Chemcon IPO to hit the market on 21 September 2020 and closes on 23 September 2020. Chemcon will be on demand IPO and the GMP is looking very very strong for last few days. Investors will choose this IPO against the Angel and CAMS IPO. As per the market estimated the IPO might be subscribed over 40 times in retail. Let’s see how it will come up. Check
Chemcon IPO GMP day by day.
Latest Update: Chemcon IPO subscribed 148.99x times, QIB 113.54x, HNI 449.14x and RII 40.53x times overall. Superb subscription numbers for a Chemcon IPO.
Chemcon IPO Subscription Numbers
(Over Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 1.37x | 113.54x |
| HNI | 1.24x | 3.50x | 449.14x |
| RII | 9.83x | 22.94x | 40.53x |
| EMP | N/A | N/A | N/A |
| Total | 5.19x | 12.62x | 148.99x |
Chemcon IPO Dates & Price Band:
| IPO Open: | 21 September 2020 |
| IPO Close: | 23 September 2020 |
| IPO Size: | Approx ₹318 Crore (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹338 – ₹340 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 9,352,940 Shares |
Chemcon IPO Market Lot:
| Lot Size: | Minimum 44 Shares & Maximum 572 Shares |
| Minimum Amount: | ₹14,960 |
| Maximum Amount: | ₹194,480 |
Chemcon IPO Allotment & Listing:
| Basis of Allotment: | 28 September 2020 |
| Refunds: | 29 September 2020 |
| Credit to Demat Account: | 30 September 2020 |
| Listing Date: | 1 October 2020 |
