40,80,000 shares
Post-IPO Promoter Holding15,81,09,574 shares
Fresh Issue Shares2,40,29,574 shares (aggregating up to ₹1,300.00 Cr)
Offer for Sale Shares4,71,34,935 shares of ₹5 (aggregating up to ₹2,550.00 Cr)
About Chemplast Sanmar Ltd.
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 strengthsThe largest manufacturer of specialty paste PVC resins in India in terms of installed production capacity.3rd largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in South India.A part of the SHL Chemicals Group, one of the most prominent corporate groups in South India.A vertically integrated business model with a focus on quality manufacturing.Highly experienced managerial team.
Objects of the Issue
Chemplast Sanmar Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Early redemption of NCDs issued by the Company, in full (“NCD Redemption”);
1,238.25
2
2 General corporate purposes
27.12
Shareholding & Lock-in
Pre-IPO Promoter Holding
13,40,80,000 shares
Post-IPO Promoter Holding
15,81,09,574 shares
Lock-in Period (30%)September 17, 2021
Lock-in Period (50%)November 16, 2021