Chemcon IPO fully subscribed withing 2 hours; retain quota sees 3 times bids

Chemcon IPO fully subscribed withing 2 hours; retain quota sees 3 times bids

NEW DELHI: The initial public offering (IPO) of Chemcon Speciality Chemicals was subscribed 1.58 times on Monday as of 12.04 pm. Out of 65,59,173 shares on offer, the issue had received applications for 1,03,88,356 shares. The retail quota saw huge applications and was fully subscribed within 45 minutes of opening for subscription. Out of 32,83,580 … Read more

Chemcon Speciality raises Rs 95.4 crore from anchor investors

Chemcon Speciality raises Rs 95.4 crore from anchor investors

Mumbai: Chemcon Speciality Chemicals has raised Rs 95.4 crore through allotment of 28.06 lakh shares to anchor investors at Rs 340 per share, according to an exchange notification. IDFC Emerging Business Fund, IDFC Dynamic Equity Fund, ICICI Prudential Child Care Plan Gift Plan, IIFL Special Opportunities Fund Series 7, HSBC Global Investment Funds, Mirae Asset … Read more