Anupam Rasayan IPO- Should you Subscribe?

Are you also glued to the long list of IPOs releasing this month? Then we are sure that Anupam Rasayan IPO must have caught your attention. But what do you think, should you subscribe for Anupam Rasayan IPO? 

It is an obvious question as investing in an IPO is usually a dicey and confusing decision. To end this dilemma, let us look at some facts related to the Anupam Rasayan IPO. 

Anupam Rasayan IPO Review

The Anupam Rasayan IPO is set to make an appearance in the market. Here are some details you should look for. 

• The IPO will make its public appearance on March 12, 2021. The closing date of the IPO is March 16, 2021. 
• It has a face value of Rs. 10 per equity share. 
• The issue size of the Anupam Rasayan IPO is Rs. 760 crores. 
• The Anupam Rasayan IPO price band is set at Rs. 553- Rs. 555 per equity share. 
• The market lot is set at 27 shares, with a minimum order quantity of 27 shares and a maximum order quantity of 351 shares.
• The share will be listed in both the exchanges, that is, NSE and BSE. 

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Anupam Rasayan IPO Promoters 

The promoters of Anupam Rasayan company are Mr. Anand S Desai, Dr. Kiran C Patel, Ms. Mona A Desai,  Rehash Industrial and Resins Chemicals Private Limited, and Kiran Pallavi Investments LLC. 

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Anupam Rasayan IPO Objectives 

Each company comes with its IPO with a specific objective in mind. The objective of Anupam Rasayan IPO is, 

• The first objective is to meet general corporate purposes. 
• The second objective of the IPO is to clear/ pay off the debts. 

Still wondering should you subscribe to Anupam Rasayan IPO, let’s make it simpler by digging deep into the company’s detail.

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Anupam Rasayan Company Details 

Anupam Rasayan India Limited, established in 1984, is a part of the leading companies associated with the manufacturing of special chemicals and their custom synthesis. There are two business verticals of the company. 

• Special chemicals related to life sciences are associated with agrochemicals, pharmaceuticals, and personal care. 
• Various other specialty chemicals include polymer additives, dyes, and pigments.  

They aim to manufacture sustainable products using continuously enhancing technologies. This includes flow chemistry, more significant R&D, photochemistry, excellent engineering capabilities to provide the best services to its customers. 

With an intense Research and Development structure, the company has developed a good growth trajectory. This is the reason for the strong market presence of the company. 

The company also has some long-term relationships with well-established companies like Syngenta Asia Pacific Pte Ltd, and many more. The company has a geographical reach covering countries like Europe, Japan, India, and United States. 

They have six established manufacturing units in Gujarat. 4 sites are in Sachin, Surat, and two states of art sites are in Jhagadia, Gujarat.

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Anupam Rasayan Financial Details

The company has no doubt made progress in terms of its financial status as well. So, if you are thinking to subscribe to Anupam Rasayan IPO then here are the summarized financial details of the company over the past three years.  

 

(Rs. in millions)

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Anupam Rasayan Competitive Strengths 

Investing becomes an easier decision when you know about the strengths of the company. Let us now look at the competitive strengths of the company. 

• Anupam Rasayan India Limited has a vast geographical reach. Because of a diversified reach, the company too has a diversified client base. 
• They have an in-house Research and Development team that is responsible for tremendous and continuous innovations. 
• They also have a specific, customized, and diversified product portfolio. 
• Their manufacturing facilities are located very strategically. 
• Their financial track record is great. 
• More than 37 years of experience. 

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Risk Associated with Anupam Rasayan 

Just like the positives, there are some negatives as well that is important to be considered before you subscribe for the Anupam Rasayan IPO.

It is important to discuss both sides so that it becomes easier for you to make a decision. 

• It is dependent on a limited number of customers, thus increasing the risk factor.
• It requires an adequate amount of funds for progressing further because it is capital intensive. If there is a lack of funds, the business will suffer negatively. 
• There is always a regular check on the standard of products of the company. A failure in quality can cause a setback for the business. 

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Final Verdict

It can be quite challenging to reach a decision when looking to invest in a new IPO. There are few things that you should keep in mind before you subscribe for Anupam Rasayan IPO. 

• The company is involved in the manufacturing of specialty chemicals that can be a growth factor in the near future. 
• The company has a diversified client base because of the vast geographical reach. 
• The company has its dependent on a limited number of customers. 

It can be a good option for long-term investments. Now you can easily weigh both sides and make the most profitable decision. 

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