Yasons Chemex Care IPO: GMP, subscription status on day 3, and other key details
₹40 per equity share and the share will be listed on the NSE SME exchange Thursday, August 3. The Yasons Chemex Care IPO, which is worth ₹20.57 crore, is completely a fresh issue; there is no offer for sale (OFS) component. The fresh funds through the IPO will be put to use for general corporate needs and for the company's working capital requirements.
The Yasons Chemex Care SME IPO share allotment will take place on Monday, 31 July. Those allotted shares will get them in their Demat accounts on Wednesday, 2 August. The refund process for those who did not get shares will begin on Tuesday, 1 August.
Yasons Chemex Care is a manufacturing company that was founded in 2017. They produce FMCG items, dyes, and pigment paste. They provide a wide range of dyes in the dyes segment, including basic dyes, reactive dyes, food colourants, direct dyes, and vat dyes.
They provide various dye colours. The SME initial public offering (IPO) of Yasons Chemex Care Ltd was subscribed 59.60 times on day 3. The issue received positive response from retail investors who's portion set was subscribed 68.76 times, followed by non-institutional buyers who's portion set was subscribed 47.71 times, according to data on chittorgarh.com.
The company has received bids for 29,03,55,000 shares against 5,142,000 shares on offer, according to data on chittorgarh.com. Yasons Chemex Care IPO: GMP, subscription status on day 2, and other key details The Yasons Chemex Care GMP or grey market premium is +10. This indicates that the shares of Yasons Chemex Care were trading at a premium of ₹10 in the grey market on Wednesday, according to topsharebrokers.com.
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