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Archean Chemical Industries Limited IPO: All you need to know

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Archean Chemical Industries Limited (ACIL) IPO opens for subscription on 9th November and closes on 11th November. Let us look at the IPO details and the company. 

Archean Chemical Industries Limited IPO Details

  • Price band: Rs. 386 – Rs. 407
  • Issue Size: •         Rs. 1,462.31 crore (Fresh issue of Rs. 805 crore & remaining OFS)
  • Reservation: QIB 75%, Retail – 10%, NII 15%
  • Minimum Investment: Investors need to make a minimum investment of Rs. 14,652
  • Bid lot: Investors can bid for 36 shares and in multiples of 36 shares

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