Windlas Biotech has debuted at Rs 439.00 on the BSE, down by 21 points or 4.57% from its issue price of Rs 460.
The scrip is currently trading at Rs 416.55, down by 43.45 points or 9.45% from its issue price. It has touched a high and low of Rs 452.10 and Rs 407.25 respectively. So far 2.33 lakh shares were traded on the counter.
The offering, which was open for subscription between August 04, 2021 and August 06, 2021, was subscribed 22.46 times. The issue price was fixed at Rs 460 per share i.e. at upper end of price band of Rs 448-460 apiece.
Windlas Biotech is into domestic pharmaceutical formulations contract development and manufacturing business.