Anupam Rasayan India has debuted at Rs 534.70 on the BSE, down by 20.30 points or 3.66% from its issue price of Rs 555.00.
The scrip is currently trading at Rs 513.35, down by 41.65 points or 7.50% from its issue price. It has touched a high and low of Rs 548.95 and Rs 501.15 respectively. So far 10.22 lakh shares were traded on the counter.
The offering, which was open for subscription between March 12, 2021 and March 16, 2021 was subscribed 44 times led by non-institutional investors who bid for 97.42 times the shares on offer. The qualified institutional buyers (QIB) portion was subscribed 65.74 times. Non-institutional investors’ portion subscribed by 97.42 times and of retail investors by 10.77 times, data shows. The issue price was fixed at Rs 555 per share i.e. at upper end of price band of Rs 553-555 apiece.
Anupam Rasayan India has two distinct business verticals (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives.
| Company Name | CMP |
|---|---|
| BASF India | 3703.10 |
| Tata Chemicals | 709.05 |
| SRF | 2493.65 |
| Pidilite Inds. | 1393.25 |
| Deepak Nitrite | 1538.00 |
| View more.. | |
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