Anupam Rasayan IPO Subscription Status: FINAL
Anupam Rasayan Limited, incorporated in 1984, is one of the leading companies engaged in the custom synthesis and manufacturing of speciality chemicals in India. It started as a manufacturer of conventional products and have, over the years, evolved into custom synthesis and manufacturing of life science-related speciality chemicals and other speciality chemicals, which involve multi-step synthesis and complex technologies, for a diverse base of Indian and global customers.
Anupam Rasayan IPO Subscription: End of Day Update
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Anupam Rasayan IPO Subscription: Analyst Recommendations
VENTURA SECURITIES – SUBSCRIBE [ Report ]
“At the upper end of the price band at Rs 555 per share, the company is valued at 36.1 times FY23 earnings. We have a ‘subscribe’ rating on the issue for listing gains,”
ANAND RATHI – SUBSCRIBE for Long Term
“Considering the fancy for life care and speciality chemicals segment linked with future performance trends, the company is expected to do well post listing going forward. Moreover, the company has a strong financial position and has been generating positive cash flow. We are positive about the company’s long-term prospects”
Marwadi Shares and Finance – SUBSCRIBE
“Considering TTM EPS of Rs 5.83 on a post-issue basis, the company is going to list at a P/E of 95.16X with a market cap of Rs 55,445 million. The issue is aggressively priced compared to its peers”
CHOICE BROKERAGE – SUBSCRIBE FOR LONG TERM [ Report ]
Anupam Rasayan IPO Subscription: Key IPO Details
|Issue Size||₹760 Cr|
|Face Value||₹10/- per Equity Share|
|IPO Price||₹553 – ₹555|
|Lot Size||27 shares|
|Lots||Min 1 – Max 13|
|2018||2019||2020 Mar||2020 Dec|
|Revenue from Ops||₹341.43 Cr||₹501.50 Cr||₹520.88 Cr||₹539.22 Cr|
|Profit before Tax||₹49.77 Cr||₹65.71 Cr||₹71.37 Cr||₹66.76 Cr|
|Profit after Tax||₹40.34 Cr||₹50.21 Cr||₹52.98 Cr||₹48.09 Cr|
|As of March 2020||EPS||P/E (Floor)||P/E (Cap)|
|Based on basic EPS||6.94||79.97||79.68|
Comparison with listed industry peers
Anupam Rasayan IPO Subscription – FAQs
1. How to apply for Anupam Rasayan IPO in Retail Category?
A: An investor in retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account
2. How to apply for Anupam Rasayan IPO in HNI Category?
A: An investor can apply in HNI category only through the ASBA process via bank account
3. Where can I find the Red Herring Prospects (RHP) details?