Chemcon Speciality Chemicals, CAMS IPO: Check allotment status here

The bumper reaction to the intial community provides (IPOs) of Chemcon Speciality Chemicals and Computer Age Mamagement Expert services (CAMS), has lifted hopes for their stellar listing at the bourses, likely on Oct one. The allotment of shares for these two IPOs has been finalised and traders may well look at the position possibly on the BSE web page or on Link Intime India.

An applicant monitoring BSE web page can look at on “Equity” box and pick out his/her “Issue Name” in the dropdown menu — possibly Chemcon Speciality Chemicals or CAMS. After that, sort your “Application Amount” in the box, “Long term Account Amount (PAN No.)” and simply click on “Look for” button.

Traders may well also look at the position on Link Inktime India and observe the exact ways as talked about earlier mentioned.

CAMS’s IPO, the largest in FY21 so much and well worth Rs two,242 crore, was subscribed forty seven moments. The situation, which was open for subscription involving September 21 to 23, observed non institutional investor (NII) quota receiving subscribed 111 moments. The quota for competent institutional bidders (QIBs) was subscribed seventy three.18 moments, retail quota 5.fifty four moments and the employees’ quota one.16 moments.

Computer Age Management Expert services (CAMS), a technological innovation-pushed economic infrastructure and products and services service provider to mutual cash (MFs) and other economic establishments, had lifted Rs 666.fifty six crore from anchor traders. The the community supply of CAMS was upsized by fifty per cent to let NSE, one particular of its vital shareholders, to divest its holdings. In February, funds marketplaces regulator Securities and Exchange Board of India (Sebi) had directed the NSE to divest its overall 37.5 per cent stake in CAMS in just a calendar year.

Vadodara-based Chemcon Speciality Chemicals’ Rs 318 crore-well worth IPO, on the other hand, was subscribed 149 moments. Chemcon’s superior internet well worth individual part was subscribed 450 moments, its institutional part was subscribed 113 moments, and retail was subscribed forty moments. The company is a producer of specialised chemical goods, and its solution portfolio consists of oilfield chemical substances and pharma intermediates. The Rs 318-crore IPO comprised of a contemporary situation of Rs a hundred sixty five crore and an supply for sale (OFS) of Rs 153 crore. The corporation had allotted Rs 95 crore for 13 anchor traders. Read through More

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