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Chemplast Sanmar lists at discount on BSE; what's next?
The public offer aggregating up to Rs 3,850 crore had a fresh issue of up to Rs 1,300 crore and an offer for sale of up to Rs 2,550 crore.
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Chemplast Sanmar shares list at Rs 550 apiece; about 2% premium
The stock opened at Rs 550 apiece on the National Stock Exchange (NSE) a premium of 1.66% or Rs 9 over its issue price of Rs 541.
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Chemplast Sanmar may list at marginal premium
Shares of the Chemplast Sanmar are quoting at a premium of Rs 12 over its issue price of Rs 541 per share.
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Chemplast Sanmar IPO subscribed over 2 times on last day
As of FY21, the net worth of the company was negative, however, post-IPO it will turn positive
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Chemplast Sanmar IPO subscribed 26% so far
The issue opened for bidding on Tuesday (10 August 2021) and it will close on Thursday (August 12, 2021).
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Chemplast Sanmar IPO opens today; key points
Chemplast Sanmar was delisted from the BSE, the NSE and MSE with effect from June 25, 2012, June 18, 2012 and June 25, 2012, respectively.
