ListedMainboardARCHEAN
Archean Chemical Industries Limited
Archean Chemical Industries Limited is a mainboard IPO raising ₹1,462 Cr at ₹386 – ₹407 a share. It listed on 21 Nov 2022 and trades at ₹555 today, +36.4% against its issue price of ₹407. It was subscribed 32× in total.
₹407
Issue price
₹555
Price now
+36.4%
Since issue price
21 Nov 2022
Listed on
32×Subscribed (final) · all exchanges
32.2 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹386 – ₹407
Cut-off price₹407
Issue size₹1,462 Cr
Shares per lot36
Minimum application₹14,652
Minimum quantity36
Face value₹2
Listing exchanges—
ISININE128X01021
Bidding hours10:00 – 17:00 IST
Bidding window9 Nov 2022 – 11 Nov 2022
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.