Route Mobile, a cloud communication service provider, has fixed a price band of ₹345-350 per share for its ₹600-crore initial public offering (IPO) that will open on September 9.
The company proposes to use the proceeds for repayment of certain borrowings, acquisitions and other strategic initiatives, purchase of office premises in Mumbai and general corporate purposes. The IPOs will list in both NSE and BSE exchanges. Market experts are anticipating Route Mobile IPOs to receive a favorable response from investors.
Check out Chemcon IPO grey market premium, Kostak rates, and subject to sauda rates as on today.
Chemcon IPO GMP Today
The Grey Market Premium of Chemcon IPO is ₹330. It has decreased a bit in the last few hours.
Chemcon IPO Kostak Price
The Kostak Price of Chemcon IPO is ₹0. As the Allotment is Out.
Chemcon IPO Subject To Sauda Rates
The Subject to Sauda Price of Chemcon IPO is ₹12000. There is a strong demand for Chemcon IPO on this condition. We will update you soon if there is any more hike in the price.
Chemcon IPO GMP History
| Date | GMP | Kostak | Subject To |
| 30 Sept 2020 | 330 | – | 12000 |
| 29 Sept 2020 | 425 | – | 14000 |
| 28 Sept 2020 | 405 | 0 | 14000 |
| 27 Sept 2020 | 375 | 0 | 13500 |
| 26 Sept 2020 | 350 | 0 | 13000 |
| 25 Sept 2020 | 320 | 300 | 11000 |
| 24 Sept 2020 | 260 | 300 | 8000 |
| 23 Sept 2020 | 230 | 300 | 7500 |
| 22 Sept 2020 | 210 | 850 | 6500 |
| 21 Sept 2020 | 225 | 300 | 5000 |
| 20 Sept 2020 | 170 | 650 | 5000 |
| 18 Sept 2020 | 210 | 850 | 6500 |
| 17 Sept 2020 | 120 | 500 | 0 |
| 15 Sept 2020 | 120 | 500 | 0 |
| 12 Sept 2020 | 120 | 500 | 0 |
| 10 Sept 2020 | 120 | 500 | 0 |
| 06 Sept 2020 | 220 | 850 | 6500 |
| 05 Sept 2020 | 220 | 850 | 6500 |
| 04 Sept 2020 | 200 | 800 | 6000 |
| 03 Sept 2020 | 155 | 600 | 5000 |
Chemcon IPO Dates & Price Band :
| IPO Open: | 21 September 2020 |
| IPO Close: | 23 September 2020 |
| IPO Size: | Approx ₹318 Crore |
| Price Band: | ₹338 – ₹340 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 9,352,940 Shares |
| Retail Discount: | – |
Chemcon IPO Market Lot:
- Shares: Minimum 44 Shares & Maximum 572 Shares
- Minimum Amount: ₹14,960
Chemcon IPO Allotment & Listing:
- Basis of Allotment: 28 September 2020
- Refunds: 29 September 2020
- Credit to Demat accounts: 30 September 2020
- Listing: 1 October 2020
Read Also
Chemcon IPO Subscription
Chemcon IPO Allotment Status
Chemcon IPO Date
Disclaimer:
– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies
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