Chemplast Sanmar Limited
listed
₹14,310Min. investment
Chemplast Sanmar Limited IPO Details
Issue size
₹3,850Cr
IPO type
Mainboard
Price range
₹530 – ₹541
Listing date
24 Aug 2021
Lot size
27 shares
Price range₹530 – ₹541
IPO type
Regular
Lot size27 shares
Issue size₹3,850Cr
Chemplast Sanmar Limited Timeline
- Bid start10 Aug 2021
- Bid end12 Aug 2021
- Allotment12 Aug 2021
- Release of funds20 Aug 2021
- Demat transfer18 Aug 2021
- Listing24 Aug 2021
Incorporated in 1985, Chemplast Sanmar Limited (CSL) is a specialty chemical manufacturer in India. The company is one of the leading manufacturers of specialty paste PVC resin, which is used for making artificial leather, tarpaulin, gloves, conveyor belts and coated fabrics. It is also engaged in custom manufacturing of starting materials and intermediates that are used in pharmaceutical, agro-chemical and fine chemicals sectors.
The company also manufactures caustic soda and hydrogen peroxide. In fact, as of 31 December 2020, CSL is the third-largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in south India in terms of installed production capacity.
Besides these chemicals, the company also makes chloromethanes (used by pharmaceutical, refrigeration and agrochemical companies), suspension PVC resin (used for making pipes and fittings, films and sheets, window and door profiles, wires and cables) and refrigerant gas (used as cooling agent). Meanwhile, the company has posted healthy financial performance between FY19 and FY21. Its revenue and net profit have grown at a CAGR of 74% and 86%.
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Chemplast Sanmar Limited Contact Details
Company NameChemplast Sanmar Limited
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