Chemcon Speciality Chemicals Limited IPO Message Board (Page 29)

Expected price band was around 300 I guess as per Eagleye ma'm. The co. has announced it more than 10 percent. Is the pricing justified?

Why Dilip Davda Sir's review is not available?

Chemical IPO
GMP 215 +/- 1
Kostak 425 +/- 25

Chemical IPO
Listing expected 600 – 625

Comparison between recent IPOs based on issue size and subscription figure. Now decide which one is better.

HMT Issue size -> 600 Cr
ROUTE Issue size -> 600 Cr
CAMS Issue size -> 2244 Cr
CHEMCON Issue ize -> 318 Cr

HMT Retail portion size -> 70 Cr
ROUTE Retail portion size -> 210 Cr
CAMS Retail portion size -> 777 Cr
CHEMCON Retail portion size -> 111 Cr

HMT Min. Applications for Retail Quota -> 46958
ROUTE Min. Applications for Retail Quota -> 148368
CAMS Min. Applications for Retail Quota -> 526870
CHEMCON Min. Applications for Retail Quota -> 74398

HMT Applied Retail Applications -> 22 Lakhs
ROUTE Applied Retail Applications -> 15.2 Lakhs
CAMS Applied Retail Applications -> 22 Lakhs (Tentative)
CHEMCON Applied Retail Applications -> 23 Lakhs (Tentative)

HMT Times(X) Retail Applications -> 46.85 X
ROUTE Times(X) Retail Applications -> 10.11 X
CAMS Times(X) Retail Applications -> 4.17 X (Tentative)
CHEMCON Times(X) Retail Applications -> 30.91 X (Tentative)

@Jainvipul sir, I will post it in Angel broking page in few hours after taking my dinner :)

Very good comparison and useful to take decision. If possible, your estimation for
CAMS Times(X) NII Applications ->
CHEMCON Times(X) NII Applications ->
may be furnished. I use to make 3 applications under RII and 1 application under NII in good IPOs.

8

My prioirty-wise list of application in he forthcoming 3 IPOs

My 1st Choice
Chemcon Speciality Chemicals Limited IPO

My 2nd Choice
Computer Age Management Services Ltd IPO

My 3rd Choice
Angel Broking Ltd IPO

Will consider this.

What is your view aniket ji, g.kumar ji for this three ipo(CAM, chemcon,angle)?

Expert please ranking all of three ipo, which one is better for expert .
Thanks in adavance????

From Listing Gain Perspective , Chem... &
From Allotment point of view , CAMS &
For Dare Devils only , ABL

CAMS, CHEMCON & ANGEL BROKING
3 me se kon se 2 apply karna chahiye ?

exhaust your chance in CAMS first as the probability is high. Still money left, then apply for CHEMCON.

Chance to get allotment
Apply issue size wise If you have shortage of funds
CAMS 2244 cr
Angel Broking 600 cr
Chemcon speciality 318 cr ( chance of getting allotment very less )

Long Term Investment scrip
CAMS
Chemcon specility ( only can be considered as Phamaceuticals are doing well this year )

My prioirty-wise list of application in he forthcoming 3 IPOs

My 1st Choice
Chemcon Speciality Chemicals Limited IPO

My 2nd Choice
Computer Age Management Services Ltd IPO

My 3rd Choice
Angel Broking Ltd IPO

Dear Admin,
Can You Please Arrange One Common Space For All The "IPO Guru" Tagged Experts To Express Their Views For Each IPO Like "Subscribe" / "Long-Medium-Short" Term etc etc In One Line Like The Way You Present Different Brokerage Houses Views.

Dear Sir,
We added this feature few years back but people didn't use it. Eventually we removed it.

I have two demate Account of my Name one from Zerodha and one from Angle. can i Subscribe from both account.please advice

Don't listen to Satish
Bidding for IPO doesn't depends on the number of Dmat accounts or Bank accounts you have, it solely depends on the PAN CARD.
For a single PAN you can apply one application only.
For ex. If you have 2 dmat accounts apply for ipo through anyone of them.
Also, applying for more than 1 application from a single PAN will get your applicatin rejected.

Never, simple one pan one application

Koshtak 425/-

शेयर मार्केट में खास कर IPO में कोई रिसर्च काम नही आयेगी
IPO मे यदि अंतिम दिन SUBSCRIPTION बेस्ट हो तो अप्लाई करे

THIS IS MY 10 YEAR EXPERIENCE

शेयर मार्केट ओनली न्यूज़ पर काम करता हे ।
जब तक हमरे पास कोई न्यूज़ आती हे तो शेयर की प्राइज़ चेंज हो चुकी होती हे

बाते छोटी जरुर है पर किताबो मे नही मिलेगी केवल अनुभव द्वारा ही सम्भव हे

jeevan patwa
@jeevanpatwa
Chemcon RHP
- SEBI insider trading case filed against promoters
- Criminal case filed by CBI
- Multiple group companies with diversified businesses
- concentrated product portfolio and clients
- HMDS is highly inflammable.. Massive fire broke in

Look @ one of the name of promoter includes - Naresh Goyal.
Coincidently whenever & wherever such name exists there is some fraud associated with it.

Chemcon Speciality Chemicals IPO – Schedule *(Page 294 of the RHP)*

16th Sept – Announcement of Price Band
18th Sept – Anchor Investors Allotment
21st Sept – Offer Opens
23rd Sept – Offer Closes
28th Sept – Finalisation of Basis of Allotment
29th Sept – Unblocking of ASBA Accounts
30th Sept – Credit of Equity Shares to Depository Accounts
01st Oct – Commencement of Trading


Chemcon Speciality Chemicals IPO – Issue Information *(FINAL)*

Issue Opens on: 21 September 2020
Issue Closes on: 23 September 2020
Issue Type: Book Built Issue IPO
Issue Size: 93,52,941 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.338 – Rs.340 per Share
Discount: NIL
Market Lot: 44 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,17,77,760 Shares
Fresh Issue of 48,52,941 Shares @340/- = Rs.165.00Crs
Offer for Sale of 45,00,000 Shares @340/- = Rs.153.00Crs
Equity Shares outstanding after the Issue = 3,66,30,701 Shares

Category-wise Break up:
Anchor – 28,05,883 Shares = 95.40Crs
QIB – 18,70,588 Shares = 63.60Crs
NII – 14,02,941 Shares = 47.70Crs
RII – 32,73,529 Shares = 111.30Crs (Lot size: 44 = 74,398 Forms)
Total Issue – 93,52,941 Shares = 318.00Crs.

Subscription required for 1X
RII = 74,398 Forms
NII = 47.70 Crs


Chemcon Speciality Chemicals IPO – Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.00.89 (Page #82 of DRHP)
EPS for FY17-18 >>> Rs.08.30 (Page #86 of RHP)
EPS for FY18-19 >>> Rs.13.54 (Page #86 of RHP)
EPS for FY19-20 >>> Rs.15.37 (Page #86 of RHP)

RoNW for FY16-17 >>> 10.44% (Page #83 of DRHP)
RoNW for FY17-18 >>> 49.20% (Page #87 of RHP)
RoNW for FY18-19 >>> 44.94% (Page #87 of RHP)
RoNW for FY19-20 >>> 49.20% (Page #87 of RHP)

NAV as on March 31, 2020 was Rs.44.91 (Page #87 of RHP)

Listed Industry Peer Group (Page #84 of DRHP): Aarti Industries, Vinati Organics, Sudarshan Chemical Industries, Atul, Paushak, Fine Organic Industries, Neogen Chemicals

 
Chemcon Speciality Chemicals IPO – *Market’s Current Estimates of oversubscription*:

RII = 15.00L Forms = 20.16X Applic. wise (Avg allotment of ~2.18 shares per lot)
NII = 15K Crs. = ~314.47X

Interest cost *@8.00%p.a.* for 7days = 52.16paise for 1X

Thus, for NII the costing = 314.47 X 52.16paise = Rs.164.04 per share (= GMP)

And, for RII the costing = 2.18 X 164.04 = Rs.358/- (= Kostak)


Chemcon Speciality Chemicals IPO – *GMP Estimated*
GMP 230 +/- 2
Kostak 500 +/- 25

What is the future this IPO Sir Ji

Chemical IPO
GMP 237 +/- 1
Kostak 500 +/- 25

Gmp of chemcon chemical is 188 - 192..

is it a good sign???

Any expertise....
Is it to good to apply for this??????