Archean Chemical Industries Limited IPO
Archean Chemical IPO Review
Archean Chemical Industries Limited is a leading specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers across the world. According to Frost & Sullivan, this company is the largest exporter of bromine and industrial salt by volume in India in Fiscal 2021 and have amongst the lowest cost of production across the globe in both bromine and industrial salt.
Archean Foods Products and Services
This company produce products from their brine reserves located in the Rann of Kutch, located on the coast of Gujarat. Their products are manufactured at the facility near Hajipir in Gujarat. As of June 30, 2022, Archean Chemical Industries have marketed their products to 18 global customers in 13 countries and to 24 domestic customers.
As per the balance statement of the company, their performance is growing contasntly. Investors can think to apply for this IPO.