Yasons Chemex Care Ltd IPO opens: Check subscription status, issue price, lot size, listing date, and other key details

Yasons Chemex Care Ltd IPO: The subscription window for the initial public offering (IPO) of Yasons Chemex Care has opened today, July 24. The issue will close on Wednesday, July 26. The company plans to raise Rs 20.57 crore by issuing 51,42,000 equity shares. The Yasons Chemex Care IPO is completely a fresh issue, and there is no offer for sale (OFS) component.

Here are the key details of the IPO:

Yasons Chemex Care Ltd IPO: Price band

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The price band for the IPO is fixed at Rs 40 per share.

Yasons Chemex Care Ltd IPO: Listing date

The shares of Yasons Chemex Care will be listed on the NSE SME on Thursday, August 3.

Yasons Chemex Care Ltd IPO: Allotment date and link

The shares will be allotted to the public on Monday, July 31, and subscribers can check the allotment status on Kfin Technologies Limited's website.

Also Read: Yatharth Hospital IPO to hit Street on July 26: All you need to know

Yasons Chemex Care Ltd IPO: Fund utilisation

The raised funds will be utilised towards the following objects:

-Meeting incremental working capital requirements.

-General corporate purposes.

Yasons Chemex Care Ltd IPO: Subscription status

As of 12:30 PM, Yasons Chemex Care Ltd's IPO had been subscribed 0.67 times on the NSE SME by non-institutional investors (NII) and Retail Investors.

Check live details here

About Yasons Chemex Care Ltd

Yasons Chemex Care is engaged in the manufacturing of dyes, pigment paste, and FMCG products. In the dyes segment, they manufacture basic dyes, reactive dyes, food colourants, direct dyes, and vat dyes. They offer multiple shades of dyes, such as Natural dyes, Synthetic dyes, and Synthetic organic dyes. The company has two manufacturing facilities in Gujarat.

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