Chemplast Sanmar IPO GMP-Should you invest?
preface
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Introduction
In this post we discuss about chemplast sanmar ipo should you invest is it a
good enough chemplast and sanmar both are different companies
Sanmar Group was developed in South India only in 1967, its parent organization
is Sanmar Holdings Limited, if you talk about Sanmar as Taiup Company. Some
of its list are given below, you can check them out. And Chemplast company
established in 1985. Sanmar Group does more than 50 yrs, complete belong
" Vinplex India Pvt. Ltd., Shl Property Holdings Limited, Polytrusions Pvt. Ltd. "
About
Chemplast Sanmar ipo which is the largest leading business group of Sanmar
Group South India If you are from South India then you must have heard about
it.Sanmar Group is the leading company under the chemical sector, in this what you
are seeing Chemplast and Sanmar, it is not actually the name of same
company. There are two different companies but both these companies are branches
of Sanmar.
" This IPO is going to open on 10th August, if you want to apply as retail then you will start investment from at least Rs 14607."
Now here comes whether it would be right to invest in the IPO of this group or company or not
COMPANY OVERVIEW
This company makes many types of chemicals, materials etc. Agro Chemicals
Pharma Chemicals Cooling gas makes industrial salts, caustic soda , chloro
chemicals , hysdrogen peroxide and much more
If we look at its valuation, then in general many people forget to calculate the valuation in all these things.
VALUATION(PE)
price/EPS(FY21)
CHEMPLAST=17.68
INDUSTRY AVERAGE =43
RESERVATION
QIB = 75%
NII = 15%
RETAIL = 10%
STRENGTH
It has four manufacturing facility, among which , 3 are situated that mettur, berigai
and cuddalore in tamilnadu and other is located in puducheri karaikal
Largest manufacturer of speciality paste PVC resins in india in terms of installed
production capacity 3rd largets manufacturer of caustic soda and largest
manufacturer of hydrogen peroxide
here is the list of company financial of chemplast sanmar
they has also given details of why the company is coming out with this IPO.
the net proceed from the ipo will be utilized towards the following purpose
a. early redemption of NCD'S issued by the company in full .
b. meet general corporate purpose
SHOULD YOU INVEST :
After reading all this, you must have understood whether you should invest or not,
you can review the chart of the company overall. Its growth rate has increased very
fast in 2021 as you can see in the chart. Personally, I found its valuation quite
amazing, in this many big company's investors have invested their
money. According to me, this IPO should be bought, the scope is good in it, now the
thinking is yours, only do not go to our analysis, if possible, do it yourself too.
Some of the total results of this IPO are mentioned in the list below.
CONCLUSION
so the final conclusion is that this i Its simple condition, the company
with which it has tied up and it's total growth rate tells us that this IPO
will be the best for your investment. Just be updated about it from time
to time and I will suggest you buy only 541 equity shares of it The longer
you invest in Mutual Funds or Index Funds, the more profit it will give
you We are not professional, we just share our opinion with the people,
by doing so we record what is better for you. In such a situation, if you
have to suffer loss, then we will not be responsible for it.
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