IPO || Chemcon Chemicals IPO || Company Overview || Lot size || Tentatives Dates || How to Apply

IPO || Chemcon Chemicals IPO || Company Overview || Lot size || Tentatives Dates || How to Apply

About the company:-

Chemcon Speciality Chemicals Ltd. is Incorporated in 1988, Company Core Business is a manufacturer of specialized chemical products i.e. HMDS and CMIC. Its product portfolio includes oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide), Pharma intermediates, Silanes, and chemical contract manufacturing work.

CHEMCON is an ISO 9001:2015 and 14001:2015 certified company. Company have manufacturing plant located in Manjusar near Vadodara in the state of Gujarat, Western India.

Chemcon Chemicals is a leading manufacturer of Pharmaceutical chemicals and generates maximum revenue from this particular segment. Major customers include:- Hetero Labs Limited, Laurus Labs Ltd, Aurobindo Pharma Ltd, Lantech Pharmaceuticals Ltd, Macleods Pharma Ltd.

However, Shree Radha Overseas, Universal Drilling Fluids, Water Systems Speciality are some of the clients of its oilfield chemicals segment. In 2018, it was the 8th largest manufacturer of HMDS and 2nd largest manufacturer of CMIC chemical worldwide.

Chemcon Speciality Chemicals Ltd. supplies its products to domestic customers and also exports products to countries including the US, People’s Republic of China, Japan, United Arab Emirates, Azerbaijan, Serbia, Russia, and Malaysia.

Now company is come up with a 350 Crore Initial Public Offer(IPO).

Chemcon IPO Dates, Price Band, Lot size:

 Bid Open: 21 September 2020
 Bid Close: 23 September 2020
 IPO Size: Approx ₹318 Crore
 Price Band: ₹338 – ₹340 Per Share
Listing on: BSE & NSE
Retail Portion: 35%
QIB Portion:50%
NIB Portion:15%
 Lot Size:Minimum 44 Shares 
Maximum 572 Shares
 Minimum Amount:₹14960/-
 Maximum Amount:₹194480/-

Chemcon IPO Allotment Tentative Date:-

Finalization of  Basis of Allotment:28 September 2020
 Initiation of Refunds:29 September 2020
 Credit to Demat Account:30 September 2020
 IPO Listing Date:01 October 2020

How to Apply for Chemcon  IPO:-

Now you can apply IPO through your De-MAT account. Just simply log in to your De-MAT Account and Go to the IPO section under the Investment option and select open IPOs and make payment through UPI Apps. and 2nd ways to apply is through the ASBA facility available in your Bank Account you have to just log in to your net banking and go to the Investment option and select Open IPO list, and if you have not Net banking then you can apply offline through Filling a simple form with your Brokers.

For Free Demat Account Opening or any Other Assistant you may Contact on +9187088-20004

Company Registered Address:

Chemcon Speciality Chemicals Ltd. 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

Website: www.cscpl.com

Chemcon IPO book running lead managers:

  • Ambit Private Limited
  • Intensive Fiscal Services Private Limited
Our Review on Chemcon IPO:-

we will update our review shortly stay in touch.

Spread the Knowledge

Leave a Reply

Your email address will not be published. Required fields are marked *