IPO Details
Chemcon Speciality Chemicals Ltd.
9th Floor, Onyx Business Centre, Akshar Chowk, Old Padra Road,Vadodra, Gujarat - 390020
Phone: 2981195

Public Issue of 9352940 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 330.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
21/09/202023/09/2020340.00 -
Lead Managers Registrar Listed at
AMBIT CAPITAL PRIVATE LIMITED
INTENSIVE FISCAL SERVICES PRIVATE LIMITED.
Link Intime India Private Limited
C-101, 247 Park,
L.B.S. Marg, Vikhroli (West), ,
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195
BSE
NSE
Object of the issue

The Issue comprises the Offer for Sale and the Fresh Issue.

Offer for Sale

The Company will not receive any proceedsfrom the Offer for Sale. The Selling Shareholder will be entitled to their respective portion of the proceeds of the Offer for Sale, net of their respective portion of the Issue related expenses.

Fresh Issue

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects (collectively, referred to herein as the “Objects”):

1. Capital expenditure towards expansion of the Manufacturing Facility (“Project”),
2. To meet working capital requirements,
3. General corporate purposes.

Promoted by

The Promoters of the Company are:

1. Mr. Kamalkumar Rajendra Aggarwal
2. Mr. Navdeep Naresh Goyal
3. Mrs. Shubharangana Goyal

1. Mr. Kamalkumar Rajendra Aggarwal : Kamalkumar Rajendra Aggarwal is the Chairman and Managing Director of the Company. He holds a diploma in petrochemical technology (plastic technology) from the Maharaja Sayajirao University of Baroda, Gujarat. In the past, he was associated with CEPL in the capacity of director. He has more than 23 years of experience in the specialised chemicals industry. He has been on the Board since January 19, 2004.

Permanent Account Number : ABMPA5842R
Aadhar Card Number : 588657860447
Driving License : GJ0619840115335

2. Mr. Navdeep Naresh Goyal : Navdeep Naresh Goyal is the Deputy Managing Director of the Company. He has obtained a passing certificate for completion of his higher secondary examinations from the Gujarat Secondary & Higher Secondary Education Board, Gandhinagar. He is currently associated with SILPL in the capacity of director (operations). He has more than 10 years of experience in operations. He has been on the Board since April 1, 2015.

Permanent Account Number : AQPPG5045C
Aadhar Card Number : 993283101160
Driving License : GJ0620070000960

3. Mrs. Shubharangana Goyal : Shubharangana Goyal is one the Promoters. She holds a master’s degree in political science from Meerut University, Uttar Pradesh as well as a master’s degree in English literature from Chaudhary Charan Singh University, Meerut. She has been associated with the Company as a Shareholder, since 2010.

Permanent Account Number : ALSPG9860D
Aadhar Card Number : 909037240671