Chemplast Sanmar IPO GMP Today, Live IPO Grey Market Premium 2021

Chemplast Sanmar IPO GMP is very attractive to date. Here in the below tables, you can check Chemplast Sanmar IPO GMP, Kostak, and Subject rates. Grey Market premium for Chemplast Sanmar is around ₹0.

The Chemplast Sanmar IPO will hit the market soon, and you can apply for the IPO from 10th August to 12th August 2021. Chemplast Sanmar is planning to raise ₹3,850 Crores through an IPO which consists of a fresh issue of ₹1,300 Crores worth equity and OFS (Offer For Sale) of ₹2,550 Crores by existing shareholders. Also, check IPO GMP for upcoming IPOs.

Latest Chemplast Sanmar IPO GMP- 

Chemplast Sanmar IPO GMP table is updated every day to give you the exact grey market premium for Chemplast Sanmar IPO.

DateIPO GMP Kostak RatesSubject to Sauda
21/08/2021 ₹0
14/08/2021 ₹35
13/08/2021 ₹12
12/08/2021 25
11/08/2021 ₹30
10/08/2021 ₹32
9/08/2021 ₹35
8/08/2021 ₹35 ₹400 ₹5000

Should you subscribe to Chemplast Sanmar IPO?

We have researched and mentioned the strengths and risks of the Chemplast Sanmar IPO. The final verdict will help you make the right decision.

Strength – 

  • Largest producer of speciality chemical PVC in terms of capacity.
  • Largest manufacturer of Hydrogen peroxide in South India and 3rd largest producer of Caustic Soda.
  • It is a subsidiary of HL chemicals, which dominates the market in South India.
  • Has a focused R&D setup for innovation.

Risks – 

  • Their company CCVL and directors are involved in legal disputes. 
  • CCVL(Chemplast Cuddalore Vinyls Limited) business is cyclic in nature.

Honest Reviews – 

According to financial reports, the company has been profitable for the last 3 years. In 2020 due to the covid pandemic, their profits are down but they are recovering it in 2021. Their CCVL business had been involved in some legal disputes but they recovered soon.

Investors can invest for the listing gains in the Chemplast Sanmar IPO. It’s early to predict but Chemplast Sanmar IPO can give great listing gains by seeing its grey market premium. You can check the details of Chemplast Sanmar IPO here.

Chemplast Sanmar IPO Dates & Price Band:

Open date10th August 2021
Close date12th August 2021
Total Size of IPO₹ 3,850 Cr.
Fresh Issue 1,300 Cr.
Offer for Sale₹2,550 Cr
Price Band₹530- ₹541
Face Value₹5 per share
Listing onNSE and BSE
Retail Investor’s Portion35%

Chemplast Sanmar IPO Market Lot:

The minimum market lot of Chemplast Sanmar IPO is 27 shares with 14,607 applications. Retail investors can apply for 13 lots with 351 shares application worth189,891.

ApplicationLotSharesCut Off Amount
Minimum (RII)12714,607
Maximum (NII)13351189,891

Chemplast Sanmar IPO Allotment & Listing Dates:

Chemplast Sanmar IPO’s open date is 10th August and the closing date is 12th August. Allotment of shares will be done on 18th August and the listing date on NSE & BSE is 24th August 2021.

Allotment Date for Chemplast Sanmar – 18th August 2021
Refund Date for Chemplast Sanmar – 20th August 2021
Credit of Shares to Demat Account – 23th August 2021
Listing Date for Chemplast Sanmar – 24th August 2021

Chemplast Sanmar IPO GMP FAQs:

What is the Chemplast Sanmar IPO GMP today?

Chemplast Sanmar IPO GMP is ₹0 as of today.

What is the last date to apply for Chemplast Sanmar IPO?

12th August 2021 is the last date to apply for Chemplast Sanmar IPO.

What is Kostak Rates of Chemplast Sanmar IPO today?

Chemplast Sanmar IPO Kostak Rates is as of today.

Will Chemplast Sanmar IPO GMP increase?

It’s too early to say that but we can expect a good premium on Chemplast Sanmar IPO.

Can Chemplast Sanmar give listing gains?

Investors can invest for the long term in the Chemplast Sanmar IPO. It’s early to predict but Chemplast Sanmar IPO GMP can give great listing gains by seeing its. You can keep a track of Chemplast Sanmar IPO GMP here. 

Disclaimer for Investors:

  • We on do not buy or sell any kind of IPO forms.  
  • Do not subscribe to IPO just by seeing its GMP. You should do proper research about the fundamentals of a company.
  • IPO GMP changes every day and you can view the changes in the above table.
  • Always apply to an IPO after understanding financials and discussing with your financial advisor.
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