New Delhi: Shares of Specialty Chemical Manufacturing Company Tatva Chintan Pharma Chem got listed on Thursday with a hefty premium of 95 per cent against the issue price of Rs 1,083.
stock made its debut Rs 2,111.80, up 94.99 per cent from the issue price on BSE. After this, it gained 129.57 percent to reach the day’s high of Rs 2,486.30.
Feather If, the stock got listed at Rs 2,111.85, registering a huge gain of 95 per cent.
Tattva Chintan Pharma Chem’s initial public offering of Rs 500 crore received a good response from investors and was subscribed 180.36 times last week.
Its price range was Rs 1,073-1,083 per share.
The Vadodara based firm is a specialized chemical manufacturing company. The company exports most of its products to over 25 countries including the US, China, Germany, Japan, South Africa and the UK.
stock made its debut Rs 2,111.80, up 94.99 per cent from the issue price on BSE. After this, it gained 129.57 percent to reach the day’s high of Rs 2,486.30.
Feather If, the stock got listed at Rs 2,111.85, registering a huge gain of 95 per cent.
Tattva Chintan Pharma Chem’s initial public offering of Rs 500 crore received a good response from investors and was subscribed 180.36 times last week.
Its price range was Rs 1,073-1,083 per share.
The Vadodara based firm is a specialized chemical manufacturing company. The company exports most of its products to over 25 countries including the US, China, Germany, Japan, South Africa and the UK.
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