One of the most brilliant and prominent companies is regularly engaged in the cotton synthesis and manufacturing of specialty chemicals in India titled Anupam Rasayan. Now, we are talking about the company because Anupam Rasayan IPO will be very soon going to be launch. If we talk about the company then it was established in 1984. Also, it is the most genuine leading company across the country. Everyone who has a proper piece of knowledge regarding Share Market wants to invest their money to get profit. The perfect way to earn more income in a short time is Initial Public Offer (IPO). Anupam Rasayan is all set to introduce its IPO to invite the public to raise funds.
Anupam Rasayan IPO All Details
Apart from this, the company also has a very strong relationship with many multinational companies such as Syngenta Asia Pacific Pte Ltd, Sumitomo Chemical Company Ltd, and UPL Limited to expand geographical reach across countries. The company is famous and well-known across the world. Also, the sales and market value of the company are extremely high. It has 6 manufacturing facilities, 4 of which are located in Sachin and 2 in Jhagadia with an installed capacity of 23,438 MT. Now, if we talk about the promoters of the company then the number is big. Mr. Anand S Desai, Dr. Kiran C Patel, Ms. Mona A Desai, Kiran Pallavi Investments LLC, and Rehash Industrial and Resins Chemicals Private Limited promote the company.
Every year, the company making a very huge amount of profit. Now, the company needs to raise its funds and that’s why Anupam Rasayan IPO will be launching in some days. The motive to invite the local public for raising funds is to meet general corporate purposes. The details related to the upcoming IPO Opening and Closing Dates and further information are given below.
| IPO Opening Date | Mar 12, 2021 |
| IPO Closing Date | Mar 16, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹553 to ₹555 per equity share |
| Market Lot | 27 Shares |
| Min Order Quantity | 27 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹760.00 Cr) |
The Entire Procedure Of IPO
The entire procedure of allotting shares to the public who want to purchase the shares is given below. We will update here all the data that help you to know more about the upcoming IPO Anupam Rasayan 2021. The lot size of the IPO is set at a minimum of 27 shares of a total amount of Rs. 14,985. On the other hand, the maximum size of the lot is set to 351 shares of a total amount of Rs. 1,94,805. Now, it is a very huge amount and perfects to built trust among traders that the company is trust-worthy. The promoters holding in the shares that will be issued by the company is 75.80%. The rest percent of the entire stakes will be offered to the public.
| IPO Open Date | Mar 12, 2021 |
| IPO Close Date | Mar 16, 2021 |
| Basis of Allotment Date | Mar 19, 2021 |
| Initiation of Refunds | Mar 22, 2021 |
| The credit of Shares to Demat Account | Mar 23, 2021 |
| IPO Listing Date | Mar 24, 2021 |
Also Read: – EaseMyTrip IPO
It is cleared that the company is all set to increase the number of its funds by releasing an IPO. A very huge amount of traders are looking forward to the IPO of Anupam Rasayan because it will be very beneficial for all the people who invest their money in it. If you also want to increase your income in a short time then invest in IPO. Anupam Rasayan IPO will be launching on 12th March 2021 and it will be close on 16th March 2021. If you want to buy it then you need to purchase it between these dates. After that, the IPO will be list on 24th March 2021. So, stay connected with us to know more information related to The Upcoming IPO 2021.