Chemplast Sanmar IPO Date, Price, Details

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Chemplast Sanmar Limited IPO [INITIAL PUBLIC OFFERING] Detail

About the Chemplast Sanmar Limited

The Company was originally incorporated on March 13, 1985 as Urethanes India Limited (“UIL”) under the provisions of Companies Act, 1956, at Chennai, pursuant to a certificate of incorporation dated March 13, 1985 issued by the Registrar of Companies, Tamil Nadu at Chennai (“RoC”) and commenced operations pursuant to a certificate for commencement of business dated April 2, 1985, issued by the RoC. Subsequently, Chemicals and Plastics India Limited (“CPIL”), was amalgamated with UIL pursuant to the CPIL Scheme of Amalgamation (as defined hereinafter) effective October 1, 1991. Thereafter, pursuant to the CPIL Scheme of Amalgamation, a resolution of the Board dated March 10, 1992, and a resolution of the Shareholders dated March 31, 1992, the name was changed from “Urethanes India Limited” to “Chemicals and Plastics India Limited” and a fresh certificate of incorporation was issued upon a change of name by the RoC on May 15, 1992. Subsequently, pursuant to a resolution of the Board dated June 27, 1995 and a resolution of the Shareholders dated September 1, 1995, the name was changed from “Chemicals and Plastics India Limited” to “Chemplast Sanmar Limited” and a fresh certificate of incorporation was issued upon a change of name by the RoC on September 28, 1995.

Chemplat sanmar IPO

CSL is a specialty chemicals manufacturer in India with focus on specialty paste PVC resin and custom
manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals
sectors. CSL is one of India’s leading manufacturers of specialty paste PVC resin on the basis of installed
production capacity, as of December 31, 2020.
In addition, CSL is also the third largest manufacturer of caustic
soda and the largest manufacturer of hydrogen peroxide in the South India region, on the basis of installed
production capacity as of December 31, 2020 and one of the oldest manufacturers in the chloromethanes market
in India. (Source: CRISIL Report)
Pursuant to the CCVL Acquisition, we acquired 100.0% equity interest in
CCVL that is the second largest manufacturer of suspension PVC resin in India and the largest manufacturer in
the South India region, on the basis of installed production capacity as of December 31, 2020 (Source: CRISIL
Report).

Four manufacturing facilities, of which three are located in Tamil Nadu at Mettur (“Mettur Facility”), Berigai (“Berigai Facility”) and Cuddalore (“Cuddalore Facility”), and one is located in Puducherry at Karaikal (“Karaikal Facility”).

Registered and Corporate Office: 9, Cathedral Road, Chennai, 600086, Tamil Nadu, India Tel: + (91) 44 28128500

Contact Person: M Raman, Company Secretary and Compliance Officer; Tel: + (91) 44 28128722

E-mail: grd@sanmargroup.com; Website: www.chemplastsanmar.com;

Corporate Identity Number: U24230TN1985PLC011637


Company Promoters

SANMAR HOLDINGS LIMITED


Company Financials

Summary of Restated Consolidated Financial Information

For the year/period ended ( ₹ in Million)

Particulars
 31-Mar-2131-Mar-2031-Mar-19
Total Revenue38,151.0812,655.1012,667.74
Profit After Tax4,102.44461.251,184.64
Total Asset44,860.9341,075.4038,015.63


Chemplast Sanmar Limited – IPO Details

IPO Details

Issue Open Date10 Aug 2021
Issue Close Date12 Aug 2021
Issue TypeBook Built
Face Value₹ 5 per equity share
IPO/Issue Price ₹ 530 to ₹ 541 per equity share
Market Lot27 Shares
Min Order Quantity27 Shares
Listing AtBSE, NSE

IPO/ Issue Time Line [Tentative]

10th Aug 2021

Issue Open Date

Issue Close Date

12th Aug 2021
18th Aug 2021

Basis of Allotment Date

Initiation of Refunds

20th Aug 2021
23th Aug 2021

Credit of Shares to Demat Account

IPO Listing Date

24th Aug 2021

Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:

1. Early redemption of NCDs issued by our Company, in full (“NCD Redemption”); and

2. General corporate purposes.


Chemplast Sanmar – IPO Prospectus


Chemplast Sanmar Limited IPO FAQs

When the Chemplast Sanmar Limited IPO will Open?

The  Chemplast Sanmar Limited IPO opens on 10th Aug 2021.

When the Chemplast Sanmar Limited IPO will close?

The  Chemplast Sanmar Limited IPO close on 12th Aug 2021.

What is the lot size of Chemplast Sanmar Limited IPO?.

Chemplast Sanmar Limited IPO lot size is 27 Shares and the minimum order quantity is 27 Shares

What is the Issue Price (per equity share) of the IPO?

The issue price of the IPO ranges from ₹ 530 to ₹ 541 per equity share.

IPO Rating

Rating: 3.5 out of 5.
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