IPO Central

Chemplast Sanmar IPO description – The company is a specialty chemicals manufacturer in India with focus on specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors. Chemplast Sanmar is among the leading manufacturers of specialty paste PVC resin in India on the basis of installed production capacity, as of 31 December 2020. In addition, the company is also the third largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in the South India region, on the basis of installed production capacity as of 31 December 2020 and one of the oldest manufacturers in the chloromethanes market in India. Chemplast Sanmar also acquired 100% equity interest in CCVL that is the second largest manufacturer of suspension PVC resin in India and the largest manufacturer in the South India region, on the basis of installed production capacity as of 31 December 2020.

Chemplast Sanmar has four manufacturing facilities, of which three are located in Tamil Nadu at Mettur, Berigai, and Cuddalore, and one is located in Puducherry at Karaikal. The company has a coal-based captive power plant of 48.5 MW at its Mettur Facility and two natural gas-based captive power plants of 8.5 MW and 3.5 MW respectively, at the Karaikal Facility.

Promoters of Chemplast Sanmar – Sanmar Holdings Limited