
Chemicals · NSE / BSE
Archean Chemical Industries Limited is India's largest exporter of bromine and industrial salt as of Fiscal 2021. The company is a leading specialty marine chemical manufacturer, producing and exporting bromine, industrial salt, and sulphate of potash to customers worldwide. It serves 13 global markets and 29 domestic customers, exporting 2.7 million MT of industrial salt in Fiscal 2021. Archean Chemical is also the only sulphate of potash manufacturer in India, operating an integrated production facility in Hajipir, Gujarat, near the Rann of Kutch brine fields. The company benefits from high entry barriers, cost-efficient infrastructure, a strong global customer base, and a focus on environmental safety. With a history of strong financial performance, it is backed by an experienced management team and key financial stakeholders.
Price Band
₹386 – ₹407
Issue Size
₹1462 Cr
Lot Size
36 shares
GMP
+26.8%
Est. Listing
₹516
at current GMP
Subscribed
32.23x
overall
Open
9 Nov 2022
Close
11 Nov 2022
Allotment
16 Nov 2022
Refund
17 Nov 2022
Demat Credit
18 Nov 2022
Listing
21 Nov 2022