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Open
12 Mar 2021
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Close
16 Mar 2021
3
Allotment
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Listing
Wed, Mar 24, 2021
Price Band
₹553 to ₹555
Issue Size
1,37,15,495 shares (agg. up to ₹760 Cr)
Lot Size
27 Shares
Listing Date
Wed, Mar 24, 2021
Latest GMP
₹60
Est. Gain
10.81%
✦ AI Insight
GMP Trend
24-03-2021₹60Est. ₹615+10.81%
23-03-2021₹72Est. ₹627+12.97%
22-03-2021₹88Est. ₹643+15.86%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 31.00x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 1,919.22 | 1,664.07 | 1,322.50 | 1,001.21 |
| Total Income | 563.16 | 539.39 | 520.96 | 349.18 |
| Profit After Tax | 48.09 | 52.98 | 50.21 | 40.34 |
| EBITDA | 130.76 | 134.90 | 92.17 | 74.51 |
| NET Worth | 824.52 | 593.72 | 507.11 | 457.64 |
| Reserves and Surplus | 738.31 | 543.72 | 457.11 | 407.64 |
| Total Borrowing | 841.98 | 818.02 | 669.75 | 434.90 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Chemcon Speciality Chemicals Ltd. | Mainboard | ₹318.00 Cr | ₹340 | null | ₹584.80 | +72.00% | ₹184.25 (+0.65%) |
| Rossari Biotech Ltd. | Mainboard | ₹496.25 Cr | ₹425 | 33.81 | ₹741.65 | +74.51% | ₹541.55 (+1.62%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment of certain indebtedness availed by our Company (including accrued interest) | 563.70 |
| 2 | General corporate purposes | 156.00 |
About Anupam Rasayan IPO
Incorporated in 1984, Anupam Rasayan is one of the leading companies engaged in the cotton synthesis and manufacturing of specialty chemicals in India. The business has 2 verticals; 1. Life Science related specialty chemicals that are used in agrochemicals, personal care, and pharmaceutical sector and 2. other specialty chemicals i.e. pigment & dyes, polymer additives, etc. The company has a strong long-term relationship with many multinational companies like Syngenta Asia Pacific Pte Ltd, Sumitomo Chemical Company Ltd, and UPL Limited to expand geographical reach across countries like United States, Europe, Japan, and India. It has 6 manufacturing facilities out of which 4 are situated at Sachin and 2 are located at Jhagadia with an aggregated installed capacity of 23,438 MT. Competitive strengths Diversified customer base across geographies and industries. In-house R&D team to foster product innovation. Diversified and customized product portfolio. Strategically located manufacturing facilities. Consistent financial performance track record. + Read More
Contact Details
Anupam Rasayan India Ltd. Address8110, GIDC Industrial EstateGIDC SachinSurat, Gujarat, 394230(+91 261) 239 8991investors@anupamrasayan.comVisit Website