IPO

Chemplast Sanmar IPO

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Chemicals

Listed On: Aug 24, 2021 at ₹ ₹550 (NSE)

₹ 14607 /27 Shares

Check Allotment

10 Aug, 2021

Open Date

12 Aug, 2021

Close Date

18 Aug, 2021

Allotment Date

24 Aug, 2021

Listing Date
Price Summary

Last Closing

250.00 (-53.79%)

52 Week High

525.00

52 Week Low

245.30

Last Update

19-Dec-2025 3:30 PM
IPO Issue Details
  • Issue Price ₹530-541 per equity share
  • Face Value ₹5 Per Equity Share 
  • Issue Price Total Equity Shares 71,164,510 aggregating up to ₹3850/- Cr
    # Fresh Issue: 24,029,574 Equity Shares aggregating up to ₹1300/- Cr
    # Offer for Sale: 47,134,935 Equity Shares aggregating up to ₹2550/- Cr
  • Listing at BSE, NSE
  • List Price ₹550 (NSE)
  • Listing Date 2021-08-24
  • Lead Manager Ambit Private Limited, Axis Capital Limited, BOB Capital Markets Limited, Credit Suisse Securities (India) Private Limited, HDFC Bank Limited, ICICI Securities Limited, IIFL Holdings Limited, IndusInd Bank Limited, Yes Securities (India) Limited
  • Registrar KFintech Private Limited
IPO Details
  • Retail Portion 10%
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹530-541 per equity share, which has a face value of ₹5 Per Equity Share  each, IPO bidding starts from Aug 10, 2021 and ends on Aug 12, 2021. The allotment for IPO will be finalized on Aug 18, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 24, 2021. The company shall list its equity shares on the BSE, NSE. KFintech Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Ambit Private Limited, Axis Capital Limited, BOB Capital Markets Limited, Credit Suisse Securities (India) Private Limited, HDFC Bank Limited, ICICI Securities Limited, IIFL Holdings Limited, IndusInd Bank Limited, Yes Securities (India) Limited.


The IPO sets its price band at 530-541 for each share. A single application for Chemplast Sanmar IPO must contain at least 27 shares.

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IPO Subscription Analysis And Details
Retail
2.34x
QIB
2.75x
NII
1.05x
Total
2.21x
As on QIB NII Retail Total
Shares Offered / Reserved 213,49,354 106,74,676 71,16,450 391,40,480
Day 1 10-08-21 05:00 PM
0.00 x 0.03 0.84 x 0.17 x
Day 2 11-08-21 05:00 PM
0.02 x 0.05 1.28 x 0.25 x
Day 3 12-08-21 05:00 PM
2.75 x 1.05 2.34 x 2.21 x
Total No of Applications
512078
Subscription on the basis of Applications
1.94
Valuations
Earnings Per Share (EPS) ₹24.54/-
P/E Ratio 22.04
RoNW N/A%
Net Asset Value (NAV) - As on 31.03.21 ₹(139.15)
Company Financials
In Crs.
In Cr.
31-Mar-21 31-Mar-20 31-Mar-19
Assets 4,486.09 4,107.54 3,801.56
Revenue 3,815.10 1,265.51 1,266.77
Profit After Tax 410.24 46.12 118.46
About Company

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.

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- Promoter(s)

Sanmar Holdings Limited

Pre Issue Share Holding : 100%

Post Issue Share Holding : 54.99%

IPO - Issue Objectives
1

Early redemption of NCDs issued by the company in full.

2

Meet general corporate purposes.

IPO - Anchor Investors

Chemplast Sanmar mobilises Rs 1,732.5 crore from anchor investors ahead of IPO

Marquee investors which participated in the anchor book were Abu Dhabi Investment Authority, Amundi Funds, Government Pension Fund Global, Best Investment, Corporation, Jupiter India Fund, Neptune Investment, Volrado Venture, Kuber India Fund, CLSA, Public Sector Pension Investment Board, Segantii India Mauritius, Copthall Mauritius, Moon Capital, Goldman Sachs, Tara Emerging Asia, Nomura, and Societe Generale.

Domestic investors including SBI Mutual Fund, Axis Mutual Fund, Mirae Asset, ICICI Prudential, HDFC Life Insurance, HDFC Trustee, Nippon Life, Franklin India, Aditya Birla Sun Life, Sundaram Mutual Fund, IDFC, JM Financial, IIFL Special Opportunities Fund, and Edelweiss also invested in the company.

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Chemplast Sanmar Limited N/A N/A 5.45% 3,815.10
PI Industries Limited 8.52 62.68 13.59% 3,415.40
SRF Limited 7.14 48.57 20.66% 7,258.46
Finolex Industries 0.73 3.10 23.69% 3,015.89
Navin Fluorine International Limited 11.58 63.88 18.13% 1,094.88