Chemplast Sanmar Ltd. IPO

An organization focused on manufacturing specialty chemicals like specialty paste PVC resin, and custom-manufactured chemicals for various sectors.

RHP
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DRHP
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Open Date

2021-08-10

Close Date

2021-08-12

Chemplast Sanmar Ltd. IPO Details

Check out the issue details for Chemplast Sanmar Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 541

Price Band

₹ 530 - 541

Issue Size

3850 Cr.

Issue Type

Book Built

Open

2021-08-10

Close

2021-08-12

Listingprice

₹ 550

ListingGain

1.66%

Listing Date

2021-08-24

CMP

₹ 497.15

Current Return

-8.11%

Company Financials

You can get the following financial statements of Chemplast Sanmar Ltd. as of now.

The valuation of Chemplast Sanmar IPO company based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 541
Existing Shares (Qty) 13.4 Cr
Fresh Issue (Qty)  2.4 Cr
Market Cap ~8548 Cr
EPS  Rs 30.60 
PE Ratio ~18x
Industry PE ~43x

 

Chemplast Sanmar IPO issue size is 3850 Cr

Issue Amount
Fresh Issue 1300 Cr
Offer For Sale 2550 Cr

 

An Individual can apply for a minimum 1 lot of 27 shares and a maximum of 13 lots of 351 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 27 Rs 14,607 
 Maximum 13 351 Rs 1,89,891

 

Chemplast Sanmar IPO is subscribed 2.17 times till 12th August. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription 
Qualified Institutional Minimum 75% 2.70 Times
Non-Institutional Maximum 15% 1.03 Times
Retail Individual Maximum 10% 2.29 Times
Total   2.17 Times

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Chemplast Sanmar IPO:

Schedule Date
Basis of Allotment 18 August 2021
Refunds 20 August 2021
Credit to Demat Account 23 August 2021
IPO Listing Date 24 August 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Chemplast Sanmar IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1259.31 1288.74 2012.15 2196.67 1655.58
Total Expenditure 945.33 897.59 1384.61 1890.89 1714.03
Operating Profit 313.97 391.14 627.54 305.78 -58.45
Other Income 7.85 5.81 32.66 25.75 41.71
Interest 95.42 253.67 135.75 22.64 32.7
Depreciation 87.42 87.72 90.82 92.4 106.73
Exceptional Items 0 -15.68 0 -49.8 0
Profit Before Tax 138.99 39.89 433.63 166.69 -156.17
Provision for Tax 40.25 -3.74 54.15 21.12 -52.3
Net Profit 98.74 43.63 379.48 145.57 -103.87
Adjusted EPS (Rs.) 0.74 0.33 2.4 0.92 -0.66

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 67.04 67.04 79.06 79.06 79.06
Total Reserves 1909.68 1953.64 3718.18 3864.66 3761.2
Borrowings 1206.68 1183.65 0 203.97 499.31
Other N/C liabilities 595.05 582.33 612.16 583.5 528.37
Current liabilities 427.78 497.26 544.38 763.02 962.32
Total Liabilities 4206.23 4283.91 4953.78 5494.21 5830.26
Assets
Net Block 2174.75 2103.04 2232.71 2199.9 2929.31
Capital WIP 8.38 25.01 27.21 387.84 185.65
Intangible WIP 0 0 0 0 0
Investments 1555.7 1555.72 1555.72 1555.72 1555.72
Loans & Advances 22.21 21.74 36.51 66.4 48
Other N/C Assets 2.55 22.71 5.11 4.24 4.03
Current Assets 442.64 555.68 1096.52 1280.11 1107.55
Total Assets 4206.23 4283.91 4953.78 5494.21 5830.26
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 25.8 4.18 5.06 4.2 4.83
Profit Before Tax -10.44 -43.35 -58.81 -3.85 -34.29
Tax -24.17 16.56 -29.1 -1.11 -26.42
Profit After Tax 13.73 -59.91 -29.71 -2.74 -7.87
Adjusted EPS (Rs) 0.87 -3.79 -1.88 -0.17 -0.5

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 54.99 0
Jun 2024 54.99 0
Mar 2024 54.99 0
Dec 2023 54.99 0
Sep 2023 54.99 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 138.99 55.57 433.63 166.69 -156.17
Adjustment 179.32 323.87 194.3 141.67 95.88
Changes in Assets & Liabilities -113.6 42.07 -122.82 10.12 -28.79
Tax Paid -38.65 -10.43 -75.14 -47.89 -8.9
Operating Cash Flow 166.07 411.08 429.97 270.59 -97.98
Investing Cash Flow -437.67 -79.58 -50.83 -286.25 -537.18
Financing Cash Flow 298.11 -332.84 -95.89 170.64 405.64
Net Cash Flow 26.5 -1.33 283.25 154.98 -229.52
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