Anupam Rasayan: Here’s Why You Can Subscribe?

Specialty chemicals company, Anupam Rasayan India opened its Rs 760-crore initial public offering (IPO) for bidding on March 12. The issue will close on March 15. It is completely a fresh issue by the company and the net funds will get utilised for debt repayment.

Even though brokerages feel the issue is aggressively priced compared to its peers, all the broking firms that Moneycontrol spoke to assigned a subscribe rating to the issue citing consistent strong financial performance, good long-term relationship with customers, diversified and customised product portfolio of the company.

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Anupam Rasayan: Here’s Why You Can Subscribe?


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