Saturday, September 19, 2020

Chemcon IPO Subscription Numbers & Status Details


Chemcon IPO to hit the market on 21 September 2020 and closes on 23 September 2020. Chemcon will be on demand IPO and the GMP is looking very very strong for last few days. Investors will choose this IPO against the Angel and CAMS IPO. As per the market estimated the IPO might be subscribed over 40 times in retail. Let's see how it will come up. Check Chemcon IPO GMP day by day.

Latest Update: Chemcon IPO subscribed 148.99x times, QIB 113.54x, HNI 449.14x and RII 40.53x times overall. Superb subscription numbers for a Chemcon IPO.


Chemcon IPO Subscription Numbers
(Over Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.00x 1.37x 113.54x
HNI 1.24x 3.50x 449.14x
RII 9.83x 22.94x 40.53x
EMP N/A N/A N/A
Total 5.19x 12.62x 148.99x

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