Chemplast Sanmar Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 53,373,383 (75%) | — | ₹288,750 Cr |
| NII (HNI) | — | 10,674,676 (15%) | — | ₹57,750 Cr |
| Retail | — | 7,116,450 (10%) | — | ₹38,500 Cr |
| Σ Total | — | 71,164,509 (100%) | — | ₹3,850,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,607 |
| Retail (Max) | 13 | 351 | ₹189,891 |
| S-HNI (Min) | 14 | 378 | ₹204,498 |
| B-HNI (Min) | 67 | 1,809 | ₹978,669 |
Financial Statements Amount in Crore
| Metric | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 3,815 | 1,266 | 1,267 |
| Profit After Tax | 410 | 46 | 118 |
| Total Assets | 4,486 | 4,108 | 3,802 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Early redemption of NCDs issued by the Company, in full (“NCD Redemption”); – 1,238.25
- 2 General corporate purposes – 27.12
Company Overview
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
- The 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.