How have been the final subscription numbers of Chemcon IPO and the CAMS IPO?

IPOs of Chemcon Speciality Chemicals and CAMS received a bumper response at the close of the third and last day of their issues. Chemcon IPO was subscribed 149 times while CAMS got subscribed 47 times. The last 2 IPOs, Happiest Minds and Route Mobile got a stellar listing performance.

Chemcon is a leading manufacturer of specialised chemicals that are predominantly used in the pharmaceutical industry and in the oilfield drilling industry. CAMS is India’s largest mutual fund registrar with a market share of nearly 70% and promises to gain from the big equity shift in India.

CAMS IPO was to sell NSE's 37.4% stake in the company, which NSE had to fully divest under directions from SEBI. CAMS generated 87% of its from the mutual fund services business. There was healthy response across investor categories.