Issue Open Date
|
09-Nov-22
|
Issue Closing Date
|
11-Nov-22
|
Application Money
|
100
|
Allotment Money
|
|
|
Price Band (Rs.)
|
386-407
|
Minimum Bid Quantity.
|
36
|
Issue Size (Shares)
|
35928869
|
Market Lot
|
1
|
|
|
Objective :
|
1. Redemption or earlier redemption, in part or full, of NCDs issued by our Company.2. General corporate purposes.
|
|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved
|
Bid For
|
|
Non-Institutional Investors
|
5550738
|
82721196
|
14.9
|
Qualified Institutional Buyers
|
10706095
|
523590840
|
48.91
|
Retail Individual Investors
|
10706095
|
523590840
|
48.91
|
|
|
|
Business Description
We are a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. (Source: Company Commissioned F&S Report, January 2022). According to Frost
|
|
Promoter's Holding
|
Total Share Capital
|
103274120
|
Offered to Public
|
35928869
|
Promoter's Holding (Pre-Issue)
|
100
|
Promoter's Holding (Post-Issue)
|
53.6
|
|
More..
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Address
|
No. 2 North Crescent Road T Nagar
Chennai
,
Tamil Nadu
,
600017
Phone :
044-61099999
Email :
info@archeanchemicals.com
Website :
www.archeanchemicals.com
|
|
Registrar
|
Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
|
Listed at
|
BSE, NSE
|
|
Lead Manager
|
ICICI Securities Ltd IIFL Securities Ltd. JM Financial Ltd.
|
|
Promoters
|
Chemikas Speciality LLP Ranjit Pendurthi Ravi Pendurthi
|
|