Chemcon Speciality Chemicals Limited Rs 338 to Rs 340 From to
About Company Chemcon Speciality Chemicals Limited permalink
Chemcon Speciality Chemicals Limited was established in 1988 . Currently, it is having head office in Gujarat. Chemcon works in the sector of Chemcon Speciality Chemicals Limited woks in pharma and chemical sector. . Chemcon has experience of 32 .
Chemcon Speciality Chemicals Limited manufactures Calcium bromide, Sodium bromide and Zinc Bromide, offering major oil and gas companies worldwide. Company is having high production base for oilfield chemicals and pharma chemicals. Chemcon Speciality Chemicals Limited manufactures Calcium bromide, Sodium bromide and Zinc Bromide, offering major oil and gas companies worldwide.
The company having revenue of 2660 CR in Financial year 2019-20. Chemcon made profit of Rs 488.53 CR in Financial year 2019-20. Kamal Kumar Aggarwal, Navdeep Goyal, and Shubharangana Goyal are the promoters of Chemcon Specialty Chemicals Limited company.
Chemcon IPO issue open date is 21st September 2020 and close date is 23rd September 2020 . The face value for Chemcon Speciality Chemicals Limited IPO is Rs 10 per equity share. The total IPO size is approx Rs 165 crore.
The price band for Chemcon is Rs 338 to Rs 340. The lot size for Chemcon IPO is a minimum of 44 shares to maximum 572 shares. This IPO will be listed on BSE and NSE. Chemcon IPO total equity is 4500000 shares.
Chemcon IPO Market Lot and Investment Amount permalink
To invest in Chemcon Speciality Chemicals Limited's initial public offering starting from 21st September 2020 you need to invest minimum Rs 14872, however you can also invest up to Rs 194480, considering the upper price of IPO Rs 340 and maximum allottable shares (572 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 44 shares.
Chemcon IPO was subscribed only 148 times times. Which is considered as a poor subscription compared to other IPOs. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 1868344 shares and received bids for 212131777 shares which is 113.54 times of total meant for QIB category.
Chemcon Speciality Chemicals Limited's IPO was subscribed 82% on the first day.
Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 1407249 and bid for 632051815 shares received . Bid from NII for Chemcon Speciality Chemicals Limited's IPO is 449.14 times of total meant for NII category.
Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 3283580 and bid for 135119317 shares received . Bid from RII for Chemcon 's IPO is 41.15 times of total meant for RII category.
The total number of shares offered were 6559173 and bid for 979284528 shares received .
Chemcon initial public offering of 4500000 equity shares of the face value of Rs 10 aggregating up to ₹ 165 Crores. Chemcon IPO issue open date is 21st September 2020 and close date is 23rd September 2020 .