Yasons Chemex IPO Live from Today, See GMP & Expected Returns on Listing

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Yasons Chemex IPO GMP: Yasons Chemex IPO subscription has started from today (July 24). The company aims to raise ₹20.57 crores through this Initial Public Offering (IPO). Yasons Chemex Care Limited is engaged in the manufacturing of dyes, pigment paste, and Fast-Moving Consumer Goods (FMCG) products. Their product range includes various types of dyes such as reactive dyes, direct dyes, basic dyes, vat dyes, and food colorants.

Yasons Chemex IPO Details

IPO DateJul 24, 2023 to Jul 26, 2023
Listing DateAugust 03, 2023
Face Value₹10 per share
Price₹40 per share
Lot Size3000 Shares
Total Issue Size5,142,000 shares
(aggregating up to ₹20.57 Cr)
Fresh Issue5,142,000 shares
(aggregating up to ₹20.57 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share holding pre issue14,161,920
Share holding post issue19,303,920

In the financial year 2023, the company reported a revenue of ₹41.01 crores, which marks an increase from ₹36.79 crores in the previous year, 2022.

The IPO price band has been fixed at ₹40 per Equity Share. Once the IPO is successfully launched and subscriptions are completed, the shares of Yasons Chemex will be listed on the National Stock Exchange (NSE).

Investors and the public can participate in the IPO by subscribing to the shares at the given price within the specified time frame. The company’s financial performance and growth prospects will be key factors that potential investors will consider before making their investment decisions.

Yasons Chemex IPO Subscription Status

As of Jul 24, 2023, at 2:06:00 PM, the Yasons Chemex Care IPO has been subscribed 0.91 times overall. The subscription status in different categories is as follows:

  1. Retail Category: The IPO has been subscribed 1.57 times in the retail category.
  2. QIB (Qualified Institutional Buyers) Category: The subscription status in the QIB category is not provided in the information.
  3. NII (Non-Institutional Investors) Category: The IPO has been subscribed 0.25 times in the NII category.

For day-by-day subscription details and live status, further information is not available in the given data. Please note that IPO subscription status may change throughout the subscription period, and you may want to check with official sources or financial news platforms for real-time updates.

Yasons Chemex IPO GMP Today

As of today, The Grey Market Premium (GMP) for the Yasons Chemex IPO stands at ₹10. GMP refers to the unofficial market where shares of an IPO are traded before their official listing on the stock exchange. It provides insights into the market’s perception of the IPO and the level of demand for the company’s shares among investors.

A positive GMP indicates higher demand for the IPO shares compared to the IPO price, while a negative GMP suggests lower demand. In this context, a GMP of ₹10 indicates a premium of ₹10 per share in the Grey Market over the IPO price of ₹40 per Equity Share for Yasons Chemex.

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Kamaljeet Singh is the founder of tradersingh.com and has 5 years of experience in the financial markets. He aims to make trading and investing easy to understand for everybody and has been featured on Business Insider, Investors Business Daily, Newsweek, GOBankingRates, capital.com, investing.com and other major publications.
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