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Issue Open Date
|
09-Nov-22
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Issue Closing Date
|
11-Nov-22
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Application Money
|
100
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Allotment Money
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Price Band
|
386
-
407
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Minimium Application No.
|
36
|
|
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Issue Size (Shares)
|
35928869
|
|
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Market Lot
|
1.00
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Objective
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1. Redemption or earlier redemption, in part or full, of NCDs issued by our Company.2. General corporate purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
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Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
5550738
|
82721196
|
14.90
|
|
Qualified Institutional Buyers
|
10706095
|
523590840
|
48.91
|
|
Retail Individual Investors
|
3700492
|
36858780
|
9.96
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Business Description
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| We are a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. (Source: Company Commissioned F&S Report, January 2022). According to Frost |
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more... |
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Promoter's Holding
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Total Share Capital
|
103274120
|
|
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Offered to Public
|
35928869
|
|
|
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Promoter's Holding (Pre-Issue)
|
100
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Promoter's Holding (Post-Issue)
|
53.6
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Address |
No. 2
North Crescent Road
T Nagar
Chennai
,
Tamil Nadu
,
600017
Phone:
044-61099999
Email:
info@archeanchemicals.com
Website:
www.archeanchemicals.com
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
ICICI Securities Ltd
IIFL Securities Ltd.
JM Financial Ltd.
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Promoters |
Chemikas Speciality LLP
Ranjit Pendurthi
Ravi Pendurthi
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