Chemcon Speciality Chemicals Limited IPO
Chemcon Speciality Chemicals Limited was a mainboard IPO in the Specialty Chemicals sector, offered at ₹338–₹340 per share to raise ₹318 crore. The issue was subscribed 149.33× overall (QIBs 113.54×, NIIs 449.14×, retail 41.21×). It listed on 1 Oct 2020 at ₹731 and closed its first day at ₹585, a listing gain of +72.0% versus the ₹340 issue price. It now trades around ₹182 (-46.5% versus the issue price).
Frequently asked questions
- How many times was the Chemcon Speciality Chemicals Limited IPO subscribed?
- The Chemcon Speciality Chemicals Limited IPO was subscribed 149.33× overall — 113.54× in the QIB category, 449.14× among non-institutional investors, 41.21× in retail.
- What were the Chemcon Speciality Chemicals Limited IPO listing gains?
- Chemcon Speciality Chemicals Limited listed on 1 Oct 2020 at ₹731, closing its first day at ₹585 — a listing gain of +72.0% versus the ₹340 issue price.
- What were the retail allotment odds for the Chemcon Speciality Chemicals Limited IPO?
- Retail was subscribed 41.21×, so a single-lot application had roughly a 2.4% chance of allotment (about 1 in 41), and allotment was finalised on 25 Sep 2020.
- What was the price band and lot size of the Chemcon Speciality Chemicals Limited IPO?
- The price band was ₹338–₹340 per share, with a minimum lot of 44 shares (₹14,960 at the upper band).
- Who were the registrar and lead manager for the Chemcon Speciality Chemicals Limited IPO?
- Link Intime India Private Limited was the registrar, and Intensive Fiscal Services was the book-running lead manager.