Chembond Chemicals Lists on BSE & NSE at ₹170; Surges to ₹178.50 on Debut
By Shishta Dutta | Published at: Jul 23, 2025 12:17 PM IST
Mumbai, July 23, 2025 – Chembond Chemicals Limited made a strong debut on the stock exchanges today, listing at ₹170 and rallying to ₹178.50 by 11:15 AM. The stock hit its 5% upper circuit within the first trading hour, reflecting strong investor interest and zero sell-side participation.
Listing Performance Snapshot
| Particulars | Value |
|---|---|
| Listing Date | 23-Jul-2025 |
| BSE Scrip Code | 544450 |
| NSE Symbol | CHEMBONDCH |
| ISIN | INE0TGX01019 |
| Listing Price | ₹170.00 |
| Day’s High | ₹178.50 |
| Day’s Low | ₹170.00 |
| Previous Close (Adjusted) | ₹93.93 |
| VWAP | ₹176.28 |
| Traded Volume (shares) | 32,000+ |
| Total Buy Orders | 1,05,457 |
| Sell Orders | 0 |
Stock Performance
The stock opened at ₹170.00 at 09:00 AM and swiftly gained momentum, touching ₹178.50 by 10:15 AM. The gain of over 90% from its adjusted previous close highlights strong post-listing demand from investors.
Demerger and Shareholding Background
Chembond Chemicals’ listing follows a corporate restructuring through which shareholders received two equity shares of the company for every one share held in the earlier parent entity.
Under the apportionment formula post-demerger:
- 69.25% of the pre-demerged cost is assigned to Chembond Chemicals
- 30.75% is attributed to Chembond Chemical Specialities
This adjustment helps shareholders align their capital gains reporting with the revised ownership.
Chembond Chemicals Limited operates in the speciality chemicals space, with business verticals spanning water treatment, coatings, construction chemicals, and industrial performance products. Headquartered in Navi Mumbai, the company continues its legacy under a fresh listing identity, entering the market as an independent player with a clean slate and a promising outlook.
REF:https://nsearchives.nseindia.com/corporate/CHEMBOND_22072025121529_Intimation_receipt_of_approval_for_trading_and_listing_CCL_CCSL__Signed.pdf
https://nsearchives.nseindia.com/corporate/CHEMBOND_21052025214553_CCLApportionmentofCostofAcquisitionofEquitySharesSigned.pdf
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