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MMCON Rasayan India is a decade-old company in the modern building material and construction chemicals sector. Listed on the National Stock Exchange in the construction chemical segment, the company is looking to cash-in on Indias infra push.
The company's total issue size was 17,10,000 equity shares. The company had fixed the price band at ₹40 per share.
Government investments in projects like the Sagarmala Programme, Bharatmala Pariyojana, Gati Shakti Master Plan, and development of 21 greenfield airports has made the market highly competitive and thrown up opportunities for all stakeholders. This was said by Yogesh Mudras, Managing Director, Informa Markets, at the eighth edition of World of Concrete India trade show.