Archean Chemical IPO GMP Today, Reviews, Lot Size, Share Price

Archean Chemical IPO GMP Today, Reviews, Lot Size, and Share Price can be checked from this page with a complete analysis. The firm is a maker of specialized marine chemicals. Its primary activities are the production and distribution of bromine, industrial salt, and sulfate of potash to clients in different parts of the globe.

It has one of the lowest production costs in the world for both bromine and industrial salt, and it is India’s top exporter of bromine and industrial salt in the current fiscal year (2021). The brine deposits in the Rann of Kutch, situated on the Gujarat coast, are used in the company’s goods production, manufactured at the plant near Hajipir in Gujarat.

Archean Chemical Industries sells its goods to a total of 24 local clients and 18 customers located in other countries across the world. The firm exported 2.7 million MT worth of industrial salt during the Fiscal Year 2021, making it the top exporter of industrial salt in India.

Archean Chemical Industries Limited is India’s primary supplier of bromine to international markets. Sulfate potash gets solely produced by this one firm in the whole country of India. In India and elsewhere in the world, the vast majority of the marine chemicals business this firm does is transacted on a business-to-business basis.

On the northern side of the Rann of Kutch, brine deposits are where the firm-integrated exhibition facility for bromine, industrial salt, and sulphate of potash activities is situated. This plant is found in Hajipir, Gujarat. The Grey Market Premium, also known as the IPO GMP, for Archean Chemical IPO GMP Today is at 70.

As a maker and exporter of specialized chemicals, ACIL has carved out a unique market position. It has yielded benefits for its ongoing downstream developments, which have strengthened margins. These expansions have been taking place.

The issue seems to get priced appropriately, considering its results for FY23. For medium to long-term returns, investors can consider investing in this blue-chip company in the offing if they anticipate continued demand for shares of specialty chemical companies.

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The minimum market lot required to apply for an Archean Chemical IPO is one lot, which consists of 36 shares and costs 14,652 yen. Retail investors are allowed to submit up to 13 lots totaling 468 shares or a total value of 190476.

The IPO of Archean Chemical will consist of a total of 35,928,992 shares, of which there will be 19,778,870 available for fresh issuance and 16,150,000 available for an offer for sale Shares.

Archean Chemical IPO GMP Today

Archean Chemical IPO accepts applications in one of two methods. You can apply for the Archean Chemical IPO through the ASBA, which is accessible through your bank account. There will need to apply via your bank account by logging into your online bank, then navigating to the Invest part of the menu and selecting Archean Chemical IPO from the drop-down menu.

You can also submit your application for Archean Chemical’s IPO by downloading the IPO form from the websites of NSE and BSE. View the Archean Chemical Initial Public Offering Form here – You can get the NSE Form and the BSE Form from their respective websites, fill them out and then hand them into your bank or broker.

If you have queries related to Archean Chemical IPO GMP Today, please ask them by comment area.

When is the Archean Chemical initial public offering allotment?

On November 16th, 2022, the Basis of Allotment for Archean Chemical’s IPO will get finalized. On November 18th, 2022, the assigned shares will be deposited to the Demat account.

Where Can I Find Archean Chemical IPO GMP Today Information?

As of this now, the Archean Chemical IPO GMP stands at 70.

What are the Expected Returns from the Archean Chemical IPO?

The anticipated return on investment for the Archean Chemical IPO is 15%.

When is the IPO listing for Archean Chemical?

The date when Archean Chemical will begin trading on the IPO market has not yet got disclosed. The IPO listing for Archean Chemical will take place on November 21st, 2022.

The post Archean Chemical IPO GMP Today, Reviews, Lot Size, Share Price appeared first on PurnEA University.

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