Chemcon Speciality Chemicals is another organization in SEBI's endorsement Rundown. It has recorded draft papers with SEBI to raise a First sale of stock. CSCPL is a Vadodara Based Chemcon organization. It is the main maker of pharmaceuticals, Silanes, and oilfield synthetic concoctions. It is situated in Manjusar close Vadodara in the territory of Gujarat. The Chemcon Specality Chemicals IPO will hope to raise about Rs. 350 crores. The organization intends to offer Rs 175 crore for New Issue and 43 lakh value portions of Offer available to be purchased from the advertisers.
The offer will oversee by Serious Financial administrations and Ambit Capital. It will propose to list on BSE and NSE.
According to the DRHP Source, The Chemcon Company has referenced in its Draft Outline it is the main maker of HMDS (Hexamethyldisilazane) in India. It additionally said that the world's second-biggest producer of Chloromethyl Isopropyl Carbonate (CMIC) and Calcium Bromide situated in India.
The organization supplies its items to local clients and sent out to different nations, for example, the US, China, Japan, UAE, Russia, and Malaysia.
Hetero Labs, Aurobindo, Laurus Labs, and Ind-Quick Labs are the principal clients of the Organization.
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