Chemplast Sanmar IPO opens today: Key things to know before applying

Chemplast Sanmar IPO opens today: Key things to know before applying
By , ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

It is the largest manufacturer of specialty paste PVC resins in India in terms of installed production capacity. The company is eyeing to raise about Rs 3,850 crore from the primary market.

iStock
The IPO of Chemplast Sanmar will open for subscription on Tuesday, August 10, and will close on Thursday, August 12.

Related

New Delhi: The IPO of speciality chemicals producer Sanmar Chemplast is all set to open for subscription today. The company has four manufacturing facilities in Tamil Nadu.

However, it is not the first time that Chemplast Sanmar is raising money from the primary market. It was delisted nearly a decade ago from stock exchanges in June 2012.

It is the largest manufacturer of specialty paste PVC resins in India in terms of installed production capacity. The company is eyeing to raise about Rs 3,850 crore from the primary market. Here are key things you should know about the issue:

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.