- POSITIVE
Annual Revenue Chemcon Speciality Mar-2026 Annual Revenue is Rs 255 Cr which is growth of 15.2% YoY.
- NEGATIVE
Annual Net Profit Chemcon Speciality Mar-2026 Annual Net Profit is Rs 24 Cr which is growth of -3.5% YoY.

Chemcon Speciality Chemicals was incorporated on December 15, 1988. The company is a manufacturer of specialised chemicals, such as HMDS and CMIC which are predominantly used in the pharmaceuticals industry, and inorganic bromides, namely Calcium Bromide, Zinc Bromide, and Sodium Bromide, which are predominantly used as completion fluids in the oilfields industry
| Bidding Dates |
|---|
| 21 Sep 2020 - 23 Sep 2020 |
| Subscription |
|---|
| 149.3x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,960 | 1 | 13 | 44 | 9.4 M | ₹338 - ₹340 | 74.47 % | ₹3,161.3 M - ₹3,180.0 M | RHP DOC |
Chemcon Speciality IPO SUBSCRIPTION STATUS
23 Sep '20Chemcon Speciality IPO overall subscription rate was 149.3 times the total available shares
Chemcon Speciality IPO retail subscription rate was 41.15 times in the retail segment
Chemcon Speciality IPO non-institutional investor subscription rate was 449.14 times in the non-institutional investor category
Chemcon Speciality IPO Qualified Institutional Bidder subscription rate was 113.54 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
22 Sep 2020 (Day 2) | 22.94x | 3.5x | 1.37x |
23 Sep 2020 (Day 3) | 41.15x | 449.14x | 113.54x |
21 Sep 2020 (Day 1) | 9.83x | 1.24x | 0x |
Chemcon Speciality FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| FY20 | 488.5 | 2,620.5 | 105.0 | -47.9 | 26.8% |
| FY19 | 430.4 | 3,033.4 | 110.6 | -24.6 | 21.8% |
| FY18 | 263.8 | 1,576.4 | 141.3 | 62.3 | 28.6% |
Chemcon Speciality IPO SUBSCRIPTION STATUS DETAILS
Chemcon Speciality had 9.4 M shares on offer
Chemcon Speciality IPO offer price was in the range ₹338 - ₹340
Chemcon Speciality IPO minimum Investment was ₹14960
Chemcon Speciality IPO issue size was ₹ 3,161.3 M - ₹ 3,180.0 M
Chemcon Speciality had a minimum lot size of 44 Shares per application
Chemcon Speciality NUMBER OF SHARES ON OFFER
Chemcon Speciality IPO IMPORTANT DATES
| Issue Open Date | 21 Sep 2020 |
| Issue close Date | 23 Sep 2020 |
| Allotment Date | 28 Sep 2020 |
| Refund Date | 29 Sep 2020 |
| Demat Account Credit Date | 30 Sep 2020 |
| Listing Date | 01 Oct 2020 |
| Listing on Exchange(s) | NSE and BSE |
| Chemcon Speciality Allotment Status | Exchange |
Chemcon Speciality IPO subscription opened on 21 Sep 2020, and closed on 23 Sep 2020
IPO allotment for Chemcon Speciality was finalized on Monday, 28 Sep 2020
IPO listing for Chemcon Speciality was on NSE and BSE on Thursday, 01 Oct 2020
Chemcon Speciality IPO LISTING GAINS
| Issue Price (adjusted) | 340.0 |
| Listing Open Price | 731.0 |
| Listing Close Price | 584.8 |
| Listing Gain% | 115.0% |
| Current Gain% | -42.5% |
Chemcon Speciality Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chemcon Speciality Chemicals Ltd. | 195.6 | 716.5 | 23.9 | 1.2 | 2.7 | 4.9 | 4.2 | 255.4 | 15.2 | 23.6 | -3.5 | 8.2 | 20.3 |
| Pidilite Industries Ltd. | 1553.6 | 158240.4 | 59 | 2.9 | 9.8 | 22.6 | 15.9 | 14867 | 11.1 | 2448.9 | 17.9 | 26.4 | 20.6 |
| SRF Ltd. | 2485 | 73661.6 | 32.3 | 0.8 | 4 | 13.1 | 7.6 | 15893.6 | 7.2 | 1835.2 | 46.7 | 77 | 41.1 |
| Gujarat Fluorochemicals Ltd. | 4709.6 | 51735 | 76.2 | -518.1 | 8.8 | 7.3 | 4.8 | 5126.3 | 5.6 | 577.4 | 5.7 | 61.8 | -0.1 |
| Himadri Speciality Chemical Ltd. | 568.6 | 28687.6 | 33.6 | 1.1 | 5.1 | 16 | 11.9 | 4832 | 3.6 | 751.3 | 35.2 | 16.9 | 30.3 |
| Aether Industries Ltd. | 1552.3 | 20603.3 | 82.7 | 2.9 | 15.9 | 8.9 | 6.8 | 1181.1 | 34.2 | 219.5 | 38.5 | 18.8 | 28 |
Chemcon Speciality annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
Chemcon Speciality INFORMATION ON IPO ISSUE
About Chemcon Speciality
Chemcon Speciality Chemicals was incorporated on December 15, 1988. The company is a manufacturer of specialised chemicals, such as HMDS and CMIC which are predominantly used in the pharmaceuticals industry, and inorganic bromides, namely Calcium Bromide, Zinc Bromide, and Sodium Bromide, which are predominantly used as completion fluids in the oilfields industry
Object of the Issue
- To meet capital expenditures for expansion of manufacturing facility
- To meet business working capital requirements
- To meet general corporate purposes
Chemcon Speciality - PROMOTERS
| Name |
|---|
| KamalKumar Rajendra Aggarwal |
| Shubharangana Goyal |
| Navdeep Naresh Goyal |
Chemcon Speciality Book Running Lead Manager
Intensive Fiscal Services Private Limited
chemcon.ipo@intensivefiscal.com
Ambit Capital Private Limited
chemcon.ipo@ambit.co
Chemcon Speciality Registrar to the Offer
Link Intime India Private Limited
chemcon.ipo@linkintime.co.in
Chemcon Speciality Strengths
Leading manufacturer
The company is a leading manufacturer globally of Pharmaceutical Chemicals and we are a leading manufacturer in India of the Oilwell Completion Chemicals
Customer base
The company has a diversified customer base coupled with long-standing relationships
High entry barrier
The specialty chemicals industry in which the company operates has high entry barriers due to inter alia the involvement of complex chemistry in the manufacture of our Products, which is difficult to commercialize on a large scale
Financial performance
The company has a track record of operations of over two decades and has a strong balance sheet with stable cash flows
Chemcon Speciality Risks
Non-compliance
Promoters and certain members of the promoter group have filed an application for settlement with SEBI with respect to certain past noncompliances with respect to their holding in a listed company, which was a member of the promoter group
Limited product portfolio
The company has a limited product portfolio and business may be adversely affected if any of our products do not continue to perform as expected
IPO FAQs
This IPO consists of an offer for sale of up to Rs 153.0 crore, of 4,500,000 shares. It also consists of a fresh issue of Rs 165.0 crore.
The promoters of the company are KamalKumar Rajendra Aggarwal, Shubharangana Goyal and Navdeep Naresh Goyal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 338.0 - 340.0.
The IPO application opens on Sep 21, 2020 and closes on Sep 23, 2020.
The minimum lot size for the IPO is 44. The maximum lot size for the IPO is 572.
For all category investors, the minimum application amount for this IPO is Rs. 14,960.0, the maximum value for this IPO is Rs 194,480.0.
This IPO will be allotted on Sep 28, 2020.
The refund will be credited to your account on Sep 29, 2020.
The allotted shares will be credited to your demat on Sep 30, 2020.
Chemcon Speciality Chemicals Ltd.’s shares listed on the stock exchanges on Oct 01, 2020.
