Anupam Rasayan India (Anupam Rasayan) will open the bid/issue period in relation to its initial public offering of equity shares (IPO) on Friday, March 12, 2021 and close on Tuesday, March 16, 2021.

The price band for the offfer has been decided at Rs. 553.00 - Rs. 555.00 per equity share. The company may, in consultation with the book running lead managers (BRLMs), consider participation by anchor investors which shall be one working day prior to the bid / kissue open date, i.e. Wednesday, March 10, 2021.

The Issue aggregating up to Rs. 7,600 million comprises a complete fresh issuance of Equity Shares, and will be listed on BSE Limited and the National Stock Exchange of India Limited. The ompany proposes to utilise the Net Proceeds towards repayment/prepayment of certain indebtedness availed by the Company and for general corporate purposes.

Anupam Rasayan is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India.

From FY18 to FY20, the Company's total revenue has increased at a CAGR of 24.29 % and its EBITDA for FY20 stood at Rs 1,348.96 million all of our facilities restarted operations, subject to certain adjustments in working patterns and limited workforce. Despite the impact of the COVID-19 pandemic, the Company's revenue from operations significantly increased by 45.03% from Rs 3,718.07 million in the nine months ended December 31, 2019 toRs 5,392.20 million in the nine months ended December 31, 2020.

Axis Capital Limited, Ambit Private Limited, IIFL Securities Limited and JM Financial Limited are the book running lead managers to the Issue (BRLMs).