What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Archean Chemical Industries Limited IPO?

Archean Chemical Industries Limited IPO has received a total subscription of 32.23 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Archean Chemical Industries Limited

ListedMainboard

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

₹109

+26.8%

Est. Listing

₹516

at current GMP

Subscribed

32.23x

overall

Open

9 Nov 2022

11 Nov 2022

Allotment

16 Nov 2022

Refund

17 Nov 2022

Demat Credit

18 Nov 2022

Listing

21 Nov 2022

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

32.23x

Total Demand

QIB Multiplier

51.57x

Institutions & Funds

NII / HNI

15.71x

High Net-Worth

Retail (RII)

10.50x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 32.23x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	10,153,692	523,590,840	51.57x
NIB	5,264,336	82,721,196	15.71x
HNIs(10L +)	3,509,558	62,525,844	17.82x
HNIs (2-10L)	1,754,779	20,195,352	11.51x
RETAIL	3,509,558	36,858,492	10.50x
Total	24,191,923	725,891,724	32.23x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 10.69x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	349,307	3,667,724	10.50x
HNIs (10L +)	2,234	35,096	15.71x
HNIs (2-10L)	10,693	167,987	15.71x
Total Applications	362,234	3,870,807	10.69x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Archean Chemical Industries Limited Public Issue & Market Profile

Archean Chemical Industries Limited is bringing an initial public offering (IPO) in the Chemicals sector with an aggregate issue size of ₹1,462.3 Crores. The shares are offered at a price band of ₹386 to ₹407 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2022-11-11, the basis of allotment is scheduled to be finalized on 2022-11-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Archean Chemical Industries Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Archean Chemical Industries Limited IPO is ₹109 per equity share. Based on the upper price band of ₹386 to ₹407 per equity share, the estimated listing price is ₹516 (+26.8% expected listing gain).

What is the expected profit per lot for Archean Chemical Industries Limited IPO?

With a lot size of 36 shares and current GMP of ₹109, the expected profit per application lot is approx ₹3,924 (+26.8% gain). Minimum application cost is approx ₹14,652.

What is the issue size and price band for Archean Chemical Industries Limited IPO?

The Archean Chemical Industries Limited IPO aggregate issue size is ₹1,462.3 Crores with an equity price band set at ₹386 to ₹407 per equity share. The retail lot size is 36 shares requiring a minimum capital outlay of approx. ₹14,652.

How can I check Archean Chemical Industries Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 32.23x (Retail: 10.50x, QIB: 51.57x, NII: 15.71x). You can track live multiples directly on our dedicated subscription page.

Where and when will Archean Chemical Industries Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-11-16. Investors can verify status using PAN card or application number.

When is the listing date for Archean Chemical Industries Limited IPO?

Archean Chemical Industries Limited shares are scheduled to list on NSE and BSE on 2022-11-21.