Anupam Rasayan submitted application to SEBI for IPO of Rs 760 crore, know 5 special things

by customer care number, business news, banking financial,

Posted on 27-12-2020 by Admin

Anupam Rasayan submitted application to SEBI for IPO of Rs 760 crore, know 5 special things

Anupam Rasayan, an agrochemicals manufacturing company, is also planning to launch an IPO to raise funds. Through this IPO, the company has set a target of raising Rs 760 crore. For this, Anupam Chemicals has submitted the Dry Red Herring Prospectus (DRHP) to the market regulator Exchange and Securities Board of India (SEBI). The company has submitted in its application submitted to SEBI that it wants to sell its equity shares to raise Rs 760 crore.

The company has appointed Axis Capital, Ambit Private, IIFL Securities and JM Financial as its investment banker and lead manager for the IPO. Of the Rs 760 crore raised from this IPO, the company will use Rs 556.20 crore to repay its debt. Let us tell you that there is a total debt of 861.58 crore rupees on Anupam Rasayan.

5 special things about Anupam Rasayan 

1. The company made a profit of Rs 26.48 crore for the quarter ended on 30 September. At the same time, the company had a profit of Rs 21.74 crore in this period last year. The company received revenue of Rs 355.13 crore in the second quarter of this financial year, which is 51.5% higher than the previous year.

2. Amupam produces agrochemicals for chemical crop protection. It also produces chemicals for personal care and pharma companies and manufactures veterinary drugs for animals. Apart from this, the company also produces chemicals for polymers.

Amupam rasayan turnover

3. The company has 6 manufacturing units in Gujarat, out of which 4 factories are located at Sachin (Sachin) near Adani Hajira Port and two units in the industrial area of ​​Jhagadia.

4. The units of the company have a production capacity of 23,396 metric tons of chemicals, of which 6,726 metric tons of capacity has been increased in March this year.

The company Kylants range from India to Europe and America, Japan. Syngenta Asia Pacific, Sumitomo Chemical Company, UPL Ltd are its main clients.

anupam rasayan customer care number, anupam rasayan Contact Number

+91 261 2398991-95

[email protected]

[email protected]

Enter More Update: