Anupam Rasayan IPO is one of the leading companies engaged in the cotton synthesis and manufacturing of specialty chemicals in India and is all set to make a debut in the stock market with an issue size of 760 Cr.
Anupam Rasayan India IPO –Overview
| Anupam Rasayan India IPO Issue Date | 12-16 March 2021 |
| Anupam Rasayan India IPO Opening Date | 12 March 2021 |
| Anupam Rasayan India IPO Face Value | INR 5 per share |
| Anupam Rasayan India IPO Price | INR 1490 per share |
| Anupam Rasayan India IPO Lot Size | 27 Shares |
| Issue Size | 760 Cr |
| Offer for sale | – |
| Issue Type | Book built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | 65.74 times |
| NII (HNI) Shares | 97.42 times |
| 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. |
Anupam Rasayan India IPO Limited IPO-Tentative Dates
| Anupam Rasayan India IPO opening date | 12 March 2021 |
| Anupam Rasayan India IPO closing date | 16 March 2021 |
| Basis of Allotment | 19 March 2021 |
| Initiation of Refunds | 22 March 2021 |
| The credit of Shares to Demat | 23 March 2021 |
| Anupam Rasayan India IPO Listing Date | 24 March 2021 |
Anupam Rasayan India IPO – Industry Overview.
Specialty chemicals are low-volume and high-value products that are sold based on their quality or utility, rather than composition. Thus, they may be used primarily as additives or to provide a specific attribute to the end product. Specialty chemicals are more likely to be prepared and processed in batches. The focus is on value addition to the product and the properties or technical specifications of the chemical. Rapid industrialization in India and China is expected to drive demand for specialty chemicals. The Asia-Pacific region dominates the market across the world with a share of 44% to the large customer base, leading to high demand for specialty chemicals, increasing industrial production, and robust growth of the construction sector in the region.
The Asia-Pacific region is followed by Europe and North America. Out of the total international chemical industry, the global specialty chemicals industry only constituted approximately 12% in Fiscal 2018 and is expected to grow at a CAGR of approximately 13% from Fiscal 2018 to Fiscal 2025.
Anupam Rasayan India IPO – Company Overview
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.
Anupam Rasayan India IPO -Objectives
- To make repayment/pre-payment of company’s borrowing fully or partially.
- To meet general corporate purposes.
Anupam Rasayan India IPO – Financial Statements
| Particulars | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 19,192.15 | 16,640.68 | 13,225.03 |
| Total Revenue | 5,631.61 | 5,393.87 | 5,209.61 |
| Profit After Tax | 480.94 | 529.75 | 502.09 |
Anupam Rasayan India IPO – 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.
Anupam Rasayan India IPO- Weakness
- Anupam Rasayan faces competition from both domestic and multinational corporations.
- The company needs to constantly develop new products to remain competitive.
Company Contact Information
Anupam Rasayan India Limited
Senthel Towers, 4 th Floor, 1078,
Avanashi Road, Coimbatore 641 018
Phone: (91 422) 302 1000
Email: investor@craftsmanautomation.com
Website: http://www.craftsmanautomation.com/
Anupam Rasayan India IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: craftsman.ipo@linkintime.co.in
Website: https://linkintime.co.in/
