Anupam Rasayan IPO @ Chanakyanipothi.com , India`s Oldest & most Trusted Investment Blog.Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 21 Years

Anupam Rasayan Listing : It is utter shock that  such sound IPO which received strong response from the investors, listed at discount. The scrip on 24 March 2021 listed at Rs. 520 ( allotment price Rs. 555) and during the session, never crossed issue price. The day high was Rs. 549 and at the  close of the session, the scrip was at Rs. 518.50 on NSE.If you can retain the scrip, do hold. Donot sell at such low valuation.

Anupam Rasayan Listing Price Estimate @
https://chanakyanipothi.com/category/ipo-listing-estimates/

Anupam Rasayan GMP news Today #

On 24 March 2021
Grey Market Premium Rs. 70
Do study Grey MarketPast trend given at  Page bottom 

Anupam Rasayan IPO Subscription
D3,As on 16.03.2021 @ 5.00 pm
QIB: 2709259 Shares : 65.74 T
NII:  2031765 Shares : 97.42 T
RII:  4740785 Shares : 10.73 T
Tot: 9701809 Shares: 44.04T

Anupam Rasayan Company Details
Anupam Rasayan isone of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India .Its key focus in its custom synthesis and manufacturing operations is developing in-house innovative processes for manufacturing products requiring complex chemistries and achieving cost optimization.

It has two distinct business verticals (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives. In Fiscal 2020 and in the six months ended September 30, 2020, revenues from its life science related specialty chemicals vertical accounted for 95.37% and 92.48%, respectively, of its revenue from operations, while revenue from other specialty chemicals accounted for 4.63% and 7.52%, respectively, of its revenue from operations, in such periods.
According to the F&S Report, there exist significant entry barriers in the custom synthesis and manufacturing industry including customer validation and approvals, high quality standards, stringent specifications, and expectation from customers for process innovation and cost reduction. Further, the acquisition of a customer is a long process since the end-customer is required to register the manufacturer with the regulatory bodies as a supplier of intermediate products or active ingredients (Source: F&S Report).

Anupam Rasayan has developed strong and long-term relationships with various multinational corporations, including, Syngenta Asia Pacific Pte. Ltd., Sumitomo Chemical Company Limited and UPL Limited
Further, it has a dedicated in-house R&D facility and a pilot plant located at Sachin Unit – 6,
Its R&D team has successfully carried out multi-step synthesis and scale-up for several new molecules in the area of life sciences related specialty chemicals and other specialty chemicals

The strengths of the company:
* Strong and long-term relationships with diversified customers across geographies with significant entry barriers;
* Core focus on process innovation through consistent R&D, value engineering and complex chemistries;
* Diversified and customized product portfolio with a strong supply chain;
* Automated manufacturing facilities with strong focus on environment, sustainability, health and safety measures;
* Consistent track record of financial performance; and
* Experienced promoters and strong management team.
For more study : www.anupamrasayan.com

The promoters of Anupam Rasayan India Limited
Mr. Anand S. Desai
Dr Kiran C. Patel
Ms. Mona A. Desai
Kiran Pallavi Investments LLC &
Rehash Industrial & Resins Chemicals Pvt ltd

Anupam Rasayan India Limited IPO Main Objects
The Offer is of  Fresh Issue. The Company proposes to utilise the Net Proceeds towards  Repayment/prepayment of certain indebtedness availed by the Company

Anupam Rasayan IPO Details
IPO Opens on : 12 March 2021
IPO Closes on : 16 March 2021
Issue Type: Book Built Issue IPO
Issue :
Fresh Issue Up to 13693693 Equity Shares aggregating to Rs 760 Cr
Face Value per share : Rs. 10
Anupam Rasayan IPO Price Band Per Equity Share: Rs. 553-555
Anupam Rasayan IPO Lot Size 27 Shares
Anupam Rasayan Listing will at BSE,NSE

Shares offered to
QIB(50%) 6736846 Shares = Rs 373.89Crs
NII (15%) 2021054 Shares = Rs 112.16 Crs
RII (35%) 4715793 Shares = Rs 261.73 Crs
Lot size: 27 = 174659 Forms

Anupam Rasayan IPO Tentative timeTable
Anupam Rasayan IPO Allotment on 19 March 2021
Unblocking of ASBA 22 March 2021
Credit to Demat Accounts 23 March 2021
Anupam Rasayan IPOListing on 24 March 2021

Anupam Rasayan IPO Ltd Financial Details :
Earnings per Share 2017-18 Rs 6.59
Earnings per Share 2018-19 Rs 6.60
Earnings per Share 2019-20 Rs 6.94
Earnings per Share 2020-21,6M Rs 3.39
Book Value of the Share as on 30.09.2020 Rs 83.06
Return on Net Worth: 17-18 11.78 %
Return on Net Worth: 18-19 10.21 %
Return on Net Worth: 19-20 9.62 %
Return on Net Worth: 20-21,6M : 4.21 %
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio:
Equity Shares outstanding prior to the Offer 29,022,175 Equity Shares

Anupam Rasayan IPO Peer Comparison:
PI Industries @ PE Multiple of 69.
Navin Fluorine @ PE Multiple of 30.25
Astec Lifesciences @ PE Multiple of 46.43
SRF @ PE Multiple of 30.13

Anupam Rasayan IPO Lead Managers 
Axis Capital Limited
Ambit Private Limited
IIFL Securities Limited
JM Financial Limited

Anupam Rasayan , Registrar to the  IPO 
KFin Technologies Private Limited

Registered Office of Anupam Rasayan India Limited
8110, GIDC Industrial Estate,
Sachin, Surat 394 230,
Company Secretary and Compliance Officer
Ms. Suchi Agarwal

Anupam Rasayan IPO Grey Market Premium Trend
On 23 March 2021
Grey Market Premium Rs. 70
On 22 March 2021
Grey Market Premium Rs. 83-85
On 19 March 2021 @ 5.00 pm
Grey Market Premium Rs. 91-95
On 18 March 2021 @ 5.00 pm
Grey Market Premium Rs. 125, sellers
On 18 March 2021 @ 5.00 pm
Grey Market Premium Rs. 125, sellers
On 16 March 2021 @ 6.00 pm
Grey Market Premium Rs. 126/131
Application Rates :Rs. 350
Subject to Rates : Rs. 7000/ No trades
On 15 March 2021 @ 5.00 pm
Grey Market Premium Rs. 152
Application Rates :Rs. –
Subject to Rates : Rs. 7000
On 14 March 2021 @ 12.00 noon
Grey Market Premium Rs. 185
Application Rates :Rs. 400
Subject to Rates : Rs. 5000, no trades
On 12 March 2021 @ 5.00pm
Grey Market Premium Rs. 145-`55
Application Rates :Rs. 400
Subject to Rates : Rs. 5000, no trades
On 11 March 2021 @ 7.00 pm
Grey Market Premium Rs. 180
Application Rates :Rs. 400
Subject to Rates : Rs. 5000, no trades
On 10 March 2021 @ 12.30 pm
Grey Market Premium Rs. 260/270
Application Rates :Rs. 450
Subject to Rates : Rs. 5000
On 9 March 2021 @ 5.00 pm
Grey Market Premium Rs. 263/269
Application Rates :Rs. 350
Subject to Rates : Rs. 4000
On 8 March 2021 @ 8.00 pm
Grey Market Premium Rs. 265/275
Application Rates :Rs. 400
Subject to Rates : Rs. 4000
On 7 March 2021 @ 6.20 pm
Grey Market Premium Rs. 330
Application Rates :Rs. 400

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Anupam Rasayan India Limited IPO Live Review & Analysis @ youtube.com/c/chanakyanipothi