Chemplast Sanmar IPO dates, price band and allotment 2021
Chemplast Sanmar Ltd
CHEMPLASTS
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Chemplast Sanmar Ltd, a specialty chemicals manufacturer, came to the market with a book building IPO that was proposed to list on both the BSE and NSE. The IPO page and allotment guides around the issue highlighted key dates, issue size, price band, lot size, registrar details, and the steps investors could use to check allotment status online.
The issue opened on 10 August 2021 and closed on 12 August 2021, with the basis of allotment finalised on 18 August 2021. Equity shares were expected to list on 24 August 2021, and trading was slated to commence from that date.
Company snapshot and sector positioning
Chemplast Sanmar is described as a major manufacturer of specialty chemicals, including Specialty Paste PVC resin and Custom Manufactured Chemicals for the agro-chemical, pharmaceutical, and fine chemicals sectors. Alongside these, the company also produces Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas, and Industrial Salt.
Its manufacturing facilities are located across multiple sites in south India: Mettur, Berigai, and Vedaranyam in Tamil Nadu, and Karaikal in the Union Territory of Puducherry. For investors tracking listed chemical companies, these operational details are relevant because they define the company’s product mix and geographic footprint.
IPO structure: book building, exchanges, and issue size
Chemplast Sanmar’s IPO was a book building issue proposed to be listed on BSE and NSE. The issue size was ₹3,850 crore.
The composition of the issue, as stated, included:
- Fresh issue aggregating up to ₹1,300 crore
- Offer for sale (OFS) of up to ₹2,550 crore by promoters and existing shareholders
The allocation split mentioned for the net issue was:
- 75% reserved for Qualified Institutional Buyers (QIBs)
- 15% for Non-Institutional Investors (NIIs)
- 10% for Retail investors
Price band, face value, and lot size
The price band for the Chemplast Sanmar IPO was fixed at ₹530 to ₹541 per equity share, with an upper price band of ₹541. The face value was stated as ₹5 per share.
The lot size was 27 shares. Investors could apply for a minimum of 1 lot (27 shares) and up to a maximum of 13 lots (351 shares) in the retail category.
Some investor dashboards also displayed indicative application values, including:
- ₹14,310 as a minimum investment figure on one interface
- A single lot valued at ₹14,607 at the upper end of the price band (₹541)
Key IPO dates: subscription, allotment, refunds, listing
Multiple sources around the IPO repeated a consistent timetable for key milestones, including refunds and demat credit.
A note included with the schedule stated that in case of no allotment or partial allotment, blocked funds would be unblocked on or before the UPI mandate expiry date. Investors were advised to contact their bank if funds were not unblocked after the mandate expiry.
Subscription status reported on closing day
The IPO was reported to have been subscribed 2.17 times till 12 August 2021, and described as oversubscribed as of that point. This figure is a snapshot from the subscription update referenced in the provided text.
Registrar details and where investors could check allotment
KFin Technologies (referred to as Kfin Technologies Limited and also KFin Technologies Pvt Ltd / Private Limited in the text) was listed as the registrar for the Chemplast Sanmar IPO. Investors were directed to the registrar’s website for allotment status checks, refund processing, and related queries.
The allotment status could also be checked through stock exchange portals, especially the BSE allotment page.
Step-by-step: checking Chemplast Sanmar IPO allotment status
The allotment guidance shared the following steps:
On the BSE website
- Select Issue Type: Equity
- Select Issue Name: Chemplast Sanmar Limited
- Enter Application Number and PAN Number
- Tick the “I’m not a robot” checkbox
- Click Search to view the application status
On the registrar website (KFin)
- Select IPO: Chemplast Sanmar Limited
- Use any one of the following:
- Application Number and Application Type (ASBA/NON ASBA)
- DPID/Client ID and Depository (NSDL/CDSL)
- PAN Number
- Enter Captcha
- Click Submit to view the status
An additional method mentioned was checking via the IPO Ji app/website, alongside BSE and NSE websites.
Stock identifiers and secondary-market snapshots shown
The content included multiple identifiers and price snapshots:
- Codes shown include BSE: 543336 and also BSE: 506355, and NSE: CHEMPLASTSEQ and also NSE: CHEMPLASTS.
- A “current market price” figure was shown as ₹366.25 in one place.
- Another market snapshot showed Current Price: ₹399, with High/Low: ₹530/₹355 and Market Cap: ₹6,309 crore.
Why these details mattered for investors
For IPO applicants, the practical focus was on dates, lot size, and the allotment and refund sequence. The timetable from issue close to listing was tight, with allotment expected on 18 August, refunds on 20 August, demat credit on 23 August, and listing on 24 August.
The guidance also made it clear that investors could check their allotment through multiple routes, including the registrar and stock exchange sites, using identifiers such as application number, PAN, or depository details.
Conclusion
Chemplast Sanmar’s IPO, a ₹3,850 crore book-built issue with a ₹530-541 price band, followed a schedule that put allotment on 18 August 2021 and listing on 24 August 2021. Applicants were directed to use KFin Technologies and exchange portals to check allotment status, and to track refunds and demat credit dates as per the published timeline.
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