Geojit: Chemcon Speciality Chemicals IPO - A Niche Player, Valuations Appear Fair

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Geojit Research Report.Chemcon Speciality Chemicals Ltd., was incorporated on December 15, 1988 at Vadodara, Gujarat, India.The Company is a leading manufacturer of specialised chemicals such as HMDS (Hexamethyldisilane) and CMIC (Chloromethyl isopropyl carbonate) which are predominantly used in pharmaceutical industry (pharmaceuticals chemicals) and inorganic bromides, predominantly used as completion fluids in the oilfields industry (Oilwell completion chemicals).Chemcon Speciality Chemicals’ manufacturing facility is located at Manjusar,Vadodara, Gujarat.Purpose of IPO - The proceeds from the offer for sale will go to the selling shareholders, while the amount received from the sale of fresh issue will be utilised to meet working capital requirement, capex towards expansion of manufacturing facility and general corporate purposes..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Geojit: Chemcon Speciality Chemicals IPO - A Niche Player, Valuations Appear Fair

Geojit: Chemcon Speciality Chemicals IPO - A Niche Player, Valuations Appear Fair

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