Archean Chemical IPO Award Date: Steps to Check Subscription Status Online, Direct Link | Archean Chemical NSE, BSE stock listing price date and time
Archean Chemical IPO Award Status Check Online Link, Archean Chemical Share Listing Price Date Time NSE BSE: Archean Chemical Industries’ IPO award status will be declared today, November 16. Award status will be available online at the Official Registrar and BSE websites. The official registrar of Archean Chemical IPO is Link Intime Private Limited. Subscription status will be available on the Link Intime website — https://www.linkintime.co.in/
Archean Chemical’s IPO was subscribed 32.23 times. The IPO subscription started on November 9 and ended on November 11.
Archean Chemical IPO had received offers for 64,31,70,528 shares against 1,99,57,325 shares offered, according to data available from the NSE. The Qualified Institutional Buyers (QIB) quota received 48.91x subscription, while the Non-Institutional Investor category was subscribed 14.90x and Retail Individual Investors (RII) received 9.96x subscription.
Archean Chemical IPO Award Status Check Online – Link Intime IPO Award Status Check Online
September 1st : Visit https://www.linkintime.co.in/
2nd step: Search for the name of the IPO – Archean Chemical (once the allocation is finalized)
Step 3: Enter Pan card details
Step 4: Go to the next step and enter the request number and finally the client ID
Step 5: Click Submit for allocation status
Archean Chemical Share Listing Date and Time NSE, BSE
Archean Chemical’s shares will be listed on both stock exchanges – NSE and BSE. Archean Chemical shares will be listed on NSE and BSE on November 21.
The trading time for Archean Chemical shares is 10 a.m. The special pre-opening session will begin at 9:45 a.m.
Archean Chemical IPO Stock Price NSE, BSE
Archean Chemical had set the IPO price range at Rs 386 to Rs 407 per share. An Archean Chemical IPO lot was available at Rs14,652 – 36 shares.
Archean Chemical’s IPO consists of a new share issue totaling up to Rs 805 crore and an offer to sell (OFS) of up to 1.61 crore shares by the promoter and investors . Archean Chemical is aiming to raise Rs 1,462.3 crore from the public offering.
Prior to the IPO, the company raised Rs 658 crore from anchor investors.
The company plans to use the proceeds from the new issue for the repayment of non-convertible debentures (NCDs) issued by it. Archean focuses on the production and export of bromine, industrial salt and sulphate of potash.
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