Everything You Need to Know About Chemcon Speciality Chemicals IPO

Chemcon Specialty Chemicals is a leading specialty chemicals manufacturer in India. Chemcon 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.

The company is looking to raise Rs. 300 - 400 crores. The issue consists of a fresh issue of shares worth Rs 165 crores and an Offer for Sale for the remaining. You can read the IPO Prospectus for detailed information.

Indicative Timetable

Event Date
Issue Period 21st Sep 2020 - 23rd Sep 2020
Price Range 338 - 340
Minimum Bid Quantity 44
Finalisation of Allotment 28th Sep 2020
Initiation of Refunds 29th Sep 2020
Credit of Shares 30th Sep 2020
Listing 1st Oct 2020
Mandate end date 10th Oct 2020

How do I apply for the Chemcon IPO?

You can apply for the Chemcon IPO on Console using any supported UPI app.

Once you have entered your bid on Console, you will receive a mandate collect request on your UPI app. On acceptance of the mandate, the bid amount will get blocked in your bank account. Read more.

Hey @ShubhS9, why is this IPO not visible in the console?

The IPO opens for subscription on 21st September, will be visible then.

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