Archean Chemical Industries IPO GMP History
Archean Chemical Industries IPO has been listed on November 21, 2022 at a listing price of ₹450, against the issue price of ₹407 — a gain of ₹43 (+10.57%). The GMP peaked at ₹90 on 19 November 2022 and reached a low of ₹50 on 3 November 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Archean Chemical Industries IPO raised ₹1462.3 Cr. through its IPO at a price band of ₹386 to ₹407 per share, with a lot size of 36 shares. The IPO was open for subscription from 09 Nov 2022 to 11 Nov 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:32 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 19 Nov 2022 | ₹ 90 | — | 22% | — | — |
| 18 Nov 2022 | ₹ 90 | ▲ | 22% | — | — |
| 17 Nov 2022 | ₹ 85 | ▲ | 21% | — | — |
| 16 Nov 2022 | ₹ 80 | ▼ | 20% | — | — |
| 15 Nov 2022 | ₹ 90 | ▲ | 22% | — | — |
| 14 Nov 2022 | ₹ 85 | ▲ | 21% | — | — |
| 12 Nov 2022 | ₹ 75 | — | 18% | — | — |
| 11 Nov 2022 | ₹ 75 | ▲ | 18% | — | — |
| 10 Nov 2022 | ₹ 70 | ▲ | 17% | — | — |
| 09 Nov 2022 | ₹ 60 | — | 15% | — | — |
| 08 Nov 2022 | ₹ 60 | — | 15% | — | — |
| 07 Nov 2022 | ₹ 60 | — | 15% | — | — |
| 04 Nov 2022 | ₹ 60 | ▲ | 15% | — | — |
| 03 Nov 2022 | ₹ 50 | — | 12% | — | — |
Archean Chemical Industries IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 09 Nov 2022
- Close 11 Nov 2022
- Allotment 16 Nov 2022
- Refund/credit 17 Nov 2022
- Listing 21 Nov 2022
Archean Chemical Industries IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹407 |
|---|---|
| GMP-based estimate (pre-listing) | ₹497 (+22.1%) |
| Listing gain / loss | +₹43 per share |
| Listing date | 21 Nov, 2022 |
| Actual listing price | ₹450 (+10.57%) |
Is Archean Chemical Industries IPO GMP reliable?
Grey market premium for Archean Chemical Industries IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Archean Chemical Industries IPO full review for a fundamentals-based assessment before making any grey market trades.
Archean Chemical Industries IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Archean Chemical Industries IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Archean Chemical Industries IPO
Archean Chemical Industries Limited was formed in 2009 by converting a partnership firm into a company. It is the leading speciality marine chemical maker in India and produces and exports bromine, industrial salt and sulphate of potash.
It was India's largest exporter of bromine and industrial salt in Fiscal 2021, exporting 2.7 million MT of industrial salt that year. It is the only maker of sulphate of potash in India.
It sells on a business-to-business basis to 18 global customers in 13 countries and 24 domestic customers.
The IPO was Rs 1,462.30 crore, with Rs 805.00 crore of fresh issue and Rs 657.31 crore of offer for sale. All of the Rs 805.00 crore was planned for redeeming NCDs.
Frequently asked
What is the GMP of Archean Chemical Industries IPO?
The current Grey Market Premium (GMP) of Archean Chemical Industries IPO is ₹ 90.
What is the Kostak Price of Archean Chemical Industries IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Archean Chemical Industries IPO is not available.
What is the Subject to Sauda Price of Archean Chemical Industries IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Archean Chemical Industries IPO?
Archean Chemical Industries IPO listed on November 21, 2022 at ₹450, against the issue price of ₹407 — a gain of +10.57%.
How did the GMP of Archean Chemical Industries IPO trend before listing?
The GMP of Archean Chemical Industries IPO was stable in its final days before listing. The GMP peaked at ₹90 on 19 November 2022. View the day-wise table above for the complete GMP history.
Explore Archean Chemical Industries IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
