Chemcon Speciality Chemicals Limited IPO (Chemcon IPO) Detail

Incorporated in 1988, Chemcon Speciality Chemicals Ltd is a manufacturer of specialized chemical products i.e. HMDS and CMIC. Its product portfolio includes oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide), Pharma intermediates, Silanes, and chemicals contract manufacturing work.

Chemcon Chemicals is a leading manufacturer of Pharmaceutical chemicals and generates maximum revenue from this particular segment. Hetero Labs Limited, Laurus Labs Ltd, Aurobindo Pharma Ltd, Lantech Pharmaceuticals Ltd, Macleods Pharma Ltd are the key customers of its Pharma chemical business. However, Shree Radha Overseas, Universal Drilling Fluids, Water Systems Speciality are some of the clients of its oilfield chemicals segment. In 2018, it was the 8th largest manufacturer of HMDS and 2nd largest manufacturer of CMIC chemical worldwide.

Company not only serves the domestic market but also export its products in overseas market such as USA, China, Japan, UAE, Serbia, Russia, Malaysia, and Azerbaijan. It has a manufacturing plant at Manjusar near Vadodara in Gujarat, 5 operational plants, 3 warehouses, and 2 leased warehouses.

Competitive strengths

• Largest manufacturer of pharmaceutical chemicals across the globe.

• Leading oilfield chemicals manufacturer in India.

• Diversified clientele base in the domestic and global markets.

• Strong and consistent financial performance.

• Dedicated manufacturing plants for each product.

Company Promoters:

KamalKumar Rajendra Aggarwal, Navdeep Naresh Goyal, and Shubharangana Goyal are the promoters of the company.

Company Financials:

Objects of the Issue:

Firm purposes to utilize the net proceeds from the IPO towards below objectives;

• To meet capital expenditures for expansion of manufacturing facility.

• To meet business working capital requirements.

• To meet general corporate purposes.

Chemcon IPO Offer Size by Investor Category

The Percentage of Offer Size available for Allotment/allocation:

• QIBs: 50%
• Non-Institutional Investors: 15%
• Retail Individual Investors: 35%

Chemcon IPO Subscription Status (Bidding Detail)

When Chemcon IPO allotment?

The finalization of Basis of Allotment for Chemcon IPO will be done on Sep 28, 2020, and the allotted shares will be credited to your demat account by Sep 30, 2020. 

When is Chemcon IPO listing date?

The Chemcon IPO listing date is not yet announced. The tentative date of Chemcon IPO listing is Oct 1, 2020.

Visit Website :-

www.finnonomy.com

To Open Demat Account in 5 mins and hassle free  experience completely online.

Or 

Use Referral Code ARGN to get added benefits and additional features.

https://5minwebsite.angelbroking.com/#!

Account opening Requirements:

For More Information Contact Mr Prabhat Pandey 

Phone No 7237975772//7052525903

9129322684

or Mail us at 

dematangelbroking95@gmail.com

Angel Broking Ltd IPO (Angel Broking IPO) Detail

Incorporated in 1996, Angel Broking Ltd is one of India's oldest stockbroking houses providing broking, marging funding, advisory,and financial services through brands "Angel Broking" and "Angel Bee" powered by "ARQ". They have a strong market presence with active clientele on the National Stock Exchange (NSE) with a market share of around 6.3% and 2.15 million operational broking accounts as of June 2020.

It's digital transformation helped it being the 4th Largest comapany in terms of active NSE clients and 2nd largest in terms of incremental NSE clients in Q1 - FY21. Angel Broking being a pioneer in new client activation has access to approximately 79.55 miliion persons as of June 30, 2020. From Q1 FY20 to Q1 FY21, its average daily turnover has been increased from Rs. 253,176 million to Rs. 618,945 million.

Angel Broking Ltd offers some of the key products and financial services to the clients:

1. Broking and Advisory

2. Margin Trading Facility

3. Investor Education

4. Loans against shares

5. Research Services

Competitive Strengths

1. Strong brand name

2. Advanced technology and digitalization

3. Strong client base

4. Pan-India presence

5. Strong financial performance

Company Promoters:

Dinesh D. Thakkar, Ashok D. Thakkar and Sunita A. Magnani are the promoters of the company.

Company Financials:

Summary of financial Information (Restated)

What is the lot size of Angel Broking IPO?

Angel Broking IPO lot size is 49 Shares and the minimum order quantity is 49 Shares.

When Angel Broking IPO allotment?

The finalization of Basis of Allotment for Angel Broking IPO will be done on Sep 29, 2020, and the allotted shares will be credited to your demat account by Oct 1, 2020.

When is Angel Broking IPO listing date?

The Angel Broking IPO listing date is not yet announced. The tentative date of Angel Broking IPO listing is Oct 5, 2020.

Visit Website :-

www.finnonomy.com

To Open Demat Account in 5 mins and hassle free  experience completely online.

Or 

Use Referral Code ARGN to get added benefits and additional features.

https://5minwebsite.angelbroking.com/#!

Account opening Requirements:

For More Information Contact Mr Prabhat Pandey 

Phone No 7237975772//7052525903

9129322684

or Mail us at 

dematangelbroking95@gmail.com