Chemplast Sanmar IPO Details

 

Chemplast started its business in 1985, the company is leading speciality chemical manufacturer in India with focus on speciality paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceuticals, agrochemical, and fine chemical sector.

CSL is India's largest maker of speciality paste PVC resin by installed capacity as of December 31, 2020, as well as the third-largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide(source: CRISIL Report).

CSL acquired 100% equity interest in CCVL, which is the second-largest manufacturer of suspension PVC resin in India and the largest in South India on the basis of installed production capacity.

CSL has four production units, three of which are in Tamilnadu in Mettur, Berigai, and Cuddlore, and one in Puduchery.

Also read: Nuvoco Vistas Corporation Ltd IPO Details.

Strengths of the Company

• Well-positioned to capture favourable industry dynamics.
• Leadership Position in an Industry with High Barriers to Entry.
• Vertically integrated operations.
• Quality Manufacturing facilities with a strong focus on sustainability.

Strategies of the Company

• Focus on developing and improving product portfolio.
• Expanding production capacities.
• Improving financial performance through focus on operational efficiencies.

Also read: CarTrade Tech IPO Details.

Promoters of the Company

Sanmar Holdings Limited is the promoter of the company.

Financials of the Company

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CSL IPO Details

IPO Opening Date	10-08-2021
IPO Closing Date	12-08-2021
Issue Type	Book Built Issue IPO
Face Value	₹5 per Eq.Share
IPO Price	₹530 to ₹541 per Eq.Share
Market Lot	27 Share
Issue Size	₹3850.Cr

CSL IPO Timetable

The issue opens on August 10, 2021, closes on August 12, 2021, allotment is on August 18, 2021, and listing is on August 24, 2021.

Our Review

May apply.

CARTRADE TECH IPO :- WORTH TO APPLY?

CarTrade Tech Ltd, which was founded in 2008, is India's largest multichannel car platform supplier. CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto, and AutoBiz are among brands in which the company operates. Customers, dealerships, car OEMs, and other companies may purchase and sell automobiles in a straightforward and effective manner thanks to the Company.

Vision Of the Company:- To create an automotive digital ecosystem which connects automobile customers, OMEs, dealers, banks, insurance companies and other stakeholders.

Strengths of the Company:-

1. A leading platform for Automotive Sales.
2. Operates with various brands.
3. A comprehensive range of services.
4.  Profitable and scalable business model.

Financials of the Company:-

Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,301.99	14,704.06	14,270.94
Total Revenue	2,815.23	3,184.45	2,668.05
Profit After Tax	1,010.74	312.94	259.17

 IPO Details of CarTrade Tech Limited

      

IPO Opening Date	Aug 9, 2021
IPO Closing Date	Aug 11, 2021
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹1585 to ₹1618 per equity share
Market Lot	9 Shares
Min Order Quantity	9 Shares
Listing At	BSE, NSE
Issue Size	18,532,216 Eq Shares of ₹10

   

 

CarTrade Tech IPO Timetable

IPO Open Date	Aug 9, 2021
IPO Close Date	Aug 11, 2021
Basis of Allotment Date	Aug 17, 2021
Initiation of Refunds	Aug 18, 2021
Credit of Shares to Demat Account	Aug 20, 2021
IPO Listing Date	Aug 23, 2021

(Source : all details are taken form SEBI)

Our Recommendation:

Excellent IPO for investment purposes.

Grey Market Premium

Expected 30% to 50% listing Premium.

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IPO: Glenmark Life Sciences.

COMPANY HISTORY

Glenmark Life Sciences (GLS) is founded in 2011. The company is a leading developer and manufacturer of Active Pharmaceutical Ingredients. GLS partners with the world's 16 of the top 20 generic companies & serves customers in multiple geographies including North America, Europe, Japan, Latin America and ROW.

Financials of The Company

Particulars	Years (amt in lakh)
	31/03/2021	31/03/2020	31/03/2019
Total Assets	19970.75	17256.04	14753.95
Total Revenue	18859.76	15493.03	8868.65
Profit After Tax	3515.81	3130.98	1955.92

Promoters' Holding:

After successful listing, promotors' Holding will be reduced form 100% to 82.84%.

IPO Details

IPO Opening Date	27-07-2021
IPO Closing Date	29-07-2021
IPO PRICE	Rs.695 to Rs.720 per equity share
Minimum Lot Size	20 Shares (1Lot)
Maximum Lot Size	260 Shares (13Lots)
Minimum Investment Amount	14400
Maximum Investment Amount	187200
Listing At	BSE, NSE
Issue Size	Equity Shares of Rs.2 (aggregating up to Rs.1513.6 Cr)
IPO Listing Date	06-08-2021

Grey Market Premium

GLS IPO grey market premium today is Rs.210.

My Recommendation

Every one should apply for this IPO.