Anupam Rasayan India Limited IPO (Anupam Rasayan IPO) Detail : Issue size, price band, grey market premium and more
About Anupam Rasayan India Ltd IPO
Having commenced business as a partnership firm in 1984 as a manufacturer of conventional products, Anupam Rasayan India (ARIL) has evolved over the years into custom synthesis and manufacturing of life science related specialty chemicals and other specialty chemicals, which involve multi-step synthesis and complex technologies, for Indian and global customers. It has two distinct verticals, life science related specialty chemicals (95.37 % for revenue from operations for FY20) comprising products related to agrochemicals, personal care and pharmaceuticals and other specialty chemicals. ARIL has developed strong and long-term relationships with various multinational corporations (MNCs), including, Syngenta Asia Pacific Pte. Ltd., Sumitomo Chemical Co. Ltd. and UPL Ltd. that has helped them expand their product offerings, processes and geographic reach across Europe, Japan, United States and India. Backed by strong R&D capabilities, ARIL has expanded its commercialized product portfolio from 25 products in FY18 to 34 products in FY20 and 41 products in the 9MFY21. As of December 31, 2020, ARIL has six multi-purpose manufacturing facilities in Gujarat, India with an aggregate installed capacity of 23,438MT. Revenue from operations from exports in FY20 and 9MFY21 accounted for 68.05% and 61.38%, of total revenue from operations, respectively.
Anupam Rasayan IPO:
Anupam Rasayan, established in 1984, is one of the leading companies engaged in the custom synthesis and manufacturing of speciality chemicals in India. Anupam Rasayan listing will happen on BSE & NSE. The issue opens on 12 Mar 2021 and closes Date 16 Mar 2021. The Price Band is Rs 553-Rs 555 and the Market Lot size is if 27 shares and the multiple thereof. The Issue Size is Rs760 cr and Total no of shares offered are 13,693,693.
Anupam Rasayan India Ltd IPO Subscription Details
Company
Anupam Rasayan India Ltd
Issue Type
Book Building
Issue Size (In ` Crore)
₹760.00 Cr
Lot Size
27 equity shares
Open Date
12 March, 2021
Close Date
16 March, 2021
Offer Price
₹553 to ₹555 per equity share
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