News Details

( As on 01/07/2025 12:10)

Chemkart India announces launch of initial public offering

Chemkart India Ltd. has announced public offering of 3229200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 238.00 per share. The gross proceeds of the issue are expected to be Rs 8,008.42 lakhs.

The company's initial public offer (IPO) will open on 07 July 2025 and is expected to close on 09 July 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 236.00-248.00 per share.

The IPO includes a fresh Issue of 3229200 Equity Shares of the Company at an price of Rs 248.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Chemkart India Ltd. anticipates using the proceeds of the issue for .

Smart Horizon Capital Advisors Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.