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Archean Chemical Industries Ltd
Registered Office: No 2 North Crescent Road, T Nagar, Chennai - 600017, Tamil Nadu
Phone: 91-44-61099999
Email: arunmozhi@archeangroup.com
Website: www.archeanchemicals.com
Initial public offer of 35,928,869^ equity shares of face value of Rs. 2 each (Equity Shares) of Archean Chemical Industries Limited (the Company or the Issuer) for cash at a price of Rs. 407 per equity share (including a share premium of Rs. 405 per equity share) (Offer Price) aggregating to Rs. 1462.31 crores (the Offer) comprising a fresh issue of 19,778,869^ equity shares aggregating to Rs. 805.00 crores by the company (the Fresh Issue) and an offer for sale of 16,150,000^ equity shares aggregating to Rs. 657.31 crores by the selling shareholders (the Offer for Sale) comprising 2,000,000^ equity shares aggregating to Rs. 81.40 crores by Chemikas Speciality llp (the Promoter Selling Shareholder), 3,835,562^ equity shares aggregating to Rs. 156.11 crores by India Resurgence Fund, Scheme i, 6,478,876^ equity shares aggregating to Rs. 263.69 crores by India Resurgence Fund, Scheme ii and 3,835,562^ equity shares aggregating to Rs. 156.11 crores by Piramal Natural Resources Private Limited (collectively, the Investor Selling Shareholders, and together with the promoter selling shareholder, the Selling Shareholders and such equity shares offered by the selling shareholders, the Offered Shares). The offer constitutes 29.20% of the post-offer paid-up equity share capital of the company. ^Subject to finalisation of the basis of allotment. The face value of equity shares is Rs. 2 each. The offer price is 203.50 times the face value of the equity shares. Bids can be made for a minimum of 36 equity shares in multiples of 36 equity shares thereafter.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
09-Nov-2022	11-Nov-2022	₹ 407.00	₹ 0.00

Minimum Application for shares in Nos : 36 Further Multiples of : 36
	(₹)Cr.	Lead Managers to the Issue
Project Cost	769.97	ICICI Securities Ltd
Project Financed through Current Offer	1,462.31
Post Issue Equity Share Capital	24.61
Issue Price	₹407.00

Projects
Redemption or earlier redemption, in part or full of NCDs issued by the Company
General corporate purposes

Promoted By
Chemikas Speciality LLP
Ravi pendurthi
Ranjit pendurthi

Listing At
BSE
NSE

Registrar to the Issue
Link Intime India Pvt Ltd

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