Archean Chemical IPO Allotment Status Check Online Link, Archean Chemical Share Listing Price Date Time NSE BSE: Archean Chemical Industries IPO allotment status will be declared today, November 16. The allotment status will be available online on the websites of the official registrar and the BSE. Archean Chemical IPO official registrar is Link Intime Private Limited. The subscription status will be made available on Link Intime website — https://www.linkintime.co.in/
The initial public offering of Archean Chemical was subscribed 32.23 times. The IPO subscription started on November 9 and ended on November 11.
Archean Chemical IPO had received bids for 64,31,70,528 shares against 1,99,57,325 shares on offer, according to data available with the NSE. The quota meant for Qualified Institutional Buyers (QIBs) received 48.91 times subscription, while the non-institutional investors category was subscribed 14.90 times and Retail Individual Investors (RIIs) was subscribed 9.96 times.
Archean Chemical IPO Allotment Status Check Online Link – Link Intime IPO Allotment Status Check Online
Sep 1: Visit https://www.linkintime.co.in/
Step2: Search for the name of the IPO – Archean Chemical (once allotment finalised)
Step 3: Enter Pan Card details
Step 4: Proceed to the next step and enter application number and finally client ID
Step 5: Click submit to know the allotments status
Archean Chemical Share Listing Date and Time NSE, BSE
Archean Chemical shares will list on both the exchanges — NSE and BSE. Archean Chemical shares will list on NSE and BSE on November 21.
Archean Chemical shares listing time is 10 AM. The special pre-open session will start at 9:45 AM.
Archean Chemical IPO Share Price NSE, BSE
Archean Chemical had fixed the IPO price band of Rs 386 to Rs 407 per share. One lot of Archean Chemical IPO was available at Rs14,652 — 36 shares.
Archean Chemical IPO consists of a fresh issue of equity shares aggregating up to Rs 805 crore and an Offer For Sale (OFS) of up to 1.61 crore shares by the promoter and investors. Archean Chemical aims to raise Rs 1,462.3 crore from the public offer.
Ahead of the IPO, the company raised Rs 658 crore from anchor investors.
The firm plans to use the proceeds of the fresh issue for the redemption of Non-Convertible Debentures (NCDs) issued by it. Archean is focused on producing and exporting bromine, industrial salt, and sulphate of potash.
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