Anupam Rasayan IPO Allotment Date, Status Check Online: The initial public offer (IPO) of speciality chemicals company Anupam Rasayan India Limited was subscribed 44.06 times on the last day of bidding on Tuesday. The Rs 760-crore Anupam Rasayan IPO's Allotment Status is likely to be finalised on 19th March 2021.

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Here is how you can check Anupam Rasayan IPO Allotment Status directly on BSE WEBSITE bseindia.com:-

Step 1 - Go to link - https://www.bseindia.com/investors/appli_check.aspx

Step 2 - Select Equity

Step 3 - Select Issue Name (Anupam Rasayan IPO)

Step 4-  Enter Application Number as well as PAN

Step 5 - Click on search button to know the Anupam Rasayan IPO Allotment Status

Anupam Rasayan IPO: Subsription Status and other key details to know

- The Rs 760-crore issue received bids for 42,74,80,578 shares against 97,01,809 shares on offer, as per data available with the NSE.

-The category for qualified institutional buyers (QIBs) was subscribed 65.74 times, non-institutional investors 97.42 times and retail individual investors (RIIs) 10.77 times.

- Anupam Rasayan had on Wednesday raised Rs 225 crore from anchor investors.

- The price range for the offer was Rs 553-555 per share.

-Anupam Rasayan commenced operations in 1984 with conventional products and now it makes speciality chemicals that involve multi-step synthesis and complex chemistries.

-The company mainly caters to the agrochemical, personal care and pharmaceutical sectors, which accounted for over 95 per cent of its revenues in 2019-20.

- Its clients include Syngenta Asia Pacific, Sumitomo Chemical Company and UPL Limited.

- Axis Capital, Ambit Private, IIFL Securities and JM Financial were the managers to the offer.