Check your IPO allotment for by following simple steps:
First way to Check Allotment:
1) Visit to BSE India website
2) Then Select the name of the company.
Select Chemplast Sanmar IPO.
3) Fill the application number of Chemplast
Sanmar ltd
4) Fill your Pan Card details
5) Tick on “not Robot” option
6) At the end press “Submit” button
Step
2
Second way to check Allotment:
1) Visit to KFintech private ltd website, you may search in Google.
2) Select name of the IPO company i.e Chemplast Sanmar.
3)
Fill the application number of Chemplast
Sanmar or you can select the option of filling DP ID.
4)
Enter the security code mentioned on your screen
5)
At the end press “Submit” button to get you allotment status
Step 3
Date
of refund & date of credit of allotment shares of Chemplast Sanmar IPO:
The credit date of allotment IPO
shares of Chemplast Sanmar is 23
August 2021. Listing date is 24th August 2021. The refund will be allowed to transfer
into the bank accounts of the IPO investors those had not received IPO
allotment of shares. The refund initiated on date of 20th August 2021.
Step 4
Chemplast Sanmar IPO, Should you buy, sells or hold after listing of IPO?
There
is no any question that chemplast sanmar is the market leader. This
company is the market leader in the manufacturing and selling of PWS products,
so we can say that Chemplast has pricing power in the speciality Chemicals &
PVC sector. The management of the company is also very old. Therefore the
company's business model and experience of Promoters is very good. But if we all remember, this company used
to trade in the stock market even before today. Yes, there is nothing to be
surprised about this. Chemplast got its shares delisted from Bombay Stock
Exchange and Madras Stock Exchange. You will be surprised to know that the
company had kept the delisting price 15rs. Today, after about 8 more years, the
company management is getting the company's shares relisted again. This time
the share price of the company has been kept at 530 rs and 541rs. This is a
surprising thing. And there has also been an alert for investors. The company
generates its stake through its promotional offer for sale. If we check the
past track record of the management of the company, then getting the company
shares delisted at 15rs has weakened the confidence of the investors somewhere.
If we talk about the valuation of the company, then there is an average
performance, it is also shocking to see the profit increase suddenly in 3
years. Talking about the company's competitors, among the listed players, a
company like Finolex Industry is
attracting more investors with strong balance sheet and strong management
commentary.
Chemplast
acquired
a subsidiary of its own. After this, more than 9% profit of the company was
also registered, but due to this the equity of the company has also become
negative. If we think from the fundamental point of view, then it is not so
good and attractive valuations, but Indian stock market is currently running in
Bull Run, so if any company is
coming with IPO in the market then the valuations are high. If we talk about
the listing gains, then even if there is a positive listing due to some
reactions, then booking the profit on the IPO
listing of the company would be a good strategy. On the other hand, it
would not be wrong to say that the listing of the company's IPO becomes
negative.
Chemplast share price is also looking very expensive. If a trader wants to make trading positions in this stock after IPO listing, then there will be a suggestion to trade with strict stop loss. It would be best for investors to look at the listed company only. If an investor has been allotted an IPO, it would be a good idea to book a profit, that too if the listing is positive. It is high risk & Moderate return of IPO for investors or traders. High risk is related to company past performance and previously delisting of stocks.
Chemplast
Sanmar subscription Rate:
With the average response from
investors, Chemplast sanmar IPO was subscribed nearly times.. This IPO issue was
opening from 10th August to 12th August 2021. The qualified institutional buyers
portion was subscribed nearly 2%. If we will talk about non-institutional
investors then it was subscribed nearly 10% but retail segment was only
confirmed by more than 1.6 times.
The fresh issue of this IPO was nearly
Rs 1300cr, where offer for sale was of nearly Rs 2500cr which was by
shareholders. The company management will use this IPO raised Capital for
meeting the future capital requirements & for reducing the debit of company.
If we will talk about the Chemplast Sanmar business model then it
is a specialty chemicals producer in India with centre around specialty glue
PVC sap and custom assembling of beginning materials and intermediates for
drug, agro-compound and fine chemicals areas.
The organization finished an essential
securing of a chlor-soluble base plant at Karaikal in August 2003, and sloped
up the plant limit. This plant had a limit of 33,000 TPA of scathing pop and
30,000 TPA of chlorine. This has been expanded to 52,000 TPA of scathing pop
and 46,000 TPA of chlorine.
It is one of India's driving makers of
claim to speciality glue PVC resin based on introduced creation limit, as of Dec
2020. What's more, it is additionally the third biggest producer of scathing
pop and the biggest maker of hydrogen peroxide in the South India area, based
on introduced creation limit as of Dec 2020.
In
nutshell, We can say that Chemplast
sanmar share price looks bit expensive as compared with the competitor of
listed companies of same segment. There is no question on the experience of the
company management but for shareholders it looks that there is not much money left
on table for shareholders after the listing of IPO. Rest need to track the company
performance in the future before making any investment decision.
Disclaimer: It is my
personal view on the company IPO listing. Please do your own research before
making any buying or selling decision in this stock. Company products data may
have been collected from company business website but the view on the IPO listing
of the company is personal.
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