Saturday, September 12, 2020

Chemcon IPO Date, Review, Price Band, Form & Market Lot Details


Chemcon Speciality Chemicals Limited aka Chemcon IPO is date is 21st September 2020 and closes on 23rd September 2020. It is pharmaceutical chemicals manufacturing company having plan to launch Rs 350 crore initial public offer. Baroda-based company Chemcon is incorporated in 1988 currently dealing HMDS and CMIC chemical products. They strong network not only in Indian market but also providing products in International market including USA, China, Japan, UAE, Serbia, Russia, Malaysia, and Azerbaijan. Chemcon IPO comprises of a fresh issue of Rs 175 crore and an offer for sale of 4,300,000 equity shares of face value Rs 10. The Chemcon IPO date and price band is announced Rs.338-340. They have main manufacturing plant at Manjusar in Vadodara with larget capacity. Check out the Chemcon IPO IPO date, price band, and market lot details. 
 
Equity Shares outstanding prior to the Issue = 3,17,77,760 Shares
Fresh Issue of 48,52,941 Shares @340/- = Rs.165.00 Crores
Offer for Sale of 45,00,000 Shares @340/- = Rs.153.00 Crores
Equity Shares outstanding after the Issue = 3,66,30,701 Shares

Category-wise Break up:
Anchor: 28,05,883 Shares = 95.40 Crores
QIB: 18,70,588 Shares = 63.60 Crores
NII: 14,02,941 Shares = 47.70 Crores
RII: 32,73,529 Shares = 111.30 Crores (Lot size: 44 = 74,398 Forms)
Total Issue: 93,52,941 Shares = 318.00 Crores.

Subscription required for 1X
RII = 74,398 Forms
NII = 47.70  Crores

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Chemcon IPO Dates & Price Band:

 IPO Open:  21 September 2020
 IPO Close:  23 September 2020
 IPO Size:  Approx ₹318 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹338 - ₹340 Per Share 
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  9,352,940 Shares

Chemcon IPO Market Lot:

 Lot Size:  Minimum 44 Shares & Maximum 572 Shares
 Minimum Amount:  ₹14,960
 Maximum Amount:  ₹194,480

Chemcon IPO Allotment & Listing:

 Basis of Allotment:  28 September 2020
 Refunds:  29 September 2020
 Credit to Demat Account:  30 September 2020
 Listing Date:  1 October 2020

Chemcon Speciality Chemicals IPO Form:

How to apply the Chemcon Speciality Chemicals IPO? You can apply Chemcon IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Chemcon IPO in the Invest section. The other option you can apply Chemcon IPO via IPO forms download via NSE and BSE. Check out the Chemcon forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Chemcon Speciality Chemicals Financial:

  ₹ in Crore

Revenue Expense PAT
2016 - - -
2017 90 86 3.3
2018 158.4 118 17
2019 305.3 244 14
2020 266 201 19

Company Promoters:

  • KamalKumar Rajendra Aggarwal
  • Navdeep Naresh Goyal
  • Shubharangana Goyal

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

Chemcon IPO Registrar:

C-101, First Floor, 247 Park,
Lal Bhadur Shastri Marg, Vikhroli (West), Mumbai 400 083
Tel: +91 22 4918 6200
Email: chemcon.ipo@linkintime.co.in
Investor Grievance E-mail: chemcon.ipo@linkintime.co.in
Website: www.www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registation No. INR000004058
Note: Check Chemcon Speciality Chemicals IPO allotment status on Link Intime website allotment URL. Click Here

Chemcon IPO Lead Managers:

  • Ambit Private Limited
  • Intensive Fiscal Services Private Limited

Company Address:

Registered Office:Block Number 355,
Manjusar Kunpad Road, Manjusar Village,
Taluka Savli,Vadodara 391775;
Gujarat; Tel:+91 98795 64107
Corporate Office:9th Floor, Onyx Business Centre,
Akshar Chowk, Old Padra Road, Vadodara 390020,
Gujarat; Tel:+91 265 298 1195
Contact Person: Shahilkumar Maheshbhai Kapatel,
Company Secretary and Compliance Officer;
Tel: + 91 265 298 3754;
E-mail:investor.relations@cscpl.com;
Website: www.cscpl.com
Corporate Identity Number:U24231GJ1988PLC011652

Chemcon Speciality Chemicals FAQs:


When Chemcon IPO will open for Anchor Investors?
The Anchor Investors bidding is on 21 September 2020.

When Chemcon IPO will open for QIB, NII, and Retail?
The IPO to open on 21 September 2020 for QIB, NII, and Retail Investors.

What is Chemcon IPO Investors Portion?
The investors' portion for QIB-50%, NII-15%, and Retail 35%.

>How to Apply the Chemcon IPO?
You can apply Chemcon Speciality Chemicals IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Chemcon IPO Allotment Date?
Chemcon IPO allotment date is on 28 September 2020. You can check IPO allotment here.

What is Chemcon IPO Size?
Chemcon IPO size is Rs 318 crore.

What is Chemcon IPO Listing Date?
Chemcon IPO listing date is 1 October 2020. The IPO to list on NSE and BSE.

Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)