Chemcon IPO GMP Today, Check Daily Movement


Chemcon Speciality Chemicals IPO opened today for subscription. Priced in the range of INR338 – 340 per share, the IPO will end up mobilizing up to INR318 crore. The manufacturer of specialized chemicals which are used in the pharmaceuticals and oilfields industry, has attracted a strong fancy in grey market. With premiums in the informal market soaring to nearly 70% of the IPO price, the offer is eagerly awaited. Check out the latest Chemcon IPO GMP (Grey Market Premium), Kostak rates and Subject to Sauda rates here.

Chemcon IPO details

Subscription Dates 21 – 23 September 2020  
Price Band INR338 – 340 per share
Fresh issue INR165 crore
Offer For Sale 45,00,000 shares (INR152.1 – 153 crore) 
Total IPO size INR317.1 – 318 crore
Minimum bid (lot size) 44 shares
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE

The manufacturer of specialty chemicals is leader in most products it deals in and counts a long list of customers in pharma and chemicals industries.  It is important to note that Chemcon IPO grey premium is currently trading high, the rates can change overnight. Therefore, please contact your financial advisor before investing.

Chemcon IPO GMP (Grey Market Premium) rates

Date GMP (in INR) Kostak (in INR) Subject to Sauda (in INR)
30 Sep 2020340
29 Sep 2020380
28 Sep 202040050012,000
26 Sep 20202903009,000
25 Sep 20202904009,000
24 Sep 20202503008,000
23 Sep 20202503007,500
22 Sep 20202004506,000
21 Sep 2020 230 500 6,500
19 Sep 2020 200 500 6,500
18 Sep 2020 200 450 5,500
17 Sep 2020 200 300 4,500
16 Sep 2020 180 300 4,500
15 Sep 2020 180 250 4,500
14 Sep 2020 160 250 4,000

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Important points about IPO grey market and IPO GMP

IPO grey market movements may change very quickly and rates may be volatile. It is risky to base an investment decision on gray market IPO rates. Please refer to our research and analysis section.

Research has shown that retail investors are strongly influenced by market sentiment and as a result, are prone to overreaction, especially when it comes to IPO investing. Place your bets wisely!

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into grey market nor do we facilitate buying or selling of IPO forms. 

IPO GMP is the rate of premium an IPO commands per share in the informal grey market. This is the leading indicator of how the market perceives the IPO.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.


  1. CAMS IPO – *GMP Estimated*
    GMP 290 +/- 2
    Kostak 825 +/- 25

    🔺🔺 APPLY 🔺🔺


    GMP 290 +/- 2
    Kostak 825 +/- 25

    🔺🔺 APPLY 🔺🔺



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