Archean Chemical Industries Limited IPO Closed
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About Archean Chemical Industries Limited
Archean Chemical Industries Limited is a leading specialty marine chemical manufacturer focusing on the production and export of bromine, industrial salt, and sulphate of potash to 13 countries.
It was the largest exporter of bromine and industrial salt by volume from India in Fiscal 2021 and is the only manufacturer of sulphate potash in India.
As of June 30, 2022, their manufacturing facility in Hajipur, Gujarat had an installed capacity of 28,500 MT per annum of bromine, 3,000,000 MT per annum of industrial salt, and 130,000 MT per annum of sulphate of potash.
Contribution of products to revenue
| Fiscal | Bromine | Industrial Salt | Sulphate of Potash |
| 20 | 35.43% | 57.88% | 6.55% |
| 21 | 46.49% | 49.10% | 4.39% |
| 22 | 53.54% | 45.37% | 1.01% |
Financial Snapshot
| Period Ended | Revenue (₹ Crores) | EBITDA (₹ Crores) | PAT (₹ Crores) | ROCE | EPS (₹) |
| June 30, 2022 | 400.27 | 169.61 | 84.41 | 11.71% | 8.17 |
| March 31, 2022 | 1130.44 | 479.54 | 188.58 | 34.62% | 18.26 |
| March 31, 2021 | 740.76 | 276.25 | 66.61 | 21.01% | 6.45 |
| March 31, 2020 | 608.17 | 156.83 | 36.22 | 11.24% | 3.51 |
IPO Schedule
| Issue Period | 9th November to 11th November 2022 |
| Finalization of Allotment | 16th November 2022 |
| Initiation of Refunds | 17th November 2022 |
| Credit of Shares | 18th November 2022 |
| Date of Listing | 21st November 2022 |
| Mandate end date | 26th November 2022 |
| Anchor Investors Lock-In End Date | 11th December 2022 |
How do I apply to the Archean Chemical Industries Limited IPO?
You can apply for the Archean Chemical Industries Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Archean Chemical Industries Limited IPO?
You can check the allotment status for the Archean Chemical Industries Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.