Anupam Rasayan India was incorporatd on April 1, 1984 . The company has two distinct verticles (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives. The company focuses on custom synthesis and manufacturing operations is developing in-house innovative processes for manufacturing products requiring complex chemistriesand achieving cost optimization.
| Bidding Dates |
|---|
| 12 Mar 2021 - 16 Mar 2021 |
| Subscription |
|---|
| 44.06x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,985 | 1 | 13 | 27 | 13.7 M | ₹553 - ₹555 | 75.8 % | ₹7572.6 M - ₹7600.0 M | RHP DOC |
Anupam Rasayan IPO SUBSCRIPTION STATUS
16 Mar '21Anupam Rasayan IPO overall subscription rate was 44.06 times the total available shares
Anupam Rasayan IPO retail subscription rate was 10.77 times in the retail segment
Anupam Rasayan IPO non-institutional investor subscription rate was 97.42 times in the non-institutional investor category
Anupam Rasayan IPO Qualified Institutional Bidder subscription rate was 65.74 times the available shares for Qualified Institutional Bidder
Anupam Rasayan IPO Employees subscription rate was 1.71 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
16 Mar 2021 (Day 3) | 10.77x | 97.42x | 65.74x | 1.71x |
15 Mar 2021 (Day 2) | 6.6x | 1.39x | 0.37x | 0.93x |
12 Mar 2021 (Day 1) | 2.58x | 0.09x | 0x | 0.3x |
Anupam Rasayan FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 9MFY21 | 480.9 | 5,392.2 | 138.5 | -1,021.0 |
| 9MFY20 | 428.1 | 3,718.1 | 973.1 | -685.8 |
| FY20 | 529.8 | 5,288.8 | 949.4 | -849.9 |
| FY19 | 502.1 | 5,015.0 | 389.2 | -2,092.0 |
| FY18 | 403.4 | 3,414.3 | -202.6 | -2,758.7 |
Anupam Rasayan IPO SUBSCRIPTION STATUS DETAILS
Anupam Rasayan had 13.7 M shares on offer
Anupam Rasayan IPO offer price was in the range ₹553 - ₹555
Anupam Rasayan IPO minimum Investment was ₹14985
Anupam Rasayan IPO issue size was ₹ 7572.6 M - ₹ 7600.0 M
Anupam Rasayan had a minimum lot size of 27 Shares per application
Anupam Rasayan NUMBER OF SHARES ON OFFER
Anupam Rasayan IPO IMPORTANT DATES
| Issue Open Date | 12 Mar 2021 |
| Issue close Date | 16 Mar 2021 |
| Allotment Date | 19 Mar 2021 |
| Refund Date | 22 Mar 2021 |
| Demat Account Credit Date | 23 Mar 2021 |
| Listing Date | 24 Mar 2021 |
| Listing on Exchange(s) | NSE and BSE |
| Anupam Rasayan Allotment Status | Exchange |
Anupam Rasayan IPO subscription opened on 12 Mar 2021, and closed on 16 Mar 2021
IPO allotment for Anupam Rasayan was finalized on Friday, 19 Mar 2021
IPO listing for Anupam Rasayan was on NSE and BSE on Wednesday, 24 Mar 2021
Anupam Rasayan IPO LISTING GAINS
| Issue Price (adjusted) | 555.0 |
| Listing Open Price | 534.7 |
| Listing Close Price | 525.9 |
| Listing Gain% | -3.7% |
| Current Gain% | 118.8% |
Anupam Rasayan Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anupam Rasayan India Ltd. | 1214.6 | 10470.7 | 81.3 | 1 | 5.8 | 5.1 | 2.1 | 2383.6 | 64.6 | 170.1 | 82.2 | 14.9 | 82.2 |
| Pidilite Industries Ltd. | 1660 | 168953.2 | 63.8 | 3 | 11 | 22.6 | 15.9 | 14867 | 11.1 | 2448.9 | 17.9 | 26 | 21.4 |
| SRF Ltd. | 2615 | 77515.1 | 35.9 | 0.7 | 4.6 | 13.1 | 7.6 | 15893.6 | 7.2 | 1835.2 | 46.7 | 72.9 | 51.1 |
| Gujarat Fluorochemicals Ltd. | 4518.1 | 49631.3 | 85.9 | 14.7 | 9.9 | 7.3 | 4.9 | 5038 | 3.8 | 578 | 5.8 | 52.6 | 5.9 |
| Himadri Speciality Chemical Ltd. | 752.6 | 37975.8 | 47.5 | 1.6 | 7.6 | 16 | 11.9 | 4832 | 3.6 | 751.3 | 35.2 | 15.8 | 30 |
| Aether Industries Ltd. | 1591.6 | 21122.5 | 89.8 | 2.6 | 17.3 | 8.9 | 6.8 | 1181.1 | 34.2 | 219.5 | 38.5 | 17.7 | 34 |
Anupam Rasayan IPO Reports
Anupam Rasayan INFORMATION ON IPO ISSUE
About Anupam Rasayan
Anupam Rasayan India was incorporatd on April 1, 1984 . The company has two distinct verticles (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives. The company focuses on custom synthesis and manufacturing operations is developing in-house innovative processes for manufacturing products requiring complex chemistriesand achieving cost optimization.
Object of the Issue
1. To make prepayment/repayment of company's indebtedness including accrued interest.
2. To meet general corporate purposes.
Anupam Rasayan - PROMOTERS
| Name |
|---|
| Anand S Desai |
| Kiran C Patel |
| Mona A Desai, |
| Kiran Pallavi Investments LLC |
| Rehash Industrial and Resins Chemicals |
Anupam Rasayan Book Running Lead Managers
Axis Capital Limited
anupam.ipo@axiscap.in
Ambit Private Limited
anupam.ipo@ambit.co
IIFL Securities Limited
anupam.ipo@iiflcap.com
JM Financial Limited
anupam.ipo@jmfl.com
Anupam Rasayan Registrar to the Offer
KFin Technologies Private Limited
anupamrasayan.ipo@kfintech.com
Anupam Rasayan Strengths
Strategically located manufacturing facilities.
Anupam Rasayan Risks
The company has had negative cash flows from operating activities in the past and a consequent net decrease in cash and cash equivalents in some of the recent years
IPO FAQs
The promoters of the company are Anand S Desai, Kiran C Patel, Mona A Desai,, Kiran Pallavi Investments LLC and Rehash Industrial and Resins Chemicals.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 553.0 - 555.0.
The IPO application opens on Mar 12, 2021 and closes on Mar 16, 2021.
The minimum lot size for the IPO is 27. The maximum lot size for the IPO is 351.
For all category investors, the minimum application amount for this IPO is Rs. 14,985.0, the maximum value for this IPO is Rs 194,805.0.
This IPO will be allotted on Mar 19, 2021.
The refund will be credited to your account on Mar 22, 2021.
The allotted shares will be credited to your demat on Mar 23, 2021.
Anupam Rasayan India Ltd.’s shares listed on the stock exchanges on Mar 24, 2021.