Chemplast Sanmar IPO fully subscribed on final day of bidding
August 12, 2021
हिंदी में पढ़ें
The public offering of the leading PVC resin manufacturer – Chemplast Sanmar was opened for subscription from 10th August. The IPO plans to raise Rs 3850 Crores for investors including a fresh issue worth Rs 1300 Crores and shares worth Rs 2550 Crore as offer for sale from stakeholders.
On the final day of application, the IPO received bids for around 7.35 Crore shares against the total IPO size of 3.99 Crore equity shares, which demonstrated a strong response from the investors.
The company was delisted from the Indian bourses in June 2012 and is returning to the market after almost nine years.
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