The initial public offer (IPO) of Chemcon Speciality Chemicals Limited subscribed 5.18 times on Monday the first day of the offering data from stock exchanges show.
Chemcon Speciality Chemicals Limited has set a price band of Rs 338-340 per share and the IPO closes on 23rd September.
The portion of shares reserved for non institutional investors was subscribed 1.23 times, while shares reserved for retail investors was subscribed 9.84 times.
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