There’s has been a surge of Chemical Companies IPO launch in recent times. In general, the stock market has also been a roller coaster ride lately and has been high since last year after the Covid-19 lockdown. The IPOs that came to being in the past few years are listed below. Where do they stand today and what’s in it for the times to come?
 
On a higher level view, the Chinese economy has been suffering due to the pollution norms which made several hundred thousand factories stranded to comply with new pollution norms. This gave a great opportunity for the Indian chemical companies to flourish. Moreover the exports that used to happen from China at a very steep discount when there were no pollution norms will be forced to come at a competitive prices with Indian manufacturers and whenever there’s a choice, the customers will always choose Indian manufacturers then Chinese products. Also, there has been a trade war on the verge of escalation, mostly from US and European countries that will help Indian manufacturers to export more. (data from NSE/BSE)