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How is Chemcon Speciality IPO?

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How is Chemcon Speciality IPO?

Chemcon Speciality Chemicals, which earns around 65 percent revenue from the pharmaceutical industry, opened with a bumper 115 percent premium over issue price on October 1. The stock listed at Rs 730.95 per shares on the BSE, against its issue price of Rs 340 per share, meeting analysts’ expectations.

Is Chemcon IPO fully subscribed?

The initial public offering (IPO) of Chemcon Speciality Chemicals, which serves pharma and oil well industries, was subscribed 0.78 times on Monday as of 10.45 am. The retail quota saw huge applications and was fully subscribed withing 45 minutes of the bidding process.

Is Chemcon debt free?

The company, it said, has a healthy balance sheet with stable cash flows. Its net debt was Rs 44 crore with a debt-to-equity ratio of 0.3 in FY20.

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Is Chemcon IPO allotted or not?

On what basis Chemcon IPO shares are allotted to retail investors? If Chemcon IPO oversubscribed in the retail category, the Chemcon IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). If enough shares are not available, a lottery is drawn to choose the investors.

What was the issue price of Chemcon Speciality?

The issue is priced at ₹338 to ₹340 per equity share. The minimum order quantity is 44 Shares. The IPO opens on Sep 21, 2020, and closes on Sep 23, 2020.

How many times can I subscribe to IPO Chemcon?

Chemcon IPO Subscription Status Live Chemcon IPO subscribed 149.30 times. The public issue subscribed 41.15 times in the retail category, 113.54 times in QIB, and 449.14 times in the NII category by Sep 23, 2020.

What was the IPO price of Chemcon?

₹340 per equity share
Chemcon IPO Listing Date

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Listing Date Thursday, October 1, 2020
NSE Symbol CHEMCON
Listing In B Group of Securities
ISIN INE03YM01018
IPO Price ₹340 per equity share

How can I check allotment shares in an IPO?

How to check Tega Industries IPO allotment status at BSE

  1. Login at direct BSE link — bseindia.com/investors/appli_check.aspx;
  2. Select Tega Industries IPO;
  3. Enter your Tega Industries IPO application number;
  4. Enter PAN details;
  5. Click at ‘I’m not a robot’; and.