Business Standard

Chemcon Speciality Chemicals Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

318.00 cr

Price Range (₹)

340

Lot Size

44

Min Investment (₹)

14,960.00

Listing Exchange

MumbaiNSE

Open Date

21-Sept-2020

Close Date

23-Sept-2020

Listing Date

01-Oct-2020

Chemcon Speciality Chemicals Ltd News

    The Shares of Chemcon Speciality Chemicals Ltd have now been listed.

    Chemcon Speciality Chemicals Ltd IPO Details

    Initial Public Offering of up to (*) equity shares of face value of Rs. 10 each (equity shares) of Chemcon Speciality Chemicals Limited (the company or the issuer) for cash at a price of Rs. (*) per equity share (including a premium of Rs.(*) per equity share)(issue price) aggregating up to Rs. (*) Crores. The issue comprises of a fresh issue of up to (*) equity shares aggregating up to 175 Crores (fresh issue) and an offer for sale of up to 4,300,000 equity shares aggregating up to Rs. (*) Crores, comprising of up to 2,150,000 equity shares by Kamalkumar Rajendra Aggarwal aggregating up to Rs. (*) Crores, and upto 2,150,000 equity shares by Naresh Vijaykumar Goyal aggregating upto Rs. (*) Crores,(together, the selling shareholders) (the offer for sale, and together with the fresh issue, the issue). The issue will constitute (*) % of the post-issue paid-up equity share capital.The price Band is Rs.338 to Rs.340 per equity share of Rs.10 each.The Floor Price Rs.33.8 and the Rs. 34 of the face value of the Equity shares.

    Objective of issue

    Capital Expenditure towards Expansion of Manufacturing Facility. To Meet Working Capital Requirements. General Corporate Purposes.

    Chemcon Speciality Chemicals Ltd Contact Details

    Chemcon Speciality Chemicals Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - investor.relations@cscpl.com

    Website - www.cscpl.com