Chemcon IPO

Issue Open Date21-September-2020
Issue Close date23-September-2020
Subscription Timings10 AM – 5 PM
Bid Lot44 Shares
Investment Per LotRs. 14,960/-

Chemcon IPO Business Overview

Established in 1798, Chemcon Speciality Pvt Ltd is the leading name in the chemical business across the globe. Chemcon is manufacturing it’s chemical products in India and exporting to countries like Malaysia, Thailand, China, Japan, South Korea, Russia, UAE, Serbia, Germany, Spain and USA. Chemcon Speciality mainly deals in four types of chemical products such as Oilfield chemicals, Pharmaceuticals Chemicals, Silances, and contract manufacturing.

1. Speciality Chemicals –  Chemcon speciality chemicals ltd is one the leading manufacturers of the specialised chemical products. i.e. HDMS and CMIC. These chemicals are primarily used by the pharmaceutical industry.

2. Oilfield Chemicals – Chemcon speciality another range of chemical products such as Calcium Bromide, Sodium Bromide and Zinc Bromide.

3. Pharma CIntermediates, APIs, Silanes.

4. Contract Manufacturing

Competitive Strengths

  • Largest manufacturer of pharmaceutical chemicals across the globe.
  • Diversified chemical products range
  • Diversified clientele from the leading world markets
  • Strong and constistent financial performing company
  • Dedicated manufacturing plants for each products

Company Financial Statements

ParticularsFY 2020FY 2019FY 2018FY 2017
Total Assets226 Cr173 Cr97 Cr63 Cr
Total Revenue266 Cr305 Cr158 Cr90 Cr
Profit After Tax49 Cr43 Cr26 Cr2.8 Cr

Why Chemcon Speciality Issuing IPO?

  • Required capital expenditures for the expansion of manufacturing capacity of demanding chemical products.
  • Required working capital for the business growth.
  • Other general company purposes

Chemcon IPO Details

IPO Date21st to 23rd Sep-2020
Issue TypeBook Built Issue IPO
Issue Size318 Crores
Face ValueRs. 10 Share Each
Number of Shares9,352,940 Equity Shares
IPO Price (Per Share)Rs.338 to Rs. 340
Lot Size44 Equity Shares
Offer for Sale (Size in Rupees)153 Crores
Offer for Sale (Size in Shares)4,50,000 Equity Shares

Chemcon IPO Date

Bid/Offer Open Date21st September 2020
Bid/Offer Close Date23rd September 2020
Allotment Date28th September 2020
Initiation of Refunds29th September 2020
Credit of Shares in Demat Account29th September 2020
IPO Share Listing Date1st October 2020

Chemcon IPO Lot Size & Price

Maximum13572Rs. 1,94,480

Chemcon IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding74.47%

Chemcon IPO Offer Size by Investor Category

Non-Institutional Investors15%
Retail Individual Investors35%

Chemcon IPO Registrar

Link Intime India Private Limited

Chemcon IPO Related FAQ’s

How many lots can be subscribe any individual investors?

One individual investor can apply for the maximum 13 lots of 572 equity shares in the Chemcon IPO.

How I can be inform getting allotment of Chemcon IPO?

You will receive a mail from your demat account holding company regarding receivable of allotment of shares against your application.

Which payment modes are available for Chemcon IPO Subscription?

You can do it via net banking, UPI payments apps like BHIM, Google Pay, Phone Pe and other apps.

If I don’t get a Chemcon IPO Subscription when my money will be reversed in my bank account?

If you do not receive an allotment your money will be returned to your bank from 29th September 2020 and it may take 2-3 business days.

When I Can Sell my shares of Chemcon IPO?

You can sell it on the listing date i.e. 1st October 2020.