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Chemcon IPO: How momentum in the pharma sector is positive for the company

Chemcon Speciality is the only manufacturer of HMDS in India & 3rd largest worldwide. Besides, it is the largest player of CMIC in India. Both these chemicals are predominantly used in pharma sector

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Chemcon Speciality Chemicals | IPOs | Specialty chemicals

Nikita Vashisht  |  New Delhi 

On September 18, the company raised Rs 95.4 crore through allotment of 2.806 million shares to anchor investors at Rs 340 per share
On September 18, the company raised Rs 95.4 crore through allotment of 2.806 million shares to anchor investors at Rs 340 per share

Pharmaceutical and oilfield chemical manufacturer Chemcon Speciality Chemicals’ initial public offering (IPO) is set to open today. With a price band of Rs 338-Rs 340, the company plans to raise up to Rs 318 crore during its three-day public offer which closes on Wednesday, September 23.

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First Published: Mon, September 21 2020. 07:39 IST
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