Anupam Rasayan IPO Live Subscription Status and Analyst Reviews

Live subscription status across each investor category and analyst recommendations
Anupam Rasayan IPO Subscription

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.

Investor CategoryQuotaSubscription
Institutional (QIB)50%65.74x
Non-Insti. (HNI)15%97.42x
Retail (RII)35%10.77x
Employees1.71x
Total Subscription100%44.06x

Anupam Rasayan IPO Subscription: End of Day Update

DayDay 1Day 2Day 3
QIB0.00x0.37x65.74x
HNI0.09x1.39x97.42x
Retail2.58x6.60x10.77x
Employees0.30x0.93x1.71x
Total1.29x3.64x44.06x

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 ]

Amazon audible Advertisement 2
Advertisement

Anupam Rasayan IPO Subscription: Key IPO Details

TypeValue
Issue Size₹760 Cr
Issue Open12/03/2021
Issue Close16/03/2021
Face Value₹10/- per Equity Share
IPO Price₹553 – ₹555
Lot Size27 shares
LotsMin 1 – Max 13

Financials

201820192020 Mar2020 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 Tax40.34 Cr₹50.21 Cr₹52.98 Cr₹48.09 Cr
EPS (Basic)6.596.606.946.03
As of March 2020EPSP/E (Floor)P/E (Cap)
Based on basic EPS6.9479.9779.68

Comparison with listed industry peers

CompanyEPSP/E (Cap)
Anupam Rasayan6.9479.68
PI Industries33.0869.12
Navin Fluorine92.6029.06
Astec Lifesciences24.2943.21
SRF177.2931.92
Sector P/E51.72

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?

A: You can visit the NSE or SEBI website for these details. Alternately you can click here: RHP and DRHP

Our Recommended Readings:

Leave a Reply

4 × three =

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.