Group debt, share pledge serve as major overhang for Chemplast, investors may wait
Issue dates: August 10-12, 2021 Price band: Rs 530-541 per share Issue size: Rs 3,850 crore Implied Market cap: Rs 8,500 crore Lot size: 27 shares ET Intelligence Group: Chemplast Sanmar, a speciality chemicals company catering to footwear and auto-upholstery segments, plans to raise Rs 3,850 crore through the initial public offering to reduce debt. … Read more