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Open
9 Nov 2022
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Close
11 Nov 2022
3
Allotment
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Listing
Mon, Nov 21, 2022
Price Band
₹386 to ₹407
Issue Size
3,59,28,869 shares (agg. up to ₹1,462 Cr)
Lot Size
36 Shares
Listing Date
Mon, Nov 21, 2022
Latest GMP
₹127
Est. Gain
31.2%
✦ AI Insight
GMP Trend
21-11-2022₹127Est. ₹534+31.2%
20-11-2022₹125Est. ₹532+30.71%
19-11-2022₹118Est. ₹525+28.99%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 18.34x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,606.65 | 1,529.68 | 1,428.60 | 1,260.51 |
| Total Income | 408.82 | 1,142.83 | 617.00 | 572.91 |
| Profit After Tax | 84.41 | 188.58 | -36.24 | 39.97 |
| NET Worth | 345.44 | 261.07 | 5.97 | 42.37 |
| Reserves and Surplus | 0.00 | 0.00 | ||
| Total Borrowing | 915.58 | 921.87 | 929.26 | 772.02 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aether Industries Ltd. | Mainboard | ₹808.04 Cr | ₹642 | 72.3 | ₹774.40 | +20.62% | ₹1,642.90 |
| HP Adhesives Ltd. | Mainboard | ₹125.96 Cr | ₹274 | null | ₹330.75 | +20.71% | ₹35.42 |
| Rite Zone Chemcon India Ltd. | SME | ₹8.96 Cr | ₹75 | 90.36 | ₹86.95 | +15.93% | ₹22.50 |
| Vital Chemtech Ltd. | SME | ₹64.64 Cr | ₹101 | 14.94 | ₹163.10 | +61.49% | ₹55.40 |
| Bhatia Colour Chem Ltd. | SME | ₹40.00 Cr | ₹80 | 166 | ₹42.00 | -47.50% | ₹30.48 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Redemption or earlier redemption, in part or full, of NCDs issued by the Company | 805.00 |
| 2 | General corporate purposes | 35.03 |
About Archean Chemical Industries IPO
Updated on Aug 5, 2026
Contact Details
Archean Chemical Industries Ltd. AddressNo.2, North Crescent RoadT NagarChennai, Tamil Nadu, 600017+91 44 6109 9999info@archeanchemicals.comVisit Website