Chemkart India has launched its initial public offering (IPO) to raise over Rs 80 crore from the primary market.
The IPO comprises a fresh issue of 26 lakh shares and an offer for sale of 6.29 lakh shares, with a price band set between Rs 236 and Rs 248 per share.
Investors can bid for shares from July 7 to July 9, and the shares are proposed to be listed on the BSE SME platform on July 14.
Chemkart India specializes in producing high-quality food and health ingredients, with proceeds from the IPO allocated for capital expenditure, debt clearance, and general corporate purposes.