247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Chemcon Speciality Chemicals Limited IPO (Chemcon Speciality Chemicals IPO) Details

Chemcon Speciality Chemicals Limited is an Chemical - Speciality based company, located in Vadodara, Chemcon Speciality Chemicals Limited IPO size was 318.00 Cr. and was issued at 340.00 per share. The share of Chemcon Speciality Chemicals Limited were listed at 584.80 per share and are currently trading at 222.61 per share.

Type :
Sub Sector : Manufacturer Of Specialized Chemicals
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
266.02 Cr.

PAT :
48.85 Cr.

Pricing Report

Issue Price :
340.00

Listing Price :
584.80

Current Market Price :
222.61

Issue Price vs CMP :
117.39 (34.53%)

listing Price vs CMP :
362.19 (61.93%)

Performance Report (CAGR* wise)

CAGR : -9.36
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Chemcon Speciality Chemicals

Company Information
Chemcon Speciality Chemicals Limited specializes in manufacturing chemicals, including HMDS and CMIC, primarily used in the pharmaceutical industry, and inorganic bromides such as Calcium Bromide, Zinc Bromide, and Sodium Bromide, predominantly utilized as completion fluids in the oilfields industry. In 2018, it was the sole manufacturer of HMDS in India and ranked as the eighth-largest producer globally, as well as the largest manufacturer of CMIC in India and the second-largest worldwide, based on production and capacity (source: Frost & Sullivan Report). Additionally, it was the only manufacturer of Zinc Bromide and the largest producer of Calcium Bromide in India during the same period. The company supplies products domestically and exports to countries such as the United States, China, Japan, UAE, Azerbaijan, Serbia, Russia, and Malaysia.
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Object of Issue
  • To meet capital expenditures for expansion of manufacturing facility
  • To meet business working capital requirements
  • To meet general corporate purposes

Chemcon Speciality Chemicals MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2020
IPO Size :
318.00 Cr.
IPO Subscription :
149.30 X     
PE Multiple :
25.49
Merchant Banker :
Intensive Fiscal Services Private Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Chemcon Speciality Chemicals operates in Chemical - Speciality and Manufacturer Of Specialized Chemicals. The Issue is listed on MainBoard in Oct, 2020. Chemcon Speciality Chemicals IPO size was 318.00 Cr. with Issue price of 340.00 .

Merchant Banker(s) of Chemcon Speciality Chemicals IPO: Intensive Fiscal Services Private Limited , Ambit Private Limited

Chemcon Speciality Chemicals IPO subscription was 149.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Chemcon Speciality Chemicals IPO listed at a listing price of 584.80 against the offer price of 340.00.

The current market price of Chemcon Speciality Chemicals is 222.61.

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