Deepak Chemtex IPO: Issue subscribed more than 89 times on Day2: GMP, Issue details and 10 things to know
₹23.04 crores and it is entirely a fresh issue of 28.8 lakh shares. On the second day by 6.00 PM, Deepak Chemtex IPO was subscribed 89.23 times. The public issue subscribed 126.77 times in the retail category, 10.95 times in QIB, and 106.03 times in the NII category by November 30, 2023 .
as per Chittorgarh.com data. The Grey market Premium or GMP for the Deepak Chemtex IPO increased from ₹28 on 28 November to ₹32 on 29 November, which means shares are trading at their premium of ₹32 in the grey market, according to investorgain.com Deepak Chemtex IPO is likely to see SME listing on the bourses with tentative listing date expected on as Monday, December,11 2023. Also Read- Deepak Chemtex, established in 1997, has its manufacturing capacities located in Lote Parshuram industrial Area, Lote in Ratnagiri District which is halfway from Mumbai to Goa.
Deepak Chemtex is primarily engaged in the business of manufacturing colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture and other industries. Deepak Chemtex IPO Date – Deepak Chemtex IPO open for subscription on November 29, 2023 and closes on December 1, 2023. Deepak Chemtex IPO Price Band- Deepak Chemtex price band is set at ₹76 to ₹80 per share.
Deepak Chemtex Lot size for application- The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹128,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹256,000.
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