Anupam Rasayan had on Wednesday raised Rs 225 crore from anchor investors.
The price range for the offer was Rs 553-555 per share.
Anupam Rasayan commenced operations in 1984 with conventional products and now it makes speciality chemicals that involve multi-step synthesis and complex chemistries.
The company mainly caters to the agrochemical, personal care and pharmaceutical sectors, which accounted for over 95 per cent of its revenues in 2019-20.
Its clients include Syngenta Asia Pacific, Sumitomo Chemical Company and UPL Limited.
Axis Capital, Ambit Private, IIFL Securities and JM Financial were the managers to the offer.
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