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How to invest in upcoming Deepak Chemtex Ltd IPO?

How to invest in upcoming Deepak Chemtex Ltd IPO?

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Category : ipo news

Deepak Chemtex Ltd IPO Details:

Deepak Chemtex Ltd. has announced public offering of 2880000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 70.00 per share. The gross proceeds of the issue are expected to be Rs 2,304.00 lakhs.

The company's initial public offer (IPO) will open on 29 November 2023 and is expected to close 01 December 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 76.00-80.00 per share.

The IPO includes a fresh Issue of 2880000 Equity Shares of the Company at an price of Rs 80.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Deepak Chemtex Ltd. anticipates using the proceeds of the issue for .

Hem Securities Limited as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.

If the Deepak Chemtex Ltd is something that you’re looking to invest in come 29 November 2023, it would be a good idea to start the demat account opening process right away.

Open Free* Demat & Trading Account with Libord and Start Investing in 15 mins*

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Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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