SANMAR
FICCI names Sanmar Group Chairman Vijay Sankar President-Elect for 2026-27
FICCI has appointed The Sanmar Group Chairman Vijay Sankar as its President-Elect for 2026-27. Currently the industry body's Senior Vice President, Sankar will succeed Anant Goenka as President after the FICCI Annual General Meeting and Annual Convention scheduled for November 18-19, 2026, in New Delhi.
Sanmar Group picks majority stake in Hyderabad-based AltEons Energy
The Sanmar Group has acquired a majority stake in AltEons Energy. This investment will help AltEons develop its initial 210 MW hybrid project. The company plans to add another 800 MW to its pipeline this year. Maharashtra remains a key market, with other states also being evaluated. AltEons focuses on wind, solar, and battery storage for consistent power.
Cabot Sanmar announces Rs 220 crore expansion of manufacturing capacity for fumed silica
Cabot Sanmar announced the expansion of their fumed silica manufacturing capacity with an investment of Rs 220 crore ($25 million) to meet growing customer demand in India.
Add Chemplast Sanmar, target price Rs 665: ICICI Securities
Chemplast Sanmar Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 1187.55 Crore) operating in Chemicals sector.
Buy Chemplast Sanmar, target price Rs 650: ICICI Securities
Chemplast Sanmar, incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 6593.17 Crore) operating in General sector.
Buy Chemplast Sanmar, target price Rs 725: ICICI Securities
Chemplast Sanmar Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 1187.55 Crore) operating in General sector.
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Buy Chemplast Sanmar, target price Rs 800: ICICI Securities
Chemplast Sanmar Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 1187.55 Crore) operating in General sector.
N Sankar, industry icon and Chairman of Sanmar, passes away
Among many felicitations, Sankar was awarded the Chemicals and Petrochemicals Award (2019) for distinguished contribution to the petrochemical industry, the Indian Chemical Council’s Lifetime Achievement Award (2015), and the Lifetime Achievement Award at TiECON Chennai (2010)
Buy Chemplast Sanmar, target price Rs 990: IIFL
Chemplast Sanmar, incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 1187.55 Crore) operating in General sector.
Chemplast Sanmar rises 10% after credit rating upgrade
India Ratings and Research (Ind-Ra) has upgraded Chemplast Sanmar's Long-Term Issuer Rating to 'IND A+' from 'IND A-', with a positive outlook.
Chemplast Sanmar zooms 15% after strong Q3 show
The flagship company of Sanmar Group reported a standalone net profit at Rs 142.82 crore for the quarter ended December 2021. It registered a standalone profit at 21.27 crore during the corresponding quarter in the previous year.
Buy Chemplast Sanmar, target price Rs 940: ICICI Securities
Chemplast Sanmar Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 10545.91 Crore) operating in General sector.
Buy Chemplast Sanmar, target price Rs 910: ICICI Securities
Chemplast Sanmar Ltd. key Products/Revenue Segments include Sale of Products, Export Incentives, Scrap, Lease Rentals and Other Services for the year ending 31-Mar-2021.
Chemplast Sanmar makes dull D-Street debut, lists at 3% discount to issue price
This is the second time that the Chemplast Sanmar stock has gotten listed on the stock exchanges. The scrip had earlier been delisted from the bourses in June 2012.
Chemplast Sanmar IPO subscribed 16% on Day 1
Chemplast Sanmar, which is coming with its IPO nearly a decade after delisting from bourses, is offering its shares at 21 times its adjusted FY21 EPS of Rs 26.
Chemplast Sanmar IPO opens today: Key things to know before applying
It is the largest manufacturer of specialty paste PVC resins in India in terms of installed production capacity. The company is eyeing to raise about Rs 3,850 crore from the primary market.
IPOs of Chemplast Sanmar, Aptus Value to open Tuesday
The Rs 3,850-crore issue of Chemplast will be selling shares in the price band of Rs 530-541 per share. The offer comprises a fresh issue up to Rs 1,300 crore and sale of shares worth up to Rs 2,550 crore by the promoters Sanmar Holdings and Sanmar Engineering Services. Bids can be made for a minimum of 27 shares and in its multiples.
Chemplast Sanmar fixes price band at Rs 530-541, IPO opens on Aug 10
Chennai-based Chemplast Sanmar is planning to raise Rs 3,850 crore through its primary offer which consists of a fresh issue of Rs 1,300 crore and an offer for sale (OFS) of Rs 2,550 crore by promoters.
Chemplast Sanmar, Tatva Chintan Pharma Chem get Sebi nod for IPOs
Chemplast Sanmar and Tatva Chintan Pharma Chem obtained Sebi's observations on July 2 and June 30 respectively, an update with Sebi showed on Monday.
Chemplast Sanmar files papers to raise Rs 3,500 crore through IPO
The initial public offer (IPO) comprises a fresh issue of equity shares worth Rs 1,500 crore and an offer for sale of Rs 2,000 crore, according to draft red herring prospectus (DRHP).
Delisted Chemplast Sanmar files papers for Rs 3,500 crore IPO
The company, which was delisted about a decade ago, is now coming back to the stock market and will likely file the draft Red herring Prospectus (DRHP) next one week. It is seeking a valuation of Rs 10,000 crore, said people with knowledge of the matter.
Fairfax India to raise stake in Sanmar Group
The transaction is expected to be completed in the first half of 2019.
Prem Watsa’s Fairfax Financial to buy large stake in Chennai-based Sanmar
Founded by one of Tamil Nadu’s older business families in the 1970s, Sanmar has interests in chemicals, valves, engineering and foundries.
Egyptian PM praises Indian manufacturing facilities
The Prime Minister toured the premises, and received a briefing on the nature of the project, its contribution to the Egyptian economy, and challenges to its growth.
Sanmar Group to raise Rs 250 crore from KKR to reduce debt
The PE fund is likely to subscribe to the convertible debentures issued by Sanmar Engineering Tech, the holding company for the engineering business.
Sanmar Group plans to invest $200 million to expand factory in Egypt
Sanmar Group plans to spend $200 million to expand its polyvinyl chloride (PVC) factory in Port Said's industrial zone in Egypt, the country's Investment Ministry has said.
KKR to give Rs 400 crore structured loan to debt-laden Sanmar Group
Rs 400 crore to Chennai-based Sanmar Group, which is battling to cut debt and resurrect its fortunes after delisting its main company from the bourses.
Sanmar group to invest $1.3 bn for expansion in Egypt
Sanmar Group had acquired Trust Chemical Industries LLC (now TCI Sanmar Chemicals SAE) in South Port Said, Egypt, in March 2007.
Merck acquires Sanmar biz in Bangalore
The Chennai-based Sanmar Group on Tuesday announced the sale of the closely held Bangalore Genei (India) (BGIP) to Merck Specialities.
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