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Bloomberg Quint

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Image Credit: Bloomberg Quint

Chemkart India IPO Opens — Check GMP, Offer Size, Price Band, Subscription And More

  • 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.

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