Anupam Rasayan IPO date declared, IPO to open on 12 March and closes on 16 March 2021. The organization started in 1984 and they have their main plant in Gujarat. They manufacture organic goods which help many chemical companies in terms of raw material. They are going to raise ₹760 Cr. through an IPO and the retail portion for this is IPO is 35%. Check out more details given below for an IPO.
Anupam Rasayan IPO Dates & Price Band:
|Open Date||12th March 2021|
|Close Date||16th March 2021|
|Total Size of IPO||₹760 Cr.|
|Price Band||₹553 to ₹555 Per Share|
|Listing on||BSE & NSE|
|Retail Investor’s Portion||35%|
Anupam Rasayan IPO Market Lot:
|Application||Lot||Shares||Cut Off Amount|
Anupam Rasayan IPO Allotment & Listing Dates:
Allotment Date for Anupam Rasayan – 19th March 2021
Refund Date for Anupam Rasayan – 22nd March 2021
Credit of Shares to Demat Account – 23rd March 2021
Listing Date for Anupam Rasayan – 24th March 2021
Objectives of Issue:
- To finance companies working requirements.
- To repay debt payments.
- To meet general corporate issues.
Applying Anupam Rasayan IPO through the form:
Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully. You have to submit your filled form to the bank or broker.
Financials of Anupam Rasayan IPO:
|Year||Revenue (₹ in Cr.)||Expense (₹ in Cr.)||Net Income (₹ in Cr.)|
Our Teams Perspective:
Overall valuation and financials of the company are looking fine. It would be good if you apply for short-term listing gains.
NOTE: Consult your financial advisor before applying for IPO.