Anupam Rasayan Incorporated in 1984 and is one of the leading companies engaged in the cotton synthesis and manufacturing of specialty chemicals in India. The business has 2 verticals first is Life Science related specialty chemicals and second is other specialty chemicals.
The company has a strong long-term relationship with many multinational companies. Syngenta Asia Pacific Pte Ltd, Sumitomo Chemical Company Ltd, and UPL Limited to expand geographical reach across countries like United States, Europe, Japan, and India.
It has 6 manufacturing facilities out of which 4 are situated at Sachin and 2 are located at Jhagadia with an aggregated installed capacity of 23,438 MT.
Strength and Key Features
- Diversified customer base across geographies and industries.
- In-house R&D team to foster product innovation.
- Diversified and customized product portfolio.
- Strategically located manufacturing facilities.
- Consistent financial performance track record.
IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹553 to ₹555 per equity share |
| Market Lot | 27 Shares |
| Listing At | NSE, BSE |
| BSE Code | 543275 |
| NSE Symbol | ANURAS |
| ISIN Code | ANURAS |
| Issue Size | 13,693,694 Eq Shares of ₹10 (aggregating up to ₹760.00 Cr) |
IPO Time Table
| IPO Opening Date | 12 March 2021 |
| IPO Closing Date | 16 March 2021 |
| Basis of Allotment Date | 19 March 2021 |
| IPO Listing Date | 24 March 2021 |
IPO Lot Size & Application Amount Details
| Applicaton | Lot | Shares | Amount |
| Minimum | 1 | 27 | Rs. 14985 |
| Maximum | 13 | 351 | Rs. 194805 |
Company Financial Details
| Particulars | 31 Dec 2020 | 31 Mar 2020 | 31 March 2019 | 31 March 2018 |
| Total Assets | 19,192.15 | 16,640.68 | 13,225.03 | 10,012.09 |
| Total Revenue | 5,631.61 | 5,393.87 | 5,209.61 | 3,491.82 |
| Profit After Tax | 480.94 | 529.75 | 502.09 | 403.41 |
Promotors of Company
Mr. Anand S Desai, Dr. Kiran C Patel, Ms. Mona A Desai, Kiran Pallavi Investments LLC, and Rehash Industrial and Resins Chemicals Private Limited are the company promoters.
Issue Objects
- To make prepayment/repayment of company’s indebtedness including accrued interest.
- To meet general corporate purposes.
IPO Registrar and Company Information
| KFintech Private Limited Selenium Building, Tower-B, Plot No 31 & 32, Financial District,Nanakramguda, Serilingampally, Rangareddi, Telangana India – 500 032. Phone: 1-800-3454001 Email: anupamrasayan.ipo@kfintech.com Website: https://karisma.kfintech.com/ | Anupam Rasayan India Limited 8110, GIDC Industrial Estate, Sachin, Surat 394 230 Phone: (+91 261) 239 8991 Email: investors@anupamrasayan.com Website: http://www.anupamrasayan.com/ |
