Chemspec Chemicals IPO GMP, Chemspec Chemicals Grey Market Premium
Chemspec Chemicals IPO: Chemspec Chemicals IPO GMP (Chemspec Chemicals Grey Market Premium), Chemspec Chemicals IPO Date, Chemspec Chemicals IPO Review, Chemspec Chemicals IPO Benefits & Risks. We will update Chemspec Chemicals GMP daily. Also, all information related to Chemspec Chemicals IPO like price band, all dates, issue size and retail parts etc. All the important information about Chemspec Chemicals IPO is given below.
Chemspec Chemicals IPO
Chemspec Chemicals has emerged as an acknowledged leader in the manufacturing of various bulk drug intermediates and personal care ingredients. In addition, the company manufactures intermediates for skin and hair care products, FMCG components, and anti-hypertensive drugs. The IPO of Chemspec Chemicals Limited is expected in early 2022. Chemspec Chemicals Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs - crore through IPO (Initial public offering).
Chemspec Chemicals IPO will open on February 2022 and close on February 2022. The price band of the Tracxn IPO is ₹- to ₹-. Chemspec Chemicals Ltd is looking to raise around ₹700 crores through an initial public offering (IPO). Chemspec Chemicals IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Chemspec Chemicals IPO listing date is - February 2022. Chemspec Chemicals Limited IPO GMP (Grey Market Premium) is Given below.
you can know about Chemspec Chemicals Limited's financial performance in the Financial section. The company has made a profit of ₹81.08 crores in the financial year 2021. Chemspec Chemicals IPO Size is ₹- crores. In this IPO, approx ₹700 will be sold under OFS (Offer for sale). The IPO of Chemspec Chemicals will be listed on NSE and BSE. Chemspec Chemicals IPO face value is ₹- per equity share.
We will talk about Chemspec Chemicals' financial, benefits, and risks of investing in the company.
Read About
What is Chemspec Chemicals IPO GMP Today?
Chemspec Chemicals IPO GMP is ₹.
What is Chemspec Chemicals IPO Date?
Chemspec Chemicals IPO Opening date is February 2022.
What is Chemspec Chemicals IPO Expected Return?
Chemspec Chemicals IPO Expected Returns is approx -%.
About Chemspec Chemicals Limited
Chemspec Chemicals was established in the year 1978. Chemspec Chemicals primarily manufactures various bulk drugs and intermediates of personal care ingredients. The company currently provides pharmaceutical intermediates and specialty chemicals for the bulk drug companies and personal care industries to customers in the domestic market as well as globally. The company has established a strong domestic and international presence with its wide product portfolio.
The company has established itself as a reliable supplier with high-quality products and a perfect delivery schedule. The company manufactures quality products by strictly adhering to its sound manufacturing practices. Chemspec Chemicals' mission is to become a leader in the global markets by developing a broad portfolio of related products and in the bulk pharmaceutical intermediates.
The company is a global player and is researching globally to manufacture eco-friendly products. The company aims to become a leader in the manufacture of ingredients for personal care, detergents (soaps), and pharma intermediates in India. Also, the company is continuously working to achieve maximum customer satisfaction.
Important Links:
- Chemspec Chemicals Ltd Website
- Chemspec Chemicals DRHP
- Chemspec Chemicals RHP
Purpose of the offer
- The company in its offer is offered for sale (OFS) of ₹700 Crores worth of equity shares by the promoters.
- To prepay/repay all or a part of the dues raised by the company.
- To meet general corporate objectives.
Chemspec Chemicals GMP Today (Grey Market Premium)
[Note: Chemspec Chemicals Ltd IPO GMP has not started yet]
| DATE | GMP | KOSTAK | Subject to Sauda |
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| February | ₹ | ₹ | ₹ |
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| February | ₹ | ₹ | ₹ |
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| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
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| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
Chemspec Chemicals IPO Date and Price Band Details
Chemspec Chemicals IPO open date: February 2022, Closing date: February 2022, and Listing date: February 2022. The price band of Chemspec Chemicals IPO is ₹- to ₹-per share. Chemspec Chemicals IPO issue size is Rs 700 crores. Chemspec Chemicals Ipo retails portion is 10%, QIB Portion is 50%, and NII Portion is 35%.
| IPO Open: | February 2022 |
| IPO Close: | February 2022 |
| Listing Date: | February 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹700 Crores |
| Fresh Issue: | N/A |
| Offer For Sale: | Approx ₹700 Crores |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Chemspec Chemicals IPO Market Lot & Size
Chemspec Chemicals IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | - Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 14 |
| Maximum Lot Size: | - Shares |
| Maximum Amount: | ₹- |
Chemspec Chemicals IPO Allotment & Listing Date
| Ipo Opening Date: | February 2022 |
| IPO Closing Date: | February 2022 |
| Basis of Allotment: | February 2022 |
| Refund Date: | February 2022 |
| Credit to Demat Account: | February 2022 |
| Listing Date: | February 2022 |
Chemspec Chemicals IPO Review
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Chemspec Chemicals Ipo Review
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Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company has a presence in the country as well as globally.
- The company has a manufacturing plant accredited by the Food and Drug Administration.
- The company has a diverse portfolio of products which helps in attracting more customers.
- Chemspec Chemicals has a professional board of directors, experienced promoters, and a management team.
- The company is continuously working to achieve maximum customer satisfaction.
- The financial track record of the company has been excellent, with the company earning Rs 81.08 crore in FY 2021.
Risks
- The company is dependent on another company for some raw malls, due to some reason, there may be a negative impact on the company due to shortage of raw material, price of goods, and supply disruption.
- The company does not have long-term contracts with most of its vendors and customers. If their customers buy products from someone else, the company may suffer.
- A big question is whether the company will be able to sustain its profits in the years to come.
- The maximum revenue of the company comes from a small number of customers.
- Any increase in the cost of their raw materials or other imports, or a shortage of raw materials, can have a negative impact on the price and supply of the goods, as well as the company.
- The COVID-19 pandemic has had a negative impact on the Company's business and is likely to continue to do so in the future.
- The sector in which the company operates has many big players, making the company face competition.
Chemspec Chemicals Financials
Chemspec Chemicals Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2018 | ₹242.64 | ₹335.26 | ₹5.15 |
| 2019 | ₹254.49 | ₹607.01 | ₹60.74 |
| 2020 | ₹257.42 | ₹510.33 | ₹81.08 |
Promoters
The promoters of the company are:
- Mitul Vora
- Jayant Vora
- Rushabh Vora
- Bhaichand Amoluk Consultancy Services LLP
Contact Details of Chemspec Chemicals
Chemspec Chemicals Limited
Plot No. 3-C, MIDC Taloja, Tal – Panvel, District – Raigad,
Navi Mumbai – 410 208, Maharashtra, India
Tel.: +91 22274 01932
E-mail: investor.relations@chemspec.co.in
Website: www.chemspec.co.in
Chemspec Chemicals Lead Managers
- Axis Capital Limited
- JM Financial Limited
Chemspec Chemicals IPO Registrars
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: Chemspec.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Conclusion
Chemspec Chemicals manufactures intermediates for medicinal APIs in skin and hair care items, FMCG components, antihypertensive drugs. The company's financial track record has been excellent. The company had a profit of Rs 81.08 crore in FY 2021. But the company is facing a lot of competition in this sector. Our recommendation will be updated when the ChemSpec Chemicals IPO price band and other IPO details are announced. Chemspec Chemicals Limited's financial statement and other information are given above.
Chemspec Chemicals IPO FAQs
What is Chemspec Chemicals IPO GMP Today?
Chemspec Chemicals IPO GMP is ₹- as of today.
What is Chemspec Chemicals IPO Opening Date?
Chemspec Chemicals IPO Opening date is February 2022.
What is the Chemspec Chemicals IPO Closing Date?
Chemspec Chemicals IPO Closing date is February 2022.
What is the Chemspec Chemicals IPO Allotment date?
Chemspec Chemicals IPO Allotment Date is February 2022.
What is Chemspec Chemicals IPO Listing Date?
Chemspec Chemicals IPO Date is February 2022.
What is Chemspec Chemicals IPO Kostak Rate?
Chemspec Chemicals IPO Kostak rate is ₹-.
What are Chemspec Chemicals IPO Expected Returns?
Chemspec Chemicals IPO Expected Returns is -%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Chemspec Chemicals Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Chemspec Chemicals Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
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