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Chemcon Speciality freezes at 20% lower circuit after stellar debut

The Rs 318 crore IPO had received robust response from the investors and was over-subscribed by 47 times

Chemcon Speciality Chemicals | Buzzing stocks | Markets

Deepak Korgaonkar & Nikita Vashisht  |  Mumbai / New Delhi 

bull, markets, shares, stocks, bse, growth, sensex, nse
Established in 1988, Chemcon Speciality is the only manufacturer of Hexamethyldisilazane (HMDS) in India and 3rd largest in the world

Shares of were frozen at 20 per cent lower circuit at Rs 584.80 on the BSE on Thursday after making a stellar debut at the bourses earlier in the day. The stock of the specialty chemicals company was listed at Rs 731, a 115 per cent premium against the issue price of Rs 340 per share on the BSE. It touched a high of Rs 743.80 intra-day on the exchange today.



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First Published: Thu, October 01 2020. 10:02 IST