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Archean Chemical IPO share allotment: When & where to check status, listing date and more

Archean Chemical IPO subscribed 141% on day 2

The initial public offer (IPO) of speciality marine chemical manufacturer Archean Chemical was subscribed 141 per cent on the second day of the issue today. The firm received bids for 2.81 crore shares against an IPO size of 1.99 crore shares in the late afternoon session today. The quota for retail investors was subscribed 2.93 times of the allotted portion, while the portion set aside for non-institutional investors was subscribed 2.07 times today.

Archean Chemical IPO subscribed 81% so far on day 2

The initial public offer (IPO) of speciality marine chemical manufacturer Archean Chemical was subscribed 141 per cent on the second day of the issue today. The firm received bids for 2.81 crore shares against an IPO size of 1.99 crore shares in the late afternoon session today. The quota for retail investors was subscribed 2.93 times of the allotted portion, while the portion set aside for non-institutional investors was subscribed 2.07 times today.

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