IPO

Chemcon Speciality Chemicals Limited IPO

Mainboard

Chemicals

Listed On: Oct 1, 2020 at ₹ 731.00

₹ 14960 /44 Shares

Check Allotment

21 Sep, 2020

Open Date

23 Sep, 2020

Close Date

29 Sep, 2020

Allotment Date

01 Oct, 2020

Listing Date
Price Summary

Last Closing

201.59 (-40.71%)

52 Week High

295.00

52 Week Low

160.00

Last Update

12-Dec-2025 3:30 PM
IPO Live Subscription Details
QIB 113.54x
Retail 41.15x
NIIs 449.14x
Retail 41.15x
Total 149.30x
Last updated: 2020-09-23 17:00:00
IPO Issue Details
  • Issue Price 338 to 340 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 9,800,000 Eq Shares of ₹10(aggregating up to ₹284.00 Cr)
    Fresh Issue: 5,500,000 Eq Shares of ₹10(aggregating up to ₹165.00 Cr)
    Offer for Sale: 4,500,000 Eq Shares of ₹10(aggregating up to ₹[NA] Cr)
  • Listing at BSE, NSE
  • List Price 731.00
  • Listing Date 2020-10-01
  • Lead Manager Ambit Private Limited
    Intensive Fiscal Services Private Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion N/A
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹338 - 340 per equity share, which has a face value of ₹10 Per Equity Share  each, IPO bidding starts from Sep 21, 2020 and ends on Sep 23, 2020. The allotment for IPO will be finalized on Sep 29, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 1, 2020. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Ambit Private Limited, Intensive Fiscal Services Private Limited.


The IPO sets its price band at 338 - 340 for each share. A single application for Chemcon Speciality Chemicals Limited IPO must contain at least 44 shares.

Read More
IPO Subscription Analysis And Details
Retail
41.15x
QIB
113.54x
NII
449.14x
Total
149.30x
As on QIB NII Retail Total
Shares Offered / Reserved 1,868,344 1,407,249 3,283,580 6,559,173
Day 1 21-09-20 05:00 PM
0.00 x 1.24 9.83 x 5.19 x
Day 2 22-09-20 05:00 PM
1.37 x 3.50 22.88 x 12.60 x
Day 3 23-09-20 06:45 PM
113.54 x 449.14 41.15 x 149.30 x
Valuations
Earnings Per Share (EPS) ₹13.47
P/E Ratio 25.25
RoNW 34.23%
Net Asset Value (NAV) - Post Issue ₹44.91
Company Financials
In Crs.
In Cr.
31-Mar-20 31-Mar-19 31-Mar-18 31-Mar-17
Assets 225.79 173.03 97.06 62.68
Revenue 266.01 305.32 158.39 89.99
Profit After Tax 48.85 43.04 26.38 2.82
IPO - Issue Objectives
1

To meet capital expenditures for expansion of manufacturing facility.

2

To meet business working capital requirements.

3

To meet general corporate purposes.

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Chemcon Speciality Chemicals Limited 6.68 22.66 34.23 266.02 Cr
Aarti Industries Limited 6.35 39.39 16.11 4195.15 Cr
Vinati Organics Limited 8.76 34.60 25.31 1079.86 Cr
Atul Limited 6.26 30.62 20.43 4171.10 Cr
Sudarshan Chemicals Industries Limited 5.09 25.13 20.27 1712.87 Cr
Fine Organics Industries Limited 15.35 61.42 35.45 1058.27 Cr
Paushak Limited 5.28 35.79 14.75 142.50 Cr
Neogen Chemicals Limited 10.44 55.59 18.78 306.22 Cr