Archean Chemical Industries, whose initial public offering (IPO) saw a strong response from bidders during its bidding process between November 9, 2022, and November 11, 2022, is expected to finalise the allotment of shares today i.e., November 16, 2022.
The Archean Chemical Industries IPO comprised an offer for sale (OFS) of up to 1,61,50,000 equity shares and a fresh issue of equity shares worth ₹805 Crore. The IPO received bids for 64,31,78,772 shares as against 1,99,57,325 shares on offer. The price band for the Archean Chemical Industries IPO was ₹386-₹407 per share.
Archean Chemical Industries IPO: How To Check Your Allotment Status?
The shares of Archean Chemical Industries are likely to debut on the NSE (National Stock Exchange) and the BSE (Bombay Stock Exchange) on November 21, 2022. The speciality marine chemical manufacturer will be finalising the allotment of its shares today i.e., November 16, 2022. The credit of allotted Archean Chemical Industries shares is expected to be done by November 18, 2022.
Link Intime India Private Ltd. is the registrar for the Archean Chemical Industries IPO. To check the allotment status of the Archean Chemical Industries IPO, you can visit the BSE website or the official Link Intime India Private Ltd. website.
Steps To Check Archean Chemical Industries IPO Allotment Status Via BSE
Visit the official BSE website at https://www.bseindia.com/investors/appli_check.aspx.
Select the ‘Equity' option under the ‘Issue type' section.
Under the ‘Issue name' section, select ‘Archean Chemical Industries'.
Enter any one of the following details- IPO application number or your PAN number.
Select the 'I am not a Robot' button.
Click on the ‘Search' button to view your Archean Chemical Industries allotment status.
Steps To Check Archean Chemical Industries IPO Allotment Status Via The Registrar
Visit the official Link Intime India Private Ltd. website at https://linkintime.co.in/mipo/ipoallotment.html.
Select ‘Archean Chemical Industries - IPO' in the drop box.
Enter any one of the following details- PAN number, IPO application number, or DP client ID.
Click on the ‘Search' button to check your Archean Chemical Industries IPO allotment status.
If you have placed a bid for the Archean Chemical Industries IPO but do not receive the allotment of shares, you will receive a refund of your bidding amount by November 17, 2022. The listing of the Archean Chemical Industries shares on the bourses is expected to be on November 21, 2022.
Also Read: Archean Chemical IPO: All You Need To Know
For more information on upcoming IPOs, take a look at the BQ Prime IPO Watch.
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