Archean Chemical Industries Limited is a leading specialty chemicals manufacturing company based in India with a wide presence in the global markets.
We are the first of its kind integrated plant in India to produce Industrial Salt, Bromine and Sulfate of Potash.
Reliably delivering quality products has been our mission since our inception. We are trusted partners of numerous global customers. Our continuous commitment to excellence has helped build our reputation as one of the best in the industry.
It is also very important to us that we are a ‘Green Organization’ from start to finish. The processes we use to convert the brine from the Arabian sea into our core products cause minimal environmental harm. We strive to identify and eliminate sources of environmental damage to achieve our goal of being as Green as possible.
Archean Chemical Industries Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 09 Nov 2022 |
| IPO Close Date | 11 Nov 2022 |
| Allotment Date | 17 Nov 2022 |
| IPO Listing Date | 21 Nov 2022 |
Archean Chemical Industries Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 2 Per Equity Share |
| IPO Price | Rs. 386 to Rs. 407 Per Equity Share |
| Market Lot | 36 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 1462 Crore. |
Archean Chemical Industries Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 36 | Rs. 14652 |
| Maximum | 13 | 468 | Rs. 190476 |
| Small HNI (Minimum) | 14 | 504 | Rs. 205128 |
| Big HNI (Minimum) | 69 | 2484 | Rs. 1010988 |
Archean Chemical Industries Limited IPO Allotment Status
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Company Financials:
| Particular | 31 March 2022 | 31 March 2021 | 31 March 2020 |
| Total Assets | 1529.68 | 1428.60 | |
| Total Revenue | 1142.83 | 617 | |
| Profit After Tax | 188.58 | -36.24 |
Company Promoters:
Chemikas Speciality LLP, Ravi Pendurthi and Ranjit Pendurthi are the company promoters.
Purpose of the Issue
- Redemption, in part or full of NCDs issued by the Company.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Archean Chemical Industries Limited No. 2, North Crescent Road, T Nagar, Chennai 600 017 Tamil Nadu, India Phone: +91 44 6109 9999 Email: info@archeanchemicals.com Website: https://www.archeanchemicals.com/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: archean.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
