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Anupam Rasayan India Limited IPO Detail

Anupam Rasayan India Limited IPO Detail

Incorporated in 1984, Anupam Rasayan is one of the leading companies engaged in the cotton synthesis and manufacturing of specialty chemicals in India. The business has 2 verticals; 1. Life Science related specialty chemicals that are used in agrochemicals, personal care, and pharmaceutical sector and 2. other specialty chemicals i.e. pigment & dyes, polymer additives, etc.

The company has a strong long-term relationship with many multinational companies like 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.

Competitive strengths

  • 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.

Company Promoters

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.

IPO Details

IPO Opening DateMar 12, 2021
IPO Closing DateMar 16, 2021
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price ₹553 - 555 per equity share
Market Lot27 Shares
Min Order Quantity27 Shares
Listing AtBSE, NSE
Issue Size₹760 Cr
Fresh Issue-
Offer for Sale-
Retail Portion -

IPO Tentative Timetable

The Anupam Rasayan India Limited IPO open date is Mar 12, 2021, and the close date is Mar 16, 2021. The issue may list on Mar 24, 2021.

IPO Open DateMar 12, 2021
IPO Close DateMar 16, 2021
Basis of Allotment DateMar 19, 2021
Initiation of RefundsMar 22, 2021
Credit of Shares to Demat AccountMar 23, 2021
IPO Listing DateMar 24, 2021

IPO Lot Size

The Anupam Rasayan India Limited IPO market lot size is 27 shares. A retail-individual investor can apply for up to 13 lots (351 shares or ₹194805).

ApplicationLotsSharesAmount (Cut-off)

IPO Promoter Holding

Pre Issue Share Holding75.80%
Post Issue Share Holding65.40%

Company Financials:

For the year/period ended (₹ in Crs)

Financial Year Total Assets Total Revenue Profit After Tax
30-Sep-20 19,192.15 5,631.61 480.94
31-Mar-20 16,640.68 5,393.87 529.75
31-Mar-19 13,225.03 5,209.61 502.09
31-Mar-18 10,012.09 3,491.82 403.41

Objects of the Issue:

The net proceeds from the IPO will be utilized towards the following purposes:

  • To make prepayment/repayment of company's indebtedness including accrued interest.
  • To meet general corporate purposes.