Chemplast Sanmar Limited IPO
About The Company – What does it do
Chemplast Sanmar is over fifty years old and is a part of the SHL Chemicals Group.
It is a major manufacturer of Speciality Chemicals (Product Portfolio) such as Specialty Paste PVC resin and Custom Manufactured Chemicals for agro-chemical, pharmaceutical and fine chemicals sector. The company also produces other chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas and Industrial Salt. The manufacturing facilities are located at Mettur, Berigai and Vedaranyam in Tamil Nadu and Karaikal in the Union Territory of Puducherry.
The firm exports to countries like Brazil, USA and China where as imports from Denmark, Republic Of Korea, Germany, Switzerland.
IPO details
- The IPO is open from 10th August 2021 to 12th August 2021.
- The face value is Rs. 5 per equity share.
- IPO price is Rs. 530 to Rs. 541 per equity share.
- Each lot consists of 27 shares. The maximum number of lots retail-individual investor can apply is 13 lots.
- The issue size is of Rs. 5 per equity share, aggregating up to Rs. 3850 Cr while the fresh issue is Rs. 5 per equity share, aggregating up to Rs. 1300 Cr
- The offer for sale is Eq Shares of Rs. 5, aggregating up to Rs. 2,550Cr
The schedule for the IPO is as follows:
