| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹1462.30 Cr |
| Fresh Issue | ₹805.00 Cr |
| Offer for Sale | ₹657.31 Cr |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹386.00-407.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543657 |
| NSE Code | ACI |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | ICICI Securities Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 36 shares and in multiples thereof
Archean Chemical Industries Limited is India's largest exporter of bromine and industrial salt in Fiscal 2021. The company is the leading speciality marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.
Archean Chemical Industries markets theproducts to 18 global customers in 13 countries and to 24 domestic customers. The company was the largest exporter of industrial salt in India with exports of 2.7 million MT in Fiscal 2021.
Archean Chemical Industries Limited are the largest exporter of Bromine from India. The company is the only manufacturer of sulphate potash in India. The company's marine chemicals business is predominately conducted on a business-to-business basis both in India and internationally.
The company has an integrated production facility for the bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat, located on the northern edge of the Rann of Kutch brine fields.
Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Redemption or earlier redemption, in part or full, of NCDs issued by the Company | 805.00 |
| 2 | General corporate purposes | 35.03 |
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,606.65 | 1,529.68 | 1,428.60 | 1,260.51 |
| Total Income | 408.82 | 1,142.83 | 617.00 | 572.91 |
| Profit After Tax | 84.41 | 188.58 | -36.24 | 39.97 |
| NET Worth | 345.44 | 261.07 | 5.97 | 42.37 |
| Reserves and Surplus | 0.00 | 0.00 | ||
| Total Borrowing | 915.58 | 921.87 | 929.26 | 772.02 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 113.11% |
| ROCE | 34.62% |
| Debt / Equity | 3.53% |
| RoNW | 72.24% |
| PAT Margin | 16.68% |
| EBITDA Margin | 42.42% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 18.26 | |
| P/E (x) | 16.78 | |
| Promoter Holding | 65.58% | 55.23% |
| Market Cap | ₹5665.56 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs’ fees and commissions (including underwriting commission and selling commission) | 43.14 |
| 2 | Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer. Brokerage and selling commission and bidding charges for members of the Syndicate, Registered Brokers, RTAs and CDPs (1)(2)(3)(4) | 4.29 |
| 3 | Fees payable to the Registrar to the Offer | 0.28 |
| 4 | Fees payable to the other advisors to the Offer (fee payable to a chartered accountants appointed for providing confirmations and certificates for the purpose of the Offer; F&S for preparing the industry report commissioned by our Company; the virtual data room provider in connection with due diligence for the Offer; and chartered engineer for certifying the installed and utilization capacity of our manufacturing facility) | 2.22 |
| 5 | Others | |
| 6 | (i) Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses. | 5.57 |
| 7 | (ii) Printing and stationery expenses | 2.20 |
| 8 | (iii) Advertising and marketing expenses | 0.47 |
| 9 | (iv) Fees payable to legal counsels | 5.18 |
| 10 | (v) Miscellaneous | 0.22 |
Last Updated on 26-Jun-2026 18:10:12