archean


Issue Details Listing BSE & NSE Open Date 9 Nov 2022 Close Date 11thNov 2022 Price Band INR 386-407 Face Value INR 2 Market Lot 36 shares Minimum Lot 1 Lot



Archean Chemical IPO: GMP Today. Ahead of its initial public offering opening (IPO) of Archean Chemical Industries to investors for subscription tomorrow, the shares are already commanding a premium of 17 percent in the grey market. With the price band fixed at Rs 386 to Rs 407 per share for the IPO, shares of the company have a grey market.



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Archean Chemical Industries Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 7,138.92 Crore) operating in Chemicals sector. Archean Chemical Industries Ltd. key Products/Revenue Segments include Bromine, Salt, Potash, Others for the year ending 31-Mar-2022.For.



Archean Chemical IPO received bids of over 64.31 crore (64,31,78,772) shares against the total issue size of over 1.99 crore (1,99,57,325) shares, data available with the National Stock Exchange (NSE) showed.



Archean Chemical IPO Subscription Status Live. Archean Chemical IPO subscribed 32.23 times. The public issue subscribed 9.96 times in the retail category, 48.91 times in QIB, and 14.90 times in the NII category by Nov 11, 2022. Investor Category.



Save Print Synopsis Last heard, the company's shares were being dealt at a premium of Rs 120-125 in the unofficial market, translated into a premium of about 30% compared to its issue price of Rs 407. Agencies