Chemcon Company Info
Chemcon is a leading manufacturer of Pharmaceutical intermediates and Oilfield Chemicals (Completion Fluids). At Chemcon, an ISO 9001:2015 certified company, they manufacture all our products complying GMP guidelines and completion fluids of unmatched purity, complying with highest standards (API-RP-13J) of quality in Oilfield Industry.
Proceeds from the IPO will be used to:
Meet capital expenditures for expansion of manufacturing facility. Support business working capital requirements. Accommodate general corporate purposes.
Item Value Issue Size 318 Cr Face Value 10/- per Equity Share IPO Price 338 – 340 Lot Size 44 Minimum Lots 1 Maximum Lots 13
Date Type Date Bid Open 21/09/2020 Bid Close 23/09/2020 Allotment Finalization 28/09/2020 Initiation of Refunds 29/09/2020 Credit of Shares 30/09/2020 Listing Date 01/10/2020
LOT SIZE AND PRICING
Lots Shares Amount 1 44 14,960 13 572 1,94,489
Holding Percentage Pre-Issue 100% Post-Issue 74.47% Investor Quota and Overall Subscription Status
Investor Type Quota Shares on Offer Subscription Status QIBs 50% – 113.54x Non-Institutional (NII) 15% – 449.14x Retail (RII) 35% – 41.15x
Day-wise Subscription Status
Day Day 1 Day 2 Day 3 QIB 0.04x 2.83x 89.71x NII 0.78x 4.96x 678.88x RII (Retail) 5.68x 15.53x 35.63x Employee 0.28x 1.04x 3.88x Total 2.10x 7.52x 157.41x
Latest Company News
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