Archean Chemical Industries Limited IPO

Archean Chemical Industries Limited IPO is listed on BSE and NSE, priced at ₹386–₹407 per share. The stock debuted at ₹450, delivering a listing gain of 10.6%. The IPO had a lot size of ₹36 shares and a minimum investment of ₹14,652.

Archean Chemical Industries Limited IPO

Mainboard Listed
₹14,652 (36 Shares)
Minimum Investment
Check Allotment
IPO Dates
Nov 9, 2022 – Nov 11, 2022
Price band
₹386-407 per equity share
Minimum Investment
₹14,652
Issue size
Total 1,462.31 Cr Approx : Fresh Issue: ₹805 Cr Approx + OFS : 16,150,000 Shares
Lot size
36
Allotment Date
Nov 16, 2022
Listing
Nov 21, 2022
Listing At
BSE, NSE

IPO timeline

  1. Nov 9, 2022

    Open Date

    Completed

  2. Nov 11, 2022

    Close Date

    Completed

  3. Nov 16, 2022

    Allotment Date

    Completed

  4. Nov 21, 2022

    Listing Date

    Completed

Price Summary

Last closing
560.00 (37.59%)
52 week high
727.60
52 week low
483.00
Last update

Archean Chemical Industries Limited IPO Essentials

Archean Chemical Industries Limited IPO Details

Archean Chemical Industries Limited IPO is priced at ₹386-407 per share with a total issue size of Total 1,462.31 Cr Approx : Fresh Issue: ₹805 Cr Approx + OFS : 16,150,000 Shares. The IPO has a lot size of 36 shares and is listed on BSE and NSE.

Issue price
₹386-407 per equity share
Lot size
36 shares
Face value
₹2 Per Equity Share
Issue size
Total 1,462.31 Cr Approx : Fresh Issue: ₹805 Cr Approx + OFS : 16,150,000 Shares
Listing at
BSE, NSE
List price
450.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
IIFL Securities Ltd ,ICICI Securities Limited ,JM Financial Consultants Private Limited

Archean Chemical Industries Limited IPO Details

  • Retail Portion 10% (Number of Retail Applications : 99,800 Approx),
    (Number of sHNI Applications : 3,560 Approx),
    (Number of bHNI Applications : 7,120 Approx)

Archean Chemical Industries Limited IPO Documents

Archean Chemical Industries Limited IPO Analytics

Archean Chemical Industries Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Archean Chemical Industries Limited IPO Subscription Status

Archean Chemical Industries Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 10,706,095
5,550,738
3,700,492
1,850,246
3,700,492 19,957,325
Day 1 09-11-22 05:00 PM
0.04 x
0.36x
0.39x
0.31x
0.95 x 0.30 x
Day 2 10-11-22 05:00 PM
0.54 x
2.07x
2.21x
1.80x
2.94 x 1.41 x
Day 3 11-11-22 05:00 PM
48.91 x
14.90x
16.90x
10.91x
9.95 x 32.23 x

Archean Chemical Industries Limited Valuations

Earnings

EPS (Post IPO)
₹18.26/-

Returns

RoNW
72.24%

Data sourced from DRHP / RHP • For educational purposes only

Archean Chemical Industries Limited Financials( In Crs.)

31-Mar-22 31-Mar-20 31-Mar-19
Assets 1529.68 1428.6 1260.51
Revenue 1142.83 617 572.91
Profit After Tax 188.58 -36.24 39.97

Archean Chemical Industries Limited Company & Offer Insights

About Archean Chemical Industries Limited

Archean Chemical Industries Limited is the largest exporter of bromine and industrial salt in India in Fiscal 2021. The company is the leading speciality marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.
Archean Chemical Industries markets the products to 13 global customers in 13 countries and 29 domestic customers. The company was the largest exporter of industrial salt in India with exports of 2.7 million MT in Fiscal 2021.
Archean Chemical Industries Limited are the largest exporter of Bromine from India. The company is the only manufacturer of sulphate potash in India. The company's marine chemicals business is predominately conducted on a business-to-business basis both in India and internationally.
The company have an integrated production facility for the bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat, which is located on the northern edge of the Rann of Kutch brine fields.

Archean Chemical Industries Limited Promoter(s)

Chemikas Speciality LLP, Ravi Pendurthi, Ranjit Pendurthi are the company's promoters of Archean Chemical Industries Limited.

Archean Chemical Industries Limited IPO Issue Objectives

Redemption or earlier redemption, in part or full, of NCDs issued by the Company.
General corporate purposes.
The Selling Shareholders will be entitled to their respective portion of the proceeds of the Offer for Sale.

Archean Chemical Industries Limited IPO - Anchor Investors

Archean Chemical Industries mobilises Rs 658 crore via anchor book ahead of IPO.
A total of 42 investors bought shares in the company via anchor book. They include SBI Mutual Fund, Nippon Life, ICICI Prudential, HDFC Mutual Fund, Goldman Sachs, DSP Small Cap Fund, Abu Dhabi Investment Authority, Kotak Mutual Fund, Government Pension Fund Global, and Abakkus Emerging Opportunities Fund.
Aditya Birla Sun Life, Theleme India Master Fund, Tata Mutual Fund, BNP Paribas Funds, Segantii India Mauritius, Elara India Opportunities Fund, Edelweiss, Saint Capital Fund, Winro Commercial, and Societe Generale also invested in the company via anchor book.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Archean Chemical Industries Limited IPO is a book-built IPO worth ₹Total 1,462.31 Cr Approx : Fresh Issue: ₹805 Cr Approx + OFS : 16,150,000 Shares. The price band is ₹386–₹407 per share. The IPO opens on Nov 9, 2022 and closes on Nov 11, 2022. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Archean Chemical Industries Limited IPO is ₹386 to ₹407 per share.

The lot size of Archean Chemical Industries Limited IPO is 36 shares.

The minimum investment for Archean Chemical Industries Limited IPO is approximately ₹14,652 based on the upper price band .

Archean Chemical Industries Limited IPO opens on Nov 9, 2022 and closes on Nov 11, 2022.

The allotment date of Archean Chemical Industries Limited IPO is Nov 16, 2022.

Archean Chemical Industries Limited IPO is expected to be listed on Nov 21, 2022, on BSE and NSE .

Archean Chemical Industries Limited IPO listed on Nov 21, 2022. It was issued at ₹450.0(NSE) and is currently around ₹560.00 as on 14-May-2026 3:30 PM, which is approximately 37.6% versus issue price. The 52-week high is ₹727.60.

Based on listing and post-listing performance, Archean Chemical Industries Limited IPO delivered around 37.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Archean Chemical Industries Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Archean Chemical Industries Limited IPO valuation snapshot: P/E N/A, EPS ₹18.26/-, P/B N/A, RoNW 72.24%, and market cap N/A.

To apply for Archean Chemical Industries Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Archean Chemical Industries Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Archean Chemical Industries Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Archean Chemical Industries Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Archean Chemical Industries Limited IPO allotment status on IPO Ji for quick and easy access.