Chemplast Sanmar Limited is a specialty chemicals manufacturer with a focus on specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors. It is one of India’s leading manufacturers of specialty paste PVC resin based on installed production capacity, as of December 31, 2020. In addition, CSL is also the third-largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in the South India region, based on installed production capacity as of December 31, 2020, and one of the oldest manufacturers in the chloromethanes market in India.
The Rs. 3,850 crores public offering of CSL comprises a fresh issue of equity shares aggregating up to Rs. 1,300 crores and an offer for sale of equity shares aggregating to Rs. 2,550 crores.
Financial Statements:
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|
| March 2019 | 1,266.77 | 118.46 | 4.53 |
| March 2020 | 1,265.51 | 46.13 | 2.04 |
| March 2021 | 3,815.11 | 410.24 | 30.6 |
For more information, you can check out the IPO Prospectus filed by the company.
IPO Details:
| Issue Period | 10th August 2021 to 12th August 2021 |
|---|---|
| Price Range | ₹ 530 to 541 |
| Minimum Bid Quantity | 27 and in multiples thereof |
| Finalisation of Allotment | 18th August 2021 |
| Initiation of Refunds | 20th August 2021 |
| Credit of Shares | 23rd August 2021 |
| Listing Date | 24th August 2021 |
| Mandate end Date | 31st August 2021 |
How do I apply to the Chemplast Sanmar IPO?
You can apply for the Chemplast Sanmar IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the Chemplast Sanmar IPO Allotment Status?
You can check the allotment status for the Chemplast Sanmar IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 18th August 2021.