The details about the Archean Chemical Industries Ltd IPO is as:
- The issue size of the IPO is 1462.31 Cr.
- The price band for Archean Chemical Industries IPO is Rs 386 to Rs 407.
- The shares of Archean Chemical Industries IPO will list on 21st November 2022.
- The latest tentative GMP of Archean Chemical Industries IPO is Rs 120.
- The shares of Archean Chemical Industries IPO is subscribed 32.23 Times as of 11th November 2022.
Archean Chemical Industries Ltd IPO Valuation
The approx valuation of Archean Chemical Industries Ltd IPO based on its price band and RHP/DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 407 |
| Existing Shares (Qty) |
10.32 Cr |
| Fresh Issue (Amount) |
805 Cr |
| Market Cap |
5005.24 Cr |
| EPS (FY22) |
Rs 18.26 |
| PE Ratio |
22.28x |
| Industry PE |
38x |
Archean Chemical Industries Ltd IPO Issue Size
Archean Chemical Industries Ltd IPO issue size is 1462.31 Cr.
| Issue |
Amount |
| Fresh Issue |
805 Cr |
| Offer For Sale |
657.31 Cr |
Archean Chemical Industries IPO Market Lot
An Individual can apply for a minimum 1 lot of 36 shares and a maximum of 13 lots of 468 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
36 |
Rs 14,652 |
| Maximum |
13 |
468 |
Rs 1,90,476 |
Archean Chemical Industries IPO Offer
The shares of Archean Chemical Industries IPO is subscribed 32.23 Times as of 11th November 2022. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Minimum 75% |
48.91 Times |
| Non-Institutional |
Maximum 15% |
14.90 Times |
| Retail Individual |
Maximum 10% |
9.96 Times |
| Total |
|
32.23 Times |
Archean Chemical Industries IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 14 November 2022 |
Rs 98 |
| 15 November 2022 |
Rs 82 |
| 16 November 2022 |
Rs 82 |
| 17 November 2022 |
Rs 90 |
| 18 November 2022 |
Rs 110 |
| 19 November 2022 |
Rs 120 |
It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Find below the dates for Archean Chemical Industries Ltd IPO:
| Schedule |
Date |
| Basis of Allotment |
16 November 2022 |
| Refunds |
17 November 2022 |
| Credit to Demat Account |
18 November 2022 |
| IPO Listing Date |
21 November 2022 |
Check allotment status