Chemcel Biotech IPO Latest News Today

Chemcel Biotech Limited IPO stock listed today at a huge discount of around 68%. An Agro Chemicals manufacturer's fixed price IPO was priced at Rs 16 and closed for subscription on September 12.

Chemcel stock opened at its issue price of Rs 16 and then keeps falling all day. At one point the stock went down to its day low of Rs 4.75. Later the stock recovered a little and finally closed at Rs 5.25, around -68% from its issue price.

Most of the experts told investors not to apply in this IPO. The grey market premiums were running at Rs 2 to Rs 3 just before its listing.

Chemcel Biotech IPO Listing Date & Info:

IPO Listing Date: Monday, October 13, 2008
BSE Script Code: 533026
Listing in: 'B' Group of Securities
ISIN: INE213J01012
Issue Price: Rs 16/- Per Equity Share
Face Value: Rs 10/- Per Equity Share

Chemcel Biotech IPO Listing Date & Info:

IPO Listing Date: Monday, October 13, 2008
BSE Script Code: 533026
Listing in: 'B' Group of Securities
ISIN: INE213J01012
Issue Price: Rs 16/- Per Equity Share
Face Value: Rs 10/- Per Equity Share

IPO Allotment Status is now available online for Chemcel Biotech Limited IPO.

Chemcel Biotech IPO was open on September 09, 2008 and closed on September 12, 20.

 

IPO Allotment Status is now available online for Chemcel Biotech Limited IPO.

Chemcel Biotech IPO was open on September 09, 2008 and closed on September 12, 20.

Incorporated in 1995, Chemcel Biotech Limited is in the business of manufacturing of Agro Chemicals. Company’s main products are in three forms i.e. liquids, granules and dusts. Chemcel Biotech has CIB registrations for 34 products to manufacture pesticides for crops i.e. Paddy, Cotton, Sugarcane, Turmeric, Chillies, Pulses, Vegetable etc.

Chemcel Biotech Limited is entering in the capital markets with a fixed price initial public offering, IPO of 1,54,00,000 Equity Shares for cash, at a premium of Rs 6/-.

The price band for the issue has been fixed at Rs. 16/- for equity share of Rs. 10/-. The issue opens on September 09, 2008 and closes for subscription on September 12, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).

Incorporated in 1995, Chemcel Biotech Limited is in the business of manufacturing of Agro Chemicals. Company’s main products are in three forms i.e. liquids, granules and dusts. Chemcel Biotech has CIB registrations for 34 products to manufacture pesticides for crops i.e. Paddy, Cotton, Sugarcane, Turmeric, Chillies, Pulses, Vegetable etc.

Chemcel Biotech Limited is entering in the capital markets with a fixed price initial public offering, IPO of 1,54,00,000 Equity Shares for cash, at a premium of Rs 6/-.

The price band for the issue has been fixed at Rs. 16/- for equity share of Rs. 10/-. The issue opens on September 09, 2008 and closes for subscription on September 12, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).