Chemplast Sanmar IPO Opens Today:

The IPO of Sanmar Chemplast, a specialised chemicals producer, can all be subscribed today. In Tamil Nadu there are four production facilities.

Chemplast Sanmar does not raise money from the primary market however for the first time. In June 2012, it was delisted in stock exchanges almost a decade ago.

The IPO of Chemplast Sanmar will open for subscription on Tuesday, August 10, and will close on Thursday, August 12.

CHEMPLAST SANMAR LTD.

Issue Period: 10^th Aug to 12^th Aug 2021

Strengths

Strong market position in speciality chemicals

Well-positioned to capture favorable industry dynamics

Leadership position in an industry with high barriers to entry

Risks

Reduction in the demand for specialty paste PVC resin

Inability to accurately forecast demand for the products and manage the inventory

Impact of coronavirus disease (COVID-19) on business, results of operations and financial condition