Chemcon Speciality Chemicals Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹338 - ₹340
- Lot size
- 44 shares
- Issue amount
- ₹318 cr
- Total subscription
- 0×
- Opens
- 21 Sept 2020
- Closes
- 23 Sept 2020
- Allotment
- 29 Sept 2020
- Listing
- 1 Oct 2020
Offer at a glance
Issue overview
- Issue size
- 93,52,940 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,872
- Fresh issue
- ₹165 cr
- Offer for sale
- ₹153 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,960
- Issue type
- Bookbuilding IPO
- Shares before issue
- 3,17,77,760
- Shares after issue
- 3,66,30,701
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 44 | ₹14,960 |
| sHNI | 14 | 616 | ₹2,09,440 |
| bHNI | 67 | 2,948 | ₹10,02,320 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 63.52 | 7,212.24 |
| RETAIL | 111.64 | 4,593.55 |
| NIB | 47.85 | 21,489.97 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Chemcon Speciality Chemicals Ltd, incorporated in 1988, is engaged in the manufacturing of specialised chemicals such as HMDS and CMIC, along with oilfield chemicals including calcium bromide, sodium bromide, and zinc bromide, pharma intermediates, silanes, and contract manufacturing services. Pharmaceutical chemicals form the largest part of its revenue, with key customers comprising Hetero Labs, Laurus Labs, Aurobindo Pharma, Lantech Pharmaceuticals, and Macleods Pharma, while in the oilfield chemicals segment it caters to clients like Shree Radha Overseas, Universal Drilling Fluids, and Water Systems Speciality. In 2018, the company ranked as the eighth-largest HMDS manufacturer and the second-largest CMIC manufacturer globally, highlighting its strong market position. Chemcon serves both domestic and international markets, exporting to countries such as the USA, China, Japan, UAE, Serbia, Russia, Malaysia, and Azerbaijan, and operates its manufacturing facility at Manjusar near Vadodara, Gujarat, which includes five production plants, three owned warehouses, and two leased warehouses.
Strengths
- World's largest producer of pharmaceutical chemicals.
- India's top manufacturer of oilfield chemicals.
- Serving customers across India and worldwide.
- Strong and steady financial growth.
- Specialized manufacturing plants for each product.
Promoters
KamalKumar Rajendra Aggarwal
Navdeep Naresh Goyal
Shubharangana Goyal
Registrar & documents
Lead manager
Ambit Private Limited, Intensive Fiscal Services Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Block Number 355, Manjusar Kunpad Road Manjusar Village, Taluka Savli Vadodara 391775
91 98795 64107
[email protected]Company website ↗Understanding CHEMCON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.