Details
- Dates: 21-23 Sept 2020
- Issue Size: ₹318 Cr
- Offer for Sale: ₹153 Cr (Around 48% of the issue)
- Fresh Issue: ₹165 Cr (Around 52% of the issue)
- Price Band: ₹338-340
- Post issue market capitalisation: ₹1,238 Cr – 1,245 Cr
- Market Lot: 44 Shares amounting to ₹14,960
- Promoter Holding Pre IPO: 100%
- Promoter Holding Post IPO: 87.72%
- IPO Listing At BSE, NSE
Objectives of the Issue
- To meet capital expenditures for expansion of manufacturing facility
- To meet business working capital requirements
- To meet general corporate purpose
Company Description
- Chemcon Specialty Chemicals specializes in the manufacture of Calcium bromide, Sodium bromide, and Zinc Bromide.
- It caters to oil and gas companies, API (Active Pharmaceutical Ingredient) manufacturers, and also provided contract manufacturing solutions.
Promoter
Financials
Risk Factors
Company Positives
(Disclaimer: I am not a SEBI registered investment adviser, kindly consult your financial adviser before taking any investment decisions.)